In this report, LP Information studies the present scenario (with the base year being 2017) and the growth prospects of global Multi-family/HOA Property Management Software market for 2018-2023.
Property management software helps property managers manage their daily operations. These operations include tenant and lease tracking, accounting, and building maintenance. The software solution provides property managers a centralized platform to view all their properties. It also ensures the progress of other property-related operations such as supervising maintenance tasks and addressing the needs of tenants. Multi-family and HOA Property Management Software is the Property Management Software used in Multi-family and HOA (Homeowners Associations) field.
On the basis of type, the Multi-family and HOA Property Management Software market is segmented into On-Premise Type and Cloud-Based Type. The Cloud-Based PMS segment is expected to grow faster in the future.
The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence.
Over the next five years, LPI(LP Information) projects that Multi-family/HOA Property Management Software will register a 7.0% CAGR in terms of revenue, reach US$ 1200 million by 2023, from US$ 800 million in 2017.
This report presents a comprehensive overview, market shares and growth opportunities of Multi-family/HOA Property Management Software market by product type, application, key companies and key regions.
To calculate the market size, LP Information considers value generated from the sales of the following segments:
Segmentation by product type:
Segmentation by application:
We can also provide the customized separate regional or country-level reports, for the following regions:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Multi-family/HOA Property Management Software market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Multi-family/HOA Property Management Software market by identifying its various subsegments.
Focuses on the key global Multi-family/HOA Property Management Software players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Multi-family/HOA Property Management Software with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Multi-family/HOA Property Management Software submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.