The PropTech CRM market size is forecasted to grow at a CAGR of 10.90% from 2024 to 2034, owing to the ongoing technological innovations and developments.
PropTech CRM solutions are a great help for keeping up with the clients, which further increases the adoption of PropTech CRM by Real Estate Agents & Brokerages, leading the market to close at US$ 955.1 million by the end of 2024. But it does not stop there, the market is likely to strike a valuation of US$ 2,687.70 million by the end of the decade.
Attributes | Key Insights |
---|---|
PropTech CRM Industry Estimated Size in 2024 | US$ 955.1 million |
Projected Industry Value in 2034 | US$ 2,687.70 million |
Value-based CAGR from 2024 to 2034 | 10.90% |
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Historical Value in 2019 | US$ 589 million |
---|---|
Market Value in 2023 | US$ 866.9 million |
Market Estimated Size in 2024 | US$ 955.1 million |
Projected Market Value in 2034 | US$ 2,687.70 million |
During the historical period, the PropTech CRM market grew at a CAGR of 10.10%. Moving forward the market is predicted to show positive growth prospects and surge at a CAGR of 10.90% by the end of 2034.
Historical CAGR from 2019 to 2023 | 10.10% |
---|---|
Forecast CAGR from 2024 to 2034 | 10.90% |
The PropTech CRM market is flying high owing to the rising adoption of big data analytics, which offers increased productivity, better decision-making, enhanced customer service, and overall growth.
Big data solutions assist investors in making a better call regarding marketing, selling, and going for the most lucrative deal. These solutions also serve as the differentiating factor for numerous companies, providing them with a competitive advantage in this highly competitive market.
High Adoption of AI and Big Data to Propel Market Growth
The real estate market gathers large amounts of data from numerous sources, such as property listings, transaction histories, market trends, and customer behavior. PropTech CRM markets players can now access, analyze, and integrate data efficiently owing to big data solutions and AI, allowing them to get valuable insights and make better choices.
AI systems can ingest huge datasets and identify patterns and trends that human analysts may have missed. In the Proptech business, these predictive analytics skills have been applied to estimate property prices, occupancy rates, rental patterns, and investment opportunities.
PropTech presents a number of regulatory and legal problems that must be addressed.
Most developing technologies rely on or generate large volumes of data. This might raise concerns about data privacy, intellectual property, and using data as an asset. There are also several legal difficulties relating to certain technologies. Blockchain, for example, requires irreversible data storage on the ledger, violating data protection rules. This type of issue must be addressed upfront when deploying blockchain-based solutions.
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China leads the PropTech CRM market with 11.40%, followed by United States at 8.50%. Australia and New Zealand are surging at a CAGR of 6.70%. Germany is growing at 4.10% CAGR, and Japan at 3.00%, reflecting diverse global real estate patterns and emerging market dynamics in the PropTech CRM industry.
Countries | Forecast CAGRs from 2024 to 2034 |
---|---|
China | 11.40% |
United States | 8.50% |
Australia and New Zealand | 6.70% |
Germany | 4.10% |
Japan | 3.00% |
China emerges as a powerhouse propelling the PropTech CRM industry with an impressive 11.40% projected CAGR until 2034.
During the forecast period, the growing use of cloud technologies by various small and medium-sized organizations in China is predicted to increase demand for PropTech CRM. The rising trend of carrying your device drives up demand for PropTech in China. China is likely to develop significantly throughout the projection period, indicating its strong position in the sector.
The United States is a key market for the PropTech CRM market players, poised for a remarkable 8.50% projected CAGR until 2034. The presence of prominent firms in the country has contributed to the market growth. The real estate industry in the United States is expanding, making it one of the most stable and promising businesses.
The area is said to be an early user of technology. Its millennial population, which is technologically savvy, is pushing rising demand for smart homes outfitted with IoT-enabled devices. This, in turn, is driving market expansion in the United States.
Australia and New Zealand chart a significant course in the PropTech CRM market, boasting a solid 6.70% projected CAGR until 2034. In the dynamic realm of real estate technology, Australia and New Zealand emerge as burgeoning landscapes for PropTech CRM solutions.
With evolving market dynamics and a growing emphasis on efficiency, these regions witness a surge in demand for innovative customer relationship management tools tailored to the unique nuances of the real estate sector.
PropTech CRM platforms in Australia and New Zealand offer many features, including lead management, property listing organization, and streamlined transaction coordination. As industry players strive to stay ahead in these competitive markets, adopting cutting-edge CRM technologies becomes paramount, shaping the regional real estate operations.
Germany is a driving force in the PropTech CRM market, surging at a 4.10% projected CAGR until 2034. Germany is still in the early phases of digitalization and technology adoption, with capital deployed set to triple over the next two years. There will be several opportunities for European investors, particularly those seeking long-term collaborations with startups.
PropTech firms may grow their operations faster, invest in product development, and expand globally due to their increasing size and total financial levels, allowing them to compete in German markets soon.
Japan PropTech CRM market is surging sluggishly with a 3.00% projected CAGR until 2034. In Japan real estate market, the rise of PropTech CRM systems is redefining industry norms. PropTech CRM solutions provide a complex set of capabilities geared to the specific needs of this industry. These technologies make it easier for agents, brokers, and property managers to handle leads, list properties, and engage with clients.
