Business Strategy: Global Smart Buildings 2014-2018 Forecast

  • Mar 2014
  • By IDC
  • 9 pages

Business Strategy: Global Smart Buildings 2014-2018 Forecast

  • Mar 2014
  • By IDC
  • 9 pages

This IDC Energy Insights report provides updated projections of investment in smart building solutions globally. After several years of slower-than-expected growth, the market is expected to grow rapidly as there is increasingly broad market awareness of the business values generated by deploying smart building solutions. This global smart buildings forecast projects spending to grow from $6.3 billion in 2013 to $21.9 billion in 2018 (a 28.4% CAGR).

"As businesses recover following the Great Recession, building owners continue to focus on managing their operational energy costs and risks. Often, gathering building data is not the issue; rather, combining, interpreting, and prioritizing that data is becoming the key challenge. Smart building solutions are valuable technologies for deploying energy management strategies that generate operational efficiencies, cost containment, and sustainability benefits that appeal to key stakeholders across the chain of command in building management," said Jill Feblowitz, vice president, IDC Energy Insights.

Table of Contents

IDC Energy Insights Opinion

In This Study

What Is a Smart Building?

Methodology

Situation Overview

The Approach

Solution Components

Technology Infrastructure

Smart Building Vendors

Future Outlook

Forecast by Region

Forecast by Solution

Essential Guidance

Actions to Consider

Learn More

Related Research

Synopsis

Table: Worldwide Smart Building Technology Spending by Region, 2013-2018 ($M)

Figure: Smart Building Architecture

Figure: Smart Building Solution Architecture

Figure: Worldwide Smart Building Technology Spending by Region, 2013-2018

Figure: Worldwide Smart Building Technology Spending by Solution, 2013-2018