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Home Decor Market

IMARC Group has recently released a new research study titled “In Vitro Diagnostics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global home decor market size reached US$ 749.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,087.5 Billion by 2032, exhibiting a growth rate (CAGR) of 4.1% during 2024-2032. The market is experiencing stable growth driven by the increasing focus on health and wellness, rising preferences for personalized and aesthetically pleasing interior designs, and integration of smart technology in decor products to provide enhanced experiences to individuals.

Global Home Decor Market Trends:

The rising influence of current fashion and design trends in home decor is positively impacting the market growth. Along with this, the burgeoning integration of augmented reality (AR) and virtual reality (VR) in the shopping process to enhance the shopping experience by allowing consumers to visualize products in their own spaces before purchase is acting as a growth-inducing factor. Apart from this, the increasing awareness of wellness, boosting the use of biophilic design principles that integrate natural elements into indoor spaces to enhance mental and emotional well-being, is creating a positive outlook for the market growth.

Request to Get the Sample Report: https://www.imarcgroup.com/home-decorative-materials-market/requestsample

Factors Affecting the Growth of the Home Decor Industry:

Changing Consumer Lifestyle and Preferences:

The changing consumer lifestyle as societal norms, economic conditions, and cultural shifts evolve, is one of the major factors boosting the market growth. Moreover, the rising adoption of remote work and flexible schedules, leading to increased demand for home office setups and ergonomic furniture is acting as a growth-inducing factor. Additionally, the growing preference for functional and aesthetically pleasing decor solutions that complement the home workspaces is fueling the market growth. Furthermore, the rising urbanization and compact living spaces, boosting the demand for multifunctional and space-saving furniture and decor, is contributing to the market growth.

Rapid Technological Advancements:

The rapid technological advancements and innovation that drive continuous evolution, thereby influencing product design, manufacturing processes, distribution channels, and consumer experiences, is enhancing the market growth. in line with this, the burgeoning integration of the Internet of Things (IoT) devices and smart home systems that revolutionize the way consumers interact with their living spaces, is propelling the market growth. Smart lighting systems, automated window treatments, and voice-controlled assistants enhance convenience and functionality while contributing to energy efficiency and environmental sustainability. Furthermore, the rising advancements in manufacturing technologies such as three-dimensional (3D) printing and automated production processes that enable greater design flexibility and customization in home decor products, is catalyzing the market growth.

Growing Focus on Environmental Sustainability and Ethical Consumerism:

The increasing awareness of environmental issues, coupled with a growing preference for ethically sourced and sustainable products, is positively impacting the market growth. in line with this, the heightened mindfulness among consumers of the environmental impact of their purchases, prompting them to seek home decor products made from renewable resources, recycled materials, and non-toxic substances, is acting as a growth-inducing factor. Moreover, the rising adoption of ethical sourcing and fair-trade practices as these have become important considerations for consumers when choosing home decor items, is promoting the market growth. Furthermore, the rising preference among consumers who are looking for home decor items that are durable, repairable, and recyclable at the end of their use, is providing a thrust to the market growth.

Key Companies:

Ashley Furniture Industries Inc.
Duresta Upholstery Ltd.
Forbo Holding AG
Hanssem Co. Ltd.
Herman Miller Inc.
Inter IKEA Systems B.V.
Kimball International Inc. (HNI Corporation)
Koninklijke Philips N.V.
Mannington Mills Inc.
Mohawk Industries Inc.
Samson Holding Ltd.
Shaw Industries Group Inc. (Berkshire Hathaway Inc.)
Sophia Home
Springs Window Fashions
Suofeiya Home Collection Co. Ltd.

Home Decor Market Report Segmentation:

By Product Type:

Home Furniture
Home Textiles
Flooring
Wall Decor
Lighting
Others

Home furniture represents the largest segment by product type due to the increasing demand for functional and stylish furniture pieces that cater to diverse consumer preferences and lifestyles.

By Distribution Channel:

Home Decor Stores
Supermarkets and Hypermarkets
Online Store
Gift Shops
Others

Home decor stores account for the majority of the market share because they offer a wide range of curated decor items, personalized shopping experiences, and expert advice.

Regional Insights:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

North America leads the market owing to factors such as high disposable income levels, a strong housing market, and a culture that values interior design and home improvement.

Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=1122&flag=C

Key Highlights of the Report:

Market Performance (2018-2023)
Market Outlook (2024-2032)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: [email protected]

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

About Us                                                                      

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

This release was published on openPR.

Source: openpr.com

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Online Home Decor Market

The online home decor market size is expected to reach US$ 206.05 billion by 2030, from US$ 97.39 billion in 2023, growing at a CAGR of 11.3% during the forecast period. Online home decor includes products such as furniture, textiles, decorative accessories, and more that are purchased online for residential or commercial spaces.

Market Overview:

The online home decor market involves sales of home decorative items like furniture, lighting, textiles, and other accessories through e-commerce platforms. It provides convenience to customers to browse, compare prices and designs, read reviews to select products from the comfort of their home.

Market Dynamics:

The online home decor market is witnessing high growth owing to growing internet penetration across regions. As per statistics, global internet users reached 4.95 billion in 2022, representing 63% of the world’s population and growth of 190 million new users over the past year alone. Growing preference for online shopping among consumers due to benefits like convenience, discounts, easy returns is another key factor augmenting the market growth. Furthermore, increasing disposable income and changing consumer lifestyles are also fueling the demand for home decor products globally. Vendors in the market are investing in virtual and augmented technologies to provide virtual platform for customers to visualize products which is further attracting more customers, thereby driving the market growth during the forecast period.

Get Sample Report with Global Industry Analysis @ https://www.coherentmarketinsights.com/insight/request-sample/6212

Online Home Decor Market Drivers: Consumers preferring online shopping for better product options and competitive pricing

With the rise of e-commerce, consumers are now preferring online shopping over visiting physical stores for various home decor items. Shopping online provides them access to a huge variety of products from different brands, designs, styles, materials and price points under one roof. Customers can compare features and prices of multiple products sitting at home without having to visit multiple stores. Many online home decor retailers also offer consistent and competitive pricing along with regular discounts and deals which attract more customers. The ever-expanding product catalogs and convenient shopping experience has made online shopping a preferred choice for home decorators.

