Home building technology companies are increasingly embedding artificial intelligence AI and machine learning algorithms into products to facilitate self-learning behavior and stay ahead of the competition. These technologies are expected to enable building optimization capabilities which are key differentiators. Additional features that support sustainability and customer-centric solutions will help entrants compete against incumbents and overall drive the 1249.95 billion industry towards 1301.44 billion in 2019.Vertically-integrated building automation solutions edge intelligence in commercial building automation applications and energy disaggregation in commercial buildings will be distinct features in building management in 2019 said Anirudh Bhaskaran senior industry analyst for Industrial at Frost Sullivan. Leading building automation participants will be looking to integrate cognitive abilities in buildings by way of partnerships with technology companies. Analyzing huge volumes of data is critical for cognitive buildings.Frost Sullivans recent analysis Global Homes and Buildings Industry Outlook 2019 presents the opportunities and key markets for the systems of lighting energy management automation facility management smart homes and fire safety and security. The study analyzes the technologies that are transforming the market the companies to watch for in 2019 and the ground-breaking technologies that are likely to emerge.
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Tender Reference No.
444869022
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Publication Date
13 Jun 2019
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Sector
Banking, Finance, Insurance and Securities (BFIS)
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Notice Type
News
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Location
United kingdom
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π·οΈ CPV
No CPV found
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