Property Management Software Market Scope, Trends, Future Demand 2027
Global Property Management Software Market: Overview
According to a new market report pertaining to the global property management software market published by Transparency Market Research the global property management software market is projected to reach a value of ~US$ 1.1 Bn by the end of 2019, and further increase to ~US$ 2 Bn by 2027, expanding at a CAGR of ~7% from 2019 to 2027. Expansion of the property management software market can be attributed to increasing investments in real estate and rise in the demand for transparency in property management.
North America is anticipated to lead the global property management software market, followed by Europe, during the forecast period.
Increasing Investments in Real Estate Driving Property Management Software Market
Investments in real-estate, worldwide, both, commercial and residential, have increased at a significant rate. Investments in commercial real estate hovered at the second-highest level in 2017.
Expansion of the commercial real estate sector across the globe is a major factor driving investments in commercial real estate. The…
