UK Property Management Software Market Size & Outlook
UK property management software market, 2018-2030 (US$M)
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UK property management software market highlights
- The UK property management software market generated a revenue of USD 322.9 million in 2023 and is expected to reach USD 644.3 million by 2030.
- The UK market is expected to grow at a CAGR of 10.4% 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 322.9 million |
| Market revenue in 2030 | USD 644.3 million |
| Growth rate | 10.4% (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, UK accounted for 6.9% 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 Europe, UK property management software market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 644.3 million by 2030.
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Property Management Software Market Scope
Property Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 60.98% in 2023. Horizon Databook has segmented the UK property management software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.K., the adoption of property management software has witnessed significant growth, driven by factors such as the rise in people’s migration to the country. For instance, as per the data published by the Office of National Statistics, Notably, the initial 2021 figure has been revised upward, from 895,000 to 942,000, indicating a higher influx of long-term migrants into the country than previously reported.
With a surge in individuals seeking employment, education, and a better quality of life, the demand for rental properties and housing units has increased, leading to a need for efficient property management solutions.
As property portfolios expand to accommodate this growing population, property managers are increasingly turning to software solutions that streamline operations, automate tasks, and enhance overall efficiency.
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Target buyers of UK 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 UK property management software market , including forecasts for subscribers. This country databook contains high-level insights into UK property management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK property management software market size, by deployment, 2018-2030 (US$M)
UK Property Management Software Market Outlook Share, 2023 & 2030 (US$M)
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