Global ai in real estate Market
Information Technology

AI In Real Estate Trends and Opportunities 2025-2034: A Comprehensive Guide to Growth Insights

Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What Factors Are Driving the Anticipated Growth Rate of the AI In Real Estate Market Through 2034?

The size of the AI in real estate market has been expanding rapidly in the past few years. Anticipated to swell from $222.65 billion in 2024 to $303.06 billion in 2025, the market will see a compound annual growth rate, or CAGR, of 36.1%. Analyzing the market and predicting its trends, along with the rise of chatbots and virtual helpers, property value evaluation and prediction, superior property search services, and automation in property administration have been the key contributors to the growth experienced in the historic period.

The market size of AI in real estate is projected to witness significant expansion in the upcoming years, increasing to “$988.59 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 34.4%. This growth during the predicted period can be credited to a focus on data security, tailor-made real estate services, market prediction and trend examination, improved customer engagement, and the need for intelligent building solutions. Leading trends during this forecast period consist of personalized customer experiences, predictive analytics for property appraisal, advanced property searching, virtual site visits and visual representation, and automated property administration.

Which Factors Are Enhancing the Growth of the ai in real estate Market?

The growth of the AI in the real estate market is expected to be fuelled by the rising use of IoT devices. These devices are physical objects embedded with sensors, software, and the ability to connect and share data over the internet. The use of AI in real estate involves coupling it with IoT devices for tasks like marketing and leasing, predicting maintenance needs, managing utilities, and improving tenant experiences. For example, the State of IoT—Spring 2022 report by IoT Analytics indicated that in 2021, there were 12.2 billion active connections, marking an 8% rise in the total number of IoT connections. Projections for 2022 suggest an 18% growth in the Internet of Things sector, reaching 14.4 billion connections. Hence, the mounting adoption of IoT devices is fuelling the rise of AI in the real estate sector.

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Who Are the Major Industry Leaders Accelerating Growth in the AI In Real Estate Market?

Major companies operating in the AI in real estate market include:

• Compass Inc._x000D_

• Redfin Corporation_x000D_

• REX Real Estate_x000D_

• Lexalytics Inc._x000D_

• Microsoft Corporation_x000D_

Which Current Trends Are Having the Most Impact on the AI In Real Estate Market?

The uptick of technological advancements is a notable trend in the AI in real estate sector. Businesses present in this field are integrating newer technologies to bolster their market standing. For example, Restb.ai, a computer vision solution company from Spain servicing the real estate sector, unveiled their MLS Suite for Multiple Listing Services in the realm of AI for real estate in September 2022. The MLS suite is a compilation of software applications aimed at updating MLSs. They created AI-based technologies to help Multiple Listing Services streamline the listing entry procedure, fortify security for IDX and VOW website users, and augment the quality and value of MLS data. An essential feature is the AI Tagging functionality, which enables users to automatically gather details about a property’s features. It further includes property details, MLS Agent, and compliance, which automates the identification of potential infractions of MLS or association rules, such as the inappropriate usage of listing images, to enhance compliance activities.

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How Are the Key Segments of the AI In Real Estate Market Driving Opportunities and Innovations?

The AI in real estate market covered in this report is segmented –

1) By Technology: Machine Learning, Natural Language Processing (NLP), Computer Vision

2) By Solution: Chatbots, Customer Behavior Analytics, Advanced Property Analysis, Customer Relationship Management (CRM), Data Analytics And Visualization, Lead Generation And marketing, Property Management

3) By Enterprise Size: Large Enterprises, Small And Mid-sized Enterprises (SMEs)

4) By Application: Design And Plan, Construction, Promotion And Sales

Subsegments:

1) By Machine Learning: Predictive Analytics, Price Optimization, Risk Assessment, market Trend Analysis

2) By Natural Language Processing (NLP): Chatbots For Customer Service, Sentiment Analysis, Document Analysis, Voice-Activated Search

3) By Computer Vision: Property Image Analysis, Video Surveillance And Security, Automated Property Valuation, Augmented Reality (AR) For Property Tours

Which Regions Are Key Players in the Growth of the AI In Real Estate Market?

North America was the largest region in the AI in real estate market in 2024. The regions covered in the AI in real estate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

How Is the Definition of the AI In Real Estate Market Impacting Future Growth?

AI in real estate refers to the use of artificial intelligence technologies and techniques to enhance various aspects of the real estate industry. It involves the application of computer systems and algorithms that can analyze large amounts of data, learn from patterns and trends, and make intelligent predictions or recommendations related to real estate transactions, property management, customer service, and market analysis.

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