Vietnam PropTech Market to Grow with a CAGR of 16.47% During the Forecast Period
Increasing adoption of digitalization and the infrastructural developments across the country are influencing the Vietnam PropTech Market through 2027F. According to TechSci Research report, “ Vietnam PropTech Market –By Region, Competition Forecast and Opportunities, 2017-2027” the Vietnam PropTech Market was valued at USD 446.08 million in 2021 and is predicted to experience robust growth in the forecast period with a CAGR of 16.47% due to the high adoption rate of digitalization across the rising urban population. The growing Internet penetration and high demand for IoT Security and data privacy related to the next generation property management are anticipated to drive the growth of the Vietnam PropTech Market in the forecast period 2022E-2027F. The shift in the adoption of digitalization across the country, along with the growth in the urban population, is significantly driving the demand for PropTech technology in Vietnam. The development of the econo...