China Proptech Market Size & Outlook, 2022-2030
China proptech market, 2017-2030 (US$M)
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China proptech market highlights
- The China proptech market generated a revenue of USD 1,360.1 million in 2022 and is expected to reach USD 4,940.9 million by 2030.
- The China market is expected to grow at a CAGR of 17.5% from 2023 to 2030.
- In terms of segment, residential was the largest revenue generating property type in 2022.
- Commercial and Industrial is the most lucrative property type segment registering the fastest growth during the forecast period.
Proptech market data book summary
| Market revenue in 2022 | USD 1,360.1 million |
| Market revenue in 2030 | USD 4,940.9 million |
| Growth rate | 17.5% (CAGR from 2022 to 2030) |
| Largest segment | Residential |
| Fastest growing segment | Commercial and Industrial |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial and Industrial |
| Key market players worldwide | Opendoor Technologies Inc Ordinary Shares - Class A, Altus Group Ltd, Faro Technologies Inc, Zillow Group Inc Class A, Ascendix Technologies, Zumper, Guesty, ManageCasa, Coadjute, VergeSense, Reggora, Enertiv, HomeLight, PropTech Group |
Other key industry trends
- In terms of revenue, China accounted for 4.7% of the global proptech market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China proptech market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,797.6 million by 2030.
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PropTech Market Scope
PropTech Market Companies
| Name | Profile | # Employees | HQ | Website |
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China proptech market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to proptech market will help companies and investors design strategic landscapes.
Residential was the largest segment with a revenue share of 55.78% in 2022. Horizon Databook has segmented the China proptech market based on residential, commercial and industrial covering the revenue growth of each sub-segment from 2017 to 2030.
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Target buyers of China proptech market databook
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Our clientele includes a mix of proptech market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China proptech market , including forecasts for subscribers. This country databook contains high-level insights into China proptech market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China proptech market size, by property type, 2017-2030 (US$M)
China PropTech Market Outlook Share, 2022 & 2030 (US$M)
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