Digitization Spurs Demand for Cybersecurity in Smart Buildings

New ARC Advisory Group research on the Cybersecurity Spending for Smart Buildings market reveals that the increasing digitization of buildings is creating increased cyber risk, and many owner-operators are realizing the importance of a sound cybersecurity strategy as a result of their digitization efforts.

“As end users in the building automation sector increasingly adopt digitization, they are realizing the importance of cybersecurity.  Today’s rapid adoption of IoT technologies, convergence of IT and OT environments, the drive toward ubiquitous connectivity, and resource constraints are all major challenges when it comes to implementing a good cybersecurity solution for intelligent buildings,” according to Larry O’Brien, Vice President at ARC Advisory Group and key author of ARC’s Cybersecurity for Smart Buildings Global Market Research 2018-2023 report.

About the Cybersecurity for Smart Buildings Research

This ARC research explores current market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the cybersecurity for smart buildings market.  This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modeling techniques.  The research includes competitive analysis, plus five-year market forecasts by  region, supplier type, and product type. 

This new research is available as a Concise Market Analysis Report (PDF) that provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues.  

For more information on this and other available ARC market research, please visit our Market Data & Studies section.

Engage with ARC Advisory Group