Smart Facility Management Market: Global Forecast over 2025
BriefingWire.com, 5/04/2021 - This market research report includes a detailed segmentation of the global smart facility management market by component (software, sensors and surveillance component, and services), type (energy management, infrastructure management, property management, and security), service (professional services and managed services), and region (North America, Europe, APAC, Middle East Africa, and Latin America). The market research report identifies Schneider Electric, IBM, Siemens, Johnson Controls, and Honeywell as the market leaders operating in the global smart facility management market.
Overview of the Smart Facility and Intelligent Building Market
Infoholicâs market research report predicts that the global smart facility management market will grow at a CAGR of 18.0% during the forecast period 2019â2025. The market for smart facilities is primarily d
As of 2020 Smart Cities are under more pressure than ever to create a safe, efficient, productive environment for citizens given the massive disruption caused by the COVID-19 pandemic. As a result of lockdowns, travel restrictions and massive numbers of infections many local and governments have struggled to cope and in historically have turned to technology as a way of coping with challenges caused by pandemics. Pandemics can actually be a source of innovation in terms of Smart City technology dating back to more than one hundred years, as for example the city of London only installed its Victorian sewer system after an outbreak of cholera claimed 30,000 lives and modern ventilations systems quickly gained adoption due to the 1918 Spanish Influenza Pandemic. In the era of the COVID-19 outbreak the world is again seeing innovation in the Smart City space as technologies such as robots, drones, cloud computing and biometrics are all helping to curb the spread of the virus, and many of
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