- In April 2021, MRI Software, a leader in real estate software solutions, acquired Trimble, a California-based industrial technology company known for its innovative solutions. This acquisition enabled MRI Software to enhance its workplace management software by integrating space scheduling, booking, and facilities management tools. Additionally, MRI expanded its offerings with new accounting and administrative software tailored for real estate owners and operators, further strengthening its comprehensive solution portfolio
- In January 2021, LeaseQuery LLC, a provider of specialized lease accounting software, formed a partnership with Microsoft Corporation to streamline complex lease accounting compliance. This collaboration aimed to leverage Microsoft's technology to simplify the process of managing lease data and ensuring adherence to accounting standards. By integrating their solutions, the two companies sought to enhance efficiency and reduce the challenges associated with lease accounting for businesses
- In January 2021, MRI Software LLC, a leading provider of real estate and investment management software, acquired AMT Direct, a company specializing in lease accounting and management software. This acquisition aimed to enhance MRI Software's ability to manage leases effectively while addressing new lease accounting regulations. By integrating AMT Direct’s capabilities, MRI Software strengthened its portfolio, offering more comprehensive solutions for lease management and compliance
Frequently Asked Questions
The market is segmented based on Segmentation, By Type (Service and Software), Deployment Type (Cloud and On-premises), Organization Size (Large Enterprises and SMBs), End user (Housing, Corporates, and Property Managers), Vertical (Retail and eCommerce, Government and Public Sector, BFSI, Education, Real Estate, Transportation and Logistics, Manufacturing, and Others) – Industry Trends and Forecast to 2032
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The Global Lease Management Market size was valued at USD 4.97 USD Billion in 2024.
The Global Lease Management Market is projected to grow at a CAGR of 5.5% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
