The North America PropTech Market would witness market growth of 14.7% CAGR during the forecast period (2022-2028).
Proptech and related sub-sectors have enormous potential to unleash real estate potential in rural and urban regions and drive holistic localized development as internet penetration and digitalization become pervasive in developing (Tier-II and Tier-III) cities. Prop Tech companies make up more than 6% of all officially recognized startups.
In terms of overall capital raised throughout sixty-six rounds, the nation ranks fourth (for this industry), with around USD 89.1 million. Some of the most well-known brands in this sector, where buyers, sellers, and agents can communicate and share real estate information instantly, are 99acres, Magicbricks, and Nobroker.
The real estate technology sector is also seeing growth from blockchain technology. The majority of people associate cryptocurrencies like Bitcoin with distributed ledger technology. The way we purchase, sell, and rent real estate, however, might change as a result.
In October 2022, Census estimated that the United States would have spent $1,794.9 billion on construction. Private construction expenditures totaled $1,420.4 billion. Roughly 1.2 million men and women, i.e., approximately 7% of the labor force, are employed in Canada's construction industry, which is a continually growing sector. There are big plans for building all around the country. The United States is the top travel destination for Mexican visitors. 10.4 million Mexicans traveled to the US in 2021, accounting for 47% of all international travelers. Hotels and restaurants would thus become more prevalent. The PropTech market will have growth prospects in the North America area with the expanding building activity throughout the North American countries.
The US market dominated the North America PropTech Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $18,424.1 million by 2028.The Canada market is poised to grow at a CAGR of 17.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 16.3% during (2022 - 2028).
Based on End-user, the market is segmented into Housing Associations, Property Managers/ Agents, Property Investors/ Residents and Others. Based on Property Type, the market is segmented into Residential and Commercial & Industrial. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Solution, the market is segmented into Software and Service. Based on Software Type, the market is segmented into Property Management, Asset Management, Sales & Advertisements, Work order Management and Customer Relationship Management & Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global PropTech Market is Estimated to reach $64.3 Billion by 2028, at a CAGR of 15.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Altus Group Limited, Ascendix Technologies, Zumper, Inc., Opendoor technologies, Inc., Reggora, Inc., Guesty Inc., Holo Builder (FARO Technologies, Inc.), Zillow Group, Inc., ManageCasa, Inc., and Coadjute Limited.
Scope of the Study
Market Segments Covered in the Report:
By End-user
- Housing Associations
- Property Managers/ Agents
- Property Investors/ Residents
- Others
By Property Type
- Residential
- Commercial & Industrial
By Deployment Type
By Solution
- Software
- Property Management
- Asset Management
- Sales & Advertisements
- Work order Management
- Customer Relationship Management & Others
- Service
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Altus Group Limited
- Ascendix Technologies
- Zumper, Inc.
- Opendoor technologies, Inc.
- Reggora, Inc.
- Guesty Inc.
- Holo Builder (FARO Technologies, Inc.)
- Zillow Group, Inc.
- ManageCasa, Inc.
- Coadjute Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America PropTech Market, by End-user
1.4.2 North America PropTech Market, by Property Type
1.4.3 North America PropTech Market, by Deployment Type
1.4.4 North America PropTech Market, by Solution
1.4.5 North America PropTech Market, by Type
1.4.6 North America PropTech Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Oct – 2022, Sep) Leading Players
Chapter 4. North America PropTech Market by End-user
4.1 North America Housing Associations Market by Country
4.2 North America Property Managers/ Agents Market by Country
4.3 North America Property Investors/ Residents Market by Country
4.4 North America Other End-user Market by Country
Chapter 5. North America PropTech Market by Property Type
5.1 North America Residential Market by Country
5.2 North America Commercial & Industrial Market by Country
Chapter 6. North America PropTech Market by Deployment Type
6.1 North America Cloud Market by Country
6.2 North America On-premise Market by Country
Chapter 7. North America PropTech Market by Solution
7.1 North America Software Market by Country
7.2 North America PropTech Market by Software Type
7.2.1 North America Property Management Market by Country
7.2.2 North America Asset Management Market by Country
7.2.3 North America Sales & Advertisements Market by Country
