Global Building Analytics Market Overview:
Building analytics market is expected to grow owing to increasing demand for energy efficient buildings in order to cut greenhouse gas emission. In addition. Rapid development and industrialization in emerging economies and rising demand of Cloud-Based IoT Platforms. Building analytics software is used to generate significant insights linked to energy consumption across the whole building infrastructure and efficiently monitor the ventilation, heating, air conditioning and other systems of the building. And have numerous applications in Fault Detection and Monitoring, Energy Management, Security Management, Emergency Management, Parking Management, Operations Management, Elevators and Escalators Management and Network Management
As per latest study released by AMA Research, the Global Building Analytics market is expected to see growth rate of 12.9%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Demand for Energy Effective Systems
Market Growth Drivers:
Rapid development and industrialization and Increasing Inclination towards Reducing Energy Cost and Consumption
Challenges:
Lack of Awareness
Restraints:
High operational Cost
Opportunities:
Rising Acceptance of Cloud-Based IoT Platforms
Competitive Landscape:
Some of the key players profiled in the report are Honeywell (United States), IBM (United States), Johnson Controls International plc (Ireland), General Electric (United States), Siemens (United States), ENGIE Insight Services (United States), Acuity Brands, Inc. (United States), EnerNOC Inc. (United States), Building IQ (United States), ICONICS Inc. (United States), Senseware Inc. (United States), KGS Buildings, LLC (United States), Lutron Electronics Co (United States), Copper Tree Analytics (Canada), EcoVox (United States), Grid Point Inc. (United States), Energy Advantage Inc. (Canada), Crestron Electronics Inc. (United States), Verdigris Inc. (United States), NOVEDA Technologies Inc. (United States) and Other. Additionally, following companies can also be profiled that are part of our coverage like Schneider Electric S.E (France). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Building Analytics market by 2030.
What Can be Explored with the Building Analytics Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Building Analytics Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Building Analytics
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Building Analytics market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Building Analytics market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Legal agencies, Professional service providers, Government organizations and Research Organizations and Consulting Companies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.