Global Building Management System Market
Building Management System Market Size And Forecast
The Global Building Management System Market was valued at USD 11 Billion in 2019 and is projected to reach USD 26.14 Billion by 2027, growing at a CAGR of 14.48% from 2020 to 2027.
Global Building Management System Market Outlook
The growth of the global building management system market is driven by various factors, such as increasing demand for energy, operational efficiency, and sustainability, and presence of government regulations to promote BMS adoption across organization to optimize the energy efficiency. With an increase in energy costs at the global level and greater government sanctions, BMS is expected to be at the forefront of the future facility projects.
Global Building Management System Market: Segmentation Analysis
The Global Building Management System Market is segmented on the basis of Service Type, Application, Software, and geography.
Global Building Management System Market Competitive Landscape
The “Global Building Management System Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Johnson Controls International PLC, Schneider Electric SE, Siemens AG, Honeywell International Inc., United Technologies Corp., and IBM Corporation.
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