Market Insight: Building Sensor Investment Trends By Industry
Ben Readman
Susan Clarke
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Executive Summary
This report helps heads of strategy, marketing and product at smart building technology firms better understand demand for building Internet of Things (IoT) sensors by industry. The Verdantix Global Corporate Survey 2021 interviewed 285 senior real estate and facilities management decision-makers at organizations occupying mid to large real estate portfolios. The research finds that all industries are expanding investment in sensors for tracking energy usage, indoor air quality (IAQ) and space utilization to deliver data-driven facilities management strategies. Highlights of the survey are that retailers are making new investments in space utilization sensors to track capacity and customer footfall; schools and universities are rolling out IAQ sensors for COVID-19 and CO2 management; and energy-intensive industries, such as the automotive and pharmaceutical sectors, are evaluating expenditure on submeters to collect more granular energy usage data.Automotive, Pharmaceutical And Utilities Firms Plan To Expand Investments In Energy Submeters
Hybrid Working And Social Distancing Trends Trigger Demand For Granular Space Utilization Data Across All Sectors
Education Sector Leads Spending On Indoor Air Quality Sensors
Figure 2. Purchase Intention For Energy Submeters Across 18 Industries
Figure 3. Purchase Intention For Real-Time Space Utilization Sensors Across 18 Industries
Figure 4. Purchase Intention For IAQ Sensors Across 18 Industries
About the Authors
Ben Readman
Industry Analyst
Ben is an Industry Analyst covering the real estate sector, with a focus on data centres and hotels. His core research covers more than 100 vendors in the energy efficiency, s...
Susan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
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