PropTech Market, By Property Type, By Deployment, By End User, By Geography

Description

Global PropTech market is estimated to be valued at US$ 39.02 Bn in 2024 and is expected to reach US$ 102.42 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 14.8% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 39.02 Bn
Historical Data for:	2019 to 2023	Forecast Period:	2024 to 2031
Forecast Period 2024 to 2031 CAGR:	14.80%	2031 Value Projection:	US$ 102.42 Bn

Figure. PropTech Market Share (%), By Region 2024

PropTech refers to the platform that utilizes technology to enhance and disrupt the real estate and property industry. PropTech aims to streamline workflows, improve efficiency, and modernize the customer experience through innovation. Advancements in areas such as artificial intelligence (AI), Internet of Things (IoT), blockchain, augmented/virtual reality (AR/VR), and big data have opened up possibilities for revolutionizing traditional property processes involving transactions, maintenance, and management. The emergence of advanced digital solutions enables property owners and managers to optimize operations, lower costs, enhance security and sustainability, and offer personalized services to customers. The convergence of real estate and technology can lead to wide-ranging transformation in processes across the property lifecycle from renting and selling to facility management in the future.

Market Dynamics:

Global PropTech market growth is driven by growing emphasis on automation and digitalization of property operations. Rising demand for technologically sophisticated tools among real estate owners and managers to improve efficiency can drive the market growth. Furthermore, proliferation of smart city initiatives involving integrated IoT infrastructure can offer opportunities for PropTech vendors. However, high investment costs for implementation of advanced property management solutions can hamper its adoption rates. Data privacy and security concerns pertaining to use of cloud-based real estate platforms can also hamper the market growth. Emergence of 5G technology is further expected to accelerate contactless property transactions through augmented reality viewing capabilities.

Key features of the study:

This report provides in-depth analysis of the global PropTech market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global PropTech market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Altus Group, Ascendix Technologies, Coadjute Limited, CoStar Group, Enertiv, Guesty Inc., HoloBuilder, Inc., Homelight, Houzz, Locale, ManageCasa, Opendoor, Reggora, Qualia, and Zillow, Inc.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global PropTech market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global PropTech market

Detailed Segmentation:

By Property Type
- Residential
- Commercial
- Industrial
By Deployment
- Cloud-based
- On-premises
By End User
- Housing Associations
- Property Managers/ Agents
- Property Investors
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- Altus Group
- Ascendix Technologies
- Coadjute Limited
- CoStar Group
- Enertiv
- Guesty Inc.
- HoloBuilder, Inc.
- Homelight
- Houzz
- Locale
- ManageCasa
- Opendoor
- Reggora
- Qualia
- Zillow, Inc.

Product Code: CMI7200

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Property Type
- Market Snippet, By Deployment
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic

4. Global PropTech Market, By Property Type, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Residential
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Commercial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Industrial
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

5. Global PropTech Market, By Deployment, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Cloud-based
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
On-premises
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)

6. Global PropTech Market, By End User, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
- Segment Trends
Housing Associations
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Property Managers/ Agents
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Property Investors
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2019-2031, (US$Bn)

7. Global PropTech Market, By Region, 2019-2031, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019-2031
North America
- Regional Trends
- Market Size and Forecast, By Property Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Property Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Property Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Property Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Property Type, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Deployment, 2019-2031, (US$ Bn)
- Market Size and Forecast, By End User, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
  - South Africa
  - Israel
  - GCC Countries
  - Rest of the Middle East & Africa

8. Competitive Landscape

Company Profiles
- Altus Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Ascendix Technologies
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Coadjute Limited
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- CoStar Group
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Enertiv
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Guesty Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- HoloBuilder, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Homelight
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Houzz
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Locale
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- ManageCasa
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Opendoor
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Reggora
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Qualia
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Zillow, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Research Methodology

References
Research Methodology
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