Why the Property Management Software Market Is Booming Globally

Fri, 16 May 2025 11:46:43 +0000

The global property management software (PMS) market is expected to reach USD 9.68 billion by 2030, growing at a compound annual growth rate (CAGR) of 8.9% from 2024 to 2030, as indicated by a recent report from Grand View Research, Inc. This growth is primarily driven by several key factors, including the widespread adoption of Software as a Service (SaaS) solutions for enhanced accessibility and efficiency, the implementation of centralized management systems for improved task coordination, and the delivery of enhanced tenant services aimed at more efficient issue resolution.