Report Highlights
PropTech refers to the integration and application of technologies for the development of products and services in the real estate industry. The goal of this report is to understand the current PropTech market and to assess the market’s growth potential. The study endeavors to quantify the PropTech market, to explore market dynamics that could impact the future of the market (including drivers, restraints and opportunities), to identify areas of growth and to study recent innovation in the PropTech market. The main objective of the study is to present a comprehensive analysis of the current market and the future direction of the market.
Report Includes
- A brief general outlook and up-to-date analysis of the global PropTech market
- Analyses of the global market trends, with market revenue data for 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current and future potential for global PropTech market with an emphasis on new products and technologies, and areas of focus to forecast this market into various segments and subsegments
- Estimation of the actual market size and revenue forecast for global PropTech market, and the corresponding market share analysis based on offering solution, property type, end-use industry, and region
- Technology assessment of the key drivers, restraints, and opportunities that will shape the market for PropTech over the forecast period (2022 to 2027)
- Identification of the companies best positioned to meet the demand for PropTech market due to the increasing investment prospectus by PropTech companies, product launches, mergers and acquisitions, and other market strategic advantages
- Review of recent industry trends, R&D activities, and analysis of the competitive landscape based on recent developments and segmental revenues
Report Scope
This report has segmented the PropTech market by property type, by industry and by geographic region. It provides an overview of the global PropTech market and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for the period from 2022 to 2027, while providing revenue forecasts for this period for each market segment. Market values have been estimated based on the total revenue of PropTech solution providers.
The report covers the PropTech market concerning adoption across different regions. It also highlights major trends and challenges that affect the market and the vendor landscape. The report estimates the global market for PropTech in 2021, and it provides projections for the expected market size through 2027. The scope of the study includes the PropTech development platform and associated services, as well as services associated with the platform.
Report Synopsis
| Report Metrics | Details | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2021 | ||||||||
| Forecast period considered | 2022 to 2027 | ||||||||
| Base year market size | $17.9 billion | ||||||||
| Market size forecast | $45.5 billion | ||||||||
| Growth rate | CAGR of 16.9% for the forecast period of 2022-2027 | ||||||||
| Units considered | $ Millions | ||||||||
| Segments covered | Property Type, Industry, and Region | ||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World | ||||||||
| Countries covered | U.S., Canada, U.K., Germany, France, Italy, Spain, Rest of Europe, China, India, Japan, and Rest of APAC | ||||||||
| Key Market Drivers |
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| Companies studied |
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BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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