Overcoming Cost Barriers in Smart Building Implementation
Smart buildings are rapidly becoming a vital part of sustainable development, offering solutions that enhance energy efficiency, improve user comfort, and reduce environmental impact. However, their adoption in Nigeria and other developing nations remains limited due to cost constraints, lack of expertise, and insufficient awareness. This study highlights the urgent need to analyze the financial implications of smart building adoption, focusing particularly on Abuja as a case study. Cost Implications of Smart Building Implementation The study emphasizes that the most significant challenge in smart building development is the high cost of hardware components, which often discourages investors and builders. These financial barriers create a widening gap between traditional construction practices and smart building adoption, particularly in markets with limited financial incentives. Cost analysis becomes an essential step in identifying realistic approaches to reducing expenses without ...