Wire · opportunities
The smart apartment era is ending. The smart building contract is next (Analyst Angle)
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 25 August 2026 · Fusion42 review
Maravedis forecasts US multifamily PropTech and IoT vendor revenue to near $4 billion by 2031 driven by closing adoption gaps rather than market expansion, with strong consolidation happening due to high operational complexity and hardware costs. Outcome-based smart building contracts are emerging but early, altering vendor and owner negotiation dynamics toward retrofit projects over new builds.
This Wire brief sits within Fusion42's coverage of Proptech.
◆ ◆ The Wire takeaway
Smart building founders need to shift from segmented hardware sales to integrated platform contracts or outcome-based deals to capture real growth as US multifamily owners consolidate subscriptions and prioritise retrofit economics over new builds. You must control data rights upfront or lose your chance at the portfolio-wide digital asset.
◆ Coverage
1 source · 25 Aug 2026
◆ Related on Wire
◆ Topics