Many envision reduced energy use and costs as the latest innovations for smart buildings. However, the concern now has shifted to the health and well-being of the users. This has rekindled an interest in smart building solutions as businesses look toward the betterment of their workspace for the employees who are being called back to work after the COVID pandemic has died down.
On this note, the global smart building solutions market is expected to reach $121.6 billion by 2026, according to most recent market estimates. The analysis also predicts that growth will take place at a CAGR of 10.9 percent during this period. IoT-enabled building management systems (BMS) increase industry standards for buildings and are one of the driving factors in the smart building solutions market. They make use of data generated by sensors to increase building performance efficiency and enhance user experience. Another factor boosting smart building solutions is the increased demand for AI-driven energy-efficient systems.
To put the spotlight on such key developments in the industry, PropTech Outlook illustrates how companies are leveraging the latest technologies to augment smart buildings and meet the expectations of businesses. The edition features thought leadership articles from Katie Campbell, Vice President of Technology, Landmark Properties, who sheds light on the advances in visitor management systems, and Jeff Stott, SVP Information Technology, Extra Space Storage, who discusses prevalent ideas in proptech.
In this edition of PropTech Outlook, we also bring you the stories of some of the top smart building solution providers that deliver the best smart building solutions for their clients. The list includes SkyFoundry, which stands out for its IoT device management platform that addresses challenges with the cross-compatibility of smart equipment in smart building operations.
We hope this edition assists you in finding the appropriate smart building solution provider that will deliver innovative solutions to upgrade your buildings with a futuristic touch.
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