Market Overview:
The global building analytics market is expected to grow from USD 1.02 Billion in 2018 to USD 2.48 Billion by 2030, at a CAGR of 10.8% from 2018 to 2030. The growth of the global building analytics market can be attributed to the increasing demand for energy-efficient buildings, growing awareness about the benefits of using building analytics solutions, and rising concerns about security and safety in public places.
Product Definition:
Building analytics is the process of collecting, analyzing and reporting data related to buildings and their occupants. The purpose of building analytics is to improve the efficiency and sustainability of buildings, as well as the comfort and productivity of their occupants.
On-premises:
On-premises, it's usage and growth factor in Building Analytics market? On-premises software is used to collect building data and analyze the same using analytics. The software is installed on computers present within the premises of a company or organization for collecting data from various sources such as smart meters, appliances, HVAC systems among others. This information is then processed by analytics tools to derive insights regarding energy consumption patterns in buildings which helps organizations make informed decisions regarding their operations & services.
Cloud:
Cloud is a collection of remote servers that are connected to the internet. It provides shared resources, software, and applications to its users or consumers which can be used by any person from anywhere across the globe. The major advantage of cloud computing is that it offers on-demand self-service and broadens the scope for collaboration among organizations. Cloud services include Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Software as a Service (SaaS).
Application Insights:
The manufacturing facilities segment accounted for the largest revenue share in 2016 and is anticipated to continue leading over the forecast period. This can be attributed to growing demand for real-time analytics that help improve production processes, reduce costs, enhance safety and efficiency across various industries such as automotive, oil & gas and pharmaceuticals. The residential buildings segment is projected to witness significant growth over the forecast period owing to increasing penetration of building management systems (BMS) with on-board sensors that monitor a variety of parameters such as temperature, humidity and air quality inside a building. On detecting an anomaly or problem, an alert is generated which notifies authorities or residents about it so they can take necessary measures.
Building performance monitoring enables energy managers to optimize building operations by gaining insights into energy consumption patterns at both strategic level (e.
Regional Analysis:
The North American region dominated the global market in 2017. The growing adoption of analytics across various industries is expected to drive demand for building analytics solutions in this region. The U.S., as well as Canada, are among the top manufacturing hubs globally and have a strong presence of several manufacturers within each country that are actively adopting advanced technologies such as big data, cloud computing, IoT and others to enhance their business operations and improve productivity levels within their organizations.
The Asia Pacific regional market is anticipated to emerge as one of the most lucrative regions over the forecast period owing its rapidly expanding construction industry coupled with increasing government initiatives aimed at reducing carbon footprint by encouraging sustainable development practices amongst end users across various verticals including residential buildings, commercial buildings and public places (e.g., malls).
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for building analytics is expected to grow at a CAGR of more than 15% from 2016 to 2020. This growth can be attributed to the increasing demand for energy-efficient buildings, as organizations are becoming increasingly aware of the benefits of using such systems.
- Growing need for better workplace productivity: The use of building analytics helps in improving workplace productivity by optimizing the use of space and resources within a building. It also enables businesses to identify and address any potential problems that may affect employee productivity, such as lack of natural light or poor air quality.
- Rising concerns over security and safety: With an increase in terrorist threats, businesses are becoming more concerned about the security and safety aspects of their buildings. Building analytics can help identify potential security risks and vulnerabilities within a building, thus helping organizations take necessary precautions to protect their employees and assets.
Scope Of The Report
Report Attributes
Report Details
Report Title
Building Analytics Market Research Report
By Type
On-premises, Cloud
By Application
Manufacturing Facilities, Residential Buildings, Commercial Buildings, Public Places, Government Buildings, Others
By Companies
Schneider Electric, Johnson Controls, IBM, Honeywell, Siemens, General Electric, Buildingiq, Iconics, Coppertree Analytics, Delta Electronics, Enernoc, Buildpulse, Engie Insight, Gridpoint, Ecovox
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Building Analytics Market Report Segments:
The global Building Analytics market is segmented on the basis of:
Types
On-premises, Cloud
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing Facilities, Residential Buildings, Commercial Buildings, Public Places, Government Buildings, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Schneider Electric
- Johnson Controls
- IBM
- Honeywell
- Siemens
- General Electric
- Buildingiq
- Iconics
- Coppertree Analytics
- Delta Electronics
- Enernoc
- Buildpulse
- Engie Insight
- Gridpoint
- Ecovox
Highlights of The Building Analytics Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- On-premises
- Cloud
- By Application:
- Manufacturing Facilities
- Residential Buildings
- Commercial Buildings
- Public Places
- Government Buildings
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Building Analytics Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Building analytics is the process of collecting, analyzing, and understanding data about how people use a building or space. This information can be used to improve the usability and efficiency of the space for its occupants.
