Leasing Automation Software Market Scope
Lease automation software helps commercial real estate professionals prepare, analyze, and distribute leases and relevant documentation. Lease automation software provides a centralized database that stores deal information and built-in financial analysis tools. These enable users to manage lease payments, prepare abstracts and stacking plans and analyze lease-level financial information. Lease automation software is commonly used by leasing agents and tenant representatives at commercial real estate companies. These systems streamline deal workflows and facilitate pipeline management
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Leasing Automation Software market throughout the predicted period.
Re-Leased (United Kingdom), Lisa (Switzerland), LeasePilot (United States), Soft4Leasing (Lithuania), DealSumm (United States), IntellaLease (United States) and LeasePilot (United States) are some of the key players that are part of study coverage.
Segmentation Overview
The study have segmented the market of Global Leasing Automation Software market by Type (Cloud Based and Web Base), by Application (Large Enterprises and SMEs) and Region with country level break-up.
On the basis of geography, the market of Leasing Automation Software 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:
The Introduction of Reminders and Alarms for Proper lease Management for Proper and Timely Payments
Market Growth Drivers:
Need for Managing a Large Number of Leasing Data and The Increasing Leasing Activities in Various Industries
Challenges:
Stringent Regulatory Standards on Lease Administration
Restraints:
Data Safety Related Risks Involved with Leasing Automation Software
Opportunities:
Surging Demand for Leasing Automation Software form Real Estate Industry
Market Leaders and their Expansionary Development Strategies
In Jun 2020, LeaseAccelerator Announced a partnership with NTrust, the global industry leader in developing technology-enabled services for the Corporate Real Estate (CRE) industry. This partnership supports the delivery of Global Lease Services (GLS), an outsourced data solution that provides streamlined portfolio, fleet, and equipment lease management for global organizations.
In Nov 2020, LeaseAccelerator announced several enhancements to its LLA platform that simplify and accelerate audit readiness. This upgrade provides corporate controllers with a more holistic view of their portfolio and greater insights about specific transactions, removing cost, risk, and time from closes and audits.
Key Target Audience
Leasing Automation Software Provider, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations, End-Use Industry, Potential Investors, Regulatory Bodies and Others
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.