Global Building Management System Market

Global Building Management System Market Overview

• The Global Building Management System Market Size was worth around USD 19.21 Billion in 2023 and is predicted to Grow to around USD 89.81 Billion by 2033 with a compound annual growth rate (CAGR) of 16.68% between 2023 and 2033.
• The market growth is rising due to the growing need for energy-efficient solutions, strict regulatory guidelines for green buildings, and the growing use of IoT-enabled smart technologies.
• The building management system market refers to the industry that a PC-based building management system installed within buildings to oversee, manage, and optimize various building services and equipment.
• Services typically include heating, ventilation, air conditioning (HVAC), lighting, power systems, fire protection, and security systems.

Major vendors in the global Building Management System industry

Honeywell International Inc. (US), Siemens AG (Germany), Johnson Controls International PLC (Ireland), Schneider Electric SE (France), United Technologies Corp. (US), IBM Corporation (US), Ingersoll-Rand Plc (Ireland), and Delta Controls, and others.

Market Segment

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

Global Building Management System Market, By Software

• Facility
• Security
• Energy
• Emergency
• Infrastructure Management  

Global Building Management System Market, By Service

• Professional
• Managed

Global Building Management System Market, By Application

• Residential
• Commercial
• Industrial

Global Building Management System 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