Smart building is a solution that transforms an automated building into an intelligent building. It integrates building management systems (BMS) with business systems and provides data analytical tools to all standalone systems to enable the control systems capabilities of making decisions. Smart buildings have automated seamless integration of all the standalone system backed by building Internet of things (BIoT) to make each device intelligent to understand the environment beyond the provided controls and work. Smart buildings can generate analytical reports with the help of analytical tools of cloud or big data to help managers understand the trends and how optimization can be achieved further.
Research analysts forecast the global smart buildings market to grow at a CAGR of 11.67% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global smart buildings market for 2017-2021. To calculate the market size, the report considers the new installations, sales, value, retrofit, replacement, aftermarket services.
The market is divided into the following segments based on geography:
Research report, Global Smart Buildings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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