AI, Robotics companies led office space absorption in Bengaluru: Vestian

AI and robotics companies contributed 21 per cent of office space absorption in Bengaluru during the second quarter of calendar year 2024, according to the office market report by real estate consultant Vestian.

Overall, the IT-ITeS sector, which includes AI and robotics, accounted for 69 per cent of Bengaluru’s total office space absorption during this period.

According to the report titled- ‘The Connect Q2 2024’- the office market demand surge in Bengaluru is attributed to the rapid global advancements in artificial intelligence and a supportive local ecosystem.