Frost Radar: Smart Building Sensors, 2025

A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines

The IoT-enabled smart building sensors market is poised for accelerated growth, driven by transformative technologies, sustainability imperatives, and data-driven automation. Emerging companies are leveraging AI, machine learning, and IoT to develop next-generation smart building sensors that enhance operational efficiency, predictive maintenance, and occupant well-being.

The convergence of sensor fusion, cloud-based analytics and AI-driven optimization is enabling buildings to transition from reactive to proactive management, reducing operational costs and improving real-time decision-making. Investment in digitized maintenance capabilities is creating new revenue streams for vendors, as predictive analytics and performance optimization services become premium offerings for large buildings exceeding 50,000 square feet. The emphasis on healthy buildings, particularly in Asia, North America, and Europe, is accelerating demand for indoor air quality (IAQ) monitoring, compliance tracking, and smart HVAC solutions, with LEED, WELL, Fitwel, and RESET certifications gaining prominence.

With global sustainability goals and decarbonization mandates intensifying, climate-smart solutions are an important driver of smart building sensor adoption. Energy-efficient, low-power wireless sensors embedded with ML algorithms are empowering facility managers to achieve real-time energy optimization and compliance monitoring, while integrated smart building platforms are ensuring seamless data exchange across disparate systems.

This Frost Radar™ analyzes top IoT innovators in the smart building sensors market, focusing on three main categories: General smart building sensor providers catering to multiple applications; IAQ specialists; and people flow and occupancy intelligence specialists. Each category serves a distinct yet interconnected function within smart buildings, contributing to enhancing energy and operational efficiency, optimizing building management, and improving occupant well-being.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.