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The Top 15 Technology Trends Impacting the Built Environment

February 1, 2024 | Jim Young, Co-Founder & CEO, Realcomm
3 min read
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Today’s technology is moving faster than ever before. The speed and exponential growth of artificial intelligence is just one example of how fast things are changing.

With the hundreds, if not thousands, of processes involved in designing, building, leasing, managing, transacting and using buildings, technology and innovation are the most important elements of the business strategy to maximize efficiency and improve the occupant experience. Fully understanding and prioritizing technology projects is critical to success.


What are the truly relevant trends? Where should a company focus resources? What are the highest priorities? Which solutions offer the highest return on investment? Which solutions are simply fads – or worse – just hype?


To create order in the chaos, Realcomm conducts an annual survey involving hundreds of market leaders and visionaries. This survey of commercial and corporate real estate technology end-users (and the technology providers that serve these markets) generates enlightening data on the state of the industry and executives’ top concerns, especially when considering shifting global market dynamics.


Gleaning insight from this abundant information source yields these top trends for 2024:

  1. With CRE markets facing major challenges, aligning TECHNOLOGY strategies with BUSINESS goals is crucial

  2. Going beyond the general promise of ARTIFICIAL INTELLIGENCE and identifying specific, beneficial use cases is essential

  3. SMART, CONNECTED BUILDINGS are pivotal to operational efficiency, safety and enhanced occupant experiences

  4. The heart of a real estate organization, the ENTERPRISE platform, continues to evolve and improve

  5. Utilizing a comprehensive DATA strategy is the foundation for an efficient and effective organizations

  6. Given the current state of office buildings, assessing the FUTURE OF WORK, hybrid, flex and immersive is critical

  7. Because buildings use more than 40% of global energy, ENVIRONMENTAL SUSTAINABILITY is crucial to achieving carbon reduction goals

  8. Keeping enterprise systems and operational technology safe from CYBER threats is increasingly a top priority

  9. Budgets are under scrutiny, so maintaining and expanding TECHNOLOGY INNOVATION is the key to staying competitive

  10. Finding, training and maintaining an effective technology WORKFORCE remains a foremost focus

  11. Seamless connectivity in buildings requires a comprehensive IN-BUILDING WIRELESS strategy

  12. Buildings are evolving: a digital, engaging, immersive, safe, and convenient OCCUPANT EXPERIENCE is the future

  13. Integration of physical and digital RETAIL experience brings new challenges and opportunities

  14. With the PROPTECH hype cycle over, integrating legitimate new technology into the ecosystem is key

  15. New REGULATORY COMPLIANCE demands increased attention

All the 15 major technology trends impacting the built environment in 2024 will be front and center at the Realcomm | IBcon conference on June 20-21 at the Tampa Convention Center. Whether you are making just one technology decision for your real estate organization or developing a full strategy, this is the one conference you will not want to miss! Register today!

Jim Young, Co-Founder & CEO, Realcomm
Founder of Realcomm Conference Group, an education organization that produces Realcomm, IBcon and CoRE Tech, the world's leading conferences on technology, automated business solutions, intelligent buildings and energy efficiency for the commercial and corporate real estate industry. As CEO, Jim interacts with the largest companies globally pertaining to some of the most advanced and progressive next generation real estate projects under development.

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