MarketsandMarkets Expects the Global Smart Buildings Market to be Worth US$108.9 Billion by 2025
The global smart buildings market is projected to grow from USD 66.3 billion in 2020 to USD 108.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period. The major drivers for the Smart building include the rising adoption of IoT-enabled building management system, rising awareness of space utilization, […]
Business Opportunities: long-term service and maintenance contracts
Professional installer and service engineer, Andy Ellis, focuses on the longevity of KNX systems and explores the benefits of service and maintenance contracts. KNX recently celebrated its 30th birthday. It is remarkable to think that there are KNX installations out there that are decades old, yet are still relevant. Indeed, our service team regularly attends […]
BSRIA Finds Building Automation Controls Market Set to Bounce Back after Hit by COVID-19
BSRIA has updated its forecasts for Building Automation Controls (BACS) based on research into the major global markets. The short- term impact of COVID-19 has been significant, with the global BACS market declining by an expected 10% in 2020 instead of the 4% growth forecasted in March last year. All the major geographical regions have been hit, […]
Futuresource Consulting Looks at How Homes are Slowly Embracing the IoT revolution
Our homes are quickly getting smarter. From smart meters helping us to better manage our energy output to smart security cameras monitoring possible criminal activity, the internet of things is quickly being built around us. By 2024, 47% and 27% of households will own a smart security and monitoring device in North America and Western […]
A Fresh Perspective: three ways that KNX changed my opinion of ‘smart’
By Luke Thomas, Ivory Egg. Until joining Ivory Egg, my idea of a smart home was smart plugs, off-the-shelf ‘intelligent’ lightbulbs, a few clever widgets on my phone and some home assistant speakers dotted about the house. Please feel free to scoff at my ignorance now! Fast-forward a few months and KNX has unravelled this […]
EuropeOn, the European Association for Electrical Contractors, Launches ‘Business opportunities since Covid-19’ Report
Electrical contractors start 2021 with a new study on “Business opportunities since Covid-19” which will be publicly presented on 26 January A new year calls for good resolutions. With this in mind, EuropeOn and its members decided to start the year with a positive perspective, looking at how the massive and lasting change provoked by […]
DALI Alliance joins IP-BLiS to Improve IoT Integration Across Smart Commercial Buildings
Along with BACnet International, KNX Association, OCF, Thread Group and the Zigbee Alliance, the group advocates the use of Internet Protocol as the secure backbone for lighting and building-automation services. The DALI Alliance has joined IP-BLiS, the “IP Building & Lighting Standards” market interest group to support convergence towards using Internet Protocol (IP) transport and security mechanisms to simplify […]
Interview: ABB’s President of Smart Buildings, Oliver Iltisberger, on a comfortable, secure and sustainable future
By Yasmin Hashmi, KNXtoday. ABB and Busch Jaeger have a very long history with KNX. ABB was one of the founding members of KNX Association thirty years ago, and launched its first KNX product three years later. There have been many innovations since. The company‘s products now range from electrical installation with switches, socket outlets, […]
My KNX Store Announces Christmas Trading Info
With the Christmas break fast approaching please find additional information on last order deadlines, office closures and delivery dates below. If you require delivery of a current or upcoming order before Christmas, we advise you contact the My KNX Store team directly. Pre-Christmas Orders: Orders requiring a pre-Christmas delivery must be placed as follows: Out […]
CABA Report Finds Smart Home as a Service Must Address Cybersecurity Challenges
Saturated with smart devices, consumers are frequently turning to experiences that leverage multiple devices and bundle them into distinct service-based ecosystems, says CABA’s Landmark “Smart Home as a Service” (SHaaS) Research Report. The new business model, “Smart Home as a Service,” represents a shift from device-based functions to managed services, and will usher in a […]