- Nov 6, 2018 6:51 pm GMT
- 373 views
Adoption of Internet of Things (IoT) technology is moving downstream to small and medium buildings, according to Navigant Research. Price drops and more bundling by suppliers are attracting customers in this segment. Consequently, global revenue associated with IoT solutions for smalle and medium buildings is expected to increase from $533.8 million in 2018 to over $4.0 billion in 2027, a compound annual growth rate of 25.1%. How much interest does your firm have in this area? What is driving the interest?