Value of proptech investment worldwide 2010-H1 2022
In 2021,
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What is proptech?
Proptech, also known as Real Estate Tech or CRE Tech, is the use of information technology to assist in the research, purchase, sale and management of real estate. It is comparable to FinTech for the financial services sector in that way. Proptech is a relatively new area, but has huge potential to disrupt the real estate sector. A 2019 survey demonstrated this, when over Log in or register to access precise data.
Focus of proptech startups
Some property sectors are more attractive to proptechs than others. In 2021, over half of proptech startup CEOs said they were focused on residential real estate markets, whereas only one fourth were targeting hospitality real estate markets.