The Continental Automated Buildings Association (CABA) has completed its “Intelligent Buildings and the Impact of the Internet of Things” research project, conducted by IHS Markit. Intelligent Buildings Council, a core working council of CABA, commissioned the landmark research project to examine the impact of IoT related to intelligent buildings. The research report provides actionable data relevant to all segments of the intelligent building value chain, including building owners, technology manufacturers, builders and developers, integrators and installers, service providers, insurance companies, industry associations and utility companies.
The report finds that IoT is not a specific device or technology, but is a conceptual framework, driven by the idea of embedding connectivity and intelligence in a wide range of devices. The report projects that by the end of 2025, there will be approximately 70 billion IoT-connected devices and that annual shipments will have reached 18 billion devices per year.
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