ESG

Our latest analysis indicates that the Internet of Things market in Smart Commercial Buildings (BIoT) grew to $53.5 billion in 2022, representing a 13% rise from 2021. Performance was slightly down from our forecast of 13.8% for the year due to several factors, including a slower-than-anticipated overall economic recovery, a lack of chipsets, and disrupted […]

As the world grapples with the profound impact of the COVID-19 pandemic, the commercial real estate (CRE) sector finds itself at a pivotal moment. The unprecedented shift towards remote and hybrid work has left businesses questioning the traditional office space model, and the CRE market is now compelled to innovate or risk obsolescence. Our new […]

Three years ago, much of the world was in lockdown and the ‘great remote working experiment’ had begun. Today, firms continue to announce permanent remote/hybrid work policies and most experts agree that the global pandemic dramatically accelerated the evolution of work. This rapid shift has caused a steep decline in the demand for physical office […]

Like many emerging technologies, the Internet of Things (IoT) has taken us on a rollercoaster of hype as it promises to fix every problem, and reach every corner of society —as a result, forecasts on IoT proliferation have varied widely over recent decades. However, our latest IoT research now shows an increasingly stable consensus emerging […]

This Research Note highlights our analysis of funding levels raised by smart building established players and startups in 2022 from venture capital firms, private equity and strategic investors. Memoori has seen an 11% decrease in investment values compared to the record level of over $12 billion in 2021. Investment in the smart buildings space in […]

In an undated blog published just before the December holiday break, Infogrid announced a restructuring, making a significant number of roles redundant in the process. The letter from Infogrid founder and CEO, William Cowell de Gruchy written to his team members confirms that the company would be “saying goodbye to a significant number of passionate […]

Willow, the Australian provider of digital twin solutions for infrastructure and real estate, lays off 99 staff, 22% of its workforce on 24th December 2022, following a recent recalibration of company strategy. 72 full-time employees as well as 27 contractors have been laid off, with Australian employees reported to account for around 50% of the […]

This Research Note examines the emerging strategic priorities of CBRE Global Workplace Solutions (GWS) in the smart commercial buildings space. We have mapped M&A, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the business, by categorizing the various business relationships by technology and investment type over a 3-year period between January 2020 and November 2022.  […]