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
Memoori’s presents a brand new report entitled Occupancy Analytics and In-Building Location Based Services 2017 to 2022 which is the first 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.
- Discover our global market projections & the striking diversity and range of companies addressing this opportunity. Our 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.
At Memoori, we 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 us a solid grounding on which to build our growth projections. We estimate 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.
