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The global property management software market is estimated to reach $4.7 billion by 2031, witnessing a CAGR of 4.9% from 2022 to 2031. The market is driven by the increase in adoption of cloud computing solutions and software-as-a-service (SaaS) platforms, machine learning tools, and the internet of things (IoT), rise in the development of smart real estate infrastructure, and growing dependency upon one platform approach. North America was the largest market in 2021 and is likely to maintain its leadership status during the forecast period.
