Market Research Report
Vietnam PropTech Market, By Solutions, By Applications (Residential, Commercial ), By Deployment, By End Users, By Region, Competition Forecast & Opportunities, 2017-2027
|Vietnam PropTech Market, By Solutions, By Applications (Residential, Commercial ), By Deployment, By End Users, By Region, Competition Forecast & Opportunities, 2017-2027|
Published: May 1, 2022
Content info: 78 Pages
Delivery time: 2-3 business days
The Vietnam PropTech market is projected to grow at a significant rate during the forecast period. The market growth can be attributed to the growing adoption of emerging technology and rising internet penetration in the country. PropTech, or Property Technology, includes the use of software and technology to support today's real estate needs across residential and commercial sectors. PropTech provides a medium for people to research, buy, sell, rent, and manage real estate. In recent years, many PropTech's real estate startups have emerged, trying to navigate the real estate industry more efficiently and make it easier for people involved. Advancements in cutting-edge technologies such as artificial intelligence, machine learning, etc., are aiding the development of smart houses and buildings, which is propelling the Vietnam PropTech market growth. Growing demand for commercial buildings among small and medium-sized enterprises and growing adoption of cloud technology and digitalization are also propelling the growth of the Vietnam PropTech market. The rising adoption of emerging technologies and improvement in economic conditions are further driving the growth of the Vietnam PropTech market. Market players are adopting technologies to provide accurate pricing by collecting a huge volume of data from offline and online sources, which increases the affordability of potential customers. Besides, PropTech companies are offering customers financial assistance in the form of loans, which is expected to boost the growth of the Vietnam PropTech market.
Vietnam PropTech market is segmented into solutions, applications, deployment, end users, regional distribution, and company. Based on end users, the market is divided into housing associations, real estate agents, property investors, and others. The real estate agents segment is expected to hold the largest share in the Vietnam PropTech market during the forecast period due to a rise in the number of real estate agents and the increasing personal disposable income of the population.
Leading players in the Vietnam PropTech market are Oracle Corporation, IBM Corporation, In4Velocity Systems, VIBIM, Qsoft Vietnam, HiNet Viet Nam, Twin Software Solutions JSC., Autodesk Inc., DIP Vietnam Technology Corporation, Holomia Technology Company Limited, Epicor Software Corporation, House3D, Savills Vietnam, REESOFT, AMI Group Co., Ltd, and others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of Vietnam PropTech market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, Vietnam PropTech market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Real Estate Search
Enterprise Resource Planning
Real Estate Agents
Company Profiles: Detailed analysis of the major companies present in Vietnam PropTech market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: