Outlook on the Smart Buildings, Cities, and Digital Twins Technology & Solutions Global Market - Smart Facility Water Management Systems Will Represent a $723M Opportunity in Europe by 2026


Dublin, Feb. 17, 2021 (GLOBE NEWSWIRE) -- The "Global Smart Buildings, Cities, and Digital Twins Technology & Solutions 2021-2026" report has been added to ResearchAndMarkets.com's offering.

This research evaluates smart building technologies, players, and solutions. The report analyzes smart buildings challenges and opportunities, assesses market potential, and provides accompanying smart buildings market sizing, globally as well as regionally, and by market segment for 2021-2026.

It includes an analysis of technologies supporting smartbuilding automation, IWMS, and smart workplace applications and services. Smartbuilding technology integration areas addressed within the report include 5G, AI, data analytics, and edge computing.

This research also evaluates the smart cities market including leading vendors and strategies (such as a single vs. multi-vendor centric approach), infrastructure, solutions, applications, and services. The report analyzes market factors driving solution adoption, technology readiness and fitness for use, and other considerations.

This research also evaluates digital twinning technology, solutions, use cases, and leading company efforts in terms of R&D and early deployments. The report assesses the digital twin product and service ecosystem including application development and operations. The report also analyzes technologies supporting and benefiting from digital twinning.

Select Research Findings

  • Smart building automation software and systems will reach $19.3B in North America by 2026
  • AI-enabled IoT (AIoT) systems will drive IWMS efficiencies and automation to an entirely new level by 2026
  • Smart facility water management systems will represent an $723M market opportunity in Europe by 2026
  • The key to success in the smart building market is to intelligently integrate data, systems, processes, and assets for enterprise and industrial operations
  • Global Asset Twinning, Component Twinning, System Twinning, Process and Workflow Twinning in support of smart cities will reach $3.77B by 2026
  • Global deployment of 5G, AI, and IoT is substantially focused upon smart city solutions, representing 65%, 35%, and 55% of all total global investment for each respective technology

Smart buildings are rapidly transitioning from legacy, often proprietary wireline siloed to more standardized 5G and WiFi6 wireless solutions that leverage AI and edge computing. Intelligence buildings provide many benefits over previous structures including time and cost savings, improved integration of critical infrastructure, and many new and improved solutions such as occupancy-based energy, security, and space utilization.

Smart buildings provide improved facilities access control (security alarm, intrusion detection and overall surveillance), HVAC, lighting and other environmental controls, energy management, and overall building control. In addition, building intelligence is increasingly gained through integration of sensors, actuators and other IoT systems elements to capture data to derive AI-based data analytics.

A digital twin is a virtual object representation of a real-world item in which the virtual is mapped to physical things in the real-world such as equipment, robots, or virtually any connected business asset. This mapping in the digital world is facilitated by IoT platforms and software that is leveraged to create a digital representation of the physical asset. The digital twin of a physical asset can provide data about its status such as its physical state and disposition. Conversely, a digital object may be used to manipulate and control a real-world asset by way of teleoperation.

Digitaltwin solutions in smart cities are largely focused on improving the intelligence of buildings. Specific twinning solutions in this regard include: Asset Twinning, Component Twinning, System Twinning, Process and Workflow Twinning. We see the digital twins market reaching $3.77B for these solution areas in total by 2026.

Target Audience

  • Commercial building network system designers
  • IoT network system designers for commercial buildings
  • Components manufacturers for IoT network systems and interfaces
  • Contractors that install IoT network systems in commercial buildings
  • Systems integrators for the IoT network systems in commercial buildings
  • Facilities managers responsible for commercial building networks and systems

Research Benefits

  • Identify the market drivers for smart cities
  • Understand the technologies supporting smart cities
  • Understand the impact of smart cities on ICT evolution
  • Identify smart buildings market challenges and opportunities
  • Understand the smart buildings marketplace including players and solutions
  • Identify how key technologies such as AI and IoT support intelligent structures
  • Identify how integrated workplace management systems support smart buildings
  • Understand how virtual objects (software programs) function as an abstract of real-world things
  • Understand how virtual reality will support digital twinning for advanced simulations and control

Key Topics Covered:

Smart Buildings Market by Technology, Infrastructure, and Solutions 2021-2026

  1. Executive Summary
  2. Introduction
  3. Smart Building Challenges and Opportunities
  4. Smart Building Organizations and Initiatives
  5. Company Analysis
  6. Smart Building Market Analysis and Forecasts 2021-2026
  7. Conclusions and Recommendations

