The North America Property Management Software Market would witness market growth of 4.6% CAGR during the forecast period (2021-2027).
Property Management Software makes the work easy for property managers as it automates operational, financial, and back-office activities. The mature real estate market and strong infrastructure of the developed nations of this region are creating lucrative growth opportunities for property management software providers to expand their business in this region. The application of the property management software offers tools for rental housing, apartments, commercial property, storage facilities & property owner associations, tracking tenant information, leasing agreements.
The swift development in infrastructure and technology is encouraging emerging nations to implement property management in several business processes. Increasing public & private investments and infrastructure development around these nations are estimated to offer lucrative growth opportunities to property management software manufacturers in the forthcoming years.
Cloud-based property management software focuses on the installation of actuators and sensors in the infrastructure facilities of luxury hotels, which simultaneously increases the hotel room revenue with consequent future concerns. As the property management business grows with new services, the cloud helps in handling the bandwidth, extra storage, and computing demands. It also makes sure that the system takes care of updates to operating systems and other software so that it will not waste the time.
The regional PMS market is flourishing due to the presence of major players like Yardi Systems Incorporation, Entrata Incorporation, MRI Software LLC, and AppFolio Incorporation. The United States is dominating this region with significant growth. Also, the factors like decrease in the additional cost in administrational expenses, high preference of the software-as-a-service (SaaS) for PMS, and focus on flexibility in property management are propelling the regional market growth.
The US market dominated the North America Property Management Software Commercial Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $604.7 million by 2027. The Canada market is experiencing a CAGR of 9% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 8.1% during (2021 - 2027).
Based on Application, the market is segmented into Residential and Commercial. The commercial Segment is further bifurcated across Retail Spaces, Office Spaces, Hotels and Others. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into Property Managers/ Agents, Housing Associations, Property Investors and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Property Management Software Market is Estimated to Reach USD 4.1 Billion by 2027 at a CAGR of 5.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SAP SE, Oracle Corporation, IBM Corporation, InnQuest Software, IQware, Inc., MRI Software LLC, RealPage, Inc., Yardi Systems, Inc., Jones Lang LaSalle IP, Inc., and HiRum Software solutions
Scope of the Study
Market Segments Covered in the Report:
By Application
- Residential
- Commercial
- Retail Spaces
- Office Spaces
- Hotels
- Others
By Deployment Type
By End User
- Property Managers/ Agents
- Housing Associations
- Property Investors
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- SAP SE
- Oracle Corporation
- IBM Corporation
- InnQuest Software
- IQware, Inc.
- MRI Software LLC
- RealPage, Inc.
- Yardi Systems, Inc.
- Jones Lang LaSalle IP, Inc.
- HiRum Software solutions
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Property Management Software Market, by Application
1.4.2 North America Property Management Software Market, by Deployment Type
1.4.3 North America Property Management Software Market, by End User
1.4.4 North America Property Management Software Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, May – 2021, Jun) Leading Players
Chapter 4. North America Property Management Software Market by Application
4.1 North America Property Management Software Residential Market by Country
4.2 North America Property Management Software Commercial Market by Country
4.3 North America Property Management Software Market by Commercial Type
4.3.1 North America Property Management Software Retail Spaces Market by Country
4.3.2 North America Property Management Software Office Spaces Market by Country
4.3.3 North America Property Management Software Hotels Market by Country
4.3.4 North America Other Commercial Type Property Management Software Market by Country
Chapter 5. North America Property Management Software Market by Deployment Type
5.1 North America Cloud Property Management Software Market by Country
5.2 North America On-premise Property Management Software Market by Country
Chapter 6. North America Property Management Software Market by End User
6.1 North America Property Managers/ Agents Property Management Software Market by Country
6.2 North America Housing Associations Property Management Software Market by Country
6.3 North America Property Investors Property Management Software Market by Country
6.4 North America Others Property Management Software Market by Country
Chapter 7. North America Property Management Software Market by Country
7.1 US Property Management Software Market
7.1.1 US Property Management Software Market by Application
