Intelligent building automation software and systems will reach $20.5 billion in North America by 2027

DUBLIN, July 14, 2022 /PRNewswire/ — Added the Global Smart Buildings Market by Technology (AI, IoT, Indoor Wireless), Infrastructure, Solutions (Asset Tracking, Data Analytics, IWMS) and Deployment Models 2022-2027 report ResearchAndMarkets.com Offer.

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Select Report results:

  • Intelligent building automation software and systems will reach $20.5 billion in North America until 2027

  • AI-enabled IoT (AIoT) systems will take IWMS efficiency and automation to a whole new level by 2027

  • Intelligent facility water management systems will represent one $850 million market opportunity at Europe until 2027

  • The post-COVID-19 world will challenge building operations management in terms of public health compliance

  • Facility lifecycle cost management is becoming a key factor in building selection for corporate giants like Amazon

  • Leading solution providers like IBM are transforming the intelligent building landscape by taking a multi-dimensional approach to investment ROI

  • The key to success in the smart building market lies in the intelligent integration of data, systems, processes and assets for corporate and industrial operations

As urbanization leads to smarter cities, buildings are an integral part of a city’s ecosystem, increasingly shaping both the standard of living and the quality of life of residents. Intelligent buildings lead to improved economic efficiency for owners and users as well as more satisfaction, security and well-being of the occupants.

The smart building market consists of warehouses, factories, office buildings and other business, industrial and government structures. Smart structures leverage a variety of interdependent technologies such as artificial intelligence (AI), broadband wireless (including WiMAX, LTE, 5G, and indoor wireless like improvements coming with WiFi Version 6), cloud computing (including edge computing), and the internet of Things (IoT) networks and systems to improve operational efficiency and enable a safer and more productive environment.

Smart Buildings Market is related to Smart Workplaces Market, which includes some major enterprise and industrial automation systems and solutions such as:

The author sees IWMS solutions as critical to the smart building market as business organizations are able to optimize asset utilization, energy consumption, technology deployment, building and infrastructure efficiency, and overall workplace productivity to deliver significant savings in CAPEX and achieve OPEX. The analyst sees the confluence of AI and IoT (AIoT) as having a particularly large positive impact on the market for IWMS solutions.

Main topics covered:

1. Summary

2. Introduction

3 Smart Building Challenges and Opportunities
3.1 Smart Building Challenges
3.1.1 Need for retrofitting of existing buildings and facilities
3.1.2 Barriers to IoT integration with smart buildings
3.2 Smart Building Opportunities
3.2.1 Building automation systems optimize operations
3.2.2 Use building operation data
3.2.3 Use 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 an intelligent alliance
4.1 Structure
4.2 Association of Automated Buildings
4.3 Commercial Real Estate Development Association
4.4 CRE Financial Advice
4.1 Smart Building Council
4.1 National Institute for Building Sciences
4.2 Project Haystack

5 Company Analysis

6 Smart Buildings Market Analysis and Forecasts 2022 – 2027
6.1 Global Smart Buildings Market 2022 – 2027
6.2 Smart Buildings by Market Segment 2022 – 2027
6.3 Smart Buildings Market by Hardware and Infrastructure Type 2022-2027
6.4 Smart Buildings Market by Automation Software and System Type 2022-2027
6.5 Smart Buildings Market by Service Type 2022-2027
6.5.1 Smart Buildings Market by Professional Service Type 2022-2027
6.6 Smart Buildings Market by Building Type 2022-2027
6.7 Smart Buildings Market After New Construction vs. Retrofit 2022-2027
6.8 Smart Buildings Market by Business Model 2022-2027
6.9 Smart Buildings Market by Connectivity Protocol Type 2022-2027
6.10 AI-Powered Smart Buildings Market 2022-2027
6.11 Edge Computing Enabled Smart Buildings Market 2022 – 2027
6.12 3D Printing in Smart Buildings Market 2022-2027
6.13 5G in Smart Buildings 2022 – 2027
6.14 Regional Smart Buildings Market 2022-2027

7 Conclusions and Recommendations

companies mentioned

  • ABB Group

  • Plenty of power

  • Accenture PLC

  • Aeon Labs LLC

  • Affinegy, Inc

  • Affinity Automation, LLC

  • American Auto Matrix

  • American digital

  • American Energy Management

  • AMAMSIC Technology Corp.

  • Analytikia

  • Appin partner

  • Asdomotica

  • Athena Engineering, Inc.

  • Automated Control Inc.

  • trainee

  • be at home247

  • Belimo

  • Brandt Automation, Inc.

  • Building IQ

  • build robotics

  • Cadillac Fairview

  • Environmental controls on the Central Coast

  • Cisco Systems Inc.

  • copper tree analysis

  • Crestron

  • CSR

  • Current Analytics, Inc.

  • Cylon

  • Delta control

  • Distech controls

  • EMS Technologies

  • Eagle Energy, Inc

  • EATON

  • Ecova

  • EFT Energy

  • Elemco building controls

  • energetic

  • Energy ETC, Inc.

  • EnergyCAP

  • EnerNOC

  • Enovity, Inc.

  • eSight Energy

  • Frazier Service Co.

  • General Electric

  • Genesis Automation

  • GridPoint

  • Hawkeye Energy Solutions

  • hitachi

  • HomeLink Technologies

  • Honda smart home

  • Honeywell International Inc.

  • horizon control

  • HTNG

  • Hubbell building automation

  • IBI group

  • IBM Corporation

  • Ingersol Rand

  • Ingersoll Rand Inc.

  • Inncom

  • Intellastar

  • InterLogix

  • intermatic

  • J2 Innovations

  • Johnson Controls

  • KMC controls

  • Legrand

  • LonMark International

  • LowV Systems, Inc.

  • Lynx spring

  • Near Future, LLC

  • Network and automation systems

  • NEXIA

  • NextTek power systems

  • OM

  • Phoenix Energy Technologies

  • Private

  • Advanced Engineering & Design

  • Ramco Electrical Contracting Corp.

  • RBH Access Technologies, Inc.

  • Reliable Control

  • Sawyer’s Control Systems, Inc.

For more information about this report, visit https://www.researchandmarkets.com/r/rkzaqy

Media contact:

research and markets
Laura WoodSenior managers
press@researchandmarkets.com

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