2025 Lease Management Market Overview | Size Estimation, Revenue | Key Drivers by Manufacturers, Upcoming Trends

Lease Management Market by Component (Solutions and Services), End User (Housing, Corporate, and Property Managers), Deployment Mode, Organization Size, Vertical (Real Estate, Retail and Ecommerce, and BFSI), and Region - Global Forecast to 2025 published by MarketsandMarkets, the Lease management market size is projected to grow from USD 4.4 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 5.9% during the forecast period. The demand for lease management is driven by the Increasing demand for SaaS model for effective management of lease, Increasing demand for smart building projects to efficiently manage lease, and Emerging technologies, such as IoT, AI, and mobility, for real-time data analysis.

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The solution segment to hold a larger market size during the forecast period

The solution segment is projected to contribute majorly to the lease management market among the types, while the services segment is projected to witness a higher growth rate during the forecast period. This growth these segments are supported by the rising installations of new lease managements that require underlying servers for enabling proper facility functionality along with growing need for upgrades and maintenance of existing solutions

SMEs segment to grow with higher market size during forecast period

The Small and Medium size enterprises (SMEs) segment is expected to grow with higher rate contributing to the market. This growth of SMEs is supported by the implementation of the lease management solution, along with services, is expected to result in better risk mitigation, reduced administrative overhead, reduced cost of compliance, favorable business outcomes, and improved business efficiency for SMEs.

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North America to hold the largest market size during the forecast period

The North American lease management market is already mature for lease management systems, and a significant number of new installations of lease management and upgrade of the existing lease management solutions. Currently, the United States (US) holds the highest share in the lease management market as it is home to large telecom giants, well-established suppliers, as well as end-user industries that continuously adapt to newer technologies for improved business productivity and work efficiency.

Market Players

Market players profiled in this report include Accruent (US), IBM (US), Oracle (US), RealPage (US), SAP (Germany), Trimble (US), AppFolio (US), Odessa (US), CoStar Group (US), Nakisa (Canada), LeaseAccelerator (US), LeaseQuery (Singapore), Spacebase (US), RAAMP (US). These players offer various lease management solutions and services to cater to the demands and needs of the market. Major growth strategies are adopted by the players including acquisitions, partnerships, collaborations and agreements, and new product launches/product enhancements.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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USA: +1-888-600-6441

 

 

 

 

 

 

 

 

 

 

 

 

Lease Management Market 2025 Overview | Regional Outlook, Growth, Economics, Demand

Lease Management Market size is projected to grow from USD 4.4 billion in 2020 to USD 5.9 billion by 2025, at a CAGR of 5.9% during the forecast period according to report published by MarketsandMarkets. The demand for lease management is driven by the Increasing demand for SaaS model for effective management of lease, Increasing demand for smart building projects to efficiently manage lease, and Emerging technologies, such as IoT, AI, and mobility, for real-time data analysis.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210283139

The solution segment to hold a larger market size during the forecast period

The solution segment is projected to contribute majorly to the lease management market among the types, while the services segment is projected to witness a higher growth rate during the forecast period. This growth these segments are supported by the rising installations of new lease managements that require underlying servers for enabling proper facility functionality along with growing need for upgrades and maintenance of existing solutions

SMEs segment to grow with higher market size during forecast period

The Small and Medium size enterprises (SMEs) segment is expected to grow with higher rate contributing to the market. This growth of SMEs is supported by the implementation of the lease management solution, along with services, is expected to result in better risk mitigation, reduced administrative overhead, reduced cost of compliance, favorable business outcomes, and improved business efficiency for SMEs.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=210283139

North America to hold the largest market size during the forecast period

The North American lease management market is already mature for lease management systems, and a significant number of new installations of lease management and upgrade of the existing lease management solutions. Currently, the United States (US) holds the highest share in the lease management market as it is home to large telecom giants, well-established suppliers, as well as end-user industries that continuously adapt to newer technologies for improved business productivity and work efficiency.

Market Players

Market players profiled in this report include Accruent (US), IBM (US), Oracle (US), RealPage (US), SAP (Germany), Trimble (US), AppFolio (US), Odessa (US), CoStar Group (US), Nakisa (Canada), LeaseAccelerator (US), LeaseQuery (Singapore), Spacebase (US), RAAMP (US). These players offer various lease management solutions and services to cater to the demands and needs of the market. Major growth strategies are adopted by the players including acquisitions, partnerships, collaborations and agreements, and new product launches/product enhancements.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

 

 

 

 

 

 

 

 

 

Facial Recognition Market 2025 Future Scope, Size Estimation | Revenue, Pricing Trends, Regional Outlook

Facial Recognition Market size is expected to grow from USD 3.8 billion in 2020 to USD 8.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period according to report published by MarketsandMarkets. The facial recognition market is expected to be lucrative for technology vendors. It is also expected to witness substantial growth in the next five years due to increased investments by the government and defense sectors. Moreover, the growing surveillance industry, particularly in North America and Europe, would push companies to deploy or develop facial recognition solutions in the coming years. Furthermore, a high adoption rate is expected to be registered in APAC during the forecast period.

