main obstacles to PropTech market development in Russia were the lack of funding, low digitalization, and difficulties in promoting the product.
In 2021, construction management systems generated 10.4 billion Russian rubles in revenue, making it the highest earning segment in Russia's PropTech industry. Construction modelling and planning systems ranked second, with a revenue of 9.1 billion Russian rubles in the period concerned. Among the Revenue of PropTech industry in Russia in 2021, by segment (in billion Russian rubles)
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BusinesStat. (June 30, 2022). Revenue of PropTech industry in Russia in 2021, by segment (in billion Russian rubles) [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1318376/proptech-revenue-by-segment-russia/
BusinesStat. "Revenue of PropTech industry in Russia in 2021, by segment (in billion Russian rubles)." Chart. June 30, 2022. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1318376/proptech-revenue-by-segment-russia/
BusinesStat. (2022). Revenue of PropTech industry in Russia in 2021, by segment (in billion Russian rubles). Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1318376/proptech-revenue-by-segment-russia/
BusinesStat. "Revenue of Proptech Industry in Russia in 2021, by Segment (in Billion Russian Rubles)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1318376/proptech-revenue-by-segment-russia/
BusinesStat, Revenue of PropTech industry in Russia in 2021, by segment (in billion Russian rubles) Statista, https://www.statista.com/statistics/1318376/proptech-revenue-by-segment-russia/ (last visited May 19, 2024)
Revenue of PropTech industry in Russia in 2021, by segment (in billion Russian rubles) [Graph], BusinesStat, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1318376/proptech-revenue-by-segment-russia/