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Artificial Intelligence (AI) In Real Estate Market Booming Worldwide with Latest Trend and Future Scope by 2029

11-13-2023 12:43 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Artificial Intelligence (AI) In Real Estate Market Booming

The global artificial intelligence (AI) in real estate market is anticipated to grow at a CAGR of 10.24% during the forecast period (2023-2030) AI-powered systems can be used to assist with property search and recommendation, valuation, customer support, lead generation, and predictive analytics. Property search and recommendation systems can analyze a buyer's preferences and budget to provide personalized property recommendations. Property valuation can be done using automated valuation models that take into account historical sales data, local market trends, property condition, and other factors. Chatbots and virtual assistants can provide 24/7 customer support and answer common questions. Lead generation can be done by analyzing online behavior, social media activity, and other data sources. Predictive analytics can be used to predict future real estate market trends, helping investors and agents make informed decisions. Furthermore, the market's growth is attributed to efficiency and automation across the globe. AI systems, such as JAEME, can automate a variety of real estate operations, such as writing property descriptions, email campaigns, and business planning. The aforementioned technology has the potential to dramatically increase the efficiency of real estate brokers and companies. For instance, in October 2023,La Rosa Holdings Corp. launched its proprietary technology system - JAEME, part of My Agent Account. JAEME is a real estate artificial intelligence ("AI") assistant created to support and inspire La Rosa's agents with personalized content to drive marketing, efficiency, and sales. The companies agents are able to create property descriptions, email campaigns, business plans, video scripts, and newsletter campaigns with the help of JAEME.

Furthermore, Collaborations between research institutions and AI labs can result in the development of advanced AI technologies that can be utilized in the realm of real estate, thus improving the industry's capabilities. In October 2023,PGIM real estate arm launched AI research lab. partnered with University College London and other global institutions to develop new technologies.

To Request a Sample of our Report on Artificial Intelligence (AI) In Real Estate Market: https://www.omrglobal.com/request-sample/ai-in-real-estate-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Technology

· By Applications

· By Application

· By Enterprise Size

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

Competitive Landscape- includes Avaamo, ComplyAdvantage, Kasisto, Inc., Kastle, Kukun, Inc., and others.

Artificial Intelligence (AI) In Real Estate Market Report Segment

By Technology

• Machine Learning

• Natural Language Processing (NLP)

• Computer Vision

By Applications

• Chatbots and Virtual Assistants

• Customer Behavior Analytics

• Advanced Property Analysis

• Customer Relationship Management (CRM)

• Others (Data Analytics And Visualization, and Lead Generation And Marketing, Property Management)

By Deployment

• On-Premises

• Cloud

By Enterprise Size

• Large Enterprises

• Small And Mid-sized Enterprises (SMEs)

A full Report of Artificial Intelligence (AI) In Real Estate Market is Available @ https://www.omrglobal.com/industry-reports/ai-in-real-estate-market

Artificial Intelligence (AI) In Real Estate Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• Avaamo

• ComplyAdvantage

• Kasisto, Inc.

• Kastle

• Kukun, Inc.

• Mashvisor.com.

• Matterport, Inc.'s

• Move, Inc.

• MRI Software LLC

• National Geographic Society (NGS)

• Opendoor Labs Inc.

• Redfin Corp.

• Xignite

• Zebra Technologies Corp.

• Zillow Group

• Zonar Systems, Inc.

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ai-in-real-estate-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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