The market for space and workplace management software is set for a period of sustained growth as we emerge from the pandemic and corporate firms are exploring alternate workplace strategies.
Since the emergence of COVID-19, facilities executives have been forced to manage an increasingly complex and broadening healthy building agenda spanning pandemic management, comfort, sustainability, and cost reduction requirements.
Net zero carbon targets and new pledges arising from the COP26 conference are bringing decarbonization to the fore of real estate strategies. Energy, facilities and real estate directors are on the front line for operationalizing these strategies and driving action at the building level.
The global pandemic is driving a workplace revolution, with firms rethinking their operating models and the role of the office. Smart building technology vendors need rich data to inform and test their business strategies.
Real estate leaders are becoming increasingly aware of the impact of indoor environments and building health in the spread of infectious diseases and employee wellbeing.
Verdantix tracked $4 billion of investments into proptech firms during 2020. Going forward, we predict that a vaccine rollout will support a proptech investment rebound in 2021 and that green buildings will return as a focal point for proptech investment, fuelled by cost-saving potential and policy.