+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

PropTech Market Size, Share & Trends Analysis Report By Property Type (Commercial, Residential), By Solution (Software, Services), By Deployment (Cloud, On-premise), By End-user, By Region, And Segment Forecasts, 2022 - 2030

  • PDF Icon

    Report

  • 150 Pages
  • December 2022
  • Region: Global
  • Grand View Research
  • ID: 5712454
The global proptech market size is anticipated to reach USD 94,200.07 million by 2030, advancing at a CAGR of 15.8% from 2022 to 2030. The market is expanding owing to rising investment, venture capital funding, and growing demand for cutting-edge technology such as 5G, and the Internet of Things (IoT), among others, in the real estate sector. Furthermore, increased infrastructure funding, owing to better urban planning, is expected to be a major growth driver. The growing adoption of virtual reality (VR) and augmented reality (AR) provides better engagement among brokers and developers and assists them in better decision-making. This is also anticipated to drive market growth over the projected period.

The demand for property management software (PMS), asset management software (AMS), and customer relationship management (CRM) has increased in the past few years among hotels and residential accommodations. Currently, most hotels are inclined toward digitalizing and automating daily operations with the use of hotel property management software (PMS). Hotel property management software overall benefits in automating routine tasks, high level of data security, enhanced check-in/check-out capabilities, improved revenue management, better customer data management, and channel management & billing, among others, thereby contributing to the growth of the market.

Furthermore, the increasing transition from traditional solutions to blockchain technology across the real estate industry is another major factor fueling the growth of the market. Blockchain is one of the major proptech advancements aimed at shortening real estate transaction times and procedures. The basic technology of blockchain enables investors to conduct transactions directly with one another, enhance property and title ownership transfers and records, and manage data and retrieval services in a transparent and low-risk manner. The use of conventional solutions, such as manually managing paperwork, causes inefficiencies and poor accuracy and results in sluggish procedures. To cater to such problems, businesses are employing new and innovative solutions such as CRM to gather user data from devices and transform it into cutting-edge business insights.

The delay of several construction activities across the globe due to the COVID-19 epidemic resulted in a decline in the market. However, the market recovered post-pandemic owing to the growing digital transformation. The major factor in this shift is changing consumer needs and expectations, and digital platforms give businesses the tools to meet these requirements across channels. Additionally, adopting digital technologies increases businesses' overall efficiency and productivity. Further, 5G will help PropTech innovate in areas like predictive analytics, smart home technologies, real-time data analytics, home automation, and AR/VR content.

Moreover, fast and real-time transfer of high-quality videos and photos will also be possible. In recent years, population expansion and increasing urbanization have significantly driven infrastructure development projects utilizing smart technologies. Furthermore, the industry is expected to be driven by new technologies such as cloud computing and artificial intelligence across various applications in the real estate sector.

PropTech Market Report Highlights

  • The software segment held the largest market share in 2021 owing to the associated benefits of proptech software, such as assistance to real estate agents and managers in marketing properties more quickly, efficiently, and with greater quality results
  • The cloud-based segment is anticipated to register a faster CAGR over the forecast period owing to benefits to businesses with a backup feature and seamless data integration, which prevent data loss
  • The commercial and industrial segment is expected to register the highest growth over the forecast period. The development of the segment can be attributed to the increasing demand for office spaces and increasing urbanization across the globe, which are expected to fuel investments in the commercial sector
  • The property managers/agents category held the largest market share in 2021, owing to increasing demand for property management software among real estate managers and agents, as it offers benefits such as data tracking, and easy payments from tenants & contractors, among others
  • North America accounted for the largest market share in 2021, owing to the presence of prominent players such as Ascendix Technologies, Zumper Inc., and Opendoor, among others, offering proptech solutions and services in the region


This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global PropTech Market

What is the estimated value of the Global PropTech Market?

The Global PropTech Market was estimated to be valued at $29090.3 Million in 2022.

What is the growth rate of the Global PropTech Market?

The growth rate of the Global PropTech Market is 15.8%, with an estimated value of $94200.07 Million by 2030.

What is the forecasted size of the Global PropTech Market?

The Global PropTech Market is estimated to be worth $94200.07 Million by 2030.

Who are the key companies in the Global PropTech Market?

Key companies in the Global PropTech Market include Ascendix Technologies., Zumper Inc., Opendoor, Altus Group, Guesty Inc., HoloBuilder, Inc., Zillow, Inc., ManageCasa and VergeSense.

