Everything You Wanted To Know About Building Analytics Market by Deployment Type (Cloud-Based and On-Premise), Component (Software and Service) Building Type (Manufacturing Facilities, Residential Building, Commercial Building, Public Places, Government B

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.

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.

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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.

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.

The List of Companies
1. Schneider Electric
2. International Business Machines (IBM) Corporation
3. SkyFoundry
4. Environmental Systems, Inc.
5. ENGIE Insight Services Inc
6. Senseware, Inc.
7. Gooee
8. Acorn Engineering Group Limited
9. Waibel Energy Systems
10. BuildingIQ, Inc

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 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.

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Topics Covered In research report:
3. BUILDING ANALYTICS MARKET LANDSCAPE
3.1 MARKET OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Global Building analytics Market - By Deployment Type
3.2.2 Global Building Analytics Market - By Component
3.2.3 Global Building Analytics Market - By Building Type
3.2.4 Global Building Analytics Market - By Application
3.2.5 Global Building Analytics Market - By Geography
3.3 PEST ANALYSIS
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 APAC PEST Analysis
3.3.4 Middle East & Africa PEST Analysis
3.3.5 South America PEST Analysis

4. BUILDING ANALYTICS MARKET - KEY INDUSTRY DYNAMICS
4.1 KEY MARKET DRIVERS
4.1.1 Growing adoption of efficient facility management tools
4.1.2 Increasing awareness of benefits associated with predictive maintenance
4.2 KEY MARKET RESTRAINTS
4.2.1 Lack of awareness for building analytics among SMEs
4.3 KEY MARKET OPPORTUNITIES
4.3.1 Development of interoperable and scalable building analytics solutions
4.4 FUTURE TRENDS
4.4.1 Shift from reactive maintenance to predictive maintenance through use of analytics
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

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