The Brainy Insights Expects the Building Automation and Control Systems Market to Reach US$168.93 Billion by 2028
The global building automation & control systems (BACS) market is anticipated to reach USD 168.93 billion by 2028, at a CAGR of 12.72% from 2021 to 2028. As per the report published by The Brainy Insights, the global building automation & control systems (BACS) market is anticipated to grow from USD 59.96 billion in 2020 […]
First Certified IoT Platform to Combine OCF and Thread Capabilities Offers Significant Step Towards Achieving the Vision of IP-BLIS
Pioneers strong security offering for low power, large area IP-based mesh networks OCF welcomes the certification of the first ever standards-based, low power IoT platform to combine the end-to-end security benefits of Open Connectivity Foundation (OCF) technology and the low power and wide-area coverage advantages of Thread. Its availability creates an unprecedented opportunity for the […]
Omdia Expects Purpose-Driven Smart Homes to Drive Market Size of US$178 Billion in 2025
Despite a turbulent 2020, the smart home market is poised for exceptional growth as the industry aims to bring intelligence to ‘not-so-smart’ smart homes, according to research group Omdia. The expansion beyond traditional retail channels and traditional use cases such as security will be achieved through partnerships and new technologies, ranging from Matter to Wi-Fi/radar […]
Smart Homes, Buildings and Cities: there can be no energy transition without KNX
Yasmin Hashmi provides highlights from the ‘Smart Energy Management with KNX’ panel discussion at the recent Smart Energy Summit, which discusses the importance of KNX in transition from fossil fuel to zero carbon. Managing energy flows in a building has been an area of interest for KNX since its inception. It soon expanded its focus […]
Omdia Forecast Smart Apartment Revenue to Exceed US$9 Billion in 2025
Apartment life is changing, and COVID-19 has accelerated these deviations from the norm. More than ever before, property managers are utilizing the Internet of Things (IoT) to improve operational efficiencies, generate new sources of income and reduce expenses. Meanwhile the tenant experience is being enhanced through connected devices, unified access control and frictionless interactions with […]
Frost & Sullivan Expects Smart Cities to Fuel Growth of Asia-Pacific’s Internet of Things Market
Increasing government focus on smart cities and Industry 4.0 initiatives is driving demand for digital IoT solutions in the Asia-Pacific region, such as eGovernment, public transportation, smart traffic management systems, and smart power grids. APAC IoT market is expected to reach $436.77 billion in revenue by 2026; spending on smart cities accounts for almost one-third […]
Facts & Factors Forecasts Global Demand for Home Automation Market Size Will Reach USD89.6 Billion By 2026
According to Facts and Factors market research report, the Global Home Automation Market size & share revenue is expected to grow from USD 48.7 Billion in 2020 to reach USD 89.6 Billion by 2026, at 11.5% annual CAGR growth during forecast period of 2021-2026. The top market companies profiles included in report with their sales, […]
Transparency Market Research Expects Smart City Development to Bring Immense Growth Prospects for the Building Automation and Control System Market
Smart City Development across Various Countries to Bring Immense Growth Prospects for the Building Automation and Control System Market, Home Healthcare Segment Displaying High Growth Potential – The growing requirement for proper energy management and the increasing urbanization levels will bring immense growth prospects for the building automation and control system market between 2019 and […]
Technavio Forecasts the Building Automation and Control Systems Market Size will Grow by US$17.25 Billion through 2021-2025
The building automation and control systems market is expected to grow by $ 17.25 billion, accelerating at a CAGR of almost 6.15% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the […]
Frost & Sullivan Expects European Home Automation Systems Market to Thrive as Subscription-based Business Models Ease Financial Pressures
Frost & Sullivan analysis finds future growth potential of home automation systems will be energised by innovative business models and sustainability-driven value-added offerings. European Commission’s Push to Modernise Buildings with Energy Efficiency will Boost Demand Frost & Sullivan’s recent analysis on the European home automation systems market finds that innovative subscription-based business models are key […]