Proptech Fun Facts & Insights

Published on
September 5, 2023
August 31, 2023

We are happy to share another edition of PropTech Facts: we provide you short and sweet insights in the (Prop)Tech market. the trends we are seeing, and interesting data we come across.


The UN has cited technological advancement and increased population longevity as the key convergence of megatrends for the future.

APAC is at the center of this, with the # of those 65+ expected to double from 349 million to 850 million by 2040, 18% of the region's population.

Specifically, Japan has, globally, one of the highest proportions of those 65+, with 28% in this bracket, + it is expected to rise to 35% by 2040.

Moreover, Japan and South Korea have some of the highest working populations that are 65+. Both countries double that of countries like the US.

We are already seeing the global acceleration of technology changing how later-aged people are living + working.

Techs such as:

  • Wearables + wider IoT-enabled techs, allied with robotic assistance
  • Purpose-built homes and service models to support independent living
  • Elderly-specific UX + UI to make incorporation into traditional work methods easier

CleanTech Market

Based on geography, the global clean energy technologies market is segmented into APAC, North America, Europe, South America and MENA.

For some key clean technologies such as solar photovoltaic, wind, batteries, electrolyzers and heat pumps - China is in the lead, driven by its investments in renewable energy and environmental initiatives.

APAC is expected to continue to lead the CleanTech market as countries like China, Japan, and India have witnessed significant growth in clean energy adoption.

No alt text provided for this image


A recent analysis from the WSJ, found that 13% of Q4 earnings calls for the largest US companies, mentioned AI.

Given the rapid rise of the adoption of tools like ChatGPT, and its use by many, the rise and integration of AI has been immense.

This momentum is encapsulated well in the VC space where the val multiples in market for techs with components of AI, are reaching incredible levels (one company was offered multiple investment offers, at a valuation of 300x of revenue!).

For CRE owners, it will be very interesting to see how this will impact their portfolios.

One narrative is that AI will support the up-skilling of staff and drive greater productivity- thus will drive the need for more creative space.

An alternative view focuses on how AI will eradicate many roles, and thus further increase the pressure on owner’s ability to lease space.

There are still many pitfalls with AI (as recent cyber leaks, IP ownership and wrong output ("hallucination") examples illustrate), so I don’t think we will be quite saluting our AI masters just yet…

but what is clear is from our recent research is that it will have a material impact on CRE in the next few years.

Technological advancement

Technology is not a widget; It is a journey towards competitive distinction.

When “technology” is reframed as “competitive distinction”, it ceases to be viewed as an adversary and starts to be seen as a strategic partner.

The primary obstacle, for Real Estate in particular, is the notion that technology is a costly imposition. For those companies expecting to thrive in the new conditions now facing the sector, there is no other way to say it than you simply must immerse yourselves in technological advancement.

It’s not about digital; it’s about profitability, sustainability, risk mitigation and brand reputation.

There are over 18,000 property technologies currently servicing Real Estate. You cannot be expected to know them all, so unburden yourself by aligning with someone who does. The Proptech Connection, global advisory for search, discovery and accurate selection.

Media archive

Filter by:
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Building Sustainability

September 29, 2023

Proptech Fun Facts & Insights

September 22, 2023

Brazil Builds

September 14, 2023

Proptech Fun Facts & Insights

August 30, 2023

Proptech Fun Facts & Insights

July 13, 2023

Be smart...choose Smart

July 10, 2023

On fire... tech to the rescue?

June 29, 2023

The Impact of AI, for Real Estate

June 8, 2023

Who are "The Proptech Connection"?

June 7, 2023

Proptech & Housing Affordability

June 1, 2023

Proptech Facts

May 18, 2023

Constructive Changes...

May 11, 2023

Concrete threat

May 4, 2023

Proptech showtime...

April 27, 2023

Proptech (Fun) Facts & insights

April 20, 2023

Industrial Revolution 4.0

April 13, 2023

AI take-over...

April 6, 2023

Powder box

March 23, 2023

It's Electrifying...

March 16, 2023

Proptech Fun Facts by The PTC

March 9, 2023

Unraveling India, one mystery at a time

February 17, 2023


January 12, 2023

All the way to zero

January 5, 2023

China 101 & Proptech

January 4, 2023

Proptech highlights by the PTC

December 27, 2022

Trendsetting Tokyo

January 4, 2023

Singapore, the million dollar question?

November 10, 2022

Recovery under construction?

November 9, 2022

The exponential age of technology...

October 24, 2022

In one word: Draining

August 26, 2022

Has Tech Funding lost its shine?

June 7, 2022

IoT - Proptech’s Wordle

June 7, 2022

ESG and Proptech future

June 7, 2022

The PTC in the news...

June 7, 2022

Going for gold

June 7, 2022

Comparing apples with oranges.....

June 7, 2022

PropTech Fun Facts and Insights

June 15, 2023