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Property Management Market by Component (Solutions and Services), Solution (Lease Accounting & Real Estate Management, Asset Maintenance Management & Reservation Management), Service, Deployment, End-User, Application, and Region - Global Forecast to 2023

Property Management Market by Component (Solutions and Services), Solution (Lease Accounting & Real Estate Management, Asset Maintenance Management & Reservation Management), Service, Deployment, End-User, Application, and Region - Global Forecast to 2023

“The property management market size to grow at a Compound Annual Growth Rate of 8.8% during the forecast period.”
The global property management market size is expected to grow from USD 14.47 billion in 2018 to USD 22.04 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period. Major growth factors for the market include an increasing demand for real estate and smart building projects and demand for SaaS model of property management. However, budget constraints for deploying technological solution could restrain the market growth.

“Services component segment to grow at a higher CAGR during the forecast period”
The services segment plays a key role in the property management market, as property management services help property caretakers and enterprises in reducing their operational costs, automating and handling property management tasks, increasing overall revenue, and improving performance. The upsurge in real estate and smart city projects mandates the critical need for reliable and cost-effective property management software solution and its associated services to manage properties. Services provide customized offerings to commercial customers, including property managers, housing associations, and enterprises. They help organizations across application areas for effectively improving the performance and agility of their properties and facilities.

“North America to hold the largest market size, and Asia Pacific to grow at the highest rate during the forecast period.”
North America is expected to hold the largest market size in the global property management market, as it is a technologically advanced region. Top countries contributing to the property management market in the region include the US and Canada. Moreover, many technological innovators, such as IBM, Oracle, ARCHIBUS, Trimble, and Accruent, are headquartered in the region. The leading vendors in the market are focusing on introducing technically advanced solutions to attain cost effectiveness. The already developed infrastructure and the increasing commercial and residential real estate demands in this region could spur the demand for property management solutions. Technological advancements and the growth in rental demands will boost the growth of the property management market in the region.

APAC is projected to grow at the highest CAGR during the forecast period. The growing economies, such as China and India, in the region achieving a real Gross Domestic Product (GDP) growth of 6–7% Y-o-Y, and the rise in demand for investments in the infrastructure sector, including commercial and real estate properties, have attracted of many global property management vendors, such as MCS Solutions, Yardi, and JLL to provide their solutions in the APAC region. Also, many global technical players are expanding their footprint in Asian countries such as India, Singapore, and China. This has led this region’s property vendors to enhance their capabilities in their automation solutions to meet the requirements of the increasing number of properties in the APAC region. The rapid growth of the commercial and real estate industry is creating opportunities for property management solution providers in the region.

In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with the key people. The break-up of profiles of primary participants is as follows:
By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
By Region: North America – 57%, Europe – 14%, APAC, and ROW – 29%

The property management market includes major vendors, such as IBM (US), Hitachi Vantara (US), JLL (US), Oracle (US), SAP (Germany), Trimble (US), RealPage (US), AppFolio (US), Yardi (US), MCS Solutions (Belgium), and ARCHIBUS (US). The other players include FSI (UK), Planon (Netherlands), Accruent (US), Entrata (US), iOFFICE (US), Indus Systems (US), Total Management (US), Rentec Direct (US), PMX Dynamics (Canada), Hemlane (US), Property Boulevard (US), OfficeSpace (US), CIC (US), Archidata (Canada), and Buildium (US).

Research Coverage:
The report includes an in-depth competitive analysis of the key players in the property management market, along with their company profiles, recent developments, and key market strategies. The report segments the property management market by component (solution and services), deployment type, end user, application and region.

