DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Wireless Building Management Services Market 2017-2021" report to their offering.
The report, Global Wireless Building Management Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major drivers for this market is growing use of M2M services across industries. Wireless technologies have evolved over a period of time to simplify business operations across end-user industries. Advances in wireless technologies have enabled end-users to deploy M2M services in managing several aspects of the business. In the retail industry, M2M interactions assist businesses in executing secured online payments through the point of sale terminals.
Further, the report states that one of the major factors hindering the growth of this market is growing security concerns. Wireless networks are considered more susceptible to interception than other mobile and wired networks. This is because these networks have minimal requirement for user authentication, which in turn, increases the number of users. A WiFi network can be hacked easily, leaving the information related to processes, people, and critical data vulnerable to misuse. Adoption of outdoor wireless network poses a major concern in terms of the data security of government agencies as well as enterprise consumers. This is a major challenge, as critical data is often stored in wireless enabled mobile devices.
Key vendors
- Aruba
- Cisco
- Honeywell International
- Johnson Controls
- Schneider Electric
Market drivers
- Growing use of M2M services across industries
- For a full, detailed list, view the full report
Market challenges
- Growing security concerns
- For a full, detailed list, view the full report
Market trends
- Centralized remote controls for residential users
- For a full, detailed list, view the full report
Companies Mentioned
- Aruba
- Cisco
- Honeywell International
- Johnson Controls
- Schneider Electric
- Acuity Brands
- Crestron Electronics
- CommScope
- Daintree Networks
- Digital Lumens
- Elmeasure India
- Enlighted
- EnOcean
- GainSpan
- Greenologic
- Hubbell Control Solutions
- IDEAL Industries
- JETEC Electronics
- KMC Controls
- Linear Technology
- Legrand
- Lutron Electronics
- Open Mesh
- OSRAM
- Seimens
- Trend Control Systems
- WiSense
For more information about this report visit http://www.researchandmarkets.com/research/gvpqhg/global_wireless