Availability of high-quality 3D product visualization driving higher online consideration and purchase

Online retailers have invested heavily in 3D product visualization and augmented reality/virtual reality technologies to provide superior shopping experience to customers compared to physical stores. Features like zoom, spin and placement tools allow customers to accurately visualize how different furniture, fixtures, paintings etc would look in their home interior before purchase. This improves their decision making and reduces post-purchase dissatisfaction. The realistic 3D simulations and ability to place digital products in real photos of customer’s rooms have made online shopping safer by addressing the inability to physically check products faced in online stores earlier. This has addressed a major concern for high involvement purchases of expensive home decor items and driven higher conversion rates.

Online Home Decor Market Opportunity: Increased focus on personalized customer experience

With rising competition from choice of both online and offline retailers, home decor companies are recognizing the need to Shift from mass marketing to more personalized customer experience strategies. There is a massive opportunity for retailers who can offer a tailored shopping journey to customers by understanding their individual design preferences, budget, home space requirement etc. Personalized product recommendations, instant connects to interior designers, customization or bundling of furniture sets specific to room layouts, curated decoration ideas are some ways to enhance customer experience. Building loyalty can be a key differentiator through engaging personalized touch-points that make customers feel special at every stage of their home decor journey. harnessing big data, AI and new technologies will help retailers convert this opportunity into competitive advantage.

Worldwide major and leading players within the market are:

★ Amazon
★ Bed Bath & Beyond
★ Walmart
★ Wayfair
★ IKEA
★ Overstock.com
★ Target
★ Home Depot
★ Williams-Sonoma
★ Lowe’s
★ Etsy
★ eBay
★ HomeGoods
★ JCPenney
★ Kohl’s
★ Macy’s
★ Pier 1 Imports
★ Crate and Barrel
★ At Home Stores
★ Restoration Hardware

Don’t wait, Make a strategic approach & boost your business goals with our Online Home Decor Market Forecast Report – Buy Now @ https://www.coherentmarketinsights.com/insight/buy-now/6212

Segmental Overview

Online Home Decor Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.

The titled segments and sub-section of the Online Home Decor market are illuminated below:

Global Online Home Decor Market, By Product Type:

★ By Product Type: Furniture, Home Textile, Home Decor, Kitchenware, Bathware, Garden Decor, Others (Wall Decor, Lighting, Rugs, and Mirrors)
★ By Price Range: Premium Price, Medium Price, Low Price
★ By Distribution Channel: Online, Offline
★ By End User: Residential, Commercial
★ By Material Type: Wood, Glass, Metal, Plastic, Ceramic

Regional Analysis for Online Home Decor Market:

📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Key Highlights of the Report

Offers a comprehensive and holistic analysis of the Online Home Decor Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Online Home Decor market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Online Home Decor market’s current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:

➥ Which companies dominate the global Online Home Decor market?
➥ What current trends will influence the Online Home Decor market over the next few years?
➥ What are the market’s opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Online Home Decor market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?

Request For Customization at: @ https://www.coherentmarketinsights.com/insight/request-customization/6212

Contact Us:

Mr. Shah
Coherent Market Insights Pvt Ltd,
533 Airport Boulevard, Suite 400, Burlingame, CA 94010, United States
Email: [email protected]
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.

Source: openpr.com

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Dublin, May 17, 2024 (GLOBE NEWSWIRE) — The “Global Home Decor Market Outlook, 2029” report has been added to ResearchAndMarkets.com’s offering.

The global home decor market continues to demonstrate robust growth, driven by a confluence of technological advancements, shifting consumer trends, and an increasing focus on sustainability. With an expected CAGR of 5.62% from 2024 to 2029, the market is poised to reach a valuation surpassing USD 945 billion by the end of the forecast period.

Technological integration, such as augmented reality (AR), virtual reality (VR), and artificial intelligence (AI), is significantly enhancing the shopping experience, fuelling the expansion of the home decor market. Additionally, growing environmental consciousness is propelling the demand for sustainable home decor products and practices, with consumers actively seeking out eco-friendly options.

Challenges and Trends

Despite its upward trajectory, the home decor industry isn’t without its challenges. Supply chain disruptions have posed considerable difficulties, affecting the production and delivery of products. Moreover, keeping pace with rapidly evolving consumer preferences remains a challenge for market players. Trends such as biophilic design and the influence of remote work requirements on home decor have gained momentum, indicating a shift towards more nature-influenced and functional living spaces. These trends reflect the industry’s responsiveness to contemporary lifestyle shifts.

COVID-19 Impacts

The pandemic’s impact on supply chains resulted in a notable acceleration of online home decor sales, as consumers spent more time at home. The industry saw a surge in demand for items catering to comfort, aesthetics, and home office setups, leading to increased sales in various product segments.

Regional Insights

Asia Pacific remains a key player in the home decor market, with the region’s rising economic prowess and rich cultural heritage of craftsmanship greatly contributing to its growth. The embrace of e-commerce platforms across this region has made home decor products more accessible, expanding the industry’s reach and inclusivity.

Key Industry Developments

Prominent market players are focusing on expanding their product portfolios, with sustainable and technologically-integrated offerings rising to prominence. Innovation, such as smart home features and sustainable manufacturing, is being increasingly prioritized to meet evolving consumer demands. The report also highlights major strategic developments, ranging from the launch of new product lines involving space-efficient furniture to partnerships enhancing holistic solutions for healthy living spaces. These initiatives underscore the industry’s commitment to innovation and sustainability.

Market Outlook

The home decor market outlook demonstrates the synergies of consumer preferences, technological advancement, and sustainable living, projecting a compounded annual growth rate that speaks to the industry’s vitality. As market players continue to adapt and innovate, the home decor landscape seems set for a vibrant evolution in the coming years.

### The contents of this press release serve to provide insights into market dynamics and are meant for informational purposes. They delve into current industry trends, growth, and challenges but do not endorse any particular business practices or serve as a commercial solicitation. The data presented is based on a report representing past market analysis and future projections.