Reasons to Buy the Report:
The report on the global property management market will help market leaders/new entrants in the market in the following ways:
1. The global property management market size has been derived on the basis of the revenue generated by vendors offering dedicated property management software and associated services, including facility property management solutions that help manage various property and facility operations. Whereas, the market scope excludes the revenue generated from Integrated Workplace Management System (IWMS) solutions. The report provides the closest approximations of the revenue numbers for the overall market and subsegments. The market numbers are further split into regions.
2. The report helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report helps stakeholders to understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table PROPERTY MANAGEMENT MARKET SIZE AND GROWTH RATE, 2016-2023 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE PROPERTY MANAGEMENT MARKET
    • PROPERTY MANAGEMENT MARKET, BY COMMERCIAL APPLICATION AND REGION
    • PROPERTY MANAGEMENT MARKET, BY REGION
    • PROPERTY MANAGEMENT MARKET: INVESTMENT SCENARIO
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • PROPERTY MANAGEMENT MARKET, BY COMPONENT
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
    • SOLUTIONS
      • Table SOLUTIONS: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SERVICES
      • Table SERVICES: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY SOLUTION
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
    • LEASE ACCOUNTING AND REAL ESTATE MANAGEMENT
      • Table LEASE ACCOUNTING AND REAL ESTATE MANAGEMENT: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • ASSET MAINTENANCE MANAGEMENT
      • Table ASSET MAINTENANCE MANAGEMENT: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • WORKSPACE AND RELOCATION MANAGEMENT
      • Table WORKSPACE AND RELOCATION MANAGEMENT: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • RESERVATION MANAGEMENT
      • Table RESERVATION MANAGEMENT: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY SERVICE
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
    • DEPLOYMENT AND INTEGRATION
      • Table DEPLOYMENT AND INTEGRATION: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • CONSULTING
      • Table CONSULTING: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SUPPORT AND MAINTENANCE
      • Table SUPPORT AND MAINTENANCE: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SERVICE LEVEL AGREEMENT MANAGEMENT
      • Table SERVICE LEVEL AGREEMENT MANAGEMENT: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY DEPLOYMENT
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2016-2023 (USD MILLION)
    • CLOUD
      • Table CLOUD: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • ON-PREMISES
      • Table ON-PREMISES: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY END-USER
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
    • PROPERTY MANAGERS
      • Table PROPERTY MANAGERS: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • HOUSING ASSOCIATIONS
      • Table HOUSING ASSOCIATIONS: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY APPLICATION
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • COMMERCIAL
      • Table COMMERCIAL: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • RESIDENTIAL
      • Table RESIDENTIAL: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY COMMERCIAL APPLICATION
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY COMMERCIAL APPLICATION, 2016-2023 (USD MILLION)
    • CONSTRUCTION AND REAL ESTATE
      • Table CONSTRUCTION AND REAL ESTATE: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • GOVERNMENT
      • Table GOVERNMENT: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • RETAIL
      • Table RETAIL: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • HOSPITALITY
      • Table HOSPITALITY: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • PROPERTY MANAGEMENT MARKET, BY REGION
    • INTRODUCTION
      • Table PROPERTY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY COMMERCIAL APPLICATION, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table EUROPE: PROPERTY MANAGEMENT MARKET SIZE, BY COMMERCIAL APPLICATION, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: PROPERTY MANAGEMENT MARKET SIZE, BY COMMERCIAL APPLICATION, 2016-2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PROPERTY MANAGEMENT MARKET SIZE, BY COMMERCIAL APPLICATION, 2016-2023 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY SERVICE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY END-USER, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: PROPERTY MANAGEMENT MARKET SIZE, BY COMMERCIAL APPLICATION, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SCENARIO
      • NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS
        • Table NEW PRODUCT LAUNCHES AND PRODUCT ENHANCEMENTS, 2017-2018
      • PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS
        • Table PARTNERSHIPS, COLLABORATIONS, AND AGREEMENTS, 2016-2018
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2018
  • COMPANY PROFILES
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • JLL
      • BUSINESS OVERVIEW
      • SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SAP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • TRIMBLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • REALPAGE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • APPFOLIO
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • YARDI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MCS SOLUTIONS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ARCHIBUS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FSI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • PLANON
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ACCRUENT
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ENTRATA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IOFFICE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INDUS SYSTEMS
      • BUSINESS OVERVIEW
    • TOTAL MANAGEMENT
      • BUSINESS OVERVIEW
    • RENTEC DIRECT
      • BUSINESS OVERVIEW
    • PMX DYNAMICS
      • BUSINESS OVERVIEW
    • HEMLANE
      • BUSINESS OVERVIEW
    • PROPERTY BOULEVARD
      • BUSINESS OVERVIEW
    • OFFICESPACE SOFTWARE
      • BUSINESS OVERVIEW
    • CIC
      • BUSINESS OVERVIEW
    • ARCHIDATA
      • BUSINESS OVERVIEW
    • BUILDIUM
      • BUSINESS OVERVIEW
  • APPENDIX
    • INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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