[May 23, 2018] |
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IoT in Smart Buildings Market Outlook and Forecasts 2018 - 2023 - ResearchAndMarkets.com
The "IoT
in Smart Buildings Market Outlook and Forecasts 2018 - 2023"
report has been added to ResearchAndMarkets.com's
offering.
This Smart Building research focuses primarily upon commercial real
estate (CRE), such as office buildings and warehouses, which can be
augmented with Internet of Things (IoT) technologies for improved
communication, automation, and many workplace benefits for both humans
and machines. In addition to optimization of tenant operations, CRE
owners recognize the ability to realize significantly higher leasing
fees with intelligent buildings. Accordingly, over 80% of new
construction involves at least one facet of IoT and/or related Smart
Building technologies.
It is important to note that roughly 90% of legacy buildings in
developed economies have issues that will require substantial
retrofitting
Supporting technologies such as Artificial Intelligence (AI), Mobile
Edge Computing, 5G networks will all support new and enhanced smart
building system related applications and services. The anticipated
massive growth of IoT smart building systems also creates a substantial
market opportunity for asset tracking systems and real time IoT
analytics, especially associated with smart workplace solutions. Mind
Commerce sees many opportunities for AI in Integrated Workplace
Management Systems (IWMS), especially pertaining to simultaneous
resource allocation and workflow management optimizatio.
This research evaluates the Smart Buildings marketplace including
technologies, players, and solutions. The report analyzes Smart
Buildings challenges and opportunities, assessing market potential and
provides accompanying forecasts globally as well as regionally and by
market segment for 2018 - 2023. The report includes analysis of
technologies supporting building automation, IWMS, and smart workplace
applications and services. Solution areas covered include 5G, AI, Data
Analytics, and Edge Computing.
Key Findings:
-
Global IoT smart building market will approach $51.44B USD globally by
2023
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33% of IoT smart building market will be powered by AI technologies by
2023
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North America will lead the IoT smart building market with 36% share
by 2023
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Smart Building automation systems will grow at 48.3% CAGR from 2018 -
2023
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MEC, 5G, real-time IoT data analytics, and asset tracking are key
solution areas
Key Topics Covered: 1 Introduction
2 Smart Building Challenges and Opportunities
3 Smart Building Organizations and Initiatives
4 Company Analysis
5 IoT Smart Building Market Analysis and Forecast 2018 - 2023
6 Conclusions and Recommendations
Companies Mentioned
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ABB Group
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Abundant Power
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Accenture (News - Alert) PLC
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Aeon Labs LLC
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Affinegy, Inc
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Affinity Automation, LLC
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American Auto-Matrix
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American Digitals
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American Energy Management
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AMMAMSIC Technology Corp
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Appin Associates
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Assodomotica
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Athena Engineering, Inc
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Automated Control Inc.
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Azbil
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Be Home247
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Belimo
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Brandt Automation, Inc
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Building IQ
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Building Robotics
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Cadillac Fairview
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Central Coast Environmental Controls
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Cisco Systems Inc.
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Copper Tree Analytics
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Crestron
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CSR (News - Alert)
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Current Analytics, Inc.
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Cylon
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Delta Controls
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Distech Controls
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E.M.S. Technologies
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Eagle Energy, Inc
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EATON
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Ecova
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EFT Energy
For more information about this report visit https://www.researchandmarkets.com/research/zq7blt/iot_in_smart?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180523006594/en/
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