PropTech Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

PropTech Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of PropTech Market

The proptech market size was reached a value of USD 33.57 billion in 2023, and the market is now projected to rise from USD 33.65 billion in 2024 to USD 89.93 billion by 2032, exhibiting a CAGR of 11.9% during the forecast period of 2023-2030.

The COVID-19 pandemic impacted the real estate industry significantly, by reducing demand for leases, new purchases, rents, and other services led to reduction of protech market growth. At the same time, the demand for residential accommodation expanded as people sought greater room to study and work. Thus, the COVID-19 pandemic has accelerated the support and demand for such solutions, resulting in increased financing and investment for continuing development and the new normal of the future.

The demand for the use of cloud-based proptech solutions will accelerate market growth. Due to their ease of data access, cloud-based proptech data solutions are gaining popularity leading to market expansion. It helps property managers to stay up to date on data solutions and prevent lease issues like missed rent checks or late payments. In addition, it allows them to back up their data and share information with their colleagues thus provide a 360 view to property watchers while reducing costs. With such advantages many business organization’s investors are investing in the cloud-based property technology solutions.

Additionally, due to implementation of advanced technologies will augment market growth. The industry is evolving rapidly due to technological advancements in the high-tech scene and changing client demands. Such technologies enable real estate companies to conduct virtual tours of houses, manage their properties online, and even deploy drones to inspect their properties.

Comprehensive Analysis of PropTech Market

The proptech market is rising with an exponential rate due to its market segmentation. This market expansion effectively provides a detailed geographical assessment considering the dominant supply and demand forces that impact the proptech management industry. These segmentations are methodically segregated by types of solution, by deployment, by property and by end users. The types of By Solution segment include Integrated Platform/Software and Standalone Software, and By Deployment segment include Cloud and On-premise, and By Property Type segment include Residential and Commercial. However, By End-user segment include Real Estate Agents, Property Investors, Housing Associations, and Others.

In the proptech market, North America region lead the proptech devices market by benefitting a market size of USD 12.79 billion in 2023 owing to robust technological infrastructure and use of cloud-based proptech solutions.

The prominent players in the market play a crucial role in the proptech industry assuring industrial prospectus growth and setting market standards. These players include, Guesty Inc. (Israel), Zumper Inc. (U.S.), Qualia Labs, Inc. (U.S.), Ascendix Tech (U.S.), Zillow (U.S.) CoreLogic (U.S.), Reonomy (U.S.), View The Space (U.S.), MRI Software LLC (U.S.) and Altus Group (Canada) these prominent market players provide a level-playing competitive landscape.

In February 2023, MoxiWorks announced that Homestack, a mobile app maker has joined the MaxiCloud open network partner program. This feature allows MoxiWorks clients to incorporate HomeStack within their MoxiWorks products group.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 11.9% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Solution

Integrated Platform/Software

Standalone Software

By Deployment

Cloud

On-premise

By Property Type

Residential

Commercial

By End-user

Real Estate Agents

Housing Associations

Property Investors

Others (Mortgage Lenders and others)

By Region

North America (By Solution, By Deployment, By Property Type, End-user, and By Country)

- U.S. (By End-user)

- Canada (By End-user)

- Mexico (By End-user)

South America (By Solution, By Deployment, By Property Type, End-user, and By Country)

- Brazil (By End-user)

- Argentina (By End-user)

- Rest of South America

Europe (By Solution, By Deployment, By Property Type, End-user, and By Country)

- U.K. (By End-user)

- Germany (By End-user)

- France (By End-user)

- Italy (By End-user)

- Spain (By End-user)

- Russia (By End-user)

- Benelux (By End-user)

- Nordics (By End-user)

- Rest of Europe

Middle East & Africa (By Solution, By Deployment, By Property Type, End-user, and By Country)

- Turkey (By End-user)

- Israel (By End-user)

- GCC (By End-user)

- North Africa (By End-user)

- South Africa (By End-user)

- Rest of the Middle East & Africa

Asia Pacific (By Solution, By Deployment, By Property Type, End-user, and By Country)

- China (By End-user)

- Japan (By End-user)

- India (By End-user)

- South Korea (By End-user)

- ASEAN (By End-user)

- Oceania (By End-user)

