This report is a new 2018 study which makes an objective assessment of the Market for Occupancy Analytics & In-Building Location Based Services in Commercial Office Space 2017 to 2022.
This report is a comprehensive evaluation of these solutions and services in the Commercial Office space. It provides a completely up-to-date assessment of the emerging market for IoT technology platforms, which locate and map people, assets and workspaces.
The market for occupancy analytics solutions and location based services is in its infancy, highly fragmented and subject to rapid technological change. With office densification rates increasing in 2017 across the world, combined with evidence of poor space utilization and the expectations of occupants for more human and productive environments, the need for workspace management platforms to provide better insight into the repurposing of current workplaces has never been so urgent.
Why Do You Need This Report?
- Discover global market projections & the striking diversity and range of companies addressing this opportunity. This research indicates that there are at least 150 companies providing solutions to the commercial office space, from 7 distinct vertical markets, reflecting the fragmented and immature nature of the market to date.
- Understand how established incumbents from the facilities management, real estate services, lighting, building management, office furniture and safety and security sectors are competing with niche SaaS players and indoor positioning startups as well as major networking and telecommunications companies.
- What is driving M&A and Investment in this business? Discover the valuations paid for Occupancy Analytics & In-Door LBS companies.
- Security and privacy concerns continue to act as the major barrier to market growth, while market confusion over the variety of solutions available and a lack of effective systems interoperability and effective standards are also slowing progress.
The researchers have decades of experience in the evaluation of building services markets, and regularly publish reports on several building technology areas including Enterprise Energy Management Software, LED Lighting and Controls, Smart Grid, and Physical Security. This has given them a solid grounding on which to build our growth projections. It is estimated that the Occupancy Analytics market in Commercial Office space achieved systems sales of $1.54 Billion in 2017, and should rise to $4.60 Billion by 2022, growing at a robust rate of 24.5% CAGR.
Within its 157 Pages and 33 Charts and Tables, the Report Filters Out All the Key Facts and Draws Conclusions, so you Can Understand Exactly What is Shaping the Future of Occupancy Analytics in Commercial Office Space:
- Growth in this market will be healthy in all regions, but it is Asia that will enjoy the most impressive rise in revenues from Occupancy Analytics over the forecast period, with predicted growth of 26.4% CAGR. This will be driven in no small part by the boom in Asian construction, with nearly 60% of the world’s new buildings being concentrated in this region. Within the region, new supply will be concentrated in 5 markets: Beijing, Shenzhen, Shanghai, Manila and Bangalore, accounting for 55% of construction taking place in Asia Pacific and over one third of construction worldwide.
- Other key drivers for market adoption have been identified as the overall growth of IoT solutions in commercial real estate, developments in advanced sensors, energy efficiency deliverables, flexible working trends and the development of workspace-as-a-service.
- Many organizations are investing in flexible, smart workspaces, as well as adopting more flexible working policies and practices to satisfy and retain their best employees. These trends align with the uptake of platforms and apps to support occupants and facility managers in smart offices.
Starting at only USD $1,750 this report provides valuable information so companies can improve their strategic planning exercises and look at the potential for developing their business through merger, acquisition and alliance.
Who Should Buy This Report?
The information contained in this report will help all investors and stakeholders in commercial real estate to understand the market for spatial and location analytics, a nascent, rapidly evolving market opportunity within the commercial office sector. In particular those wishing to acquire, merge, sell or find alliance partners will find it particularly useful.
