Global Property Management Services Market 2025-2035
Description
Property Management Services Market Size, Share & Trends Analysis Report by Services (Mortgage & Utility Payment, Rent Collection, Legal & Accounting Services, Leasing, and Repair & Maintenance), by Application (Residential, and Commercial), and by End-User (Housing Associations, Property Managers/Agents, Property Investors, and Others) Forecast Period (2025-2035)
Industry Overview
Property management service market, estimated at $27.2 billion in 2024, is projected to reach $67.8 billion, growing at a CAGR of 8.7% during the forecast period (2025–2035). The growth of urbanization and the rising demand for property management services are driving the expansion of the property management services market. More and more property owners and real estate investors are choosing to outsource everyday operations such as maintenance, leasing, and financial reporting to external service providers. A significant factor behind this trend is the advancement of technology. The implementation of cloud-based platforms, mobile applications, and data analytics tools allows managers to effectively track property performance, respond more quickly, and enhance the tenant experience. For instance, in March 2025, Entrata announced significant updates that automate property management, streamline operations within a diverse portfolio, and enhance the resident experience. Introduced larger AI offerings, such as new commercial and manufactured housing tools, and increased resident rewards where citizen renters join Homebody Rewards.
Market Dynamics
Residential Segment holds the Largest Share of the Global Property Management Service Market
The residential segment dominates the property management services market due to the growing number of young renters, along with the rapid urbanization is significantly shaping housing demand and rental market dynamics, increasing the availability of property management services, and the rising culture of outsourcing property-related activities. Services such as rent collection, maintenance, leasing, and tenant management are in high demand, especially among individual landlords and housing associations. Average UK monthly private rents increased by 7.0%, to $1,713, in the 12 months to May 2025. Furthermore, average rents increased to $1,783 (7.1%) in England, $1,023 (8.5%) in Wales, and $1,279 (4.5%) in Scotland in the 12 months to May 2025. The complexity of residential regulations and the rise of build-to-rent developments further boost the need for professional property management in this segment.
Leasing holds a considerable share of the Property Management Services Market Growth.
Leasing is a fundamental component of property management services as it streamlines the process of finding, screening, and securing tenants, which directly impacts occupancy rates and rental income. Integrated leasing and management services also create seamless communication and accountability between teams, resulting in smoother tenant transitions, more efficient maintenance responses, and quicker lease negotiations or renewals. Property leasing management can optimize rent collection, reduce vacancies, and enhance tenant satisfaction, allowing property owners the freedom to focus on other priorities. According to the Property Rental Income Statistics 2024, it is estimated that 2.84 million unincorporated landlords reported receiving rental income between 2022 and 2023.
Market Segmentation
The trade tariffs implemented by the U.S. administration in February 2025 are impacting the property management services market, particularly concerning the supply chain for building system requirements and maintenance components. Key trade partners such as Canada, Mexico, and China must now contend with increased tariffs. Chinese imports face a threefold tax, while goods from Canada and Mexico are subject to a 25% tariff. These countries collectively provide a significant portion of the materials and equipment used in managing properties in the U.S., especially in the areas of HVAC (heating, ventilation, and air conditioning), building maintenance, and rehabilitation work.
Therefore, property management companies are facing rising prices of imported products and parts, which result in higher operational costs and potential delays in repairs or renovations. This significantly impacts property management services in America, which depend heavily on imported parts. This means that property owners and managers might end up paying higher expenses, operating with reduced profitability, and facing difficulties with quality of service, and this affects tenants and the real estate market as a whole.
Regional Outlook
The global property management services market is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
North America Dominates the Global Market
North America, particularly the United States, has the major market share in property management services, and it is facilitated by the mature industry ecosystem consisting of well-established service providers, highly advanced technology solutions, and well-developed industry associations. The population mobility and the high urbanization rate have created a high demand for rental housing in the region, which poses huge opportunities to property management firms, especially to serve absentee owners. North American companies are the pioneers of the utilization of cloud-based software, automation, and a resident portal, which facilitate operations and improve communication and resident services. Furthermore, the area is characterized by meticulous law, covering the rights of tenants and maintenance of properties, and it is possible to state that property management companies can make sure that these laws are observed and can reduce risks to property owners.
Market Players Outlook
The major companies operating in the global property management services market include BXP Inc., Cushman & Wakefield, Debenham Tie Leung Ltd., Jones Lang LaSalle Inc., Prologis Inc., and Yardi Systems Inc., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
Industry Overview
Property management service market, estimated at $27.2 billion in 2024, is projected to reach $67.8 billion, growing at a CAGR of 8.7% during the forecast period (2025–2035). The growth of urbanization and the rising demand for property management services are driving the expansion of the property management services market. More and more property owners and real estate investors are choosing to outsource everyday operations such as maintenance, leasing, and financial reporting to external service providers. A significant factor behind this trend is the advancement of technology. The implementation of cloud-based platforms, mobile applications, and data analytics tools allows managers to effectively track property performance, respond more quickly, and enhance the tenant experience. For instance, in March 2025, Entrata announced significant updates that automate property management, streamline operations within a diverse portfolio, and enhance the resident experience. Introduced larger AI offerings, such as new commercial and manufactured housing tools, and increased resident rewards where citizen renters join Homebody Rewards.
