Sensors play a crucial role in facilitating intelligent building solutions
A recent report from Navigant Research examines the global market for advanced wireless sensors, including how drivers and barriers for intelligent building development affect the market, with forecasts for revenue, segmented by region and customer type, through 2025.
Wireless sensors help deliver holistic and comprehensive insight into operations across systems within this secure, scalable, and open infrastructure. From tablets to thermostats, the expansion of wireless devices has translated to an increased acceptance of wireless communications that can also be applicable in commercial buildings. Click to tweet: According to a recent report from @NavigantRSRCH, wireless sensors are expected to account for 23 percent of the total advanced sensor market by 2025.
“Sensors are gathering and transmitting more data sets around facility use and system performance than ever before, facilitating various technology developments and trends in the buildings space,” says Christina Jung, research associate with Navigant Research. “In this context, wireless sensors represent the convergence of advances in miniaturization, wireless connectivity, increased data storage capacity, and batteries.”
Buildings with significant turnover or anticipated pace changes (such as retail or office buildings) are likely better candidates for wireless systems due to the ease in moving sensors, according to the report. The current wireless sensor market penetration remains limited; however, there are opportunities for investment and growth, and targeting the right type of buildings will be essential for success in the wireless sensor market.
The report, Wireless Sensors for Commercial Buildings, 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. An Executive Summary of the report is available for free download on the Navigant Research website.
Contact: Lindsay Funicello-Paul
* The information contained in this press release concerning the report, Wireless Sensors for Commercial Buildings, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.