Proptech Stats – Market Size, Growth and More [2024]

The PropTech industry has shown immense growth over the past decade. The statistics on the PropTech industry’s growth are mind-blowing and provide ample insights into the future growth of the industry.

Knowing the statistics about the PropTech industry will help you make an informed decision and design the course of your business plans in a profitable manner.

Statistics on the PropTech Industry

The key statistics of the PropTech industry are listed below.

• PropTech Market Size: According to the International Market Analysis Research and Consulting Group (IMARC Group), the market size of the PropTech industry in the year 2023 was found to be 31.1 billion USD.

• PropTech Market Growth: The International Market Analysis Research and Consulting Group (IMARC Group) reports a forecast of market growth of a value of 100.7 billion USD for the PropTech industry in the year 2032.

• PropTech Market Growth Rate: The market growth rate of the PropTech industry is predicted to be 13.95% between the years 2024 and 2032 by the International Market Analysis Research and Consulting Group (IMARC Group).

• PropTech Industry Investment: The North American and Asia Pacific region has seen the highest growth and investment in the PropTech industry so far. Statista says that in the year 2022, in the North American region, the United States saw 61.1 billion USD of investment in the PropTech industry. In the Asia Pacific region, China and India invested 12.5 billion USD and 9.1 billion USD respectively.

• PropTech Industry Leading Segment: Zion Market Research predicts that the residential real estate sector will dominate the PropTech market in the upcoming years.

Conclusion

The statistics on the PropTech industry show a highly promising future. Investing in the PropTech industry, therefore, will be a wise investment.

With the North American and the Asia Pacific region markets, especially the Indian and Chinese PropTech markets showing huge growth potential, this is the right time to invest in the PropTech market and hit big.

We wish you great success in the PropTech business venture!