What is the future development prospect of China property management industry? Is it a sunrise industry?

The prospects are good. In recent years, thanks to the prosperity of the real estate market, the development of property management has entered a rapid growth stage from the primary stage, with a compound annual growth rate of over 8%. With huge social, environmental and economic benefits, the development space of the property management industry is increasingly broad, which is a veritable sunrise industry.

The Analysis Report on the Development Prospect and Investment Strategic Planning of China Property Management Industry pointed out that the property management industry in China has a huge capacity, with a revenue scale of 350 billion yuan and a property management area of 20 billion square meters, which is still growing and has huge market potential. However, there are also many problems in property management, which hinder the further development of the industry.

Although there are many problems in the property management industry, the future development prospects are very broad. On the one hand, with the deepening of urbanization, the demand for housing continues to be released and transformed into comfortable housing, which provides a broad space for property management.