MEA Proptech Market Size in 2022 - 2030 ($ Mil)

The Middle East and Africa (MEA) proptech market has been gaining impressive momentum, generating US $816.8 million in revenue in 2022. With a compound annual growth rate (CAGR) of 12.8% projected from 2022 to 2030, the market is set to expand significantly, reaching US $2.14 billion by 2030. This growth is fueled by increasing adoption of technology in property management, real estate transactions, and construction processes across the region.

In 2022, the residential sector led the market in terms of revenue, showcasing strong demand for digital solutions in residential property transactions and management. However, the commercial and industrial sectors are expected to be the fastest-growing segments throughout the forecast period. As businesses increasingly invest in digital solutions to streamline operations, optimize building management, and enhance tenant experiences, proptech innovations will play a vital role in transforming the region’s property landscape.