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As a result, Memoori Research predicts a significantly growing global market for smart building to smart grid interface software businesses. And, that interface offers several opportunities for balancing electrical supply and demand, most notably in those buildings already outfitted with fully automated control systems.
In its report, The Smart Building to Smart Grid Interface Business, Memoori reviews the smart buildings to smart grid interface market and the opportunities for increasing return on investment on both sides of the equation. The report assesses the potential size of the market and the key elements that will influence it over the next five years.
Among the key findings from the report are:
· The market will reach $1 billion in 2016 and demand will peak in 2020 at $2.2 billion
· The current global market isn't likely to surpass $100 million
· Roughly 80,000 buildings in the U.S. and more than 250,000 worldwide are very suitable for smart building to smart grid integration
· Much of the technology for smart buildings and smart grid interfacing and integration is already in place, meaning huge amounts of money won't be required to bring it about
For more information about the report's contents and to order, click the link below.
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