The global property management services market is expected to reach US$ 15 billion in 2023. The market is predicted to expand at a CAGR of 7.3% and reach a valuation of US$ 30.4 billion by the end of 2033.
Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Property Management Services market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Property Management Services market.
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Key findings of the Property Management Services market study:
- Regional breakdown of the Property Management Services market based on predefined taxonomy.
- Innovative manufacturing processes implemented by Property Management Services vendors in detail.
- Region-wise and country-wise fragmentation of the Property Management Services market to grasp the revenue, and growth outlook in these areas.
- Changing preferences among consumers across various regions and countries.
- Factors (Positive and Negative) impacting the growth of the global Property Management Services market.
Key Companies Profiled
- Apartment Management Consultants
- Avison Young
- BH Management Services
- Buildium
- CBRE Group Inc.
- Colliers International
- Cushman & Wakefield
- Duke Realty Corp.
- Greystar
- Hines
- Lincoln Property Company
- Stream Realty Partners
- The RMR Group
Competitive Landscape
The global property management service market is competitive owing to the presence of multiple large and regional organizations. The industry has witnessed some notable mergers and acquisitions in the recent past. The adoption of technology and the entry of new companies are giving tough times to well-established market players.
- In august 2022, Avison Young agreed to acquire the property management businesses of Madison Marquette. This acquisition includes 20 million square feet and 235 team members.
- In January 2022, Greystar Real Estate Partners, LLC, a global leader in investment, development, and management of real estate property, completed the acquisition of 5 properties worth US$ 400 million.
Fact.MR has provided detailed information about the providers of property management services positioned across regions, revenue growth, and service offering expansion, in the recently published report.
Segmentation of Property Management Services Industry Research
- By Service :
- Rent Collection
- Mortgage & Utility Payment
- Leasing
- Legal & Accounting Services
- Repair & Maintenance
- Others (Not Covered Elsewhere)
- By Property Type :
- Residential
- Commercial
- Industrial
- Special Purpose Properties (Schools, Colleges, Hospitals, Hotels, Others)
- By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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Queries addressed in the Property Management Services market report:
- Why are the Property Management Services market players targeting region for increased product sales?
- What patented technologies are the players utilizing in the global Property Management Services market?
- Which regions are displaying the fastest growth in the Property Management Services market?
- What are the underlying micro- macroeconomic factors affecting the global Property Management Services market?
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