PropTech market size in Japan FY 2018-2030

Published by Statista Research Department, Aug 16, 2024

In the fiscal year 2023, the property technology market in Japan was estimated at 1.1 trillion Japanese yen. The market was forecast to double and reach nearly 2.4 trillion yen by fiscal year 2030.
The term PropTech refers to the utilization of technology in the real estate industry.

Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030 (in billion Japanese yen)

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Release date

May 2024

Region

Japan

Survey time period

fiscal years 2018 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year

Special properties

the market size is based on the sales of businesses; excluding real estate crowdfunding

Supplementary notes

*Projections.

**Forecasts.

The market size is based on the sales value of businesses operating on a B2C** and B2B level***.

**Media related to property search, etc., matching services, design and construction (renovation) services, housing loans, crowdfunding (related to real estate), real estate brokerage (including sharing).
***Matching services, real estate information provision services, real estate brokerage, management support, and value assessment, support services using virtual reality (VR) and augmented reality (AR) technology, and IoT (cloud-based surveillance cameras, image analysis, and smart locks).
However, figures do not include housing loans in the case of B2C and exclude matching services and IoT (smart locks) in the case of B2B.

100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of August 2024.

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