Worldwide Real Estate Software Market Forecast, 2024-2029, $M
Worldwide Real Estate Software Market Forecast, 2024-2029, $M

In 2024, the global Real Estate software market grew to $9.5 billion, marking an 11.9% year-over-year increase. The top 10 vendors accounted for 51.2% of the total market. RealPage led the pack with a 13.4% market share, followed by Yardi, CoStar Group, and AppFolio, Inc.

Through our forecast period, the Real Estate applications market size is expected to reach $12.6 billion by 2029, compared with $9.5 billion in 2024 at a compound annual growth rate of 5.8%.

Real Estate (Contracting and building of commercial, public, and residential structures, real estate management) – Bidding, cost estimates, Time Tracking, Homebuilder Software, Quantity Takeoff Software, Property Management, Financials, HR, Procurement

Top 10 Real Estate Software Vendors in 2024 and their Market Shares

RankVendorReal Estate Apps2022 Real Estate Apps Revenues, $M2023 Real Estate Apps Revenues, $M2024 Real Estate Apps Revenues, $MYoY Growth2024 Real Estate Market Share, %
1RealPageRealPage OneSite, RealPage Accounting Subscribe Subscribe Subscribe2.5% Subscribe
2YardiYardi Voyager, Yardi Breeze Subscribe Subscribe Subscribe5.3% Subscribe
3CoStar GroupCoStar Real Estate Manager Subscribe Subscribe Subscribe11.5% Subscribe
4AppFolio, Inc.AppFolio Property Manager Subscribe Subscribe Subscribe28.0% Subscribe
5Intuit Inc.Intuit QuickBooks Online, Intuit Quickbooks Enterprise Subscribe Subscribe Subscribe4.7% Subscribe
6AareonAareon Property to Market, Aareon Prem Habitat ERP, Aareon QL, Aareon Wodis Yuneo Subscribe Subscribe Subscribe28.4% Subscribe
7MicrosoftMicrosoft Dynamics 365 for Finance and Operations, Microsoft Dynamics 365 Business Central, Microsoft 365 Subscribe Subscribe Subscribe7.8% Subscribe
8MRI Software LLCMRI Platform X, MRI Horizon (formerly Qube Horizon) Subscribe Subscribe Subscribe6.9% Subscribe
9Constellation SoftwareEmphasys Property Management, Constellation1 Subscribe Subscribe Subscribe20.4% Subscribe
10EntrataEntrata Property Management, Entrata Accounting Subscribe Subscribe Subscribe6.8% Subscribe
Subtotal Subscribe Subscribe Subscribe10.0% Subscribe
Other Subscribe Subscribe Subscribe14.0% Subscribe
Total77248495950911.9%100.0%

Source: Apps Run The World, July 2025

Other Real Estate software providers included in the report are: Adobe, ADP, Arcoro, Atlassian, AVEVA Group, Buildertrend, Cisco Systems, Constellation Software Inc., Citrix, CoStar Group, Dropbox, DocuSign, Inc., ECi Software Solutions, Entrata, Eque2, eSUB Construction Software, FINALCAD, Foundation Software, Google, Global Payments Inc., HCSS, Hemlane, Hexagon, HubSpot, Hypoport SE, IBM, Infor, iLease Management LLC, Infor, JDM Technology Group, Lease Harbor, LeaseCalcs, Inc., Nemetschek Spacewell (ex MCS Solutions, ex Axxerion), Newforma, Nice Systems, Open Text Corporation, Oracle, Odessa Technologies, Paycom, PayProp, Pegasystems, PlanData Systems Corp, Procore, Property Matrix, Raken, RedTeam Software, Re-Leased Software Company Ltd, RemoteLandlord, Rent Manager by London Computer Systems, RIB Software SE, Rockwell Automation, Roper Technologies, Salesforce, SAP, ServiceNow, SS&C Technologies, SolarWinds, Sage, Sopra Steria Group SA, TenantCloud, Teradata Corporation, The Innovation Group, Twilio, Verint Systems Inc., Visma, VTS (ex Hightower), Workday, Yonyou, Zoom Video Communications, Zoho Corp., and others.

