Global Artificial General Intelligence Market Size Likely to Reach at a CAGR of 33.9% By 2033

As per the current market research conducted by the CMI Team, the global Artificial General Intelligence Market size is expected to record a CAGR of 33.9% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 2.78 Billion. By 2033, the valuation is anticipated to reach USD 38.55 Billion.

Real Estate Tokenization Market: Growth Factors and Dynamics

• Increased Liquidity: Tokenization unlocks liquidity in traditionally illiquid real estate markets by enabling fractional ownership and secondary trading of real estate assets.

• Accessibility: Real estate tokenization democratizes access to real estate investments, allowing a wider range of investors to participate in the market with lower investment thresholds.

• Global Reach: Tokenization enables global access to real estate assets, providing investors with opportunities to invest in properties from around the world without geographical restrictions.

• Cost Efficiency: Tokenization reduces transaction costs associated with real estate transactions, including legal fees, administrative costs, and property management expenses.

• Fractional Ownership: Tokenization allows investors to purchase fractional shares of real estate assets, enabling diversification and risk mitigation through fractional ownership.

• Transparency: Blockchain technology provides transparency and immutability to real estate transactions, enhancing trust and confidence among investors and stakeholders.

• Security: Tokenization enhances security and reduces fraud risks associated with real estate transactions by leveraging cryptographic technology and smart contracts.

• Regulatory Compliance: Tokenization platforms ensure compliance with securities regulations and regulatory requirements, providing a safe and regulated environment for real estate investment.

• Market Efficiency: Real estate tokenization increases market efficiency by facilitating faster settlement times, reducing transactional friction, and improving liquidity in the market.

• Innovation: Real estate tokenization fosters innovation in real estate financing, investment, and ownership models, driving the adoption of new technologies and business models in the real estate industry.

Real Estate Tokenization Market: Recent Developments

• In March 2022, Elevated Returns, a leader in real estate tokenization, announced the successful tokenization of a luxury resort property in the Caribbean, marking a significant milestone in the adoption of tokenized real estate assets.

• In February 2022, Harbor, a prominent player in the real estate tokenization market, unveiled a new partnership with a major real estate development firm to tokenize a portfolio of commercial properties, offering investors access to fractional ownership opportunities.

• In January 2022, RealtyBits, a company specializing in real estate tokenization solutions, launched a new platform feature allowing investors to trade tokenized real estate assets peer-to-peer, enhancing liquidity and accessibility in the market.

Report Scope

Real Estate Tokenization Market: COVID-19 Analysis

The COVID-19 pandemic has significantly impacted the Real Estate Tokenization Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:

• Increased Digital Adoption: The pandemic accelerated the adoption of digital solutions, including blockchain and tokenization, as traditional real estate transactions faced disruptions.

• Market Volatility: Economic uncertainty and market volatility led investors to seek alternative investment opportunities, including tokenized real estate, which offered fractional ownership and liquidity.

• Liquidity Challenges: The liquidity crunch in traditional real estate markets highlighted the benefits of tokenization, which allows for easier and quicker asset liquidation.

• Remote Transactions: Lockdowns and social distancing measures necessitated remote transactions, boosting the demand for digital and tokenized real estate platforms that facilitate online investment.

• Increased Transparency: The need for transparency in property investments became more pronounced, with blockchain technology providing clear and immutable records of transactions.

• Shift in Investor Preferences: Investors showed increased interest in digital assets and tokenized real estate due to flexibility, lower entry barriers, and potential for high returns.

• Regulatory Developments: The pandemic prompted regulators to consider more flexible frameworks to accommodate digital and blockchain-based transactions, potentially easing the path for real estate tokenization.

• Operational Efficiency: Real estate tokenization platforms enhanced their operational efficiency to handle increased interest and transactions during the pandemic, leveraging technology to streamline processes.

• Global Investment Opportunities: The pandemic underscored the importance of diversifying portfolios, with tokenization enabling investors to access global real estate markets more easily.

• Technological Innovation: The surge in demand for digital solutions spurred technological innovations within the tokenization space, leading to the development of more robust and user-friendly platforms.

In conclusion, the COVID-19 pandemic has had a mixed impact on the Real Estate Tokenization Market, with some challenges and opportunities arising from the pandemic.

List of the prominent players in the Artificial General Intelligence Market:

• OpenAI
• DeepMind (owned by Google)
• Google Brain
• Facebook AI Research (FAIR)
• Microsoft Research
• IBM Research
• Baidu Research
• OpenCog
• Numenta
• Vicarious
• SingularityNET
• GoodAI
• Neuralink
• Waymo
• Mitsubishi Electric
• Others

The Artificial General Intelligence Market is segmented as follows:

By Type

• Software
• Hardware

By Application

• Transforming Customer Service
• Predictive 3D Design
• Personal Security
• Data Security
• Fraud Detection
• Others

By Industry Vertical

• Healthcare
• Automotive
• Manufacturing
• Retail
• BFSI
• IT & Telecom
• Education
• Government & Defense
• Energy
• Transportation
• Others

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America