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 commercial building use cases has mushroomed. The market for AI in commercial buildings is now starting to take shape, as outlined by our latest competitive landscape study. Our research identified 361 companies offering AI and machine learning solutions for commercial buildings, a 42% increase from the 255 companies revealed in our 2021 study. Hosting 173 of those companies, the Americas region accounts for almost half (47.9%) of the market, largely from the US, which alone represents 44% of the global total with 159 AI companies. “US dominance can be attributed to several factors, including a mature and extensive commercial real […]