Frost & Sullivan Recognizes Milesight as Top Innovator in Smart Building Sensors

Frost & Sullivan Recognizes Milesight's Innovation in Smart Building Sensors

In a recent report released by Frost & Sullivan, Milesight has earned the distinguished title of one of the foremost innovators in the rapidly growing global market for smart building sensors. The report, titled "Frost Radar™ Smart Building Sensors, 2025," evaluates companies that are leading the charge through robust innovation and effective execution.

The smart building sensor market is projected to experience a staggering compound annual growth rate (CAGR) of 26% until 2028. This growth is fueled by a rising demand for energy savings, environmentally friendly structures, and people-centric spaces. Since 2021, over $37.5 billion has been invested in startups focused on smart buildings, underscoring the strategic significance of this industry.

Milesight remarkably stands out in the Frost Radar rankings, securing a spot among the top three for innovation and growth. The company has demonstrated an impressive average annual growth rate of 74.8% from 2021 to 2024, marking it as one of the most dynamic players in the sector.

With one of the broadest product ranges on the market, Milesight provides sensors for indoor air quality, occupancy and people counting, as well as energy and facility management. The company has consistently unveiled over eight new devices each year, introducing cutting-edge features such as LoRa D2D communication, NFC-compatible installations, and AI-driven people detection. Its design philosophy prioritizes user experience, balancing intelligent information with privacy protection and compliance.

Frost & Sullivan also highlights Milesight’s extensive experience in large-scale projects worldwide. In Canada, over 47,000 indoor air quality sensors have been deployed in schools to enhance classroom environments. In the United States, airports utilize Milesight sensors to monitor passenger flows and conditions. European retailers employ AI sensors to optimize store layouts and decrease energy consumption.

Looking into the future, Frost & Sullivan notes that the next phase for smart building sensors will be influenced by the convergence of AI and IoT, sensor fusion, and sustainability-driven design. Milesight's forward-looking strategy aligns closely with these trends, enabling the company to play a crucial role in developing greener, smarter, and more connected spaces.

About Milesight

Milesight specializes in versatile detection products that effectively capture meaningful data and make it accessible across various applications. By leveraging AI, 5G, and IoT technologies, the company swiftly and flexibly addresses client challenges. Committed to “Empowering Detection,” Milesight collaborates with a rapidly expanding global network to derive unique value from data. The company now significantly affects smart buildings, smart traffic, smart security, smart cities, and more.

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