Why Do You Need This Report?
- Discover our market projections for the Internet of Things in Buildings (BIoT) including network hardware and data services.
- Understand the figures for the overall market for Systems in Buildings. Physical Security, Lighting Control and Fire Detection & Safety will represent the 3 largest segments by 2021.
- Analyze the current situation in buildings contrasted with the vision for a future BIoT; And discover how business models and market opportunities will shift as BIoT moves from vision to reality.
- What is driving M&A and Investment in this business? Discover the valuations paid for IoT & BIoT companies.
Most recent assessment indicates that the underlying BAS without connectivity market saw sales of global building systems totalling $94.6Bn in 2015.
Sales of Building Energy and Control Systems (BECS) made up the largest proportion of the market, with sales of $30.9Bn, followed closely by physical security with sales of $27.2Bn, and Fire Detection & Safety with $21.9Bn. We forecast that the market will grow at a combined 7.2% CAGR through to the end of 2016, with the strongest growth being experienced in the lighting control area, at 13% growth.
- The report projects that the combined global market for the Internet of Things in Buildings (BIoT) will grow significantly over the forecast period, rising from $23.5Bn in 2015 to $75.5Bn by 2021, at a CAGR of 20.7%. Growth in data volumes generated by the IoT will still drive significant investments; as organisations struggle to maintain the network capacity and bandwidth requirements to effectively transmit all this new data.
- We see the market for Connectivity Services and Related Hardware growing from a 2015 value of $8.8Bn to over $18.4Bn by 2021, a CAGR of 13.1%. while will see the Enablement Hardware segment's value grow from $6.8Bn in 2015, to $15.5Bn in 2021, which represents a CAGR of 14.7%.
- The Professional Value Add Services market is projected to grow at a rapid 20.7% CAGR from only $3.1Bn in 2015 to $9.6Bn by 2021. And finally, the Big Data and Cloud Based Software & Services market was valued at nearly $8Bn by the end of 2015 and is projected to grow at an impressive CAGR of 26.3% CAGR to $32Bn by 2021.
- We monitored a total of 597 different deals of different types from 2010 to the end of 2015. Over 63% of these deals (379) were venture capital investments, but we also picked up details of over 200 acquisitions, 4 mergers, 3 IPOs and 2 management buyouts, all of which indicates there is also a thriving demand for both new innovation and expansion via M&A in the BIoT space.
Key Topics Covered:
1. An Introduction to the IoT
2. The Building Internet of Things (BIoT)
3. The State of the Market
4. BIoT Applications
5. Vertical Market Opportunities
6. The Global BIoT Market - Sizing & Growth Projections
7. BIoT Market Analysis by Region
8. Market Drivers
9. Market Barriers & Challenges
10. The BIoT Ecosystem
11. IP & Patents
12. Market Focus Steadily Shifts to Smart Building Opportunity
13. BIoT Deals Analysis
For more information about this report visit http://www.researchandmarkets.com/research/wtptwl/the_internet_of
Research and Markets
Laura Wood, Senior Manager
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/multi-billion-internet-of-things-in-smart-commercial-buildings-market-2016-to-2021-focus-on-systems-in-buildings-physical-security-lighting-control-and-fire-detection--safety---research-and-markets-300337176.html
SOURCE Research and Markets