- Rest of the Asia Pacific


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1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Network Analytics Key Players Market Share/Ranking, 2023
5. Global Network Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Component (USD)
5.2.1. Solution
5.2.2. Services
5.3. By Network Type (USD)
5.3.1. Enterprise Network
5.3.1.1. Cloud
5.3.1.2. On-Premise
5.3.1.3. Hybrid
5.3.2. Telecom Network
5.4. By End User (USD)
5.4.1. Organization, Enterprise, Businesses
5.4.1.1. SMEs
5.4.1.2. Large Enterprise
5.4.2. Telecom Companies
5.4.3. Data Centers
5.5. By Region (USD)
5.5.1. North America
5.5.2. South America
5.5.3. Europe
5.5.4. Middle East & Africa
5.5.5. Asia Pacific
6. North America Network Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Component (USD)
6.2.1. Solution
6.2.2. Services
6.3. By Network Type (USD)
6.3.1. Enterprise Network
6.3.1.1. Cloud
6.3.1.2. On-Premise
6.3.1.3. Hybrid
6.3.2. Telecom Network
6.4. By End User (USD)
6.4.1. Organization, Enterprise, Businesses
6.4.1.1. SMEs
6.4.1.2. Large Enterprise
6.4.2. Telecom Companies
6.4.3. Data Centers
6.5. By Country (USD)
6.5.1. United States
6.5.2. Canada
6.5.3. Mexico
7. South America Network Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Component (USD)
7.2.1. Solution
7.2.2. Services
7.3. By Network Type (USD)
7.3.1. Enterprise Network
7.3.1.1. Cloud
7.3.1.2. On-Premise
7.3.1.3. Hybrid
7.3.2. Telecom Network
7.4. By End User (USD)
7.4.1. Organization, Enterprise, Businesses
7.4.1.1. SMEs
7.4.1.2. Large Enterprise
7.4.2. Telecom Companies
7.4.3. Data Centers
7.5. By Country (USD)
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South America
8. Europe Network Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Component (USD)
8.2.1. Solution
8.2.2. Services
8.3. By Network Type (USD)
8.3.1. Enterprise Network
8.3.1.1. Cloud
8.3.1.2. On-Premise
8.3.1.3. Hybrid
8.3.2. Telecom Network
8.4. By End User (USD)
8.4.1. Organization, Enterprise, Businesses
8.4.1.1. SMEs
8.4.1.2. Large Enterprise
8.4.2. Telecom Companies
8.4.3. Data Centers
8.5. By Country (USD)
8.5.1. United Kingdom
8.5.2. Germany
8.5.3. France
8.5.4. Italy
8.5.5. Spain
8.5.6. Russia
8.5.7. Benelux
8.5.8. Nordics
8.5.9. Rest of Europe
9. Middle East & Africa Network Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Component (USD)
9.2.1. Solution
9.2.2. Services
9.3. By Network Type (USD)
9.3.1. Enterprise Network
9.3.1.1. Cloud
9.3.1.2. On-Premise
9.3.1.3. Hybrid
9.3.2. Telecom Network
9.4. By End User (USD)
9.4.1. Organization, Enterprise, Businesses
9.4.1.1. SMEs
9.4.1.2. Large Enterprise
9.4.2. Telecom Companies
9.4.3. Data Centers
9.5. By Country (USD)
9.5.1. Turkey
9.5.2. Israel
9.5.3. GCC
9.5.4. North Africa
9.5.5. South Africa
9.5.6. Rest of MEA
10. Asia Pacific Network Analytics Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Component (USD)
10.2.1. Solution
10.2.2. Services
10.3. By Network Type (USD)
10.3.1. Enterprise Network
10.3.1.1. Cloud
10.3.1.2. On-Premise
10.3.1.3. Hybrid
10.3.2. Telecom Network
10.4. By End User (USD)
10.4.1. Organization, Enterprise, Businesses
10.4.1.1. SMEs
10.4.1.2. Large Enterprise
10.4.2. Telecom Companies
10.4.3. Data Centers
10.5. By Country (USD)
10.5.1. China
10.5.2. India
10.5.3. Japan
10.5.4. South Korea
10.5.5. ASEAN
10.5.6. Oceania
10.5.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Nokia Corporation
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Cisco Systems, Inc.
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. VMware, Inc.
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Juniper Networks
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. IBM Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Vehere, Inc.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Plixer, LLC.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Subex
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Aruta Networks
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Cynet
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
12. Key Takeaways

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