What is PropTech industry classification?

The PropTech industry classification segments companies and technologies innovating within the real estate sector. It includes categories like property management solutions, online property listing platforms, real estate fintech services, smart building technologies, and data analytics tools. This classification helps in understanding how technology is applied to areas such as property transactions, management, investment, and development. In India, the PropTech industry is rapidly evolving, reflecting global market trends and contributing to the modernization of real estate practices.