In the fiscal year 2023, the property technology market in Japan was estimated at 1.1 trillion Japanese yen. The market was forecast to double and reach nearly 2.4 trillion yen by fiscal year 2030. The term PropTech refers to the utilization of technology in the real estate industry.
Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030
(in billion Japanese yen)
fiscal years 2018 to 2022; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Special properties
the market size is based on the sales of businesses; excluding real estate crowdfunding
Supplementary notes
*Projections.
**Forecasts.
The market size is based on the sales value of businesses operating on a B2C** and B2B level***.
**Media related to property search, etc., matching services, design and construction (renovation) services, housing loans, crowdfunding (related to real estate), real estate brokerage (including sharing). ***Matching services, real estate information provision services, real estate brokerage, management support, and value assessment, support services using virtual reality (VR) and augmented reality (AR) technology, and IoT (cloud-based surveillance cameras, image analysis, and smart locks). However, figures do not include housing loans in the case of B2C and exclude matching services and IoT (smart locks) in the case of B2B.
100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of August 2024.
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Yano Research. (May 20, 2024). Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030 (in billion Japanese yen) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1261891/japan-proptech-market-size/
Yano Research. "Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030 (in billion Japanese yen)." Chart. May 20, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1261891/japan-proptech-market-size/
Yano Research. (2024). Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030 (in billion Japanese yen). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1261891/japan-proptech-market-size/
Yano Research. "Size of The Property Technology Market in Japan from Fiscal Year 2018 to 2022 with Forecasts until 2030 (in Billion Japanese Yen)." Statista, Statista Inc., 20 May 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1261891/japan-proptech-market-size/
Yano Research, Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030 (in billion Japanese yen) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1261891/japan-proptech-market-size/ (last visited September 20, 2024)
Size of the property technology market in Japan from fiscal year 2018 to 2022 with forecasts until 2030 (in billion Japanese yen) [Graph], Yano Research, May 20, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1261891/japan-proptech-market-size/