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Property Management System (PMS) Market Size, Share, Trends, Growth Outlook

Property Management System (PMS) Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Deployment (Cloud-based, On Premise), By Solution (Rental Listings Management, Applicant Management, Reporting and Analytics, Maintenance Activities Management, Professional and Managed Services, Others), By Application (Apartments, Retail Spaces, Office Spaces, Hotels, Others), By End-User (Housing Associations, Agents, Property Investors, Others), and Companies Report

The Global Property Management System (PMS) Market Size is estimated to register 8.5% growth over the forecast period from 2023 to 2030.

 

The market growth is driven by increasing with a growing emphasis on sustainability, PMS solutions are adapting to support green property management practices. This trend involves incorporating features that help monitor and optimize energy consumption, waste management, and other environmentally conscious aspects of property operations. PMS platforms that integrate sustainability metrics and reporting functionalities are gaining traction as businesses strive for more eco-friendly property management practices. Leading Companies focusing on Blockchain Integration for Enhanced Security, Augmented Reality (AR) for Virtual Property Tours, Advanced Data Analytics for Decision Support, and others to boost market shares in the industry.

 

Market Overview

The Property Management System (PMS) market, as of January 2022, has witnessed substantial global growth with a shift towards cloud-based solutions, emphasizing scalability and accessibility. Integration with emerging technologies like IoT and AI has become prevalent, enhancing functionalities such as predictive analytics and automation. User experience has been a focal point, leading to intuitive interfaces and mobile optimization. Sustainability and compliance have gained importance, addressing environmental concerns and data protection regulations. The market is competitive, marked by differentiation through specialization and technological innovations. The global adoption of PMS solutions spans residential, commercial, and hospitality sectors, reflecting the industry's recognition of the benefits of efficient property management.

 

Market Dynamics

Market Trends- Cloud-based property management systems are rapidly gaining traction as more and more businesses recognize the benefits of this innovative technology.

The market has swiftly embraced cloud-based property management systems, propelled by businesses acknowledging the numerous advantages of this innovative technology. This shift is apparent in the property management sector, where cloud solutions stand out for their scalability, flexibility, and accessibility. Property managers are attracted to the convenience of remote data access, streamlined operations, and improved overall efficiency. The adoption of cloud-based PMS reflects a broader industry trend favoring modern, technology-driven solutions adaptable to evolving needs, enhancing performance in property management processes.

 

Market Driver- The integration of IoT technology is driving demand for PMS solutions as businesses seek to enhance operational efficiency, improve guest experiences, and gather valuable data.

The rising need for Property Management System (PMS) solutions is driven by the integration of IoT technology, as businesses aim to enhance operational efficiency, elevate guest experiences, and extract valuable data. Integrating IoT into PMS enables real-time monitoring and control of diverse aspects within properties, spanning from smart room functionalities to energy management systems. This overarching trend reflects the industry's broader commitment to harnessing advanced technologies for the dual purpose of optimizing operational workflows and enhancing customer experiences, all while gaining actionable insights through data analytics.

 

Market Opportunity- Data security is a top priority for property managers, and PMS providers are offering solutions that meet the latest data privacy regulations.

As data security takes center stage for property managers, the Property Management System (PMS) market is sharply honing in on this crucial aspect. PMS providers are leading the charge, actively responding to the increased emphasis on data security. They achieve this by furnishing solutions that adhere to the latest data privacy regulations. This unwavering commitment reflects the industry's dedication to furnishing property managers with resilient and compliant tools, enabling them to securely protect sensitive information in line with continuously evolving privacy standards.

 

Market Share Analysis- Cloud-based The Property Management System (PMS) Market will register the fastest growth

The Global Property Management System (PMS) Market is analyzed across Cloud-based, On-Premise, and others. Cloud-based is poised to register the fastest growth. The cloud-based Property Management System (PMS) market is rapidly growing as businesses recognize the efficiency and adaptability of cloud technology in property management. Offering scalability and real-time accessibility, cloud-based PMS solutions are replacing traditional on-premise systems. This shift reflects a broader industry trend towards modern, technology-driven solutions that can seamlessly integrate with other technologies like IoT and AI. The market is poised for sustained expansion as the demand for agile and connected property management solutions continues to rise.

