Dublin -- ResearchandMarkets.com recently added "StartUps and their Impact on Smart Buildings 2019" report to its listed offerings.
The report identified 482 private companies founded between 2009 and 2018 in the smart buildings sector, which comply with their definition of being a start-up. In addition to this, the researchers identified 109 start-ups that have been acquired and 13 firms that filed for an IPO since 2009, amounting to over 600 active new entrants in the smart commercial buildings sector. 2018 also proved to be a record year for investment in the global smart buildings sector, with over $2.4 billion invested in start-ups, showing increased confidence by investors in the sector and indicating the positive response companies are receiving for their products and services in the market.
Overall the report demonstrates how the core smart buildings market is being heavily impacted by adjacent markets, particularly the PropTech phenomenon in the commercial real estate sector, but also by Smart developments in the Grid, the Home and Cities. Interactions between major players and early-stage start-ups have continued to increase in the past 2 years, through accelerator and incubator programs and direct collaboration. Utility companies and energy services providers have been particularly focused on building relationships with new entrants in the energy sector.
Over the course of the last 7 years, the publisher has tracked a total of 824 venture funding investments relating to start-up companies in the Smart Buildings space. The investments range from seed and angel investments to debt financing and Series A to Series E rounds. Funding ranged in value from under $1 million to $1.1 billion.
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