07. April 2015 · Comments Off on IDC: Smart Building Spending to Grow to $17.4 Billion · Categories: News · Tags: , , , ,

An increasing number of case studies are emerging to demonstrate the business case and benefits associated with developing smart buildings. According to a new IDC Energy Insights report, leading organizations around the world are encouraged to evaluate their current smart building status and to implement short to medium term plans to capture those benefits. In fact, the new report, Business Strategy: Global Smart Building Technology Spending 2015–2019 Forecast (Doc #EI254932), forecasts smart building technology spending to grow from $6.3 billion in 2014 to $17.4 billion in 2019, registering a compound annual growth rate (CAGR) of 22.6%. The most aggressive adoption will be in Asia/Pacific, North America, and Western Europe.

via IDC: Smart Building Spending to Grow to $17.4 Billion – M2M Magazine.