BOULDER, Colo.--(EON: Enhanced Online News)--A recent report from Navigant Research examines the global market for advanced wireless sensors, including how drivers and barriers for intelligent building development affect the market, with forecasts for revenue, segmented by region and customer type, through 2025.
“Sensors are gathering and transmitting more data sets around facility use and system performance than ever before, facilitating various technology developments and trends in the buildings space”
Wireless sensors help deliver holistic and comprehensive insight into operations across systems within this secure, scalable, and open infrastructure. From tablets to thermostats, the expansion of wireless devices has translated to an increased acceptance of wireless communications that can also be applicable in commercial buildings. Click to tweet: According to a recent report from @NavigantRSRCH, wireless sensors are expected to account for 23.1 percent of the total advanced sensor market by 2025.
“Sensors are gathering and transmitting more data sets around facility use and system performance than ever before, facilitating various technology developments and trends in the buildings space,” says Christina Jung, research associate with Navigant Research. “In this context, wireless sensors represent the convergence of advances in miniaturization, wireless connectivity, increased data storage capacity, and batteries.”
Buildings with significant turnover or anticipated pace changes (such as retail or office buildings) are likely better candidates for wireless systems due to the ease in moving sensors, according to the report. The current wireless sensor market penetration remains limited; however, there are opportunities for investment and growth, and targeting the right type of buildings will be essential for success in the wireless sensor market.
The report, Wireless Sensors for Commercial Buildings, analyzes the global market for advanced wireless sensors. The study examines how drivers and barriers for intelligent building development affect the wireless sensor market. Global market forecasts for revenue, segmented by region and customer type, extend through 2025. The report also examines how wireless sensors help deliver business value through connectivity and profiles key industry players. An Executive Summary of the report is available for free download on the Navigant Research website.
About Navigant Research
Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.
Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
* The information contained in this press release concerning the report, Wireless Sensors for Commercial Buildings, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.