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Transforming Landscapes: KSA Real Estate Service Market Soars at 8.4% CAGR, Fueled by Vision 2030 and Digitalization: Ken Research

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GURUGRAM, India, Feb. 26, 2024 /PRNewswire/ — The Kingdom of Saudi Arabia’s real estate service market is undergoing a remarkable transformation, propelled by ambitious national goals outlined in Vision 2030 and the increasing adoption of digital technologies. Ken Research’s comprehensive report, KSA Real Estate Service Market Outlook to 2028: Building a Sustainable Future, delves into this dynamic landscape, projecting a remarkable 8.4% CAGR over the next five years. This press release summarizes the key findings and offers valuable insights for investors, developers, service providers, and stakeholders seeking to leverage this flourishing market. 

Market Overview: 

Several key factors are contributing to the KSA real estate service market’s upward trajectory: 

Vision 2030: The government’s ambitious plan prioritizes infrastructure development, economic diversification, and increased foreign investment, creating a conducive environment for the real estate industry. Growing Population: The Kingdom’s population is rapidly expanding, driving demand for residential and commercial properties, leading to increased demand for related services. Urbanization: The rapid urbanization trend necessitates efficient planning, management, and maintenance of real estate assets, leading to increased demand for specialized services. Digitalization: The adoption of proptech (property technology) solutions is transforming the industry, offering greater efficiency, transparency, and convenience for all stakeholders. 

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Segmentation Spotlight: 

Ken Research provides a detailed segmentation of the market, allowing you to pinpoint your target audience effectively: 

By Service Type: Property management, leasing and marketing, valuation and appraisal, and facility management dominate the market. Emerging segments like property technology and sustainability consulting are gaining traction. By Client Type: Developers, investors, and individual property owners are the primary clients. Growing interest is seen from government entities and institutional investors. By Property Type: Residential, commercial, and industrial properties are the main focus areas, with specialized services catering to niche segments like hospitality and healthcare. By Region: Major cities like Riyadh, Jeddah, and Dammam hold the largest market share, but emerging regions are attracting investments in infrastructure and real estate development. 

Competitive Landscape: 

The KSA real estate service market features a diverse mix of players: 

International Giants: Leading global players like CBRE and JLL are entering the market with their global expertise and advanced technologies. Regional Powerhouses: Established local companies like Al-Othaim Real Estate and Abdullah Al-Othaim & Sons offer comprehensive services and cater to local market nuances. Specialized Service Providers: Niche players focus on specific segments like property technology, sustainability consulting, or valuation services. 

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Recent Developments: 

Proptech Adoption: The use of online platforms, big data analytics, and virtual reality tours is revolutionizing property search, leasing, and management processes. Focus on Sustainability: Developers and service providers are increasingly adopting sustainable practices like green building technologies and energy-efficient solutions. Government Initiatives: Initiatives like the Real Estate Regulatory Authority (RERA) and the National Urban Development Strategy are promoting transparency, standardization, and professionalism in the industry. 

Future Outlook: 

The KSA real estate service market is poised for exciting developments in the coming years: 

Integration of Proptech: Proptech solutions will be further integrated across the value chain, creating a seamless and data-driven experience for all stakeholders. Rise of Specialized Services: Demand for niche services like co-working space management, property technology consulting, and data analytics will continue to grow. Focus on Investor Relations: Service providers will prioritize building strong relationships with investors and developers, offering tailored solutions and data-driven insights. Expansion into Emerging Regions: Investments in infrastructure and real estate development will create opportunities for service providers in new regions across the Kingdom. 

Challenges to Address: 

Despite its promising future, the market faces some hurdles: 

Skilled Workforce Shortage: Attracting and retaining qualified professionals with expertise in real estate and technology is crucial for sustained growth. Data Sharing and Integration: Streamlining data sharing and ensuring compatibility between different proptech platforms is essential for seamless operations. Cybersecurity Concerns: Implementing robust cybersecurity measures is critical to protect sensitive data and ensure investor confidence. 

Why This Report Matters: 

This report empowers various stakeholders to navigate the KSA real estate service market: 

Investors: Identify lucrative investment opportunities across different segments and technologies. Developers: Gain insights into emerging trends, customer needs, and regulatory requirements to adapt their offerings and improve project outcomes. Service providers: Understand the competitive landscape, identify niche opportunities, and develop innovative solutions to cater to specific market needs. Policymakers: Develop policies that promote innovation, ensure fair competition, and create a regulatory environment conducive to sustainable real estate development. Property owners and tenants: Understand the benefits and value proposition of different real estate service providers, making informed decisions about their property management needs.

