NEW YORK, June 21, 2023 /PRNewswire/ — The global property management software market size is estimated to grow by USD 49.45 billion from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 2.73% during the forecast period. North America is estimated to account for 35% of the global market growth. The regional growth is attributed to factors such as the growing investment in smart city infrastructure, increasing investment in the retail sector, and urbanization. Owing to the early adoption of technologies such as software-based services, the regional market is technologically mature. Hence, such factors drive market growth in the region during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) – Request a sample report

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Property Management Software Market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on application (construction and real estate, government, retail, hospitality, and others), deployment (cloud-based and on-premise), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The market share growth by the construction and real estate segment will be significant for overall market growth during the forecast period. The growth can be attributed to the growing investments in smart city projects and smart parking infrastructure, as well as the growing investments in the development of commercial areas and commercial areas. Furthermore, the demand for property management software is increasing in the region due to the need to accommodate a large number of workers who are moving from their hometowns to emerging cities in the APAC region. Thus, the cloud-based segment is expected to grow during the forecast period.

Insights on the market contribution of various segments, including country and region wise historic data (2017 to 2021), and forecast market size (2023 to 2027) – Download a Sample Report

Property Management Software Market – Market Dynamics

Key factor driving market growth

The adherence to industry and government regulations for property listings notably drive PMS Market growth. Owing to the rising security concerns regarding data security and physical security, several regulations need to be met before a real estate deal is closed.

Furthermore, various rental and leasing laws are made compulsory by state governments, local authorities, and commissions. Hence, with the adherence of property management to industry and government regulations for property listings, the global property management market is expected to witness growth during the forecast period.

Leading trends influencing the market 

Smart contracts based on the blockchain ecosystem are an emerging trend in the PMS Market. It allows digital information to be shared across a network, and the technology makes transactions and information exchange faster and more secure. Furthermore, the most visible future trends in the real estate industry for startup companies is real estate tokenization. 

Several landlords accept rent and pay taxes with bitcoins. For instance, Ohio recently became the first state to accept Bitcoin as a form of taxation. Hence, the integration of property management software with blockchain makes the software more secure, which in turn propels the growth of the property management market during the forecast period.

Major challenges hindering the market growth

Changing skill requirements for the adoption of emerging technologies may hinder market growth. Advanced technologies, such as artificial intelligence, chatbots, and machine learning, which can increase customer satisfaction are being introduced in the market. This is used because it involves the customer in the management process as well as to help decrease the time taken to solve various problems, keeping the customer well informed.

But the right skills and expertise are required to understand and use such advanced technologies. Instead of the help of experts who have hands-on experience in such technologies, property managers will not be able to utilize the technologies efficiently. Hence, the changing skill requirements for the adoption of emerging technologies are expected to negatively affect the global property management market during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Property Management Software Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the Property Management Software Market between 2023 and 2027
• Precise estimation of the size of the Property Management Software Market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the Property Management Software Market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of Property Management Software Market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global property management software market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on global property management software market 2017 – 2021 ($ million)

• 4.2 Deployment Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Deployment Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments
• Exhibit 30: Chart on Deployment – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment – Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 Cloud-based – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Cloud-based – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Cloud-based – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Cloud-based – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Cloud-based – Year-over-year growth 2022-2027 (%)

• 6.4 On-premise – Market size and forecast 2022-2027 
• Exhibit 38: Chart on On-premise – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on On-premise – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on On-premise – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on On-premise – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)
• Exhibit 43: Data Table on Market opportunity by Deployment ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 44: Chart on Application – Market share 2022-2027 (%)
• Exhibit 45: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 46: Chart on Comparison by Application
• Exhibit 47: Data Table on Comparison by Application

• 7.3 Residential – Market size and forecast 2022-2027 
• Exhibit 48: Chart on Residential – Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Residential – Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Residential – Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Residential – Year-over-year growth 2022-2027 (%)

