Growth Opportunities of Artificial Intelligence in the Built Environment—Customer Insights and Business Models

Growth Opportunities of Artificial Intelligence in the Built Environment—Customer Insights and Business Models

Overcoming Customer Challenges and Enhancing Value Creation is Crucial

The analysis assesses the influence of artificial intelligence in the homes and buildings industry, defining the role of AI across residential and commercial segments while explaining the opportunities for industry stakeholders. The primary aim is to analyze and highlight the prevailing and prospective AI applications, use cases, AI investments, and focus areas in the homes and buildings industry.

Quantitative and qualitative analyses include market size estimation and revenue forecast by AI application and regional forecasts for North America, Europe, Asia-Pacific, and the rest of the world. The study performs a qualitative analysis in the form of an AI Opportunity Assessment by evaluating important attributes to assess the market readiness and future growth potential of AI applications and use cases in the industry.

Emerging business models are poised to increase the adoption of AI-driven digital solutions that can transform a traditional building into a cognitive building. The analysis identifies and highlights prevailing customer challenges in the commercial real estate segment and suggests strategies for vendors to address those challenges and convert them into growth opportunities. It includes a top-level competitive benchmarking for selected leaders and emerging innovators that incorporate AI capabilities in their digital offerings.