Thursday 12 March 2020

Property Management Service Market projected to reach USD 22 billion during the forecast period, 2020-2026

Mar 11, 2020 (Market News Bizz via Comtex) -- Property Management is a process that involves services and solutions for the asset management, real estate and leasing. Property management also includes management of a private property, capital asset, etc., and caters factors such as procedures, manpower, systems, etc., essential to manage the acquired property. Rapid infrastructure development globally and rising smart building projects are the major factors driving the growth of property management service market in the coming years. The global property management market is expected to be valued worth USD 12.83 billion in 2019 and is projected to reach USD 22.04 billion by 2026. The market is expected to grow at a CAGR of 8.8 percent during the forecast period.
source:https://www.marketwatch.com/press-release/property-management-service-market-projected-to-reach-usd-22-billion-during-the-forecast-period-2020-2026-2020-03-11?tesla=y

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