PropTech also known as property technology or real estate technology means the use of cutting-edge technologies in the real estate market. In today’s time, increasing digitalization across the globe has opened a new door for real estate technologies as more and more people are demanding VR tours and online real estate transaction services. Most real estate companies are investing more in construction and property management solutions for real-time tracking of property and eliminating human errors. The high Growth of PropTech companies in the US will create significant opportunities for property technologies as real estate organizations are planning to use new digital technologies in traditional business processes.
The latest study released on the Global Proptech Market by HTF MI Research evaluates market size, trend, and forecast to 2029. The Proptech market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include:
Ascendix Technologies, Zumper Inc., Opendoor, Altus Group, Guesty Inc., HoloBuilder, Inc., Zillow, Inc., ManageCasa, Coadjute, Vergesense, Reggora, Enertiv, Homelight, Proptech group, Qualia, Others
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“According to HTF Market Intelligence, the Global Proptech market is expected to see a growth of 18.37% and may reach market size of USD90,961.27 Million by 2029, currently valued at USD33,071.50 Million.
Market Trends:
- Emerging Trend of AI-Powered Underwriting Software to Automate Commercial Real Estate Underwriting Process
Market Drivers:
- Rising Adoption of Digital Transformation Strategies Across the Real Estate Companies to Survive and Stay Competitive
- Increasing Demand for Virtual Tour Before Visiting Actual Property by the Customers
Market Opportunities:
- High Growth of Online Leasing Due to Penetration of Smartphones and Increasing Number of Working Population Worldwide
Major Highlights of the Proptech Market report released by HTF MI
Market Breakdown by Application (Online Marketing & Virtual Tour, Underwriting Process, Online Leasing, Construction Progress Management, Property Management) by Type (Basic, Premium) by End Users (Brokers, Landlords, Property Managers, Tenant Reps, Real Estate Companies) by Solution (Software, Services) by Deployment Mode (Cloud-based, Onpremises) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Global Proptech market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report
- -To carefully analyze and forecast the size of the Proptech market by value and volume.
- -To estimate the market shares of major segments of the Proptech
- -To showcase the development of the Proptech market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Proptech market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Proptech
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Proptech market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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Points Covered in Table of Content of Global Proptech Market:
Chapter 01 – Proptech Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Proptech Market – Pricing Analysis
Chapter 05 – Global Proptech Market Background
Chapter 06 — Global Proptech Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Proptech Market
Chapter 08 – Global Proptech Market Structure Analysis
Chapter 09 – Global Proptech Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Proptech Market Research Methodology
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Key questions answered
- How feasible is Proptech market for long-term investment?
- What are influencing factors driving the demand for Proptech near future?
- What is the impact analysis of various factors in the Global Proptech market growth?
- What are the recent trends in the regional market and how successful they are?
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.
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