Vendor Snapshot: Real Estate Market Leaders

RealPage

RealPage continues to evolve its RealPage OneSite and Accounting platforms with AI-enabled revenue management and predictive analytics that help multifamily and commercial property owners optimize occupancy and asset performance. Recent enhancements include expanded automation in leasing workflows and real-time benchmarking tools. The company’s product roadmap centers on integrating smart building data, ESG tracking, and centralization tools to support enterprise-grade operational efficiency.

Yardi

Yardi is advancing its Voyager and Breeze platforms with generative AI features for automated leasing, maintenance, and communication workflows across residential and commercial portfolios. The company continues to invest in expanding its cloud-based ecosystem with vertical-specific modules, such as Yardi Elevate for asset performance and energy optimization. Strategic focus remains on unifying operational, financial, and compliance data within a single platform.

CoStar Group

CoStar Group expands its real estate management capabilities through CoStar Real Estate Manager by integrating advanced analytics for lease administration, space planning, and portfolio optimization. AI and automation initiatives are embedded in budgeting and forecasting tools to support corporate real estate and retail occupiers. The company continues to build on its data-driven approach through platform enhancements and acquisitions across marketplaces, analytics, and transaction services.

AppFolio, Inc.

AppFolio enhances its cloud-native Property Manager solution with new AI Leasing Assistants, smart maintenance workflows, and analytics dashboards tailored for SMB property owners. Its investments prioritize reducing friction in leasing, accounting, and resident engagement through automation and mobile-first experiences. AppFolio also continues to expand its ecosystem via API integrations with payments, insurance, and IoT partners.

Intuit Inc.

Intuit’s real estate relevance stems from its QuickBooks Online and Enterprise solutions used by property management firms for financials, payroll, and expense tracking. The company is embedding generative AI across its platform to automate bookkeeping, forecasting, and compliance functions. Through acquisitions like Mailchimp, Intuit continues to enhance marketing and communication tools for small business verticals, including real estate services.

Aareon

Aareon’s digital property solutions, including Aareon QL and Wodis Yuneo—are evolving with AI-powered tenant communication tools and predictive maintenance capabilities. Focused on the European housing sector, Aareon is expanding modular SaaS offerings to support smart building integration and energy management. Its strategic product investments align with digitalization mandates from housing associations and municipalities.

Microsoft

Microsoft’s Dynamics 365 and Microsoft 365 offerings are increasingly used by large property firms for finance, operations, and tenant relationship management. With a strong AI development pipeline, including Copilot integrations and Microsoft Fabric for unified analytics, the company enables advanced forecasting and cross-functional automation across the real estate value chain. Investments in partner-led industry solutions bolster relevance for commercial and corporate real estate.

MRI Software LLC

MRI Software is modernizing its MRI Platform X and Horizon suite with AI-powered forecasting, automated lease abstraction, and data intelligence capabilities tailored for mixed-use portfolios. Recent product updates emphasize open architecture, ESG tracking, and enhanced compliance features. The company continues to expand globally through acquisitions and regional partnerships to support complex real estate needs.

Constellation Software

Constellation Software, via Emphasys and Constellation1, delivers property management solutions primarily for affordable housing and MLS organizations. While its innovation model is decentralized, ongoing development includes compliance automation, CRM enhancements, and integrations with government housing systems. The company’s focus remains on scalable, niche-specific platforms across its portfolio of vertical software businesses.

Entrata

Entrata integrates AI-driven automation in leasing, accounting, and resident lifecycle management within its unified property management platform. Recent innovations include smart contract workflows and expanded data visualization capabilities. Entrata continues to scale its operations and R&D to serve enterprise and student housing operators with end-to-end functionality.