Key Attributes:

Report Attribute Details
No. of Pages 171
Forecast Period 2023 – 2029
Estimated Market Value (USD) in 2023 $684.28 Billion
Forecasted Market Value (USD) by 2029 $945 Billion
Compound Annual Growth Rate 5.6%

For more information about this report visit https://www.researchandmarkets.com/r/81qpp6

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

  • Global Home Decor Market 




Source: globenewswire.com



 




 
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Turn your passion for playing video games into a career by attending one of the top game design colleges in the country.


Game design is an in-demand industry, with new video games for gaming systems, tablets, and phones continually being developed and released. Here, we’re exploring 20 of the best gaming development programs you might want to consider.


What to Look for in a Game Design School


If you’re looking into colleges for video game design, you’ll quickly realize that not all programs are created equally. Some schools only offer a class or two in game design, while others go deep into the field, offering internships and hands-on experiences.


If you’re interested in attending a game design school, it’s important to research schools and programs prior to making your decision. Make sure to look into the specific type of degree you want (undergraduate degree or certificate, for example), the length and commitment of the program, what current and former students have to say about the program, the helpfulness of the faculty and staff, and more.


Luckily, we’ve done the work for you and have narrowed down the top colleges offering game design programs.


The Top 20 Best Colleges for Game Design


There are several video game design colleges and programs in the United States. Here, we’ve created a list starting with the most affordable game design colleges all the way up to those with higher tuition expenses.


1. Shawnee State University


Shawnee’s Game Design School has made it on The Princeton Review’s Top Undergraduate Schools for Game Design list for 13 consecutive years, and with such low tuition, it might be a great bargain. Located in Portsmouth, OH, you can elect to study Game Programming or Game & Simulation Arts.


•   1 year of tuition: In-state $9,621.52; Out-of-state $16,156


2. University of Silicon Valley


USV is available on-campus in the heart of Silicon Valley or 100% online. The university offers Bachelor of Arts degrees in both Game Design and Game Art, as well as a Bachelor of Science in Game Engineering. After graduating, students are qualified for roles including animator, modeler, game writer, computer programmer, and more.


•   1 year of tuition: $27,850 for both in-state and out-of-state students


3. Arizona State University


ASU’s Bachelor of Arts in Interdisciplinary Studies offers a concentration in Computer Gaming with three tracks to choose from: Programming, Art, or Education. Located in stunning Tempe, AZ, courses in the program include Introduction to Graphics and Game Development, Fundamentals of Game Art, Game Engine Architecture, and 3D Modeling and Texturing.


•   1 year of tuition: In-state $12,051; Out-of-state $32,193


4. University of Utah


The Utah Division of Games, located in Salt Lake City, is a college for game designing that combines art, humanities, social science, and computational research and practice to prepare students for careers in the field. Students can choose from multiple gaming bachelor’s degrees, a master’s degree, and even a minor in gaming. The Bachelor of Science in Games includes courses like Survey of Games, Ethics in Games, and Alternative Game Development.


•   1 year of tuition: In-state $9400; Out-of-state $31,104
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5. University of Southern California


USC’s Interactive Media & Games program offers three undergraduate options: a BFA in Themed Entertainment, a BFA in Game Development and Interaction, and a BFA in Game Art. Located in sunny Los Angeles, the program also offers four graduate degrees and nine minors. 


•   1 year of tuition: $33,320 for both in-state and out-of-state students


6. Laguna College of Art and Design


Laguna College of Art and Design Game Art program, located in Laguna Beach, CA, prepares students for employment in any studio or software environment. Students learn the fundamentals of storytelling at every phase of the creation process, how to use a workflow methodology, and how to solve problems in concept challenges.


•   1 year of tuition: $37,500 for both in-state and out-of-state students


7. Full Sail University


Full Sail’s Interactive Technology Bachelor of Science Completion Program in Winter Park, FL offers a Game Design concentration that includes high-level game design and production courses that prepare students to work in game studios after graduation. Recognized as a Top Game Designs Schools by The Princeton Review, the program offers multiple start dates throughout the year and has an accelerated schedule for students looking to finish early.


•   1 year of tuition: $38,750 for both in-state and out-of-state students


8. Drexel University


Drexel University in Philadelphia offers a Bachelor of Science in Game Design & Production, and is recognized as one of the country’s top undergraduate game design programs. Students learn skills like scripting and storytelling, computer programming, computer graphics, animation, motion capture, and more.


•   1 year of tuition: $38,862 for both in-state and out-of-state students


9. Bradley University


Bradley University in Peoria, IL offers both a BA and a BS in Game Design. During your studies, you’ll have the opportunity to intern for a design company, participate in competitions, and show your work at an annual exhibit.


•   1 year of tuition: $39,248 for both in-state and out-of-state students


10. Savannah College of Art and Design


SCAD’s Interactive Design and Game Development degrees offer locations in Atlanta and Savannah, GA with the option to study abroad in Lacoste, France. Students can study at any of the three locations each semester, with the option to switch locations during their time in the program. Courses in the program include Digital Communication, Visual Culture in Context: Pre-Modern Global Perspectives, Aesthetics, and Core Principles: Game Art.


•   1 year of tuition: $41,130 for both in-state and out-of-state students


11. Michigan State University


MSU offers a Game Design and Development Program, a Top 10 Ranked program by The Princeton Review, that was founded in 2005. Students can choose from a Bachelor of Arts in Games and Interactive Media, a Minor in Game Design and Development, or a Serious Games Graduate Certificate. All students get the opportunity to design prototypes and conduct research on the effects of gaming.


•   1 year of tuition: In-state $16,051; Out-of-state $43,435


Recommended: How to Complete the FAFSA Application


12. University of California – Irvine


The Bachelor of Science degree in Game Design & Interactive Media at UC Irvine includes coursework in game programming, game design and development, visual design, interactive storytelling, data science, and game studies. Students graduate the program well-prepared for a career as a designer, developer, and industry leader. Students also get access to well-respected industry mentors.


