IoT in Smart Buildings Market Outlook and Forecasts to 2023: Global IoT smart building market will approach $51.44B

This Smart Building research focuses primarily upon commercial real estate (CRE), such as office buildings and warehouses, which can be augmented with Internet of Things (IoT) technologies for improved communication, automation, and many workplace benefits for both humans and machines. In addition to optimization of tenant operations, CRE owners recognize the ability to realize significantly higher leasing fees with intelligent buildings. Accordingly, over 80% of new construction involves at least one facet of IoT and/or related Smart Building technologies.