Market Research Report
Market Data - IoT for Smart Buildings - Hardware, Software and Services for Intelligent Buildings: Global Market Analysis and Forecasts
|Published by||Guidehouse Insights (formerly Navigant Research)||Product code||961552|
|Published||Content info||27 Pages; 24 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data - IoT for Smart Buildings - Hardware, Software and Services for Intelligent Buildings: Global Market Analysis and Forecasts|
|Published: September 18, 2020||Content info: 27 Pages; 24 Tables, Charts & Figures||
The Internet of Things (IoT) for smart buildings market is under strain from the coronavirus pandemic, as are many sectors. The amount of expected spending has fallen off. Facilities owners and operators have reduced budgets in the face of tenant failures and lingering uncertainty around when and how commercial spaces will reopen for business.
However, the market has staying power. IoT technologies are useful for certain building categories that house organizations meeting the definition of essential. For example, warehouses have been busy, and IoT solutions can help with asset tracking. In healthcare, the pandemic has created urgency for tracking assets and monitoring patients to keep them at safe distances as they access medical services. As building owners and managers plan for reopening facilities, IoT solutions are an enabling tool to create smarter office, retail, and educational spaces.
This Guidehouse Insights report has been prepared for IoT and smart buildings market stakeholders with analysis and forecasts of how the market is likely to evolve during the next 10 years. The study provides analysis of the market opportunities, key drivers of growth, and technology trends associated with the evolving IoT for smart buildings trend. The report's purpose is to provide a strategic examination from an overall tactical business perspective. Market forecasts and revenue for annual IoT device unit shipments, software, and services extend through 2029 and are segmented by region and technology segment.