Entrepreneurial maps & trends: PropTech in Mexico
The use of technology in the real estate and construction industries has been a game-changer worldwide. The industry has enabled greater access to information, services, and products by reducing transaction costs, increasing transparency, and improving access to credit.
As technology continues to evolve, there are many developmental goals at hand, like the potential to address long standing challenges in the housing market and improve the quality of life for millions of people. Another important area is the use of PropTech to implement climate technology to make the world a better place.
$2B
USD were the value of transactions generated by the PropTech ecosystem in 2022.
69%
of the investors in Mexican PropTech companies are foreign, particularly from US
$921
millions of USD were received the ProTech industry in Mexico in 2021.
71%
of the identified PropTech companies operate with a B2C business model.
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