Smart Buildings

The Global Market for the Internet of Things in Commercial Buildings will Grow to $75.5Bn by 2021

We have released a new report today entitled The Internet of Things in Smart Commercial Buildings 2016 to 2021. The report focuses on market sizing analysis and a comprehensive assessment of the competitive landscape. It also provides crucial insights and detailed analysis of the technology enablers, drivers and barriers shaping the market. We project that the combined global market for the Internet of Things in Buildings (BIoT) will grow significantly over the forecast period, rising from $23.5Bn in 2015 to $75.5Bn by 2021, at a CAGR of 20.7%. This is an exciting time for Smart Commercial Buildings as Internet of Things (IoT) technology converges with Building Automation Systems to create the Internet of Things in Buildings (BIoT). This development is set to fundamentally change the way we interact with the built environment and will create huge opportunities for the most forward-thinking players in the sector. Of the 4 markets that make up the BIoT, Enablement […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $200 per year per user (just $17 USD per month) for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 1,700 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

We have released a new report today entitled The Internet of Things in Smart Commercial Buildings 2016 to 2021. The report focuses on market sizing analysis and a comprehensive assessment of the competitive landscape. It also provides crucial insights and detailed analysis of the technology enablers, drivers and barriers shaping the market.

We project that the combined global market for the Internet of Things in Buildings (BIoT) will grow significantly over the forecast period, rising from $23.5Bn in 2015 to $75.5Bn by 2021, at a CAGR of 20.7%.

This is an exciting time for Smart Commercial Buildings as Internet of Things (IoT) technology converges with Building Automation Systems to create the Internet of Things in Buildings (BIoT). This development is set to fundamentally change the way we interact with the built environment and will create huge opportunities for the most forward-thinking players in the sector.

Of the 4 markets that make up the BIoT, Enablement and Connectivity related services will be the early winners as companies struggle to develop telecoms infrastructures / bandwidth that can handle the increasing volumes of data they are generating. As these elements become more commoditized, an increasing proportion of BIOT revenue will come from Big Data & Cloud Based Software & Services; growing at a CAGR of 26.3% to $32Bn by 2021.

About the Report - Starting at only $1,500 USD with 222 pages and 61 charts & tables, The Internet of Things in Smart Commercial Buildings 2016 – 2021 report filters out all the important conclusions, supported with facts, as to what is shaping the future of the Smart Buildings industry. You can learn more at the reports website; http://memoori.com/portfolio/internet-things-smart-commercial-buildings-2016-2021/

[contact-form-7 id="3204" title="memoori-newsletter"]

Most Popular Articles

Complimentary Article AI Interface Commercial Buildings
Smart Buildings

Recording: AI as an Interface for Commercial Buildings

Here is the recording and presentation from our live stream with Jonathan McFarlane from PlaceOS discussing how AI Large Language Models (LLMs) will change the way we interact with our buildings. The future of building system user interfaces is not dashboards! Artificial Intelligence, and specifically LLMs, will change commercial building system interactions from “point & […]

Matterport Costar Acquisition
Smart Buildings

What’s Behind the Acquisition of Matterport by CoStar?

In this Research Note, we examine what’s behind the Costar acquisition of Matterport, the US digital twin business founded in 2011. This analysis is based on Matterport’s investor presentation 20th February 2024, 10K Annual Reports, and recent press releases. CoStar Business Founded in 1987, CoStar Group is a $2.5 billion revenue company, operating some of […]

AI Commercial Buildings 2024
Smart Buildings

Mapping the Global Landscape of AI in Commercial Buildings 2024

The artificial intelligence (AI) landscape in commercial buildings is rapidly evolving. Significant growth in the number and size of companies offering AI-enabled products and services in commercial real estate has been growing around the world in recent years. The private sector has seen a sharp rise in AI development and with that, the number of […]

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