7.1.1.1 US Property Management Software Market by Commercial Type
7.1.2 US Property Management Software Market by Deployment Type
7.1.3 US Property Management Software Market by End User
7.2 Canada Property Management Software Market
7.2.1 Canada Property Management Software Market by Application
7.2.1.1 Canada Property Management Software Market by Commercial Type
7.2.2 Canada Property Management Software Market by Deployment Type
7.2.3 Canada Property Management Software Market by End User
7.3 Mexico Property Management Software Market
7.3.1 Mexico Property Management Software Market by Application
7.3.1.1 Mexico Property Management Software Market by Commercial Type
7.3.2 Mexico Property Management Software Market by Deployment Type
7.3.3 Mexico Property Management Software Market by End User
7.4 Rest of North America Property Management Software Market
7.4.1 Rest of North America Property Management Software Market by Application
7.4.1.1 Rest of North America Property Management Software Market by Commercial Type
7.4.2 Rest of North America Property Management Software Market by Deployment Type
7.4.3 Rest of North America Property Management Software Market by End User
Chapter 8. Company Profiles
8.1 SAP SE
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.1 Recent strategies and developments:
8.1.1.1 Partnerships, Collaborations, and Agreements:
8.1.2 SWOT Analysis
8.2 Oracle Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 IBM Corporation
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.4 InnQuest Software
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Partnerships, Collaborations, and Agreements:
8.4.2.2 Product Launches and Product Expansions:
8.5 IQware, Inc.
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.6 MRI Software LLC
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.6.2.2 Acquisition and Mergers:
8.7 RealPage, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Partnerships, Collaborations, and Agreements:
8.7.2.2 Product Launches and Product Expansions:
8.7.2.3 Acquisition and Mergers:
8.8 Yardi Systems, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.8.2.3 Acquisition and Mergers:
8.9 Jones Lang LaSalle IP, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Partnerships, Collaborations, and Agreements:
8.9.4.2 Product Launches and Product Expansions:
8.9.4.3 Geographical Expansions:
8.10. HiRUM Software Solutions
8.10.1 Company Overview
TABLE 1 North America Property Management Software Market, 2017 - 2020, USD Million
TABLE 2 North America Property Management Software Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Property Management Software Market
TABLE 4 Product Launches And Product Expansions– Property Management Software Market
TABLE 5 Geographical Expansions– Property Management Software Market
TABLE 6 Acquisition and Mergers– Property Management Software Market
TABLE 7 North America Property Management Software Market by Application, 2017 - 2020, USD Million
TABLE 8 North America Property Management Software Market by Application, 2021 - 2027, USD Million
TABLE 9 North America Property Management Software Residential Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Property Management Software Residential Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Property Management Software Commercial Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Property Management Software Commercial Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Property Management Software Market by Commercial Type, 2017 - 2020, USD Million
TABLE 14 North America Property Management Software Market by Commercial Type, 2021 - 2027, USD Million
TABLE 15 North America Property Management Software Retail Spaces Market by Country, 2017 - 2020, USD Million
TABLE 16 North America Property Management Software Retail Spaces Market by Country, 2021 - 2027, USD Million
TABLE 17 North America Property Management Software Office Spaces Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Property Management Software Office Spaces Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Property Management Software Hotels Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Property Management Software Hotels Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Other Commercial Type Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Other Commercial Type Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 23 North America Property Management Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 24 North America Property Management Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 25 North America Cloud Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 26 North America Cloud Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 27 North America On-premise Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 28 North America On-premise Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 29 North America Property Management Software Market by End User, 2017 - 2020, USD Million
TABLE 30 North America Property Management Software Market by End User, 2021 - 2027, USD Million
