Dependence of real estate firms on legacy technologies globally 2023

Published by Statista Research Department, Dec 4, 2024

About 34 percent of real estate firms had mostly converted to modernized systems, according to a 2023 survey among 750 CFOs at major companies worldwide. Additionally, five percent had fully modernized core systems that could easily incorporate emerging digital technologies. Conversely, four percent shared that they were dependent on legacy systems that have difficulty interfacing with emerging digital technologies.

Reliance on legacy technologies according to real estate industry experts worldwide in 2023

CharacteristicShare of real estate firms
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Statistic: Reliance on legacy technologies according to real estate industry experts worldwide in 2023

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Release date

September 2023

Region

Worldwide, Australia, Canada, China, France, Germany, Japan, Netherlands, Singapore, Spain, United Kingdom, United States

Survey time period

June 2023

Number of respondents

750 respondents

Special properties

CFOs and their direct reports at major commercial real estate owners and investment companies

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