Gartner Says Smart Cities Will Use 1.1 Billion Connected Things in 2015
Smart Homes to Lead with 294 Million Connected Things in Use in 2015 Increasing urbanization is putting unprecedented pressure on city mayors to constantly balance the challenge of resource constraints against environmental sustainability concerns. Gartner, Inc. estimates that 1.1 billion connected things will be used by smart cities in 2015 (see Table 1), rising to […]
IHS Expects the Smart Home Energy Management Device Market to Reach US$4 Billion by 2025
According to a recently published IHS (NYSE: IHS) report (Smart Home Energy Management Devices Report – 2015), the global market for demand response-enabled Smart Home Energy Management devices will grow to US$4 billion by 2025. As energy-efficiency mandates and the need to update infrastructure drive interest in smart meters and other smart grid solutions, opportunities […]
Frost & Sullivan Finds Evolution of IoT Lays Foundation for Next-Generation Smart Buildings
Demand for device interconnectivity and common standards for data security, spur cutting-edge innovation in IoT for smart buildings, finds Frost & Sullivan The Internet of Things (IoT) offers smart building participants a game-changing opportunity to provide integrated solutions that maximize operational and energy efficiency, enhance innovation, develop remote services and create valuable insights for end […]
MarketsandMarkets Forecasts Smart Building Market Worth US$36,398.7 Million by 2020
According to a new market research report “Smart Building Market by Building Automation System (Physical Security, BEMS, Building Communication, Parking Management, Plumbing & Water Management, Elevators & Escalators Management), by Application & by Region – Global Forecast to 2020”, published by MarketsandMarkets, the global Smart Building Market will grow from $7260.0 Million in 2015 to […]
Memoori Research Finds Building Automation is Transforming into the Building Internet of Things Creating a U$76Bn Market by 2020
Memoori’s new research report is an objective assessment of how & why Building Automation will evolve into the Building Internet of Things over the next 5 years to 2020. For a quarter of a century the BAS industry has been working hard at delivering full connectivity across all the different building services. They have been […]
Frost & Sullivan ‘Roadmap to a Smart City’ Reveals How Cities Can Create Opportunity Through the Use of Existing Data
Frost & Sullivan whitepaper discusses how open-data initiatives can create innovative programs to implement efficient city services Regional and municipal governments are striving to deliver higher levels of service and public safety, but are challenged with their ability to balance the improvement of existing services while creating new ones. One solution is utilizing the vast […]
Technavio Expects Smart Home M2M Market in Western Europe to Grow at a CAGR of 47% from 2015-2019
The smart home M2M market in Western Europe is expected to grow at a CAGR of 47.11% from 2015-2019, according to a new report from research firm Technavio. The life expectancy of people in Western European countries is higher than that of people in other developed countries. According to the World Health Organization (WHO), the […]
IHS Forecasts Energy Efficiency Improvement Act of 2015 Could Help HVAC Market in USA
The United States Congress, with bipartisan support, has passed a bill titled the Energy Efficiency Improvement Act of 2015. The bill aims to promote energy efficiency in commercial buildings in three ways: By developing a new voluntary energy program within the current Energy Star framework By adopting new regulations for smart grid-enabled water heaters Promote […]
ABI Research Forecasts Smart Home Automation System Revenues Will Reach US$34 Billion in 2020
Global revenues from smart home automation systems will grow at a 21% CAGR between 2015 and 2020, according to ABI Research. North America will account for the lion’s share of the smart home automation system revenues in 2020, contributing close to 46% globally, followed by Europe and Asia-Pacific. “Smart home automation system revenue was primarily […]
TechSci Research Expects US Building Automation & Control Systems Market to Grow at 9% Through 2020
Rising energy costs and stringent regulatory policies to drive US building automation & control systems market through 2020 According to a recently released TechSci Research report, “United States Building Automation &Control Systems Market Forecast & Opportunities, 2020”, the US market for building automation products is forecast to grow at over 9% through 2020. Favorable regulatory […]