Property Technology (Proptech) Market Report 2026

The property technology (proptech) market size has grown rapidly in recent years. It will grow from $41.26 billion in 2025 to $47.39 billion in 2026 at a compound annual growth rate (CAGR) of 14.8%. The growth in the historic period can be attributed to increasing digitization of real estate processes, early adoption of cloud-based management tools, rise of online property listings, expansion of tech-enabled property investment platforms, growing need for automated tenant workflows.

The property technology (proptech) market size is expected to see rapid growth in the next few years. It will grow to $83.01 billion in 2030 at a compound annual growth rate (CAGR) of 15%. The growth in the forecast period can be attributed to rising use of AI-driven property analytics, increased deployment of IOT-enabled smart home systems, expansion of blockchain-based real estate transactions, accelerated shift toward digital building automation, growing demand for cloud-native property management solutions. Major trends in the forecast period include increasing adoption of digital property service platforms, growth in smart monitoring and automation tools, expansion of predictive maintenance and analytics, rising shift toward sustainable property operations, integration of digital payment and compliance management systems.

The growing demand for property management services is expected to fuel the expansion of the property technology (PropTech) market. Property management services involve overseeing the administration, operation, and maintenance of real estate properties on behalf of owners, which includes tenant management, maintenance tasks, and rent collection. The rising demand for these services can be linked to factors such as increased rental property demand, growing real estate investments, and the trend toward outsourcing property management to professionals for improved efficiency and regulatory compliance. PropTech supports property management services by optimizing operations, enhancing tenant satisfaction, and enabling data-driven management practices, making outsourcing a more attractive option for property owners. For example, in May 2024, Scanlans Property Management LLP, a UK-based property management company, reported that the UK had 22,751 property management businesses in 2023, reflecting a 3.3% increase compared to 2022. Thus, the increasing demand for property management services is driving growth in the PropTech market.

Leading companies in the property technology (Proptech) market are focusing on developing innovative solutions such as Proptech-focused podcasts to provide real-time industry insights and keep professionals updated on emerging technologies. Proptech-focused podcasts are digital audio programs that deliver expert discussions, market trends, and technology updates in real estate, helping professionals make informed decisions and adopt new innovations efficiently. For example, in July 2025, Lone Wolf Technologies Inc., a Canada-based real estate software company, launched PropTech Pulse, a podcast series designed to deliver real estate technology insights in concise 20-minute episodes. The podcast covers emerging technologies, market trends, and actionable strategies for real estate professionals, allowing them to stay informed without disrupting their workflow. Its value lies in the combination of expert commentary and short, focused episodes, providing an efficient tool for learning and adopting new Proptech solutions.

In February 2023, MRI Software LLC, a U.S.-based real estate technology company, acquired PropTech Group Limited for US $93.4 million. Through this acquisition, MRI Software aimed to strengthen its residential sales and property management software suite across Australia and New Zealand, expand its geographic footprint, and enhance its end-to-end consumer lifecycle capabilities. PropTech Group Limited, based in Australia, specializes in providing innovative real estate software solutions.

Major companies operating in the property technology (proptech) market are Opendoor Technologies Inc., Airbnb Inc., WeWork Companies Inc., Stitch AI Inc., Compass Inc., EquipmentShare.com Inc., HomeLight Inc., Pacaso Inc., Kin Insurance Inc., VTS Inc., Hometap Equity Partners LLC, Roofr Inc., Homeday GmbH, Engrain LLC, Landbay Partners Limited, Bilt Rewards Inc., Orchard Platform Corporation, flatfair Limited, Plentific Limited, Lavanda Ventures Ltd., HomeViews Limited, Ideal Flatmate Ltd, Ohmyhome Pte. Ltd., Acaboom Limited.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the property technology (proptech) market by increasing costs for imported sensors, smart home devices, cloud infrastructure components, and digital automation hardware. These higher expenses particularly affect residential and commercial property technology deployments dependent on foreign electronics and software ecosystems. However, tariffs are incentivizing local manufacturing, regionalized supply chains, and accelerated development of domestic PropTech solutions, contributing to long-term innovation and reduced import reliance.

The main components of proptech are solution and services. PropTech solutions refer to the use of technology to improve and streamline various aspects of the real estate industry, including buying, selling, renting, investing, designing, constructing, and managing properties. They are deployed based on on-premise and cloud learning modes for various properties include residential property and commercial property by housing associations, property managers agents, property investors, and other end users.

Property technology (prop-tech) refers to using technology to innovate, streamline, and enhance various aspects of the real estate industry. This includes software, hardware, and platforms that digitize and optimize property management, development, sales, leasing, and investment processes. PropTech solutions leverage technologies such as artificial intelligence, big data analytics, the internet of things (IoT), and blockchain to improve efficiency, transparency, and user experience in real estate transactions and operations.

The main components of proptech are solution and services. PropTech solutions refer to the use of technology to improve and streamline various aspects of the real estate industry, including buying, selling, renting, investing, designing, constructing, and managing properties. They are deployed based on on-premise and cloud learning modes for various properties include residential property and commercial property by housing associations, property managers agents, property investors, and other end users.North America was the largest region in the property technology (PropTech) market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the property technology (proptech) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the property technology (proptech) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The property technology (PropTech) market includes revenues earned by entities by providing services such as property listing and search platforms, property management software, smart home technologies, crowdfunding and real estate investment platforms, blockchain and smart contracts, facilities management solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The property technology (PropTech) market also included sales of smart thermostats, smart locks, smart lightbulbs, smart speakers and voice assistants, security cameras, and sensors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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