Sunday, February 5, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

Property Management Market Predicted to Grow $22.04 billion by 2023

Press Room by Press Room
August 26, 2022
in Press Release
Share on FacebookShare on Twitter


(EMAILWIRE.COM, August 26, 2022 ) According to research report “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″, published by MarketsandMarkets, the global property management market size 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. The major driving factors of the property management market include an increasing demand for SaaS model and upsurge in real estate and smart building projects.

Browse 68 market data Tables and 46 Figures spread through 145 Pages and in-depth TOC on “Property Management Market – Global Forecast to 2023”

Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36579732

Reservation management solution to grow at the highest CAGR during the forecast period

The reservation management solution helps in the fast activation and management of property and facility spaces. The solution enables enterprises to optimize their resources in real time across the entire property and facility portfolio. It helps in booking and managing vacation properties, hotel rooms, and conference rooms and halls. The solution provides a uniform platform for booking meeting spaces, equipment, and related services. It also enables employees to check the availability of rooms in real time for avoiding conflicts in meeting room bookings. Enterprises leverage the benefits of this solution to centrally manage and optimize the booking of meeting rooms and related services in real time across sites and buildings, countries, and regions.

Commercial application segment to hold a larger market size during the forecast period

The commercial segment covers real estate buildings, retail properties, hotels, educational institutes, industrial enterprises, and government buildings. It is expected to hold the largest market size during the forecast period. Commercial properties need to manage many departments, such as maintenance, human resources, accounting and payroll, and business operations. For managing these departments and their business operations, property managers adopt on-premises property management software solutions.

Request Sample Pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=36579732

North America to hold the largest market size during the forecast period

North America is projected to hold the largest market size and continue to dominate the global property management market during the forecast period. Commercial and residential real estate property managers in North America are rapidly adopting property management software solutions by leveraging the automation and management solutions. The existing developed infrastructure and the increasing commercial and residential real estate demands in the region have boosted the adoption for property management solutions in North America. The growth in rental demands has resulted in the strong demand for property management solutions and services. Moreover, consistent technological innovations in this region enable software providers to develop comprehensive property management software solutions.

Major players in the property management market include 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).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com



Source link

Previous Post

Lithium Silicon Battery Market worth $247 million by 2030

Next Post

The Worldwide Terahertz Technology Industry is Projected to Reach $1.2 Billion by 2027

RECOMMENDED NEWS

Factbox: Saudi Arabia v Mexico World Cup 2022: kickoff time, venue, stats and odds

2 months ago

Wireless Broadband in Public Safety Market worth $69.6 billion by 2026

8 months ago

DRaaS Market Size, Share, Trends, Analysis and Forecast to 2027

7 months ago

6 Unmissable Experiences in Saudi Arabia to Book via Travel Tours

8 months ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • قد يؤدي استهلاك الجوز إلى إبطاء تطوّر السرطان

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • Data Center Power Market Projected to Gain $26.1 billion by 2025
  • Fatty Amines Market Global Analysis by Top Key Players Focusing on Growth Strategies and Upcoming Trends 2024
  • Automotive Adhesive Tapes Market Size is projected to reach USD 12.1 Billion By 2026
  • Industrial PC Market Worth $6.6 billion in 2028 at a CAGR of 5.5%
  • UHT Processing Market Statistics, Growth, Trends & Forecasts

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.