GITNUX MARKETDATA REPORT 2024

Must-Know Proptech Industry Statistics [Current Data]

Statistic 1

"By 2025, the global proptech market is predicted to reach over $20 billion."

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Statistic 2

"Proptech companies around the globe raised a whopping $14 billion in funding in the first half of 2019."

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Statistic 3

"Proptech startup investments totalled a record high of $42 billion in 2019."

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Statistic 4

"65% of property managers said digital solutions significantly reduced costs."

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Statistic 5

"More than 50% of real estate firms say they’re using property technology."

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Statistic 6

"69% of proptech investments were committed by venture capitalists."

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Statistic 7

"86 percent of real estate agencies plan to spend more resources on proptech in coming years."

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Statistic 8

"Most property professionals — 92 percent — said proptech will have a positive impact on the real estate industry."

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Statistic 9

"All over Europe, there are around 2,000 proptech firms."

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Statistic 10

"The real estate industry’s spend on proptech grew from 4 billion dollars in 2014 to 8 billion dollars in 2019."

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Statistic 11

"40% of proptech startups offer tools for buyers and sellers."

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Statistic 12

"Investment in proptech companies in Asia has increased by over 600% between 2014 and 2019."

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Statistic 13

"More than 70% of commercial real estate investors expect to adopt proptech solutions in their business strategies."

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