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Yahoo
2 days ago
- Business
- Yahoo
Self-Storage Software Market Forecast to 2034: Industry Led by OpenTech Alliance, storEDGE, and QuikStor
Tech Trends Propel Self-Storage Software Market with Cloud, AI, and Automation Transforming Operations Self-Storage Software Market Dublin, Aug. 06, 2025 (GLOBE NEWSWIRE) -- The "Self-Storage Software Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034" has been added to offering. The Global Self-Storage Software Market was valued at USD 2.5 billion in 2024 and is estimated to grow at a CAGR of 12.7% to reach USD 8 billion by 2034, driven by the surging demand for digital solutions across the real estate sector, rapid urban migration, and the rising need for efficient space management in both residential and commercial environments. As real estate dynamics evolve, self-storage businesses are increasingly turning to digital platforms to streamline operations, elevate tenant experiences, and strengthen facility security. The growing emphasis on convenience, automation, and data-driven decision-making is driving the adoption of cutting-edge software systems. Operators are seeking scalable, cloud-based tools that enable real-time monitoring, improve occupancy management, and enhance operational efficiency without the limitations of traditional infrastructure. In today's tech-forward landscape, self-storage software plays a critical role in modernizing facility operations. With features like contactless rentals, automated billing, online payments, and real-time availability tracking, these solutions help operators stay ahead in a competitive market. Integrating customer relationship management (CRM) tools, digital access control systems, and advanced analytics further allows businesses to boost visibility and improve the overall user experience. As digital security becomes more important, platforms now incorporate encryption, mobile alerts, and detailed access logs to enhance transparency and build tenant trust. The integration of emerging technologies such as predictive analytics, blockchain for secure contract management, and augmented reality (AR) for immersive virtual tours is reshaping how businesses interact with both data and customers, ultimately driving greater agility and profitability. Cloud-based self-storage software dominates the market and accounted for nearly 60% of the global revenue in 2024. This segment's popularity stems from its flexibility, affordability, and ability to seamlessly support operations across multiple locations. Cloud platforms are easier to scale and manage, making them ideal for self-storage operators expanding their footprint. These systems allow for the implementation of artificial intelligence (AI)-driven tools, predictive maintenance schedules, and dynamic pricing models - features that are often difficult to deploy with on-premises infrastructure. Businesses benefit from centralized access, real-time updates, and minimal IT overhead, which significantly enhances performance and decision-making capabilities. Subscription-based models have emerged as the preferred pricing structure across the self-storage software industry. These models offer unmatched affordability and integration flexibility, especially for small and mid-sized operators looking to avoid the financial burden of upfront capital investments. Through a recurring payment structure, businesses gain continuous access to the latest software features, real-time updates, technical support, and robust cybersecurity enhancements. This setup ensures operational consistency while helping operators remain compliant with changing industry standards. The subscription model also enables providers to offer more frequent product improvements, keeping businesses agile in a fast-moving digital ecosystem. The U.S. Self-Storage Software Market reached USD 500 million in 2024 and is projected to grow at a CAGR of around 12.9%. With a well-established self-storage sector and rising consumer expectations for digital convenience, the U.S. is witnessing a significant shift toward cloud-based management platforms. Strategic investments