Property management software market set to grow rapidly, driven by real estate sector expansion

From GlobeNewswire: 2025-07-01 10:05:00

The global property management software market is valued at USD 27.95 Billion in 2025 and expected to reach USD 54.16 Billion by 2032, with a CAGR of 9.9%. Growth is fueled by the demand for operational efficiency and adoption of AI and IoT technologies in property management.

Key takeaways include the dominance of the software segment, on-premises deployment mode, and property managers as the main end users. North America’s market size is projected to reach USD 10.22 Billion in 2025, with Asia Pacific seeing rapid growth due to urbanization.

The real estate sector’s growth is driving the property management software market, with increased demand for digital tools to streamline operations. Property management software enables automation of rental property management, contributing to market growth alongside real estate expansion.

Concerns over data security and high initial costs may limit market growth, especially for small and medium-sized property managers. Cloud-based solutions are gaining popularity, offering scalability and real-time updates, creating growth opportunities in the market.

AI is transforming the property management software market by enhancing automation, decision-making, and customer service. Companies are incorporating AI tools into their solutions, like RealPage’s Lumina AI Workforce, to automate tasks and provide real-time insights.

Emerging trends in the property management software market include the integration of AI, IoT, and data analytics, and the demand for mobile-friendly solutions. Leading vendors are focusing on advanced features to enhance tenant satisfaction and drive market growth.

Notable events impacting the property management software market include the EU’s AI Act implementation, AWS outage leading to sovereign cloud adoption, and China’s real estate stimulus package boosting demand in Asia-Pacific. Companies like IBM, RealPage, and Microsoft are key players in the market.

Recent developments include AppFolio’s innovations at NAA Apartmentalize 2025, MagicDoor’s AI-Native platform launch, and Planon’s Real Estate Management for SAP S/4HANA solution. Segmentation of the market includes components, deployment modes, end users, and regions for comprehensive analysis.



Read more at GlobeNewswire: Property Management Software Market Poised for Growth,