• 7.4 Commercial – Market size and forecast 2022-2027 
• Exhibit 52: Chart on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Commercial – Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Commercial – Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Commercial – Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 56: Market opportunity by Application ($ million)
• Exhibit 57: Data Table on Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 63: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 Europe – Market size and forecast 2022-2027 
• Exhibit 67: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.5 APAC – Market size and forecast 2022-2027 
• Exhibit 71: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 75: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 83: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 87: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 UK – Market size and forecast 2022-2027 
• Exhibit 91: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.11 Germany – Market size and forecast 2022-2027 
• Exhibit 95: Chart on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.12 Canada – Market size and forecast 2022-2027 
• Exhibit 99: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 Accruent
• Exhibit 111: Accruent – Overview
• Exhibit 112: Accruent – Product / Service
• Exhibit 113: Accruent – Key offerings

• 12.4 AppFolio Inc.
• Exhibit 114: AppFolio Inc. – Overview
• Exhibit 115: AppFolio Inc. – Product / Service
• Exhibit 116: AppFolio Inc. – Key offerings

• 12.5 Console Australia Pty Ltd. 
• Exhibit 117: Console Australia Pty Ltd. – Overview
• Exhibit 118: Console Australia Pty Ltd. – Product / Service
• Exhibit 119: Console Australia Pty Ltd. – Key offerings

• 12.6 Entrata Inc.
• Exhibit 120: Entrata Inc. – Overview
• Exhibit 121: Entrata Inc. – Product / Service
• Exhibit 122: Entrata Inc. – Key offerings

• 12.7 LCS
• Exhibit 123: LCS – Overview
• Exhibit 124: LCS – Product / Service
• Exhibit 125: LCS – Key offerings

• 12.8 MRI Software LLC
• Exhibit 126: MRI Software LLC – Overview
• Exhibit 127: MRI Software LLC – Product / Service
• Exhibit 128: MRI Software LLC – Key offerings

• 12.9 Nemetschek SE
• Exhibit 129: Nemetschek SE – Overview
• Exhibit 130: Nemetschek SE – Business segments
• Exhibit 131: Nemetschek SE – Key offerings
• Exhibit 132: Nemetschek SE – Segment focus

• 12.10 Oracle Corp.
• Exhibit 133: Oracle Corp. – Overview
• Exhibit 134: Oracle Corp. – Business segments
• Exhibit 135: Oracle Corp. – Key news
• Exhibit 136: Oracle Corp. – Key offerings
• Exhibit 137: Oracle Corp. – Segment focus

• 12.11 Property Boulevard Inc. 
• Exhibit 138: Property Boulevard Inc. – Overview
• Exhibit 139: Property Boulevard Inc. – Product / Service
• Exhibit 140: Property Boulevard Inc. – Key offerings

• 12.12 Property Matrix
• Exhibit 141: Property Matrix – Overview
• Exhibit 142: Property Matrix – Product / Service
• Exhibit 143: Property Matrix – Key offerings

• 12.13 Quicken Inc.
• Exhibit 144: Quicken Inc. – Overview
• Exhibit 145: Quicken Inc. – Product / Service
• Exhibit 146: Quicken Inc. – Key offerings

• 12.14 RealPage Inc.
• Exhibit 147: RealPage Inc. – Overview
• Exhibit 148: RealPage Inc. – Product / Service
• Exhibit 149: RealPage Inc. – Key offerings

• 12.15 Rentec Direct
• Exhibit 150: Rentec Direct – Overview
• Exhibit 151: Rentec Direct – Product / Service
• Exhibit 152: Rentec Direct – Key offerings

• 12.16 ResMan LLC
• Exhibit 153: ResMan LLC – Overview
• Exhibit 154: ResMan LLC – Product / Service
• Exhibit 155: ResMan LLC – Key offerings

• 12.17 Yardi Systems Inc.
• Exhibit 156: Yardi Systems Inc. – Overview
• Exhibit 157: Yardi Systems Inc. – Product / Service
• Exhibit 158: Yardi Systems Inc. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 159: Inclusions checklist
• Exhibit 160: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 161: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 162: Research methodology
• Exhibit 163: Validation techniques employed for market sizing
• Exhibit 164: Information sources

• 13.5 List of abbreviations 
• Exhibit 165: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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