The global Proptech market is expected to reach a revenue of USD Million by 2030, with a CAGR of 18.37% from 2023 to 2030. This growth is driven by the rapid digitization of the real estate industry and the need for efficiency, transparency, and improved customer experience. Proptech, or property technology, refers to the application of technology in the real estate industry, including software, hardware, and platforms that aim to improve various aspects of real estate. Key players in this market include Ascendix Technologies, Zumper Inc., Opendoor, Altus Group, and more.
