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The global Proptech market was valued at USD 26.8 billion in 2022, and is projected to reach USD 119.9 billion by 2032, growing at a CAGR of 16.5% from 2023 to 2032. The growth is anticipated to be driven by increasing adoption of several cutting-edge technologies such as IoT, ML, AI and VR across the real estate industry. The Proptech market is segmented into component, deployment mode, type, end user, and region. Key strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape are discussed in the report.