•   1 year of tuition: In-state $17.205.74; Out-of-state $32,574


13. Champlain College


Champlain’s Bachelor of Science in Game Programming provides hands-on experience, with students collaborating to create and complete game projects. Located in gorgeous Burlington, VT, Champlain was named a “Most Innovative School” by U.S. News & World Report in 2022. Upon graduation, students are well-prepared to work in gaming studios. 


•   1 year of tuition: $47,400


14. Quinnipiac University


Level up your creativity with Quinnipiac University’s Game Design & Development Program. Ranked as one of The Princeton Review’s Top Game Design Programs, students can choose a concentration to focus on, including programming, technology, design process, art, game studies, and more. Located in Hamden, CT, the program also gives students the chance to collaborate with partners both within and outside the community.


•   1 year of tuition: $50,400


Recommended: Financial Benefits of Community College


15. Rochester Institute of Technology


The Game Design, Development, and Arts program at RIT has been rated one of the best programs in this field of study by many organizations, including U.S. News & World Report. Degree options include 3D Digital Design, Film & Animation, Illustration, New Media Interactive Development, and more.


•   1 year of tuition: $56,136
💡 Quick Tip: Need a private student loan to cover your school bills? Because approval for a private student loan is based on creditworthiness, a cosigner may help a student get loan approval and a lower rate.


16. Worcester Polytechnic Institute


The Interactive Media and Game Development (IMGD) program at WPI dives into different aspects of gaming design, including digital painting, 3D modeling, writing for games, game audio, artificial intelligence, and virtual reality. Located in Worcester, MA, the program is recognized as one of the oldest gaming programs in the country.


•   1 year of tuition: $57,960


17. New York University


New York University’s BFA in Game Design has three primary areas of study: Game Studies, Game Design, and Game Development. You can also choose from one the following Production Areas: Programming, Video Design, Audio Design, and Game Business. Though tuition here is a bit higher than at some of the other schools, you can pay for it with a federal or private student loan.


•   1 year of tuition: $60,438


18. Carnegie Mellon


The Game Design undergraduate program at Carnegie Mellon in Pittsburgh, PA will give you a solid foundation in game systems and mechanics design, interactive narrative and character development, visual and audio asset creation, game programming, interface design and user testing, and collaboration and the iterative design process.


•   1 year of tuition: $62,260


19. University of California – Santa Cruz


In USC Santa Cruz’s Bachelor of Science in Computer Science: Computer Game Design, you’ll learn about the construction and design of interactive computer games. In your final year of study, you’ll be immersed in an intensive year-long game project sequence.


•   1 year of tuition: In-state: $30,567; Out-of-state: $65,148


Recommended: Student Debt Guide


20. Cornell University


Cornell, another of the best game design colleges located in Ithaca, NY, offers a minor in Game Design that includes classes like Intro to Computer Game Architecture, Advanced Computer Game Architecture, Analytics-Driven Game Design, Graphics and Art, the Psychology of Gaming, and Human-Computer Interaction.


•   1 year of tuition: $65,204


The Takeaway


With so many game design colleges available, it might be hard to make a decision. Factors to keep in mind include the type of program, the location, the faculty and staff, and the cost. 


However, don’t let cost deter you from going to the school of your choice. To pay for school, you can look into federal student loans, scholarships, and grants.


If you’ve exhausted all federal student aid options, no-fee private student loans from SoFi can help you pay for school. The online application process is easy, and you can see rates and terms in just minutes. Repayment plans are flexible, so you can find an option that works for your financial plan and budget.


Cover up to 100% of school-certified costs including tuition, books, supplies, room and board, and transportation with a private student loan from SoFi.




FAQ


What’s the most affordable game design program?


Shawnee State University offers a nationally acclaimed game design program with low tuition. Tuition for in-state residents is $16,156 per year.


What’s the most expensive game design program?


Cornell University has one of the most expensive game design programs in the U.S. at over $65,000 per year.


How much does game design school cost?


Game design schools can range from $16,000 per year all the way up to more than $65,000 per year. 




Photo credit: iStock/fizkes


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The real estate landscape is rapidly evolving, and technological advancements are reshaping the way properties are bought and sold. Virtual Reality (VR) has emerged as a game-changer in the industry, offering an immersive experience that goes beyond traditional marketing methods. Virtual Reality Tours are paving the way for a revolution in real estate marketing, providing potential buyers with a unique and interactive way to explore properties from the comfort of their homes. In this article, we will delve into the future of real estate marketing and the transformative impact that VR tours are having on the industry.


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The Rise of Virtual Reality Tours


Virtual Reality Tours in real estate involve creating a three-dimensional, computer-generated environment that users can explore. These tours enable prospective buyers to virtually “walk through” a property, gaining a realistic sense of the space and layout. This immersive experience allows users to examine details, such as room dimensions, finishes, and overall ambiance, fostering a deeper connection with the property. If you’ve ever been on Google Earth, it is like that but with the interior of a home you are thinking of buying. 


Benefits for Buyers


Remote Exploration: VR Tours eliminate geographical barriers, allowing potential buyers to explore properties regardless of their location. This is particularly beneficial for international or out-of-town buyers who may find it challenging to visit properties in person.


Time Efficiency: Virtual Reality Tours save time for both buyers and sellers. Instead of physically visiting multiple properties, buyers can narrow down their options by virtually touring homes, streamlining the decision-making process. If buyers like what they see, then they can actually book a viewing of the home. 


Immersive Experience: VR Tours provide a realistic and immersive experience, allowing buyers to visualize themselves in the space. This emotional connection can significantly impact their decision-making, increasing the likelihood of a successful sale.


Benefits for Sellers


Wider Reach: Virtual tours expand the reach of property listings. Sellers can showcase their homes to a global audience, attracting a diverse range of potential buyers who may not have considered the property through traditional marketing channels.


Time-Saving: Sellers benefit from reduced inconvenience associated with physical property visits. Virtual Reality Tours minimize the need for frequent open houses and private showings, streamlining the selling process.


