Let’s first have a zoom-out glance at the situation.
It gets pretty much evident from MAP ‘Number of PropTech Companies: Continental Level’ that Europe is the continent generating the highest number of PropTech solutions: 4 087 based on the available information.
North America [USA, Canada] – 2534 PropTechs based on Unissu data till June 2021 and a 2021 research by PropTech Collective, Canada;
South America – we don’t have information.
Asia – 548 PropTech companies. We are waiting for a more accurate figure by our partner Asia PropTech;
Africa – 89 PropTechs. This is the cummulative number in 4 African countries we have information about, namely, South Africa (38, last update in 2019), Kenya (35, last update in 2020), Uganda (8, last update in 2020), Tanzania (8, last update in 2020).
Australia – 381 based on Unissu update till June 2021.
All figures include only tech solutions, thus excluding co-workings.
As for Europe’s PropTechs, this cummulative number will rise significantly when we add up the solutions of countries with no available public information so far, such as Porgugal, Hungary, etc.
Particularly, this will affect the Eastern Europe figure, and position the region close to the Nordics, as we are already in front of Southern Europe.
We are sure that the numbers reported for other countries such as Estonia, Poland, and Greece might be different if additional research by local organizations will be undertaken. And again this will impact the Eastern European cummulative number of PropTechs in the region. However, these are the figures available at the moment.
JLL in their recent report state that the Global number of PropTechs nears 8 000, which is no surprise, having in mind that based on the presented figures on our map, the cummulative number is 7 639.
We are pretty much sure that we will surpass 8 000 PropTechs worldwide if we add the figures for Russia, South America, and the EE countries, as all these countries and geographic regions are very well tech developed.