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definitions
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
Chapter 3. Market Variable, Trends & Scope
3.1. PropTech Market Dynamics
3.1.1. Market Driver Analysis
3.1.2. Market Opportunity Analysis
3.1.3. Market Challenge Analysis
3.2. Penetration & Growth Prospect Mapping
3.3. PropTech Market - Value Chain Analysis
3.4. PropTech Market Industry Analysis - Porter’s
3.4.1. Supplier Power
3.4.2. Buyer Power
3.4.3. Substitution Threat
3.4.4. Threat of New Entrants
3.4.5. Competitive Rivalry
3.5. PropTech Market Industry Analysis - PEST
3.5.1. Political & Legal Landscape
3.5.2. Environmental Landscape
3.5.3. Social Landscape
3.5.4. Technology Landscape
3.6. Major Deals & Strategic Alliances Analysis
3.6.1. Joint Ventures
3.6.2. Mergers & Acquisitions
3.6.3. Licensing & Partnership
3.6.4. Technology Collaborations
Chapter 4. PropTech Market: Property Type Estimates & Trend Analysis
4.1. PropTech Market: Property Type Analysis
4.1.1. Residential
4.1.1.1. Multi-family Housing/Apartments
4.1.1.2. Single-family Housing
4.1.1.3. Others
4.1.2. Commercial and Industrial
4.1.2.1. Retail Spaces
4.1.2.2. Office Spaces
4.1.2.3. Hotels
4.1.2.4. Others
Chapter 5. PropTech Market: Solution Estimates & Trend Analysis
5.1. PropTech Market: Solution Analysis
5.1.1. Software
5.1.1.1. Property Management
5.1.1.1.1. Rental Listings Management
5.1.1.1.2. Applicant Management
5.1.1.1.3. Reporting & Analytics
5.1.1.1.4. Maintenance Activities Management
5.1.1.1.5. Others
5.1.1.2. Asset Management
5.1.1.2.1. On/Offline Rent Payments
5.1.1.2.2. Portfolio Management
5.1.1.2.3. Evaluation and Financial Management
5.1.1.2.4. Others
5.1.1.3. Sales and Advertisements
5.1.1.4. Work order Management
5.1.1.5. Customer Relationship Management
5.1.1.5.1. Customer Service
5.1.1.5.2. Customer Experience Management
5.1.1.5.3. CRM Analytics
5.1.1.5.4. Marketing Automation
5.1.1.5.5. Social Media Monitoring
5.1.1.6. Others
5.1.2. Services
5.1.2.1. Professional Services
5.1.2.2. Managed Services
Chapter 6. PropTech Market: Deployment Estimates & Trend Analysis
6.1. PropTech Market: Deployment Analysis
6.1.1. Cloud-based
6.1.2. On-Premises
Chapter 7. PropTech Market: End-User Estimates & Trend Analysis
7.1. PropTech Market: End-User Analysis
7.1.1. Housing Associations
7.1.2. Property Managers/Agents
7.1.3. Property Investors
7.1.4. Others
Chapter 8. PropTech Market: Regional Estimates & Trend Analysis
8.1. PropTech Market Share By Region, 2021 & 2030
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. U.K.
8.3.2. Germany
8.3.3. France
8.4. Asia Pacific
8.4.1. China
8.4.2. India
8.4.3. Japan
8.5. South America
8.5.1. Brazil
8.6. Middle East & Africa
Chapter 9. Competitive Analysis
9.1. Recent Developments & Impact Analysis, by Key Market Participants
9.2. Company/ Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
9.3. Vendor Landscape
9.3.1. Key Company Analysis, 2021
9.4. Company Analysis
9.4.1. Company Market Position Analysis
9.4.2. Competitive Dashboard Analysis
Chapter 10. Competitive Landscape
10.1. Ascendix Technologies.
10.1.1. Company Overview
10.1.2. Product Benchmarking
10.1.3. Recent Developments
10.2. Zumper Inc.
10.2.1. Company Overview
10.2.2. Product Benchmarking
10.2.3. Recent Developments
10.3. Opendoor
10.3.1. Company Overview
10.3.2. Product Benchmarking
10.3.3. Recent Developments
10.4. Altus Group
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Benchmarking
10.4.4. Recent Developments
10.5. Guesty Inc.
10.5.1. Company Overview
10.5.2. Product Benchmarking
10.5.3. Recent Developments
10.6. HoloBuilder, Inc.
10.6.1. Company Overview
10.6.2. Product Benchmarking
10.6.3. Recent Developments
10.7. Zillow, Inc.
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Benchmarking
10.7.4. Recent Developments
10.8. ManageCasa
10.8.1. Company Overview
10.8.2. Product Benchmarking
10.8.3. Recent Developments
10.9. Coadjute
10.9.1. Company Overview
10.9.2. Product Benchmarking
10.9.3. Recent Developments
10.10. VergeSense
10.10.1. Company Overview
10.10.2. Product Benchmarking
10.10.3. Recent Developments
