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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To stay ahead of the curve, the market players can make use of the following:
| 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.
Principal Consultant
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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In the comparative view of adjacent industries, the PropTech CRM industry exhibits a robust 10.90% CAGR from 2024 to 2034, while the Real Estate InsurTech market surged astronomically at a 22.6% CAGR from 2023 to 2033, and the property management software market to register a CAGR of 13.1% from 2023 to 2033. This underscores the steady growth and promising trajectory of the PropTech CRM industry in the coming years.
PropTech CRM Industry:
| Attributes | PropTech CRM Industry |
|---|---|
| CAGR from 2024 to 2034 | 10.90% |
| Key Trends | The increased acceptance of numerous new technology-based solutions and services in the real estate industry is expected to boost the market. |
| Opportunity | PropTech is in great demand as it uses unique characteristics such as location, property features, and price to filter out inappropriate results and only provide options most likely to meet their needs. |
Real Estate InsurTech Market:
| Attributes | Real Estate InsurTech Market |
|---|---|
| CAGR from 2023 to 2033 | 22.6% |
| Key Trends | Data analytics and IoT devices allow for capturing and analyzing massive volumes of real estate-related data, offering insights for insurers, underwriters, and property owners to make data-driven choices. |
| Opportunity | Rising demand for efficient insurance processes, effective risk management solutions, and tailored experiences in the real estate industry. |
Property Management Software Market:
| Attributes | Property Management Software Market |
|---|---|
| CAGR from 2023 to 2033 | 13.1% |
| Key Trends | Surging demand for smart building projects is an emerging trend propelling market growth. |
| Opportunity | Growing demand for SaaS based property management is expected to be a promising opportunity for the market. |
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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