North America Property Management Software Market Size & Outlook
North America property management software market, 2018-2030 (US$M)
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North America property management software market highlights
- The North America property management software market generated a revenue of USD 2,104.9 million in 2023.
- The market is expected to grow at a CAGR of 7.7% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,104.9 million |
| Market revenue in 2030 | USD 3,542.8 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Cloud |
| Fastest growing segment | Cloud |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, North America region accounted for 45.1% of the global property management software market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,422.9 million by 2030.
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Property Management Software Market Scope
Property Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 60.76% in 2023. Horizon Databook has segmented the North America property management software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
North America is at the forefront of property management software adoption owing to several factors. Firstly, the region's real estate industry is highly developed, comprising a wide range of residential and commercial properties.
As property portfolios expand, the need for efficient management solutions becomes paramount, spurring the demand for advanced software systems. Moreover, North America's business culture fosters a strong inclination toward embracing technological advancements in various sectors.
Property owners and managers are quick to recognize the benefits of automation, streamlined processes, and data-driven insights offered by property management software, making it an ideal solution for enhancing operations. Data-driven decision-making has become a key driver of success for businesses across industries, including property management.
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Target buyers of North America 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 continent-level data and insights on the North America property management software market , including forecasts for subscribers. This continent databook contains high-level insights into North America property management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America property management software market size, by country, 2018-2030 (US$M)
North America Property Management Software Market Outlook Share, 2023 & 2030 (US$M)
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