Market Overview:
The global integrated building management systems (IBMS) market is expected to grow from USD 9.8 billion in 2018 to USD 23.5 billion by 2030, at a CAGR of 12.9% during the forecast period. The growth of this market can be attributed to the increasing demand for energy-efficient buildings and rising concerns about security and safety in buildings. The IBMS market is segmented on the basis of type, application, and region. On the basis of type, the market is divided into facility management, security management, energy management, infrastructure management, and emergency management systems.
Product Definition:
Integrated Building Management Systems (IBMS) is a term used to describe a comprehensive system that allows for the management of all building systems from a single platform. IBMS can include features such as energy management, security management, and HVAC control. The importance of IBMS lies in its ability to provide a single interface for managing all aspects of building operations, which can result in improved efficiency and reduced costs.
Facility Management:
The global facility management, it's usage and growth factor in integrated building management systems market size was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The industry has witnessed significant changes over the past few years due to technological advancements, changing business models along with growing need for optimization of resources across various industries such as manufacturing, retail & distribution centers among others.
Security Management:
Security management is the set of processes and controls established to protect an organization's assets from threats. It comprises of four phases such as risk assessment, threat identification, protection strategy formulation and implementation. The security management process involves people, technology & procedures along with policies & standards for ensuring safety in organizations.
Application Insights:
The residential segment accounted for the largest revenue share in 2016 and is projected to continue its dominance over the forecast period. The growing urbanization across various regions coupled with rising disposable income levels has created favorable growth prospects for this segment. Integrated building management systems in the residential sector offer a wide range of functionalities including energy management, security management, infrastructure monitoring and control, and office space scheduling among others.
The commercial segment is expected to witness significant growth over the forecast period owing to increasing demand from corporate offices, retail stores/malls, healthcare facilities/hospitals among others. The rapidly growing IT industry along with smart city initiatives are anticipated to propel demand over the coming years.
Regional Analysis:
The market in Europe is expected to grow at a significant rate over the forecast period. The growth can be attributed to rising government initiatives and increasing investments by various organizations in order to improve the energy efficiency of buildings. For instance, as per EU-28 data, around USD X billion were invested for energy management systems in 2016. Moreover, growing awareness regarding building automation solutions among end users is anticipated to drive the regional market during the forecast period.
Asia Pacific accounted for over 25% of global revenue share in 2017 owing to rapid urbanization and increasing population across emerging economies such as China and India are driving demand for integrated building management systems (IBS). Furthermore, improving living standards have led consumers from low-income groups towards seeking better quality housing accommodation with enhanced facilities such as security measures and heating & cooling equipment installation services along with other maintenance requirements which will further boost industry growth over next eight years.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for integrated building management systems is expected to grow at a CAGR of more than 9% from 2016 to 2020. This growth can be attributed to the increasing demand for energy-efficient buildings, as IBMS help optimize energy consumption in buildings.
- Growing popularity of green buildings: Another key driver for the global IBMS market is the growing popularity of green or sustainable buildings. Green Buildings consume 30% less energy and emit 40% less carbon dioxide as compared to traditional construction methods, making them more environmentally friendly and cost effective in the long run. As such, many governments are now encouraging their development through various incentives and regulations.
- Proliferation of smart devices and IoT: The proliferation of smart devices and the Internet of Things (IoT) is also aiding in the growth of integrated building management systems market worldwide as it enables real-time monitoring and control over various systems within a building using a single interface or app on smartphones or tablets etc.. This helps reduce wastage, save time & money, improve safety & security, etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Integrated Building Management Systems Market Research Report
By Type
Facility Management, Security Management, Energy Management, Infrastructure Management, Emergency Management
By Application
Residential, Commercial, Industrial
By Companies
Johnson Controls, Honeywell, Siemens, Schneider Electric, United Technologies, IBM, Ingersoll-Rand, Delta Controls, Crestron Electronics, Buildingiq
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Integrated Building Management Systems Market Report Segments:
The global Integrated Building Management Systems market is segmented on the basis of:
Types
Facility Management, Security Management, Energy Management, Infrastructure Management, Emergency Management
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
Residential, Commercial, Industrial
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:
- Johnson Controls
- Honeywell
- Siemens
- Schneider Electric
- United Technologies
- IBM
- Ingersoll-Rand
- Delta Controls
- Crestron Electronics
- Buildingiq
Highlights of The Integrated Building Management Systems 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:
- Facility Management
- Security Management
- Energy Management
- Infrastructure Management
- Emergency Management
- By Application:
- Residential
- Commercial
- Industrial
- 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 Integrated Building Management Systems 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:
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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?
