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Property Management Market - Global Forecast to 2023 - Increasing Demand for SaaS Model of Property ManagementDUBLIN, Aug. 15, 2018 /PRNewswire/ -- The "Property Management Market by Component (Solutions and Services), Solution (Lease Accounting & Real Estate Management, Asset Maintenance & Reservation Management), Service, Deployment, End-User, Application, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. This global property management market size 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 property management market is gaining traction as property management solutions and associated services empower property managers and allied individuals to manage and maintain property related operations efficiently and cost-effectively. Traditionally, property owners or landlords either hire third-party property managers or manage their property themselves, which requires high time and manpower investment. Nowadays, the easy availability of reliable online as well as standalone property management software has simplified and automated the tasks of property managers and owners. The solutions segment of property management market includes lease accounting and real estate management, asset maintenance management, workspace and relocation management, and reservation management. These solutions are instrumental in offering reliable, cost-efficient, time-saving, and scalable property management features to end-users and enterprises. The overall services segment is expected to play a vital role in the market growth, and is broadly categorized into 3 segments, namely, deployment and integration; consulting, support and maintenance; and SLA management. The availability of simple and comprehensive property management software solutions in the market encourage property managers to adopt them. The housing associations segment is expected to witness steady growth, as apartments and townships are facing challenges, such as tracking tenants, receiving payments, and leasing agreements. The property management market by application covers commercial (construction and real estate, government, retail, hospitality, and others) and residential. Key Topics Covered: 1 Introduction 4.1 Attractive Market Opportunities in the Property Management Market 5.1 Introduction 6.1 Introduction 7.1 Introduction 8.1 Introduction 9.1 Introduction 10.1 Introduction 11.1 Introduction 12.1 Introduction 13.1 Introduction 14.1 Overview 15.1 IBM For more information about this report visit https://www.researchandmarkets.com/research/ppx3m4/property?w=5 Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/property-management-market---global-forecast-to-2023---increasing-demand-for-saas-model-of-property-management-300697571.html SOURCE Research and Markets |