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Frost & Sullivan: Building Automation Systems Multiply with the Global Urge for Energy EfficiencySANTA CLARA, Calif., Feb. 9, 2018 /CNW/ -- Frost & Sullivan's latest analysis, World Building Automation Systems (BAS) Markets, Forecast to 2022, sheds light on the rapid transformations taking place in the global BAS market. Factors propelling change include the growing use of Internet of Things (IoT), rising popularity of energy-efficient LED lights, increasing reliance on wireless technologies, and concern for overall building energy consumption. The convergence and integration of security and surveillance with BAS is also highlighted as the significance of building security continues to rise. For further information on this analysis, please visit: http://frost.ly/265 "Cutting-edge technologies involving IoT, Big Data, and cloud platforms have made it convenient to gather and normalize data from buildings to help analyze the energy usage trends and facilitate fault detection and monitoring of the overall building energy performance," said Frost & Sullivan Research Manager Suba Arunkumar. "However, these technology advancements will only thrive if suppliers can develop security features strong enough to offset customer fears about hacking or system failure." Key takeaways include:
World Building Automation Systems (BAS) Markets, Forecast to 2022 is part of Frost & Sullivan's Homes & Buildings Growth Partnership Service program. About Frost & Sullivan Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Contact us: Start the discussion World Building Automation Systems (BAS) Markets, Forecast to 2022 Contact:
View original content:http://www.prnewswire.com/news-releases/frost--sullivan-building-automation-systems-multiply-with-the-global-urge-for-energy-efficiency-300596440.html SOURCE Frost & Sullivan |