Commercial Building Automation and Security: driven by its ability to reduce energy costs and increase safety
The adoption of Building Automation Systems is being driven by the desire of businesses and homeowners to reduce their energy costs together with government-led incentives promoting energy efficiency as part of a green agenda. Automated control over HVAC and lighting systems lie at the heart of building automation in large part due to these areas offering the greatest potential for cost saving.
This Application Spotlight provides a qualitative and quantitative analysis of the IoT market related to Building Automation in business, commercial and industrial premises, including Heating, Ventilation and Air Conditioning (HVAC), control panels, lighting, smart switches, and in-building transportation such as elevators and escalators. It provides a definition, description, analysis of drivers and barrier, and high level forecasts for growth in connections, technology split and revenue opportunity.
For a full set of country-by-country forecasts, refer to the IoT Forecast Database.
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