The article cited AMA's Global Next-Generation Building Energy Management Systems- Market Study explored substantial growth with CAGR of 25.5%. According the report, The trend towards smart buildings leverages IoT and automation technologies is one of the primary growth factors for the market. Increased competition among BEMS vendors and rapid innovation in the industry is also expected to contribute significantly to the Next-Generation Building Energy Management Systems- market. Overall, Commercial Buildings applications of Next-Generation Building Energy Management Systems-, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Honeywell International Inc. (United States), Johnson Controls (United States), Schneider Electric (France), Siemens (Germany), ABB (Switzerland), CBRE (United States), Cisco Systems, Inc. (United States), DAIKIN INDUSTRIES, Ltd. (Japan), GridPoint (United States) and Azbil Corporation (Japan) may see astonishing sales in this Market and certainly improve revenue growth.

The Industry Vertical, such as Industrial, is boosting the Next-Generation Building Energy Management Systems- market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Communcation Type, such as Wireless, is boosting the Next-Generation Building Energy Management Systems- market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Next-Generation Building Energy Management Systems- market identified that the demand is rising in many different parts of the world as "Contribution to the reduction of greenhouse gas emissions and alignment with corporate sustainability objectives.". Furthermore, some recent industry insights like "In January 2024, Honeywell introduced Advance Control for Buildings, a revolutionary platform representing a significant leap forward in building control innovation for the company. This groundbreaking solution is meticulously crafted to streamline building management and serve as the cornerstone for implementing energy efficiency strategies. Advance Control leverages cutting-edge technologies alongside Honeywell's decades of innovation and domain expertise, embodying a holistic approach to modern building control systems. and In August 2023, Redaptive, a leader in Energy-as-a-Service, unveiled a new digital platform designed to monitor and analyze building energy consumption data, delivering actionable insights for facility managers and professionals in energy and sustainability. This solution evaluates building performance, streamlines sustainability reporting, and aids in optimizing energy conservation efforts." is constantly making the industry dynamic. One of the challenges that industry facing is "Scalability challenges can emerge when handling substantial data volumes"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Next-Generation Building Energy Management Systems- market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Next-Generation Building Energy Management Systems- market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Next-Generation Building Energy Management Systems- market tight?
• Which application/end-user category or Product Type [Software, Service and Hardware] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Next-Generation Building Energy Management Systems- market and other related sub-markets covered in the study.

o Key & emerging players in the Next-Generation Building Energy Management Systems- market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Next-Generation Building Energy Management Systems- market size is calculated using market estimation process, the Next-Generation Building Energy Management Systems- market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Next-Generation Building Energy Management Systems- market size has been validated using both top-down and bottom-up approaches.