Property Management Market size to grow by USD 49.45 billion between 2022 – 2027 – Technavio
Industry: Technology
The adherence to industry and government regulations for property listings to drive the market growth
New York, NY (PRUnderground) November 20th, 2023
The Property Management Market size is set to increase by USD 49.45 billion, progressing at a CAGR of 2.73% from 2022 to 2027. The growth of the global property management market is driven by strict compliance with diverse industry and government regulations concerning property listings. These regulations, varying by country, focus on data and physical security. Property managers must understand rental laws and specific requirements such as documentation, bank reconciliation, and data storage to ensure compliance. This adherence to regulations is projected to drive significant market growth. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. Buy the report now
Property Management Market 2023-2027: Segmentation
- Application
- Construction And Real Estate
- Government
- Retail
- Hospitality
- Others
- Deployment
- Cloud-based
- On-premise
- Geography
- North America
- Europe
- APAC
- South America
- Middle East And Africa
The construction and real estate segment is anticipated to have substantial market share growth during the forecast period. The housing market’s expansion is primarily attributed to increased investments in smart city initiatives, smart parking infrastructure, and the development of commercial spaces.
Get detailed Insights on the impact of each segment and make informed business decisions
Property Management Market 2023-2027: Company Analysis and Scope
To help companies improve their market position, Technavio provides a detailed analysis of around 25 companies operating in the market. Some of these companies include 360 Mango Solutions Pvt. Ltd., Amadeus IT Group SA, CBRE Group Inc., Ciirus Inc., Digital Arbitrage Ltd., Ezee Technosys Pvt. Ltd., Guestline Ltd., Honeywell International Inc., Hotelogix India Pvt. Ltd., InnKey PMS, International Business Machines Corp., Koch Industries Inc., Microsoft Corp., Micro Star International Co. Ltd., Oracle Corp., SAP SE, Frontdesk Anywhere Inc., InnQuest Software, Northwind Commercial Real Estate, and Saaranya Hospitality Technologies Pvt. Ltd.
The report also covers the following areas:
- Property Management Market size
- Property Management Market trends
- Property Management Market industry analysis
The property management market is fragmented, and the degree of fragmentation will accelerate. The adherence to industry and government regulations for property listings will offer immense growth opportunities. However, the changing skill requirements for the adoption of emerging technologies will hamper the market growth.
Property Management Market 2023-2027: Key Highlights
- CAGR of the market during the forecast period 2023-2027
- Detailed information on factors that will assist property management market growth during the next five years
- Estimation of the property management market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the property management market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of property management market vendors
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TOC
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Size
- Five Forces Analysis
- Market Segmentation by Application
- Market Segmentation by Deployment
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, and Trends
- Company Landscape
- Company Analysis
- Appendix
About Technavio Research
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
