Frost Radar™: Smart Building Sensors, 2025
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
05-Jun-2025
Global
Frost Radar
PFSZ-01-00-00-00
EN_2025_33558
$4,950.00
Special Price $4,455.00 save 10 %
The IoT-enabled smart building sensors market is poised for accelerated growth, driven by transformative technologies, sustainability imperatives, and data-driven automation. Emerging companies are leveraging AI, machine learning, and IoT to develop next-generation smart building sensors that enhance operational efficiency, predictive maintenance, and occupant well-being.
The convergence of sensor fusion, cloud-based analytics and AI-driven optimization is enabling buildings to transition from reactive to proactive management, reducing operational costs and improving real-time decision-making. Investment in digitized maintenance capabilities is creating new revenue streams for vendors, as predictive analytics and performance optimization services become premium offerings for large buildings exceeding 50,000 square feet. The emphasis on healthy buildings, particularly in Asia, North America, and Europe, is accelerating demand for indoor air quality (IAQ) monitoring, compliance tracking, and smart HVAC solutions, with LEED, WELL, Fitwel, and RESET certifications gaining prominence.
With global sustainability goals and decarbonization mandates intensifying, climate-smart solutions are an important driver of smart building sensor adoption. Energy-efficient, low-power wireless sensors embedded with ML algorithms are empowering facility managers to achieve real-time energy optimization and compliance monitoring, while integrated smart building platforms are ensuring seamless data exchange across disparate systems.
This Frost Radar™ analyzes top IoT innovators in the smart building sensors market, focusing on three main categories: General smart building sensor providers catering to multiple applications; IAQ specialists; and people flow and occupancy intelligence specialists. Each category serves a distinct yet interconnected function within smart buildings, contributing to enhancing energy and operational efficiency, optimizing building management, and improving occupant well-being.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.
Author: Anirudh Bhaskaran
Adeunis
Airthings
Aranet
ELSYS
Milesight
Pelican Wireless
Pressac Communications
TEKTELIC
VergeSense
Xovis
Frost Radar: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Significance of Being on the Frost Radar
Frost Radar Empowers the CEO’s Growth Team
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Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
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Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. -
Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. -
Growth Pipeline
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Vision and Strategy
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Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
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INNOVATION SCALABILITY
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RESEARCH AND DEVELOPMENT
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PRODUCT PORTFOLIO
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MEGATRENDS LEVERAGE
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CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
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GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. -
BEST PRACTICES
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COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. -
CUSTOMER VALUE
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PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
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The convergence of sensor fusion, cloud-based analytics and AI-driven optimization is enabling buildings to transition from reactive to proactive management, reducing operational costs and improving real-time decision-making. Investment in digitized maintenance capabilities is creating new revenue streams for vendors, as predictive analytics and performance optimization services become premium offerings for large buildings exceeding 50,000 square feet. The emphasis on healthy buildings, particularly in Asia, North America, and Europe, is accelerating demand for indoor air quality (IAQ) monitoring, compliance tracking, and smart HVAC solutions, with LEED, WELL, Fitwel, and RESET certifications gaining prominence.
With global sustainability goals and decarbonization mandates intensifying, climate-smart solutions are an important driver of smart building sensor adoption. Energy-efficient, low-power wireless sensors embedded with ML algorithms are empowering facility managers to achieve real-time energy optimization and compliance monitoring, while integrated smart building platforms are ensuring seamless data exchange across disparate systems.
This Frost Radar™ analyzes top IoT innovators in the smart building sensors market, focusing on three main categories: General smart building sensor providers catering to multiple applications; IAQ specialists; and people flow and occupancy intelligence specialists. Each category serves a distinct yet interconnected function within smart buildings, contributing to enhancing energy and operational efficiency, optimizing building management, and improving occupant well-being.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.
Author: Anirudh Bhaskaran
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Smart building sensors market |
| Keyword 2 | IoT building automation |
| Keyword 3 | Building IoT strategies |
| Podcast | No |
| Predecessor | None |
| WIP Number | PFSZ-01-00-00-00 |