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For More Insights On Market Intelligence, Refer To The Link Below: –

KSA Real Estate Service Market

Related Reports by Ken Research: –

Riyadh Office Market Outlook to 2027 Driven by Rise in Demand for premium office space and upcoming completion of smart city and office projects

The Riyadh office market is anticipated to reach GLA 6.4 SQM by 2027, with a forecasted increase in market size driven by factors such as economic development, increased foreign investment, and a growing demand for office spaces. The future of the Riyadh office market is likely to be shaped by the adoption of smart office technologies.

Makkah Sellable Market Outlook to 2027 Driven by Development towards Vision 2030 and Increasing Number of Hajj and Umrah Pilgrims

The market will grow at a CAGR of 5.4% during 2023-2027 due to Development Towards Vision 2030 and Increasing Number of Hajj and Umrah Pilgrims. Market competitiveness may lead to innovations in property offerings, amenities, and pricing strategies. Developers may strive to differentiate their projects to attract buyers in a competitive market.

Germany Property Management Market Outlook to 2028 By Product Type (Residential, Commercial, and Other Product Types) and End User Services (housing associations, Property managers Agents, Property investors and others.) And By Regional Split (North/East/West/South)

The market is expected to grow at a CAGR of ~4% during forecast years 2022-2028.  The growth of the market is high due to various factors like increasing construction activity, low mortgage rates. The Germany property management market is a complex web of interconnected stakeholders. At its core are property owners, both individuals and institutions, who rely on property management companies to maximize the value of their assets.

UK Real Estate Service Market Outlook to 2028 Driven by Low Mortgage Rates and Population Growth and Urbanization

The future of the UK real estate market holds several exciting possibilities driven by emerging trends and advancements. Technology will play a transformative role, with increased adoption of artificial intelligence, virtual reality, and data analytics enhancing the efficiency of property transactions, marketing, and customer service.

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Contact Us:-
Ken Research Private Limited
Ankur Gupta, Director Strategy and Growth
Ankur@kenresearch.com
+91-9015378249

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Global Ultrasound Institute Launches GUSI Fellowships Platform: Elevating Point-of-Care Ultrasound Education

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SAN FRANCISCO, Sept. 20, 2024 /PRNewswire/ — The Global Ultrasound Institute (GUSI) is proud to announce the launch of the GUSI Fellowships Platform, an innovative online platform designed to empower learners around the world to achieve confidence and competency in point-of-care ultrasound (POCUS). With a holistic, device-independent approach that includes comprehensive evidence-based education, personalized mentorship from world-class POCUS educators, detailed scan review feedback, quantitative assessments, and CME certification, GUSI is setting a new standard in POCUS education.

“GUSI’s online didactics are the best that I have seen. And what I like most about the fellowship were the 1:1 sessions and being able to interact with GUSI expert faculty who have many years of experience in POCUS. And you get to pick their brains and they get to instruct you 1:1. I have used the training I received from GUSI to do much more POCUS clinically and further impact my patients lives.”

Dr. James Wilcox,
Assistant POCUS Director, Indiana University School of Medicine
Adjunct Professor and Assistant Professor of Medicine

“Our mission at GUSI is to democratize access to high-quality ultrasound training,” said Dr. Kevin Bergman and Dr. Mena Ramos, Co-CEOs of Global Ultrasound Institute. “The GUSI Fellowships Platform enables learners from diverse backgrounds to enhance their skills in a supportive, flexible environment, making it easier than ever to reach their POCUS goals.”

With training options covering 38 different scan types, learners can expect personalized 1:1 mentorship with expert POCUS educators who provide timely feedback on practice scans.

“The GUSI fellowship mentors are the best: patient, kind, knowledgeable, experienced, and supportive. GUSI provided education in the areas I wanted and needed to obtain and in my home/office environment not requiring multiple trips around the country. It is not just the way course work is presented – learning is made easier by the support provided to each student.”

Dr. Glenda Patterson
Core Faculty, University of Arkansas Northwest Internal Medicine Residency
Physician, Veterans Health Care of the Ozarks
Board-certified in Internal Medicine, Pulmonary Medicine, and Critical Care Medicine

The GUSI Fellowships Platform features a scalable software system designed to monitor and track performance, ensuring learners can effectively measure their progress.

GUSI understands the challenges faced by healthcare professionals seeking to enhance their ultrasound skills amid demanding schedules. GUSI addresses these concerns with flexible scheduling options, allowing learners to progress at their own pace while balancing their professional and personal commitments. This adaptability and virtual experience is crucial for fostering a culture of continuous learning and skill development.

“I went from not being able to hold the probe to someone who can scan and diagnosing and finding pathologies. I worked with Dr. Milne-Price and she was amazing! She sharpened my skills and we did sessions of live scanning over Zoom. I feel confident in my skills now to scan on my own.”

Dr. Dalea Al-Hawarri
Faculty, Bryn Mawr Family Medicine Residency

As healthcare continues to evolve, the demand for proficient ultrasound practitioners has never been greater. GUSI is not only committed to providing exceptional education but also aims to inspire a new generation of healthcare professionals who can leverage POCUS to improve patient outcomes globally. Join us in this exciting journey towards excellence in ultrasound practice.

