Proptech Accelerates In 2018 With $4 Billion Invested Across The Smart Buildings Sector
Ibrahim Yate
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Executive Summary
Since 2012, technological change has impacted the property sector in similar ways to financial technology (fintech) in the financial sector and insurance technology (insuretech) in the insurance sector (see Verdantix Proptech Investors Aim To Force A Digital Revolution On The Real Estate Industry). Between 2012 and 2017, proptech funds invested over $6 billion. In 2018, this trend has accelerated, with over $4 billion invested so far. This report analyses these investments across six major areas. It also evaluates their likely immediate impact on the vast real estate sector that has traditionally been slow to adopt innovation. Heads of product development and marketing for software vendors, as well as heads of real estate in corporate firms, should use this report to keep abreast of the trends that will impact their industry in the next three years.Proptech Funds Closed Over 70 Deals In 2018
Real Estate Investors Are Funding Every Hot Trend Including AI And The IoT
Current Proptech Trends Will Help Rationalize The Blueprint For Future Smart Buildings
About the Author
Ibrahim Yate
Senior Analyst
Ibrahim is a Senior Analyst in the Verdantix Smart Buildings practice, which he joined in 2016. His current agenda covers innovation in software and hardware solutions for spa...
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