Competitive Edge: Adopting VR technology gives sellers a competitive edge in the market. Properties that offer virtual tours stand out among listings, capturing the attention of tech-savvy buyers and potentially accelerating the sale process.


The Future Outlook


As technology continues to advance, the future of real estate marketing appears increasingly intertwined with virtual reality. The adoption of augmented reality (AR) is on the horizon, enabling potential buyers to virtually stage and customize spaces to suit their preferences. Additionally, advancements in VR hardware, such as more accessible and user-friendly headsets, will likely contribute to the widespread adoption of virtual tours.


Are you looking for a new home to match the new year? Give us a call today! The experienced real estate agents at Zoocasa are more than happy to guide you through this exciting process!






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The landscape of real estate is undergoing significant transformations in 2024, driven by a confluence of technological advancements, shifting market dynamics and evolving consumer behaviors. 


1. Technology 2024: Proptech challenges and profitability pursuit


The proptech sector, a technological cornerstone of the real estate space heavily reliant on venture capital, has encountered formidable challenges in the past year. The Federal Reserve‘s rate hikes and a general slowdown in venture capital investment have created a challenging environment, leading to layoffs and financial struggles for prominent companies. The housing market’s conditions, characterized by soaring prices and limited availability, have compounded these challenges.


As we enter 2024, proptech companies are likely to place an unprecedented emphasis on monitoring their balance sheets, with a sharp focus on immediate-term profitability. The year will unfold with a strategic shift in business models, emphasizing the expansion of product offerings and investments in consumer education to adeptly navigate the housing market slowdown. Technology is set to emerge as a crucial tool in such sectors as the rental segment, with the advent of online rental screening software, enhancing efficiency, rent payment reporting and thwarting fraudulent activities.


Despite uncertainties, optimism is likely to pervade the industry, with companies leveraging partnerships and eyeing potentially lucrative IPOs in the future. The resilience and innovation demonstrated by the formation of new companies underscore the sector’s potential to thrive in both adversities and favorable conditions.


The technology likely to have the biggest impact in 2024


    

  • Data-driven property management: Real-time insights into property performance optimize rents, maintenance schedules and tenant satisfaction.
    • 

  • Remote work: Technology enablement creates more flexibility and freedom.
    • 

  • Cybersecurity in real estate: Increasing investments protect sensitive property and financial data in the digital realm.
    • 

  • Artificial intelligence (AI) and predictive analytics: Revolutionizing decision-making with data-driven insights, predictive property values and investment opportunities, expediting the process by removing manual tasks.
    • 

  • Augmented reality (AR) and virtual reality (VR): Transforming property viewing experiences with virtual tours and enhanced property visualization.
    • 




In a notable departure from its traditionally local focus, more than ever real estate agents in local markets are needing to think more nationally as opposed to regionally. This shift is propelled by the increased migration of people, as evidenced by a variety of data points. RentSpree user statistics have showcased a significant spread of rental applicants across the nation. Between 2021 and 2023, approximately 17% of rental applicants sought housing in other states, reflecting an upward trend from 14% in 2020 and 12% in 2019. This trend is likely to intensify this coming year.


This nationalization is underpinned by two fundamental factors. First, housing affordability has plummeted to its lowest level in over 30 years. The combination of escalating home prices and rapid increases in borrowing costs has prompted individuals to explore housing options beyond their current locations. Secondly, remote and hybrid work options, increasingly prevalent since the pandemic, are becoming a permanent fixture of the professional landscape. 


As we prepare for 2024, the challenges of affordability and the evolving nature of work will foster increased migration to secondary markets nationwide. This shift not only holds promise for relative affordability but also aligns with lifestyle preferences. The more nationalized approach to real estate will impact organizations supporting industry professionals and the individuals actively servicing the sector.


3. Multiple listing services need to become the source of truth for rentals


Multiple listing services (MLSs), traditionally recognized as the source of truth in the for-sale segment, will more so than ever face the imperative to extend this role to the rental market in 2024. The current absence of rental listings on most MLSs has significant repercussions, resulting in financial losses for both agents and tenants. More than 60% of rental properties are absent from MLSs, curtailing exposure and profitability for agents and landlords alike.


Advocating for standardized data for rental listings, diverse compensation models for agents and the provision of reliable and timely information for renters will be key, especially this coming year. Rentals will continue to play an increasingly important role in the real estate market and people’s lives given the severe affordability issues permeating the for-sale sector. The inclusion of rentals in MLSs stands to streamline the rental process, minimize delays and instill efficiency. The benefits extend to increased agent commissions, strengthened sales pipelines and a reduction in fraudulent activities.


Bright MLS, one of the largest MLSs nationwide, is leading the way and has integrated rental listings with commendable success. This proactive move serves as a testament to the positive outcomes achievable through aligning MLSs with the evolving dynamics of the real estate landscape.


4. Flourishing during challenging times: A tale of two (interconnected) markets


The prospects of homeownership in 2024 remain elusive for many. With rates hovering between 7% and 8% and single-family home prices still at record highs, the financial barriers to purchasing a house are and will continue to be formidable. The cost differential between buying and renting, with the former averaging 52% higher, underscores the financial challenges associated with homeownership.


In contrast, the rental market is emerging as a pivotal player, presenting increased choices and decreased competition for renters. Construction of new units, as highlighted by a recent Zumper National Rent Report, contributes to a market dynamic where prices will continue to decrease in numerous regions. As a result, the focus in 2024 further pivots towards the rental market, offering a lifeline to those seeking shelter as well as those servicing the housing market.


This paradigm shift in the real estate landscape presents a unique opportunity for real estate professionals. With the for-sale market navigating a precarious juncture marked by compensation lawsuits and affordability concerns, the emphasis in 2024 will be on generating leads and income through other avenues, such as the rental market. Rentals, therefore, will not just help to bridge the gap for agents during challenging times but also serve as an investment into the future for both new and seasoned real estate professionals.


5. Building a fairer financial future toward homeownership


With affordability as the primary concern heading into 2024, tools intended to support greater financial empowerment will continue to gain prominence this coming year. Rent payment reporting is one of the initiatives that will play a more prominent role in fostering a fairer financial future for all participants in the real estate ecosystem. 