Market Dynamics
Residential Segment holds the Largest Share of the Global Property Management Service Market
The residential segment dominates the property management services market due to the growing number of young renters, along with the rapid urbanization is significantly shaping housing demand and rental market dynamics, increasing the availability of property management services, and the rising culture of outsourcing property-related activities. Services such as rent collection, maintenance, leasing, and tenant management are in high demand, especially among individual landlords and housing associations. Average UK monthly private rents increased by 7.0%, to $1,713, in the 12 months to May 2025. Furthermore, average rents increased to $1,783 (7.1%) in England, $1,023 (8.5%) in Wales, and $1,279 (4.5%) in Scotland in the 12 months to May 2025. The complexity of residential regulations and the rise of build-to-rent developments further boost the need for professional property management in this segment.
Leasing holds a considerable share of the Property Management Services Market Growth.
Leasing is a fundamental component of property management services as it streamlines the process of finding, screening, and securing tenants, which directly impacts occupancy rates and rental income. Integrated leasing and management services also create seamless communication and accountability between teams, resulting in smoother tenant transitions, more efficient maintenance responses, and quicker lease negotiations or renewals. Property leasing management can optimize rent collection, reduce vacancies, and enhance tenant satisfaction, allowing property owners the freedom to focus on other priorities. According to the Property Rental Income Statistics 2024, it is estimated that 2.84 million unincorporated landlords reported receiving rental income between 2022 and 2023.
Market Segmentation
- Based on the services, the market is segmented into mortgage & utility payment, rent collection, legal & accounting services, leasing, and repair & maintenance.
- Based on the application, the market is segmented into residential and commercial.
- Based on the end-user, the market is segmented into housing associations, property managers/agents, property investors, and others.
The trade tariffs implemented by the U.S. administration in February 2025 are impacting the property management services market, particularly concerning the supply chain for building system requirements and maintenance components. Key trade partners such as Canada, Mexico, and China must now contend with increased tariffs. Chinese imports face a threefold tax, while goods from Canada and Mexico are subject to a 25% tariff. These countries collectively provide a significant portion of the materials and equipment used in managing properties in the U.S., especially in the areas of HVAC (heating, ventilation, and air conditioning), building maintenance, and rehabilitation work.
Therefore, property management companies are facing rising prices of imported products and parts, which result in higher operational costs and potential delays in repairs or renovations. This significantly impacts property management services in America, which depend heavily on imported parts. This means that property owners and managers might end up paying higher expenses, operating with reduced profitability, and facing difficulties with quality of service, and this affects tenants and the real estate market as a whole.
Regional Outlook
The global property management services market is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
North America Dominates the Global Market
North America, particularly the United States, has the major market share in property management services, and it is facilitated by the mature industry ecosystem consisting of well-established service providers, highly advanced technology solutions, and well-developed industry associations. The population mobility and the high urbanization rate have created a high demand for rental housing in the region, which poses huge opportunities to property management firms, especially to serve absentee owners. North American companies are the pioneers of the utilization of cloud-based software, automation, and a resident portal, which facilitate operations and improve communication and resident services. Furthermore, the area is characterized by meticulous law, covering the rights of tenants and maintenance of properties, and it is possible to state that property management companies can make sure that these laws are observed and can reduce risks to property owners.
Market Players Outlook
The major companies operating in the global property management services market include BXP Inc., Cushman & Wakefield, Debenham Tie Leung Ltd., Jones Lang LaSalle Inc., Prologis Inc., and Yardi Systems Inc., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
- In May 2025, Lincoln Property Company disclosed the tactical investment in Unire Real Estate Group, which is a third-party prime real estate property direction and store administration company in Brea, California. The investment will increase the amount of industrial and office space managed by Lincoln by 60 million square feet across more than 300 properties. This expansion will serve 700 tenants, making Lincoln the largest property manager in Southern California.
- In May 2025, Casago reported that it had fortified its acquisition of Vacasa, Inc., a vacation property management system in North America. This landmark deal between the two companies intends to merge the complementary areas in the marketplace of these two brands to establish an industry leader that operates more than 40,000 properties in North America, Belize, Costa Rica, and the Caribbean.