Smart Cities Market by Strategy, Technology, and Outlook for Solutions, Applications and Services 2021-2026

  1. Executive Summary
  2. Smart City Overview
  3. Smart City Strategy and Planning
  4. Smart City Market Analysis
  5. Smart City Technology Analysis
  6. Smart City Development by Region and Country
  7. Smart City Value Chain and Application Analysis
  8. Smart City Vendor and Service Provider Analysis
  9. Smart Cities Market Forecast 2021-2026
  10. Smart City Market Summary, Conclusions, and Recommendations

Digital Twins Market by Technology, Solution, Application, and Industry Vertical 2021-2026

  1. Executive Summary
  2. Introduction
  3. Digital Twins Company Assessment
  4. Digital Twins Market Analysis and Forecasts 2021-2026
  5. Conclusions and Recommendations

Companies Mentioned

  • ABB Group
  • Abundant Power
  • Accela
  • Accenture PLC
  • Aclara
  • Aclima
  • Advantech
  • Aeon Labs LLC
  • Aeris Communications
  • Affinegy, Inc
  • Affinity Automation, LLC
  • AGT International
  • Airspan
  • Airtel
  • Alibaba
  • Allegro
  • Allerin Tech Pvt. Ltd.
  • Ally
  • Alstom SA
  • Altair Engineering, Inc.
  • Altran
  • Alvarion
  • Amazon
  • Ambience Data
  • AMCS
  • AMD
  • America Movil
  • American Auto-Matrix
  • American Digitals
  • American Energy Management
  • AMMAMSIC Technology Corp
  • Amplia Soluciones SL
  • Analog Devices Inc.
  • Analytika
  • ANSYS
  • Appin Associates
  • Apple
  • Appyparking
  • Arista Networks Inc.
  • ARM Holdings
  • Ascom
  • Asus
  • AT&T
  • Athena Engineering, Inc
  • Atos
  • Aucotec AG
  • Autodesk Inc.
  • Autogrid
  • Automated Control Inc.
  • Ayyeka
  • Azavea
  • Azbil
  • Baidu Inc.
  • Banyan Water
  • Barbara IoT
  • Be Home247
  • Belimo
  • Bentley Systems
  • BlackBerry Ltd
  • Blyncsy
  • Bosch Software Innovations GmbH
  • Brandt Automation, Inc
  • Breezometer
  • Bridj
  • Broadcom Corporation
  • BT Group
  • Building IQ
  • Building Robotics
  • CADFEM GmbH
  • Cadillac Fairview
  • Calthorpe Analytics
  • Capgemini
  • Cavium Inc.
  • Central Coast Environmental Controls
  • China Mobile
  • China Unicom
  • Ciena Corporation
  • CIMCON Lighting
  • Cisco Systems
  • Citrix Systems
  • Cityflo
  • Citymapper
  • Cityzenith
  • Civicsmart
  • Clarity Movement Co.
  • Cobham Wireless
  • Colt
  • Compology
  • Contus
  • Copper Tree Analytics
  • CoSMo Company SAS
  • Cradlepoint
  • Crestron
  • CSR
  • Cubic Corporation
  • Current Analytics, Inc.
  • CyanConnode
  • Cylon
  • Dassault Systems
  • Delta Controls
  • Digital Twin Technologies
  • Dispatchr
  • Distech Controls
  • DNV GL
  • Double Map
  • DOVU
  • DXC Technology
  • E.M.S. Technologies
  • Eagle Energy, Inc
  • EATON
  • Eclipse Foundation
  • Ecova
  • EFT Energy
  • Elemco Building Controls
  • Elichens
  • Emagin
  • Emerson Electric Co
  • Emesent
  • Enel
  • Energent
  • Energy ETC, Inc.
  • EnergyCAP
  • Energyworx
  • EnerNOC
  • Enevo
  • ENGIE
  • Enovity, Inc.
  • Ericsson
  • eSight Energy
  • Evopark
  • EZparking
  • Faststream Technologies
  • Fathom
  • FEINGUSS BLANK GmbH
  • Filament
  • Flamencotech
  • Flowlabs
  • Flowserve
  • Fluentgrid
  • Forward Networks
  • Frazier Service Co.
  • GE
  • General Electric
  • Genesis Automation
  • Google
  • Gridcure
  • GridPoint
