New targets for the smart real estate market
Every year, after drawing the sums of the previous one, we already start thinking about future projects. In particular, there are objectives to be achieved, in every area. Real estate is not exempt from this practice, especially that characterized by smart cities.
In previous guides, we have already addressed the topic of how new smart cities can totally change society and the needs of investors. Today, however, we will talk about how the phenomenon is evolving, but, above all, what are the objectives that will be achieved by 2020 from the real estate of smart cities! If you are curious about the topic, we just have to inaugurate our guide today!
The main target is a number: 158 billion dollars by 2024. But let's try to understand what it refers to. This figure represents smart domestic turnover, which will have to grow by 15% in the next four years.
But how is the so-called 'ecosystem' of smart homes currently structured? Smart houses are becoming increasingly popular in the global real estate market. Indeed, industry experts say that, probably, in the next 10 years, a distinction will no longer be made between standardized houses and smart houses. Because the second category will replace the first.
A bright future therefore seems to await the smart segment, thanks also to the speed of implementation of the 5G network. We also remind you that a great contribution has been made by the investments of the internet giants. Let's talk about Google, Apple and Amazon who are transforming the landscape in a remarkable way. Such as ? By investing in projects that can combine the needs of a city with those of increasingly rapidly evolving technology.
It seemed appropriate to make a comparison with the real estate of 2017. A particular year, where the smart home market was worth approximately 43 billion dollars. Why consider 2017? Because from that moment on, the real estate market for smart cities has changed radically. Industry revenue has increased to the point that $ 91 billion is expected by the end of 2020. If we were to take the statistical data into consideration, we will notice that in this case too, an annual increase of 15% is expected.
But where does the smart house market take root more easily? Without a doubt, the United States dominates the rankings, with its $ 27 billion in annual revenue. China instead ranked second, with a gap of 7 billion dollars. Germany and the United Kingdom qualify for Europe with a value of 4.8 billion for both. Obviously the highest profit is also guaranteed by the type of smart house that we take into consideration. The more a property will enjoy smart elements, the more it will generate profit!
Technology combined with the needs of a constantly evolving market seems to have changed the world real estate!
What can we say, we hope that this is also a really smart year!
In previous guides, we have already addressed the topic of how new smart cities can totally change society and the needs of investors. Today, however, we will talk about how the phenomenon is evolving, but, above all, what are the objectives that will be achieved by 2020 from the real estate of smart cities! If you are curious about the topic, we just have to inaugurate our guide today!
The main target is a number: 158 billion dollars by 2024. But let's try to understand what it refers to. This figure represents smart domestic turnover, which will have to grow by 15% in the next four years.
But how is the so-called 'ecosystem' of smart homes currently structured? Smart houses are becoming increasingly popular in the global real estate market. Indeed, industry experts say that, probably, in the next 10 years, a distinction will no longer be made between standardized houses and smart houses. Because the second category will replace the first.
A bright future therefore seems to await the smart segment, thanks also to the speed of implementation of the 5G network. We also remind you that a great contribution has been made by the investments of the internet giants. Let's talk about Google, Apple and Amazon who are transforming the landscape in a remarkable way. Such as ? By investing in projects that can combine the needs of a city with those of increasingly rapidly evolving technology.
It seemed appropriate to make a comparison with the real estate of 2017. A particular year, where the smart home market was worth approximately 43 billion dollars. Why consider 2017? Because from that moment on, the real estate market for smart cities has changed radically. Industry revenue has increased to the point that $ 91 billion is expected by the end of 2020. If we were to take the statistical data into consideration, we will notice that in this case too, an annual increase of 15% is expected.
But where does the smart house market take root more easily? Without a doubt, the United States dominates the rankings, with its $ 27 billion in annual revenue. China instead ranked second, with a gap of 7 billion dollars. Germany and the United Kingdom qualify for Europe with a value of 4.8 billion for both. Obviously the highest profit is also guaranteed by the type of smart house that we take into consideration. The more a property will enjoy smart elements, the more it will generate profit!
Technology combined with the needs of a constantly evolving market seems to have changed the world real estate!
What can we say, we hope that this is also a really smart year!
