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Commercial buildings are set to lead the adoption rate of the internet of things (IoT) until 2017, when smart homes are expected to gain momentum, according to analyst company Gartner.
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Bettina Tratz-Ryan, research vice-president at Gartner, said IoT creates a unified view of facilities management, as well as advanced service operations through the collection of data and insights from a multitude of sensors.
“Especially in large sites, such as industrial zones, office parks, shopping malls, airports or seaports, IoT can help reduce the cost of energy, spatial management and building maintenance by up to 30%,” said Tratz-Ryan.
The business applications fuelling the growth of IoT in commercial buildings are handled through building information management systems that drive operations management, especially around energy efficiency and user-centric service environments.
In 2016, commercial security cameras and webcams, as well as indoor LEDs, will drive total growth, representing 24% of the IoT market for smart cities.
Building regulations are likely to drive adoption. For instance, the UK’s building information modelling (BIM) mandate requires that all public sector construction commencing in 2016 complies with BIM (level 2).
“BIM utilises data models coming from various information sources, including IoT, which will be used by commercial real estate in the future,” said Tratz-Ryan.
Smart homes will represent 21% of total IoT use in smart cities in 2016, according to Gartner.
“Device and wireless standards will be embedded in more devices. Homes will move from being interconnected to information- and smart-enabled – an integrated services environment that will provide value to the home and the individual ambience,” said Tratz-Ryan.
Gartner expect smart TVs, smart set-top boxes, smart bulbs and various home automation tools such as smart thermostats, home security systems and kitchen appliances will drive adoption of IoT in the home.
“The growing maturity of smart home platforms through an ecosystem of home appliances, infotainment and home sensors will mean smart home investments overtake those of commercial buildings in 2018,” said Tratz-Ryan.
Read more about smart cities
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