Smart Buildings

Exploring the Role of Telecoms Firms in the Smart Building Market

An industry that has gradually been growing its influence in the smart buildings market is telecoms, or information and communications technology (ICT). As connectivity specialists, many of the world’s major ICT firms have been utilizing their scale and expertise to gain a foothold in burgeoning markets, including smart buildings, cities, and grids. Telecoms player’s potential role in smart building technology was hyped up during the decade between 4G and the eventual release of 5G technology when the potential for 5G to take over the indoor wireless data market was considered. While that did not fully materialize, the telecom industry has still been busy leveraging its connectivity infrastructure to take a share of the smart buildings market. Almost all major ICT firms have a foot in the door to the smart building market, whether that is a comprehensive suite of proptech services, or a portfolio of smart building partnerships. In this article, we take a look […]

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