NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The integrated building management systems market is expected to grow by USD 10 billion from 2021 to 2025, progressing at a CAGR of 12.71% according to the latest market report by Technavio.
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The market is concentrated, and the degree of concentration will accelerate during the forecast period. Azbil Corp., Carrier Global Corp., Cisco Systems Inc., Delta Electronics Inc., Emerson Electric Co., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Schneider Electric SE, and Siemens AG are some of the major market participants. The greater ease in monitoring & controlling building operations, growing demand for energy efficiency & sustainability in buildings, and the increasing government regulations will offer immense growth opportunities. However, vulnerability issues and cybersecurity threats in IBMS might hamper the market growth.
Integrated Building Management Systems Market 2021-2025: Segmentation
Integrated Building Management Systems Market 2021-2025: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our integrated building management systems market report covers the following areas:
Integrated Building Management Systems Market 2021-2025: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the Integrated Building Management Systems Market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Integrated Building Management Systems Market 2021-2025: Key Highlights
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Integrated Building Management Systems Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 12.71%
Market growth 2021-2025
USD 10 billion
YoY growth (%)
Europe, APAC, North America, MEA, and South America
Performing market contribution
Europe at 35%
Key consumer countries
US, China, UK, Germany, and India
Leading companies, competitive strategies, consumer engagement scope
Azbil Corp., Carrier Global Corp., Cisco Systems Inc., Delta Electronics Inc., Emerson Electric Co., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Schneider Electric SE, and Siemens AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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