PropTech is a set of cross-industry technologies changing the way we deal with all aspects of property in its entire lifecycle. It is connecting various pieces of the property market so that participants in the real estate ecosystem (startups, corporates, and investors) can make better decisions with less friction.
Proptech is not limited to innovations in the traditional ways of buying, selling, renting and managing properties. Real estate technology is boundless. It touches hospitality, retail and storage. It touches property data and analytics, modular building, construction robotics and home security. If a new technology improves how we utilize our physical surroundings, it is property technology.