Smart Buildings

The Global Market for Big Data in Smart Buildings will reach $29 Billion by 2020

Memoori's new research report is an objective assessment of the market for Big Data Software in Smart Buildings over the next 5 years to 2020. Whilst the market for Big Data and Cloud based services in buildings is still nascent, Memoori believes growth in this area will be the most pronounced of all Building Internet of Things technology over the next 5 years. Driven by falling technology costs, more confidence in emerging solutions and improving ROIs; Memoori’s Report - http://memoori.com/portfolio/big-data-smart-buildings-2015-2020/ - predicts that the market will grow from $9.17 Billion in 2015 to $29 Billion by 2020. This represents a Compound Annual Growth Rate of over 33%. The value in the Internet of Things is more in the data than the device. Collecting data from more building services and equipment will provide a much more granular view of exactly how each building is performing. Building equipment manufacturers and providers must start using Big Data Software […]

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Smart Buildings

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Smart Buildings

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