The Business Research Company

The Business Research Company's Generative Artificial Intelligence (AI) In Real Estate Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, February 25, 2025 /EINPresswire.com/ -- What Is The Growth Trajectory Of The Generative AI In Real Estate Market?

The generative artificial intelligence AI in real estate market has grown exponentially in recent years. From $0.59 billion in 2024, the market is forecasted to grow to $0.77 billion in 2025, reflecting a compound annual growth rate CAGR of 30.7%. This significant growth rate during the historic period can be attributed to urbanization, the increasing demand for personalized property, the surge in the adoption of smart building technologies, the growth in data availability, and increased investments in AI for research and development.

Where Is The Generative AI In Real Estate Market Headed?

Looking forward, the generative AI in real estate market size is set to see exponential growth. With projections reaching $2.23 billion by 2029, the market expects a CAGR of 30.4%. This surge during the forecast period is expected to be fuelled by the growing demand for new construction, increasing disposable income, the rise in proptech startups, the surging demand for platforms, and a strong inclination towards personalization.

Get Your Free Sample Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20812&type=smp

What Is Driving The Generative AI In Real Estate Market?

The rise in new constructions is a significant driver for the generative AI in real estate market. Urbanization, population growth, and the need for updated infrastructure and housing to accommodate changing lifestyles and economic conditions are increasing the demand for new constructions. Generative AI plays a crucial role in these scenarios by optimizing building designs, automating planning processes, and predicting material requirements. Notably, in February 2023, UK's Office for National Statistics reported that the annual construction output had increased by 5.6% in 2022 compared to 2021, following a record increase of 12.8% in 2021.

Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/generative-artificial-intelligence-ai-in-real-estate-global-market-report

Who Are The Key Industry Players In The Generative Ai In Real Estate Market?

Leading companies operating in the generative AI in real estate market are Compass Inc., Rocket Companies, Autodesk Inc., Zillow Group Inc., Yardi Systems Inc., Redfin Corporation, C3.ai Inc., DataRobot Inc., Keller Williams Realty Inc., Matterport Inc., H2O.ai Inc., Matellio Inc., Rex Real Estate Exchange Inc., LocalizeOS Inc., HouseCanary Inc., Hyro Inc., BigOhTech Inc., Roof Ai Inc., RisingMax Inc., SmartZip Analytics Inc., and Entera Inc.

What Emerging Trends Are Shaping The Generative AI In Real Estate Market?

New generative AI-powered real estate assistants are being developed by major companies in the industry. These tech innovations aim to enhance property valuation accuracy, streamline transaction processes, and improve customer engagement. One such example is the KWIQ, a generative AI-powered real estate assistant launched by Keller Williams Realty Inc. in June 2024. This digital tool offers productivity enhancement features, streamlining marketing efforts, and empowering real estate agents to serve clients more effectively.

How Is The Generative AI In Real Estate Market Segmented?

1 By Component: Services; Software Tools; Platforms
2 By Deployment Mode: Cloud-Based; On-Premises
3 By Application: Property Valuation; Building Design; Predictive Maintenance; Energy Management; Other Applications
4 By End-User: Real Estate Agents; Property Managers; Architects; Engineers; Other End-Users

Subsegments include:
1 By Services: Consulting Services; Integration Services; Support and Maintenance Services; Data Analytics Services
2 By Software Tools: AI-Powered Property Valuation Tools; Predictive Analytics Software For Market Trends; AI-Based Investment Tools; Virtual Property Tours And Visualization Tools
3 By Platforms: AI-Driven Real Estate Platforms; Cloud-Based Property Management Platforms; AI-Based Real Estate Marketplaces; Real Estate CRM Platforms With AI Integration

What Are The Regional Insights Into The Generative AI In Real Estate Market?

North America was the largest region in the generative artificial intelligence AI in real estate market in 2024, while other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

Browse For More Similar Reports-

Artificial Intelligence In Regtech Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-regtech-global-market-report
Artificial Intelligence In Radiology Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-radiology-global-market-report
Artificial Intelligence In Oncology Global Market Report 2025
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-oncology-global-market-report

About The Business Research Company:

The Business Research Company offers comprehensive, data-rich research and insights across 27 industries spanning over 60 geographies. With 1,500,000 datasets and unique insights from industry leaders, you can stay ahead in the game.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Oliver Guirdham
The Business Research Company
+44 20 7193 0708
info@tbrc.info
Visit us on social media:
Facebook
X
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.