U.S. Property Management Software Market Size & Outlook
U.S. property management software market, 2018-2030 (US$M)
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U.S. property management software market highlights
- The U.S. property management software market generated a revenue of USD 1,536.4 million in 2023 and is expected to reach USD 2,502.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7.2% 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 1,536.4 million |
| Market revenue in 2030 | USD 2,502.0 million |
| Growth rate | 7.2% (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, U.S. accounted for 32.9% 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 North America, U.S. property management software market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,040.9 million by 2030.
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Property Management Software Market Scope
Property Management Software Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 61.06% in 2023. Horizon Databook has segmented the U.S. property management software market based on cloud, on-premise covering the revenue growth of each sub-segment from 2018 to 2030.
The property management software market in the U.S. is experiencing significant growth due to several key factors that have reshaped the industry landscape. The increasing complexity of managing properties, coupled with a rise in the number of rental properties and housing units, has created a demand for efficient and streamlined solutions.
Property managers are seeking software that can automate tasks such as rent collection, maintenance requests, and lease management, saving time and reducing human error.
Moreover, technological advancements and the widespread adoption of cloud-based solutions have allowed property management software providers to offer affordable and easily accessible solutions for a broader range of property owners and managers.
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Target buyers of U.S. 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 U.S. property management software market , including forecasts for subscribers. This country databook contains high-level insights into U.S. property management software market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. property management software market size, by deployment, 2018-2030 (US$M)
U.S. Property Management Software Market Outlook Share, 2023 & 2030 (US$M)
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