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Occupancy Sensor Market worth $5.20 billion in 2030 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Oct. 31, 2024 /PRNewswire/ — The global occupancy sensor market is expected to reach USD 5.20 billion in 2030 from USD 2.75 billion in 2024, at a CAGR of 11.2% during the forecast period according to a new report by MarketsandMarkets™. As organizations and homeowners look to save energy and reduce utility costs, occupancy sensors can offer effective solutions by simply adjusting lighting, heating, or cooling based on instantaneous data for occupancy. The emergence of smart building technologies and the Internet of Things makes it easier to build automated systems in which occupancy sensors are integrated. Coupled with regulatory pressures for sustainability and energy conservation, there is ongoing demand for occupancy sensors as critical components of modern energy management strategies.

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Browse in-depth TOC on “Occupancy Sensor Market”
200 – Tables
62 – Figures
229 – Pages

Occupancy Sensor Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 2.75 billion

Estimated Value by 2030

$ 5.20 billion

Growth Rate

Poised to grow at a CAGR of 11.2%

Market Size Available for

2020–2030

Forecast Period

2024–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Type, Operation, Connectivity, Technology, Installation and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Lack of awareness regarding occupancy sensor

Key Market Opportunities

Government initiatives for green buildings is creating an opportunity

Key Market Drivers

Increasing popularity of lighting controllers in smart homes to drive demand

The 180-360°segment is expected to grow fastest in forecast period.

The 180-360°is expected to grow fastest during the forecast period due to its ability to provide full monitoring and detection capabilities in larger and more complex spaces. These sensors can cover expansive areas without having to take multiple units in open areas, such as open office layouts, large conference rooms, and industrial environments. With the trend of open plan designs in workplaces and a need for efficient solutions in energy management, sensors to detect occupancy across wider angles are becoming increasingly in demand.

The commercial segment is dominating in occupancy sensor market.

The commercial sector dominates the market of occupancy sensors, primarily due to the need for energy efficiency, regulatory compliance, and enhanced operational management. It is estimated that a substantial number of commercial buildings- offices, retail, and hotels- use occupancy sensors to avoid energy wastage by controlling lighting and HVAC through occupancy levels. This saves considerable amounts of money, and also sees organizations come under energy regulations and sustainability goals. On the other hand, the growing number of smart buildings and automation in the commercial sector gives a boost to the demand for occupancy sensors since they easily integrate with building management systems.

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US in the North America region to dominate the occupancy sensor market during the forecast period.

The US dominates the North American occupancy sensor industry mainly due to the factors such as advanced technological infrastructure, an emphasis on energy efficiency, and widely practiced smart building practice. Energy-saving initiatives are spurred by the government and other regulatory agencies in the United States and encourage businesses and homeowners to invest in smart technology aimed at enhancing energy management. Major players in the occupancy sensor industry have also made huge investments in research and development for driving innovation and product offerings in the market.

Key players

The occupancy sensor companies includes significant Tier I and II players like Legrand (France), Johnson Controls Inc (US), Eaton (Ireland), Honeywell International Inc (US), Schneider Electric (France), Acuity Brands Inc (US), Signify Holding (Netherland), Hubbell (US), Leviton Manufacturing Co., Ltd., (US), and Lutron Electronics Co Ltd (US) are some of the key players in the occupancy sensor market.

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Building Automation System Market Size, Share & Industry Trends Analysis Report by Offering (Facility Management Systems, Security & Access Controls, Fire Protection Systems), Communication Technology (Wireless Technologies, Wired Technologies), Application & Region-Global Forecast to 2028

Smart Home Market Size, Share & Trends by Product (Lighting Controls, Smart Speaker, Entertainment, Smart Kitchen, HVAC Controls, Security & Access Controls), Offering (Behavioral, Proactive), Sales Channel, Installation Type and Region – Global Forecast to 2029

Home Automation System Market by Management, Product (Lighting Control, Security & Access Control, HVAC Control, Entertainment & Other Controls), Software & Algorithm, and Region (2020-2025)

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Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2027 Results on November 3, 2026

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NEW YORK, Oct. 20, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the first quarter of fiscal year 2027 on Tuesday, November 3, 2026. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m. ET on November 3, 2026. Tim Gokey, Chief Executive Officer, and Ashima Ghei, Chief Financial Officer, will participate on the call.

To listen to the live event and access the slide presentation, visit Broadridge’s Investor Relations website at www.broadridge-ir.com prior to the start of the webcast. To listen to the call, investors may also dial 1-877-328-2502 within the United States and international callers may dial 1-412-317-5419.

A replay of the webcast will be available and can be accessed in the same manner as the live webcast at the Broadridge Investor Relations website. A recording of the call will be available through November 10, 2026 by dialing 1-855-669-9658 within the United States or 1-412-317-0088 for international callers, using passcode 4349092 for either dial-in number.

About Broadridge
Broadridge Financial Solutions (NYSE: BR), is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Broadridge’s technology and operations platforms process and generate over 8 billion communications annually and underpin the daily average trading of over $18 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing approximately 16,000 associates in 28 countries.

For more information, please visit www.broadridge.com. 

Investor Relations
broadridgeir@broadridge.com                                                      

Media Relations
mediarelations@broadridge.com 

 

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SOURCE Broadridge Financial Solutions, Inc.

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Network Brainiacs Expands into Maryland Through Acquisition of Computer Enhancement Systems in Frederick

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The expansion brings additional technology resources, cybersecurity expertise, and a renewed commitment to client experience to Maryland businesses.

