Smart building software contain a sophisticated control system that controls buildings operation such as ventilation, air conditioning, heating, lighting, and other systems, consisting of sensors, actuators, and microchips. The market gains traction as these buildings offer capabilities to lower operational costs, tenant management, security management, and building performance management.
MARKET DYNAMICS
Rising adoption of IoT-enabled BMS is driving the growth of the smart building software market. However, the high cost of implementation may restrain the growth of the smart building software market. Furthermore, the rise in the smart city across the globe is anticipated to create market opportunity for the smart building software market during the forecast period.
MARKET SCOPE
The "Global Smart Building Software Market Analysis To 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The smart building software market report aims to provide an overview of the smart building software market with detailed market segmentation by product type, application, and geography. The global smart building software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart building software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global smart building software market is segmented on the basis of product type and application. Based on product type, the smart building software market is segmented into: configuring, managing, and monitoring. On the basis of application, the smart building software market is segmented into: building operators, managers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart building software market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart building software market by each region is later sub-segmented by respective countries and segments. The smart building software market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the smart building software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the smart building software market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart building software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from smart building software market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the smart building software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the smart building software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Acuity Brands, Inc.
- Buddy Technologies Limited
- ComfortClick Building Automation
- Compta Emerging Business
- ecobee
- Entelec Control Systems
- Facility Solutions Group
- GridPoint
- IBM Corporation
- Siemens AG