Office for rent is the real estate sector with the most investment in technology.

DNVN - Savills experts say that office leasing is currently the real estate sector with the most investment in technology. The office market is moving towards the trend of smart offices...

Market reporting company Statista expects the IT industry to continue to grow strongly during the period 2024 - 2029. The estimated growth rate is 458.6 billion USD, equivalent to a rate of 32.28%.

In recent years, the world has witnessed a technology explosion with a series of new trends such as cloud computing, virtual reality, 5G technology, big data and especially artificial intelligence (AI). As jobs are gradually replaced by modern technology, many companies change their business size and human resource structure.

This may create a need for office transformation, prioritizing flexible design spaces, or choosing serviced office types. On the other hand, AI will create new job opportunities in the digital sector and promote the expansion of technology companies or technical departments in businesses.

Ms. Hoang Nguyet Minh - Senior Director of Commercial Leasing, Savills Hanoi , assessed that on a broader scale, we are witnessing a wave of digital department expansion, focusing on legal, data and cybersecurity in many companies to ensure confidentiality.

Europe - one of the leading advanced technology markets has witnessed a wave of office space expansion to meet the needs of business development. This trend is also taking place in the Chinese market. Savills' China Real Estate Market Report Q2/2024 pointed out that along with pharmaceuticals, the information technology and finance industries account for 70-80% of office leasing transactions.

In Vietnam, the information technology industry is growing impressively. According to a report from the Ministry of Information and Communications , revenue from this industry reached 36.6% in the first quarter of 2024, recording a growth of 17.7% over the same period last year.

According to the Center for Human Resources Demand Forecasting and Labor Market Information, the information technology industry is among the four industries with the highest recruitment demand in 2023. The increasing recruitment trend in the technology industry has put this industry in the leading group of office space rentals in many countries.

Facial recognition technology when entering and exiting the Grand Terra building in Hanoi.

Savills experts said that by early 2024, the technology industry will account for 71% of the rental transaction area in the Hanoi market. Technology-integrated offices are becoming a trend.

“Office leasing is currently the real estate sector with the most investment in technology. The global office market is moving towards the trend of smart offices with technology applications to help improve the experience of tenants and office staff,” said Ms. Minh.

In Asian markets such as South Korea and Singapore, the image of robots working in office buildings is becoming more and more popular. In the Factorial Seongsu building in South Korea, robots are in charge of collecting and delivering parcels. Similarly, the JCT Summit building in Singapore has integrated technology to control energy consumption and use robots in transportation, contributing to improving operational efficiency.

Not only supporting regular customer care services, smart offices also take advantage of technology to help optimize operations and reduce energy consumption. This is important for businesses pursuing sustainable development goals.

AI can scan building information to detect energy usage anomalies or optimize building management systems to guide employees to their office seating positions to reduce energy consumption on off-peak days. This helps manage elevator capacity and lighting and heating costs on unused floors more effectively.

In addition, sensor light technology and facial recognition technology for entering and exiting buildings are becoming popular with the aim of simplifying the customer experience. In Vietnam, the trend of smart offices has begun to appear.

Savills experts assess that technology-integrated offices are bringing positive impacts to tenant experience and liberating labor. This trend will develop in parallel with technology, promising to bring more convenience in the future.

Ha Anh

Source: https://doanhnghiepvn.vn/kinh-te/bat-dong-san/van-phong-cho-thue-la-linh-vuc-bat-dong-san-duoc-dau-tu-nhieu-nhat-ve-cong-nghe/20240925090059805