United States Multifamily Housing IoT and Automation Market Study 2023: Understanding Multifamily Pain Points, Technology Enabling New Use Cases, Market Leading Vendors, MDU Market Sizing

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Dec 15, 2023, 12:00 ET

DUBLIN, Dec. 15, 2023 /PRNewswire/ -- The "US IoT and Automation in Multifamily Housing: Players and Market Growth" report has been added to ResearchAndMarkets.com's offering.

This report examines current adoption of smart products in multifamily properties. It also explores the key challenges involved in servicing this market and profiles market leaders.

Multifamily properties and MDUs are adopting technology at an unprecedented rate, undergoing a digital transformation. Internet of Things and smart home devices present multifamily properties with an opportunity to differentiate themselves in increasingly competitive markets, attract new residents, and increase rental revenues. This report examines current adoption of smart products in multifamily properties. It also explores the key challenges involved in servicing this market and profiles market leaders

"During the COVID-19 pandemic, properties faced many pressures including the need to support more remote and virtual interactions with residents as well as overcome widespread staffing shortages. Post-pandemic, residents expect these remote interactions and conveniences, while staffing shortages appear to be here to stay," said Kristen Hanich, Research Director at the analyst.

Key Topics Covered:

Executive Summary

Key Findings: Top Pain Points Among MDUs
Key Findings: Technology Adoption
Key Findings: Market Evolution and Business Priorities

IoT in the Multifamily Industry

Top Drivers of IoT Adoption for MDUs
Technologies Used and NPS Among Property Managers, on Their Largest Property
Usage of App & Website Portal by MDU Residents
Smart Apartment Applications: Unified or Separate?
MDU Roadmaps: What's Coming, What's Next

Understanding Multifamily Pain Points

Top Concerns of MDUs
Common Pain Points in Deployment
Addressing Deployment Pain Points
Common Pain Points in Operations
Solutions
Networking in Multifamily Properties
Cybersecurity and Data Privacy Challenges

Technology Enabling New Use Cases

Property Differentiators for Future Home Among MDU Residents
Self-Reported Adoption of In-Unit Property-Provided Devices by MDU Residents
Managed Wi-Fi and Managed Bulk Wi-Fi
Access Control
Utility management and disaster prevention solutions
Predictive and preventative maintenance
Other Emerging Use Cases

Market Leading Vendors

Priorities When Choosing Vendors of Internet-Connected Devices
Smart Apartment Aggregator Platforms
Managed Wi-Fi Providers - MDU Specialists
Access Control Solutions

MDU Market Sizing

Apartments by Units in Structure (#M Units)
Condos by Units in Structure (#M Units)
Apartment by Building Types (#M Units)
Condos by Building Types (#M Units)
Amenities and Features Provided by Community
Apartment Residential Units with Smart Amenities

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/b3ytfy

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