Apartment Management System Market Scope
Apartment Software System is also known as AMS It is a web-based application and best software to handle multiple apartments to keep eye on the real estate from one centralized place. It is one of the powerful property management tools for property holders with several features. The software is highly demanded as the safety and security concerns are on stake. Various Housing Associations Property Managers, Agents, Corporate Occupiers, Property Investors are taking advantage of this application for safety concerns as well to keep the property updated.
The Growing Residential area and real estate business thriving factor for such software is making the task easier for the property holder. The market trends increase demand for such software. The top leading firms are also taking advantage of artificial intelligence like technologies to advance their service system. The mergers and acquisition factor playing an important role in the strategical enhancement in the market.
AppFolio (United States), Buildium (United States), SimplifyEm (United States), PayProp (United Kingdom), iRent (Netherlands), Yardi (United States), Rentec Direct (United States), PropertyZar (United States), Rentroom (United States), Rent Manager (United States), RealPage(United States) and Hemlane (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Apartment Management System market by Type (On-Premise and Cloud-Based), by Application (Housing Associations, Property Managers/ Agents, Corporate Occupiers and Property Investors) and Region with country level break-up.
On the basis of geography, the market of Apartment Management System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing Use As It Facilitates Simple Backup And Recovery. and Growing Advancement In The Technology
Market Growth Drivers:
Growing Real Estate Holders In The Market and Growing Safety Concern For Residential And Commercial Areas
Challenges:
Expensive For A Small Business
Restraints:
Time-Consuming Procedure and Requirement Of Training (Cost And Time)
Opportunities:
Highly Appreciated As Provides Greater Accessibility and Make Tasks And Collaboration Easier
Market Leaders and their Expansionary Development Strategies
On 8th January 2019, AppFolio announced that it has acquired Advanced Artificial Intelligence Technology Provider for the real estate market to help in enhancing their business.
On 27th June 2019, AppFolio launched two new value services for its customers it's AI Leasing assistant and Utility Management Offerings.
Key Target Audience
Real estate providers, Real estate owners, Venture Capitalists, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.