Global Building Management Systems Growth Opportunities

Global Building Management Systems Growth Opportunities

Digital Solutions and Sustainability Outcomes are Vital for Vertical Market Expansion

RELEASE DATE
05-Dec-2022
REGION
Global
Research Code: PDC3-01-00-00-00
SKU: EN01362-GL-MT_27226
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Description

The global building management system (BMS) market is being revolutionized by increasing industry convergence and the emergence of innovative technologies. This has led to a rapid increase in the digitalization of buildings, resulting in a spurt in demand for smart buildings and BMS systems. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards technological expertise and collaborative efforts.

BMS is an advanced and effective way to operate and manage modern buildings to ensure occupant safety and comfort. It provides efficient, reliable maintenance and optimization through building automation, energy management, and other related systems.

The global BMS market is on an upswing and is expected to have a compound annual growth rate (CAGR) of 7.9% from 2021 to 2026. COVID-19 has intensified the need for digitalization in buildings, placing a greater focus on the health and wellness of occupants. These factors, along with the increasing awareness for energy-efficient and sustainable buildings, act as a key growth accelerator for this market.

This research service covers the management and automation layers of BMS architecture and analyzes different commercial and industrial end-user segments. Region-wise analysis has been provided for North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. The base year is 2021, and market numbers have been forecast until 2026.

Author: Viswesh Vancheeshwar

RESEARCH: INFOGRAPHIC

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Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Building Management System (BMS) Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Segmentation

Key Competitors

Key Growth Metrics

Growth Drivers

Growth Driver Analysis

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Driver Analysis (continued)

Growth Restraints

Growth Restraint Analysis

Growth Restraint Analysis (continued)

Forecast Assumptions

Revenue Forecast

Revenue Forecast Analysis

Percent Revenue Forecast by Region

Revenue Forecast by Region

Revenue Forecast Analysis by Region

Percent Revenue Forecast by Vertical

Revenue Forecast by Vertical

Revenue Forecast Analysis by Vertical

Revenue Forecast Analysis by Vertical (continued)

Revenue Forecast Analysis by Vertical (continued)

Pricing Trends Analysis

Competitive Environment

Market Share Analysis

Key Growth Metrics

Revenue Forecast

Revenue Forecast by Vertical

Forecast Analysis

Key Growth Metrics

Revenue Forecast

Revenue Forecast by Vertical

Forecast Analysis

Key Growth Metrics

Revenue Forecast

Revenue Forecast by Vertical

Forecast Analysis

Key Growth Metrics

Revenue Forecast

Revenue Forecast by Vertical

Forecast Analysis

Key Growth Metrics

Revenue Forecast

Revenue Forecast by Vertical

Forecast Analysis

Growth Opportunity 1: The Digitalization of Buildings

Growth Opportunity 1: The Digitalization of Buildings (continued)

Growth Opportunity 2: Digital Twins

Growth Opportunity 2: Digital Twins (continued)

Growth Opportunity 3: Sustainability in Buildings

Growth Opportunity 3: Sustainability in Buildings (continued)

Growth Opportunity 4: Smart and Healthy Buildings

Growth Opportunity 4: Smart and Healthy Buildings (continued)

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

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Related Research
The global building management system (BMS) market is being revolutionized by increasing industry convergence and the emergence of innovative technologies. This has led to a rapid increase in the digitalization of buildings, resulting in a spurt in demand for smart buildings and BMS systems. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards technological expertise and collaborative efforts. BMS is an advanced and effective way to operate and manage modern buildings to ensure occupant safety and comfort. It provides efficient, reliable maintenance and optimization through building automation, energy management, and other related systems. The global BMS market is on an upswing and is expected to have a compound annual growth rate (CAGR) of 7.9% from 2021 to 2026. COVID-19 has intensified the need for digitalization in buildings, placing a greater focus on the health and wellness of occupants. These factors, along with the increasing awareness for energy-efficient and sustainable buildings, act as a key growth accelerator for this market. This research service covers the management and automation layers of BMS architecture and analyzes different commercial and industrial end-user segments. Region-wise analysis has been provided for North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America. The base year is 2021, and market numbers have been forecast until 2026. Author: Viswesh Vancheeshwar
More Information
Author Viswesh Vancheeshwar
Industries Environment
No Index No
Is Prebook No
Keyword 1 Global BMS Market
Keyword 2 Smart Building Management System
Keyword 3 automated building management
Podcast No
WIP Number PDC3-01-00-00-00