by key software providers and government initiatives to upgrade digital infrastructure and enhance data security are further accelerating software adoption. Businesses across the country are recognizing the value of scalable, AI-enabled solutions in optimizing space utilization, improving service delivery, and ensuring regulatory compliance. Leading players in the global self-storage software market include OpenTech Alliance, storEDGE, QuikStor, Yardi Systems, Cascade Self-Storage, and Space Management. These companies are focused on expanding their portfolios with advanced, cloud-native solutions that elevate user experience and streamline back-end processes. By leveraging AI, IoT, and blockchain technologies, they are offering smarter, more secure, and highly efficient platforms. Many are also engaging in strategic partnerships, acquisitions, and collaborative ventures to strengthen their market presence, broaden their reach, and drive innovation in the self-storage software space. Comprehensive Market Analysis and Forecast Industry trends, key growth drivers, challenges, future opportunities, and regulatory landscape Competitive landscape with Porter's Five Forces and PESTEL analysis Market size, segmentation, and regional forecasts In-depth company profiles, business strategies, financial insights, and SWOT analysis Key Attributes Report Attribute Details No. of Pages 190 Forecast Period 2024-2034 Estimated Market Value (USD) in 2024 $2.5 Billion Forecasted Market Value (USD) by 2034 $8 Billion Compound Annual Growth Rate 12.7% Regions Covered Global Key Topics CoveredChapter 1 Methodology & ScopeChapter 2 Executive Summary2.1 Industry 360 degree synopsis, 2021-2034Chapter 3 Industry Insights3.1 Industry ecosystem analysis3.1.1 Supplier landscape3.1.1.1 Raw material providers3.1.1.2 Component providers3.1.1.3 Manufacturers3.1.1.4 Technology providers3.1.1.5 Distribution channel analysis3.1.1.6 End use3.1.2 Profit margin analysis3.2 Impact of Trump administration tariffs3.2.1 Trade impact3.2.1.1 Trade volume disruptions3.2.1.2 Retaliatory measures3.2.2 Impact on industry3.2.2.1 Supply-side impact (raw materials)3.2.2.1.1 Price volatility in key materials3.2.2.1.2 Supply chain restructuring3.2.2.1.3 Production cost implications3.2.2.2 Demand-side impact (selling price)3.2.2.2.1 Price transmission to end markets3.2.2.2.2 Market share dynamics3.2.2.2.3 Consumer response patterns3.2.3 Strategic industry responses3.2.3.1 Supply chain reconfiguration3.2.3.2 Pricing and product strategies3.3 Technology & innovation landscape3.4 Patent analysis3.5 Regulatory landscape3.6 Cost breakdown analysis3.7 Key news & initiatives3.8 Impact forces3.8.1 Growth drivers3.8.1.1 Digital transformation of facility management3.8.1.2 Rising urbanization & space constraints3.8.1.3 Demand for contactless & remote access3.8.1.4 Integration with smart technologies3.8.2 Industry pitfalls & challenges3.8.2.1 High initial implementation costs3.8.2.2 Data privacy & cybersecurity risks3.9 Growth potential analysis3.10 Porter's analysis3.11 PESTEL analysisChapter 4 Competitive Landscape, 20244.1 Introduction4.2 Company market share analysis4.3 Competitive positioning matrix4.4 Strategic outlook matrixChapter 5 Market Estimates & Forecast, by Deployment, 2021-2034 ($Mn)5.1 Key trends5.2 Cloud-based5.3 On-premisesChapter 6 Market Estimates & Forecast, by Organization Size, 2021-2034 ($Mn)6.1 Key trends6.2 Large enterprises6.3 Medium-Sized Enterprises (SME)6.4 Small enterprisesChapter 7 Market Estimates & Forecast, by Business Model, 2021-2034 ($Mn)7.1 Key trends7.2 Subscription-based7.3 Perpetual License-basedChapter 8 Market Estimates & Forecast, by Application, 2021-2034 ($Mn)8.1 Key trends8.2 Residential8.3 Commercial8.4 IndustrialChapter 9 Market Estimates & Forecast, by Region, 2021-2034 ($Mn)9.1 Key trends9.2 North America9.2.1 U.S.9.2.2 Canada9.3 Europe9.3.1 Germany9.3.2 France9.3.3 UK9.3.4 Spain9.3.5 Italy9.3.6 Russia9.3.7 Nordics9.4 Asia-Pacific9.4.1 China9.4.2 India9.4.3 Japan9.4.4 South Korea9.4.5 ANZ9.4.6 Southeast Asia9.5 Latin America9.5.1 Brazil9.5.2 Mexico9.5.3 Argentina9.6 MEA9.6.1 UAE9.6.2 South Africa9.6.3 Saudi ArabiaChapter 10 Company Profiles10.1 Apex10.2 Beloit10.3 Cascade10.4 Easy Storage10.5 iStorage10.6 MyStorage10.7 OpenTech Alliance10.8 QuikStor10.9 Rentec Direct10.10 Secure Self Storage10.11 Self Storage Manager10.12 Shedul10.13 SiteLink10.14 Space Management10.15 Storage Commander10.16 Storage Pro Software10.17 storEDGE10.18 STORIS10.19 StorTrack10.20 Yardi SystemsFor more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Self-Storage Software Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
