Market Overview:
The global tenant management and billing software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based tenant management and billing software due to its advantages such as scalability, flexibility, and low cost of ownership. In addition, the growing demand for commercial real estate is also propelling the growth of the global tenant management and billing software market. However, lack of awareness about benefits offered by tenant management and billing software is restraining the growth of this market. North America dominates the global tenant management and billing software market followed by Europe owing to early adoption of latest technologies in these regions.
Product Definition:
Tenant Management and Billing Software is used to manage tenants and their payments. This software can keep track of rent payments, late fees, and other associated payments. It can also generate bills for tenants and keep a record of all transactions. This software is important for landlords because it helps them to keep track of their tenants' payments and stay organized.
Cloud-based:
Cloud-based software is a type of software service model that provides shared computer resources over the internet. It uses cloud technology which is an virtual environment where data and applications are stored and run from remote locations. The major advantage of this service model is that it offers benefits such as easy accessibility, cost efficiency, flexibility & scalability, reliability & security along with low maintenance. These factors have been driving the growth of this market globally.
On-Premise:
On-premise software is a type of cloud computing that involves hosting the application code and data on an end user’s own server or computer. The end-user can access the data from any location through a network. This type of software provides benefits such as easy maintenance, low cost of ownership, and high security as compared to hosted solutions.
Application Insights:
The commercial application segment accounted for the largest share of over 70.0% in 2017 and is anticipated to maintain its lead over the forecast period. The growth can be attributed to an increase in the number of small & medium-sized businesses (SMBs) across all regions, which are increasingly adopting tenant management and billing software solutions. SMBs are particularly opting for cloud-based Tenant Management & Billing Software as it offers various benefits such as user convenience, flexibility, scalability along with reliable service delivery at a reduced cost.
Residential application segment is expected to register significant growth over the forecast period owing to increasing consumer spending capacity coupled with stable economic conditions in major economies such as U.S., Canada, China and India among others globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to several factors such as increasing adoption of tenant management and billing software by service providers, growing number of SMBs, and high demand for cloud-based solutions. Moreover, presence of a large number of industry players in North America is also expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising demand from small & medium enterprises (SMEs). Furthermore, rapid technological advancements coupled with increased penetration rates for internet services are likely to contribute towards regional market development during the forecast period. Europe accounted for more than 20% share in 2017 owing to high acceptance levels regarding advanced technologies among users there.
Growth Factors:
- Increasing demand for cloud-based tenant management and billing software due to its scalability, flexibility, and cost-effectiveness.
- Proliferation of mobile devices and the growing trend of BYOD (Bring Your Own Device) is fueling the demand for tenant management and billing software that can be accessed from anywhere at any time.
- The need to manage ever-growing rental properties is driving the adoption of tenant management and billing software among property managers, landlords, and real estate firms.
- Rising awareness about the benefits of using tenant management and billing software is helping to boost its market growth rate globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Tenant Management & Billing Software Market Research Report
By Type
Cloud-based, On-Premise
By Application
Residential, Commercial
By Companies
Delmon Solution, Commercial Water & Energy Co., Honeywell International Inc., Entronix Energy Management, Inc., Enertiv, TEAM (Energy Auditing Agency Ltd.), Accuenergy Ltd, MACH Energy, SystemsLink 2000 Ltd, Semsys, IOTomation Ecotech Pvt. Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Tenant Management & Billing Software Market Report Segments:
The global Tenant Management & Billing Software market is segmented on the basis of:
Types
Cloud-based, On-Premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Delmon Solution
- Commercial Water & Energy Co.
- Honeywell International Inc.
- Entronix Energy Management, Inc.
- Enertiv
- TEAM (Energy Auditing Agency Ltd.)
- Accuenergy Ltd
- MACH Energy
- SystemsLink 2000 Ltd
- Semsys
- IOTomation Ecotech Pvt. Ltd.
Highlights of The Tenant Management & Billing Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud-based
- On-Premise
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Tenant Management & Billing Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Tenant management and billing software is a computer application that helps landlords manage their rental properties. The software can help landlords keep track of rent payments, tenant information, and property maintenance. In addition, the software may also provide tools for managing eviction proceedings or collecting late fees from tenants.
Some of the major players in the tenant management & billing software market are Delmon Solution, Commercial Water & Energy Co., Honeywell International Inc., Entronix Energy Management, Inc., Enertiv, TEAM (Energy Auditing Agency Ltd.), Accuenergy Ltd, MACH Energy, SystemsLink 2000 Ltd, Semsys, IOTomation Ecotech Pvt. Ltd..
The tenant management & billing software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tenant Management & Billing Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Tenant Management & Billing Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tenant Management & Billing Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Tenant Management & Billing Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Tenant Management & Billing Software Market Size & Forecast, 2020-2028
4.5.1 Tenant Management & Billing Software Market Size and Y-o-Y Growth
4.5.2 Tenant Management & Billing Software Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cloud-based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tenant Management & Billing Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Tenant Management & Billing Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cloud-based
9.6.2 On-Premise
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cloud-based
10.6.2 On-Premise
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cloud-based
11.6.2 On-Premise
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cloud-based
12.6.2 On-Premise
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cloud-based
13.6.2 On-Premise
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Tenant Management & Billing Software Market: Competitive Dashboard
14.2 Global Tenant Management & Billing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delmon Solution
14.3.2 Commercial Water & Energy Co.
14.3.3 Honeywell International Inc.
14.3.4 Entronix Energy Management, Inc.
14.3.5 Enertiv
14.3.6 TEAM (Energy Auditing Agency Ltd.)
14.3.7 Accuenergy Ltd
14.3.8 MACH Energy
14.3.9 SystemsLink 2000 Ltd
14.3.10 Semsys
14.3.11 IOTomation Ecotech Pvt. Ltd.
