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Lease Management Market By Component, By Deployment Mode, By Enterprise Size, By End-use Industry: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 302 Pages
  • October 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725091

The global lease management market is envisioned to garner $4,635.1 million by 2021, growing from $8,990.6 million in 2031 at a CAGR of 6.9% from 2022 to 2031.

The global lease management market is expected to grow rapidly during the forecast period. This is due to the increase in penetration of Software as a Service (SaaS) models for proficient lease management, which acts as a significant catalyst in market growth. Because of the introduction of cloud-based technology, developers are focusing on developing lease management software. The lease accounting and management software market is changing drastically due to the introduction of cloud, SaaS, and web-based platforms. The SaaS model allows customers to pay per unit usage and cancel service at any time. Online accounting and leasing management tools are being developed by businesses specifically for use by professional residential and mixed-use property managers. Innovative solutions are being developed to give free live chat help and smoothly manage multi-family homes.

However, lack of knowledge, frequent software upkeep, pricey updates, and increased investment prices. Furthermore, the majority of businesses still manage lease property details using an outdated method. These elements are projected to limit the market growth for lease management during the anticipated time frame.

Making informed decisions concerning leasing and ensuring compliance are becoming more and more important. The intelligent lease administration software solution from Accruent, a global leader in resource management, enables businesses to handle challenging scenarios involving the leasing of equipment and real estate. To create platforms that are mission-critical in lease administration, helping to mitigate risk, and providing transparency into the entire lease portfolio for better decision-making, companies in the lease accounting and management software market are taking cues from such software providers. During the forecast period, the market for lease management is predicted to be driven by these factors.

The COVID-19 pandemic outbreak had an impact on the global market in a number of ways, as it causes customers to prefer cloud-based solutions over those that require on-premise deployment. Several businesses are thinking about switching to a virtual office due to the lockdown and numerous government duties. This could accelerate the adoption of technologies such as lease management systems to help businesses manage their leases during an epidemic. Solutions for leasing management are being used by businesses more and more to manage resources effectively, and this trend is projected to continue even after a pandemic.

The key players profiled in this report include Lease Accelerator, Inc., CoStar Group, FORTUNE Media IP Limited, Trimble Inc., Nakisa, RealPage, Inc., Oracle Corporation., IBM, Innolux Corporation, and SAP.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the lease management market analysis from 2021 to 2031 to identify the prevailing lease management market opportunities.
  • Market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the lease management market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes an analysis of the regional as well as global lease management market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Component

  • Solutions
  • Services

By Deployment Mode

  • Cloud
  • On-Premise

By Enterprise Size

  • Small Medium
  • Large

By End-use Industry

  • Retail
  • Education
  • Government
  • Manufacturing
  • Others

By Region

  • North America
  • U. S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of LAMEA

Key Market Players

  • RealPage, Inc.
  • Trimble
  • Appfolio
  • CoStar Realty Information, Inc.
  • ibm corporation
  • Oracle Corporation
  • SAP
  • LeaseAccelerator, Inc.
  • RAAMP, LLC.
  • Yardi Systems, Inc.

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Regulatory Guidelines
3.8. Value Chain Analysis
3.9. Market Share Analysis
3.10. Key Regulation Analysis
3.11. Patent Landscape

CHAPTER 4: LEASE MANAGEMENT MARKET, BY COMPONENT
4.1 Overview
4.1.1 Market size and forecast
4.2 Solutions
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Services
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: LEASE MANAGEMENT MARKET, BY DEPLOYMENT MODE
5.1 Overview
5.1.1 Market size and forecast
5.2 Cloud
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 On-Premise
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: LEASE MANAGEMENT MARKET, BY ENTERPRISE SIZE
6.1 Overview
6.1.1 Market size and forecast
6.2 Small & Medium
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Large
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: LEASE MANAGEMENT MARKET, BY END-USE INDUSTRY
7.1 Overview
7.1.1 Market size and forecast
7.2 Retail
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Education
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Government
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Manufacturing
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Others
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country