10-07-2025
- Business
- Zawya
NIQ Consumer Tech Trends: The consumer's hunt for value reshapes the South African market
NielsenIQ (NIQ), a leading consumer intelligence company, has recently released its Consumer Tech Industry Trends 2025 report, forecasting global Consumer Tech & Durables (T&D) sales will reach $1.29tn – driven by emerging markets, replacement cycles, and premium innovation – in the year ahead. The value of the Middle East & Africa market is expected to rise around 2% to $68bn. Building on value growth of just 1.2% and unit growth of 3.5% for the first quarter, the South African T&D sector is expected to be shaped by volume-driven purchases and value-conscious buying for the rest of 2025. Zak Haeri, managing director for NIQ in South Africa 'Two dynamics are driving price pressures in the South African T&D market in 2025. On the one hand, disruptive Chinese brands are rapidly moving into the country with attractive products spanning entry level, mid-range and premium price points,' says Zak Haeri, managing director for South Africa at NIQ. 'On the other, consumer behaviour is shifting as South Africans continue to adopt a purpose-driven approach to spending that prioritises value. 'Value' includes durability, quality, and convenience, as well as personalisation, rich features, and affordability. Consumers need to be convinced of value for money before they upgrade or replace products.' Top 2025 Tech Trends in South Africa Consumers need compelling reasons to upgrade Many South African T&D segments are saturated, with consumers holding on to their televisions, computers, smartphones and appliances for longer. For consumers to justify replacing their existing products, they must be convinced of the enhanced performance and experience they'll get in return for their money. Brands need smart strategies to capitalise on the moment when a consumer is ready to upgrade or replace. Competition from Chinese brands heats up Chinese brands have scored impressive wins in the South African television and smartphone markets over the past few years, driving fierce price competition. They have captured market share by offering better specs and more feature-rich configurations at lower prices. The success of Chinese brands in TVs and smartphones is creating a brand halo effect that is spreading to categories, such as home appliances. This trend may accelerate as Chinese brands seek new markets for excess inventory due to tariff-related sales declines in the US. Promos and specials still move the needle In a price-sensitive market, major promotional events and opportunities matter. On a global level, a third of tech sales in 2024 occurred during seven key promotions, up from 29% in 2021. NIQ expect shoppers in 2025 to plan around seasonal deals more than ever. T&D sales in South Africa will remain dominated by a few events on the annual retail calendar, including Back to School, Winter Sales, Christmas, and, especially, Black Friday. Smartphones: Prepaid gains, postpaid pains The smartphone market is undergoing a structural shift in South Africa. The prepaid segment is growing, driven by value offerings and operator support. Postpaid is declining, especially in the premium segment, with inconsistent performance outside flagship launches. Consumers keeping their phones for longer may be one reason for the decline in postpaid contracts. Emerging players with competitive pricing and innovation are reshaping consumer preferences. Smartwatches: Sales shrink but entry-level grows Unlike the global wearables market, South Africa's smartwatch market is contracting, particularly in the R8,000–R12,000 mid-tier. Entry-level models are gaining traction, pulling demand from higher tiers. Promotions are driving short-term gains but not long-term stability. Panel TVs: Contraction and innovation The value of the panel television market is shrinking due to soft growth for QLED products and larger screen sizes. Competition from new brands, primarily Chinese companies, is heating up. Opportunities remain in select screen sizes (50–60") despite the overall contraction of the market. Gaming monitors are thriving, with the All rights reserved. © 2022. Provided by SyndiGate Media Inc. (
