Global Building Analytics Market Size, Share, Opportunities, And Trends By Offering (Solution, Services), By Deployment Model (On-Premise, Cloud), By Application (Residential, Commercial, Industrial), And By Geography - Forecasts From 2025 To 2030

Description

Building Analytics Market Size:

The Building Analytics Market will surge from USD 12.156 billion in 2025 to USD 24.049 billion by 2030, registering a 14.62% compound annual growth rate (CAGR).

Buildings are becoming more complex, with more interconnected devices and massive data generation. With this, trends and patterns emerge which identify opportunities for cost reduction. Additionally, it also considers outside factors and their impact, for example, consideration of weather and its impact on energy consumption.

The growth of the building analytics market is driven by the rapid growth of the construction industry along with the increasing investment by the various industries to streamline the construction process in the increasing urbanization and industrialization. It is also supported by various government initiatives and steps. For example, the United States Department of Energy has launched the ‘Smart Energy Analytics Campaign’, which encourages the use of energy management and information system technologies and ongoing monitoring practices to help uncover energy-saving opportunities and improve building performance.

The rising living standard and increasing disposable income throughout the globe will also lead to growth in demand. Furthermore, the greater concern about ensuring compliance with strict regulations in many regions regarding the design of structures and the safety of workers is also boosting the demand for the market. However, the lack of awareness among the people and the high cost associated with building analytics is a concern for the market as it can hamper its growth.

Building Analytics Market Segmentation Analysis:

The segmentation of the global Building analytics market has been done into offering, deployment model, application, and geography. By offering, the classification of the market has been done into Solutions, Services. By deployment model, the classification of the market has been done into On-Premise, Cloud. By application, the classification of the market has been done into Residential, Commercial, and Industrial. Furthermore, on the basis of geography, the global market has been distributed as North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Building Analytics Market Driver:

• Several technological developments in the construction sector and upcoming investments are expected to drive the market during the forecast period

The growth of the Building analytics market is fuelled by the increasing investment being done in the sector in order to urbanize the sector. The increasing penetration of the concept of the Internet of Things in the sector is expected to further increase the demand for building analytics solutions amongst consumers. Moreover, the increasing awareness about data utilization is expected to be a tailwind for the market in the coming years. Some of the key technological developments in the sector include Schneider Electric's launch of the Altivar Process 6000 medium voltage service-oriented device, on 20th August 2019, which can help optimize businesses by enabling process optimization, improving energy management, and enhancing asset management. Similarly, Johnson Controls released Enterprise Management 2.0 on 3rd June 2019. The platform enables enterprises to take a proactive approach to manage a building or an entire portfolio from a single pane of glass by using artificial intelligence and machine learning technologies. Furthermore, Honeywell International Inc. in February 2018 announced its Xtralis VCA Suite of security software available for licensing from third parties, which will expand connected building solutions by offering edge video analytics software to security OEMs.

Building Analytics Market Competitive Insights:

The players in the global Building analytics market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the market.

Segmentation:

• By Offerings
  • Solutions
  • Services
• By Deployment
  • Cloud
  • On-Premise
• By Technology
  • Internet of Things (IoT)
  • Building Management System (BMS)
  • Integrated Workplace Management System (IWMS)
  • Others
• By Application
  • Residential
  • Commercial
  • Industrial
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Others

Table Of Contents

1. EXECUTIVE SUMMARY 

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE 

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities 

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations 

3.7. Strategic Recommendations 

4. TECHNOLOGICAL OUTLOOK

5. GLOBAL BUILDING ANALYTICS MARKET BY OFFERINGS

5.1. Introduction

5.2. Solutions

5.3. Services

6. GLOBAL BUILDING ANALYTICS MARKET BY DEPLOYMENT

6.1. Introduction

6.2. Cloud

6.3. On-Premise

7. GLOBAL BUILDING ANALYTICS MARKET BY TECHNOLOGY

7.1. Introduction

7.2. Internet of Things (IoT)

7.3. Building Management System (BMS)

7.4. Integrated Workplace Management System (IWMS)

7.5. Others

8. GLOBAL BUILDING ANALYTICS MARKET BY APPLICATION

8.1. Introduction

8.2. Residential

8.3. Commercial

8.4. Industrial

9. GLOBAL BUILDING ANALYTICS MARKET BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Offering

9.2.2. By Deployment

9.2.3. By Technology

9.2.4. By Application

9.2.5. By Country

9.2.5.1. USA

9.2.5.2. Canada

9.2.5.3. Mexico

9.3. South America

9.3.1. By Offering

9.3.2. By Deployment

9.3.3. By Technology

9.3.4. By Application

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. By Offering

9.4.2. By Deployment

9.4.3. By Technology

9.4.4. By Application

9.4.5. By Country

9.4.5.1. Germany

9.4.5.2. France

9.4.5.3. United Kingdom

9.4.5.4. Italy

9.4.5.5. Spain

9.4.5.6. Others

9.5. Middle East and Africa

9.5.1. By Offering

9.5.2. By Deployment

9.5.3. By Technology

9.5.4. By Application 

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. UAE

9.5.5.3. Others

9.6. Asia Pacific

9.6.1. By Offering

9.6.2. By Deployment

9.6.3. By Technology

9.6.4. By Application 

9.6.5. By Country

9.6.5.1. China

9.6.5.2. India

9.6.5.3. Japan

9.6.5.4. South Korea

9.6.5.5. Indonesia

9.6.5.6. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Schneider Electric

11.2. IBM Corporation

11.3. Johnson Controls 

11.4. Honeywell International Inc.

11.5. Siemens AG

11.6. CopperTree Analytics Inc.

11.7. MITSUBISHI ELECTRIC ICONICS 

11.8. Delta Electronics, Inc.

11.9. NV5 Global Inc.

11.10. CIM Environmental Pty Ltd

12. APPENDIX

12.1. Currency 

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology 

12.6. Abbreviations 

LIST OF FIGURES

LIST OF TABLES

Companies Profiled

Schneider Electric

IBM Corporation

Johnson Controls 

Honeywell International Inc.

Siemens AG

CopperTree Analytics Inc.

MITSUBISHI ELECTRIC ICONICS 

Delta Electronics, Inc.

NV5 Global Inc.

CIM Environmental Pty Ltd

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