LONDON--(BUSINESS WIRE)--The property management software market is expected to register a CAGR of almost 5% during 2020-2024, as per the latest research report by Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios.
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Due to the extensive spread of the virus across the globe, the Information Technology industry is anticipated to have a Mixed impact. The property management software market will showcase a Positive impact during 2020-2024.
Property management software market 2020-2024: Segmentation
Property management software market is segmented as below:
- North America
- South America
North America accounted for the largest property management software market share in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing investments in smart city infrastructure, the growing investments in the retail sector, and the rising urbanization rate will significantly influence property management software growth in this region. The US is the critical market for the property management software market in North America. Market growth in this region will be slower than the growth of the market in Europe and APAC.
The Information Technology market is anticipated to have Direct impact and property management software market demand will show At par growth. View market snapshot before purchasing
Adherence to industry and government regulations for property listings has been an instrumental factor in influencing the growth of the property management software market. Other market drivers include the increasing importance of customer centric-business processes. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, base case and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID 19 market estimates
- Quarterly impact analysis as the spread reaches a global level and updates on market estimates
Get more insights about the global trends impacting the future of Property management software market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR40964
Property management software market 2020-2024: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater to a larger target audience during the pandemic. Major market participants include AppFolio Inc., Console Australia Pty Ltd., Entrata Inc., London Computer Systems, MRI Software LLC, Quicken Inc., RealPage Inc., Rentec Direct, ResMan LLC, and Yardi Systems Inc.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform
Table of Contents:
- Market Overview
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Deployment
- Market segments
- Comparison by Deployment placement
- Cloud-based - Market size and forecast 2019-2024
- On-premise - Market size and forecast 2019-2024
- Market opportunity by Deployment
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver - Demand led growth
- Volume driver - Supply led growth
- Volume driver - External factors
- Volume driver - Demand shift in adjacent markets
- Price driver - Inflation
- Price driver - Shift from lower to higher-priced units
- Market challenges
- Market trends
- Vendor landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- AppFolio Inc.
- Console Australia Pty Ltd.
- Entrata Inc.
- London Computer Systems
- MRI Software LLC
- Quicken Inc.
- RealPage Inc.
- Rentec Direct
- ResMan LLC
- Yardi Systems Inc.
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.