10.11. Reggora
10.11.1. Company Overview
10.11.2. Product Benchmarking
10.11.3. Recent Developments
10.12. Enertiv
10.12.1. Company Overview
10.12.2. Product Benchmarking
10.12.3. Recent Developments
10.13. Homelight
10.13.1. Company Overview
10.13.2. Product Benchmarking
10.13.3. Recent Developments
10.14. Proptech group
10.14.1. Company Overview
10.14.2. Product Benchmarking
10.14.3. Recent Developments
10.15. Qualia
10.15.1. Company Overview
10.15.2. Product Benchmarking
10.15.3. Recent Developments
List of Tables
Table 1 List of abbreviations
Table 2 PropTech market, 2017 - 2030 (USD Million)
Table 3 PropTech market, by region, 2017 - 2030 (USD Million)
Table 4 PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 5 PropTech market, by property type, 2017 - 2030 (USD Million)
Table 6 PropTech market, by solution, 2017 - 2030 (USD Million)
Table 7 PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 8 Cloud-based PropTech market, 2017 - 2030 (USD Million)
Table 9 Cloud-based PropTech market, by region, 2017 - 2030 (USD Million)
Table 10 On-premises PropTech market, 2017 - 2030 (USD Million)
Table 11 On-premises PropTech market, by region, 2017 - 2030 (USD Million)
Table 12 Residential PropTech market, 2017 - 2030 (USD Million)
Table 13 Residential PropTech market, by region, 2017 - 2030 (USD Million)
Table 14 Commercial and Industrial PropTech market, 2017 - 2030 (USD Million)
Table 15 Commercial and Industrial PropTech market, by region, 2017 - 2030 (USD Million)
Table 16 Multi-family housing/ apartments PropTech market, 2017 - 2030 (USD Million)
Table 17 Multi-family housing/ apartments PropTech market, by region, 2017 - 2030 (USD Million)
Table 18 Single-family housing PropTech market, 2017 - 2030 (USD Million)
Table 19 Single-family housing PropTech market, by region, 2017 - 2030 (USD Million)
Table 20 Others PropTech market, 2017 - 2030 (USD Million)
Table 21 Others PropTech market, by region, 2017 - 2030 (USD Million)
Table 22 Retail spaces PropTech market, by region, 2017 - 2030 (USD Million)
Table 23 Retail spaces PropTech market, 2017 - 2030 (USD Million)
Table 24 Office spaces PropTech market, 2017 - 2030 (USD Million)
Table 25 Office spaces PropTech market, by region, 2017 - 2030 (USD Million)
Table 26 Hotels PropTech market, 2017 - 2030 (USD Million)
Table 27 Hotels PropTech market, by region, 2017 - 2030 (USD Million)
Table 28 Others PropTech market, 2017 - 2030 (USD Million)
Table 29 Others PropTech market, by region, 2017 - 2030 (USD Million)
Table 30 Property Management PropTech market, 2017 - 2030 (USD Million)
Table 31 Property Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 32 Rental Listings Management PropTech market, 2017 - 2030 (USD Million)
Table 33 Rental Listings Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 34 Applicant Management PropTech market, 2017 - 2030 (USD Million)
Table 35 Applicant Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 36 Reporting & Analytics PropTech market, 2017 - 2030 (USD Million)
Table 37 Reporting & Analytics PropTech market, by region, 2017 - 2030 (USD Million)
Table 38 Maintenance Activities Management PropTech market, 2017 - 2030 (USD Million)
Table 39 Maintenance Activities Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 40 Others PropTech market, 2017 - 2030 (USD Million)
Table 41 Others PropTech market, by region, 2017 - 2030 (USD Million)
Table 42 Asset Management PropTech market, 2017 - 2030 (USD Million)
Table 43 Asset Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 44 On/Offline Rent Payments PropTech market, 2017 - 2030 (USD Million)
Table 45 On/Offline Rent Payments PropTech market, by region, 2017 - 2030 (USD Million)
Table 46 Portfolio Management PropTech market, 2017 - 2030 (USD Million)
Table 47 Portfolio Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 48 Evaluation and Financial Management PropTech market, 2017 - 2030 (USD Million)
Table 49 Evaluation and Financial Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 50 Others PropTech market, 2017 - 2030 (USD Million)
Table 51 Others PropTech market, by region, 2017 - 2030 (USD Million)