CHAPTER 8: LEASE MANAGEMENT MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Component
8.2.3 North America Market size and forecast, by Deployment Mode
8.2.4 North America Market size and forecast, by Enterprise Size
8.2.5 North America Market size and forecast, by End-use Industry
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Component
8.2.6.1.2 Market size and forecast, by Deployment Mode
8.2.6.1.3 Market size and forecast, by Enterprise Size
8.2.6.1.4 Market size and forecast, by End-use Industry
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Component
8.2.6.2.2 Market size and forecast, by Deployment Mode
8.2.6.2.3 Market size and forecast, by Enterprise Size
8.2.6.2.4 Market size and forecast, by End-use Industry
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Component
8.2.6.3.2 Market size and forecast, by Deployment Mode
8.2.6.3.3 Market size and forecast, by Enterprise Size
8.2.6.3.4 Market size and forecast, by End-use Industry
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Component
8.3.3 Europe Market size and forecast, by Deployment Mode
8.3.4 Europe Market size and forecast, by Enterprise Size
8.3.5 Europe Market size and forecast, by End-use Industry
8.3.6 Europe Market size and forecast, by country
8.3.6.1 Germany
8.3.6.1.1 Market size and forecast, by Component
8.3.6.1.2 Market size and forecast, by Deployment Mode
8.3.6.1.3 Market size and forecast, by Enterprise Size
8.3.6.1.4 Market size and forecast, by End-use Industry
8.3.6.2 United Kingdom
8.3.6.2.1 Market size and forecast, by Component
8.3.6.2.2 Market size and forecast, by Deployment Mode
8.3.6.2.3 Market size and forecast, by Enterprise Size
8.3.6.2.4 Market size and forecast, by End-use Industry
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Component
8.3.6.3.2 Market size and forecast, by Deployment Mode
8.3.6.3.3 Market size and forecast, by Enterprise Size
8.3.6.3.4 Market size and forecast, by End-use Industry
8.3.6.4 Spain
8.3.6.4.1 Market size and forecast, by Component
8.3.6.4.2 Market size and forecast, by Deployment Mode
8.3.6.4.3 Market size and forecast, by Enterprise Size
8.3.6.4.4 Market size and forecast, by End-use Industry
8.3.6.5 Italy
8.3.6.5.1 Market size and forecast, by Component
8.3.6.5.2 Market size and forecast, by Deployment Mode
8.3.6.5.3 Market size and forecast, by Enterprise Size
8.3.6.5.4 Market size and forecast, by End-use Industry
8.3.6.6 Rest of Europe
8.3.6.6.1 Market size and forecast, by Component
8.3.6.6.2 Market size and forecast, by Deployment Mode
8.3.6.6.3 Market size and forecast, by Enterprise Size
8.3.6.6.4 Market size and forecast, by End-use Industry
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Component
8.4.3 Asia-Pacific Market size and forecast, by Deployment Mode
8.4.4 Asia-Pacific Market size and forecast, by Enterprise Size
8.4.5 Asia-Pacific Market size and forecast, by End-use Industry
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Component
8.4.6.1.2 Market size and forecast, by Deployment Mode
8.4.6.1.3 Market size and forecast, by Enterprise Size
8.4.6.1.4 Market size and forecast, by End-use Industry
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Component
8.4.6.2.2 Market size and forecast, by Deployment Mode
8.4.6.2.3 Market size and forecast, by Enterprise Size
8.4.6.2.4 Market size and forecast, by End-use Industry
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Component
8.4.6.3.2 Market size and forecast, by Deployment Mode
8.4.6.3.3 Market size and forecast, by Enterprise Size
8.4.6.3.4 Market size and forecast, by End-use Industry
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Component
8.4.6.4.2 Market size and forecast, by Deployment Mode
8.4.6.4.3 Market size and forecast, by Enterprise Size
8.4.6.4.4 Market size and forecast, by End-use Industry
8.4.6.5 Australia
8.4.6.5.1 Market size and forecast, by Component
8.4.6.5.2 Market size and forecast, by Deployment Mode
8.4.6.5.3 Market size and forecast, by Enterprise Size
8.4.6.5.4 Market size and forecast, by End-use Industry
8.4.6.6 Rest Of Asia Pacific
8.4.6.6.1 Market size and forecast, by Component
8.4.6.6.2 Market size and forecast, by Deployment Mode
8.4.6.6.3 Market size and forecast, by Enterprise Size
8.4.6.6.4 Market size and forecast, by End-use Industry
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Component
8.5.3 LAMEA Market size and forecast, by Deployment Mode
8.5.4 LAMEA Market size and forecast, by Enterprise Size
8.5.5 LAMEA Market size and forecast, by End-use Industry
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Component
8.5.6.1.2 Market size and forecast, by Deployment Mode
8.5.6.1.3 Market size and forecast, by Enterprise Size
8.5.6.1.4 Market size and forecast, by End-use Industry
8.5.6.2 Saudi Arabia
8.5.6.2.1 Market size and forecast, by Component
8.5.6.2.2 Market size and forecast, by Deployment Mode
8.5.6.2.3 Market size and forecast, by Enterprise Size
8.5.6.2.4 Market size and forecast, by End-use Industry
8.5.6.3 UAE
8.5.6.3.1 Market size and forecast, by Component
8.5.6.3.2 Market size and forecast, by Deployment Mode
8.5.6.3.3 Market size and forecast, by Enterprise Size
8.5.6.3.4 Market size and forecast, by End-use Industry
8.5.6.4 South Africa
8.5.6.4.1 Market size and forecast, by Component
8.5.6.4.2 Market size and forecast, by Deployment Mode
8.5.6.4.3 Market size and forecast, by Enterprise Size
8.5.6.4.4 Market size and forecast, by End-use Industry
8.5.6.5 Rest of LAMEA
8.5.6.5.1 Market size and forecast, by Component
8.5.6.5.2 Market size and forecast, by Deployment Mode
8.5.6.5.3 Market size and forecast, by Enterprise Size
8.5.6.5.4 Market size and forecast, by End-use Industry