- In January 2025, Evernest bought Poplar Homes, based in Cupertino, Calif. It is the largest acquisition made by Evernest to date, offering the tech-enabled property management system with a nationwide presence and enlarging the management portfolio of the company to almost 23,000 units in over 50 markets.
- Market value data analysis of 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global property management services market. Based on the availability of data, information related to new products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
Table of Contents
190 Pages
- 1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Global Property Management Service Market Sales Analysis – Services | Application | End-User ($ Million)
- Property Management Service Market Sales Performance of Top Countries
- 1.1. Research Methodology
- Primary Research Approach
- Secondary Research Approach
- 1.2. Market Snapshot
- 2. Market Overview and Insights
- 2.1. Scope of the Study
- 2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Property Management Service Trends
- 2.2.2. Market Recommendations
- 3. Market Determinants
- 3.1. Market Drivers
- 3.1.1. Drivers For Global Property Management Service Market: Impact Analysis
- 3.2. Market Pain Points and Challenges
- 3.2.1. Restraints For Global Property Management Service Market: Impact Analysis
- 3.3. Market Opportunities
- 3.3.1. Opportunities For Global Property Management Service Market: Impact Analysis
- 4. Competitive Landscape
- 4.1. Competitive Dashboard – Property Management Service Market Revenue and Share by Manufacturers
- Property Management Service Product Comparison Analysis
- Top Market Player Ranking Matrix
- 4.2. Key Company Analysis
- 4.2.1. BXP, Inc.
- 4.2.1.1. Overview
- 4.2.1.2. Product Portfolio
- 4.2.1.3. Financial Analysis (Subject to Data Availability)
- 4.2.1.4. SWOT Analysis
- 4.2.1.5. Business Strategy
- 4.2.2. CCushman & Wakefield Debenham Tie Leung Ltd.
- 4.2.2.1. Overview
- 4.2.2.2. Product Portfolio
- 4.2.2.3. Financial Analysis (Subject to Data Availability)
- 4.2.2.4. SWOT Analysis
- 4.2.2.5. Business Strategy
- 4.2.3. JJones Lang LaSalle Inc.
- 4.2.3.1. Overview
- 4.2.3.2. Product Portfolio
- 4.2.3.3. Financial Analysis (Subject to Data Availability)
- 4.2.3.4. SWOT Analysis
- 4.2.3.5. Business Strategy
- 4.2.4. Prologis Inc.
- 4.2.4.1. Overview
- 4.2.4.2. Product Portfolio
- 4.2.4.3. Financial Analysis (Subject to Data Availability)
- 4.2.4.4. SWOT Analysis
- 4.2.4.5. Business Strategy
- 4.2.5. YYardi Systems Inc.
- 4.2.5.1. Overview
- 4.2.5.2. Product Portfolio
- 4.2.5.3. Financial Analysis (Subject to Data Availability)
- 4.2.5.4. SWOT Analysis
- 4.2.5.5. Business Strategy
- 4.3. Top Winning Strategies by Market Players
- 4.3.1. Merger and Acquisition
- 4.3.2. Product Launch
- 4.3.3. Partnership And Collaboration
- 5. Global Property Management Service Market Sales Analysis by Services ($ Million)
- 5.1. Mortgage & Utility Payment
- 5.2. Rent Collection
- 5.3. Legal & Accounting Services
- 5.4. Leasing
- 5.5. Repair & Maintenance
- 6. Global Property Management Service Market Sales Analysis by Application ($ Million)
- 6.1. Residential
- 6.2. Commercial
- 7. Global Property Management Service Market Sales Analysis by End-User ($ Million)
- 7.1. Housing Associations
- 7.2. Property Managers/Agents
- 7.3. Property Investors
- 7.4. Others
- 8. Regional Analysis
- 8.1. North American Property Management Service Market Sales Analysis – Services | Application | End-User ($ Million)
- Macroeconomic Factors for North America
- 8.1.1. United States
- 8.1.2. Canada
- 8.2. European Property Management Service Market Sales Analysis – Services | Application | End-User ($ Million)
- Macroeconomic Factors for Europe
- 8.2.1. UK
- 8.2.2. Germany
- 8.2.3. Italy
- 8.2.4. Spain
- 8.2.5. France
- 8.2.6. Russia
- 8.2.7. Rest of Europe
- 8.3. Asia-Pacific Property Management Service Market Sales Analysis – Services | Application | End-User ($ Million)
- Macroeconomic Factors for Asia-Pacific
- 8.3.1. China
- 8.3.2. Japan
- 8.3.3. South Korea
- 8.3.4. India
- 8.3.5. Australia & New Zealand
- 8.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
- 8.3.7. Rest of Asia-Pacific
- 8.4. Rest of the World Property Management Service Market Sales Analysis – Services | Application | End-User ($ Million)
- Macroeconomic Factors for Rest of the World
- 8.4.1. Latin America
- 8.4.2. Middle East and Africa
- 9. Company Profiles
- 9.1. BHH Affiliates, LLC
- 9.1.1. Quick Facts
- 9.1.2. Company Overview
- 9.1.3. Product Portfolio
- 9.1.4. Business Strategies
- 9.2. BXP, Inc.
