Market Overview: The Emergence Of Smart Building Certifications
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Executive Summary
The building certification market is entering a new phase, marked by the rise of technology-focused accreditations to assess smart buildings. This report identifies the factors propelling the adoption of these rating systems in 2023 and forecasts the trends this market will exhibit. It reviews the range of schemes currently available, examines the challenges faced by these standards and provides advice on extracting value from the implementation of benchmarks. The report is targeted at stakeholders across the real estate value chain, as well as building technology vendors and accreditation bodies. The study draws on the latest Verdantix smart buildings research and a unique mix of insights from interviews with experts across the real estate and technology sectors.The Certification Market Continues To Evolve And Expand
The Perceived Value Of Certifications Differs Amongst Stakeholders
SBCs Must Overcome Five Roadblocks To Achieve Scheme Success
Accreditation Bodies Need To Sharpen Their Competitive Claws
Partnership Strategies And Incoming Regulations Will Shape The Future Of Certifications
Figure 1. Roadmap Of Building Certifications
Figure 2. BOMA BEST Smart Buildings Certification Overview
Figure 3. Smart Building Certification Overview
Figure 4. SmartScore Certification Overview
Figure 5. SPIRE Smart Buildings Certification Overview
Figure 6. Drivers For Smart Building Certifications For Different Stakeholders
Figure 7. When Certifications Don’t Hit The Mark
About the Authors
Amelia Feehan
Senior Consultant, Advisory Services
Amelia is a Senior Consultant within the Advisory Services team at Verdantix. She has several years of experience leading large-scale technology and strategy projects for both…
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Rodolphe d’Arjuzon
Chief Product Officer and Co-Founder
Rodolphe co-founded Verdantix in 2008. As Chief Product Officer, he leads the firm’s research strategy and intellectual agenda. With over 20 years of experience in techn…
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