Global Mobile Home Park Management Software Market, By Types (On Cloud, On Premise, Market), Applications (Large Enterprises, Small and Medium-Sized Enterprises (SMEs)) – Industry Trends and Forecast to 2030.
Mobile Home Park Management Software Market Analysis and Size
Interest in mobile home park management software has grown over the past few years. This software has become an overlooked asset class for real estate investors seeking to expand their portfolios. Mobile home residents expend approximately 20 to 40% less on housing prices than those in non-mobile housing across the 100 largest US metros. As such, mobile home park management software is an important source of unsubsidized affordable housing in the U.S. According to US Census Bureau data analysis, around 5.6% of Americans live in manufactured homes mainly in the south and southwest parts of the country.
Data Bridge Market Research analyses that the mobile home park management software market was valued at USD 3490.20 million in 2022 and is expected to reach the value of USD 14225.26 million by 2030, at a CAGR of 19.20% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Mobile Home Park Management Software Market Scope and Sementation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Types (On Cloud, On Premise, Market), Applications (Large Enterprises, Small and Medium-Sized Enterprises (SMEs))
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Countries Covered
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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, Israel, Egypt, South Africa, 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
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Market Players Covered
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Adobe (U.S.), Oracle (U.S.), HubSpot, Inc. (U.S.), SAS Institute Inc. (U.S.), HP Development Company, L.P. (U.S.), SimplyCast (Canada), Act-On Software, Inc. (U.S.), Infor (U.S.), Yesware, Inc. (U.S.), Sailthru. Inc. (U.S.), Vivial Inc. (U.S.), Keap (U.S.), IBM (U.S.), SAP SE (Germany), Microsoft (U.S.), ThriveHive (U.S.), Demandbase, Inc. (U.S.), WordStream (U.S.), CAKE (U.S.), and Chetu Inc. (India)
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Market Opportunities
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Market Definition
Mobile home park management software gets together all characteristics of the home par portfolio, including schedules, staff, contract timelines, finance and tenant details. It enables consumers to set up the large number of portfolios and then link them to tenants and properties. This software is mainly intended to manage mobile home parks and other commercial and residential real estate assets.
Mobile Home Park Management Software Market
Drivers
- Multiple benefits associated with mobile home park management software
A mobile home management software enables you to manage your mobile homes, RVs, boats, manufactured housing, communities, parks, trailers and more. Collect tenant applications, manage your leases from beginning to end, oversee maintenance requests, run background checks, store files safely, and so much more. Also, keep your community safe, and make your day-to-day workload easier than ever. These are some of the major factors that will create immense opportunities for market growth.
- Lower Maintenance Costs
When a tenanta tenant maintains mobile homes maintains mobile homes, the park owner is not liable for sustaining them. A running toilet or leaky roof becomes the tenant’s responsibility to repair. A mobile park owner is generally only responsible to maintain roads, utility connections, and any communal spaces on the property. This is an important advantage resulting in lower operating costs and higher profits, increasing the demand for the mobile home park management software and driving the market growth rate.
Opportunities
- Increasing product launches
The increasing product launches and other innovations by major market players offer various growth opportunities in the market. For instance, MRI Software launched a new comprehensive, affordable housing solution in 2019. It is an innovative compliance and property management solution for operators and owners. It is highly used to manage recent complex compliance.
Restraints
- Less Appreciation
Unlike numerous other asset classes of software, mobile home parks software don’t appreciate much in value over time. The leading exception to this is when an owner forces appreciation by upgrading their property with landscaping, signage, and better infrastructure or amenity spaces.
- Issue related to location
Successful mobile home parks software are mainly used outside of larger cities where the budget of living is very high. Investing in a market where the price of living is less or the job growth is decreasing may not yield the occupancy an investor desires. This will hamper the growth of the market
This mobile home park management software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the mobile home park management software market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In 27th January 2021, MRI Software acquired AMTdirect. This acquisition aids to reinforce MRI’s commitment to the residential sector and augments its presence in market.
Global Mobile home park management software Market Scope
The mobile home park management software market is segmented on the basis of types and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Types
- On Cloud
- On Premise
- Market
Applications
- Large Enterprises
- Small and Medium-Sized Enterprises (SMEs)
Mobile Home Park Management Software Market Regional Analysis/Insights
The mobile home park management software market is analyzed and market size insights and trends are provided by country, types and applications as referenced above.
The countries covered in the mobile home park management software market report are 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, Israel, Egypt, South Africa, 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.
North America dominates the mobile home park management software market in terms of revenue and market share due to increasing population preference towards save time with refreshingly simple software in this region.
Asia-Pacific will continue to project the highest compound annual growth rate during the forecast period of 2023-2030 due to growing implementation of mobile home park management software in developing countries in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Mobile Home Park Management Software Market Share Analysis
The mobile home park management software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to mobile home park management software market.
Some of the major players operating in the mobile home park management software market are:
- Adobe (U.S.)
- Oracle (U.S.)
- HubSpot, Inc. (U.S.)
- SAS Institute Inc. (U.S.)
- HP Development Company, L.P. (U.S.)
- SimplyCast (Canada)
- Act-On Software, Inc. (U.S.)
- Infor (U.S.)
- Yesware, Inc. (U.S.)
- Sailthru. Inc. (U.S.)
- Vivial Inc. (U.S.)
- Keap (U.S.)
- IBM (U.S.)
- SAP SE (Germany)
- Microsoft (U.S.)
- ThriveHive (U.S.)
- Demandbase, Inc. (U.S.)
- WordStream (U.S.)
- CAKE (U.S.)
- Chetu Inc. (India)
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