EUROPEAN PROPTECH GUIDE – GENERAL VISION

This report gathers information from over 800 European startups that are part of the CBRE PropTech ecosystem.

 

The analysis of the information, together with the knowledge acquired from the collaboration with dozens of startups over the last few years, has allowed CBRE PropTech to develop this report that seeks to understand the situation of the ecosystem, taking into account the variety and broad spectrum of solutions that comprise it.

 

 

LIFE CYCLE

 

PropTech is a very young sector. Nearly 80% of the sample analysed has existed for less than five years, confirming not only the youth of PropTech, but also the strong growth that the sector has been experiencing in recent years.

 

With a total of 71% it is the seed stage that contributes most startups to this analysis, while only 2% of the projects are in a later/expansion stage.

 

BUSINESS

 

Residential and office products are the most attractive for startups; 70% and 67%, respectively, provide solutions for these types of assets.

 

Another undoubtedly relevant fact is that almost 1/4 of these are multi-sector projects, with application to all verticals. This flexibility is largely due to the versatility offered by emerging technologies.

 

ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING, BIG DATA AND THE INTERNET OF THINGS MAKE UP THE PODIUM OF TECHNOLOGIES IN PROPTECH

 

 

TECHNOLOGY

 

It is no coincidence that these three technologies are the most widely used. The capacity to generate millions of data on any given asset through the Internet of Things offers the sector endless possibilities. This data, which until a few years ago was difficult to manage, can be exploited through technologies such as Artificial Intelligence or Machine Learning.

 

We can also recognise a series of technologies with a more defined use case, which are here to stay. This is the case of technologies such as virtual and augmented reality, key during lockdowns such as the one recently experienced, Building Information Management (BIM), computer vision software

 

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