India Property Management Software Market Size & Outlook
India property management software market, 2018-2030 (US$M)
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India property management software market highlights
- The India property management software market generated a revenue of USD 142.0 million in 2023 and is expected to reach USD 248.2 million by 2030.
- The India market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, cloud was the largest revenue generating deployment in 2023.
- Cloud is the most lucrative deployment segment registering the fastest growth during the forecast period.
Property management software market data book summary
| Market revenue in 2023 | USD 142.0 million |
| Market revenue in 2030 | USD 248.2 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cloud, On-Premise |
| Key market players worldwide | AppFolio Inc Class A, Zillow Group Inc Class A, ManageCasa, CoreLogic, Console Group, MRI Software, RealPage, Yardi |
Other key industry trends
- In terms of revenue, India accounted for 3.0% of the global property management software market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China property management software market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 501.3 million by 2030.
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Property Management Software Market Scope
Property Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India property management software market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to property management software market will help companies and investors design strategic landscapes.
Cloud was the largest segment with a revenue share of 60.07% in 2023. Horizon Databook has segmented the India property management software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
In India, the adoption of property management software is driven by the government's strategic schemes, particularly the Pradhan Mantri Awas Yojana (PMAY), which aims to provide free home construction for economically disadvantaged individuals.
This monumental initiative has catalyzed a surge in demand for property management solutions. The scale of such housing endeavors, coupled with India's diverse real estate landscape encompassing urban, rural, and affordable housing, necessitates software solutions tailored to effectively manage this spectrum of properties.
In addition, the landscape is bolstered by government initiatives such as the Dharavi redevelopment plan, a substantial undertaking aimed at transforming Asia's second-largest slum into meticulously organized colonies.
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Target buyers of India property management software market databook
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Our clientele includes a mix of property management software market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India property management software market , including forecasts for subscribers. This country databook contains high-level insights into India property management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India property management software market size, by deployment, 2018-2030 (US$M)
India Property Management Software Market Outlook Share, 2023 & 2030 (US$M)
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