Commercial Property Management Market Report 2025

The commercial property management market size has grown strongly in recent years. It will grow from $385.63 billion in 2024 to $413.8 billion in 2025 at a compound annual growth rate (CAGR) of 7.3%. The growth during the historic period is driven by a stronger emphasis on regulatory compliance, increased use of digital property management tools, a rise in multi-tenant commercial properties, growing demand for cost efficiency in building operations, and the expansion of co-working and flexible office spaces.

The commercial property management market size is expected to see strong growth in the next few years. It will grow to $541.07 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period is expected to be fueled by the adoption of AI and automation technologies, the rise of smart building solutions, expanding cloud-based property management platforms, increased demand for real-time data analytics, and a heightened focus on sustainability and green building certifications. Key trends anticipated include advancements in predictive maintenance, development of integrated tenant experience platforms, innovations in virtual property tours, progress in blockchain-enabled lease management, and the creation of centralized energy monitoring systems.

The growing demand for real estate is anticipated to propel the expansion of the commercial property management market in the future. Real estate includes land and fixed structures on it, such as buildings used for residential, commercial, or industrial purposes. This demand is increasing as urbanization intensifies, leading to higher needs for housing and commercial spaces and driving up property values. Commercial property management plays a crucial role in supporting real estate by enhancing property value and operational efficiency through expert management of maintenance, tenant relations, and overall operations. For example, in June 2025, the National Association of Realtors, a US-based real estate trade organization, reported that total existing-home sales reached 4.29 million in 2024, rising from 3.91 million in 2023. This rise in real estate demand is thus contributing to the growth of the commercial property management market.

Leading companies in the commercial property management market are developing sophisticated technologies such as artificial intelligence (AI) agents and page assistants to boost tenant engagement and operational efficiency. AI agents automate various tasks, including tenant communications, maintenance scheduling, and data management, while page assistants improve user interaction by helping navigate digital platforms more easily. For instance, in June 2025, MRI Software, a US-based provider of property technology solutions, introduced MRI Property Management X, an AI-powered platform aimed at optimizing property management activities. This innovation represents a major advancement in property technology, offering real estate professionals intelligent automation for lease management, maintenance processes, and tenant communications, which increases efficiency and supports better decision-making across property portfolios.

In October 2024, Colliers, a diversified professional services and investment management company headquartered in Canada, acquired Colliers Philadelphia for an undisclosed sum. This acquisition is part of Colliers’ strategy to strengthen its leadership in the Philadelphia commercial real estate market by incorporating a team of highly regarded professionals and expanding its range of commercial real estate services. Colliers Philadelphia is a US-based firm specializing in advisory, brokerage, and property management within the commercial real estate sector.

Major players in the commercial property management market are SS&C Technologies Holdings Inc., Colliers International Group Inc., Yardi Systems Inc., RealPage Inc., AppFolio Inc., MRI Software LLC, Altus Group Limited, View The Space, Aareon AG, Buildium LLC, Spacewell International NV, DoorLoop Inc., Re-Leased Software Company Ltd., Property Boulevard Inc., PYA Solutions Inc., TenantCloud Inc., Property Matrix Inc., Rentec Direct LLC, Robert Cole Properties LLC, and Residenso Solutions LLP.

North America was the largest region in the commercial property management market in 2024. The regions covered in commercial property management report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the commercial property management market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the professional services sector, particularly in legal, consulting, architectural, and engineering domains. Higher costs for imported technology, software licenses, office equipment, and digital infrastructure have raised operational expenses for firms reliant on global tools and platforms. International consulting projects are facing delays or cost overruns due to increased travel expenses and restricted access to foreign-sourced data and tools. Additionally, clients in manufacturing, construction, and logistics, heavily affected by tariffs are cutting back on outsourced services, squeezing demand for professional expertise. As a result, service providers are reevaluating pricing structures, expanding domestic supplier relationships, and investing in AI-driven solutions to sustain profitability and client engagement amid economic uncertainty.

Commercial property management refers to the professional handling of properties designated for business use. This includes managing daily operations such as rent collection and lease administration while ensuring the property adheres to legal, financial, and safety standards. The main goal is to maintain the asset's value and provide consistent returns to the owner.

The key service categories in commercial property management are facilities management, tenant management, and financial management. Facilities management focuses on the upkeep and functioning of building systems to guarantee safety, efficiency, compliance, prolong asset lifespan, and enhance the user experience. Property types covered include office buildings, residential properties, commercial spaces, and mixed-use developments. Clients vary from individual property owners to real estate investment trusts (REITs), institutional investors, and corporations. The field employs a range of technologies, from traditional property management methods to cloud-based and integrated property management systems, serving diverse geographic regions such as urban, suburban, rural, and international markets.

The commercial property management market research report is one of a series of new reports that provides commercial property management market statistics, including the commercial property management industry global market size, regional shares, competitors with the commercial property management market share, detailed commercial property management market segments, market trends, and opportunities, and any further data you may need to thrive in the commercial property management industry. This commercial property management market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The commercial property management market consists of revenues earned by entities by providing services such as lease administration, facility operations management, tenant retention programs, energy efficiency optimization, and preventive maintenance planning. The market value includes the value of related goods sold by the service provider or included within the service offering. The commercial property management market also includes sales of smart building systems, automated HVAC controls, predictive maintenance tools, and integrated access control systems. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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