How To Create A Proptech Solution Like Matterport In 2024?

In 2024, the Proptech industry continues to evolve, with innovative solutions like Matterport revolutionizing the way properties are showcased and managed. To create a Proptech solution akin to Matterport, it’s crucial to understand the key components and technologies driving its success. From advanced 3D scanning and modeling techniques to immersive virtual tour experiences, this guide will explore the essential steps and technologies needed to develop a cutting-edge Proptech solution tailored to the needs of the modern real estate market.

• What Is Matterport?
• Must Have Features In A Software Like Matterform
• Cost To Create A Software Like Matterport
• How To Create A Software Like Matterport?

What Is Matterport?

Matterport is a leading provider of spatial data technology, particularly known for its 3D mapping and virtual tour solutions. The company offers a platform that enables users to create immersive 3D models and virtual tours of real-world spaces, such as homes, commercial properties, museums, and more.

Matterport’s technology utilizes 3D cameras and software to capture detailed spatial data, allowing users to explore and interact with virtual replicas of physical spaces remotely. These virtual tours are commonly used in the real estate industry for property marketing, as well as in various other sectors such as hospitality, construction, and retail.

In essence, Matterport’s platform empowers users to create, share, and explore immersive 3D experiences, providing a unique way to showcase and visualize physical spaces digitally.

Must Have Features In A Software Like Matterform

However, if you’re referring to a hypothetical software similar to Matterport, here are some must-have features it might include:

1. 3D Scanning: Incorporate advanced 3D scanning technology to capture detailed spatial data of physical spaces.
2. Virtual Tour Creation: Enable users to create immersive virtual tours that allow for seamless navigation through 3D replicas of real-world spaces.
3. Floor Plan Generation: Automatically generate accurate floor plans based on captured spatial data, providing additional context about the layout of a space.
4. Annotation and Tagging: Allow users to annotate and tag specific areas or objects within virtual tours, providing additional information or context.
5. Measurement Tools: Provide tools for users to take measurements within virtual tours, such as distances between points or dimensions of rooms.
6. Customization Options: Offer options for users to customize virtual tours, including branding, colors, and interactive elements, to match their specific needs and preferences.
7. Media Integration: Support integration of multimedia content such as photos, videos, and audio clips within virtual tours to enhance the overall user experience.
8. Embedding and Sharing: Enable users to embed virtual tours on websites or share them via links or social media for easy distribution and access to virtual content.
9. Device Compatibility: Ensure compatibility with various devices and platforms, including desktop computers, smartphones, and virtual reality (VR) headsets, to maximize accessibility and reach.
10. Analytics and Insights: Provide users with analytics and insights about virtual tour engagement, including metrics such as views, interactions, and user demographics, to measure effectiveness and inform decision-making.

These features collectively contribute to creating engaging and immersive virtual experiences similar to those provided by Matterport’s platform.

Cost To Create A Software Like Matterport

The cost of developing a software similar to Matterport can vary significantly depending on various factors such as the complexity of features, platform(s) targeted (e.g., web, mobile, VR), development team’s location and rates, design complexity, and more. However, here’s a rough estimate of the cost breakdown:

1. Research and Planning: This phase involves market research, defining project scope, and creating a detailed plan. Costs can range from $5,000 to $15,000.
2. UI/UX Design: Designing an intuitive and visually appealing user interface typically ranges from $10,000 to $30,000.
3. 3D Scanning Technology: Implementing advanced 3D scanning technology can incur significant costs, ranging from $20,000 to $100,000 or more depending on the desired level of detail and accuracy.
4. Virtual Tour Creation: Developing the functionality to create immersive virtual tours may cost between $20,000 to $50,000, depending on features such as navigation, annotation, and customization options.
5. Floor Plan Generation: Implementing automated floor plan generation functionality may cost around $10,000 to $30,000, depending on the complexity and accuracy requirements.
6. Backend Development: Building the server-side infrastructure, database, and APIs typically ranges from $30,000 to $100,000 or more depending on scalability and integrations with third-party services.
7. Frontend Development: Developing the user-facing frontend for various platforms (web, mobile, VR) can cost between $20,000 to $80,000 or more depending on complexity and platform compatibility.
8. Testing: Performing comprehensive testing to identify and fix any bugs, errors, or usability issues may cost around $10,000 to $30,000.
9. Launch and Deployment: Costs associated with launching and deploying the software, including app store fees, hosting, and domain registration, may range from $5,000 to $15,000.
10. Maintenance and Updates: Ongoing maintenance, updates, and support may require additional costs, usually calculated as a percentage of the initial development cost annually (e.g., 20% to 30% of the total development cost per year).

Considering these estimates, the total cost to develop a software similar to Matterport could range from $150,000 to $500,000 or more. However, it’s essential to consult with a development team or agency to get a more accurate cost estimate based on your specific requirements and desired features.

How To Create A Software Like Matterport?

Conclusion