  • Hawkeye Energy Solutions
  • HCL Technologies Ltd
  • HFCL
  • Hitachi Ltd.
  • HomeLink Technologies
  • Honda Smart Home
  • Honeywell International Inc.
  • Horizon Controls
  • HPE
  • HTNG
  • Huawei
  • Hubbell Building Automation
  • IBI group
  • IBM Corporation
  • Industrial Internet Consortium
  • Infarm
  • Ingersoll Rand
  • Ingersoll-Rand Inc.
  • Inncom
  • Inrix
  • Inspira
  • Intel
  • Intelizon Energy
  • Intellastar
  • Intellias
  • InterLogix
  • Intermatic
  • Inventum Technologies
  • Invicara
  • Itron
  • J2 Innovations
  • Johnson Controls
  • Kapsch Group
  • KBMax
  • KMC Controls
  • Koninklijke Philips NV
  • KORE Wireless
  • Lanner Electronics
  • Legrand
  • LG CNS
  • Libelium
  • Logic Ladder
  • Lon Mark International
  • LowV Systems, Inc.
  • Lynx Spring
  • Mapillary
  • Maven Systems
  • Meter Feeder
  • Metrotech
  • Microsoft
  • Mindteck
  • Miovision
  • Mobike
  • Moovel
  • Moovit
  • National Instruments
  • NavVis
  • Near Future, LLC
  • NEC
  • Neighborland
  • Network and Automation Systems
  • NEXIA
  • NexTek Power Systems
  • Nokia
  • Nordsense
  • NTT DATA
  • OME
  • One Concern
  • Oorja On Move
  • Opendatasoft
  • Opusone
  • Oracle Corporation
  • Panasonic
  • Parkwhiz
  • Passport
  • PETRA Data Science
  • Phoenix Energy Technologies
  • Phoenix Robotix
  • Physical Web
  • Plume Labs
  • Pratiti Technologies
  • Priva
  • Proclivis Technology Solutions
  • Prodea System Inc.,
  • Progressive Engineering & Design
  • PTC
  • Purple
  • QInfra Solutions
  • QiO Technologies
  • Qualcomm Incorporated
  • Quality Theorem
  • Rachio
  • Ramco Electrical Contracting Corp.
  • RBH Access Technologies, Inc.
  • Reliable Controls
  • Remix
  • Ridlr
  • Rubicon
  • SAP
  • Sawyers Control Systems, Inc.
  • Schneider Electric
  • SenSat
  • Sentiance
  • Shenitech
  • Siemens AG
  • Sierra Wireless
  • Sigfox
  • Sight Machine Inc.
  • Signify
  • Simplifa GmbH
  • Smardt
  • Softweb Solutions Inc.
  • Sogeti Group
  • Somfy
  • Soofa
  • Spacetime Insight
  • Spatial Labs, Inc.
  • Spice Digital
  • Spot Hero
  • Stae
  • Streetlight Data
  • Sullivan & McLaughlin Companies, Inc.
  • Surveillance Grid Company
  • Swiftly
  • Switch Automation
  • Synavision
  • Synergetic Systems
  • Syska Hennessy
  • Sysmex Corporation
  • Taco Comfort
  • Takadu
  • Tantalum
  • TE connectivity
  • Telefonica
  • Telensa
  • TerraBridge Innovations in Technology, Inc.
  • Thermo-Trol Systems, Inc.
  • TIBCO Software
  • Toshiba
  • Toshiba Corporation
  • Tractebel
  • Trafi
  • Trane
  • Transit Labs
  • Transit Screen
  • Transloc
  • Trend Controls
  • Tridium
  • Trilliant
  • Understory
  • Unilectric
  • United Technologies
  • UrbanFootprint
  • Urbee
  • UrsaLeo
  • Utilidata
  • Valor Water Analytics
  • Vantage
  • Varentec
  • Veniam
  • Veolia
  • Verdigris Technologies Inc.
  • Verizon
  • Viconics
  • Videonetics Technologies
  • Virtalis Limited
  • Visualiz
  • Vodafone
  • Volocopter
  • Vykon
  • Watersmart
  • Wind River
  • Wipro Limited
  • Worldsensing SL
  • XanTech
  • XenonStack
  • Zagster
  • Zenysis
  • Zerocycle
  • Zest Labs
  • ZiFF Technologies

For more information about this report visit https://www.researchandmarkets.com/r/r56tes

 

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