Matterport
Matterport transforms spaces into 3D models for VR, real estate, and more.
Competitive Advantages
Matterport pioneered consumer-friendly 3D capture and holds a large library of digitized spaces with tens of billions of square feet scanned. Its combination of capture hardware, the Cortex AI processing engine, and a cloud platform gives it an integrated workflow from scan to shared model.
The completed CoStar acquisition adds distribution through large property marketplaces and data businesses plus resources for AI and computer vision investment. This pairing of spatial data with transaction and listings traffic differentiates Matterport from point capture tools and generic visualization software.
Source: costargroup.com
Market Outlook
Demand for remote property exploration and data-driven real estate decisions supports continued adoption of digital twins across residential and commercial markets. CoStar frames the opportunity around billions of largely undigitized buildings within a very large global property asset class.
Matterport operating inside CoStar is positioned to extend digital twins from marketing tours into analytics, property insights, and transaction workflows. Growth depends on converting marketplace traffic into scanned spaces and proving that AI-driven spatial data improves leasing, sales, and management outcomes.
Source: costargroup.com
Product Overview
Matterport offers a spatial data platform that turns physical properties into immersive 3D digital twins. Capture options range from smartphones to the professional Pro3 camera, and the Cortex AI engine processes captures into navigable models with measurements and property insights.
The platform serves property marketing, remote tours, facilities management, and collaboration through its cloud library of digitized spaces. Matterport positions its spatial data library, built from millions of scanned spaces across many countries, as the foundation for its analytics and visualization tools.
Source: matterport.com