Global Property Management Market Trends and Forecast – A Strategic Analysis
Webersnits06 May, 2025News
The global property management market is projected to grow at a compound annual growth rate (CAGR) of 8.3% through 2030, reaching USD 42.78 billion, up from an estimated USD 26.49 billion in 2024. This growth is primarily driven by the increasing preference for renting over buying homes, influenced by rising housing costs and shifting demographic trends. Moreover, the adoption of smart technologies and the Internet of Things (IoT) is transforming property management, improving energy efficiency, security, and tenant engagement. Additionally, the rise of remote work has heightened the need for remote management solutions, enabling property managers to efficiently oversee multiple properties without being physically present.
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