Property Management Apps Market 2019
The global property management apps market is driven with the developing integration of the property sector with the artificial intelligence sector. Artificial intelligence has come to play a huge role in making the property management industry more accessible and convenient to navigate. Property management apps are gaining popularity amongst property managers as well as customers alike. The use of artificial intelligence goes a long way in providing insightful information and is also highly efficient in identifying patterns, which is indeed welcome in a fast-developing industry like property.
Key Players Covered In This Report
Easy Storage Solutions
MRI Commercial Management
The development of this industry is benefitted by the rising need for transparency in property management. The property management industry requires active control over the operations and supervision of a property. Owners of property can either supervise it themselves or appoint a property manager to overlook daily operations such as reporting, accounting, lease, tracking, repairing, planning, and sales. Property management apps are becoming increasingly popular in enabling property managers to conveniently supervise the property. These property management apps provide an enhanced level of transparency as well as ease-of-access, allowing people to overlook the functions without the need to be physically present at the location.
The management of property requires enhanced handling and storage of information. Most civil legal disputes involve property, and these legal aspects of property management are best handled with the help of a recorded management of the property. With real estate becoming one of the most sought-after investment options, property management, as a sector is sure to see a spike. Lately, home owners are indulging in technology geared towards smart and connected homes. These increasing advancements in technology are sure to play into the increasing demand for property management apps. These apps provide a sense of security in helping the property owner gain access to the handlings revolving the property.
The property management apps market is segmented on the basis of type and application. Based on type, the market is segmented into on-cloud services, and on-premise services. On-premise service is one of the more traditional means of storing and accessing data. On-premise apps warrants for the need of a software license for each server and end user. The on-cloud app model works by engaging remote servers for processing logic.
On the basis of application, the property management app market is segmented into large enterprises as well as small and medium-sized enterprises.
The property management app market study covers the following regions – North America, Europe, China, Japan, Southeast Asia, India, and Central and South America. The North American market is the fastest growing market for the rising demand in property management apps. More property owners and property managers are relying on apps for improving their access to the operational aspect of property management. The rising number of vacant apartment is said to be another driving factor for the growth of the property management app market.
The global property management software market is expected to reach approximately US $ 1.1 Billion by the end of 2019. Furthermore, the market is expected to expand extensively in North America and Europe in the following years, and is estimated to reach US $ 2 Billion by the end of 2027.
Table of Contents –Analysis of Key Points
1 Property Management Apps Market Overview
2 Key Players Profiles
3 Global Property Management Apps Market Competition, by Players
4 Global Property Management Apps Market Size by Regions
5 North America Property Management Apps Revenue by Countries
6 Europe Property Management Apps Revenue by Countries
7 Asia-Pacific Property Management Apps Revenue by Countries
8 South America Property Management Apps Revenue by Countries
9 Middle East and Africa Revenue Property Management Apps by Countries
10 Global Property Management Apps Market Segment by Type
11 Global Property Management Apps Market Segment by Application
12 Global Property Management Apps Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
List of Tables and Figures
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