The global market for AI in real estate is expected to witness tremendous growth, rising from $337 million in 2019 to an estimated $4,263 million by 2024, at a CAGR of 65.3%. Leveraging data is a critical factor in the success of property deals and investments. Artificial intelligence applications in this space enable efficient decision-making and often reveal unexpected insights through data patterns detected by AI and machine learning tools. These technologies provide important support for various aspects of real estate, such as buying, selling and home financing. AI in real estate can analyze millions of documents, including the personal information of homeowners, to provide valuable insights into property values, past renovations and debt levels. This task would be virtually impossible to accomplish manually within a reasonable timeframe. Improving building security is another area where AI can shine. By combining artificial intelligence, analytics, and building security systems, you can safeguard your commercial property investments from theft or damage and ensure their protection. When it comes to property management, AI can streamline processes like building control and communication between landlords and tenants.