Press release
Property Technology (Proptech) Market: Major Trends Reshaping the Future of the Industry
Property Technology Proptech
What Will the Property Technology (Proptech) Industry Market Size Be by 2025?
The significant increase in the size of the property technology (proptech) market in the past few years is hard to overlook. An expansion from $36.08 billion in 2024 to $41.52 billion in 2025 is expected, boasting a compound annual growth rate (CAGR) of 15.1%. Factors such as progressive urbanization, the emergence of smart home automation, the use of e-signatures for contract exchanges, property valuations propelled by AI, and increased interest in crowd-funded real estate investments have all significantly contributed to this historical growth period.
What's the Long-Term Growth Forecast for the Property Technology (Proptech) Market Size Through 2029?
The proptech industry is set to experience a significant increase in market size in the coming years. Its value is projected to hit $72.96 billion in 2029, growing at a CAGR of 15.1%. This surge is likely due to advancements such as AI-based property valuation, extensive use of blockchain for secure transactions, mobile apps for property dealings, cloud-based property management systems, and the application of drone technology in property assessment. In the forecast period, we can expect trends like an increase in AI and machine learning, the use of blockchain for enhanced security and transparency, development of smart building technologies, focus on data security and privacy, alongside flexible and remote work options.
View the full report here:
https://www.thebusinessresearchcompany.com/report/property-technology-proptech-global-market-report
What Are the Key Growth Drivers Fueling the Property Technology (Proptech) Market Expansion?
The swelling demand for property management services is projected to stimulate the expansion of the property technology (PropTech) industry in the future. These services pertain to the overseeing, management, and operation of real estate assets on behalf of property owners, encompassing duties such as tenant liaison, maintenance tasks, and rent gathering. The surge in demand for property management services is linked to factors such as heightened interest in rental properties, expansion of real estate investments, and the trend toward delegating property management to professionals for efficacy and regulatory compliance reasons. Property technology (PropTech) amplifies the demand for property management services by refining operations, improving tenant experiences, and facilitating data-oriented property governance, making the option of outsourcing more attractive for property owners. For example, data from Scanlans Property Management LLP, a UK-centered property management enterprise, show that the UK had 22,751 property management service firms as of 2023, reflecting a 3.3% growth from 2022. Hence, the growth trajectory of the property technology (PropTech) sector is linked to the strengthening demand for property management services.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14169&type=smp
What Are the Key Trends Driving Property Technology (Proptech) Market Growth?
Leaders in the property technology (Proptech) market are staying competitive by leveraging advancements in technology, including the innovative PropTech platform. Essentially, this platform is a merger between the real estate sector and the fields of technology and software. For example, in September 2022, HDFC Capital and Invest India, established a PropTech platform known as HDFC Real Estate Tech Program. This program has been designed to fuel collaboration between tech firms and the real estate industry. The primary goal of this platform is to discover, recognize, and celebrate pioneering innovations in construction technology, sales technology, financial technology, and sustainability technology within the property sector.
How Is the Property Technology (Proptech) Market Segmented?
The property technology (proptech) market covered in this report is segmented -
1) By Component: Solution, Service
2) By Deployment: On-Premise, Cloud Learning
3) By Property Type: Residential Property, Commercial Property
4) By End User: Housing Associations, Property Managers Or Agents, Property Investors, Other End Users
Subsegments:
1) By Solution: Software Solutions, Hardware Solutions
2) By Service: Consulting Services, Implementation Services, Maintenance And Support Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=14169&type=smp
Which Companies Are Leading the Charge in Property Technology (Proptech) Market Innovation?
Major companies operating in the property technology (Proptech) market are Opendoor Technologies Inc., Airbnb Inc., WeWork Companies Inc., Stitch AI Inc., Compass Inc., EquipmentShare.com Inc., HomeLight Inc., Pacaso Inc., Kin Insurance Inc., VTS Inc., Hometap Equity Partners LLC, Roofr Inc., Homeday GmbH, Engrain LLC, Landbay Partners Limited, Bilt Rewards Inc., Orchard Platform Corporation, flatfair Limited, Plentific Limited, Lavanda Ventures Ltd., HomeViews Limited, Ideal Flatmate Ltd, Ohmyhome Pte. Ltd., Acaboom Limited
Which Regions Are Leading the Global Property Technology (Proptech) Market in Revenue?
North America was the largest region in the property technology (PropTech) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the property technology (proptech) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14169
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe - +44 7882 955267,
Asia: +91 88972 63534,
Americas - +1 310-496-7795 or
Email: info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Property Technology (Proptech) Market: Major Trends Reshaping the Future of the Industry here
News-ID: 4126775 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Tech
Kitimat's Quiet Tech Revolution: Retired Tech Founder Launches Kitimat Digital
Image: https://www.globalnewslines.com/uploads/2025/05/fe744bd61d32383b1190af80ca522635.jpg
KITIMAT, BC - In a town shaped by industry and community, one digital venture is quietly helping small businesses step into the modern age.
Kitimat Digital, incorporated in British Columbia in 2024, was founded by a retired tech professional with a background in operating digital firms in Calgary and Houston. After settling in Kitimat for a slower pace of life, he noticed a clear need: many businesses in the area…
Tech Cuboid: Revolutionizing the Tech Landscape
In an era where technology evolves at breakneck speed, staying ahead of the curve is no longer optional-it's essential. If you're navigating the dynamic world of tech in the USA, you've likely heard of Tech Cuboid, a name that's rapidly becoming synonymous with innovation, reliability, and cutting-edge solutions. But what exactly is Tech Cuboid, and why should it matter to you? Let's dive into how this groundbreaking platform is reshaping…
Evan Ceron: Pioneering Tech Solutions With Tech Remedies
Image: https://www.getnews.info/uploads/a067156d14b9c9aaa532de3166992962.jpg
Since embarking on his technical journey in 2009, Evan Ceron has steadily built a reputation as a seasoned professional in the tech industry. His journey began with a solid foundation in technical education at Bellevue College in Washington, where he acquired the skills and knowledge that would later serve as the bedrock of his entrepreneurial aspirations. This period of education not only equipped him with critical technical expertise but…
GAM Tech Acquires Cyber Tech 360: Expanding Expertise and Innovation
GAM Tech, a leading provider of managed IT solutions and professional services, is thrilled to announce its acquisition of Cyber Tech 360, a recognized leader in cybersecurity services and advanced managed IT solutions. This strategic acquisition broadens GAM Tech's service offerings, resulting in a comprehensive portfolio to better service small and medium-sized businesses across Canada.
The combined company will operate under the GAM Tech brand. Cyber Tech 360 will be…
Girls in Tech Singapore rebranding to Sponsors in Tech
SINGAPORE - 16th JULY 2024 -
With the closure of Girls in Tech, Inc., the local Girls in Tech - Singapore chapter is proud to announce its rebranding as "Sponsors of Tech - Empowering Her Journey." This new identity marks a significant milestone for the organization and our community, reflecting our ongoing commitment to supporting girls and women in tech throughout their careers.
As a non-profit organization, Sponsors of Tech - Empowering…
3-Axis Handheld Gimbal Stabilizers Market Analysis and Growth by Top Manufacture …
A report added to the rich database of Qurate Business Intelligence, titled “3-Axis Handheld Gimbal Stabilizers Market - Global Industry Analysis and Forecast to 2023”, provides a 360-degree overview of the Global market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the…