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Since the 1960s, facial recognition technology has witnessed major changes due to the rising investments in the surveillance space by enterprises globally. One of the major factors for the high growth of the facial recognition market is the rising expenditure on facial recognition technology by various government organizations, including homeland security, federal and regional law enforcement departments, and other security agencies. The technology has helped criminal investigations and facilitated various departments in the rapid identification of offenders. Government applications such as law enforcement, military and defense, homeland security, and state and national government together constitute approximately 60% of the facial recognition technology revenue, and this trend is expected to continue during the forecasted period. The Defense Advanced Research Products Agency (DARPA) funded the Face Recognition Technology (FERET) Evaluation from 1993-1997 to boost the advancement of facial recognition algorithms and technology. This helped in evaluating the prototypes of facial recognition systems and propelled these systems to become commercial products.

By component, services segment to have fastest CAGR during the forecast period

The services segment is estimated to have the fastest growth rate in the facial recognition market. Services are provided by facial recognition software providers that help in implementing the solution without purchasing it. Services are further classified into training and consulting and cloud-based facial recognition. In training and consulting services, feasibility assessment, analysis, and advisory of large-scale governmental and military projects are all included. Features of cloud-based facial recognition services include time tracking, gender recognition, head pose estimation and analytics, and statistical overview related to the buying patterns are included.

By application, law enforcement segment to have highest market share during the forecast period

By application area, the facial recognition market has been mainly categorized into emotion recognition, attendance tracking and monitoring, access control, law enforcement, and others. Over the past decade, many major technology players have acquired companies that are operating in the facial recognition domain to add value to their own services. For instance, technology giants, such as Microsoft, Amazon, and Google, are exploring into the space of facial recognition due to the increasing demand for this technology.

Among the verticals, government and defense to hold the largest market size during the forecast period

The growing number of government and defense investments in implementing facial recognition technology for various activities, such as border control and criminal identification, are driving the adoption of the facial recognition technology solutions and services. Facial recognition eases the process of identification and verification; hence it is being adopted widely for immigration at airports and attendance tracking and monitoring. The increasing technological advancements across sectors are encouraging enterprises to adopt facial recognition tools and services for easier manual processing and time-saving. Various governments are relying on ubiquitous sensors and powerful analytics algorithms, instead of the physical presence of a human. In the war against COVID-19, several governments have implemented these new surveillance devices in healthcare, public safety, and surveillance applications. There are some major surveillance and authentication use cases of facial recognition to fight against COVID-19. Governments of all the COVID-19 affected nations have allocated special budgets to fight the epidemic

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North America to hold the largest market size during the forecast period

The North American region consists of developed countries that are technologically advanced with well-developed infrastructures. Owing to their strong economies, the US and Canada are expected to be major contributors to the growth of the facial recognition market. With technologies advancing every single day and growing economies of North America, companies in the region can afford to invest huge amounts on the adoption of these technologies. North America has a history of the use of facial recognition solutions and services. Flourishing technologies, such as smart infrastructures, smart city initiatives, the use of ePassports, and eVisa, are factors driving the growth of the facial recognition market.

Major vendors in the global facial recognition market include NEC Corporation (NEC) (Japan), Aware, Inc. (Aware) (US), Ayonix Corporation (Ayonix) (Japan), Cognitec Systems GmbH (Cognitec Systems) (Germany), NVISO SA (nViso) (Switzerland), Animetrics (US), Neurotechnology (Lithuania), Daon (Ireland), Stereovision Imaging, Inc. (SVI) (US), Techno Brain (Dubai), Innovatrics (Bratislava), id3 Technologies (id3) (Israel), Thales (France), Idemia (France), Nuance Communications, Inc. (Nuance) (US), BioID (Germany), Fulcrum Biometrics, LLC. (Fulcrum Biometrics) (US), TrueFace.AI (US), Amazon (US), FacePhi (Spain), Herta Security (Herta) (Spain), Kairos AR, Inc. (Kairos) (US), SightCorp Inc. (SightCorp) (The Netherlands), and Microsoft Corporation (Microsoft) (US).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

 

 

 

 

 

Digital Experience Platform Market 2024 Share | Latest Regions, Revenue, Drivers, Trends

Digital Experience Platform Market size is expecting to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period according to report published by MarketsandMarkets. Major factors expected to drive the growth of the DXP market include help in understanding the immediate needs of customer, reducing the customer churn rate, growing deployment of cloud-based solutions, and rising demand for big data analytics.

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Based on component, services segment to record a higher growth rate than platform segment during the forecast period

Base on component, the services segment is expected to grow at a higher rate than the platform segment during the forecast period. The services segment has a major influence on the DXP market’s growth. The demand for services is increasing with the growing adoption of DXP by enterprises across major verticals. These services assist end users in reducing costs, increasing overall revenues, and improving business performance. With the help of these services, organizations can track, evaluate, and analyze the requirements of their business to make better-informed decisions.

