Smart Buildings

The Artificial Intelligence Market in Commercial Buildings

Here is the recording and presentation from last’s week livestream discussing our new research which explores the growing role that Artificial Intelligence is playing within commercial buildings.

Our new market analysis looks at the progress that has occurred both in the capabilities of Artificial Intelligence broadly and its specialized applications enabling smarter, more sustainable, and more responsive buildings.

The Market for Artificial Intelligence in Commercial Buildings 2024!

The report is the first in a 2-part series of reports, with the second focussing on the Artificial Intelligence market landscape being published later this year. Both these reports are included in our 2024 Premium Subscription Service, which also gives access to our chatbot AIM, where you can query all our research using the power of Large Language Models (LLMs).

The Artificial Intelligence Market in Commercial Buildings

Where are we on the journey towards “truly cognitive buildings”? Today’s commercial building technology is transitioning away from rules-based analytics towards Artificial Intelligence predictive machine learning models but adoption remains at modest levels. Real-world deployments remain narrow in scope driven by the more well-understood use cases around energy optimization, space utilization, and security.

Through extensive analysis, we have mapped out 66 distinct Artificial Intelligence use cases spanning 12 key domains where solutions are actively being developed and commercialized for smart buildings. These encompass a diverse range of potential benefits from driving sustainability and energy efficiency to security enhancements and more tailored occupant experiences.

Billions of dollars are being invested by Big Tech in an AI Arms Race. The commercial buildings industry stands on the cusp of significant advancements, driven by Artificial Intelligence’s potential to enhance operational efficiencies, improve occupant experiences, and contribute to sustainability goals. As Artificial Intelligence technologies become more accessible, commercial real estate stakeholders must navigate these developments strategically to harness Artificial Intelligence’s full potential.

Artificial Intelligence Market Commercial Buildings

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular Articles

SPIE
Energy

SPIE Technical Facility Management Business 2024 Examined

This Research Note examines the French public company, SPIE and its focus on building solutions, which is one of four strategic markets that the group addresses in central and northern Europe. This article covers the Group’s fields of expertise, its development since 2013 through platform and bolt-on acquisitions and its expansion in the Netherlands, based […]

Infogrid Acquicore Lawsuit
Smart Buildings

Infogrid Faces Lawsuit over 2022 Acquisition of Aquicore

Established in 2018, UK-based smart building firm Infogrid quickly made a splash in the market, picking up a range of high-value customers including banks, supermarkets, and restaurant chains, as well as the UK’s National Health Service (NHS) during the peak of the global pandemic. The firm has attracted $135.5m in investment (including debt financing) from […]

IWMS Spacewell Nemetshek 2023
Smart Buildings

Spacewell Smart Buildings Business & Financials 2023 Examined

In this Research Note, we examine Spacewell, part of the Manage segment of Nemetschek, which provides software for the management and operations phase in the building lifecycle. This article is based on their 2023 annual results, investor presentations, Annual Report of the parent company, published on 21st March 2024 and the group’s strategy in the […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

Please enter a valid email

Please enter your name

Please enter company name

By signing up you agree to our privacy policy