• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, August 27, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Relevance Of IoT In Real Estate Profession

by Sivowaku Abiodun
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

In a revolutionary shift that’s transforming the way properties are managed and interacted with, the Internet of Things (IoT) is changing the face of the real estate industry. From smart homes to intelligent buildings, the integration of IoT technology is unlocking unprecedented efficiency, security, and innovation in the sector.
As the world becomes increasingly connected, the real estate industry is poised for a seismic shift – and IoT is leading the charge.

Advertisement

An expert and a construction project engineer at Nicholson Construction Company, based in United States of America, Nelson Akindele reveals how IoT can revolutionize property management and real estate operations. Globally, the adoption of IoT is expanding rapidly. Leading research and advisory firms have estimated that the number of IoT devices will continue to grow significantly, further embedding IoT into everyday infrastructure and operations, including real estate​​.

According to Nelson, by integrating IoT devices such as sensors and smart systems, real estate professionals can gather extensive data to enhance decision-making processes. These technologies facilitate efficient property management, improve security, and provide detailed insights into building performance and occupancy rates. The research highlights the potential for IoT to drive digital transformation in real estate, making operations more efficient and customer-oriented​​.

Despite its promising benefits, the integration of IoT in real estate faces several challenges. One significant barrier is the high cost of implementing IoT infrastructure, which can be prohibitive for smaller firms.

Additionally, there are concerns about data security and privacy, as the increased connectivity exposes systems to potential cyber threats. The study also notes a lack of awareness and technical expertise among real estate professionals, which hampers the adoption of IoT technologies​​.

RELATED

Zularich Properties Hands Over New Housing Estate To Buyers, Rewards Realtors

Zularich Properties Hands Over New Housing Estate To Buyers, Rewards Realtors

2 minutes ago
Tinubu Hails NGX Growth, Backs More Capital Market Reforms

Tinubu Hails NGX Growth, Backs More Capital Market Reforms

13 minutes ago
ADVERTISEMENT

While challenges remain, particularly in less developed regions, the growing global adoption and the anticipated exponential increase in IoT devices highlight a future where smart technology is integral to real estate practices.

Embracing IoT can lead to substantial improvements in efficiency, security, and data-driven decision-making. Nelson advocate for educational initiatives to increase awareness and understanding of IoT among real estate professionals, which can help drive the future adoption and implementation of IoT in real estate, ensuring the industry keeps pace with technological advancements.


Join Our WhatsApp Channel

Nigerians can now earn US Dollars monthly by acquiring domains cheaply and reselling for profits up to $18,000 (nearly ₦30Million). Beneficiaries include professionals, entrepreneurs, civil servants and more. Click here to start.


SendShare10172Tweet6357Share
ADVERTISEMENT
Previous Post

Buhari Mourns Passing Of Ex-Senate President Bukola Saraki’s Mother

Next Post

PEBEC Holds Townhall Meeting Friday

Sivowaku Abiodun

Sivowaku Abiodun

You May Like

Zularich Properties Hands Over New Housing Estate To Buyers, Rewards Realtors
Business

Zularich Properties Hands Over New Housing Estate To Buyers, Rewards Realtors

2025/08/27
Tinubu Hails NGX Growth, Backs More Capital Market Reforms
Business

Tinubu Hails NGX Growth, Backs More Capital Market Reforms

2025/08/27
The Evolution Of Betting In Nigeria: A Journey Of Growth
Business

How To Bet Smarter In 2025

2025/08/26
Malabu Oil: Abacha Family Wants Minister To Withdraw Claims On Court Cases
Business

Global Oil & Gas Contracts Up By $7bn In Q2

2025/08/26
Fadaella Foods To Capture Nigerian Market With New Products
Business

Fadaella Foods To Capture Nigerian Market With New Products

2025/08/26
Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1
Business

Africa Prudential Records 75% PBT Growth, N41.35bn Assets In H1

2025/08/26
Leadership Conference advertisement

LATEST

Zularich Properties Hands Over New Housing Estate To Buyers, Rewards Realtors

Tinubu Hails NGX Growth, Backs More Capital Market Reforms

NRC Must Prevent Future Train Mishaps — Tinubu

FERMA Completes Emergency Repairs On Failed Sections Of Lagos Road

N6.5b Scandal: CSOs Allege Intimidation, Kano Govt Blames Ganduje, Aide Refutes Claim

Financial Misconduct Allegations: Anglican Church Investigates Bishop

Anti-quackery Committee Seals 6 Health Facilities In Rivers

Bauchi Speaker Urges Youth Parlamentarians To Embrace Selfless Service

TISSF And Matters Arising

Labourer Dies As Wall Collapses At Garki Excavation Site

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.