Opportunity for PropTech Report

Leveraging Technology for the UK’s Built Environment

 

“The Opportunity for PropTech” is a new report in partnership with PUBLIC to evidence the supply, demand and benefits of property technology solutions in the UK. It was commissioned by the Ministry of Housing, Communities and Local Government to support its Digital Planning programme. 

This report explores the transformative potential of PropTech in addressing critical challenges within the UK real estate sector, while also providing data and insights into the total addressable PropTech market in the UK compared to other countries and use cases.

With the real estate market valued at an estimated $23.2 trillion in 2024, there is a significant opportunity for PropTech to drive efficiency, sustainability, and innovation in housing, regeneration, and investment. By enabling 80–90% time reductions through automated site assessments and a 1500% increase in planning consultation engagement, PropTech can cut costs, accelerate timelines, and boost productivity, positioning it as a key driver of a more sustainable and efficient property sector.

 

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*Disclaimer : This work was commissioned under the previous government by the Ministry for Housing, Communities & Local Government (MHCLG) and co-produced independently by the UK PropTech Association (UKPA) and PUBLIC. This work is not a statement of government policy and builds on previous work undertaken by UKPA and PUBLIC, and validated through the MHCLG UK PropTech Steering Board. The examples referenced in this research are not an exhaustive list and are utilised as an illustration of different capabilities across the built environment lifecycle.

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