TABLE 31 North America Property Managers/ Agents Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 32 North America Property Managers/ Agents Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 33 North America Housing Associations Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 34 North America Housing Associations Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 35 North America Property Investors Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 36 North America Property Investors Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 37 North America Others Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 38 North America Others Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 39 North America Property Management Software Market by Country, 2017 - 2020, USD Million
TABLE 40 North America Property Management Software Market by Country, 2021 - 2027, USD Million
TABLE 41 US Property Management Software Market, 2017 - 2020, USD Million
TABLE 42 US Property Management Software Market, 2021 - 2027, USD Million
TABLE 43 US Property Management Software Market by Application, 2017 - 2020, USD Million
TABLE 44 US Property Management Software Market by Application, 2021 - 2027, USD Million
TABLE 45 US Property Management Software Market by Commercial Type, 2017 - 2020, USD Million
TABLE 46 US Property Management Software Market by Commercial Type, 2021 - 2027, USD Million
TABLE 47 US Property Management Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 48 US Property Management Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 49 US Property Management Software Market by End User, 2017 - 2020, USD Million
TABLE 50 US Property Management Software Market by End User, 2021 - 2027, USD Million
TABLE 51 Canada Property Management Software Market, 2017 - 2020, USD Million
TABLE 52 Canada Property Management Software Market, 2021 - 2027, USD Million
TABLE 53 Canada Property Management Software Market by Application, 2017 - 2020, USD Million
TABLE 54 Canada Property Management Software Market by Application, 2021 - 2027, USD Million
TABLE 55 Canada Property Management Software Market by Commercial Type, 2017 - 2020, USD Million
TABLE 56 Canada Property Management Software Market by Commercial Type, 2021 - 2027, USD Million
TABLE 57 Canada Property Management Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 58 Canada Property Management Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 59 Canada Property Management Software Market by End User, 2017 - 2020, USD Million
TABLE 60 Canada Property Management Software Market by End User, 2021 - 2027, USD Million
TABLE 61 Mexico Property Management Software Market, 2017 - 2020, USD Million
TABLE 62 Mexico Property Management Software Market, 2021 - 2027, USD Million
TABLE 63 Mexico Property Management Software Market by Application, 2017 - 2020, USD Million
TABLE 64 Mexico Property Management Software Market by Application, 2021 - 2027, USD Million
TABLE 65 Mexico Property Management Software Market by Commercial Type, 2017 - 2020, USD Million
TABLE 66 Mexico Property Management Software Market by Commercial Type, 2021 - 2027, USD Million
TABLE 67 Mexico Property Management Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 68 Mexico Property Management Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 69 Mexico Property Management Software Market by End User, 2017 - 2020, USD Million
TABLE 70 Mexico Property Management Software Market by End User, 2021 - 2027, USD Million
TABLE 71 Rest of North America Property Management Software Market, 2017 - 2020, USD Million
TABLE 72 Rest of North America Property Management Software Market, 2021 - 2027, USD Million
TABLE 73 Rest of North America Property Management Software Market by Application, 2017 - 2020, USD Million
TABLE 74 Rest of North America Property Management Software Market by Application, 2021 - 2027, USD Million
TABLE 75 Rest of North America Property Management Software Market by Commercial Type, 2017 - 2020, USD Million
TABLE 76 Rest of North America Property Management Software Market by Commercial Type, 2021 - 2027, USD Million
TABLE 77 Rest of North America Property Management Software Market by Deployment Type, 2017 - 2020, USD Million
TABLE 78 Rest of North America Property Management Software Market by Deployment Type, 2021 - 2027, USD Million
TABLE 79 Rest of North America Property Management Software Market by End User, 2017 - 2020, USD Million
TABLE 80 Rest of North America Property Management Software Market by End User, 2021 - 2027, USD Million
TABLE 81 Key Information – SAP SE
TABLE 82 Key Information – Oracle Corporation
TABLE 83 Key information – IBM Corporation
TABLE 84 Key Information – InnQuest Software
TABLE 85 Key Information – IQware, Inc.
TABLE 86 Key Information – MRI Software LLC
TABLE 87 Key Information – RealPage, Inc.
TABLE 88 Key Information – Yardi Systems, inc.
TABLE 89 Key Information – Jones Lang LaSalle IP, Inc.
TABLE 90 Key Information – HiRum Software solutions
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, May – 2021, Jun) Leading Players
FIG 5 SWOT Analysis: SAP SE
FIG 6 Recent strategies and developments: Oracle Corporation
FIG 7 SWOT analysis: Oracle Corporation
FIG 8 Recent strategies and developments: IBM Corporation
FIG 9 Swot analysis: IBM Corporation
FIG 10 Recent strategies and developments: InnQuest Software
FIG 11 Recent strategies and developments: MRI Software LLC
FIG 12 Recent strategies and developments: RealPage, Inc.
FIG 13 Recent strategies and developments: Yardi Systems, Inc.
FIG 14 Recent strategies and developments: Jones Lang LaSalle IP, Inc.