Major players in the mortgage industry, such as Fannie Mae and Freddie Mac, have initiated programs to incorporate rent payments into credit histories. Fannie Mae’s pilot program, extended until December 2024, signifies a commitment to exploring the far-reaching implications of including rent payment history in credit reporting. 


This inclusion carries profound empowering potential, influencing loan approvals and addressing racial disparities prevalent in the housing market. As we chart the trajectory towards a more equitable financial future, additional private sector solutions are likely to emerge in 2024 and become instrumental in facilitating this transformative change. 


In summary, the real estate landscape of 2024 is marked by a dynamic interaction of technological advancements, market dynamics and socioeconomic influences. The various trends mentioned above collectively shape a narrative of an industry undergoing constant change. Success in 2024 will hinge on the capacity to embrace change and capitalize on emerging opportunities.


Michael Lucarelli is the CEO and co-founder of RentSpree. 








Source: housingwire.com



 




 
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AI’s impact on the job market and society is a topic of much debate. However, its potential to assist businesses in making informed decisions is undeniable. Artificial intelligence (AI) has permeated various aspects of our lives, sparking discussions about its possibilities and challenges. Will we witness the realization of AI’s capabilities in the upcoming year? SAS, a frontrunner in AI and analytics, has enlisted the insights of executives and experts from across the organization to forecast trends and pivotal developments in AI for 2024. Here are some of the forecasts they have put forward.




SAS AI predictions and trends for 2024




Generative AI will augment (not replace) a comprehensive AI strategy


SAS, with a recent commitment of $1 billion to AI-powered industry solutions, emphasizes the growing significance of generative AI in organizational strategies. In 2024, organizations will shift towards integrating this technology to complement industry-specific AI strategies.




In banking, simulated data for stress testing and scenario analysis will help predict risks and prevent losses. In health care, that means the generation of individualized treatment plans. In manufacturing, generative AI can simulate production to identify improvements in quality, reliability, maintenance, energy efficiency and yield.


Bryan Harris, Chief Technology Officer, SAS


AI will create jobs


Although introducing new AI technologies in 2024 and beyond may lead to temporary disruptions in the job market, it will also ignite the creation of numerous new jobs and roles, thereby contributing to economic expansion.




In 2023, there was a lot of worry about the jobs that AI might eliminate. The conversation in 2024 will focus instead on the jobs AI will create. An obvious example is prompt engineering, which links a model’s potential with its real-world application. AI helps workers at all skill levels and roles to be more effective and efficient.


Udo Sglavo, Vice President of Advanced Analytics SAS


AI will enhance responsible marketing


While AI holds the potential for optimizing marketing and advertising initiatives, it is essential to recognize that biased data and models can yield skewed outcomes.




As marketers, we must consciously practice responsible marketing. Facets of this are awareness of the fallibility of AI and alertness to possible bias creeping in. In SAS Marketing, we are implementing model cards that are like an ingredient list, but for AI. Whether you create or apply AI, you are responsible for its impact. That’s why all marketers, regardless of technical know-how, can review the model cards, validate that their algorithms are effective and fair, and adjust as needed.


Jennifer Chase, Chief Marketing Officer, SAS


Financial firms will embrace AI amid a Dark Age of Fraud


Even as consumers show increased vigilance against fraud, fraudsters use generative AI and deepfake technology to refine their multitrillion-dollar trade. Phishing messages are becoming more sophisticated, and imitation websites appear remarkably authentic. With simple online tools, a criminal can replicate a voice after just a few seconds of audio.




We are entering the Dark Age of Fraud, where banks and credit unions will scramble to make up for lost time in AI adoption – incentivized, no doubt, by regulatory shifts forcing financial firms to assume greater liability for soaring APP [authorized push payment] scams and other frauds.


Stu Bradley, Senior Vice President of Risk, Fraud and Compliance Solutions, SAS


Shadow AI will challenge CIOs


CIOs previously faced challenges with ‘shadow IT’ and will now encounter ‘shadow AI’ – solutions utilized by or developed within an organization without official approval or monitoring by IT.




Well-intentioned employees will continue to use generative AI tools to increase productivity. And CIOs will wrestle daily with how much to embrace these generative AI tools and what guardrails should be put in place to safeguard their organizations from associated risks.


Jay Upchurch, Chief Information Officer, SAS


Multimodal AI and AI simulation will reach new frontiers


The next step in generative AI is the combination of text, images, and audio into one model. This is called multimodal AI, which allows for the simultaneous processing of diverse inputs. 




An example of this will be the generation of 3D objects, environments and spatial data. This will have applications in augmented reality [AR], virtual reality [VR], and the simulation of complex physical systems such as digital twins.


Marinela Profi, AI/Generative AI Strategy Advisor, SAS


Digital-twin adoption will accelerate


Organizations can refine operations, enhance product quality, boost safety measures, improve reliability, and decrease emissions through digital twins.




Technologies like AI and IoT [Internet of Things] analytics drive important sectors of the economy, including manufacturing, energy and government. Workers on the factory floor and in the executive suite use these technologies to transform huge volumes of data into better, faster decisions. In 2024, the adoption of AI and IoT analytics will accelerate through broader use of digital-twin technologies, which analyze real-time sensor and operational data and create duplicates of complex systems like factories, smart cities and energy grids.


Jason Mann, Vice President of IoT, SAS


Insurers will confront climate risk, aided by AI


After years of waiting, climate change has evolved from a potential threat to a real and urgent danger. The global insurance industry faced more than $130 billion in losses from natural disasters in 2022, putting immense pressure on insurers worldwide. In the United States, insurers face scrutiny for increasing premiums and pulling out of heavily affected states like California and Florida, leaving millions of customers in a difficult position. 




To survive this crisis, insurers will increasingly adopt AI to tap the potential of their immense data stores to shore up liquidity and be competitive. Beyond the gains they realize in dynamic premium pricing and risk assessment, AI will help them automate and enhance claims processing, fraud detection, customer service and more.


