Smart Buildings

The Occupancy Analytics Market has Huge Potential but there are Barriers to Overcome

The occupancy analytics market in commercial office space achieved systems sales of $1.54 Billion in 2017, and could rising to $4.60 Billion by 2022, growing at a robust rate of 24.5% CAGR - according to our latest report: Occupancy Analytics & In-Building Location Based Services 2017 to 2022. However, it will not be all plain sailing for occupancy analytics vendors, or building owners and operators seeking to adopt these technologies. The sheer variety of different technologies competing for a space can be confusing and this fragmentation is a point brought up by experts across the industry. In summarizing their 2015 report on commercial applications of indoor location and positioning solutions, Rosen, an analyst for Opus Research stated that, "if anything is going to delay implementation of engagement-based indoor positioning it is not going to be a lack of technology solutions, but sorting through the many alternatives." According to surveys included our report, security and privacy […]

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