European and US proptech companies are far behind the Asian market , where 179 start - ups have secured $ 4.8bn in funding in the past four years , more than 60 % of all global funding in the sector . Research by property firm JLL found that China and India are leading the charge , with 34 deals worth more than $ 3bn and 77 deals raising $ 500 ##m , respectively . JLL also estimates annual revenues for proptech will reach $ 4.5bn by 2020 .
European and US proptech companies are lagging behind the Asian market, where 179 start-ups have secured $4.8bn in funding in the past four years, more than 60% of all global funding in the sector. Research by property giant JLL found that China and India are leading the charge, with 34 deals worth more than $3bn and 77 deals raising $928m, respectively. JLL also predicted annual funding for proptech will reach $4.5bn by 2020.