About Connected Real Estate
Connected real estate deals with the management of systems in multiple types of buildings in the streamlined network. It uses the IP network between the connected building to merge data and systems which enables centralized management of operations in real estate. The integration of connected technology in real estate helps ineffective management, measuring, and monitoring of building operations. These integrated systems are widely used in corporate businesses, healthcare facilities, educational institutes, hotels, retail buildings, etc.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Convergentz (United States), Cisco Systems, Inc. (United States), FlexITy Solutions Inc. (Canada), ExteNet Systems (United States), 5G LLC (United States) and Verizon Communication (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Connected Real Estate market by , Application (Commercial, Residential and Industrial) and Region.
On the basis of geography, the market of Connected Real Estate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Industry Verticals, the sub-segment i.e. Healthcare will boost the Connected Real Estate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Connectivity, the sub-segment i.e. Landlord LAN Data Networks will boost the Connected Real Estate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Software will boost the Connected Real Estate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Integration of Software Application in Connected Real Estate and Introduction of Artificial Intelligence and Deep Learning in the Real Estate Industry
Market Growth Drivers:
Increasing Number of Real Estate Activities and Need for Management, Monitoring, Measuring, and Safety Building Operations
Challenges:
The requirement of Skilled Workers in Managing the Connected Real Estate Operations
Restraints:
High-Cost Investment in the Connected Real Estate Technology
Opportunities:
Surging Demand for Connected Real Estate for Commercial Application and Continuous Research and Development in 5G Solution will also Boost the Connected Real Estate Market
On 17th December 2020, Wireless carrier Verizon and communications solution provider Corning announced they have started commercial in-building cell site installations for enterprise customers. Initial deployments are taking place in Verizon retail store locations in order to provide the fastest 5G Ultra Wideband experience for the carrier’s customers and employees. It’s also expected that the sites will be installed at flexible office space provider WeWork’s locations throughout the United States.
Key Target Audience
Connected Real Estate Solution Providers, Connected Real Estate Industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.