Some of the major companies in the building analytics market are Schneider Electric, Johnson Controls, IBM, Honeywell, Siemens, General Electric, Buildingiq, Iconics, Coppertree Analytics, Delta Electronics, Enernoc, Buildpulse, Engie Insight, Gridpoint, Ecovox.
The building analytics market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Building Analytics Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Building Analytics Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Building Analytics Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Building Analytics Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Building Analytics Market Size & Forecast, 2018-2028 4.5.1 Building Analytics Market Size and Y-o-Y Growth 4.5.2 Building Analytics Market Absolute $ Opportunity
Chapter 5 Global Building Analytics Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Building Analytics Market Size Forecast by Type
5.2.1 On-premises
5.2.2 Cloud
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Building Analytics Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Building Analytics Market Size Forecast by Applications
6.2.1 Manufacturing Facilities
6.2.2 Residential Buildings
6.2.3 Commercial Buildings
6.2.4 Public Places
6.2.5 Government Buildings
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Building Analytics Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Building Analytics Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Building Analytics Analysis and Forecast
9.1 Introduction
9.2 North America Building Analytics Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Building Analytics Market Size Forecast by Type
9.6.1 On-premises
9.6.2 Cloud
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Building Analytics Market Size Forecast by Applications
9.10.1 Manufacturing Facilities
9.10.2 Residential Buildings
9.10.3 Commercial Buildings
9.10.4 Public Places
9.10.5 Government Buildings
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Building Analytics Analysis and Forecast
10.1 Introduction
10.2 Europe Building Analytics Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Building Analytics Market Size Forecast by Type
10.6.1 On-premises
10.6.2 Cloud
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Building Analytics Market Size Forecast by Applications
10.10.1 Manufacturing Facilities
10.10.2 Residential Buildings
10.10.3 Commercial Buildings
10.10.4 Public Places
10.10.5 Government Buildings
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Building Analytics Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Building Analytics Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Building Analytics Market Size Forecast by Type
11.6.1 On-premises
11.6.2 Cloud
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Building Analytics Market Size Forecast by Applications
11.10.1 Manufacturing Facilities
11.10.2 Residential Buildings
11.10.3 Commercial Buildings
11.10.4 Public Places
11.10.5 Government Buildings
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Building Analytics Analysis and Forecast
12.1 Introduction
12.2 Latin America Building Analytics Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Building Analytics Market Size Forecast by Type
12.6.1 On-premises
12.6.2 Cloud
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Building Analytics Market Size Forecast by Applications
12.10.1 Manufacturing Facilities
12.10.2 Residential Buildings
12.10.3 Commercial Buildings
12.10.4 Public Places
12.10.5 Government Buildings
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Building Analytics Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Building Analytics Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Building Analytics Market Size Forecast by Type
13.6.1 On-premises
13.6.2 Cloud
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Building Analytics Market Size Forecast by Applications
13.10.1 Manufacturing Facilities
13.10.2 Residential Buildings
13.10.3 Commercial Buildings
13.10.4 Public Places
13.10.5 Government Buildings
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Building Analytics Market: Competitive Dashboard
14.2 Global Building Analytics Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 Johnson Controls
14.3.3 IBM
14.3.4 Honeywell
14.3.5 Siemens
14.3.6 General Electric
14.3.7 Buildingiq
14.3.8 Iconics
14.3.9 Coppertree Analytics
14.3.10 Delta Electronics
14.3.11 Enernoc
14.3.12 Buildpulse
14.3.13 Engie Insight
14.3.14 Gridpoint
14.3.15 Ecovox