Wireless Sensors for Commercial Buildings

Wireless Sensors for Commercial Buildings

Wireless Sensors for Commercial Buildings

Report
Format: PDF
Published year: 2016
Publisher: Navigant Research
Language: English
Pages: 16

Summary

As information and operational technologies converge, intelligent building solutions that provide actionable insight using data-driven tools are gaining traction in the market. Because the intelligent building is reliant on creating a data-rich environment, sensors play a crucial role in facilitating these solutions. Sensors capture, communicate, and may even analyze energy and operational data. The resulting useful information will direct fundamental changes in operations that lead to energy efficiency improvements with substantial cost savings. In addition to sensing technologies, wireless connectivity provides greater flexibility for sensors and amplifies the benefits of intelligent building solutions. Wireless communications allow easy connection to larger networks that can increase the number of connected devices. These devices enable more granular control over building systems while avoiding many of the challenges involved with running traditional cabling to support communications and power. The infrastructure that gathers and transmits data to deliver actionable insight is referred to as the Internet of Things (IoT). Wireless sensors can help deliver holistic and comprehensive insights into operations across systems within this secure, scalable, and open infrastructure. According to Navigant Research, wireless sensor revenue is expected to grow from $188.2 million in 2016 to $745.2 million in 2025. This Navigant Research report analyzes the global market for advanced wireless sensors. The study examines how drivers and barriers for intelligent building development affect the wireless sensor market. Global market forecasts for revenue, segmented by region and customer type, extend through 2025. The report also examines how wireless sensors help deliver business value through connectivity and profiles key industry players.
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