The Future of Smart Buildings—Top 10 Growth Opportunities in the Global Building Automation Market
Growth Strategies Fueled by Accelerated Integration of Health, Safety, and Security Features in Response to the COVID-19 Pandemic
04-Feb-2021
Global
Market Research
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The global building automation market has been experiencing an upswing during the last few years driven by increasing awareness about building optimization, energy efficiency, smart and green advancements, and the rise of smart city initiatives. The 2020 COVID-19 pandemic, however, has both accelerated the need for building automation systems and created many questions among market participants that were not prepared for the enormous change in dynamics, change that stretches beyond technological advancements. Frost & Sullivan recognizes a paradigm shift occurring across the entire global building technology market that is directly impacting product offerings, competitive landscapes, distribution channels, and business models.
This analysis explores how the global building automation market is evolving and discusses what market participants can do to surge ahead in this rapidly changing, competitive arena. The post-pandemic era will present a new reality with several significant growth opportunities for companies that are open to tapping into the transformation. Frost & Sullivan has identified the top 10 market growth opportunities that hold the key for unlocking market transformation in the short-to-medium term. Each identified growth lever includes a discussion of key context and prospects, along with a call to action. Market participants that capitalize on these opportunities will gain an early-mover advantage and strong competitive edge.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top Three Strategic Imperatives on the Building Automation Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Building Automation Market Scope of Analysis
Building Automation—Evolution Toward Intelligent Solutions
Key Growth Metrics for Building Automation Market
Key Growth Metrics for Building Automation Market (continued)
Growth Drivers for Building Automation Market
Growth Restraints for Building Automation Market
Revenue Forecast, Building Automation Market
Revenue by Region, Building Automation Market
Revenue Share, Building Automation Market
Growth Opportunity 1—Digital Twinning
Growth Opportunity 1—Digital Twinning (continued)
Digital Twin and Smart Buildings
Digital Twinning—Use Cases
Growth Opportunity 2—Crowd Analytics
Growth Opportunity 2—Crowd Analytics (continued)
Crowd Analytics
Growth Opportunity 3—Indoor Air Quality Monitoring
Growth Opportunity 3—Indoor Air Quality Monitoring (continued)
IAQ Monitoring—Case Study
Growth Opportunity 4—Touch-free Operation
Growth Opportunity 4—Touch-free Operation (continued)
Growth Opportunity 5—AI and Prescriptive Maintenance
Growth Opportunity 5—AI and Prescriptive Maintenance (continued)
AI-powered Building Optimization Solutions to Drive Sustainability in Buildings
Predictive to Prescriptive Maintenance
Prescriptive Maintenance
Growth Opportunity 6—Real-time Cloud Visualization
Growth Opportunity 6—Real-time Cloud Visualization (continued)
Cloud Networking as an Enabler of Smart and Connected Communities
Disruptive Scenarios—Role of IoT in Intelligent Cloud Networking
Cloud Interconnectivity—The New Era of Networking
Growth Opportunity 7—Edge Computing Architectures
Growth Opportunity 7—Edge Computing Architectures (continued)
Growth Opportunity 8—Integrated Ecosystem
Growth Opportunity 8—Integrated Ecosystem (continued)
Growth Opportunity 9—Horizontal Platforms
Growth Opportunity 9—Horizontal Platforms (continued)
Growth Opportunity 10—Cybersecurity
Growth Opportunity 10—Cybersecurity (continued)
List of Exhibits
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