Lease Management Market is expected to expand at a CAGR of 5.9% from 2021 to 2028
Lease Management Industry Overview The global lease management market size was valued at USD 4.01 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.9% from 2021 to 2028. The rising need for effective lease management is fueling the demand for SaaS lease management solutions, thereby driving the market. The growth in the number of smart building projects across the globe is also resulting in an increased demand for lease management solutions as property managers seek advanced solutions to effectively manage leases. Moreover, the COVID-19 pandemic is resulting in an increased demand for workplace mobility solutions, thus driving the demand for web-based lease management solutions. Gather more insights about the market drivers, restrains and growth of the Global Lease Management Market However, budget limitations hinder the adoption of advanced solutions in most small and medium enterprises, which could negatively impa...