Newsweek
24-06-2025
- Science
- Newsweek
American Students Are Relying On ChatGPT - At Their Own Risk
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The use of generative artificial intelligence by students has increased over the last two years, but now research has revealed what is driving the trend. A new survey found that students appreciated the ability of large language models (LLMs) like ChatGPT to provide information without any judgement, with many respondents describing it as a "safe and supportive" learning tool. Why It Matters The use of artificial intelligence in academic work is one of the biggest ethical issues facing the education sector. Tools like ChatGPT, which are being updated regularly to be more intelligent, can serve a purpose in helping students' work, but there is a worry that an overreliance could lead to problems. What To Know Last year, a study in the journal Computers and Education: Artificial Intelligence outlined that of 490 university students, one in four respondents (23.1 percent) relied on ChatGPT for drafting assignments and writing homework. That research has now been backed up by a new report in the Tech Trends journal, published in June this year, which found that 78.7 percent of respondents were using generative AI regularly for their studies. "Particularly noteworthy is that students perceived GenAI as useful because they are not judged by it and because of its anonymity," the report read. "Students generally feel comfortable using GenAI for either general or learning purposes, perceiving these tools as beneficial especially with regard to their anonymity and non-judgmental nature." Photo-illustration by Newsweek/Getty/Canva However, the reliance on AI can be a double-edged sword. Another study from MIT found that extended use of LLMs for research and writing could have long-term behavioral effects, such as lower brain engagement and laziness. The study, released this week without peer review, indicated that an overreliance on tools like ChatGPT "could actually harm learning, especially for younger users." It compared brain activity between students using ChatGPT and students using traditional writing methods. The study found that the AI-assisted writers were engaging their deep memory processes far less than the control groups, and that their information recall skills were worse after producing work with ChatGPT. What People Are Saying Akli Adjaoute, an artificial intelligence security expert and author of Inside AI, told Newsweek of another pitfall for students. He says generative AI remained influenced by human hands in its programming, and "cannot be trained to be completely free of bias." He added, "This is not a bug, it just reflects our world. AI does not invent knowledge. It learns from data created by people. And people, even with the best intentions, carry assumptions, disagreements, and historical baggage. "AI systems are trained on information from many sources: books, websites, job applications, police records, medical histories, and social media. All of this information reflects human choices, including what we believe, what we value, and who has held power. "If the data contains stereotypes or discrimination, the AI will absorb it. In many cases, it does not just copy the bias; it amplifies it." What Happens Next ChatGPT and other LLM tools continue to be updated regularly, but the academic sector is not moving as fast, and there is still no united approach on how AI tools should be handled.
Forbes
11-06-2025
- Forbes
Students Are Already Using AI. Are Colleges Teaching AI Literacy?
