Smart Buildings

North America Leads the Way for Cyber Security in Smart Commercial Buildings

The North American market is the dominant global force in cyber security for smart commercial buildings, according to our latest report: Cyber Security in Smart Commercial Buildings 2017 to 2021. The report’s comprehensive regional revenue analysis showed that the US represented almost half (47%) of global revenues for cyber security in smart commercial buildings in 2016 with just over $2 Billion in annual revenues. In a distant second place, Europe represents just 23% and around half the sales of North America at $1 Billion, then followed by Asia Pacific and the Rest of the World – and there are very few signs that this will change. “The North American region will continue to dominate the overall picture through 2021, but its overall share of global revenues will fall slightly to 44%, as faster growth, particularly in the Asia Pacific region (18.2% CAGR) and Rest of the World region (17.4%) begin to make their mark,” the […]

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