Description
The smart housing market was estimated at USD 79.13 billion by 2021, and is expected to reach USD 313.95 billion by 2027 and register a CAGR of 25.3% over the forecast period (2022 – 2027). For all real estate companies and the builder ecosystem, the ‘new standard’ defined by the social isolation has necessitated a return to the basics of redesigning and re-inventing residential products by incorporating new age designs, functionality, and innovation. . As redesign occurs, the need for a new set of resources has resurfaced and become apparent. What the customer will need in the ‘new standard’ has been a change in the problem caused by the COVID-19 epidemic, and is leading to a paradigm shift in residential areas.
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