ARTW Technographics Platform: Real Estate customer wins

Since 2010, our research team has been studying the patterns of Real Estate software purchases, analyzing customer behavior and vendor performance through continuous win/loss analysis. Updated quarterly, the ARTW Technographics Platform provides deep insights into thousands of Real Estate customer wins and losses, helping users monitor competitive shifts, evaluate vendor momentum, and make informed go-to-market decisions.

List of Real Estate customers  

CustomerIndustryEmpl.RevenueCountryProductCategory
Achmea Real EstateConstruction and Real Estate500$147MNetherlandsAareon Property to MarketReal Estate Property Management
AmvestConstruction and Real Estate200$128MNetherlandsAareon Property to MarketReal Estate Property Management
Article Student LivingConstruction and Real Estate600$130MUnited StatesYardi VoyagerReal Estate Property Management
Birge & HeldConstruction and Real Estate250$40MUnited StatesRealPage OneSiteReal Estate Property Management
Birge & HeldConstruction and Real Estate250$40MUnited StatesRealPage OneSiteReal Estate Property Management
Bosa PropertiesConstruction and Real Estate300$50MCanadaMicrosoft 365Collaboration
CanderelConstruction and Real Estate650$150MCanadaMRI Platform XReal Estate Property Management
Carter JonasConstruction and Real Estate781$105MUnited KingdomCoStar Real Estate ManagerReal Estate Property Management
Chase InternationalConstruction and Real Estate360$75MUnited StatesIntuit Quickbooks EnterpriseERP Financial
Cincinnati Metropolitan Housing AuthorityConstruction and Real Estate210$40MUnited StatesYardi VoyagerReal Estate Property Management
Clockwise OfficesConstruction and Real Estate110$11MUnited KingdomMicrosoft 365Collaboration
Daniel Management GroupConstruction and Real Estate30$3MUnited StatesAppFolio Property ManagerReal Estate Property Management
DeasConstruction and Real Estate900$220MDenmarkMicrosoft 365Collaboration
Elysian at the DistrictConstruction and Real Estate200$50MUnited StatesEntrata Property ManagementReal Estate Property Management
Felix GiorgettiConstruction and Real Estate740$174MLuxembourgYardi VoyagerReal Estate Property Management
Fort Worth Housing SolutionsConstruction and Real Estate30$3MUnited StatesEmphasys Property ManagementReal Estate Property Management
Foxfire ApartmentsConstruction and Real Estate120$15MUnited StatesEntrata Property ManagementReal Estate Property Management
Georgetown Apartment HomesConstruction and Real Estate25$3MUnited StatesAppFolio Property ManagerReal Estate Property Management
Griffis/BlessingConstruction and Real Estate150$20MUnited StatesRealPage OneSiteReal Estate Property Management
HHHuntConstruction and Real Estate500$200MUnited StatesYardi VoyagerReal Estate Property Management
Highland VenturesConstruction and Real Estate10000$2.5BUnited StatesMRI Platform XReal Estate Property Management
Hillcrest Park ApartmentsConstruction and Real Estate58$7MUnited StatesAppFolio Property ManagerReal Estate Property Management
Houston Housing AuthorityConstruction and Real Estate200$20MUnited StatesEmphasys Property ManagementReal Estate Property Management
