{"id":5039,"date":"2018-04-24T13:36:59","date_gmt":"2018-04-24T08:06:59","guid":{"rendered":"https:\/\/www.hiddenbrains.com\/blog\/?p=5039"},"modified":"2026-04-22T12:55:05","modified_gmt":"2026-04-22T12:55:05","slug":"impact-of-emerging-technologies-on-the-real-estate-industry","status":"publish","type":"post","link":"https:\/\/www.hiddenbrains.com\/blog\/impact-of-emerging-technologies-on-the-real-estate-industry.html","title":{"rendered":"Impact of Emerging Technologies on the Real Estate Industry"},"content":{"rendered":"\n

As we take a leap ahead the real estate industry is at the center of economic and social change with great migration to the cities will be underway. Cities will be growing at a phenomenal level across the globe in different continents such as Asia, Africa, the Middle East and Latin America. Even the developed Western nations will witness growth, however at a slow rate.<\/p>\n\n\n\n

Global construction output is expected to almost double to $15 trillion by 2025, from $8.7 trillion in 2012, while the global stock of investable real estate will rise even more quickly, from $29 trillion in 2012 to about $45.3 trillion in 2020.<\/p>\n\n\n\n

Demographic shifts also dramatically affect real estate. The growing middle-class urban populations in Asia, Africa and South America will need far more housing. On the other hand, the advanced economies\u2019 population will demand specialist and commercial real estate.<\/p>\n\n\n\n

Emerging Technologies: The New Wave of Change<\/h2>\n\n\n\n

Real Estate Mobile solution can help agents and property managers to connect with customers on the go, as well as effective management of leads. From cloud computing to social networks, clients want real estate agents to make optimum use of technology. Mobile apps enable advanced features such as social sharing and document management which result in improved efficiency.<\/p>\n\n\n\n

Real estate professionals are always on the move, with brokers, agents, landlords, and developers visiting properties with clients. Mobile Apps for real estate business allow agents and managers to view and showcase the property on their smart devices, as well as easy access to data such as space details, appointments, reports and other inputs required for capturing and tracking lead status.<\/p>\n\n\n\n

Adopting more advanced technology is rapidly becoming imperative for the real estate industry. Enterprise level organization needs to have a streamlined big data strategy along with advanced analytics that provides insights for strategic planning and decision making. On the other hand, companies at a relatively nascent level of adoption need to understand the value proposition of each of these technologies.<\/p>\n\n\n\n