Integrated Building Management Systems (IBMS) are a type of information technology that manage the physical and electronic systems within an organization. IBMS can automate many routine tasks, such as monitoring energy usage, tracking building maintenance schedules, and managing security systems.
Some of the major companies in the integrated building management systems market are Johnson Controls, Honeywell, Siemens, Schneider Electric, United Technologies, IBM, Ingersoll-Rand, Delta Controls, Crestron Electronics, Buildingiq.
The integrated building management systems market is expected to register a CAGR of 12.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Integrated Building Management Systems 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 Integrated Building Management Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Integrated Building Management Systems 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 Integrated Building Management Systems 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 Integrated Building Management Systems Market Size & Forecast, 2018-2028
4.5.1 Integrated Building Management Systems Market Size and Y-o-Y Growth
4.5.2 Integrated Building Management Systems Market Absolute $ Opportunity
Chapter 5 Global Integrated Building Management Systems 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 Integrated Building Management Systems Market Size Forecast by Type
5.2.1 Facility Management
5.2.2 Security Management
5.2.3 Energy Management
5.2.4 Infrastructure Management
5.2.5 Emergency Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Integrated Building Management Systems 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 Integrated Building Management Systems Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Integrated Building Management Systems 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 Integrated Building Management Systems 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 Integrated Building Management Systems Analysis and Forecast
9.1 Introduction
9.2 North America Integrated Building Management Systems 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 Integrated Building Management Systems Market Size Forecast by Type
9.6.1 Facility Management
9.6.2 Security Management
9.6.3 Energy Management
9.6.4 Infrastructure Management
9.6.5 Emergency Management
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 Integrated Building Management Systems Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
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 Integrated Building Management Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Integrated Building Management Systems 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 Integrated Building Management Systems Market Size Forecast by Type
10.6.1 Facility Management
10.6.2 Security Management
10.6.3 Energy Management
10.6.4 Infrastructure Management
10.6.5 Emergency Management
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 Integrated Building Management Systems Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
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 Integrated Building Management Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Integrated Building Management Systems 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 Integrated Building Management Systems Market Size Forecast by Type
11.6.1 Facility Management
11.6.2 Security Management
11.6.3 Energy Management
11.6.4 Infrastructure Management
11.6.5 Emergency Management
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 Integrated Building Management Systems Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
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 Integrated Building Management Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Integrated Building Management Systems 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 Integrated Building Management Systems Market Size Forecast by Type
12.6.1 Facility Management
12.6.2 Security Management
12.6.3 Energy Management
12.6.4 Infrastructure Management
12.6.5 Emergency Management
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 Integrated Building Management Systems Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
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) Integrated Building Management Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Integrated Building Management Systems 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) Integrated Building Management Systems Market Size Forecast by Type
13.6.1 Facility Management
13.6.2 Security Management
13.6.3 Energy Management
13.6.4 Infrastructure Management
13.6.5 Emergency Management
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) Integrated Building Management Systems Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
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 Integrated Building Management Systems Market: Competitive Dashboard
14.2 Global Integrated Building Management Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Controls
14.3.2 Honeywell
14.3.3 Siemens
14.3.4 Schneider Electric
14.3.5 United Technologies
14.3.6 IBM
14.3.7 Ingersoll-Rand
14.3.8 Delta Controls
14.3.9 Crestron Electronics
14.3.10 Buildingiq
