GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Lease Management Market Predicted to grow USD 5.9 billion by 2025, Trends and Forecast Report by MarketsandMarkets™

admin by admin
June 17, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, June 17, 2022 ) According to a research report “Lease Management Market by Component (Solutions and Services), End User (Housing, Corporate, and Property Managers), Deployment Mode, Organization Size, Vertical (Real Estate, Retail and Ecommerce, and BFSI), and Region – Global Forecast to 2025″ published by MarketsandMarkets, the Lease management market size is projected to grow from USD 4.4 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 5.9% during the forecast period. The demand for lease management is driven by the Increasing demand for SaaS model for effective management of lease, Increasing demand for smart building projects to efficiently manage lease, and Emerging technologies, such as IoT, AI, and mobility, for real-time data analysis.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210283139
Driver: Increasing demand for SaaS model for effective management of lease
The advent of cloud technology is one of the major breakthroughs in the software industry. This technology affects the way software applications are run and delivered to clients. The shifting to the cloud has enabled software developers to focus more on the technology aspect of the lease management software while outsourcing the lease management aspect to cloud service providers. The SaaS software enables the user to pay per use and cancel services whenever they want. The software enables the big multifamily real estate organizations to easily integrate different kinds of software across the portfolio.
The SaaS model is instrumental in supporting multi-vendor software compatibility with legacy systems. SaaS platforms are allowing real estate managers to integrate their lease management software with advanced payment solutions for easy and seamless transactions. These platforms enable efficient energy utilization, easy process integration, and lease administration management. Owing to the aforementioned benefits, a large number of organizations are increasingly using the cloud platform for their daily needs. The deployment of SaaS-based solutions has helped several organizations meet the complex lease management challenges. Hence, the increasing adoption of cloud-based platforms is driving the growth of the lease management market globally.
Opportunity : Emerging technologies, such as IoT, AI, and mobility, for real-time data analysis
Currently, the market is gaining momentum around technologies, such as Internet of Things (IoT), advanced analytics, cutting-edge new sensors, mobility, SaaS, and new development environments, enabling more demand for enterprise integration than ever before, which, in turn, is impacting the deployment of the lease management software across real estate firms. Lease management software providers offer integrated solutions so that users can connect over social media, impacting project collaboration and space utilization. The lease management software is able to support device data from sensors, meters, and smartphones, thereby driving operations, decisions, and facilities automation. Unlike traditional analytic tools, the lease management software is already integrated with the Real Estate Financial Modeling (REFM) business process as well as is pre-configured for business use. This solution is able to offer real-time analytics, predictive analytics, and newly emerging cognitive analytics and presence analytics.
Emerging technologies, such as IoT, are considered to be one of the biggest opportunities, as they can act as a game-changer technology for real estate managers. The adoption of IoT will significantly simplify operations, as lease data can be automatically collected through sensors, which can later be analyzed for maintenance operations at the maximum efficiency. The use of IoT will significantly lessen the pressure on lease management tools and help in getting accurate results in minimum time. IoT is still in the nascent stage but holds immense growth potential in the future. Hence, as the market of IoT evolves, it will definitely impact the market of the lease management software across the globe.
Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=210283139
North America to hold the largest market size during the forecast period
The North American lease management market is already mature for lease management systems, and a significant number of new installations of lease management and upgrade of the existing lease management solutions. Currently, the United States (US) holds the highest share in the lease management market as it is home to large telecom giants, well-established suppliers, as well as end-user industries that continuously adapt to newer technologies for improved business productivity and work efficiency.
Market Players
Market players profiled in this report include Accruent (US), IBM (US), Oracle (US), RealPage (US), SAP (Germany), Trimble (US), AppFolio (US), Odessa (US), CoStar Group (US), Nakisa (Canada), LeaseAccelerator (US), LeaseQuery (Singapore), Spacebase (US), RAAMP (US). These players offer various lease management solutions and services to cater to the demands and needs of the market. Major growth strategies are adopted by the players including acquisitions, partnerships, collaborations and agreements, and new product launches/product enhancements.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441



Source link

Previous Post

UAE Twitter poll reveals 56 per cent of people plan to travel this summer

Next Post

Synthetic Lubricants Market Global Industry Growth, Size, Trends, Insights and 2023 Forecast

RelatedPosts

Infusion Pump Market: Growing adoption of specialty infusion systems
Press Releases

Infusion Pump Market: Growing adoption of specialty infusion systems

 (EMAILWIRE.COM, March 20, 2023 ) The adoption of several specialty infusion pumps is on the rise globally. Patient-controlled...

by admin
March 20, 2023
Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period
Press Releases

Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

 (EMAILWIRE.COM, March 20, 2023 ) Pune 6 Mar 2023: As per the Maximize Market research, a global business...

by admin
March 20, 2023
Press Releases

Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

(EMAILWIRE.COM, March 20, 2023 ) The Electric Aircraft Market report provides an analysis of the market from 2022...

by admin
March 20, 2023
Award Ceremony Celebrates Best in LGBTQ Culture and Media!
Press Releases

Award Ceremony Celebrates Best in LGBTQ Culture and Media!

   (EMAILWIRE.COM, March 20, 2023 ) LOS ANGELES - The top LGBTQ performers, celebrities and influentials turned out for...

by admin
March 20, 2023
Load More

POPULAR POSTS

  • Exoskeleton Market worth $3.7 billion by 2028 at a CAGR of 38.6%

    0 shares
    Share 0 Tweet 0
  • UHT Processing Market Statistics, Growth, Trends & Forecasts

    0 shares
    Share 0 Tweet 0
  • Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • The Dhahab Sports Web 3.0 is going to be the biggest sports digital asset launching for 2023
  • Man United sale: Jim Ratcliffe says he's submitted 2nd bid – Yahoo Finance
  • Half off premium economy flights to the Maldives – The Points Guy
  • RAKTDA and FTI Group strike landmark agreement – Travel Daily

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC