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Integrated Building Management Systems Market Size by End-user, by Component, and by Geography | Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 ? 2024


The integrated building management systems market is expected to grow by USD 10.7 billion, progressing at a CAGR of over 12% during the forecast period.

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The advent of the IoT is one of the major factors propelling market growth. However, factors such as vulnerability issues and cybersecurity threats in IBMS will hamper the market growth.

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Integrated Building Management Systems Market: End-user Landscape

The rapid adoption of advanced technology in commercial buildings due to the growing functionality and efficiency requirements of modern consumers is leading to major changes in the commercial real estate (CRE) industry and driving the increasing adoption of IBMS in this segment. The pressure exerted by evolving regulations pertaining to environmental sustainability and the increasing adoption of technology in these sectors are expected to drive the adoption of IBMS during the forecast period.

Integrated Building Management Systems Market: Geographic Landscape

The adoption of smart building technologies, changing regulatory landscape, and increasing focus on reducing carbon emissions will significantly influence integrated building management systems market growth in this region. Over 34% of the market's growth will originate from Europe during the forecast period. The UK and Germany are the key markets for integrated building management systems in Europe. Market growth in this region will be faster than the growth of the market in MEA, North America, and South America.

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Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Customer landscape

Geographic Landscape

Drivers, Challenges, and Trends

Vendor Landscape

Vendor Analysis

Appendix

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