Published: 30 May 2024
Summary
The smart building market landscape is constantly evolving with new players and changing regulatory and buyer priorities. Product managers must stay ahead by delivering targeted outcomes aligned to these dynamics, investing in sustainability and AI technologies, and fostering ecosystem partnerships.
Included in Full Research
Overview
Key Findings
Smart building solutions are increasingly driven by a dual focus on enhancing tenants’ experience and environmental sustainability. Their goals are to attract tenants and reduce costs, while also addressing compliance issues and increasing property values.
Emerging technologies spanning digital innovations and renewable energy systems are crucial for an integrated approach to smart building that could potentially revolutionize building operation and management practices by making them more human- and environment-centric.
The growing demand for comprehensive tech stacks among smart building technology buyers requires a shift from niche vendor offerings to integrated solutions supported by ecosystem partnerships.
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