FREDERICK, Md., Oct. 20, 2026 /PRNewswire/ — Network Brainiacs, a managed IT services and cybersecurity company headquartered in Mount Arlington, New Jersey, is pleased to announce its expansion into Maryland through the acquisition of Computer Enhancement Systems (CES), an established IT services provider based in Frederick, Maryland.

The acquisition, effective September 1, 2026, comes shortly after Network Brainiacs celebrated 15 years in business this August. The expansion marks an important chapter in the company’s growth and its continued commitment to helping businesses operate more efficiently, securely, and confidently through technology.

As part of the transition, Network Brainiacs has maintained CES’ existing Frederick location and retained members of its local team. This approach preserves valuable local knowledge and established relationships while introducing new leadership, additional resources, and opportunities to enhance client experience.

“Our mission has always been to make lives more convenient through the seamless integration of technology,” said Victor Magan, CEO of Network Brainiacs. “Expanding into Maryland allows us to bring that commitment to more businesses while building on the relationships CES has developed over the years. We’re excited to combine local experience with additional resources and a fresh perspective on how we can best serve our clients.”

Through this expansion, Maryland businesses will have access to a broader range of technology services, including managed and co-managed IT support, cybersecurity solutions, cloud services, data protection, AI services, application development, technology consulting, and strategic IT planning.

For existing CES clients, the focus is on providing dependable service, strengthening communication, understanding their evolving needs, and identifying opportunities to make their technology experience even better.

“At Network Brainiacs, we believe technology should make people’s lives easier, not more complicated,” said Juana Magan, Chief Experience Officer of Network Brainiacs. “What excites us most about this expansion is the opportunity to connect with more people, learn about their businesses, and build relationships rooted in trust and genuine care. We value what the CES team has built in Frederick, and we look forward to bringing new ideas, strengthening the client experience, and becoming part of this community.”

With locations in New Jersey and Maryland, Network Brainiacs continues to grow its presence while staying committed to the values that guide its work: positivity, teamwork, integrity, a passion for serving others, continuous learning, and finding solutions.

About Network Brainiacs

Founded in 2011, Network Brainiacs is a managed IT services and cybersecurity company headquartered in Mount Arlington, New Jersey, with an additional location in Frederick, Maryland.

The company serves businesses across multiple industries, including healthcare, dental practices, professional services, and small to midsize organizations.

Network Brainiacs provides managed IT services, cybersecurity, cloud solutions, data protection, and strategic technology consulting, with a focus on proactive support, strong relationships, and exceptional client experiences.

Website: www.networkbrainiacs.com

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SOURCE Computer Enhancement Systems (CES)

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MoonPay and Dunamu to Collaborate on Global Digital Asset Financial Infrastructure

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The two parties are exploring business opportunities in stablecoin payments and corporate treasury management.

Jointly identifying new use cases and business opportunities in stablecoin-based global payments and fund transfersReviewing the potential of digital asset-based financial infrastructure for global corporate finance and treasury managementLinking MoonPay’s global network with Dunamu’s GIWA blockchain to support global ecosystem expansion

NEW YORK, Oct. 20, 2026 /PRNewswire/ — MoonPay, a global crypto payments and stablecoin infrastructure company, is pursuing a strategic collaboration with Dunamu in the field of global financial infrastructure built on digital assets.

The two companies will jointly identify new business opportunities across areas including stablecoin-based global payments and fund movement, and corporate finance and treasury management. By combining MoonPay’s global financial services and network with Dunamu’s technology and business capabilities, including its GIWA blockchain, they plan to explore the potential applications of digital asset-based financial infrastructure.

First, the companies will look for collaboration opportunities in global payments and fund movement using stablecoins. Drawing on both companies’ technology and infrastructure, they will review a range of cases in which digital assets can be used for cross-border payments and fund transfers, and examine the business potential of new financial service models.

The companies will also pursue collaboration in global corporate finance and treasury management. They will jointly review ways to apply digital asset-based financial infrastructure to corporate finance and treasury operations, and identify related business opportunities and usage models.

Expanding Dunamu’s GIWA blockchain ecosystem is another key area of collaboration. Leveraging their respective global ecosystems and partner networks, the two companies will explore ways to broaden access to GIWA-based services and digital assets and strengthen the GIWA ecosystem’s global connectivity. In particular, by linking MoonPay’s global services and network with Dunamu’s blockchain infrastructure, they aim to increase overseas market access for services and assets within the GIWA ecosystem and jointly identify new business opportunities in global markets.

“For stablecoins to function as global financial infrastructure, it is important to have the technology and network to support not only cross-border payments and fund transfers, but also the real financial operations of businesses,” said Bugeon Lee, Head of APAC at MoonPay. “By combining Dunamu’s blockchain capabilities with MoonPay’s global financial infrastructure, we will explore new possibilities for digital assets and work together so that the GIWA ecosystem can expand into global markets.”

Going forward, MoonPay and Dunamu plan to firm up the technical and commercial potential in their main areas of collaboration, namely stablecoin-based global payments, corporate finance and treasury management, and GIWA ecosystem expansion, and to continue identifying new business opportunities that draw on both companies’ strengths.

About MoonPay

MoonPay is a global financial technology company that provides infrastructure for moving value across traditional and digital financial systems. Founded in 2019, MoonPay serves more than 35 million customers in 180 countries and more than 1500 enterprise clients across crypto and fintech. Its products support payments, trading, commerce, stablecoin infrastructure and other services that connect conventional payment networks with blockchain-based financial rails. MoonPay maintains regulatory licenses and authorizations in multiple jurisdictions, including the United States and European Union. For more information, visit www.moonpay.com.

Media Contacts

MoonPay
press@moonpay.com

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SOURCE MoonPay

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