This analysis examines the emerging role of Internet of Things (IoT)-based heating, ventilation, and air conditioning (HVAC) services in promoting sustainability within the building industry. It highlights the role of real-time data, predictive maintenance, and integration with energy, IT, and building systems in enabling services, including maintenance and repair beyond warranty periods. The convergence of HVAC with occupancy sensors, renewable energy sources, and smart grid signals supports decarbonization and aligns with global sustainability goals, specifically SDG 7 (Affordable and Clean Energy) and SDG 13 (Climate Action). As IoT-based HVAC services evolve rapidly, they offer direct access to user data and enable service models such as HVAC-as-a-service. These models emphasize outcome-based contracts focused on energy savings and system uptime.

• How can providers harness emerging growth prospects and deliver tailored, data-driven solutions that enhance performance, reduce costs, and improve customer experience?
• Why must HVAC firms adopt open standards, invest in AI and IoT technologies, and transition from traditional equipment sales approaches to connected, performance-based services?
• What are the disruptive growth opportunities in IoT-driven HVAC services reshaping the industry by enabling smarter, more efficient, and sustainable building operations?