JLL UKConstruction and Real Estate5000$750MUnited KingdomCoStar Real Estate ManagerReal Estate Property Management
Landmark Commercial RlConstruction and Real Estate225$25MUnited StatesAppFolio Property ManagerReal Estate Property Management
LandsecConstruction and Real Estate577$1.0BUnited KingdomMicrosoft Dynamics 365 for Finance and OperationsERP Financial
Lang InterestsConstruction and Real Estate30$3MUnited StatesIntuit QuickBooks OnlineERP Financial
Leaders Romans GroupConstruction and Real Estate2682$202MUnited KingdomMicrosoft Dynamics 365 for Finance and OperationsERP Financial
Leonard S. FioreConstruction and Real Estate130$15MUnited StatesCoStar Real Estate ManagerReal Estate Property Management
Market 100Construction and Real Estate100$10MUnited StatesEntrata Property ManagementReal Estate Property Management
Media Real Estate CompanyConstruction and Real Estate50$5MUnited StatesCoStar Real Estate ManagerReal Estate Property Management
MODA HomesConstruction and Real Estate40$5MUnited StatesEntrata Property ManagementReal Estate Property Management
Newark Housing AuthorityConstruction and Real Estate200$20MUnited StatesEmphasys Property ManagementReal Estate Property Management
Portsmouth Redevelopment and Housing AuthorityConstruction and Real Estate100$30MUnited StatesEmphasys Property ManagementReal Estate Property Management
Quadrangle Development CorporationConstruction and Real Estate180$80MUnited StatesCoStar Real Estate ManagerReal Estate Property Management
Real Property ManagementConstruction and Real Estate200$20MCanadaIntuit QuickBooks OnlineERP Financial
Red Oak Apartment HomesConstruction and Real Estate60$9MUnited StatesIntuit Quickbooks EnterpriseERP Financial
Savills EspanaConstruction and Real Estate500$150MSpainMRI Platform XReal Estate Property Management
Silver Creek ApartmentsConstruction and Real Estate30$5MUnited StatesEntrata Property ManagementReal Estate Property Management
South Oxford ManagementConstruction and Real Estate350$78MUnited StatesYardi VoyagerReal Estate Property Management
Stark Office SuitesConstruction and Real Estate40$8MUnited StatesIntuit QuickBooks OnlineERP Financial
Storquest Self StorageConstruction and Real Estate226$25MUnited StatesRealPage OneSiteReal Estate Property Management
The Housing Commission of Anne Arundel CountyConstruction and Real Estate54$5MUnited StatesEmphasys Property ManagementReal Estate Property Management
vb&t NieuwbouwmakelaarsConstruction and Real Estate150$25MNetherlandsAareon Property to MarketReal Estate Property Management
VivantusConstruction and Real Estate245$20MNetherlandsAareon Property to MarketReal Estate Property Management
Warren CoConstruction and Real Estate67$7MUnited StatesAppFolio Property ManagerReal Estate Property Management
Westmount Realty Capital, LLCConstruction and Real Estate200$80MUnited StatesMRI Platform XReal Estate Property Management
Wood Chase ApartmentsConstruction and Real Estate280$45MUnited StatesRealPage OneSiteReal Estate Property Management
Woonstichting Lieven de KeyConstruction and Real Estate360$50MNetherlandsAareon Property to MarketReal Estate Property Management
Zrs ManagementConstruction and Real Estate1300$130MUnited StatesMRI Platform XReal Estate Property Management