CHAPEL HILL, NORTH CAROLINA - JUNE 29: People walk on the campus of the University of North Carolina ... More Chapel Hill on June 29, 2023 in Chapel Hill, North Carolina. The U.S. Supreme Court ruled that race-conscious admission policies used by Harvard and the University of North Carolina violate the Constitution, bringing an end to affirmative action in higher education. (Photo by) While students are turning to AI in droves, colleges are behind the adoption curve. A June 2025 study published in TechTrends found that over 85% of college students have already integrated generative AI into their academic lives. However, most (80%) have no structured support in how to use it well, and 70% are asking for AI use guidance. We're at a pivotal moment. Higher education must shift from policing AI to preparing students for it. The old playbook—banning tools, rewriting honor codes, treating generative AI as a threat to academic integrity—misses the larger opportunity. Students are not waiting for a syllabus update to experiment with AI. What they need now is intentional, ethical guidance: how to use AI to think more critically, write more clearly, and engage more deeply. Without this support, we risk reinforcing educational inequities and sending graduates into an AI-driven world unprepared to question, interpret, or lead. Let's start by clearing up a common misconception: Students aren't just using AI to cut corners. The TechTrends study highlighted that many are using AI to ask better questions, not just find better answers. In fact, 52% reported using it to clarify complex material, 38% for technical documentation, and 29% for self-assessment. What they valued most wasn't convenience; it was the nonjudgmental, on-demand nature of the tool. This aligns with the findings of Acuity's Asking to Learn study, which analyzed how students engage with AI when prompted to use it to improve their learning. In this qualitative research, students described AI tools as 'mirrors' and 'mentors' to explore ideas without the fear of looking foolish. The AI's responsiveness made them more willing to take intellectual risks. In other words, many students aren't asking AI to think for them. They're asking it to help them to improve their thinking. But not all students are benefiting equally. The TechTrends study found significant variation in AI readiness across demographic lines. For example, students at community colleges and technical institutions reported the highest levels of AI readiness, while students at for-profit institutions and private colleges felt less confident. Students who were also working full-time expressed the least benefit from AI tools, possibly because they had less time to explore them or viewed them with greater skepticism. Even more concerning: While students are adopting these tools quickly, many don't feel they understand them. A 2024 global survey by the Digital Education Council found that 58% of students felt unprepared for the AI-enabled workforce, and a full 72% said their universities should offer formal training in AI literacy. So what does it mean to be AI literate? It's not just about prompt engineering or knowing which tool gives the fastest response. AI literacy is a multidimensional skill set that blends technical fluency, ethical reasoning, and critical thinking and is for every student in every field. As a college and AI strategist, I see this play out in real time: The students who are best positioned to thrive are not just those who use AI, but those who know when and how to use it responsibly. They treat AI as a tool for amplification; not substitution. Drawing on guidance from the American Library Association's draft AI competencies and UNESCO's AI Competency Framework, it includes: A few colleges are beginning to lead. And California is now requiring AI literacy in K–12 public education; a signal to higher ed about what's coming. But these are exceptional cases. And the danger of doing nothing is very real. Left unguided, students may misuse AI not out of malice, but confusion. We cannot afford to let that confusion define the next generation's relationship to this transformative technology. As educators and leaders, our responsibility isn't to eliminate AI from the classroom. It's to equip students to navigate it wisely, critically, and ethically.
Yahoo
03-03-2025
- Business
- Yahoo
Digital Payment Today - South Africa Embraces Fintech Innovations Amidst Tech Advancements
The "Tech Trends in South Africa 2025" report reveals significant advancements in digital payment systems and fintech across South Africa, underscored by the country's position as one of the world's top 20 crypto markets. The report details the rapid adoption of AI, blockchain, and cybersecurity solutions, noting both growth and challenges such as cybersecurity threats and regulatory hurdles. With digital transformation impacting sectors like ecommerce and digital banking, the report serves as a critical resource for understanding how technology is reshaping financial transactions and payment methods in the region. Elsewhere in the market, was a standout up 4.5% and closing at $46.10, close to the 52-week high. At the same time, softened, down 7.4% to end the day at IDR3,360.00, at its 52-week low. Bank Rakyat Indonesia (Persero) expects enhanced profitability from strategic advantages and economic growth. Click to explore the detailed narrative on the bank's investment potential. settled at $14.47 up 2.8%. closed at $71.05 up 0.5%. settled at $10.75 down 4.4%. Jump into our full catalog of 188 Digital Payment Stocks, which includes ABN AMRO Bank, Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna and Bank of Baroda, here. Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks. Simply Wall St is a revolutionary app designed for long-term stock investors, it's free and covers every market in the world. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "South Africa's AI & Fintech Boom: Key Insights from 2025 Tech Trends Report" from Research and Markets on GlobeNewswire (published 27 February 2025) Companies discussed in this article include NYSE:BAC NasdaqGS:SOFI NasdaqGS:PYPL NYSE:NU and IDX:BBRI. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
