The Marketing Minute: Cracking the Code of Technical Marketing
Trouble in Your Tank: Implementing Direct Metallization in Advanced Substrate Packaging
Multi-Billion IoT in Smart Commercial Buildings Market 2016 to 2021
September 30, 2016 | Business WireEstimated reading time: 1 minute
Research and Markets has announced the addition of the "The Internet of Things in Smart Commercial Buildings 2016 to 2021" report to their offering. Most recent assessment indicates that the underlying BAS without connectivity market saw sales of global building systems totalling $94.6Bn in 2015.
Sales of Building Energy and Control Systems (BECS) made up the largest proportion of the market, with sales of $30.9Bn, followed closely by physical security with sales of $27.2Bn, and Fire Detection & Safety with $21.9Bn. We forecast that the market will grow at a combined 7.2% CAGR through to the end of 2016, with the strongest growth being experienced in the lighting control area, at 13% growth.
Report Highlights
- The report projects that the combined global market for the Internet of Things in Buildings (BIoT) will grow significantly over the forecast period, rising from $23.5Bn in 2015 to $75.5Bn by 2021, at a CAGR of 20.7%. Growth in data volumes generated by the IoT will still drive significant investments; as organisations struggle to maintain the network capacity and bandwidth requirements to effectively transmit all this new data.
- We see the market for Connectivity Services and Related Hardware growing from a 2015 value of $8.8Bn to over $18.4Bn by 2021, a CAGR of 13.1%. while will see the Enablement Hardware segment's value grow from $6.8Bn in 2015, to $15.5Bn in 2021, which represents a CAGR of 14.7%.
- The Professional Value Add Services market is projected to grow at a rapid 20.7% CAGR from only $3.1Bn in 2015 to $9.6Bn by 2021. And finally, the Big Data and Cloud Based Software & Services market was valued at nearly $8Bn by the end of 2015 and is projected to grow at an impressive CAGR of 26.3% CAGR to $32Bn by 2021.
- We monitored a total of 597 different deals of different types from 2010 to the end of 2015. Over 63% of these deals (379) were venture capital investments, but we also picked up details of over 200 acquisitions, 4 mergers, 3 IPOs and 2 management buyouts, all of which indicates there is also a thriving demand for both new innovation and expansion via M&A in the BIoT space.
Share on:
Testimonial
"In a year when every marketing dollar mattered, I chose to keep I-Connect007 in our 2025 plan. Their commitment to high-quality, insightful content aligns with Koh Young’s values and helps readers navigate a changing industry. "
Brent Fischthal - Koh YoungSuggested Items
LPKF Strengthens Structural Resilience: 'North Star' Initiative Aims to Secure Long-term Profitability
09/16/2025 | LPKFLPKF Laser & Electronics SE has launched the "North Star" initiative, a far-reaching package of measures designed to strengthen the company's long-term profitability.
The Marketing Minute: Cracking the Code of Technical Marketing
09/17/2025 | Brittany Martin -- Column: The Marketing MinuteMarketing is never a one-size-fits-all endeavor, but the challenges are magnified for highly technical industries like electronics. Products and processes are complex, audiences are diverse, and the stakes are high, especially when your customers are engineers, decision-makers, and global partners who depend on your expertise.
Beyond the Board: What Companies Need to Know Before Entering the MilAero PCB Market
09/16/2025 | Jesse Vaughan -- Column: Beyond the BoardThe MilAero electronics supply chain offers opportunities for manufacturers that are both prestigious and strategically important. Serving prime contractors and Tier-1 suppliers can mean long-term program stability and the satisfaction of contributing to national security. At the same time, this sector is unlike commercial electronics in almost every respect. Success requires more than technical capabilities, it requires patience, preparation, attention to detail, and a clear understanding of how the business model differs.
Global Interposer Market to Surge Nearly Fivefold by 2034
09/15/2025 | I-Connect007 Editorial TeamRevenue for the global interposer market is projected to climb from $471 million in 2025 to more than $2.3 billion by 2034, according to a new report from Business Research Insights. The growth represents a CAGR of nearly 20 percent over the forecast period.
Indium Promotes Huang to Senior Manager, Marketing Communications
08/28/2025 | Indium CorporationWith its commitment to innovation and growth through employee development, Indium Corporation announces the promotion of Jingya Huang to Senior Manager, Marketing Communications, to continue to lead the company’s branding and promotional efforts.