DUBLIN, May 28, 2019 /PRNewswire/ -- The "Smart Buildings Market by Technology (AI, IoT, Indoor Wireless), Infrastructure, Solutions (Asset Tracking, Data Analytics, IWMS), and Regions 2019 - 2024" report has been added to ResearchAndMarkets.com's offering.
This report evaluates the smart buildings market including 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 2019 - 2024. The report includes an analysis of technologies supporting smart building automation, IWMS, and smart workplace applications and services. Smart building solution areas covered include 5G, AI, data analytics, and edge computing.
The smart buildings market consists of warehouses, factories, office buildings and other enterprise, industrial, and government structures. Intelligent structures leverage a variety of interdependent technologies such as Artificial Intelligence (AI), broadband wireless (including WAN and indoor wireless), cloud computing (including edge computing), and Internet of Things (IoT) networks to improve operational efficiency and enable a more safe and productive environment.
The smart buildings market is related to the smart workplace market, which includes some important enterprise and industrial automation systems and solutions such as integrated workplace management systems (IWMS), decision support systems utilizing advanced data analytics, and business asset management.
Leading companies within the commercial real estate sector are realizing tangible benefits by leveraging smart buildings market solutions as owners are able to charge higher fees for technology-enabled intelligent buildings. Accordingly, over 80% of new construction involves at least one facet of IoT and/or related smart buildings market-related technologies. However, it is important to note that roughly 90% of legacy buildings in developed economies have issues that will require substantial retrofitting.
Smarter Building Data Analytics
Many of the solutions that make buildings smarter involve IoT capabilities. However, data and information systems to enable better decision-making are also critically important. AI may be implemented in conjunction with big data tools to enable enhanced data analytics. Almost Analytics Solutions are good at looking for patterns and unstructured data, supplementing them with AI can provide an additional benefit of learning from experience.
Since enterprise verticals in many different industries rely on buildings for operation, many market segments can benefit. For example, AI algorithms in an office building can learn from the patterns of workers to determine the optimal time to adjust lighting and HVAC. In another example, AI support at healthcare facilities can help with critical care, ensuring that resources are available where they are needed the most based on historical patterns of occupancy and resource allocation.
Integrated Workplace Management Systems
The most efficient and effective smart buildings are those that include an Integrated Workplace Management System (IWMS). An IWMS solution is leveraged to both support a more integrated building control system as well as optimizing the workplace. This includes orchestrating workflow in processes relative to building resources and the environment in terms of things like optimal lighting, heating, and ventilation for workers.
IWMS solutions rely heavily upon IoT technology and data processing for optimal operation. The integration of AI can make these systems more efficient. For example, AI I can assist IWMS solutions in determining the optimal allocation of building resources based on environmental factors, workflow, and the availability and location of personnel and organizational assets. This is particularly useful in a corporate campus environment or university where there are multiple buildings that are often multi-purpose and shared among departments.
Select Report Findings:
- IoT solutions will improve lifecycle cost management for facilities and equipment through more intelligence utilization, maintenance, and predictive replacement
- Enterprise will benefit in general, as will certain management services companies that operate large industrial facilities and equipment such as drives, pumps, cooling towers, and compressors, which are all expensive and utilize significant amounts of electricity
- Intelligent use of IoT technologies will be the key to continuous improvements in the areas of process automation for smart buildings and the overall smart workplace ecosystem
- IoT technologies are also anticipated to facilitate substantial positive revenue improvements within the Commercial Real Estate (CRE) sector, enabling CRE companies to charge higher rents to tenants of IoT-enabled intelligent buildings as well as leverage various capabilities to provide smart workplace solutions
- Smart buildings market sizing from 2019 to 2024
- Market sizing for edge computing in the smart buildings market
- Identify smart buildings market challenges and opportunities
- Understand the smart buildings marketplace including players and solutions
- Identify how key technologies such as AI and IoT support intelligent structures
- Identify how integrated workplace management systems support smart buildings
Key Topics Covered:
