Commercial Integrator March 2023 - 14
AV AS A BUSINESS
Key Indicators of What's to Come in 2023
Need some reliable data to create better projections for an unpredictable year? NSCA's Electronic
Systems Outlook will help. By Tom LeBlanc
NSCA hopes its biannual Electronic Systems Outlook will provide integrators with some trustworthy data as they sketch out
their roadmap for the remainder of the year.
FOR INTEGRATION company leaders,
dealing with uncertainty is part of the
job description. However, it seems as
though there are even more question
marks fl oating around in 2023. Forecasting
has been diffi cult due to infl ation,
supply-chain ambiguity and myriad
other factors. NSCA hopes its biannual
Electronic Systems Outlook will provide
integrators with some trustworthy data
as they sketch out their roadmap for the
remainder of the year.
This report is based on construction
data, which NSCA has found to be a valuable
indicator of integration opportunities
(or the lack thereof). To compile the report,
NSCA works with FMI, a research fi rm, to
track new construction starts and renovations
across various vertical markets.
14
A Range of Verticals
Among the verticals covered are the
following:
› Corporate
› Education
› Government
› Healthcare
› House of Worship
› Lodging
› Manufacturing
› Residential
› Retail
The data and trends analysis point to
where growth potential lies. NSCA recommends
that integrators use the data in the
very early stages of design; moreover, it
recommends that integrators even consider
using the " percentage of total vertical
market construction " averages as a starting
point in discussions with clients, tracking
how their local marketplace compares to
national averages.
The information in the report can also
Commercial Integrator MARCH 2023
be critical when budgeting for a project.
It can be used to measure growth
opportunities and monitor market-share
potential. These averages can be used
when working with clients, off ering the
opportunity to show comparable solutions
that fi t within the average dollars spent on
systems in each vertical market. The report
gives a baseline average for a good-betterbest
solution, and it helps guide clients
by avoiding underfunding, which leads to
subpar system installations.
The newly released Winter edition of the
Electronic Systems Outlook shows total U.S.
engineering and construction spending
ending 2022 up 8%, which is the same
as it was in 2020 and 2021. However, it's
noteworthy that the growth is led primarily
by residential. Some commercial verticals,
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Commercial Integrator March 2023
Table of Contents for the Digital Edition of Commercial Integrator March 2023
Commercial Integrator March 2023 - Cover1
Commercial Integrator March 2023 - Cover2
Commercial Integrator March 2023 - 1
Commercial Integrator March 2023 - 2
Commercial Integrator March 2023 - 3
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Commercial Integrator March 2023 - Cover3
Commercial Integrator March 2023 - Cover4
https://www.nxtbook.com/emerald/commercialintegrator/august_2023
https://www.nxtbook.com/emerald/commercialintegrator/july_2023
https://www.nxtbook.com/emerald/commercialintegrator/june_2023
https://www.nxtbook.com/emerald/commercialintegrator/may_2023
https://www.nxtbook.com/emerald/commercialintegrator/april_2023
https://www.nxtbook.com/emerald/commercialintegrator/march_2023
https://www.nxtbook.com/emerald/commercialintegrator/february_2023
https://www.nxtbook.com/emerald/commercialintegrator/january_2023
https://www.nxtbook.com/emerald/commercialintegrator/december_2022
https://www.nxtbook.com/emerald/commercialintegrator/november_2022
https://www.nxtbook.com/emerald/commercialintegrator/october_2022
https://www.nxtbook.com/emerald/commercialintegrator/september_2022
https://www.nxtbook.com/emerald/commercialintegrator/august_2022
https://www.nxtbook.com/emerald/commercialintegrator/july_2022
https://www.nxtbook.com/emerald/commercialintegrator/june_2022
https://www.nxtbook.com/emerald/commercialintegrator/may_2022
https://www.nxtbook.com/emerald/commercialintegrator/april_2022
https://www.nxtbook.com/emerald/commercialintegrator/march_2022
https://www.nxtbook.com/emerald/commercialintegrator/february_2022
https://www.nxtbook.com/emerald/commercialintegrator/january_2022
https://www.nxtbook.com/emerald/commercialintegrator/december_2021
https://www.nxtbook.com/emerald/commercialintegrator/november_2021
https://www.nxtbook.com/emerald/commercialintegrator/october_2021
https://www.nxtbook.com/emerald/commercialintegrator/september_2021
https://www.nxtbook.com/emerald/commercialintegrator/august_2021
https://www.nxtbook.com/emerald/commercialintegrator/july_2021
https://www.nxtbook.com/emerald/commercialintegrator/june_2021
https://www.nxtbook.com/emerald/commercialintegrator/may_2021
https://www.nxtbook.com/emerald/commercialintegrator/apr_2021
https://www.nxtbook.com/emerald/commercialintegrator/march_2021
https://www.nxtbook.com/emerald/commercialintegrator/february_2021
https://www.nxtbook.com/emerald/commercialintegrator/january_2021
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