Proptech Market to expand robustly in 2024| Altus Group, Guesty Inc.

HTF Market Intelligence recently released a survey document on Proptech market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Proptech market. Some of the companies listed in the study from the complete survey list are Ascendix Technologies, Zumper Inc., Opendoor, Altus Group, Guesty Inc., HoloBuilder, Inc., Zillow, Inc., ManageCasa, Coadjute, Vergesense, Reggora, Enertiv, Homelight, Proptech group, Qualia.
According to HTF Market Intelligence, the Proptech market size is estimated to increase by USD Million at a CAGR of 18.37% from 2023 to 2030. Currently, the market value is pegged at USD Million.

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Definition:
Proptech, short for property technology, refers to the application of technology in the real estate industry. This includes software, hardware, and platforms that aim to improve various aspects of real estate, such as property management, leasing, sales, and investment. Proptech innovations often leverage data analytics, artificial intelligence, and digital platforms to streamline processes and enhance efficiency in the real estate sector.

Market Drivers:
The rapid digitization of the real estate industry, driven by the need for efficiency, transparency, and improved customer experience, is a key driver for proptech adoption. Other drivers include urbanization, demographic shifts, and the demand for sustainable and smart buildings.

Market Opportunities:
Opportunities include the development of innovative solutions for property management, leasing, and sales, leveraging technologies such as AI, blockchain, and IoT. There are also opportunities for proptech companies to expand globally and to cater to niche markets within real estate.
Market Restraints:

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Proptech market segments by Types: Basic, Premium
Detailed analysis of Proptech market segments by Applications: Online Marketing & Virtual Tour, Underwriting Process, Online Leasing, Construction Progress Management, Property Management

Major Key Players of the Market: Ascendix Technologies, Zumper Inc., Opendoor, Altus Group, Guesty Inc., HoloBuilder, Inc., Zillow, Inc., ManageCasa, Coadjute, Vergesense, Reggora, Enertiv, Homelight, Proptech group, Qualia

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 analyse and forecast the size of the Proptech market by value and volume.
• -To estimate the market shares of major segments of the Proptech market.
• -To showcase the development of the Proptech market in different parts of the world.
• -To analyse 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 market.
• -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.

The Proptech Market is segmented by Global Proptech 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, On-premises) and by Geography (North America, South America, Europe, Asia Pacific, MEA).
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Key takeaways from the Proptech market report:
- Detailed consideration of Proptech market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
- Comprehensive valuation of all prospects and threats in the
- In-depth study of industry strategies for growth of the Proptech market-leading players.
- Proptech market latest innovations and major procedures.
- Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Proptech market for forthcoming years.

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Major highlights from Table of Contents:
Proptech Market Study Coverage:
• It includes major manufacturers, emerging player's growth story, and major business segments of Proptech market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Proptech Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Proptech Market Production by Region Proptech Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
Key Points Covered in Proptech Market Report:
• Proptech Overview, Definition and Classification Market drivers and barriers
• Proptech Market Competition by Manufacturers
• Proptech Capacity, Production, Revenue (Value) by Region (2023-2029)
• Proptech Supply (Production), Consumption, Export, Import by Region (2023-2029)
• Proptech Production, Revenue (Value), Price Trend by Type {Basic, Premium}
• Proptech Market Analysis by Application {Online Marketing & Virtual Tour, Underwriting Process, Online Leasing, Construction Progress Management, Property Management}
• Proptech Manufacturers Profiles/Analysis Proptech Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.
Major questions answered:
• 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?
• How feasible is Proptech market for long-term investment?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains.

Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
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sales@htfmarketintelligence.com

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This release was published on openPR.