Table 52 Sales and Advertisements PropTech market, 2017 - 2030 (USD Million)
Table 53 Sales and PropTech market, by region, 2017 - 2030 (USD Million)
Table 54 Workorder Management PropTech market, 2017 - 2030 (USD Million)
Table 55 Workorder Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 56 Customer Relationship Management PropTech market, 2017 - 2030 (USD Million)
Table 57 Customer Relationship Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 58 Customer Service PropTech market, 2017 - 2030 (USD Million)
Table 59 Customer Service PropTech market, by region, 2017 - 2030 (USD Million)
Table 60 Customer Experience Management PropTech market, 2017 - 2030 (USD Million)
Table 61 Customer Experience Management PropTech market, by region, 2017 - 2030 (USD Million)
Table 62 CRM Analytics PropTech market, 2017 - 2030 (USD Million)
Table 63 CRM Analytics PropTech market, by region, 2017 - 2030 (USD Million)
Table 64 Marketing Automation PropTech market, 2017 - 2030 (USD Million)
Table 65 Marketing Automation PropTech market, by region, 2017 - 2030 (USD Million)
Table 66 Social Media Monitoring PropTech market, 2017 - 2030 (USD Million)
Table 67 Social Media Monitoring PropTech market, by region, 2017 - 2030 (USD Million)
Table 68 Others PropTech market, 2017 - 2030 (USD Million)
Table 69 Others PropTech market, by region, 2017 - 2030 (USD Million)
Table 70 Professional Services PropTech market, 2017 - 2030 (USD Million)
Table 71 Professional Services PropTech market, by region, 2017 - 2030 (USD Million)
Table 72 Managed Services PropTech market, 2017 - 2030 (USD Million)
Table 73 Managed Services PropTech market, by region, 2017 - 2030 (USD Million)
Table 74 North America PropTech market, 2017 - 2030 (USD Million)
Table 75 North America PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 76 North America PropTech market, by property type, 2017 - 2030 (USD Million)
Table 77 North America PropTech market, by solution, 2017 - 2030 (USD Million)
Table 78 North America PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 79 U.S. PropTech market, 2017 - 2030 (USD Million)
Table 80 U.S. PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 81 U.S. PropTech market, by property type, 2017 - 2030 (USD Million)
Table 82 U.S. PropTech market, by solution, 2017 - 2030 (USD Million)
Table 83 U.S. PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 84 Canada PropTech market, 2017 - 2030 (USD Million)
Table 85 Canada PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 86 Canada PropTech market, by property type, 2017 - 2030 (USD Million)
Table 87 Canada PropTech market, by solution, 2017 - 2030 (USD Million)
Table 88 Canada PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 89 Mexico PropTech market, 2017 - 2030 (USD Million)
Table 90 Mexico PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 91 Mexico PropTech market, by property type, 2017 - 2030 (USD Million)
Table 92 Mexico PropTech market, by solution, 2017 - 2030 (USD Million)
Table 93 Mexico PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 94 Europe PropTech market, 2017 - 2030 (USD Million)
Table 95 Europe PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 96 Europe PropTech market, by property type, 2017 - 2030 (USD Million)
Table 97 Europe PropTech market, by solution, 2017 - 2030 (USD Million)
Table 98 Europe PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 99 U.K. PropTech market, 2017 - 2030 (USD Million)
Table 100 U.K. PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 101 U.K. PropTech market, by property type, 2017 - 2030 (USD Million)
Table 102 U.K. PropTech market, by solution, 2017 - 2030 (USD Million)
Table 103 U.K. PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 104 Germany PropTech market, 2017 - 2030 (USD Million)
Table 105 Germany PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 106 Germany PropTech market, by property type, 2017 - 2030 (USD Million)
Table 107 Germany PropTech market, by solution, 2017 - 2030 (USD Million)
Table 108 Germany PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 109 France PropTech market, 2017 - 2030 (USD Million)
