Several ABI Research analysts made the trip to Las Vegas in January for the Consumer Electronics Show (CES) 2024. Although geopolitical and macroeconomic conditions continue to cast a shadow over the technology world, CES 2024 had no shortage of excitement and optimism. Our analysts heard plenty of talks from vendors and enterprise end users about investments, partnerships, new technology adoption, and applications. If you missed CES 2024, we would like to share intriguing highlights from five of our analysts who attended the show, each covering a different technology area.
Smart building platforms are software-based solutions that help real estate owners improve operational efficiency and reduce their carbon emissions. The key to making this happen is the collection of data from various endpoints (connected devices), leading to improved lighting control, occupancy sensing, and Heating, Ventilation, and Air Conditioning (HVAC). Not only do smart building platforms collect droves of essential data about energy usage and operational flows, but they can automate many aspects of building management. The top six companies providing smart building platforms allow organizations to meet sustainability goals and reduce their energy costs.
Market research goes hand-in-hand with maximizing profits at a business enterprise. Whether you’re a vendor or an enterprise implementer of a new technology, in-depth, data-backed intelligence can safely guide your organization toward sustained success. Technology research deliverables identify potential roadblocks and lucrative revenue opportunities for organizations, while giving you a reliable partner to consult with when questions about your respective market inevitably arise. Take, for example, the technology market research case studies we recently compiled, showcasing how our forward-looking methodologies help some of our biggest clients with their digitization journeys. In this blog post, let’s review four of these case studies to give you a better idea of what kind of results you can expect from ABI Research as a technology intelligence partner.
Networked Lighting Control (NLC) "connected lighting" systems are at the forefront of smart technologies available to building owners and tenants, as well as energy companies and regulators, as they look to improve the efficiency and appeal of their commercial buildings. NLCs deliver automated and dynamic lighting networks that optimize energy consumption by connecting with sensors throughout a property. Connectivity is the next step in driving energy savings from upgraded lighting capabilities. The still ongoing switch to Light-Emitting Diode (LED) luminaires from traditional bulbs can bring a 50% energy use reduction. NLC leverages LED to enable dynamic light dimming and operation to ensure lights are only on as needed. Key to such control is lighting level and occupancy sensors, but the NLC system can be extended beyond just efficient lighting to provide a backbone for a host of other connected applications, such as indoor location services for asset tracking in a warehouse or product discovery in retail stores.
The construction industry is one of the world’s largest consumers of resources (sand and building materials) and produces significant waste. Around 40% of global energy consumption can be linked directly to buildings. This sustainability challenge makes the role of smart buildings paramount to meeting zero-emission initiatives worldwide.
More than 50,000 technology innovators and decision makers rely on ABI Research for deep insight and analysis of transformational technologies and key markets. In addition, we also provide an impartial and expert perspective on the companies that are shaping these technologies and industries.
In 2027, ABI Research expects 6.4 million smart hotel room devices to ship worldwide. That’s double the 3.2 million smart hotel room devices that shipped in 2022, growing at a Compound Annual Growth Rate (CAGR) of 24.6% between 2021 and 2027.
In the technology space, it’s vital that your organization stay on top of prevailing trends in your respective industry. This extends to keeping tabs on the competition or, if you’re seeking a solution provider, weighing your options. That’s why ABI Research released its 40 Technology Companies To Watch In 2023 whitepaper to better understand which tech firms are winning in terms of innovation and implementation of their technology products/software.
More than 50,000 technology innovators and decision makers rely on ABI Research for deep insight and analysis of transformational technologies and key markets. In addition, we also provide an impartial and expert perspective on the companies that are shaping these technologies and industries.