 

Market Share Analysis- Rental Listings Management held a significant market share in 2023

The Global Property Management System (PMS) Market is analyzed across various Solutions including Rental Listings Management, Applicant Management, Reporting and Analytics, Maintenance Activities Management, Professional and Managed Services, and others. Of these, Rental Listings Management held a significant market share in 2023. The Rental Listings Management segment in the Property Management System (PMS) market is on the rise, responding to the demand for specialized tools in efficient rental property management. PMS providers are developing targeted solutions with features like automated listing updates and tenant screening, emphasizing streamlined processes, enhanced property visibility, and improved operational efficiency for property managers and landlords.

 

Property Management System (PMS) Market Segmentation

By Deployment

  • Cloud-based
  • On-Premise

By Solution

  • Rental Listings Management
  • Applicant Management
  • Reporting and Analytics
  • Maintenance Activities Management
  • Professional and Managed Services
  • Others

By Application

  • Apartments
  • Retail Spaces
  • Office Spaces
  • Hotels
  • Others

By End-User

  • Housing Associations
  • Agents
  • Property Investors
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Property Management System (PMS) Market Companies

  • Console Australia Pty Ltd
  • AppFolio Inc
  • CoreLogic
  • Entrata Inc
  • MRI Software LLC
  • RealPage Inc
  • ManageCasa
  • REI Master
  • Yardi Systems Inc
  • Zillow Group Inc

*List not exhaustive

Property Management System Market Outlook 2023

1 Market Overview

1.1 Introduction to the Property Management System Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

 

2 Executive Summary

2.1 2023 Property Management System Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

 

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Property Management System Market Companies with Area Served

4.2.2 Products Offerings Global Property Management System Market

 

5 COVID-19 Impact Analysis and Outlook Scenarios

5.1.1 Covid-19 Impact Analysis

5.1.2 post-COVID-19 Scenario- Low Growth Case

5.1.3 post-COVID-19 Scenario- Reference Growth Case

5.1.4 post-COVID-19 Scenario- Low Growth Case

 

6 Global Property Management System Market Trends

6.1 Global Property Management System Revenue (USD Million) and CAGR (%) by Type (2018-2030)

6.2 Global Property Management System Revenue (USD Million) and CAGR (%) by Applications (2018-2030)

6.3 Global Property Management System Revenue (USD Million) and CAGR (%) by regions (2018-2030)

 

7 Global Property Management System Market Revenue (USD Million) by Type, and Applications (2018-2022)

7.1 Global Property Management System Revenue (USD Million) by Type (2018-2022)

7.1.1 Global Property Management System Revenue (USD Million), Market Share (%) by Type (2018-2022)

7.2 Global Property Management System Revenue (USD Million) by Applications (2018-2022)

7.2.1 Global Property Management System Revenue (USD Million), Market Share (%) by Applications (2018-2022)

 

8 Global Property Management System Development Regional Status and Outlook

8.1 Global Property Management System Revenue (USD Million) By Regions (2018-2022)

8.2 North America Property Management System Revenue (USD Million) by Type, and Application (2018-2022)

8.2.1 North America Property Management System Revenue (USD Million) by Country (2018-2022)

8.2.2 North America Property Management System Revenue (USD Million) by Type (2018-2022)

8.2.3 North America Property Management System Revenue (USD Million) by Applications (2018-2022)

8.3 Europe Property Management System Revenue (USD Million), by Type, and Applications (USD Million) (2018-2022)

8.3.1 Europe Property Management System Revenue (USD Million), by Country (2018-2022)

8.3.2 Europe Property Management System Revenue (USD Million) by Type (2018-2022)

8.3.3 Europe Property Management System Revenue (USD Million) by Applications (2018-2022)

8.4 Asia Pacific Property Management System Revenue (USD Million), and Revenue (USD Million) by Type, and Applications (2018-2022)

8.4.1 Asia Pacific Property Management System Revenue (USD Million) by Country (2018-2022)

8.4.2 Asia Pacific Property Management System Revenue (USD Million) by Type (2018-2022)

8.4.3 Asia Pacific Property Management System Revenue (USD Million) by Applications (2018-2022)

8.5 South America Property Management System Revenue (USD Million), by Type, and Applications (2018-2022)

8.5.1 South America Property Management System Revenue (USD Million), by Country (2018-2022)

8.5.2 South America Property Management System Revenue (USD Million) by Type (2018-2022)

8.5.3 South America Property Management System Revenue (USD Million) by Applications (2018-2022)

8.6 Middle East and Africa Property Management System Revenue (USD Million), by Type, Technology, Application, Thickness (2018-2022)

