According to Cognitive Market Research, The Global Proptech market size is USD 25.3 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 16.20% from 2023 to 2030.
Proptech demand is increasing as the real estate industry embraces various innovative technology solutions and services, which are expected to propel the market.
Demand for CRE tech remains higher in the proptech market.
The Building and Construction category held the highest proptech market revenue share in 2023.
North American proptech will continue to lead, whereas the Asia-Pacific proptech market will experience the most substantial growth until 2030.
