ScuareX :Wall To Wall Property Solutions For A Growing Industry

Probably a decade ago, real estate industry would have only started thinking of considering digital integration to its operations. Today, the realm has evolved to constitute a smaller part of real estate technology landscape, often referred as property technology. When the rise of the entrepreneurial group fueled by venture capitalist firms took over the technology movement, the ripple effect also had its impact in the global real estate tech domain. While probing the statistics of 2008, a meager of USD 20 million was invested in the property technology arena as a whole. Ten years later in 2018, that figure escalated to an approximate of USD 4 billion, which constitutes 5 percent of total venture capitalist and 20 percent of fintech funding. Since 2012, real estate tech companies have raised over USD 43 billion in funding worldwide. Having said, the next phase of developments in the real estate technology will be more expansive in an all-inclusive form that replaces the current systems to go in line with the growing demand for affordability and flexibility.

10 Most Recommended Real Estate Technology Solution Providers - 2020

Probably a decade ago, real estate industry would have only started thinking of considering digital integration to its operations. Today, the realm has evolved to constitute a smaller part of real estate technology landscape, often referred as property technology. When the rise of the entrepreneurial group fuelled by venture capitalist firms took over the technology movement, the ripple effect also had its impact in the global real estate tech domain. While probing the statistics of 2008, a meager of USD 20 million was invested in the property technology arena as a whole. Ten years later in 2018, that figure escalated to an approximate of USD 4 billion, which constitutes 5 percent of total venture capitalist and 20 percent of fintech funding. Since 2012, real estate tech companies have raised over USD 43 billion in funding worldwide. Having said, the next phase of developments in the real estate technology will be more expansive in an all-inclusive form that replaces the current systems to go in line with the growing demand for affordability and flexibility. As the real estate technology applied its online aggregator model in the initial phase, the greater part of the forthcoming developments will be encompassing larger ambitions in the building and management of physical space. Key developments in property management, portfolio management, tools for real estate agents, indoor mapping, and IoT enabled home are few of the spheres that could have possible impact. As per Venture Scanner, a research group, United States is piloting in the real estate technology sector with a total of 450 companies followed by UK with 35 companies. For Indian property technology, tapping into this new market will bring increased competition since many online real estate platforms originate and its usage bounces as consumers start accessing real estate information for better decision making. Observing the market trends and demands in the Indian context, CIO Insider’s distinguished panel consisting of CEOs, CIOs, VCs, analysts and the editorial team has enlisted ‘10 Most Recommended Real Estate Technology Solution Providers - 2020’. The list encompasses companies that are engaged in providing real estate solutions which could help you find the appropriate firm that aligns with your demands.