IoT Platform
Trade Tensions in 2025: Smart Building Market Fragmenting?
May 21st, 2025Samsung Acquires FläktGroup for €1.5Bn in Significant HVAC Deal
May 16th, 2025
BIoT Market: The Forces Driving Growth to $101 Billion by 2030
The global market for the Building Internet of Things (BIoT) in commercial buildings is projected to expand from $64.1 billion in 2024 to $101.0 billion in 2030, representing a CAGR of 7.87% over the forecast period under the baseline scenario, according to our latest research. These new forecasts demonstrate the resilience of BIoT development in […]

IoT Platforms in 2025: Market Trends Reshaping Commercial Building Technology
As commercial buildings transform into responsive, data-driven environments, IoT platforms have emerged as the critical orchestration layer connecting previously isolated systems into unified networks. Our new report, “IoT Platforms in Smart Commercial Buildings 2025 to 2030,” delivers actionable intelligence on this rapidly evolving ecosystem. Market Growth Accelerated by Converging Drivers The total global market for […]

Otis Targets 60% Connectivity by 2026: IoT Platform Analyzed
This Research Note examines the digital service offerings of Otis, the world’s leading elevator and escalator manufacturing, installation and service company. We highlight the group’s strategic initiatives in digitalization, including the ONE IoT platform. This article is based on their Investor Day presentation, 2024 Annual Report, an interview with Judy Marks, CEO, 18th April 2025, […]

Mapping the Strategic Direction of CBRE in Smart Buildings 2024
This Research Note examines the emerging strategic priorities of CBRE, one of the largest real estate service providers in the smart buildings space. We have mapped acquisitions, strategic partnerships, and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type. This article is intended […]

How have Tech Job Losses Impacted the Smart Buildings Space? Part 1: BIoT Platforms
In this Research Note, we examine trends in job losses in the smart buildings startup space. The analysis is based on LinkedIn headcount reduction data over the past two years and our own compilation of statistics relating to startups undergoing redundancies, restructuring and downsizing. We have highlighted 8 examples of job losses in the BIoT […]

View Smart Building Platform Business and 2022 Financials Examined
In this Research Note, we examine View, Inc, the US smart building platform and windows business, based on 2022 financial results, investor presentations, 10K Annual Report, SEC filings and recent press releases. On 27th March 2023, the View Board of Directors approved a restructuring plan to reduce structural costs. The company expects to decrease overall […]

Johnson Controls Invests in Artisight, an IoT Platform Provider for Smart Hospitals
JCI Ventures, the corporate venture capital arm of Johnson Controls, led a $2 million investment in Artisight on 30th April 2022, according to PitchBook. Based in Glenview, Illinois, USA, formerly known as Whiteboard Coordinator, Artisight positions itself as a provider of “the operating system for smart hospitals”. The Artisight name reflects the company’s goal of providing a digital sixth sense — […]

The Global Pandemic Highlighted the Value of Building IoT Technology
Our new report takes an in-depth look at the market for IoT technologies in commercial buildings (BIoT), at a time when the ‘digital divide’ in real estate has never been so distinct. The global pandemic demonstrated the value of technology to deliver more resilient and efficient business operations. For example, the digital ‘have nots’ faced situations […]