2. The Global Market in Office Buildings
2.1 Global Market Size 2017 & Forecast to 2022
2.2 Breakdown of Geographic Regions
2.2.2 North America
3. Use Cases
3.1 Space Optimization and Occupancy Analytics
3.2 Room and Desk Booking
3.3 Indoor Mapping and Wayfinding
3.4 Occupant Engagement and Personalization Services
3.5 Occupancy Based Facilities Management
3.6 Access Control and Visitor Management
3.7 People Counting and Tracking
3.8 Asset Tracking
3.9 Digitalization of Buildings and Visualization of Interior Spaces
4.1 Workspace Management Platforms
4.1.1 Acquisitions and Investments
4.2 Indoor Positioning Systems (IPS)
4.2.2 Acquisitions and Investments
4.3 Integrated Workplace Management Systems (IWMS)
4.3.2 Acquisitions and Investments
4.4 Connected Lighting Platforms
4.4.2 Acquisitions and Investments
4.5 Safety & Security
4.5.1 Acquisitions and Investments
4.6 Building Management Systems (BMS)
4.6.1 Partnerships and Investments
4.7 IT Infrastructure
4.8 Office Furniture
5. Key Buildings Enhanced with Occupancy Analytics
5.1 North America
6. Drivers for Growth
6.1 Internet of Things in Buildings (BIoT)
6.2 Developments in Connected Devices
6.3 Energy Efficiency Drivers
6.4 Construction Market Growth
6.5 Flexible Working Trends
6.6 Flexible Offices
7. Barriers to Growth
7.1 Privacy, Security & Trust
7.2 Standardization and Systems Integration
7.3 Implementation Costs & Demonstrable ROI
7.4 Electromagnetic Interference
7.5 Lack of User Sentiment / Attitude Data
7.6 Project Governance, Control and Routes to Market
8. Key Regulatory Trends
8.1 Relevant Legislation
8.2 Standards and Interoperability
8.2.1 Interoperability and Open Data
9. Structure and Competitive Landscape
9.1 Routes to Market
9.2 New Business Models
9.2.2 Software-as-a-Service (SaaS)
9.2.4 Lighting-as-a-Service (LaaS)
9.3 New Entrants
10. M&A, Investments and Strategic Alliances
10.2 Strategic Investments
10.3 Technology Partnerships and Ecosystems
A1 - Listing of Suppliers in Commercial Office Occupancy Analytics & LBS Market 2017
A2 - Acquisitions in Occupancy Analytics & LBS from 2010 to 2017
A3 - Investments in Occupancy Analytics & LBS from 2010 to 2017
List of Charts and Figures
Fig 2.1 - Global Occupancy Analytics Market in Office Buildings 2017 - 2022 ($ Bn)
Fig 2.2 - Occupancy Analytics Market in Office Buildings by Region ($ M)
Fig 2.3 - Occupancy Analytics Market in Office Buildings EMEA - 2017 to 2022 ($ M)
Fig 2.4 - Occupancy Analytics Market in Office Buildings North America - 2017 to 2022 ($ M)
Fig 2.5 - Occupancy Analytics Market in Office Buildings Asia - 2017 to 2022 ($ M)
Fig 3.1 - Use Cases for Occupancy Analytics and In-Building Location Based Services
Fig 4.1 - Number of Platforms by Type
Fig 4.2 - Workspace Management Platforms
Fig 4.3 - Indoor Positioning Systems (IPS)
Fig 4.4 - Integrated Workplace Management Systems (IWMS)
Fig 4.5 - Global Market for Lighting Control Systems by Type 2013 - 2020 ($ Bn)
Fig 4.6 - Connected Lighting Platform Suppliers
Fig 4.7 - BMS, Office Furniture, IT Infrastructure and Safety & Security Platforms
Fig 6.1 - Perceived Benefits or Business Growth Goals of IoT
Fig 6.2 - Global Market for IoT in Buildings 2015 - 2021 ($ Bn)
Fig 6.3 - Projected Number of Internet Connected Devices (Billions)
Fig 6.4 - Growth in Smart Building Connected Devices over Time (Millions)
Fig 6.5 - Suppliers of Advanced Sensors for Occupancy Analytics
Fig 6.6 - Construction Market Growth by Geography 2014 - 2030
Fig 6.7 - Office Buildings Regional Construction Forecast 2017 - 2019
Fig 9.1 - Geographic Distribution of Companies engaged in Occupancy Analytics and In-Building LBS 2017
Fig 10.1 - Technology Partnerships and Ecosystems
List of Tables
Table 4.1 - Definition of Platform Types
Table 4.2 - Number and Type of Platforms
Table 5.1 - European Office Buildings with Occupancy Analytics or Location Based Services
Table 7.1 Top Barriers and Constraints to the Use of Indoor Location Technologies (Number of Respondents)
Table 9.1 - Number of Companies in Occupancy Analytics and In-Building Location Based Services
Table 9.2 - New Entrants in Occupancy Analytics and In-Building Location Based Services
Table 10.1 - Highest Funded Companies 2010 - 2017
Table 10.2 - Private Equity Investors in Workplace Management Software Vendors 2015 - 2017