As of 2023, the total available market (TAM) for PropTech globally is estimated to be over $25 billion, reflecting significant growth potential. This market encompasses various technologies in real estate, including AI, blockchain, virtual reality, and IoT. In India, the PropTech market is valued at over $1 billion and is expanding rapidly. The TAM indicates substantial investment opportunities and aligns with market trends towards digital transformation and innovation in the real estate industry.