8.6.1 Middle East and Africa Property Management System Revenue (USD Million) by Country (2018-2022)

8.6.2 Middle East and Africa Property Management System Revenue (USD Million) by Type (2018-2022)

8.6.3 Middle East and Africa Property Management System Revenue (USD Million) by Applications (2018-2022)

 

9 Company Profiles

 

10 Global Property Management System Market Revenue (USD Million), by Type, and Applications (2023-2030)

10.1 Global Property Management System Revenue (USD Million) and Market Share (%) by Type (2023-2030)

10.1.1 Global Property Management System Revenue (USD Million), and Market Share (%) by Type (2023-2030)

10.2 Global Property Management System Revenue (USD Million) and Market Share (%) by Applications (2023-2030)

10.2.1 Global Property Management System Revenue (USD Million), and Market Share (%) by Applications (2023-2030)

 

11 Global Property Management System Development Regional Status and Outlook Forecast

11.1 Global Property Management System Revenue (USD Million) By Regions (2023-2030)

11.2 North America Property Management System Revenue (USD Million) by Type, and Applications (2023-2030)

11.2.1 North America Property Management System Revenue (USD) Million by Country (2023-2030)

11.2.2 North America Property Management System Revenue (USD Million), by Type (2023-2030)

11.2.3 North America Property Management System Revenue (USD Million), Market Share (%) by Applications (2023-2030)

11.3 Europe Property Management System Revenue (USD Million), by Type, and Applications (2023-2030)

11.3.1 Europe Property Management System Revenue (USD Million), by Country (2023-2030)

11.3.2 Europe Property Management System Revenue (USD Million), by Type (2023-2030)

11.3.3 Europe Property Management System Revenue (USD Million), by Applications (2023-2030)

11.4 Asia Pacific Property Management System Revenue (USD Million) by Type, and Applications (2023-2030)

11.4.1 Asia Pacific Property Management System Revenue (USD Million), by Country (2023-2030)

11.4.2 Asia Pacific Property Management System Revenue (USD Million), by Type (2023-2030)

11.4.3 Asia Pacific Property Management System Revenue (USD Million), by Applications (2023-2030)

11.5 South America Property Management System Revenue (USD Million), by Type, and Applications (2023-2030)

11.5.1 South America Property Management System Revenue (USD Million), by Country (2023-2030)

11.5.2 South America Property Management System Revenue (USD Million), by Type (2023-2030)

11.5.3 South America Property Management System Revenue (USD Million), by Applications (2023-2030)

11.6 Middle East and Africa Property Management System Revenue (USD Million), by Type, and Applications (2023-2030)

11.6.1 Middle East and Africa Property Management System Revenue (USD Million), by region (2023-2030)

11.6.2 Middle East and Africa Property Management System Revenue (USD Million), by Type (2023-2030)

11.6.3 Middle East and Africa Property Management System Revenue (USD Million), by Applications (2023-2030)

 

12 Methodology and Data Sources

12.1 Methodology/Research Approach

12.1.1 Research Programs/Design

12.1.2 Market Size Estimation

12.1.3 Market Breakdown and Data Triangulation

12.2 Data Sources

12.2.1 Secondary Sources

12.2.2 Primary Sources

12.3 Disclaimer

 

List of Tables

Table 1 Market Segmentation Analysis

Table 2 Global Property Management System Market Companies with Areas Served

Table 3 Products Offerings Global Property Management System Market

Table 4 Low Growth Scenario Forecasts

Table 5 Reference Case Growth Scenario

Table 6 High Growth Case Scenario

Table 7 Global Property Management System Revenue (USD Million) And CAGR (%) By Type (2018-2030)

Table 8 Global Property Management System Revenue (USD Million) And CAGR (%) By Applications (2018-2030)

Table 9 Global Property Management System Revenue (USD Million) And CAGR (%) By Regions (2018-2030)

Table 10 Global Property Management System Revenue (USD Million) By Type (2018-2022)

