In 2019, about 42 percent of real estate development experts said that Smart Building technologies have the potential for significant impact on efficiencies and how development is conducted globally. As for the process automation, 56 percent said that it has no or minimal impact on the development industry.
Impact of selected emerging technologies on real estate development worldwide in 2019
Characteristic
No or only minimal impact on development industry
Potential for significant impact on efficiencies and how development is conducted
Will create major disruptive changes in the development industry
property development C-level and senior executives in both front and back office positions at property development firms and owner operators and owner investors with property development divisions in North America, Europe, Middle East, Asia Pacific and Latin America
Supplementary notes
*Intelligent building design implies using Artificial Intelligence and Machine Learning.
**Process automation of contracts, workflow, proformas/feasibility, procurement.
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Saïd Business School. (February 5, 2020). Impact of selected emerging technologies on real estate development worldwide in 2019 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1129403/impact-proptech-real-estate-development/
Saïd Business School. "Impact of selected emerging technologies on real estate development worldwide in 2019." Chart. February 5, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1129403/impact-proptech-real-estate-development/
Saïd Business School. (2020). Impact of selected emerging technologies on real estate development worldwide in 2019. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1129403/impact-proptech-real-estate-development/
Saïd Business School. "Impact of Selected Emerging Technologies on Real Estate Development Worldwide in 2019." Statista, Statista Inc., 5 Feb 2020, https://www.statista.com/statistics/1129403/impact-proptech-real-estate-development/
Saïd Business School, Impact of selected emerging technologies on real estate development worldwide in 2019 Statista, https://www.statista.com/statistics/1129403/impact-proptech-real-estate-development/ (last visited November 21, 2024)
Impact of selected emerging technologies on real estate development worldwide in 2019 [Graph], Saïd Business School, February 5, 2020. [Online]. Available: https://www.statista.com/statistics/1129403/impact-proptech-real-estate-development/
