Special Feature: Smart Buildings & Access Control
Smart buildings: the major trends
AI and machine learning are becoming increasingly
important elements in many types of industries and
the investments are increasing. This goes also for
smart buildings, according to a new market report
from Memoori.
By Henrik Söderlund
Memoori estimates that hardware revenues currently make up 35.5 per cent of the
market.
2 8 · d e t e k t o r i n t e r n a t i o n a l
Why access control is important for smart buildings
The identity is a core part of smart building and any IoT solution. This 8-page special editorial feature is therefore focusing on smart buildings and access
control. The identity is the core part of smart buildings or any IoT solution. To be sure of the identity of people and things is crucial in a connected society.
So anything that goes on in the ID and access control management (IAM) sector is of interest for the smart building sector and vice versa.
This special editorial feature is therefore a mix of the trends within smart buildings and what´s going on in the access control industry.
Even though the organic sales
growth of new AI powered solu-
tions will be responsible for the
majority of the expected growth in
the market, it will also be driven,
in part, by AI taking responsibil-
ity for an ever-greater propor-
tion of existing building systems
already in operation. This is one of
several conclusions in the Memoori
market report "AI & Machine
Learning in Smart Commercial
Buildings global market pros-
pects from 2020 to 2025".
AI devices will increasingly
displace older generations of edge
devices, and AI powered analytics
will displace some more traditional
forms of software analytics being
sold today, according to Memoori.
The report estimates that the
market for AI & machine learning
in smart commercial buildings
generated total revenues of 1.11
billion dollars in 2020, and fore-
cast it will grow by 24.3 per cent
CAGR through to 2025 nearly
tripling in value to approximately
3.3 billion dollars by 2025.
Both hardware and
software
The majority of hardware revenues
are from edge devices, particularly
the various kinds of AI enabled
camera device, according to
Memoori: "Other market analysis
dedicated to the wider market for
AI solutions show a much heavier
weighting towards software gener-
ated revenues, but the relative
importance of computer vision
solutions for the smart buildings
market means hardware revenues
constitute a solid proportion of
the market and will continue to
do so going forward."
Memoori estimates that hard-
ware revenues currently make up
35.5 per cent of the market.
At the same time, a widely dis-
cussed subject in the physical se-
curity industry is the importance
to integrate different systems to
be able to handle smart buildings
from one single platform. And an-
other hot topic is greater flexibility
in the buildings something that
undoubtedly has been accelerated
during the pandemic.
When offices are no longer
seen as the obvious workplace
for people to go to every day, but
perhaps only a few or one day a
week adapting the buildings
to the needs of the organisations
and the people populating them,
becomes much more important.
Part of this is occupancy manage-
ment, where, for example, by
collecting data from access control
systems and security cameras, it
becomes possible to adjust ventila-
tion, heating, lighting, etc. based
on how many people that are in
a building or in specific spaces of
buildings and when.
Memoori states that the
market for AI enabled Energy
Management & Sustainability ser-
vices is growing fast and attracting
a good number of new market
entrants.
Identity becomes important
Access control as a service is
becoming increasingly popular
worldwide. Memoori's report "The
Physical Security Business 2020-
2025" estimates the global market
for Access Control as a Service
(ACaaS) was worth 620 million
dollars in 2019. As much as 40
percent of these installations are
located in North America. Global
demand is expected to increase to
1.6 billion dollars by 2024.
Marcus Täck, Vice President
Marketing, Scanbalt, Dormakaba,
believes that the transition to
more service-based business
models has accelerated during the
pandemic and that it will result
in new solutions like booking ser-
vices, both for workplaces, offices
and the like.
"The offices will be more of a
meeting place in various forms",
he says.
And it will put new demands
on the various systems that exist
in buildings today and make the
integration of the various systems
even more important. Companies
that have not traditionally been
part of the physical security indus-
try can play a big role here.
Greater flexibility also means
that it becomes important to keep
track of the identities of those
who are in a building. Pierre
Parrman, CTO at Seriline, states
that the same person often can
have 3-4 different identities in the
same access control system, which
makes managing the identities
more complicated.
The report AI & Machine Learning in
Smart Commercial Buildings global
market prospects from 2020 to 2025"
can be ordered under "reports" on
www.armedia.se/en
Another hot topic is greater flexibility
in the buildings something that un-
doubtedly has been accelerated during the
pandemic. "