1.6 billion connected things will be used by smart cities in |
shopping malls, airports or seaports, IoT can help reduce the |
2016, an increase of 39 percent from 2015. Smart commercial |
cost of energy, spatial management and building maintenance |
buildings will be the highest user of Internet of Things( IoT) |
by up to 30 percent. |
until 2017, after which smart homes will take the lead with just |
The business applications that are fuelling the growth of IoT in |
over 1 billion connected things in 2018. |
commercial buildings are handled through building information |
Commercial real estate benefits greatly from IoT |
management systems that drive operations management, |
implementation. IoT creates a unified view of facilities |
especially around energy efficiency and user-centric service |
management as well as advanced service operations through |
environments. In 2016, commercial security cameras and |
the collection of data and insights from a multitude of sensors. |
webcams as well as indoor LEDs will drive total growth, |
Especially in large sites, such as industrial zones, office parks, |
representing 24 percent of the IoT market for smart cities. |
Table 1. Connected Things Installed Base Within Smart Cities( in Millions) | ||
2015 |
2016 |
2017 |
3.4 |
5.3 |
8.4 |
78.6 |
103.6 |
133.1 |
377.3 |
518.1 |
733.7 |
174.3 |
339.1 |
621.8 |
276.9 |
347.5 |
429.2 |
260.6 |
314.0 |
380.6 |
8.6 |
13.3 |
20.8 |
1,179.7 |
1,641.0 |
2,327.7 |
IoT deployment in commercial buildings will continue to grow |
embedded in more devices. Homes will move from being |
at a rapid pace over the next few years, and is on pace to |
interconnected to information- and smart-enabled— an |
reach just over 1 billion in 2018. Incentives into the |
integrated services environment that will provide value to the |
deployment of IoT in commercial real estate will fuel its |
home and the individual ambience. |
development. The U. K.' s building information modelling( BIM) |
At the United Nations ' climate change and sustainability |
mandate, for example, requires that all public sector |
conference, COP21 in Paris, many cities are pledging on |
construction commencing in 2016 complies with BIM( level 2). |
environmental goals to reduce greenhouse gas emissions and |
BIM utilizes data models coming from various information |
improve environmental standards. Thanks to data collected |
sources including IoT, which will be used by commercial real |
from sensors, smart cities can interact and engage with |
estate in the future. |
residents and businesses, creating a collaborative environment. |
In smart homes, the consumer IoT applications that are fueling |
In Singapore, for example, sensors in bus stops can identify |
growth are smart TVs, smart set-top boxes, smart bulbs and |
people with different needs— buses are announced early to |
various home automation tools such as smart thermostats, |
allow enough time for elderly people to be ready to board. In |
home security systems and kitchen appliances. The growing |
Malaga or Madrid, environmental sensor-mounted bikes or |
maturity of smart home platforms through an ecosystem of |
mail carts register air pollution, with the data uploaded onto a |
home appliances, infotainment and home sensors will mean |
Web portal accessible by the public. Citizens can actively |
that smart home investments overtake those of commercial |
contribute to the development and strategic direction of their |
buildings in 2018. |
city. At the same time, businesses become more empowered to |
Smart homes will represent 21 percent of total IoT use in smart |
utilize the sensor data to create their value proposition. |
cities in 2016, and will record the highest increase over the | |
next five years. Device and wireless standards will be | |