PUBLISHER: KBV Research | PRODUCT CODE: 1719594
PUBLISHER: KBV Research | PRODUCT CODE: 1719594
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
The North America Tenant Billing Software Market would 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 would 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 would 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.
Based on Deployment, the market is segmented into Cloud and On-Premise. Based on Application, the market is segmented into Residential and Commercial. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
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.
North America Tenant Billing Software 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
- 3.1.1 Overview
- 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
LIST OF TABLES
- TABLE 1 North America Tenant Billing Software Market, 2021 - 2024, USD Million
- TABLE 2 North America Tenant Billing Software Market, 2025 - 2032, USD Million
- TABLE 3 North America Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
- TABLE 4 North America Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
- TABLE 5 North America Cloud Market by Region, 2021 - 2024, USD Million
- TABLE 6 North America Cloud Market by Region, 2025 - 2032, USD Million
- TABLE 7 North America On-Premise Market by Region, 2021 - 2024, USD Million
- TABLE 8 North America On-Premise Market by Region, 2025 - 2032, USD Million
- TABLE 9 North America Tenant Billing Software Market by Application, 2021 - 2024, USD Million
- TABLE 10 North America Tenant Billing Software Market by Application, 2025 - 2032, USD Million
- TABLE 11 North America Residential Market by Country, 2021 - 2024, USD Million
- TABLE 12 North America Residential Market by Country, 2025 - 2032, USD Million
- TABLE 13 North America Commercial Market by Country, 2021 - 2024, USD Million
- TABLE 14 North America Commercial Market by Country, 2025 - 2032, USD Million
- TABLE 15 North America Tenant Billing Software Market by Country, 2021 - 2024, USD Million
- TABLE 16 North America Tenant Billing Software Market by Country, 2025 - 2032, USD Million
- TABLE 17 US Tenant Billing Software Market, 2021 - 2024, USD Million
- TABLE 18 US Tenant Billing Software Market, 2025 - 2032, USD Million
- TABLE 19 US Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
- TABLE 20 US Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
- TABLE 21 US Tenant Billing Software Market by Application, 2021 - 2024, USD Million
- TABLE 22 US Tenant Billing Software Market by Application, 2025 - 2032, USD Million
- TABLE 23 Canada Tenant Billing Software Market, 2021 - 2024, USD Million
- TABLE 24 Canada Tenant Billing Software Market, 2025 - 2032, USD Million
- TABLE 25 Canada Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
- TABLE 26 Canada Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
- TABLE 27 Canada Tenant Billing Software Market by Application, 2021 - 2024, USD Million
- TABLE 28 Canada Tenant Billing Software Market by Application, 2025 - 2032, USD Million
- TABLE 29 Mexico Tenant Billing Software Market, 2021 - 2024, USD Million
- TABLE 30 Mexico Tenant Billing Software Market, 2025 - 2032, USD Million
- TABLE 31 Mexico Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
- TABLE 32 Mexico Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
- TABLE 33 Mexico Tenant Billing Software Market by Application, 2021 - 2024, USD Million
- TABLE 34 Mexico Tenant Billing Software Market by Application, 2025 - 2032, USD Million
- TABLE 35 Rest of North America Tenant Billing Software Market, 2021 - 2024, USD Million
- TABLE 36 Rest of North America Tenant Billing Software Market, 2025 - 2032, USD Million
- TABLE 37 Rest of North America Tenant Billing Software Market by Deployment, 2021 - 2024, USD Million
- TABLE 38 Rest of North America Tenant Billing Software Market by Deployment, 2025 - 2032, USD Million
- TABLE 39 Rest of North America Tenant Billing Software Market by Application, 2021 - 2024, USD Million
- TABLE 40 Rest of North America Tenant Billing Software Market by Application, 2025 - 2032, USD Million
- TABLE 41 Key Information - Yardi Systems, inc.
- TABLE 42 Key Information - Buildium
- TABLE 43 Key Information - DoorLoop
- TABLE 44 Key Information - AppFolio, Inc.
- TABLE 45 Key Information - MRI Software LLC
- TABLE 46 Key Information - Rentvine
- TABLE 47 Key Information - Utility Management Solutions, Inc.
- TABLE 48 Key Information - Delmon Solution
- TABLE 49 Key Information - Honeywell International, Inc.
- TABLE 50 Key Information - Optima Energy Systems Ltd.
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 North America Tenant Billing Software Market, 2021 - 2032, USD Million
- FIG 3 Key Factors Impacting Tenant Billing Software Market
- FIG 4 Porter's Five Forces Analysis - Tenant Billing Software Market
- FIG 5 North America Tenant Billing Software Market share by Deployment, 2024
- FIG 6 North America Tenant Billing Software Market share by Deployment, 2032
- FIG 7 North America Tenant Billing Software Market by Deployment, 2021 - 2032, USD Million
- FIG 8 North America Tenant Billing Software Market share by Application, 2024
- FIG 9 North America Tenant Billing Software Market share by Application, 2032
- FIG 10 North America Tenant Billing Software Market by Application, 2021 - 2032, USD Million
- FIG 11 North America Tenant Billing Software Market share by Country, 2024
- FIG 12 North America Tenant Billing Software Market share by Country, 2032
- FIG 13 North America Tenant Billing Software Market by Country, 2021 - 2032, USD Million
- FIG 14 SWOT Analysis: Honeywell international, inc.
