The real estate industry is invariably a successful & profitable industry. With the emergence of technology, the real estate industry has evolved in a way that it was noticed no time before. The industry steadily habituated to the progressing technologies and experienced a digital transformation.
Booming technologies such as augmented reality and virtual reality are substantially changing the real estate industry. It lessens the time, efforts, cost & energy involved in actually touring the property. A prospective buyer, miles away from the real property, can visually discover what it looks like in an absolutely immersive experience. Right from technologies like property viewing, brochures, augmented hoardings, walkthrough, to 360-degree view, all the technology truly offers beauty as well as clarity in marketing and selling. Similarly, IoT has a massive range of applications like predictive maintenance, enhanced energy, faster decision making, and thereby can boost up the PropTech industry also the everyday life of the individuals. As all industries put to use the potential of extensive data, though of varying technical and statistical intricacy, for making informed decisions. Real estate is no exception to it, and big data is one of the highly in demand technologies in the PropTech sector too. Although the real estate industry is slowly adapting to the changing technologies, they believed in AI and machine learning thoroughly as they help in processing the collected data to be more actionable. Also, the utilization of drones in the PropTech industry would be appending another feather to the cap of real estate. It will also depict a property's multi-perspective sight with easy aerial photography, which is budget-friendly.
Keeping such drastic transitions in mind, we have compiled this edition of ProprTech Outlook order to assist organizations in the task of finding accomplished solution providers to help them navigate the PropTech realm. With several innovative technological capabilities and success stories up their sleeves, these organizations are continually proving its mettle in the field of PropTech. We hope this issue of PropTech Outlook helps you build the partnership you and your firm need to foster a technologically-driven solution.
We present to you PropTech Outlook's "Top 10 PropTech Solution Providers 2020."