The survey has helped HexGn reach out to real estate professionals in different segments, collect their views, and put them together for helping proptech segments around the world grow by learning from the challenges and achievements of other ecosystems. Those studying the report will be able to create new learnings within their entrepreneurial journeys based on the findings from the survey.
According to the Global PropTech Time Survey 2019, conducted by HexGn, about 90% of professionals from the global real estate industry sample are uncertain about the returns on investing into proptech solutions.
The Global Proptech Time Survey 2019. conducted by HexGn, pointed out that 77% of surveyed real estate professionals did not feel confident in jumping on to the proptech bandwagon. This is because they felt that the solutions are not time tested.
According to HexGn’ Global PropTech Time Survey 2019, 80% of surveyed real estate players are eagerly looking at proptech as a business enabler. This clearly indicates that the opportunities in proptech segment around the world that are yet to be tapped.
71% of the respondents of the Global Proptech Time Survey 2019, call out the high cost involved in implementing proptech as a dominant issue hindering the tech adoption rates in real estate.
The USA, China and The UK
India, Bahrain and Germany
How to collaborate for success
Where is the opportunity
Through our 2019 Global PropTech Survey and its results, we aim to help our industry partners understand where and how they can support the PropTech entrepreneurs. Moreover, it also directs attention towards how this cooperation can be mutually beneficial and also intends to bridge the gap between the industry and entrepreneurs by starting a dialogue that will help both sides grow symbiotically.