Global Building Analytics Market

Global Building Analytics Market Overview

• Global Building Analytics Market Size was size worth around?USD 11.44 Billion?in 2023 and is Predicted To Grow to around?USD  22.70 Billion by 2033 with a compound annual growth rate?(CAGR)?of 7.09%?between 2023 and 2033.
• The Market Growth is rising due to driven rising requirement for energy-efficient systems, and a reduction in operation costs is fueling the overall market expansion.
•  Building analytics software is utilized in numerous applications, including energy management, fraud monitoring and detection, security management, and more.
•  The building analytics market refers to the industry that the sector focused on software platforms, tools, and services that collect, analyze, and interpret data from building systems HVAC, lighting, energy meters, security, and occupancy sensors to maximize operational efficiency, energy performance, and occupant comfort in real estate properties.

Major vendors in the Global Building Analytics Industry

Honeywell International Inc. (US), International Business Machines Corporation (US), Johnson Controls International Plc. (Ireland), Schneider Electric SE (France), General Electric Company (US), Siemens AG (Germany), ENGIE Insight Services Inc. (France), Lucid (US), EnerNOC, Inc. (US), BuildingIQ (US), ICONICS, Inc. (US), Senseware (US), and others.

Market Segments

This study forecasts revenue at the global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the Building Analytics market based on the below-mentioned segments:

Global Building Analytics Market, By Application

• Fault Detection and Monitoring
• Energy Management
• Emergency Management
• Security Management

Global Building Analytics Market, By Component

• Software
• Services

Global Building Analytics Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa