BSRIA’s Senior Market Intelligence Analyst Henry Lawson is to be a guest speaker at BIT’s 5th Annual Global Congress of Knowledge Economy-2018, which will be held from Friday 7th – Sunday 9th September 2018 in Qingdao, China. The theme is: seeking a sustainable future in a smart world. Henry’s session will address the theme of smart homes and the wider world of smart buildings.

This session is directed at those wanting to understand how the global market for smart buildings is developing and the main factors behind this. It will draw on BSRIA’s long-standing global experience in building services to clarify what makes a building smart, how smart building solutions are evolving and how the market is likely to develop in future.

It shows that smart buildings effectively form a continuum of different levels of smartness from simple mechanisation through to using learning and intelligence and information share with the wider world.

BSRIA has researched the global market for different types of smart building from the smart home market to Building Energy Management (BEMS), Smart HVAC and Building Automation Controls (BACS). A key finding of this research is that the smart homes market is generating most of the growth for smart buildings and that it is also having an influence on the commercial buildings market.

Major global suppliers of digital consumer devices and services have been investing heavily in artificial intelligence and have also been moving into the field of smart homes and could well disrupt the wider building services market.

Globally, more than a third of all “smart home” solutions are sold into the light commercial market. Smart homes also offer simple, user friendly design which is attractive to the commercial segment as well.  Smart homes also focus strongly on comfort and wellbeing, which are increasingly seen as important in commercial buildings, which could have major implications on the way such buildings are specified. The fact the boundaries between work and life outside of work are becoming more burred will also have an impact on most buildings.

All of this is underpinned by the rapid growth in open solutions, the cloud and the Internet of Things, all of which will be central going forward.

Henry said: “I am really pleased to have the chance to take BSRIA’s message to a wider global audience, and also to have the opportunity to meet with some of the leading voices in the field of the Knowledge Economy in general and smart buildings in particular. To do so in China, one of the main centres of smart building development is particularly exciting.”

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