3Q 2018

IoT for Small and Medium Buildings

IoT Solutions for HVAC, Lighting, and Security: Hardware, Software, and Services in Commercial Buildings

Owners and occupants of small and medium-sized buildings have not been aggressive adopters of Internet of Things (IoT) technologies. They have been laggards compared to enterprises that occupy large commercial buildings and residential customers who have embraced IoT. But there are signs of new growth beyond the early adopters as increasingly compelling IoT products and services come to market and strong use cases for small and medium-sized buildings become more apparent.

Among the key market drivers are prices that continue to drop for IoT hardware and vendors that are willing to bundle solutions for use cases that provide benefits to the building owners and tenants. Prices for data processing and analytics related to IoT solutions have dropped as well. Other drivers of adoption include viable use cases for small and medium-sized buildings. For example, a well-designed IoT-enabled lighting or HVAC system can produce double-digit energy savings for a tenant or building owner. The payback might not be immediate, but over the course of a few months or a year, the savings can be apparent.

This Navigant Research report analyzes the global market for IoT solutions aimed at small and medium-sized buildings, including hardware, software, and services. It examines the competitive landscape and use cases and provides case studies highlighting IoT solutions for HVAC, lighting, and security applications. Global market forecasts for revenue, segmented by offering type, building type, and region, extend through 2027. The study also examines the market issues, including key drivers and barriers for IoT solutions in small and medium commercial buildings, as well as prevailing and emerging communication protocols for IoT systems.

Pages 62
Tables | Charts | Figures 51
  • What key trends are shaping the market for Internet of Things (IoT) solutions in small and medium-sized commercial buildings?
  • What are the drivers for IoT solutions in small and medium-sized commercial buildings?
  • What is the revenue forecast for IoT solutions in the small and medium-sized commercial buildings market?
  • Which regions are likely to see the most revenue growth from IoT solutions in small and medium-sized commercial buildings?
  • How can stakeholders exploit the opportunities offered by deployments of IoT solutions in small and medium-sized commercial buildings?
  • HVAC system vendors
  • Lighting and lighting controls vendors
  • Security system vendors
  • IoT device manufacturers
  • Cloud service providers
  • Commercial building owners and managers
  • Standards development organizations
  • Utilities
  • Investor community

1. Executive Summary

1.1   Introduction

1.2   Market Size and Forecast

2. Market Issues

2.1   Introduction

2.2   Definitions

2.2.1   IoT Applications for Small and Medium-Sized Buildings

2.2.2   From Silo Solutions to More Holistic Ones

2.2.3   Defining Small and Medium-Sized Buildings

2.3   Market Drivers

2.3.1   Lower Prices for IoT Solutions

2.3.2   Reduction in Energy Costs

2.3.3   Digital Transformation and IoT

2.3.4   Productivity, Comfort, and Wellness

2.3.5   Attractive to New and Existing Tenants

2.3.6   Increases in Asset Value of Building

2.3.7   Analytics and Space Utilization

2.3.8   Customer Experience

2.3.9   Mobile-First Generation

2.4   Market Inhibitors

2.4.1   Additional Costs, Budgetary Constraints

2.4.2   Crowded, Noisy, Confusing Vendor Landscape

2.4.3   Interoperability

2.4.4   Data Security, Cybersecurity, and Privacy

2.4.5   Risk Aversion, Unclear ROI

2.4.6   Channel Issues

2.5   Regulatory Impact

2.6   Regional Perspective

2.6.1   North America

2.6.2   Europe

2.6.3   Asia Pacific

2.6.4   Latin America, Middle East & Africa

2.7   Case Studies

2.7.1   HVAC and Lighting

2.7.2   Lighting and Space Utilization

2.7.3   Security

3. Technology Issues

3.1   Introduction

3.2   IoT Architecture and Solution Stack

3.2.1   Hardware

3.2.1.1   Advanced Sensors

3.2.1.2   HVAC

3.2.1.3   Gateways

3.2.1.4   Security

3.2.2   Software

3.2.3   Services

3.3   Communication Protocols

3.3.1   BACnet

3.3.2   Bluetooth

3.3.3   EnOcean

3.3.4   Thread

3.3.5   VLC

3.3.6   Wi-Fi

3.3.7   Zigbee

4. Key Industry Players

4.1   Introduction

4.2   Alarm.com

4.3   Aquicore

4.4   Cisco

4.5   cohesionIB

4.6   Current, powered by GE

4.7   EcoEnergy Insights

4.8   enTouch

4.9   GridPoint

4.10   Hitachi

4.11   IBM

4.12   Intel

4.13   Johnson Controls

4.14   Legrand

4.15   Lynxspring

4.16   Panasonic

4.17   PTC

4.18   Schneider Electric

4.19   Shields Energy

4.20   Siemens AG

4.21   Verdigris

5. Market Forecasts

5.1   Introduction

5.1.1   Forecast Methodology, Assumptions

5.1.2   Offering Types

5.1.3   Applications

5.2   Global Overview

5.2.1   North America

5.2.2   Europe

5.2.3   Asia Pacific

5.2.4   Latin America

5.2.5   Middle East & Africa

6. Recommendations

6.1   Steps to Encourage IoT Adoption in Small and Medium Buildings

7. Building Types

7.1   Office

7.2   Retail

7.3   Education

7.4   Healthcare

7.5   Hotels & Restaurants

7.6   Institutional/Assembly

7.7   Warehouse

7.8   Transport

8. Acronym and Abbreviation List

9. Table of Contents

10. Table of Charts and Figures

11. Scope of Study, Sources and Methodology, Notes

  • IoT for Small and Medium Buildings Revenue by Region, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Middle East & Africa: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Middle East & Africa: 2018-2027
  • IoT for Small Buildings Revenue by Application, World Markets: 2018-2027
  • IoT for Medium Buildings Revenue by Application, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Middle East & Africa: 2018-2027
  • From Silo IoT Solutions to More Holistic Approaches
  • Illustrative Example of IoT Technology Architecture for Smart Buildings
  • IoT Solution Stack for Small and Medium-Sized Buildings
  • Estimated Costs and Benefits of IoT Deployments in Small and Medium-Sized Buildings
  • IoT for Small and Medium Buildings+B4:B29 Revenue by Region, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, World Markets: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Segment, North America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Segment, Europe: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Segment, Asia Pacific: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Segment, Latin America: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Offering Type, Middle East & Africa: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Building Type, Middle East & Africa: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Application, Middle East & Africa: 2018-2027
  • IoT for Small and Medium Buildings Revenue by Segment, Middle East & Africa: 2018-2027
  • IoT for Small Buildings Revenue by Application, World Markets: 2018-2027
  • IoT for Medium Buildings Revenue by Application, World Markets: 2018-2027
Choose a License Type

(1-5 users)

(Unlimited users)

$4,800 USD
$7,200 USD