7.2.4 North America Work order Management Market by Country
7.2.5 North America Customer Relationship Management & Others Market by Country
7.3 North America Service Market by Country
Chapter 8. North America PropTech Market by Country
8.1 US PropTech Market
8.1.1 US PropTech Market by End-user
8.1.2 US PropTech Market by Property Type
8.1.3 US PropTech Market by Deployment Type
8.1.4 US PropTech Market by Solution
8.1.4.1 US PropTech Market by Software Type
8.2 Canada PropTech Market
8.2.1 Canada PropTech Market by End-user
8.2.2 Canada PropTech Market by Property Type
8.2.3 Canada PropTech Market by Deployment Type
8.2.4 Canada PropTech Market by Solution
8.2.4.1 Canada PropTech Market by Software Type
8.3 Mexico PropTech Market
8.3.1 Mexico PropTech Market by End-user
8.3.2 Mexico PropTech Market by Property Type
8.3.3 Mexico PropTech Market by Deployment Type
8.3.4 Mexico PropTech Market by Solution
8.3.4.1 Mexico PropTech Market by Software Type
8.4 Rest of North America PropTech Market
8.4.1 Rest of North America PropTech Market by End-user
8.4.2 Rest of North America PropTech Market by Property Type
8.4.3 Rest of North America PropTech Market by Deployment Type
8.4.4 Rest of North America PropTech Market by Solution
8.4.4.1 Rest of North America PropTech Market by Software Type
Chapter 9. Company Profiles
9.1 Zillow Group, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Acquisition and Mergers:
9.2 Altus Group Limited
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.4.2 Acquisition and Mergers:
9.3 Opendoor technologies, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Technology and Development Expenses
9.3.4 Recent strategies and developments:
9.3.4.1 Partnerships, Collaborations, and Agreements:
9.3.4.2 Acquisition and Mergers:
9.4 Holo Builder (FARO Technologies, Inc.)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.5 Zumper, Inc.
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Partnerships, Collaborations, and Agreements:
9.5.2.2 Product Launches and Product Expansions:
9.5.2.3 Acquisition and Mergers:
9.6 Reggora, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.7 ManageCasa, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.8 Coadjute Limited
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 Guesty, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.2.2 Acquisition and Mergers:
9.10. Ascendix Technologies
9.10.1 Company Overview
TABLE 1 North America PropTech Market, 2018 - 2021, USD Million
TABLE 2 North America PropTech Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– PropTech Market
TABLE 4 Product Launches And Product Expansions– PropTech Market
TABLE 5 Acquisition and Mergers– PropTech Market
TABLE 6 North America PropTech Market by End-user, 2018 - 2021, USD Million
TABLE 7 North America PropTech Market by End-user, 2022 - 2028, USD Million
TABLE 8 North America Housing Associations Market by Country, 2018 - 2021, USD Million
TABLE 9 North America Housing Associations Market by Country, 2022 - 2028, USD Million
TABLE 10 North America Property Managers/ Agents Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Property Managers/ Agents Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Property Investors/ Residents Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Property Investors/ Residents Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Other End-user Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Other End-user Market by Country, 2022 - 2028, USD Million
TABLE 16 North America PropTech Market by Property Type, 2018 - 2021, USD Million
TABLE 17 North America PropTech Market by Property Type, 2022 - 2028, USD Million
TABLE 18 North America Residential Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Residential Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Commercial & Industrial Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Commercial & Industrial Market by Country, 2022 - 2028, USD Million
TABLE 22 North America PropTech Market by Deployment Type, 2018 - 2021, USD Million
TABLE 23 North America PropTech Market by Deployment Type, 2022 - 2028, USD Million
TABLE 24 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 26 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 27 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 28 North America PropTech Market by Solution, 2018 - 2021, USD Million
TABLE 29 North America PropTech Market by Solution, 2022 - 2028, USD Million
TABLE 30 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 32 North America PropTech Market by Software Type, 2018 - 2021, USD Million
TABLE 33 North America PropTech Market by Software Type, 2022 - 2028, USD Million
TABLE 34 North America Property Management Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Property Management Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Asset Management Market by Country, 2018 - 2021, USD Million
TABLE 37 North America Asset Management Market by Country, 2022 - 2028, USD Million
