The article cited AMA's Global Building Analytics Market Study explored substantial growth with CAGR of 12.9%. According the report, Increasing Demand for Energy Effective Systems is one of the primary growth factors for the market. Rapid development and industrialization
is also expected to contribute significantly to the Building Analytics market. Overall, Fault Detection and Monitoring
applications of Building Analytics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Honeywell (United States), IBM (United States), Johnson Controls International plc (Ireland), General Electric (United States), Siemens (United States), ENGIE Insight Services (United States), Acuity Brands, Inc. (United States), EnerNOC Inc. (United States), Building IQ (United States), ICONICS Inc. (United States), Senseware Inc. (United States), KGS Buildings, LLC (United States), Lutron Electronics Co (United States), Copper Tree Analytics (Canada), EcoVox (United States), Grid Point Inc. (United States), Energy Advantage Inc. (Canada), Crestron Electronics Inc. (United States), Verdigris Inc. (United States), NOVEDA Technologies Inc. (United States) and Other may see astonishing sales in this Market and certainly improve revenue growth.
AMAs Analyst on the Global Building Analytics market identified that the demand is rising in many different parts of the world as "Rising Acceptance of Cloud-Based IoT Platforms". One of the challenges that industry facing is "Lack of Awareness"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Building Analytics market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Building Analytics market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Building Analytics market tight? Which application/end-user category or Product Type [By Service Type, Software Services, Managed Services, Professional Services, Consulting Services, Support and Maintenance, Others, , By Deployment Mode, On-premises, Cloud, Others, , By Building Type, Manufacturing Facilities, Residential Buildings, Commercial Buildings, Public Places, Government Buildings and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Building Analytics market and other related sub-markets covered in the study.
o Key & emerging players in the Building Analytics market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Building Analytics market size is calculated using market estimation process, the Building Analytics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Building Analytics market size has been validated using both top-down and bottom-up approaches.