
Property Technology Market, Global, 2024–2029
Description
Property Technology Market, Global, 2024–2029
PropTech is Experiencing Transformational Growth Due to Demand for Sustainability and Operational Efficiency
The growing demand for property development and management solutions in the real estate sector is prompting the rapid adoption of software and platforms commonly known as property technology (PropTech). PropTech simplifies tenant management and property and asset information management and integrates transactions between tenants, owners, facility managers, and property developers in a single platform. Disruptive technologies like the Internet of Things (IoT), artificial intelligence (AI), machine learning (ML), virtual reality (VR), and blockchain are revolutionizing the services offered by PropTech providers. They help improve business transactions, stakeholder engagement, and customer experience across the value chain. The integration of these technologies transforms and streamlines existing practices, improving efficiency.
In this study, Frost & Sullivan investigates the growth prospects of the global PropTech market. The study categorizes the global market into North America, Europe, Asia-Pacific, and the rest of the world. PropTech services have been segmented into construction and development, property management and leasing, investment and financing, and building data analytics. The study analyzes the factors driving and restraining the growth of PropTech across the globe and identifies the opportunities emerging from the changes in this space for market players and stakeholders to leverage. The base year is 2023, and the forecast period is from 2024 to 2029.
Table of Contents
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives on the Global Property Technology Industry
- Scope of Analysis
- Segmentation
- PropTech Overview
- Evolution of PropTech
- PropTech in Sustainability Development Goals
- PropTech in Environmental, Social, and Governance (ESG) Goals
- Regulations and Policies Driving PropTech
- Competitive Environment
- Key Competitors
- Mergers and Acquisitions in PropTech
- Major Companies in PropTech
- Emerging Companies in PropTech
- Growth Metrics
- Growth Drivers
- Growth Restraints
- Forecast Considerations
- Revenue Forecast
- Revenue Forecast by Services Offered
- Revenue Forecast by Region
- Revenue Forecast Analysis
- Revenue Share Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Services Offered
- North America—Forecast Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Services Offered
- Europe—Forecast Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Services Offered
- Asia-Pacific—Forecast Analysis
- Growth Metrics
- Revenue Forecast
- Revenue Forecast by Services Offered
- Rest of the World—Forecast Analysis
- Growth Opportunity 1: Furthering Circular Economy with PropTech through Digital Twins
- Growth Opportunity 2: Achieving Net-zero Goals and Sustainable Buildings with PropTech
- Growth Opportunity 3: Optimizing PropTech through Building Data and Analytics
- Best Practice Recognition
- Frost Radar
- Benefits and Impacts of Growth Opportunities
- Next Steps
- Take the Next Step
Pricing
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