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PropTech Is Now a $44.6 Billion Market. Virtual Tours Aren’t a Nice-to-Have Anymore, They’re Infrastructure

The PropTech market is projected to reach $44.59 billion in 2026, up from $40.19 billion in 2025, with buyers now expecting digital leasing, payments, maintenance, analytics, smart building controls, and virtual tours to work as standard business infrastructure rather than side experiments. Real estate teams increasingly treat these tools as connected business systems rather than […]

14 July 2026 · 3 min read

PropTech Is Now a $44.6 Billion Market. Virtual Tours Aren’t a Nice-to-Have Anymore, They’re Infrastructure

The PropTech market is projected to reach $44.59 billion in 2026, up from $40.19 billion in 2025, with buyers now expecting digital leasing, payments, maintenance, analytics, smart building controls, and virtual tours to work as standard business infrastructure rather than side experiments. Real estate teams increasingly treat these tools as connected business systems rather than isolated technology pilots.

New data out this month puts the global PropTech market at 44.59 billion dollars in 2026, up from 40.19 billion dollars just a year earlier, and buried inside that growth is a detail that matters enormously for how real estate brands should be thinking about virtual tours right now. The report is explicit that buyers no longer see tools like digital leasing, smart building controls, and virtual property tours as optional side experiments, they expect them to function as standard, connected business infrastructure alongside payments, maintenance, and analytics systems. This blog unpacks what that shift in buyer expectation actually means for real estate brands and developers who may still be treating a virtual tour as a nice add-on rather than a baseline requirement for competing in today’s market. It walks through why this reframing matters so much, since a tool positioned as infrastructure gets budgeted, maintained, and integrated differently than a tool positioned as an experiment, and real estate teams that are still running virtual tours as a one-off marketing add-on are increasingly out of step with what buyers now expect as a baseline. The piece covers what it actually looks like for a virtual tour to function as real infrastructure rather than a standalone gimmick, including integration with listing platforms so a tour is never disconnected from live availability and pricing data, consistent quality and update cadence across an entire property portfolio rather than just flagship listings, and fast, reliable performance across devices so the experience never becomes the reason a prospective buyer drops off.

A section will address the competitive risk specifically, explaining that as virtual tours become expected baseline infrastructure rather than a differentiator, the real competitive advantage shifts to execution quality, navigation, staging, and load speed, rather than simply having a tour at all. The blog also touches on how this connects to the broader PropTech ecosystem growth, noting that virtual tours increasingly need to work alongside other expected systems like digital leasing and portfolio analytics rather than existing as an isolated tool disconnected from the rest of a real estate team’s technology stack. Virtual tour infrastructure, PropTech growth 2026, and real estate digital transformation are the throughlines here, reframing virtual property tours from a marketing extra into a baseline operational requirement for any real estate brand serious about staying competitive.

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