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The Real Estate Technology (PropTech) industry is experiencing rapid growth, driven by digital transformation and a demand for efficiency. It's characterized by continuous innovation in areas like AI, data analytics, and automation to streamline processes for agents, brokers, and MLSs. The market is competitive with new entrants and established players vying for market share by offering comprehensive solutions.
Total Assets Under Management (AUM)
Real Estate Software Market Size in United States
~Approximately 12 billion USD (2023)
(10-15% CAGR)
- Cloud-based solutions adoption.
- Increased demand for integrated platforms.
- Focus on data analytics for decision-making.
12 billion USD