Troy Haines, Senior Vice President of Risk Research and Quantitative Solutions, SAS


AI importance will grow in government


AI will soon have an impact on government workforces. Governments struggle to attract and keep AI experts because of their high salaries, but they will actively seek out this talent to support regulatory efforts. 




And like enterprises, governments will also increasingly turn to AI and analytics to boost productivity, automate menial tasks and mitigate that talent shortage.


Reggie Townsend, Vice President of the SAS Data Ethics Practice


Generative AI will bolster patient care


In 2024, organizations will continue to advance health and enhance patient and member experiences by developing AI-powered tools for personalized medicine. These tools will include patient-specific avatars for clinical trials and the generation of individualized treatment plans.




Additionally, we will see the emergence of generative AI-based systems for clinical decision support, delivering real-time guidance to payers, providers and pharmaceutical organizations.


Steve Kearney, Global Medical Director, SAS


Deliberate AI deployment will make or break insurers


In 2024, a top 100 global insurer will face closure due to prematurely implementing generative AI. Insurers are rapidly introducing autonomous systems without customizing them to their business models. They aim to use AI for expedited claims processing to counteract recent poor business performance. However, following layoffs in 2023, the remaining workforce will need more support to oversee AI’s ethical and widespread implementation.




The myth of AI as a cure-all will trigger tens of thousands of faulty business decisions that will lead to a corporate collapse, which may irreparably damage consumer and regulator trust.


Franklin Manchester, Global Insurance Strategic Advisor, SAS


Public health will get an AI boost from academia


The COVID-19 pandemic has made it evident that safeguarding our population will necessitate exceptional technology and collaboration. Public health embraces technological advancements like never before.




Whether overdoses or flu surveillance, using data to anticipate public health interventions is essential. Forecasting and modeling are rapidly becoming the cornerstone of public health work, but the government needs help. Enter academia. We will see an increase in academic researchers carrying out AI-driven modeling and forecasting on behalf of the government.


Dr. Meghan Schaeffer, National Public Health Advisor and Epidemiologist, SAS


At SAS Innovate, April 16-19, 2024, in Las Vegas, you have the opportunity to discuss with SAS executives, gain insights into their forecasts, and delve into the newest developments in AI and analytics. Secure your spot to receive updates on the conference and take advantage of early-bird pricing.








 




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Mihaela Lica Butler is senior partner at Pamil Visions PR. She is a widely cited authority on public relations issues, with an experience of over 25 years in online PR, marketing, and SEO.She covers startups, online marketing, social media, SEO, and other topics of interest for Realty Biz News.












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Source: realtybiznews.com



 





 
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Wilmington, Delaware, United States, Aug. 11, 2023 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global market for online home decor was estimated to have garnered a global market valuation around US$ 171 billion in 2022. The market is anticipated to grow with a steady 7% CAGR from 2022 to 2031 and by 2031; the market is likely to reach a valuation of US$ 313.5 billion.


Customers presently receive a virtually perfect and immersive shopping experience when they purchase online. This includes items being appropriately arranged and divided depending on color, use, and available space, as well as the use of augmented as well as virtual reality.


Users may build up an entire house or workplace using applications and portals that support AR and VR, helping them see and select the best furnishings. The global market is being driven by consumers’ need for high-end home décor furnishings and accessories to give their houses a classic appearance.


Request Sample Copy (To Understand the Complete Structure of this Report [Summary + TOC]): https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37046


“Connect with our team of research specialists and unlock the optimal solution for driving your business growth”


Market Snapshot:





 Report Coverage
 Details




 Market Revenue
 US$ 171.0 Bn




 Estimated Value
 US$ 313.5 Bn




 Growth Rate – CAGR
 7.0%
 




 Forecast Period
 2023-2031




 No. of Pages
 150 Pages




 Market Segmentation
 By Product Type, Price Category, Distribution Channel




 Regions Covered
 North America, Europe, Asia Pacific, Middle East & Africa, South America




 Companies Covered
 Ashley Home Stores, Ltd., Herman Miller, Inc., Home 24 SE, Home Depot Product Authority, IKEA Systems B.V., Kimball International, Inc., Lowe’s Companies, Inc., Pepperfry, Signify Holding (Philips), Springs Window Fashions





Key Findings of the Market Report 


    

  • During the projected period, the furniture sector is anticipated to have the biggest global online home decor market share.
    • 



    

  • Demand for bed and bath linens will probably increase, which will fuel the online home décor sector.
    • 



    

  • Europe is an appealing market for online home décor due to customers’ growing preference for online home decor buying.
    • 



Market Trends for Online Home Décor 


    

  • During the projected period, the furniture sector is anticipated to have the biggest global online home decor market share. This is attributed to an increase in consumer expenditure on enhancing interior design to boost sales of home dcor and an increase in disposable income for consumers.
    • 



    

  • With furniture acting as the representation of big durable commodities, the furniture sector has steadily adapted to the e-commerce marketing strategy as the Internet economy continues to grow and the logistics system gets better.
    • 



For In-depth Competitive Analysis, Buy Now: https://www.transparencymarketresearch.com/checkout.php?rep_id=37046&ltype=S


Online Home Décor Regional Market Outlook


    

  • Europe is seeing an enormous increase in demand on the worldwide market, which is followed by Asia Pacific as well as South America. Europe is becoming a desirable market for online home decor due to customers’ growing inclination for online home décor purchasing and their demand for fashionable, distinctive collections and multifunctional goods.
    • 



    

  • Leading players are using the internet sales channel to launch creative and affordable items. For example, Fabindia debuted its new Vardaniya as well as Vatika home décor collections on 2022. The collection contained serve ware, lights, pillows, table linen, curtains, home décor, and collectibles. A growing millennial generation that is consistently spending money on home furnishings is having an impact on the market’s overall expansion.
    • 



Global Online Home Decor Market: Key Players


To assess their financials, significant product offerings, recent advancements, and strategies, the companies within the online home decor market research are given in-depth profiles. The majority of businesses invest a lot on thorough research and development initiatives, mostly to create cutting-edge items. The two main tactics used by firms in the international market are product portfolio expansion as well as merger & acquisition.


