Building Analytics Market to 2027 Innovative Technology with Future Projections led by Blue Prism Group, WorkFusion, UiPath, Thoughtonomy, NICE, Automation Anywhere, Softomotive, Pegasystems

An exclusive Building Analytics Market research report has been fabricated through the in depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by deployment type, component, building type, and application was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.

Global building analytics market is expected to grow from US$ 6,181.4 million in 2018 to US$ 19,655.7 million in 2027 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 Benefits-
• To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Building Analytics Market
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The study includes basic information about the product such as Building Analytics Market scope, segmentation, outlook. Likewise, it includes supply-demand static, investment feasibleness, and factors that constrain the growth of an industry. Especially, it offers product demand, yearly revenue and growth facet of the industry.

Some of the leading players operating in this market are (in alphabetic order) namely: Acorn Engineering Group Limited, Arup Group, AT Kearney, Buildingiq, Buildinglogix, Buildpulse, Coppertree Analytics, Crestron Electronics, Delta Electronics, Ecovox, Energy Advantage, Enernoc, Engie Insight, Environmental Systems Inc., General Electric, Gooee, Gridpoint, Honeywell, IBM Corporation, Iconics, Schneider Electric, Senseware, Siemens, SkyFoundry, Waibel Energy Systems, Xchanging PLC (CSC Computer Sciences International Operations Limited) among others.

The report focuses on an in-depth segmentation of building analytics market based on deployment type, component, building type, and application. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further segmented by respective countries. By application, energy management accounted for the largest share in the building analytics market in 2018.

The report aims to provide an overview of the global building analytics market with detailed market segmentation. Also, it analyzes the current building analytics market scenario and forecasts the market till 2027. The report covers market dynamics affecting the building analytics market during the forecast period. Furthermore, the report analyzes the competitive scenario, geographic trends, and opportunities in the building analytics market with respect to all geographic regions. The report also includes the detailed company profiles of the key players in the building analytics market along with their market strategies. The report also provides PEST along with the SWOT analysis for all company profiled in the report.

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The research report provides an in-depth analysis of the major Building Analytics industry leading players along with the company profiles and strategies adopted by them. This enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.

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Currently, the building analytics market penetration rates in Europe region is higher than any other markets across the globe. The European Union's Energy Efficiency Directive, launched in 2012 established a set of obligatory measures to aid the EU achieve its 20% energy efficiency target by 2020. The Directive requires all EU countries to use energy more efficiently throughout the energy chain i.e. from production to final consumption. Also, in 2016, an update to Energy Efficiency Directive was proposed, which included a new 30% energy efficiency target for 2030, as well as measures to meet the new target. In the EU, buildings accounts for around 40% of the total energy consumption and 36% of total CO2 emissions. Also, around 35% of the buildings in the EU are more than 50 years old and nearly 75% of the building stock is energy inefficient, although only 0.4-1.2% of the building stock is restored every year. Thus, more restoration of existing buildings has the prospective to lead to substantial energy savings. Such facts provides a prosperous opportunity to the building analytics market growth.

The report segments the Global Building Analytics Market as follows:

1.1.1 Global Building analytics Market – By Deployment Type
• Cloud Based
• On-premise

1.1.2 Global Building Analytics Market – By Component
• Software
• Service

1.1.3 Global Building Analytics Market – By Building Type
• Manufacturing Facilities
• Residential Building
• Commercial Building
• Public Places
• Government Building

1.1.4 Global Building Analytics Market – By Application
• Fault Detection & Monitoring Facilities
• Energy Management
• Security Management
• Emergency Management
• Parking Management
• Operations Management
• Network Management
• Others

1.1.5 Global Building Analytics Market – By Geography
• North America
o US
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
• Asia Pacific (APAC)
o China
o Japan
o India
o Australia
o Rest of APAC
• Middle East & Africa (MEA)
o South Africa
o UAE
o Saudi Arabia
o Rest of MEA
• South America (SAM)
o Brazil
o Rest of SAM

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This release was published on openPR.