For more information on GUSI Fellowships and to start your journey toward ultrasound proficiency, visit https://globalultrasoundinstitute.com/.

About Global Ultrasound Institute:

Global Ultrasound Institute stands at the forefront of point-of-care ultrasound, providing wraparound education, training, AI, and administrative software tools to healthcare providers and health systems globally to lower barriers to POCUS adoption and implementation. GUSI has trained over 14,000 healthcare practitioners in over 60 countries. GUSI is working to create a better world in which every healthcare practitioner is empowered to offer a rapid, reliable, accurate ultrasound-enabled diagnosis directly at the point-of-care, for any patient, anywhere.

For more information about GUSI Fellowships or any of GUSI services, please visit https://globalultrasoundinstitute.com/

Contact:

Dr. Kevin Bergman, Co-Founder, co-CEO, Global Ultrasound Institute
Dr. Mena Ramos, Co-Founder, co-CEO, Global Ultrasound Institute

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SOURCE GLOBAL ULTRASOUND INSTITUTE

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Keuka College Notifies Individuals of Data Security Incident

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KEUKA PARK, N.Y., Sept. 20, 2024 /PRNewswire/ — Keuka College has learned of a data security incident that may have involved personal information.

On April 25, 2024, the College identified suspicious activity within its network environment and immediately took steps to secure the environment, restore its systems, and began an investigation to determine the nature and scope of the issue. Keuka College also engaged independent cybersecurity specialists to assist with the process. The comprehensive investigation, which concluded on August 21, 2024, could not determine definitively whether personal information related to current and former students and employees was affected.

Keuka College maintains a variety of records which can include: name, Social Security number, Driver’s license number, student id number, financial account information, and date of birth. Current students and employees were contacted by the College in May and provided with one year of free credit and identity monitoring services.

Keuka College has established a toll-free call center to answer questions about the incident and address related concerns. Call center representatives are available Monday through Friday from 9:00 am to 9:00 pm Eastern Time and can be reached at 1-833-913-7557. Please be prepared to provide the engagement number, B131983, for reference.

View original content:https://www.prnewswire.com/news-releases/keuka-college-notifies-individuals-of-data-security-incident-302254623.html

SOURCE Keuka College

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TeraBox Celebrates 2nd Anniversary of Its Massively Popular Referral Program

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Continuously expanding webmaster signups, especially in multiple regions, along with new highs in webmaster payouts, has ensured the smooth operation and continuous development of the project.

TOKYO, Sept. 21, 2024 /PRNewswire/ — TeraBox (“TeraBox” or “the Company”), a globally trusted cloud storage service headquartered in Tokyo, recently celebrated the second anniversary of its hugely popular Referral Program, a testament to the smooth operation and continuous development of the project. The number of webmaster signups, including in multiple new regions, continued to increase steadily with webmaster payouts reaching new highs.

TeraBox reveals some of its impressive Referral Program data.

TeraBox’s total number of webmasters worldwide reached over one million.The highest daily income of webmasters reached over $10,000, with the top earner making nearly $180,000.The total number of shares by all webmasters exceeds 500 million.

The network of webmasters spans across the globe, including countries such as India, Indonesia, the United States, Latin America, Middle East, and South Korea. Moreover, as TeraBox’s influence continues to grow, the platform is excited to welcome many new webmasters from an expanding range of countries and regions.

TeraBox has achieved significant milestones, demonstrating its sustainable growth and increasing user impact. The journey started with the Webmaster Center launch in August 2022. Following this, several optimizations were implemented, including a self-withdrawal feature that simplified earnings management for webmasters and increased their engagement. Additionally, the Growth Analysis tool provided webmasters with valuable insights into their operational performance, enabling more effective decision-making.

As a result of these enhancements, both the number of participating webmasters and their earnings have seen remarkable increases. Looking ahead, the upcoming launch of the Webmaster App in September 2024 is set to further elevate user engagement and convenience, solidifying TeraBox’s position as an industry leader.

About TeraBox

TeraBox, developed by Flextech Inc. in Japan, is a leading global cloud storage solution. Headquartered in Tokyo, TeraBox proudly serves over 320 million users globally, providing an easy yet powerful way to store and manage data. With its generous 1TB of free storage, TeraBox ensures that your files are safe, secure, and accessible from anywhere. As a secure, reliable, and convenient service, TeraBox is certified with ISO 27001, ISO 27701, and ISO 27018, offering individual users around the world the opportunity to register for 1TB (1024GB) of free storage.

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View original content:https://www.prnewswire.co.uk/news-releases/terabox-celebrates-2nd-anniversary-of-its-massively-popular-referral-program-302254411.html

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