According to our latest market study, titled “Building Analytics Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Component, Deployment, Building Type and Application,” the market is projected to grow from US$ 6,181.4 million in 2018 and it is expected to grow at a CAGR of 14.1% between 2019 and 2027

Global Building Analytics Market Insight:

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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The deployment of building analytics platform in different types of building depends on varied applications demanded by the infrastructure and nature. As for example, fault detection and monitoring is one of the major application used by manufacturing facilities; and energy management is extensively used by commercial and residential buildings. By building type, the building analytics market is segmented into manufacturing facilities, commercial building, residential building, public places, and government building.

Deployment of analytics in the manufacturing facilities enable the companies to monitor all the manufacturing processes in real-time and helps the facility manager to act in order to prevent failure, optimize field service, as well as vigorously reallocate production resources on time in case of any faults or changes. Further, it allows monitoring of individual asset performance at different levels of production thus, gaining insights regarding the productivity of various assets.

The Key Players In The Global Market Are:

·         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

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The report segments the global Market as follows:

By Component (Software and Service);

By Deployment Type (Cloud-Based and On-Premise);

By Building Type (Manufacturing Facilities, Residential Building, Commercial Building, Public Places, and Government Buildings);

By Application (Fault Detection & Monitoring Facilities, Security Management, Energy Management, Emergency Management, Parking Management, Operations Management, and Network Management)

Answers that the report acknowledges:

·         Market size and growth rate during forecast period.

·         Key factors driving the Market.

·         Key market trends cracking up the growth of the Market

·         Challenges to market growth.

·         Key vendors of Building Analytics Market

·         Detailed SWOT analysis.

·         Opportunities and threats faces by the existing vendors in Global Building Analytics Market

·         Trending factors influencing the market in the geographical regions.

·         Strategic initiatives focusing the leading vendors.

·         PEST analysis of the market in the five major region

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Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.

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If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-

Contact Person: Sameer Joshi

E-mail: sales@theinsightpartners.com

Phone: +1-646-491-9876