Building Analytics Market is expected to grow at a CAGR of 14.1% between 2019 and 2027

The global building analytics market was valued at US$ 6,181.4 million in 2018 and it is expected to grow at a CAGR of 14.1% between 2019 and 2027.

"The latest Building Analytics Market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. This study can be described as most wide-ranging documentation that comprises all the aspects of the evolving Building Analytics Market.

The global building analytics market was valued at US$ 6,181.4 million in 2018 and it is expected to grow at a CAGR of 14.1% between 2019 and 2027.

Building analytics market is experiencing growth all across the globe, growing energy prices, increasingly stringent building energy guidelines, and achieving maximum operational efficiency for building and facility management is expected to be the major market driving forces in the coming years.

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Key Players:

  • Schneider Electric
  • International Business Machines (IBM) Corporation
  • SkyFoundry
  • Environmental Systems, Inc.
  • ENGIE Insight Services Inc
  • Senseware, Inc.
  • Gooee
  • Acorn Engineering Group Limited
  • Waibel Energy Systems
  • BuildingIQ, Inc

The report segments the Global Building Analytics market as follows:

Global Building analytics Market - By Deployment Type

  • Cloud Based
  • On-premise

Global Building Analytics Market - By Component

  • Software
  • Service

Global Building Analytics Market - By Building Type

  • Manufacturing Facilities
  • Residential Building
  • Commercial Building
  • Public Places
  • Government Building

Global Building Analytics Market - By Application

  • Fault Detection Monitoring Facilities
  • Energy Management
  • Security Management
  • Emergency Management
  • Parking Management
  • Operations Management
  • Network Management
  • Others

The research report provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of Building Analytics Market during the forecast period, i.e., 2019-2027. Most importantly, the report further identifies the qualitative impact of various market factors on market segments and geographies. The research segments the market on the basis of product type, application, technology, and region. To offer more clarity regarding the industry, the report takes a closer look at the current status of various factors including but not limited to supply chain management, niche markets, distribution channel, trade, supply, and demand and production capability across different countries.

The research provides answers to the following key questions:

  1. What is the estimated growth rate of the market for the forecast period 2019-2027? What will be the market size during the estimated period?
  2. What are the key driving forces responsible for shaping the fate of the Building Analytics Market during the forecast period?
  3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Building Analytics Market?
  4. What are the prominent market trends influencing the development of the Building Analytics Market across different regions?
  5. What are the major threats and challenges likely to act as a barrier in the growth of the Building Analytics Market?
  6. What are the major opportunities the market leaders can rely on to gain success and profitability?

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Building Analytics Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Building Analytics Market segments and regions.

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Harshal Naik

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