The Future of Smart Buildings—Top 10 Growth Opportunities in the Global Building Automation Market

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

RELEASE DATE
04-Feb-2021
REGION
Global
Research Code: PABE-01-00-00-00
SKU: EN01237-GL-MT_25229
$2,450.00
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$2,450.00
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Description

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.

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Table of Contents

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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Related Research
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.
More Information
No Index No
Podcast No
Predecessor not applicable
Author Viswesh Vancheeshwar
Industries Environment
WIP Number PABE-01-00-00-00
Is Prebook No
GPS Codes 9343-A4,GETE