Source: ARTW Buyer Insights Technographic Database

Custom data cuts related to the Real Estate Applications market are available:

  • Top 900+ Real Estate Applications Vendors and Market Forecast 2024-2029
  • 2024 Real Estate Applications Market By Functional Market (16 Markets)
  • 2024 Real Estate Applications Market By Country (USA + 45 countries)
  • 2024 Real Estate Applications Market By Region (Americas, EMEA, APAC)
  • 2024 Real Estate Applications Market By Revenue Type (License, Services, Hardware, Support and Maintenance, Cloud)
  • 2024 Real Estate Applications Market By Customer Size (revenue, employee count, asset)
  • 2024 Real Estate Applications Market By Channel (Direct vs Indirect)
  • 2024 Real Estate Applications Market By Product

Worldwide Enterprise Applications by Vertical Market

Exhibit 3 provides a forecast of the worldwide enterprise applications by vertical market from 2024 to 2029, highlighting market sizes, year-over-year growth, and compound annual growth rates across different industry sectors from Aerospace and Defense to Utilities.

Exhibit 3: Worldwide Enterprise Applications by Vertical Market Forecast 2024-2029 by Functional Market ($M)

Vertical Market, $M202220232024YoY Growth20292024-2029 CAGR, %
Aerospace & Defense Subscribe Subscribe Subscribe Subscribe Subscribe6.6
Automotive Subscribe Subscribe Subscribe Subscribe Subscribe5.6
Banking and Financial Services Subscribe Subscribe Subscribe Subscribe Subscribe5.5
Communications Subscribe Subscribe Subscribe Subscribe Subscribe6.2
Construction Subscribe Subscribe Subscribe Subscribe Subscribe6.1
Real Estate Subscribe Subscribe Subscribe Subscribe Subscribe5.8
Consumer Packaged Goods Subscribe Subscribe Subscribe Subscribe Subscribe6.3
Distribution Subscribe Subscribe Subscribe Subscribe Subscribe6.6
K-12 Subscribe Subscribe Subscribe Subscribe Subscribe6.2
Higher Education Subscribe Subscribe Subscribe Subscribe Subscribe6.6
Federal Government Subscribe Subscribe Subscribe Subscribe Subscribe5.9
State and Local Government Subscribe Subscribe Subscribe Subscribe Subscribe5.7
Public Safety Subscribe Subscribe Subscribe Subscribe Subscribe6.5
Healthcare Subscribe Subscribe Subscribe Subscribe Subscribe5.7
Life Insurance Subscribe Subscribe Subscribe Subscribe Subscribe5.7
P&C Insurance Subscribe Subscribe Subscribe Subscribe Subscribe6.1
Specialty Insurance Subscribe Subscribe Subscribe Subscribe Subscribe7.1
Leisure and Recreation Subscribe Subscribe Subscribe Subscribe Subscribe6.6
Hospitality and Lodging Subscribe Subscribe Subscribe Subscribe Subscribe6.1
Life Sciences Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Manufacturing Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Media Subscribe Subscribe Subscribe Subscribe Subscribe6.5
Faith-Based Nonprofit Subscribe Subscribe Subscribe Subscribe Subscribe5.7
Youth & Elderly Care Nonprofit Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Special Cause Nonprofit Subscribe Subscribe Subscribe Subscribe Subscribe5.9
Oil and Gas Subscribe Subscribe Subscribe Subscribe Subscribe5.8
Professional Services Subscribe Subscribe Subscribe Subscribe Subscribe6.9
Retail Subscribe Subscribe Subscribe Subscribe Subscribe6.9
Transportation Subscribe Subscribe Subscribe Subscribe Subscribe6.9
Utility Subscribe Subscribe Subscribe Subscribe Subscribe5.3
Total Subscribe Subscribe Subscribe Subscribe Subscribe6.2

Source: Apps Run The World, July 2025

Exhibit 4 shows our projections for the enterprise applications market by vertical segment, based on the buying preferences and the customer propensity to invest in new software within those industries as they continue to upgrade and replace many legacy industry-specific applications that have been identified and tracked in our Buyer Insight Database.

Worldwide Enterprise Applications Market Forecast 2024-2029, By Vertical Market, $M
Worldwide Enterprise Applications Market Forecast 2024-2029, By Vertical Market, $M
Worldwide Enterprise Applications Market Forecast 2024-2029, By Functional Market, $M
Worldwide Enterprise Applications Market Forecast 2024-2029, By Functional Market, $M

More Enterprise Applications Research Findings

Based on the latest annual survey of 10,000+ enterprise software vendors, Apps Run The World is releasing a number of dedicated reports, which profile the world’s 1,500 largest Enterprise Applications Vendors ranked by their 2024 product revenues. Their 2024 results are being broken down, sorted and ranked across 16 functional areas (from Analytics and BI to Treasury and Risk Management) and by 21 vertical industries (from Aerospace to Utility), as shown in our Taxonomy. Further breakdowns by subvertical, country, company size, etc. are available as custom data cuts per special request.

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market.

We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than one million records on the enterprise software landscape of over 2 million organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.

Buyer Intent: Companies Reading this Research Report
ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
  1. Internet Archive, a United States based Non Profit organization with 169 Employees
  2. University Of Saarland, a Germany based Education company with 375 Employees
  3. RealPage, a United States based Professional Services organization with 7540 Employees
LogoCompanyIndustryEmployeesRevenueCountryEvaluated