E-House market refers to the digital marketplace for buying and selling real estate. E-House marketplaces have emerged in recent years as a result of technological advancements in the real estate industry. These online platforms provide a convenient and efficient way for buyers and sellers to connect, communicate, and conduct transactions.

E-House marketplaces allow users to search for properties, view property details, communicate with sellers or agents, and even complete transactions entirely online. This can significantly reduce the time and costs associated with traditional real estate transactions. Additionally, these platforms often provide tools for property valuation, mortgage calculation, and legal documentation to streamline the buying and selling process.

Overall, E-House marketplaces offer a modern, efficient way to buy and sell real estate, and are becoming increasingly popular among both buyers and sellers. However, as with any online transaction, it is important to exercise caution and do proper research to ensure a safe and successful experience.

What are the Prevailing Opportunities in the E-House Market?

Increasing Demand for Energy and Power to Propel the Market Growth

The exploitation of shale reserve has led to an increase in demand for energy and power services. According to IEA, the global gas demand is expected to grow by 1.6% a year for the next five years, with consumption reaching almost 4,000 billion cubic meters (bcm) by 2022, up from 3,630 bcm in 2016. China will account for 40% of this growth. Hence, the upstream segment is expected to be one of the largest segments for the e-house market.

Traditionally, players in the oil and gas industry obtain their switchgear, drives, and automation systems from multiple electrical equipment suppliers and obtain their electrical houses through fabricators. But the demand to reduce risk, costs, and delivery time has steered the industry away from this practice, and the part of CAPEX in the upstream sector is contributed to the e-house.

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