diff --git a/config/src/main/java/org/springframework/security/config/http/HttpConfigurationBuilder.java b/config/src/main/java/org/springframework/security/config/http/HttpConfigurationBuilder.java
index 992d5c60a1..adb6b89569 100644
--- a/config/src/main/java/org/springframework/security/config/http/HttpConfigurationBuilder.java
+++ b/config/src/main/java/org/springframework/security/config/http/HttpConfigurationBuilder.java
@@ -387,7 +387,8 @@ class HttpConfigurationBuilder {
 			concurrentSessionStrategy = BeanDefinitionBuilder
 					.rootBeanDefinition(ConcurrentSessionControlAuthenticationStrategy.class);
 			concurrentSessionStrategy.addConstructorArgValue(this.sessionRegistryRef);
-			String maxSessions = sessionCtrlElt.getAttribute("max-sessions");
+			String maxSessions = this.pc.getReaderContext().getEnvironment()
+					.resolvePlaceholders(sessionCtrlElt.getAttribute("max-sessions"));
 			if (StringUtils.hasText(maxSessions)) {
 				concurrentSessionStrategy.addPropertyValue("maximumSessions", maxSessions);
 			}
diff --git a/config/src/main/resources/org/springframework/security/config/spring-security-5.5.rnc b/config/src/main/resources/org/springframework/security/config/spring-security-5.5.rnc
index 8fab2d648f..4d94b28a54 100644
--- a/config/src/main/resources/org/springframework/security/config/spring-security-5.5.rnc
+++ b/config/src/main/resources/org/springframework/security/config/spring-security-5.5.rnc
@@ -714,7 +714,7 @@ concurrency-control =
 
 concurrency-control.attlist &=
 	## The maximum number of sessions a single authenticated user can have open at the same time. Defaults to "1". A negative value denotes unlimited sessions.
-	attribute max-sessions {xsd:integer}?
+	attribute max-sessions {xsd:token}?
 concurrency-control.attlist &=
 	## The URL a user will be redirected to if they attempt to use a session which has been "expired" because they have logged in again.
 	attribute expired-url {xsd:token}?
diff --git a/config/src/main/resources/org/springframework/security/config/spring-security-5.5.xsd b/config/src/main/resources/org/springframework/security/config/spring-security-5.5.xsd
index 4c1e7f9182..74bb4fe019 100644
--- a/config/src/main/resources/org/springframework/security/config/spring-security-5.5.xsd
+++ b/config/src/main/resources/org/springframework/security/config/spring-security-5.5.xsd
@@ -2161,7 +2161,7 @@
   </xs:attributeGroup>
   
   <xs:attributeGroup name="concurrency-control.attlist">
-      <xs:attribute name="max-sessions" type="xs:integer">
+      <xs:attribute name="max-sessions" type="xs:token">
          <xs:annotation>
             <xs:documentation>The maximum number of sessions a single authenticated user can have open at the same time.
                 Defaults to "1". A negative value denotes unlimited sessions.
diff --git a/config/src/test/java/org/springframework/security/config/http/SessionManagementConfigTests.java b/config/src/test/java/org/springframework/security/config/http/SessionManagementConfigTests.java
index f75a2edc4b..58bca95582 100644
--- a/config/src/test/java/org/springframework/security/config/http/SessionManagementConfigTests.java
+++ b/config/src/test/java/org/springframework/security/config/http/SessionManagementConfigTests.java
@@ -1,5 +1,5 @@
 /*
- * Copyright 2002-2018 the original author or authors.
+ * Copyright 2002-2020 the original author or authors.
  *
  * Licensed under the Apache License, Version 2.0 (the "License");
  * you may not use this file except in compliance with the License.
@@ -79,6 +79,7 @@ import static org.springframework.test.web.servlet.result.MockMvcResultMatchers.
  * @author Rob Winch
  * @author Josh Cummings
  * @author Onur Kagan Ozcan
+ * @author Mazen Aissa
  */
 public class SessionManagementConfigTests {
 
@@ -356,6 +357,18 @@ public class SessionManagementConfigTests {
 		// @formatter:on
 	}
 
+	@Test
+	public void requestWhenMaxSessionsIsSetWithPlaceHolderThenErrorsWhenExceeded() throws Exception {
+		System.setProperty("sessionManagement.maxSessions", "1");
+		this.spring.configLocations(xml("ConcurrencyControlMaxSessionsPlaceHolder")).autowire();
+		// @formatter:off
+		this.mvc.perform(get("/auth").with(httpBasic("user", "password")))
+				.andExpect(status().isOk());
+		this.mvc.perform(get("/auth").with(httpBasic("user", "password")))
+				.andExpect(redirectedUrl("/max-exceeded"));
+		// @formatter:on
+	}
+
 	@Test
 	public void autowireWhenSessionFixationProtectionIsNoneAndCsrfDisabledThenSessionManagementFilterIsNotWired() {
 		this.spring.configLocations(xml("NoSessionManagementFilter")).autowire();
diff --git a/config/src/test/resources/org/springframework/security/config/http/SessionManagementConfigTests-ConcurrencyControlMaxSessionsPlaceHolder.xml b/config/src/test/resources/org/springframework/security/config/http/SessionManagementConfigTests-ConcurrencyControlMaxSessionsPlaceHolder.xml
new file mode 100644
index 0000000000..1c23bf62bf
--- /dev/null
+++ b/config/src/test/resources/org/springframework/security/config/http/SessionManagementConfigTests-ConcurrencyControlMaxSessionsPlaceHolder.xml
@@ -0,0 +1,33 @@
+<?xml version="1.0" encoding="UTF-8"?>
+<!-- ~ Copyright 2002-2020 the original author or authors. ~ ~ Licensed under 
+	the Apache License, Version 2.0 (the "License"); ~ you may not use this file 
+	except in compliance with the License. ~ You may obtain a copy of the License 
+	at ~ ~ https://www.apache.org/licenses/LICENSE-2.0 ~ ~ Unless required by 
+	applicable law or agreed to in writing, software ~ distributed under the 
+	License is distributed on an "AS IS" BASIS, ~ WITHOUT WARRANTIES OR CONDITIONS 
+	OF ANY KIND, either express or implied. ~ See the License for the specific 
+	language governing permissions and ~ limitations under the License. -->
+
+<b:beans xmlns:b="http://www.springframework.org/schema/beans"
+	xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
+	xmlns="http://www.springframework.org/schema/security"
+	xsi:schemaLocation="
+			http://www.springframework.org/schema/security
+			https://www.springframework.org/schema/security/spring-security.xsd
+			http://www.springframework.org/schema/beans
+			https://www.springframework.org/schema/beans/spring-beans.xsd">
+
+	<http auto-config="true">
+		<session-management
+			session-authentication-error-url="/max-exceeded">
+			<concurrency-control
+				max-sessions="${sessionManagement.maxSessions}"
+				error-if-maximum-exceeded="true" />
+		</session-management>
+	</http>
+
+	<b:bean name="basicController"
+			class="org.springframework.security.config.http.SessionManagementConfigTests.BasicController"/>
+
+	<b:import resource="userservice.xml"/>
+</b:beans>
\ No newline at end of file