PropTech
Open Standards: An Essential Basic Guide to Smart Building Interoperability 2025
April 17th, 2025Nemetschek’s 2025 Strategy: Analyzing Spacewell’s Market Position
April 16th, 2025
CarbonQuest Aiming to Reduce Building CO2 Emissions with Carbon Capture
In this Research Note, we examine CarbonQuest, a US startup that has developed a decarbonization solution that captures CO2 from buildings before it is emitted to the atmosphere. CarbonQuest Profile Founded in 2015, CarbonQuest, (formerly NextWatts, Inc.) is headquartered in Spokane, Washington with a commercialization team in New York City. The startup has developed a […]

Trends Powering the Smart Building Market to 4Bn IoT Devices by 2030
The growth of IoT devices being deployed in commercial buildings remains strong in 2025, driven by declining hardware costs, enhanced wireless connectivity, increased demand for energy efficiency and operational automation, as well as the rising capabilities of edge computing. Data from our latest study indicates that the installed base of IoT devices in commercial buildings […]

Schneider Electric Shows Strong Growth in the Data Center Infrastructure Market
In this Research Note, we examine the Data Center business of Schneider Electric, based on their 2024 Full Year Results, Presentation, and Earnings Call of 20th February 2025. We also highlight previous acquisitions and growth for this key vertical, before assessing the competitor landscape and ranking of the major building infrastructure suppliers in the data […]

Airthings Indoor Air Quality Business & 2024 Financials Examined
In this Research Note, we examine Airthings ASA, a Norwegian public company focused on indoor air quality sensing. This analysis highlights their Q4 and Full Year 2024 financial report, including financials for their operating segments offering consumer devices and air quality solutions to schools, offices and other commercial buildings. Airthings Profile Airthings produces IoT devices […]

#Podcast 36: How a UK Electronics Vendor Grew Export Sales to Over 40%!
How did a UK electronics vendor successfully expand globally, compete against industry giants, and grow exports to over 40% of their business? In this podcast episode, John Davies, former Managing Director of TDSi, reveals some strategies that transformed a regional Access Control vendor into an international player. In our Podcast series “Sh*t You Wish Your […]

Consolidation in the Smart Buildings Startups Space 2024
Based on analysis from our latest research, Startups in Smart Buildings 2025, we examine M&A activity in the commercial buildings startups space. PitchBook has reported that M&A activity across all sectors in 2024 increased by 14% in volume and 19% in value YoY. In fact, deal activity reached its highest annual count ever, finishing with […]

Smart Building Startup Investment Reached $6.9Bn in 2024
Our new research shows that funding from venture capital, private equity, and corporate backers for smart building startups reached $6.9 billion in 2024, the 3rd highest year in value since 2015. This funding was spread across 279 funding rounds, a 17% increase on 2023. We identified 1,331 startups founded since 2013 in the management and operations […]

Smart Spaces Building OS & Workplace App Business Examined
In this Research Note, we examine Smart Spaces, a UK-based vendor of smart building software for commercial real estate. We take an in-depth look at the origins of the firm, it’s deployments, and growth aspirations. Smart Spaces Origins Smart Spaces was established in 2010 as D2 Interactive Ltd, founded by Dan Drogman and his brother […]