Smart Buildings

The IoT in Smart Buildings – Market Prospects In The Age Of COVID19

The publication of our new IoT report comes at a time of unprecedented challenge for society. As March of 2020 progressed, it became increasingly obvious, that the rapid spread of COVID19 would go on to pose major challenges to all aspects of how we live and work. The Built Environment will play a huge part in how we rise to meet these challenges. Fundamental changes to user interactions between commercial buildings and society will need to be supported by new technology solutions, that help maintain hygiene, facilitate social distancing, and maintain building user’s confidence in their places of work. The role of Smart Building Technologies in helping to mitigating the negative impacts of COVID19 is investigated fully in this report. Challenges driven by the COVID19 crisis will make 2020 a tough year for IoT in smart commercial buildings market (BIoT), and we predict a drop in revenues compared to 2019. However, over our forecast period […]

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