With an emphasis on accuracy and innovation, the Japan PropTech CRM industry is expanding at a slow pace, backed by technology improvements and increasing customer tastes. As the business evolves, these tools become crucial, allowing real estate professionals to confidently and agilely navigate Japan PropTech CRM market.
Category | Market Share in 2024 |
---|---|
Real Estate Agents | 39.40% |
Residential | 58.50% |
In the PropTech CRM market, the real estate agents segment emerges as the driving force, commanding a substantial 39.40% market share. Their adoption of specialized CRM solutions amplifies efficiency, streamlines client interactions, and fuels innovation, underscoring their pivotal role in propelling the industry forward.
In 2024, residential properties reign supreme, commanding a staggering 58.50% market share, propelling the growth of PropTech CRM. This dominance underscores the pivotal role of residential real estate in propelling technological innovation as agents, brokers, and developers harness CRM solutions to navigate and thrive in this dynamic market landscape.
The Proptech CRM market is a highly competitive market with prominent market participants. Market leaders are exploring a variety of measures to strengthen their offers, including strategic partnerships, new product and service launches, and geographical expansion, among others.
Recent Developments
Attribute | Details |
---|---|
Estimated Industry Size in 2024 | US$ 955.1 million |
Projected Industry Valuation in 2034 | US$ 2,687.70 million |
Value-based CAGR 2024 to 2034 | 10.90% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Industry Analysis | Value in US$ million |
Key Regions Covered |
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Key Industry Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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The PropTech CRM market is projected to hit at US$ 955.1 million by 2024.
The PropTech CRM market is slated for a 10.90% CAGR expansion by 2034.
The PropTech CRM market is estimated to US$ 2,687.70 million by 2034.
China is poised to lead the market, experiencing an 11.40% CAGR through 2034.
The residential segment holds sway, projecting a market share of 58.50% through 2024.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By User Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By User Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By User Type, 2024 to 2034
5.3.1. Real Estate Agents
5.3.2. Real Estate Brokerage
5.3.3. Property Developers
5.4. Y-o-Y Growth Trend Analysis By User Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By User Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Property Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Property Type, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Property Type, 2024 to 2034
6.3.1. Residential
6.3.2. Commercial
6.4. Y-o-Y Growth Trend Analysis By Property Type, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Property Type, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023
7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By User Type
8.2.3. By Property Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By User Type
8.3.3. By Property Type
8.4. Key Takeaways
9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By User Type
9.2.3. By Property Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By User Type
9.3.3. By Property Type
9.4. Key Takeaways
10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By User Type
10.2.3. By Property Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By User Type
10.3.3. By Property Type
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By User Type
11.2.3. By Property Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By User Type
11.3.3. By Property Type
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By User Type
12.2.3. By Property Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By User Type
12.3.3. By Property Type
12.4. Key Takeaways
13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By User Type
13.2.3. By Property Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By User Type
13.3.3. By Property Type
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By User Type
14.2.3. By Property Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By User Type
14.3.3. By Property Type
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2023
15.1.2.1. By User Type
15.1.2.2. By Property Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2023
15.2.2.1. By User Type
15.2.2.2. By Property Type
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2023
15.3.2.1. By User Type
15.3.2.2. By Property Type
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2023
15.4.2.1. By User Type
15.4.2.2. By Property Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2023
15.5.2.1. By User Type
15.5.2.2. By Property Type
15.6. UK
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2023
15.6.2.1. By User Type
15.6.2.2. By Property Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2023
15.7.2.1. By User Type
15.7.2.2. By Property Type
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2023
15.8.2.1. By User Type
15.8.2.2. By Property Type
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2023
15.9.2.1. By User Type
15.9.2.2. By Property Type
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2023
15.10.2.1. By User Type
15.10.2.2. By Property Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2023
15.11.2.1. By User Type
15.11.2.2. By Property Type
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2023
15.12.2.1. By User Type
15.12.2.2. By Property Type
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2023
15.13.2.1. By User Type
15.13.2.2. By Property Type
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2023
15.14.2.1. By User Type
15.14.2.2. By Property Type
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2023
15.15.2.1. By User Type
15.15.2.2. By Property Type
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2023
15.16.2.1. By User Type
15.16.2.2. By Property Type
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2023
15.17.2.1. By User Type
15.17.2.2. By Property Type
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2023
15.18.2.1. By User Type
15.18.2.2. By Property Type
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2023
15.19.2.1. By User Type
15.19.2.2. By Property Type
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2023
15.20.2.1. By User Type
15.20.2.2. By Property Type
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2023
15.21.2.1. By User Type
15.21.2.2. By Property Type
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2023
15.22.2.1. By User Type
15.22.2.2. By Property Type
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2023
15.23.2.1. By User Type
15.23.2.2. By Property Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By User Type
16.3.3. By Property Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Buildesk
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.2. Unissu
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.3. Zoho
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.4. MRI Software
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.5. Sell.Do
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.6. DaeBuild CRM
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.7. Propacity
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.8. EASYRE
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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