Table 11 Global Property Management System Revenue Market Share (%) By Type (2018-2022)

Table 12 Global Property Management System Revenue (USD Million) By Applications (2018-2022)

Table 13 Global Property Management System Revenue Market Share (%) By Applications (2018-2022)

Table 14 Global Property Management System Market Revenue (USD Million) By Regions (2018-2022)

Table 15 Global Property Management System Market Share (%) By Regions (2018-2022)

Table 16 North America Property Management System Revenue (USD Million) By Country (2018-2022)

Table 17 North America Property Management System Revenue (USD Million) By Type (2018-2022)

Table 18 North America Property Management System Revenue (USD Million) By Applications (2018-2022)

Table 19 Europe Property Management System Revenue (USD Million) By Country (2018-2022)

Table 20 Europe Property Management System Revenue (USD Million) By Type (2018-2022)

Table 21 Europe Property Management System Revenue (USD Million) By Applications (2018-2022)

Table 22 Asia Pacific Property Management System Revenue (USD Million) By Country (2018-2022)

Table 23 Asia Pacific Property Management System Revenue (USD Million) By Type (2018-2022)

Table 24 Asia Pacific Property Management System Revenue (USD Million) By Applications (2018-2022)

Table 25 South America Property Management System Revenue (USD Million) By Country (2018-2022)

Table 26 South America Property Management System Revenue (USD Million) By Type (2018-2022)

Table 27 South America Property Management System Revenue (USD Million) By Applications (2018-2022)

Table 28 Middle East and Africa Property Management System Revenue (USD Million) By Region (2018-2022)

Table 29 Middle East and Africa Property Management System Revenue (USD Million) By Type (2018-2022)

Table 30 Middle East and Africa Property Management System Revenue (USD Million) By Applications (2018-2022)

Table 31 Financial Analysis

Table 32 Global Property Management System Revenue (USD Million) By Type (2023-2030)

Table 33 Global Property Management System Revenue Market Share (%) By Type (2023-2030)

Table 34 Global Property Management System Revenue (USD Million) By Applications (2023-2030)

Table 35 Global Property Management System Revenue Market Share (%) By Applications (2023-2030)

Table 36 Global Property Management System Market Revenue (USD Million), And Revenue (USD Million) By Regions (2023-2030)

Table 37 North America Property Management System Revenue (USD)By Country (2023-2030)

Table 38 North America Property Management System Revenue (USD Million) By Type (2023-2030)

Table 39 North America Property Management System Revenue (USD Million) By Applications (2023-2030)

Table 40 Europe Property Management System Revenue (USD Million) By Country (2023-2030)

Table 41 Europe Property Management System Revenue (USD Million) By Type (2023-2030)

Table 42 Europe Property Management System Revenue (USD Million) By Applications (2023-2030)

Table 43 Asia Pacific Property Management System Revenue (USD Million) By Country (2023-2030)

Table 44 Asia Pacific Property Management System Revenue (USD Million) By Type (2023-2030)

Table 45 Asia Pacific Property Management System Revenue (USD Million) By Applications (2023-2030)

Table 46 South America Property Management System Revenue (USD Million) By Country (2023-2030)

Table 47 South America Property Management System Revenue (USD Million) By Type (2023-2030)

Table 48 South America Property Management System Revenue (USD Million) By Applications (2023-2030)

Table 49 Middle East and Africa Property Management System Revenue (USD Million) By Region (2023-2030)

Table 50 Middle East and Africa Property Management System Revenue (USD Million) By Region (2023-2030)

Table 51 Middle East and Africa Property Management System Revenue (USD Million) By Type (2023-2030)

Table 52 Middle East and Africa Property Management System Revenue (USD Million) By Applications (2023-2030)

Table 53 Research Programs/Design for This Report

Table 54 Key Data Information from Secondary Sources

Table 55 Key Data Information from Primary Sources

 

List of Figures

Figure 1 Market Scope

Figure 2 Porter’s Five Forces

Figure 3 Global Property Management System Revenue (USD Million) By Type (2018-2022)

Figure 4 Global Property Management System Revenue Market Share (%) By Type (2022)

Figure 5 Global Property Management System Revenue (USD Million) By Applications (2018-2022)

