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Projected Growth Trends in the U.S. PropTech Market
The U.S. PropTech Market growth is poised to continue its upward trajectory, driven by technological advancements and changing consumer preferences. In 2024, the market was valued at approximately USD 15.91 billion and is projected to reach around USD 71.31 billion by 2034, growing at a CAGR of 16.18% from 2025 to 2034. This growth is indicative of the increasing reliance on technology to address challenges and opportunities within the real estate sector.
Emerging technologies such as AI, machine learning, and blockchain are playing pivotal roles in transforming various aspects of real estate, including property management, leasing, and transactions. These innovations are enhancing efficiency, transparency, and security, thereby attracting investments and fostering market expansion.
Moreover, the shift towards remote work and virtual interactions has accelerated the adoption of digital platforms, enabling real estate professionals to engage with clients and manage properties remotely. This trend is expected to persist, further contributing to the market's growth.
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