A new white paper from Navigant Research highlights the top 10 trends for the intelligent buildings market in 2017, including the major market issues that are driving investment in intelligent building solutions, as well as the business case and opportunities associated with various intelligent building solution areas. The “10 Trends for Intelligent Buildings in 2017 and Beyond” paper presents insights based on recent Navigant Research syndicated research report findings and ongoing technology investigations.
The promise of revenue growth, improvements in operational efficiency, and meeting corporate sustainability goals are the fundamental drivers that have encouraged the development of the intelligent buildings marketplace. This momentum continues to grow as intelligent building technology becomes more sophisticated and as shifting customer demands, climate change mitigation goals, power reliability concerns, and budget constraints increase interest. According to the new white paper, evolutions in technology, delivery models, and customer demand are building the thrust for the digital transformation of commercial buildings.
“The unyielding pressure to be connected is beginning to transform expectations for how commercial buildings are operated,” says Casey Talon, principal research analyst at Navigant Research. “As a result, 2017 is poised to tip the scales for investment in intelligent building technologies.”
According to the white paper, the rapid deployment of cost-effective data acquisition devices and the integration of IT with traditional building automation and controls are changing the industry of facilities management. With an evolving menu of software analytics and energy management services that leverage data to provide actionable insights for efficiency and optimization, intelligent buildings are becoming dynamic systems to manage energy consumption for efficiency and non-energy business improvements.
The 10 trends are seen in the figure below.
An Executive Summary of the report is available for free download on the Navigant Research website.
* “10 Trends for Intelligent Buildings in 2017 and Beyond” is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in the related press release or the report.
What companies are best positioned to take advantage of these trends?