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The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.

The Internet of Things (IoT) market is forecast to grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025, according to “IoT Platforms: Enabling the Internet of Things,” a new white paper available from IHS Inc.

As information and operational technologies converge, sensors play a crucial role in facilitating intelligent building solutions that can provide actionable insight through data-driven tools, notes Navigant Research. Wireless connectivity expands these sensor capabilities.

Johnson Controls announced that it has joined the Cisco® Digital Ceiling community as a founding building automation partner. The Digital Ceiling framework provides a platform to deliver better user experiences through the convergence of the IT network and building technologies.

Tozour Energy Systems, a leading provider of HVAC and building automation services, has announced the formation of a new dedicated business unit, Tozour Automation. This team of executives and technicians will provide control products and installation for the company’s clients in the greater Philadelphia and southern New Jersey areas.

The global building automation system market is forecast to reach $100.6 billion by 2022, increasing at a compound annual growth rate (CAGR) of 10.65 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.

The Philadelphia 76ers National Basketball Association (NBA) team has announced a partnership with Tozour Energy Systems, a full-service HVAC and building automation provider based in King of Prussia, Pennsylvania.

Global market revenue for energy management systems stood at $9.87 billion in 2014 and is forecast to reach $35.92 billion by 2024, increasing at a compound annual growth rate (CAGR) of 13.4 percent from 2016 to 2024, according to a report from Transparency Market Research.

The global advanced HVAC control market is expected to reach close to $12.2 billion in revenue by 2020, according to the latest research study released by Technavio. The report provides an in-depth analysis of market growth in terms of revenue and emerging trends. It also includes an analysis of various market segments.

ABB demonstrated advanced occupant tracking sensors from PointGrab — in which ABB’s Technology Ventures arm made an investment in December 2015 — at Light+Building 2016. PointGrab uses edge-analytics connected sensors to deliver actionable occupant tracking information for smart homes and buildings.