Report Bundle on the Worldwide Smart Buildings, Cities, and Digital Twins Technology & Solutions Industry to 2026 - Identify Market Drivers
DUBLIN, Feb. 18, 2021 /PRNewswire/ -- The "Global Smart Buildings, Cities, and Digital Twins Technology & Solutions 2021-2026" report has been added to ResearchAndMarkets.com's offering.
This research evaluates smart building technologies, players, and solutions. The report analyzes smart buildings challenges and opportunities, assesses market potential, and provides accompanying smart buildings market sizing, globally as well as regionally, and by market segment for 2021-2026.
It includes an analysis of technologies supporting smartbuilding automation, IWMS, and smart workplace applications and services. Smartbuilding technology integration areas addressed within the report include 5G, AI, data analytics, and edge computing.
This research also evaluates the smart cities market including leading vendors and strategies (such as a single vs. multi-vendor centric approach), infrastructure, solutions, applications, and services. The report analyzes market factors driving solution adoption, technology readiness and fitness for use, and other considerations.
This research also evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments. The report assesses the digital twin product and service ecosystem including application development and operations. The report also analyzes technologies supporting and benefiting from digital twinning.
Select Research Findings
Smart buildings are rapidly transitioning from legacy, often proprietary wireline siloed to more standardized 5G and WiFi6 wireless solutions that leverage AI and edge computing. Intelligence buildings provide many benefits over previous structures including time and cost savings, improved integration of critical infrastructure, and many new and improved solutions such as occupancy-based energy, security, and space utilization.
Smart buildings provide improved facilities access control (security alarm, intrusion detection and overall surveillance), HVAC, lighting and other environmental controls, energy management, and overall building control. In addition, building intelligence is increasingly gained through integration of sensors, actuators and other IoT systems elements to capture data to derive AI-based data analytics.
A digital twin is a virtual object representation of a real-world item in which the virtual is mapped to physical things in the real-world such as equipment, robots, or virtually any connected business asset. This mapping in the digital world is facilitated by IoT platforms and software that is leveraged to create a digital representation of the physical asset. The digital twin of a physical asset can provide data about its status such as its physical state and disposition. Conversely, a digital object may be used to manipulate and control a real-world asset by way of teleoperation.
Digitaltwin solutions in smart cities are largely focused on improving the intelligence of buildings. Specific twinning solutions in this regard include: Asset Twinning, Component Twinning, System Twinning, Process and Workflow Twinning. We see the digital twins market reaching $3.77B for these solution areas in total by 2026.
Smart Buildings Market by Technology, Infrastructure, and Solutions 2021-2026
Smart Cities Market by Strategy, Technology, and Outlook for Solutions, Applications and Services 2021-2026
Digital Twins Market by Technology, Solution, Application, and Industry Vertical 2021-2026
For more information about this report visit https://www.researchandmarkets.com/r/8l8lyx
Research and Markets
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SOURCE Research and Markets