One critical factor in the proliferation of smart buildings is how security is handled. Connecting a building’s systems to the internet makes the structure and its occupants vulnerable to a new host of threats. A new Market Research report notes that managing cybersecurity threats is critical to encouraging owners and the general public to continue to accept smart buildings and the related technology.
Worldwide, the smart building cybersecurity market will reach $8.65 billion by 2021, more than double its 2016 value, according to the report.