Table 110 France PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 111 France PropTech market, by property type, 2017 - 2030 (USD Million)
Table 112 France PropTech market, by solution, 2017 - 2030 (USD Million)
Table 113 France PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 114 Asia Pacific PropTech market, 2017 - 2030 (USD Million)
Table 115 Asia Pacific PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 116 Asia Pacific PropTech market, by property type, 2017 - 2030 (USD Million)
Table 117 Asia Pacific PropTech market, by solution, 2017 - 2030 (USD Million)
Table 118 Asia Pacific PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 119 China PropTech market, 2017 - 2030 (USD Million)
Table 120 China PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 121 China PropTech market, by property type, 2017 - 2030 (USD Million)
Table 122 China PropTech market, by solution, 2017 - 2030 (USD Million)
Table 123 China PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 124 India PropTech market, 2017 - 2030 (USD Million)
Table 125 India PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 126 India PropTech market, by property type, 2017 - 2030 (USD Million)
Table 127 India PropTech market, by solution, 2017 - 2030 (USD Million)
Table 128 India PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 129 Japan PropTech market, 2017 - 2030 (USD Million)
Table 130 Japan PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 131 Japan PropTech market, by property type, 2017 - 2030 (USD Million)
Table 132 Japan PropTech market, by solution, 2017 - 2030 (USD Million)
Table 133 Japan PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 134 South America PropTech market, 2017 - 2030 (USD Million)
Table 135 South America PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 136 South America PropTech market, by property type, 2017 - 2030 (USD Million)
Table 137 South America PropTech market, by solution, 2017 - 2030 (USD Million)
Table 138 South America PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 139 Brazil PropTech market, 2017 - 2030 (USD Million)
Table 140 Brazil PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 141 Brazil PropTech market, by property type, 2017 - 2030 (USD Million)
Table 142 Brazil PropTech market, by solution, 2017 - 2030 (USD Million)
Table 143 Brazil PropTech market, by end-user, 2017 - 2030 (USD Million)
Table 144 MEA PropTech market, 2017 - 2030 (USD Million)
Table 145 MEA PropTech market, by deployment, 2017 - 2030 (USD Million)
Table 146 MEA PropTech market, by property type, 2017 - 2030 (USD Million)
Table 147 MEA PropTech market, by solution, 2017 - 2030 (USD Million)
Table 148 MEA PropTech market, by end-user, 2017 - 2030 (USD Million)
List of Figures
FIG. 1 PropTech market, 2021 (USD Million)
Fig. 2 PropTech market segmentation
Fig. 3 PropTech market, 2017 - 2030 (USD Million)
Fig. 4 PropTech market Value chain analysis
Fig. 5 PropTech market driver impact
Fig. 6 PropTech market challenge impact
Fig. 7 PropTech market opportunity impact
Fig. 8 PropTech penetration & growth prospects mapping
Fig. 9 PropTech market - Porter’s five forces analysis
Fig. 10 PropTech market - PEST analysis
Fig. 11 PropTech market, by property type, 2021 & 2030 (USD Million)
Fig. 12 PropTech market, by solution, 2021 & 2030 (USD Million)
Fig. 13 PropTech market, by deployment, 2021 & 2030 (USD Million)
Fig. 14 PropTech market, by end-user, 2021 & 2030 (USD Million)
Fig. 15 PropTech market, by region, 2021 & 2030
Fig. 16 North America PropTech market - Key takeaways
Fig. 17 Europe PropTech market - Key takeaways
Fig. 18 Asia Pacific PropTech market - Key takeaways
Fig. 19 South America PropTech market - Key takeaways
Fig. 20 MEA PropTech market - Key takeaway

Companies Mentioned

  • Ascendix Technologies.
  • Zumper Inc.
  • Opendoor
  • Altus Group
  • Guesty Inc.
  • HoloBuilder, Inc.
  • Zillow, Inc.
  • ManageCasa
  • Coadjute
  • VergeSense
  • Reggora
  • Enertiv
  • Homelight
  • Proptech group
  • Qualia

Methodology

Loading
LOADING...