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North America Tenant Billing Software Market Size, Share & Trends Analysis Report By Deployment (Cloud and On-Premise), By Application, By Country and Growth Forecast, 2025 - 2032

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    Report

  • 64 Pages
  • April 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6077231
The North America Tenant Billing Software Market is expected to witness market growth of 7.9% CAGR during the forecast period (2025-2032).

The US market dominated the North America Tenant Billing Software Market by country in 2024, and is expected to continue to be a dominant market till 2032; thereby, achieving a market value of $174.3 Million by 2032. The Canada market is experiencing a CAGR of 9.7% during 2025-2032. Additionally, the Mexico market is expected to exhibit a CAGR of 9.6% during 2025-2032.



This market is emerging as a pivotal part of the digital transformation of the real estate and property management sectors. With the rise of complex multi-tenant buildings, shared spaces, and smart properties, manual and fragmented billing methods have become increasingly inefficient and prone to error.

In addition, tenant billing software is utilized across various real estate settings, offering applications that help streamline operational complexity and ensure accurate financial tracking. The software automates monthly rent calculations in residential properties, such as apartment complexes and condominiums, and allocates shared utility usage, such as water, electricity, and internet.

The market in North America is experiencing robust growth, driven by dynamic real estate trends, rising investments in building construction, and increasing tenant populations across the United States, Canada, and Mexico. These regional factors are contributing to the demand for efficient, digital billing solutions that streamline the management of utility usage, rent, and maintenance charges in multi-tenant residential and commercial properties. As housing affordability, urban development, and infrastructure investments rise across North America, so does the need for advanced tenant billing systems to enhance transparency, operational efficiency, and tenant satisfaction. In the United States, data from the Census Bureau shows that over 21 million renter households - nearly 50% of all renters - spent more than 30% of their income on housing in 2023. This high rent burden underscores a critical need for cost transparency and efficient management of housing-related expenses. Tenant billing software plays a pivotal role in this landscape by providing itemized billing for utilities and shared services, helping renters understand exactly what they’re paying for. In conclusion, market in North America is benefiting from a combination of real estate growth, housing affordability challenges, and increased investment in construction.

List of Key Companies Profiled

  • Yardi Systems, Inc.
  • Buildium
  • DoorLoop
  • AppFolio, Inc.
  • MRI Software LLC
  • Honeywell International, Inc.
  • Rentvine
  • Utility Management Solutions, Inc.
  • Delmon Solution
  • Optima Energy Systems Ltd.

Market Report Segmentation

By Deployment

  • Cloud
  • On-Premise

By Application

  • Residential
  • Commercial

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Tenant Billing Software Market, by Deployment
1.4.2 North America Tenant Billing Software Market, by Application
1.4.3 North America Tenant Billing Software Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. North America Tenant Billing Software Market by Deployment
4.1 North America Cloud Market by Region
4.2 North America On-Premise Market by Region
Chapter 5. North America Tenant Billing Software Market by Application
5.1 North America Residential Market by Country
5.2 North America Commercial Market by Country
Chapter 6. North America Tenant Billing Software Market by Country
6.1 US Tenant Billing Software Market
6.1.1 US Tenant Billing Software Market by Deployment
6.1.2 US Tenant Billing Software Market by Application
6.2 Canada Tenant Billing Software Market
6.2.1 Canada Tenant Billing Software Market by Deployment
6.2.2 Canada Tenant Billing Software Market by Application
6.3 Mexico Tenant Billing Software Market
6.3.1 Mexico Tenant Billing Software Market by Deployment
6.3.2 Mexico Tenant Billing Software Market by Application
6.4 Rest of North America Tenant Billing Software Market
6.4.1 Rest of North America Tenant Billing Software Market by Deployment
6.4.2 Rest of North America Tenant Billing Software Market by Application
Chapter 7. Company Profiles
7.1 Yardi Systems, Inc.
7.1.1 Company Overview
7.2 Buildium (RealPage)
7.2.1 Company Overview
7.3 DoorLoop
7.3.1 Company Overview
7.4 AppFolio, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Research & Development Expenses
7.5 MRI Software LLC
7.5.1 Company Overview
7.6 Rentvine
7.6.1 Company Overview
7.7 Utility Management Solutions, Inc.
7.7.1 Company Overview
7.8 Delmon Solution
7.8.1 Company Overview
7.9 Honeywell International, Inc.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. Optima Energy Systems Ltd.
7.10.1 Company Overview

Companies Mentioned

  • Yardi Systems, Inc.
  • Buildium
  • DoorLoop
  • AppFolio, Inc.
  • MRI Software LLC
  • Honeywell International, Inc.
  • Rentvine
  • Utility Management Solutions, Inc.
  • Delmon Solution
  • Optima Energy Systems Ltd.

Methodology

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