According to Unissu there are currently around 350 PropTech companies across Brasil, México, Argentina, Chile and other LatAm countries. The region is in its infant stage of the technology - becoming aware, understanding needs and beginning to look for solutions.
Large amounts of data that are being generated, analyzed and applied by Proptech firms is producing a digital transformation of the real estate sector. This trend is enabled by a wide range of converging technologies: mobile, broadband, cloud, big data, artificial intelligence (AI), Internet of things (IoT), blockchain, 3D printing and others.
Today's PropTech products or services have incredible potential to save time and money, improve workflow and streamline fundamental processes for the industry. The growing popularity of these technologies will create an on-demand real estate market that aligns with modern priorities of Latin American societies.