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 RealPage, Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Trimble
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Appfolio
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 CoStar Realty Information, Inc.
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 ibm corporation
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Oracle Corporation
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 SAP
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 LeaseAccelerator, Inc.
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 RAAMP, LLC.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Yardi Systems, Inc.
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments

Executive Summary

According to this report, titled, 'Lease Management Market,' the lease management market was valued at $4.6 billion in 2021, and is estimated to reach $9 billion by 2031, growing at a CAGR of 6.9% from 2022 to 2031. Lease management is the execution and management of an organization's lease portfolio and day-to-day tasks. It includes administrative tasks and processes such as document management, reporting, and stakeholder coordination. Lease audits, lease review & abstracting, common area maintenance (CAM) charges, accounting & processing, repairs & maintenance, lease renewal options, occupancy price analysis, information management & reporting, document storage & keeping, and operating cost review are part of the job responsibilities for lease management & real estate specialists. These factors are estimated to boost the lease management market size in the upcoming years.

Emerging technologies such as the Internet of Things (IoT) have the potential to revolutionize real estate management and is considered one of the biggest prospects. Due to its popularity in recent years, the global lease management industry is expected to experience considerable market growth during the forecast period. This is because the IoT sensors can automatically collect lease data and assess it for the most effective maintenance tasks, the adoption of IoT will substantially simplify operations across various sectors such as manufacturing and retail. The use of IoT will significantly reduce the workload on leasing management systems and enable more accurate results in less time. Although the Internet of Things is still in its infancy, it has a very bright future. As a result, as the IoT sector grows, it will surely have an impact on the global lease management market forecast.

However, a lack of awareness about interoperability in developing countries may stifle the growth of the lease management market. This factor is anticipated to restrain the lease management market share in the upcoming years.

Furthermore, the introduction of cloud technology has been one of the most significant advancements in the lease management market. This technology has an impact on the development and delivery of software applications to lease management organizations. As a result of the cloud transition, software developers can now focus on the technological aspects of lease management software while outsourcing lease management to cloud service providers. Users of SaaS software can pay as they go and can cancel services at any time. Large multifamily real estate companies can use the software to seamlessly integrate various types of technologies across their entire portfolio.

The global lease management market is segmented based on component, deployment mode, enterprise size, end-use industry, and region. By component, the market is sub-segmented into solutions and services. By deployment, the market is classified into on-premise and cloud. By enterprise size, the market is classified into large enterprises and small & medium enterprises. By end-use industry, the market is classified into retail, education, government, manufacturing, and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the lease management market report include Lease Accelerator, Inc, CoStar Group, FORTUNE Media IP Limited, Trimble Inc., Nakisa, RealPage, Inc., Oracle Corporation, IBM, Innolux Corporation, SAP.

The report offers a comprehensive analysis of the global lease management market analysis, trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working toward the growth of the market. Furthermore, the report sheds light on the present scenario and upcoming trends & developments that are contributing to the lease management system growth. Moreover, restraints and challenges that hold power to obstruct the market growth are profiled in the report along with Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market.

Impact of Covid-19 on the Global Lease Management Industry

The COVID-19 epidemic has affected almost every sector of society, individuals, and businesses; however, the lease management market is gaining traction around the world. All facility management data is integrated into the lease management software, allowing the company to operate remotely without disrupting operations
The most significant driving force in the worldwide lease management market during a pandemic is anticipated to be the rising preference for working from home. Lease management facilitates ease of payment from contractors and tenants with maintenance monitoring
The COVID-19 epidemic is driving up demand for smart building projects to effectively manage rent and a trend toward IT modernization for increased corporate effectiveness
Furthermore, COVID-19 had an effect on imports and exports, which resulted in a lack of the tools and component parts needed for lease management

Key Findings of the Study

Based on component, the solutions sub-segment emerged as the global leader in 2021 and services sub-segment is anticipated to be the dominating sub-segment during the forecast period.

Based on deployment, the cloud sub-segment is anticipated to be the fastest growing in the market.

Based on enterprise size, the large enterprise sub-segment is expected to have dominating market share during the forecast period.

Based on end-use industry, the manufacturing sub-segment emerged as the global leader in 2021 and isanticipated to have dominating market share during forecast period.

Based on region, the Europe lease management market is projected to be the fastest growing in during forecast period.

Companies Mentioned

  • Appfolio
  • CoStar Group
  • FORTUNE Media IP Limited
  • IBM Corporation
  • Innolux Corporation
  • Lease Accelerator Inc.
  • Nakisa
  • Oracle Corporation
  • Raamp, LLC.
  • Realpage, Inc.
  • SAP
  • Trimble Inc.
  • Yardi Systems, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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