Figure 6 Global Property Management System Revenue Market Share (%) By Applications (2022)

Figure 7 Global Property Management System Market Revenue (USD Million) By Regions (2018-2022)

Figure 8 Global Property Management System Market Share (%) By Regions (2022)

Figure 9 North America Property Management System Revenue (USD Million) By Country (2018-2022)

Figure 10 North America Property Management System Revenue (USD Million) By Type (2018-2022)

Figure 11 North America Property Management System Revenue (USD Million) By Applications (2018-2022)

Figure 12 Europe Property Management System Revenue (USD Million) By Country (2018-2022)

Figure 13 Europe Property Management System Revenue (USD Million) By Type (2018-2022)

Figure 14 Europe Property Management System Revenue (USD Million) By Applications (2018-2022)

Figure 15 Asia Pacific Property Management System Revenue (USD Million) By Country (2018-2022)

Figure 16 Asia Pacific Property Management System Revenue (USD Million) By Type (2018-2022)

Figure 17 Asia Pacific Property Management System Revenue (USD Million) By Applications (2018-2022)

Figure 18 South America Property Management System Revenue (USD Million) By Country (2018-2022)

Figure 19 South America Property Management System Revenue (USD Million) By Type (2018-2022)

Figure 20 South America Property Management System Revenue (USD Million) By Applications (2018-2022)

Figure 21 Middle East and Africa Property Management System Revenue (USD Million) By Region (2018-2022)

Figure 22 Middle East and Africa Property Management System Revenue (USD Million) By Type (2018-2022)

Figure 23 Middle East and Africa Property Management System Revenue (USD Million) By Applications (2018-2022)

Figure 24 Global Property Management System Revenue (USD Million) By Type (2023-2030)

Figure 25 Global Property Management System Revenue Market Share (%) By Type (2030)

Figure 26 Global Property Management System Revenue (USD Million) By Applications (2023-2030)

Figure 27 Global Property Management System Revenue Market Share (%) By Applications (2030)

Figure 28 Global Property Management System Market Revenue (USD Million) By Regions (2023-2030)

Figure 29 North America Property Management System Revenue (USD Million) By Country (2023-2030)

Figure 30 North America Property Management System Revenue (USD Million) By Type (2023-2030)

Figure 31 North America Property Management System Revenue (USD Million) By Applications (2023-2030)

Figure 32 Europe Property Management System Revenue (USD Million) By Country (2023-2030)

Figure 33 Europe Property Management System Revenue (USD Million) By Type (2023-2030)

Figure 34 Europe Property Management System Revenue (USD Million) By Applications (2023-2030)

Figure 35 Asia Pacific Property Management System Revenue (USD Million) By Country (2023-2030)

Figure 36 Asia Pacific Property Management System Revenue (USD Million) By Type (2023-2030)

Figure 37 Asia Pacific Property Management System Revenue (USD Million) By Applications (2023-2030)

Figure 38 South America Property Management System Revenue (USD Million) By Country (2023-2030)

Figure 39 South America Property Management System Revenue (USD Million) By Type (2023-2030)

Figure 40 South America Property Management System Revenue (USD Million) By Applications (2023-2030)

Figure 41 Middle East and Africa Property Management System Revenue (USD Million) By Region (2023-2030)

Figure 42 Middle East and Africa Property Management System Revenue (USD Million) By Region (2023-2030)

Figure 43 Middle East and Africa Property Management System Revenue (USD Million) By Type (2023-2030)

Figure 44 Middle East and Africa Property Management System Revenue (USD Million) By Applications (2023-2030)

Figure 45 Bottom-Up and Top-Down Approaches for This Report

Figure 46 Data Triangulation

 

Property Management System (PMS) Market Segmentation

By Deployment

  • Cloud-based
  • On-Premise

By Solution

  • Rental Listings Management
  • Applicant Management
  • Reporting and Analytics
  • Maintenance Activities Management
  • Professional and Managed Services
  • Others

By Application

  • Apartments
  • Retail Spaces
  • Office Spaces
  • Hotels
  • Others

By End-User

  • Housing Associations
  • Agents
  • Property Investors
  • Others

By Region

  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Spain, Italy, Others)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Others)
  • Latin America (Brazil, Argentina, Others)
  • Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

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