Property Technology Market, Global, 2024 2029

Property Technology Market, Global, 2024 2029

PropTech is Experiencing Transformational Growth Due to Demand for Sustainability and Operational Efficiency

RELEASE DATE
07-Aug-2024
REGION
Global
Deliverable Type
Market Research
Research Code: PFME-01-00-00-00
SKU: EN_2024_919
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$4,950.00
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SKU
EN_2024_919
$4,950.00
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Description

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.

Author: Dennis Marcell Victor

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

Major Companies in PropTech (continued)

Emerging Companies in PropTech

Emerging Companies in PropTech (continued)

Emerging Companies in PropTech (continued)

Emerging Companies in PropTech (continued)

Emerging Companies in PropTech (continued)

Emerging Companies in PropTech (continued)

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 1: Furthering Circular Economy with PropTech through Digital Twins (continued)

Growth Opportunity 2: Achieving Net-zero Goals and Sustainable Buildings with PropTech

Growth Opportunity 2: Achieving Net-zero Goals and Sustainable Buildings with PropTech (continued)

Growth Opportunity 3: Optimizing PropTech through Building Data and Analytics

Growth Opportunity 3: Optimizing PropTech through Building Data and Analytics (continued)

Best Practice Recognition

Frost Radar

Benefits and Impacts of Growth Opportunities

Next Steps

Take the Next Step

List of Exhibits

List of Exhibits (continued)

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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. Author: Dennis Marcell Victor
More Information
Deliverable Type Market Research
Author Dennis Marcell Victor
Industries Environment
No Index No
Is Prebook No
Keyword 1 Property Management Market
Keyword 2 Proptech Market
Keyword 3 Property Technology Market
Podcast No
WIP Number PFME-01-00-00-00