Unlocking Potential: The $36.4 Billion Property Management Landscape

Webersnits12 Oct, 2024News

The global Property Management Market size is anticipated to grow at a CAGR of 8.0% during the forecast period, from USD 24.7 billion in 2023 to USD 36.4 billion by 2028, according to a new report by MarketsandMarkets™. Due to various business drivers, the property management market is expected to grow significantly during the forecast period. The market is experiencing significant growth due to the evolving trend of workplace mobility, remote accessibility, and increasing demand for smart building projects and better co-worker spaces. The increasing demand for SaaS-based property management solutions for better scalability drives the market’s growth.