UK PropTech Industry
Find out more about the UK’s fast-growing PropTech industry and the companies using technology to transform how real estate is built, managed and invested in. Get a real-time view of the sector with up-to-date financials, company data, funding and growth signals
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What is the PropTech industry?
PropTech, or Property Technology, is the modernisation of real estate through digital tools, platforms and data. It covers everything from how buildings are designed and developed to how they’re bought, sold, managed and invested in.
PropTech is reshaping how real estate works. From buying and renting to development and investment, it makes every part of the property journey faster, smarter and more connected. Smart building systems, virtual viewings, interactive 3D models and AI-driven investment tools are replacing outdated processes. The result is better data, clearer insights and more control for everyone in the property sector.
At The Data City, we track this sector in real time through our Real-Time Industrial Classification (RTIC). Unlike outdated SIC codes, which miss many of the companies driving innovation in this space, our RTIC gives a live, accurate view of who’s really operating in PropTech today. It brings together PropTech companies and startups across construction and development, smart buildings and IoT, property management and leasing, and real estate investment technology – giving users a clear and current view of this rapidly evolving industry.
PropTech sector summary
Discover real-time data and insights sourced directly from The Data City platform, driven by our innovative Real-Time Industrial Classifications (RTICs). Our RTICs harness the power of web data and machine learning, and are published with industry experts for precision and relevance.
Here are the key facts about the PropTech sector. The sector has a turnover of £17.0bn currently, has received £367.4m of investment and the sector is growing at 3.7% per year.
PropTech verticals
Our industry data goes deep. See the top verticals and specialisms making waves in the UK PropTech industry today.
Our PropTech RTIC is made up of 4 individual verticals. The top verticals in this sector include Construction and Development, and Smart Buildings and IoT. You can find out more about the verticals by downloading our RTIC report, or by signing up for a free trial of The Data City platform.
- Sector Code Description Records
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RTIC0103 PropTech *New 1273 companies
PropTech is enhancing every aspect of real estate, including buying, selling, renting, and management, by making interactions smoother and processes more efficient. Think Building Management platforms, Smart buildings, interactive 3D models, virtual viewings and property AI that helps investors find undervalued gems.
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PropTech: Construction and Development944 companies
This vertical includes technology companies that support the planning, design, and delivery of real estate and infrastructure projects.
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PropTech: Property Management and Leasing132 companies
Using technology to enhance and streamline various aspects of managing real estate, from buying and selling to tenant interactions and property operations. This includes digital tools, software, and platforms designed to optimise workflows, improve efficiency, and enhance tenant experiences.
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PropTech: Real Estate Investment Tech48 companies
Companies that leverage digital tools and solutions to enhance various aspects of the real estate investment process, such as research and analysis
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PropTech: Smart Buildings and IoT161 companies
Smart buildings, powered by the Internet of Things (IoT), are transforming the PropTech sector by enhancing efficiency, sustainability, and occupant well-being. These buildings utilise connected sensors, devices, and software to collect and analyse data, optimising operations and creating more comfortable, secure, and sustainable spaces.
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PropTech industry growth
Based on a growth rate of 3.7%, we expect that this sector could be worth £19.1bn by 2027. Below you can see our forecast of the growth of the sector.
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