TABLE 38 North America Sales & Advertisements Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Sales & Advertisements Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Work order Management Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Work order Management Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Customer Relationship Management & Others Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Customer Relationship Management & Others Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Service Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Service Market by Country, 2022 - 2028, USD Million
TABLE 46 North America PropTech Market by Country, 2018 - 2021, USD Million
TABLE 47 North America PropTech Market by Country, 2022 - 2028, USD Million
TABLE 48 US PropTech Market, 2018 - 2021, USD Million
TABLE 49 US PropTech Market, 2022 - 2028, USD Million
TABLE 50 US PropTech Market by End-user, 2018 - 2021, USD Million
TABLE 51 US PropTech Market by End-user, 2022 - 2028, USD Million
TABLE 52 US PropTech Market by Property Type, 2018 - 2021, USD Million
TABLE 53 US PropTech Market by Property Type, 2022 - 2028, USD Million
TABLE 54 US PropTech Market by Deployment Type, 2018 - 2021, USD Million
TABLE 55 US PropTech Market by Deployment Type, 2022 - 2028, USD Million
TABLE 56 US PropTech Market by Solution, 2018 - 2021, USD Million
TABLE 57 US PropTech Market by Solution, 2022 - 2028, USD Million
TABLE 58 US PropTech Market by Software Type, 2018 - 2021, USD Million
TABLE 59 US PropTech Market by Software Type, 2022 - 2028, USD Million
TABLE 60 Canada PropTech Market, 2018 - 2021, USD Million
TABLE 61 Canada PropTech Market, 2022 - 2028, USD Million
TABLE 62 Canada PropTech Market by End-user, 2018 - 2021, USD Million
TABLE 63 Canada PropTech Market by End-user, 2022 - 2028, USD Million
TABLE 64 Canada PropTech Market by Property Type, 2018 - 2021, USD Million
TABLE 65 Canada PropTech Market by Property Type, 2022 - 2028, USD Million
TABLE 66 Canada PropTech Market by Deployment Type, 2018 - 2021, USD Million
TABLE 67 Canada PropTech Market by Deployment Type, 2022 - 2028, USD Million
TABLE 68 Canada PropTech Market by Solution, 2018 - 2021, USD Million
TABLE 69 Canada PropTech Market by Solution, 2022 - 2028, USD Million
TABLE 70 Canada PropTech Market by Software Type, 2018 - 2021, USD Million
TABLE 71 Canada PropTech Market by Software Type, 2022 - 2028, USD Million
TABLE 72 Mexico PropTech Market, 2018 - 2021, USD Million
TABLE 73 Mexico PropTech Market, 2022 - 2028, USD Million
TABLE 74 Mexico PropTech Market by End-user, 2018 - 2021, USD Million
TABLE 75 Mexico PropTech Market by End-user, 2022 - 2028, USD Million
TABLE 76 Mexico PropTech Market by Property Type, 2018 - 2021, USD Million
TABLE 77 Mexico PropTech Market by Property Type, 2022 - 2028, USD Million
TABLE 78 Mexico PropTech Market by Deployment Type, 2018 - 2021, USD Million
TABLE 79 Mexico PropTech Market by Deployment Type, 2022 - 2028, USD Million
TABLE 80 Mexico PropTech Market by Solution, 2018 - 2021, USD Million
TABLE 81 Mexico PropTech Market by Solution, 2022 - 2028, USD Million
TABLE 82 Mexico PropTech Market by Software Type, 2018 - 2021, USD Million
TABLE 83 Mexico PropTech Market by Software Type, 2022 - 2028, USD Million
TABLE 84 Rest of North America PropTech Market, 2018 - 2021, USD Million
TABLE 85 Rest of North America PropTech Market, 2022 - 2028, USD Million
TABLE 86 Rest of North America PropTech Market by End-user, 2018 - 2021, USD Million
TABLE 87 Rest of North America PropTech Market by End-user, 2022 - 2028, USD Million
TABLE 88 Rest of North America PropTech Market by Property Type, 2018 - 2021, USD Million
TABLE 89 Rest of North America PropTech Market by Property Type, 2022 - 2028, USD Million
TABLE 90 Rest of North America PropTech Market by Deployment Type, 2018 - 2021, USD Million
TABLE 91 Rest of North America PropTech Market by Deployment Type, 2022 - 2028, USD Million
TABLE 92 Rest of North America PropTech Market by Solution, 2018 - 2021, USD Million
TABLE 93 Rest of North America PropTech Market by Solution, 2022 - 2028, USD Million
TABLE 94 Rest of North America PropTech Market by Software Type, 2018 - 2021, USD Million
TABLE 95 Rest of North America PropTech Market by Software Type, 2022 - 2028, USD Million
TABLE 96 Key Information – Zillow Group, Inc.
TABLE 97 Key Information – Altus Group Limited
TABLE 98 Key Information – Opendoor technologies, Inc.
TABLE 99 Key Information – Holo Builder
TABLE 100 Key Information – Zumper, Inc.
TABLE 101 Key Information – Reggora, Inc.
TABLE 102 Key Information – ManageCasa, Inc.
TABLE 103 Key Information – Coadjute Limited
TABLE 104 Key Information – Guesty, Inc.
TABLE 105 Key Information –Ascendix Technologies
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2018, Oct – 2022, Sep) Leading Players
FIG 4 Recent strategies and developments: Zillow Group, Inc.
FIG 5 Recent strategies and developments: Zumper, Inc.