DUBLIN /BUSINESS WIRE/ -- Research and Markets has announced the addition of Frost & Sullivan's new report "Intelligent Building Systems and Technologies (Technical Insights)" to their offering.
This Technical Insights research service entitled "Intelligent Building Systems and Technologies" provides an overview of the key technologies and latest developments in the intelligent buildings industry, along with a complete analysis of key market drivers, restraints, and trends. In this research service, Frost & Sullivan analysts thoroughly examine the following technologies: IT, building automation systems, building energy management systems, and wireless sensors.
Market Overview
The building industry is experiencing a transitional phase, where market acceptance is playing a more crucial role than prevailing technical changes. As part of this, intelligent building (IB) seeks to integrate disparate systems on a common infrastructure by bringing together individual functional superiorities, thus improving the building quality from both the end-users' and the owners' perspective. However, on the system integration front, the existence of proprietary solutions is posing hurdles in the acceptance of new technologies in this field, such as IT and wireless sensors. Nevertheless, the growing awareness pertaining to the applications of these technologies, along with the gamut of advantages and expertise they offer, plays a significant role in building superior solutions for building automation.
The future challenge is in developing applications that suit the building automation space on all fronts, and this approach is set to increase the opportunities for advanced next-generation integrated building systems. "Those building technology enterprises that are able to meet these requirements and keep pace with prevailing trends are expected to experience market growth," points out the analyst of this research service. "Building technologies are fast moving toward a migration path and the necessity for scalable, interoperable, flexible, and open systems has initiated efforts from different industry segments to come together on a single platform and build integrated systems as part of intelligent building."
Benefits from Allied Technologies
"The growth of intelligent building systems necessitates the development of technologies capable of countering the presence of proprietary solutions that give an impression of being open systems when they are not," notes the analyst. "As the technologies in the building industry are more business driven than research oriented, they are likely to benefit from technological advancements taking place in other areas also."
Overall, a building's degree of intelligence is expected to depend on the extent to which there is a consensus to include the various available technologies. Hence, building technologies are set for further growth with embedded intelligence, leading to excellent comfort levels, state-of-the-art security, optimized operational costs, and exceptional smartness.