1 Executive Summary
2.1 What is a Smart Building?
2.2 Drivers for More Intelligent Buildings
2.2.1 Commercial Real Estate Benefits from Smart Buildings
2.2.2 Smart Buildings Support Smart City Initiatives
2.2.3 Smart Buildings Facilitate a Smarter Workplace
2.3 Smart Building Capabilities
2.3.1 Environmental Controls
2.3.2 Safety and Security
2.3.3 Space and Workflow Management
2.4 DAS, Small Cell, and In-Building Wireless Solution
2.5 Real-Time IoT Analytics
2.6 Smart Building Cost Analysis
2.7 Smart Building Benefits for Enterprise and Residential Building
2.8 5G will Accelerate Smart Building Adoption
3 Smart Building Challenges and Opportunities
3.1 Smart Building Challenges
3.1.1 Need to Retrofit Existing Buildings and Facilities
3.1.2 Barriers towards IoT integration with Smart Buildings
3.2 Smart Building Opportunities
3.2.1 Building Automation Systems Optimize Operations
3.2.2 Leverage Building Operational Data
3.2.3 Leverage Artificial Intelligence
3.2.4 Edge-to-Cloud Services in Smart Buildings
4 Smart Building Organizations and Initiatives
4.1 Building Efficiency Initiative
4.2 Building Smart Alliance
4.1 Build Up
4.2 Automated Buildings Association
4.3 Commercial Real Estate Development Association
4.4 CRE Finance Council
4.1 Intelligent Building Council
4.1 National Institute of Building Science
4.2 Project Haystack
5 Company Analysis
5.1 Abundant Power
5.2 Aeon Labs LLC
5.3 Affinegy, Inc
5.4 Affinity Automation, LLC
5.5 American Auto-Matrix
5.6 American Digitals
5.7 American Energy Management
5.8 AMMAMSIC Technology Corp
5.9 Appin Associates
5.11 Athena Engineering, Inc
5.12 Automated Control Inc.
5.14 Be Home247
5.16 Brandt Automation, Inc
5.17 Building IQ
5.18 Building Robotics
5.19 Cadillac Fairview
5.20 Central Coast Environmental Controls
5.21 Copper Tree Analytics
5.24 Current Analytics, Inc.
5.26 Delta Controls
5.27 Distech Controls
5.28 E.M.S. Technologies
5.29 Eagle Energy, Inc
5.32 EFT Energy
5.33 Elemco Building Controls
5.35 Energy ETC, Inc.
5.38 Enovity, Inc.
5.39 eSight Energy
5.40 Frazier Service Co.
5.41 Genesis Automation
5.43 Hawkeye Energy Solutions
5.44 HomeLink Technologies
5.45 Honda Smart Home
5.46 Horizon Controls
5.48 Hubbell Building Automation
5.49 IBI group
5.50 Ingersoll Rand
5.53 Inter Logix
5.55 J2 Innovations
5.56 KMC Controls
5.57 Lon Mark International
5.58 LowV Systems, Inc.
5.59 Lynx Spring
5.60 Near Future, LLC
5.61 Network and Automation Systems
5.63 NexTek Power Systems
5.65 Phoenix Energy Technologies
5.67 Progressive Engineering & Design
5.68 Ramco Electrical Contracting Corp.
5.69 RBH Access Technologies, Inc.
5.70 Reliable Controls
5.71 Sawyers Control Systems, Inc.
5.75 Sullivan & McLaughlin Companies, Inc.
5.76 Surveillance Grid Company
5.77 Switch Automation
5.78 Synergetic Systems
5.79 Syska Hennessy
5.80 TA Canada (Convergint )
5.81 Taco Comfort
5.82 TE connectivity
5.83 TerraBridge Innovations in Technology, Inc.
5.84 Thermo-Trol Systems, Inc.
5.86 Trend Controls
5.89 United Technologies
5.93 Wind River
5.95 Honeywell International Inc.
5.96 Siemens AG
5.97 Cisco Systems Inc.
5.98 IBM Corporation
5.99 General Electric
5.100 Schneider Electric
5.101 ABB Group
5.102 Johnson Controls
5.104 Accenture PLC
5.105 Ingersoll-Rand Inc.
5.107 Verdigris Technologies Inc.
6 Smart Buildings Market Analysis and Forecasts 2019 - 2024
6.1 Global Smart Buildings Market Forecasts 2019 - 2024
6.1.1 Total Smart Building Market
6.1.2 Smart Building Market by Segment
6.1.3 Smart Building Market by Building Type
6.1.4 Smart Building Market by Deployment Type
6.1.5 Smart Building Market by New vs. Retrofit Building
6.1.6 Smart Building Market by Connectivity Protocol
6.1.7 Smart Building Market by Business Model
6.1.8 Global AI Powered Smart Building Market
6.1.9 Global Edge Computing Enabled Smart Buildings Market
6.1.10 Global 3D Printing in Smart Buildings Market
6.1.11 Global 5G Optimized Smart Buildings Market
6.2 Regional Smart Building Market Sizing 2019 - 2024
6.3 Indoor Wireless Smart Building Market 2019 - 2024
6.3.1 Global Indoor DAS Market in Smart Buildings
6.3.2 Indoor DAS Market in Smart Building Market by Segment
6.3.3 Indoor DAS Market in Smart Building Market by DAS Type
6.3.4 Indoor DAS Market in Smart Building Market by Ownership
6.3.5 Indoor DAS Market in Smart Building Market by Connectivity Technology
6.3.6 Indoor DAS Market in Smart Building Market by Building Type
6.3.7 Indoor DAS Market in Smart Building Market by Region
6.4 Real-Time IoT Analytics Market in Smart Building 2019 - 2024
6.4.1 Global Real-Time IoT Analytics Market in Smart Building
6.4.2 Real-Time IoT Analytics Market in Smart Building by Segment
6.4.3 Real-Time IoT Analytics Market in Smart Building by Building Type
6.4.4 Real-Time IoT Analytics Market in Smart Building by Region
6.5 Asset Tracking Smart Buildings Market 2019 - 2024
6.5.1 Global Asset Tracking Market in Smart Building
6.5.2 Asset Tracking Market in Smart Building by Segment
6.5.3 Asset Tracking Market in Smart Building by Service Type
6.5.4 Asset Tracking Market in Smart Building by Building Type
6.5.5 Asset Tracking Market in Smart Building by Region
7 Conclusions and Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/zcksql
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets