Proptech Investors Aim To Force A Digital Revolution On The Real Estate Industry
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The real estate sector has been slow to embrace digital innovations that have sprung up with the advancement of technologies such as cloud computing, smartphones, tablets and low-cost sensors. Up until five years ago, software tools used within the real estate and property industries had changed little since the early 2000s, as many of the processes relied on intermediaries to navigate the complexities inherent in an industry where no two buildings are alike. Now, however, technological change is impacting the property sector in similar ways as financial technology (fintech) in the financial sector and insurance technology (insuretech) in the insurance sector. With significant levels of investment being poured into proptech, Verdantix has identified this as an important new investment sector for real estate and facilities software vendors to track as they review opportunities for partnerships, investments, risks from new entrants, and acquisitions of firms with strong IP that could lead to new competitive differentiators.
Table of contentsProptech Investors Aim To Force A Digital Revolution On The Real Estate Industry
Proptech Firms Have Raised Over $6 Billion Across 817 Deals Over Five Years
Proptech Solutions Leverage Emerging IT Technologies
Fintech-Influenced Proptech Firms Merge IT And Business Model Innovations
Proptech Solutions Are Implemented Across The Real Estate Value Chain
Proptech Investments Will Pose Both A Challenge And A Value Add To The CRE Industry