Market Overview
lease management market , also referred to as lease administration, is a critical component in handling rental agreements, financial obligations, and legal compliance for both tenants and landlords. With the increasing complexity of lease agreements—especially for multinational corporations—automated lease management solutions have become indispensable.
The surge in cloud-based platforms and the integration of real estate technology into enterprise operations have significantly fueled this market’s growth. Businesses seek to streamline lease workflows, optimize real estate portfolios, and ensure compliance with accounting standards such as IFRS 16 and ASC 842. This drive for efficiency, compliance, and scalability positions lease management software as a core asset in digital transformation strategies across multiple industries.
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