- 9.2.1. Quick Facts
- 9.2.2. Company Overview
- 9.2.3. Product Portfolio
- 9.2.4. Business Strategies
- 9.3. BOOM Properties LLC
- 9.3.1. Quick Facts
- 9.3.2. Company Overview
- 9.3.3. Product Portfolio
- 9.3.4. Business Strategies
- 9.4. Cortland
- 9.4.1. Quick Facts
- 9.4.2. Company Overview
- 9.4.3. Product Portfolio
- 9.4.4. Business Strategies
- 9.5. Cushman & Wakefield Debenham Tie Leung Ltd.
- 9.5.1. Quick Facts
- 9.5.2. Company Overview
- 9.5.3. Product Portfolio
- 9.5.4. Business Strategies
- 9.6. Eugene Burger Management Corp.
- 9.6.1. Quick Facts
- 9.6.2. Company Overview
- 9.6.3. Product Portfolio
- 9.6.4. Business Strategies
- 9.7. Greystar Worldwide, LLC
- 9.7.1. Quick Facts
- 9.7.2. Company Overview
- 9.7.3. Product Portfolio
- 9.7.4. Business Strategies
- 9.8. HappyCo, Inc.
- 9.8.1. Quick Facts
- 9.8.2. Company Overview
- 9.8.3. Product Portfolio
- 9.8.4. Business Strategies
- 9.9. Healy Property Management
- 9.9.1. Quick Facts
- 9.9.2. Company Overview
- 9.9.3. Product Portfolio
- 9.9.4. Business Strategies
- 9.10. Hines Group
- 9.10.1. Quick Facts
- 9.10.2. Company Overview
- 9.10.3. Product Portfolio
- 9.10.4. Business Strategies
- 9.11. HIVE Property Management
- 9.11.1. Quick Facts
- 9.11.2. Company Overview
- 9.11.3. Product Portfolio
- 9.11.4. Business Strategies
- 9.12. Hughes Group
- 9.12.1. Quick Facts
- 9.12.2. Company Overview
- 9.12.3. Product Portfolio
- 9.12.4. Business Strategies
- 9.13. Jones Lang LaSalle Inc.
- 9.13.1. Quick Facts
- 9.13.2. Company Overview
- 9.13.3. Product Portfolio
- 9.13.4. Business Strategies
- 9.14. Matterport, Inc.
- 9.14.1. Quick Facts
- 9.14.2. Company Overview
- 9.14.3. Product Portfolio
- 9.14.4. Business Strategies
- 9.15. Mynd Management, Inc.
- 9.15.1. Quick Facts
- 9.15.2. Company Overview
- 9.15.3. Product Portfolio
- 9.15.4. Business Strategies
- 9.16. Nexus Property Management
- 9.16.1. Quick Facts
- 9.16.2. Company Overview
- 9.16.3. Product Portfolio
- 9.16.4. Business Strategies
- 9.17. Ohmyhome Property Management
- 9.17.1. Quick Facts
- 9.17.2. Company Overview
- 9.17.3. Product Portfolio
- 9.17.4. Business Strategies
- 9.18. Prologis, Inc.
- 9.18.1. Quick Facts
- 9.18.2. Company Overview
- 9.18.3. Product Portfolio
- 9.18.4. Business Strategies
- 9.19. PURE Property Management LLC
- 9.19.1. Quick Facts
- 9.19.2. Company Overview
- 9.19.3. Product Portfolio
- 9.19.4. Business Strategies
- 9.20. Royal York Property Management Franchising, Inc.
- 9.20.1. Quick Facts
- 9.20.2. Company Overview
- 9.20.3. Product Portfolio
- 9.20.4. Business Strategies
- 9.21. Savills plc
- 9.21.1. Quick Facts
- 9.21.2. Company Overview
- 9.21.3. Product Portfolio
- 9.21.4. Business Strategies
- 9.22. Square Yards Group
- 9.22.1. Quick Facts
- 9.22.2. Company Overview
- 9.22.3. Product Portfolio
- 9.22.4. Business Strategies
- 9.23. Vacasa LLC
- 9.23.1. Quick Facts
- 9.23.2. Company Overview
- 9.23.3. Product Portfolio
- 9.23.4. Business Strategies
- 9.24. Yardi Systems Inc.
- 9.24.1. Quick Facts
- 9.24.2. Company Overview
- 9.24.3. Product Portfolio
- 9.24.4. Business Strategies
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