About 15 percent of real estate firms used digital twin technology, according to a 2023 survey among 750 CFOs at major companies worldwide. A digital twin is a virtual model of a building, supercharged with real-time data transmitted through internet of things (IoT) devices. Digital twins help with predictive maintenance, automated operations, and simulate new technologies. Approximately 22 percent of respondents shared that their firm was in early-stage adoption, while 30 percent were piloting the technology. Meanwhile, about eight percent of industry experts were not interested.
Level of adoption of digital twin according to real estate industry experts worldwide in 2023
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Share of real estate firms
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Deloitte. (September 20, 2023). Level of adoption of digital twin according to real estate industry experts worldwide in 2023 [Graph]. In Statista. Retrieved September 17, 2024, from https://www.statista.com/statistics/1477695/digital-twins-in-real-estate-firms-2023/
Deloitte. "Level of adoption of digital twin according to real estate industry experts worldwide in 2023." Chart. September 20, 2023. Statista. Accessed September 17, 2024. https://www.statista.com/statistics/1477695/digital-twins-in-real-estate-firms-2023/
Deloitte. (2023). Level of adoption of digital twin according to real estate industry experts worldwide in 2023. Statista. Statista Inc.. Accessed: September 17, 2024. https://www.statista.com/statistics/1477695/digital-twins-in-real-estate-firms-2023/
Deloitte. "Level of Adoption of Digital Twin According to Real Estate Industry Experts Worldwide in 2023." Statista, Statista Inc., 20 Sep 2023, https://www.statista.com/statistics/1477695/digital-twins-in-real-estate-firms-2023/
Deloitte, Level of adoption of digital twin according to real estate industry experts worldwide in 2023 Statista, https://www.statista.com/statistics/1477695/digital-twins-in-real-estate-firms-2023/ (last visited September 17, 2024)
Level of adoption of digital twin according to real estate industry experts worldwide in 2023 [Graph], Deloitte, September 20, 2023. [Online]. Available: https://www.statista.com/statistics/1477695/digital-twins-in-real-estate-firms-2023/