According to a research report “Property Management Market by Offering (Solutions (Facility Management, CRM Software), Services), Ownership, Geographic Location, End User (Commercial, Industrial, Residential, Recreational Marinas), and Region – Global Forecast to 2028″ published by MarketsandMarkets, the property management market is projected to grow from USD 24.7 billion in 2023 to USD 36.4 billion by 2028, at a compound annual growth rate (CAGR) of 8.0% during the forecast period. The property management market is expected to grow significantly during the forecast period, owing to various business drivers like the increasing demand for SaaS-based property management solutions for better scalability, the increasing demand for smart building projects and better co-worker spaces, and the growing trend of workplace mobility and remote accessibility also responsible for driving the market’s growth.
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