Inter IKEA Systems B.V., Home Depot Product Authority, LLC, Kimball International, Inc., Herman Miller, Inc., Ashley Home Stores, Ltd., Home 24 SE, Lowe’s Companies, Inc., Signify Holding (Philips), Springs Window Fashions, and Pepperfry are some of the major companies active in the global online home decor market.


Some developments by the key players in the global market for online home decor are:


    

  • Overstock debuted Bed Bath & Beyond, its new American website, in 2023. All Overstock.com clients are now sent to BedBathandBeyond.com following the formal rebranding of Overstock.com as Bed Bath & Beyond. The online store Bed Bath & Beyond sells items for the kitchen, bedroom, and bathroom as well as furniture and home accessories like carpets and lighting.
    • 

  • Mensa Brands introduced fresh merchandise under the Folkulture home décor brand in 2023. The brand has now entered the Indian market and is already available on Amazon in the United States, the United Kingdom, and Canada. The business offers around 1,000 goods in more than 30 categories. For the purpose of accelerating its expansion in the furniture industry, the business bought Folkulture in 2021.
    • 

  • The Home Depot unveiled StyleWell Kids in 2022, a fresh, in-vogue home décor brand with over 65 kid-friendly furniture. The new StyleWell kid’s product line, a unique collection, is made to enable families to furnish a child’s room that is distinctly individual. Collections from StyleWell Kids include modern princess, park ranger, dreamer, adventurer, and captain, among others. In order to serve customers of all ages, the firm aims to concentrate on both adult and children’s home design items.
    • 



If You want to Purchase Specific Insights by Segment/Region/Competitor, Request for Customization: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=37046


Global Online Home Decor Market Segmentation 


    

  • Product Type

      

    • Furniture

        

      • Living Room
        • 

      • Dining Room
        • 

      • Bedroom
        • 

      • Kitchen
        • 

      • Others
        • 

      

      • 

    • Textiles

        

      • Bed Linen
        • 

      • Bath Linen
        • 

      • Kitchen Linen
        • 

      • Upholstery
        • 

      • Other
        • 

      

      • 

    • Flooring

        

      • Ceramic & Stone Tiles
        • 

      • Wood & Laminates
        • 

      • Vinyl Flooring
        • 

      • Carpets & Rugs
        • 

      • Others
        • 

      

      • 

    • Wall Decor

        

      • Wall Stickers
        • 

      • Clocks
        • 

      • Hanging
        • 

      • Frame Works
        • 

      • Metal Works
        • 

      • Shelves
        • 

      • Others
        • 

      

      • 

    • Lighting

        

      • Chandeliers
        • 

      • Lamps & Shades
        • 

      • Light Bulbs
        • 

      • Others
        • 

      

      • 

    • Others
      • 

    

    • 

  • Price Category

      

    • Low
      • 

    • Medium
      • 

    • High / Premium
      • 

    

    • 

  • Distribution Channel

      

    • Company Website
      • 

    • E-Commerce Website
      • 

    

    • 

  • Region

      

    • North America
      • 

    • Europe
      • 

    • Asia Pacific
      • 

    • Middle East & Africa
      • 

    • South America
      • 

    

    • 



Read More Related Reports:


Demand for Home Audio Equipment – Market Size, Trends, Analysis, Scope, Growth Drivers


Smart Bathroom Market Size [2023-2031] | Industry Share, Growth


Home Fragrance Industry Size, Growth Analysis, Future Scenario 2023-2031


About Transparency Market Research


Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.


Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Contact:


Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]








Source: globenewswire.com



 




 
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Zurich-based startup HEGIAS has developed the world’s first browser-based, VR CMS for the construction and real estate industries. Having just passed $1 million in funding, the innovators expect to snag another $1.9 million by March of this year.


Courtesy HEGIAS Swissproptech Sptd18


Virtual reality (VR) is now all the rage in proptech as the technology moves forward to be integrated into every facet of our lives. This latest innovation from the Swiss startup HEGIAS promises to transform parts of the real estate business, as can be seen in the video below.


[embedded content]


 Founded by Marty (Pam) Patrik, Tuan Nguyen and Andreas Schmeil in 2017, HEGIAS has now developed the world’s first browser-based, automated virtual reality content management system (CMS) for the industry. Filling a huge void where for architects, construction companies, homeowners, brokers, and interior designers, the new tech will streamline workflows and reduce overall miscommunication and mistakes in projects. Furthermore, the HEGIAS solutions are a world apart for cost-effectiveness, the company says their innovations are as much as 100 times cheaper than current high-end visualizations technologies for the industry. HEGIAS also says their solutions will be faster thanks to the automation aspects.


The developers are currently focusing tightly on the construction industry because of the high-quality 3D data is already available in this sector. This is a bright move since marketing of properties often begins long before projects are completed. So, the Swiss platform can help increase initial vacancy rates by showing unbelievable VR visualizations to clients. We spoke briefly about HEGIAS’ upcoming releases with Pam Patrik, who added this assurance: 




“HEGIAS will launch the world’s first browser-based high-end virtual reality content management system by the end of March 2019. Our initial product offering will be focusing on the real estate market, planning industries, and architects.”




According to the news, the funding is being used to complete the CMS for its international launch, and to promote further developments. HEGIAS 1.0 has been tested in pilot projects with customers like PS/Wincasa, Implenia, Swisscanto, and a specialised VR/CMS project for Shopfitting with Jegen AG. 


HEGIAS is a member of SwissPropTech, and is advised by digital game change expert Adrian Wildenauer, Senior Construction Management Consultant at pom+, a leading business consultancy for real estate, construction, facility, portfolio and asset management in Europe. 


In the days to come, we will try and interview Wildenauer or company CEO Marty (pam) Patrik.








 




Phil Butler is a former engineer, contractor, and telecommunications professional who is editor of several influential online media outlets including part owner of Pamil Visions with wife Mihaela. Phil began his digital ramblings via several of the world’s most noted tech blogs, at the advent of blogging as a form of journalistic license. Phil is currently top interviewer, and journalist at Realty Biz News.












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Source: realtybiznews.com