Occupancy market is becoming crowded | #Verdafero #Security #Occupancy #Health | The use of occupancy analytics has been a rising trend for buildings in recent years, driving productivity by helping enterprises balance occupant health and comfort with occupant density. As we come to terms with the return to the office being a stop-start process, applying occupancy levels in line with public health guidelines, we begin to realise that occupancy analytics is set up to limit density for health and comfort, while driving productivity. We have moved from ‘how to get the best out of your building’ to ‘how to get the best out of your building at 30%, 50%, or 75% occupancy’.
The 2020 report on the Occupancy Analytics & In-Building Location Based Services market from Memoori estimated system sales of $2.17 Billion in 2019, rising to $5.73 billion by 2024, growing at a CAGR of 21.5%. Since then, every industry and almost every building has been impacted, many workplaces have not seen staff since March. After the initial attention on remote work, enterprises are now focused on how to get their employees back safely, comfortably, and productively, which is creating more interest in the occupancy analytics market.