Among services, managed services segment to register a higher growth rate than professional services segment during the forecast period

Among services, the managed services segment is expected to witness a higher growth rate than the professional services segment during the forecast period. Managed services help clients manage their DXP operations on-premises as well as in the cloud. The prime responsibility of the managed services providers is to improve the efficiency of inbound and outbound operations cost-effectively for enterprises.

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North America to account for the largest market size during the forecast period

North America is expected to hold the largest market size during the forecast period. The US has emerged as the largest market for DXPs due to the large-scale implementation of DXPs by organizations and enterprises in the country. The high pace of digital transformation, along with the high growth of Artificial Intelligence (AI) and data analytics, is attributed to the fast growth of the DXP market in the US.

Key and emerging market players include Adobe Systems (US), Oracle (US), SAP (Germany), IBM (US), Microsoft (US), Salesforce (US), OpenText (Canada), SDL (UK), Sitecore (US), Acquia (US), Jahia (Switzerland), Episerver (US), Squiz (Australia), BloomReach (US), Liferay (US), Kentico (Czech Republic), and censhare (Germany). These players have adopted various strategies to grow in the DXP market.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

 

 

 

 

 

 

 

 

 

 

 

2025 Transportation Management System Market Outlook | Pricing Strategy, Industry Latest News | Top Company Analysis, Share

According to a research report "Transportation Management System (TMS) Market by Component (Solutions and Services), Transportation Mode (Roadways, Railways, Airways, and Maritime), Deployment Type (On-premises and Cloud), Organization Size, Vertical, and Region - Global Forecast to 2025 " published by MarketsandMarkets, is expected to grow from USD 7.7 billion in 2020 to USD 17.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.2% during the forecast period. The major factors driving the growth of the TMS industry include Technological advancements in the transportation and logistics industry and exponential growth in the eCommerce industry.

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The large enterprise segment to hold the largest market size during the forecast period

The adoption of TMS solutions and services is higher in large enterprises, and the trend is expected to continue during the forecast period. TMS systems offer a single centralized system, with features such as route optimization, carrier tracking, analytics, order management, and account settlement. Hence, large enterprises heavily invest in advanced technologies to increase their overall productivity and efficiency. The demand for flexible, scalable, and convenient services by large enterprises is expected to encourage the market players to come up with newer technologies and innovative solutions.

Healthcare and Pharmaceutical to record the fastest growth rate during the forecast period

Healthcare enterprises are facing a huge demand due to pandemic. However, supply chain and logistics disruptions across the globe are making it difficult for enterprises to cater to this demand. Geographically dispersed locations, frequent delivery schedules, and coordination specifications, and logistics requirements are affecting internal capabilities and lowering operating margins. Hence, healthcare enterprises are turning to TMS solutions to tackle these challenges. Pharmaceutical goods are highly specialized, sensitive, life-impacting, and thus pharmaceutical transportation needs to be highly performant, secure, and controllable. Considering the nature of pharmaceutical goods, it needs safe handling, packaging, and transporting. It also involves customer-specific documentation and dangerous goods documents. Hence, traceability and visibility play an important role in the pharmaceutical supply chain. This also helps in preventing thefts, counterfeiting, contamination, or damage due to disruptions in the chain. TMS offers high visibility, route optimization, and tracking solutions that can tackle above challenges.

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APAC is projected to be the fastest-growing region during the forecast period

The TMS market in APAC is expected to grow at the highest growth rate during the forecast period. Intrinsic strength, progressive trade agreements among countries, and recovering global demand are driving the TMS market in this region. This growth is evident with the acceptance of new cloud-based transportation solutions, services, and platforms by developing countries of this region. APAC is witnessing high growth due to the increasing global competition, the growing penetration of smart devices and connected machines, and the rising investments in smart cities. High economic growth in developing countries, such as India, China, and Vietnam, has resulted in an increase in the number of connected solutions that consist of sensors and RFID tags, resulting in a sudden outburst of vast amounts of data. This has made TMS a prominent feature in the growing transportation and logistics sector of this region.

Market Players

Some prominent players across all service types profiled in the TMS market study include Oracle (US), SAP (US), Manhattan Associates (US), C.H. Robinson (US), Trimble (US),  Blujay Solutions (US), MercuryGate International (US), Blue Yonder (US), Transplace (US), Descartes Systems Group (Canada), E2open (US), Alpega Group (Belgium), 3Gtms (US), 3T Logistics & Technology Group (UK), Globaltranz (US), InMotion Global (US), vTradEx (China), MP Objects (US), Logistically (US), One Network Enterprises (US), Elemica (US), Tailwind Transportation Software (Canada), IntelliTrans (US), Allotrac (Australia), Revenova (US), Fretron (India), Ratelinx (US), Tracx Systems (Canada), WiseTech Global (Australia), Princeton TMX (US), CTSI Global (US),Generix Group (France), Unifaun (Sweden), Supplystack (Belgium), Efreightsolutions (US), Ultraship TMS (US)  and Infor (US).

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441