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The economic climate is impacting investment in construction which has the potential to slow the growth of smart building deployments globally.
Commercial and retail end users will drive the growth of remote monitoring services in intelligent buildings, accounting for more than 80% of the $400 million market in 2016, according to a new study by IMS Research, now part of IHS Inc.
John Ferguson of IHS describes the magnitude of the MRO-parts challenge and outlined possible solutions to the problem.