The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increased demand for workplace mobility solutions are expected to drive innovation in lease management manufacturing, thus driving the market during the forecast period.

The global lease management market is expected to grow from $3.91 billion in 2022 to $4.21 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The lease management market size is expected to reach $5.46 billion in 2027 at a CAGR of 6.7%.

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Global Lease Management Market Segments Include:

• By Type: Software, Services
• By Deployment mode: Cloud, On-premises
• By Enterprise size: Large Enterprises, Small and Medium-sized Enterprises (SMEs)
• By Vertical: Retail and eCommerce, Government and Public Sector, BFSI, Education, Real Estate, Transportation and Logistics, Manufacturing, Other Verticals
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global lease management market in 2021.

Major Market Players in the lease management market include LeaseAccelerator Inc., Nakisa Lease Administration, CoStar Realty Information Inc., AppFolio Inc., Trimble Inc., RealPage Inc., Oracle Corporation.

Technological advancements are a key trend gaining popularity in the lease management market. Major companies operating in lease management are introducing new technologies to sustain their position in the market. For instance, in February 2021, Dottid, a US-based software-as-a-service technology platform for the commercial real estate industry, launched industrial property leasing and asset management platform. It is an innovative workflow management tool that was developed to connect owners, managers, brokers, and tenants for secure and effective communication. The solution includes visual tools, access, and process management to help all parties involved in a transaction save time and money.

The Lease Management Global Market Report 2023  provides a lease management market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The lease management market forecast analyzes lease management market size, lease management market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Lease management refers to tracking and optimizing a company’s leased asset portfolio. It is a broad subject that focuses on streamlining the administration of various leases and sublease agreements. It is also beneficial to track the company’s lease performance daily, weekly, or monthly.

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