What are the recent trends in market size and growth for the property management market?
The property management market size has grown strongly in recent years. It will grow from $21.17 billion in 2024 to $23.21 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to rising urbanization, demand for rental properties, economic cycles, legislative changes, increasing demographic shifts, and social and cultural changes.
The property management market size is expected to see strong growth in the next few years. It will grow to $33.11 billion in 2029 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to Increasing tenant relations, lease administration, environmental considerations, rise of remote work, and rising property inspections. Major trends in the forecast period include data analytics, predictive insights, remote property management, flexible lease structures, smart buildings, IoT integration, and affordable housing solutions.
Get Your Free Sample of The Global Property Management Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14781&type=smp
What key drivers have fueled the property management market’s development over the years?
Rising real estate investments are expected to propel the growth of the property management market going forward. Real estate investment refers to the acquisition, ownership, management, rental, or sale of real estate for profit. It can involve various types of properties, including residential, commercial, industrial, or land. Real estate investments are increasing due to low-interest rates, growing demand for property assets, and a favorable economic outlook. As investors diversify their portfolios and capitalize on real estate’s potential returns, they utilize professional property management services to handle day-to-day operations, tenant relations, maintenance, financial management, and maximizing property value. For instance, in June 2024, according to a report published by CBRE Group Inc., a US-based leading real estate company, Since 2022, North American investors have been the primary net investors, with their purchases surpassing sales by more than $10 billion. In Q1 2024, they acquired $3.2 billion in UK real estate, driven by a strong US dollar, while Asian investors also made substantial contributions, with purchases exceeding sales by over $7.5 billion in the same period. Therefore, rising real estate investments are driving the growth of the property management market.
What is the segmentation for the property management market?
The property management market covered in this report is segmented –
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By Application: Residential, Commercial, Other Applications
4) By End-User: Housing Associations, Property Managers And Agents, Property Investors, Other End-Users
Subsegments:
1) By Solutions: Property Management Software, Tenant Management Solutions, Lease Management Solutions, Facility Management Solutions, Accounting And Financial Management Solutions, Maintenance Management Solutions
2) By Services: Property Leasing Services, Maintenance And Repair Services, Property marketing And Advertising Services, Tenant Screening And Recruitment Services, Property Inspection Services, Consulting And Advisory Services
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/property-management-global-market-report
Who are the most influential companies in the property management market?
Major companies operating in the property management market are Vanke Co. Ltd., International Business Machines Corporation, Evergrande Group, SAP SE, Jones Lang LaSalle Incorporated, Poly Property Group Co. Ltd., Colliers International Group Inc., Trimble Inc., Mapletree Investments Pte Ltd., Savills Singapore Pte Ltd., Yardi Systems Inc., RealPage Inc., AppFolio Inc., Entrata Inc., Southern Management Corporation, Quintessentially Estates Limited, Abacus Group LLC, Lee & Associates Commercial Real Estate Services Inc., Marsh & Parsons Limited, Summit Management Services Inc., Blue Sky Luxury, Archibus Inc., Rhodo Property & Estate Management Services, Rently Inc., Premier Property Management Services, Elda Management Services Inc., Advantage Property Management Services, Alpha Property Management Services LLC, Rosen Management Services, Orchard Block Management Services
What are the top industry trends projected to impact the property management market?
Major companies operating in the property management market are focused on developing advanced technological solutions, such as vacation property management solutions, to help property managers optimize their revenue and occupancy. Vacation property management solutions refer to platforms designed to assist property owners in managing their vacation rental properties efficiently and effectively with a range of tools and features tailored specifically for vacation rental management. For instance, in October 2023, Streamline VRS, a US-based property management software company, launched Streamline One, a revolutionary all-in-one solution designed for property managers in the vacation rental industry. The platform offers a unified solution that includes various components such as property management software, CRM (customer relationship management) and homeowner acquisition, revenue management, payments and guest verification, mobile solutions, insurance, websites and marketing, call solutions, and training resources. This platform offers comprehensive tools to streamline operations and enhance business growth.
What are the major regional insights for the property management market, and which region holds the top position?
North America was the largest region in the property management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the property management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Does The Property Management Market Report 2025 Offer?
The property management market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Property management refers to the operation, control, and oversight of real estate properties, including residential, commercial, and industrial real estate. It involves supervising the daily operations of these properties, handling tasks like maintenance, marketing to tenants, increasing revenue, and ensuring property safety.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14781
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
