Building Management System Market - PowerPoint PPT Presentation

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Building Management System Market

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Building Management System Market by Software (Facility, Security, Energy, Emergency, Infrastructure Management), Service (Professional, Managed), Application (Residential, Commercial, Industrial), and Geography – PowerPoint PPT presentation

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Title: Building Management System Market


1
MarketsandMarkets Research Private Ltd.
Presents
Building Management System Market worth 19.25
Billion USD by 2023
https//www.marketsandmarkets.com/Market-Reports/b
uilding-management-system-market-28089524.html
2
According to the new market research report on
the "Building Management System Market by
Software (Facility, Security, Energy, Emergency,
Infrastructure Management), Service
(Professional, Managed), Application
(Residential, Commercial, Industrial), and
Geography - Global Forecast to 2023", the
building management system market is expected to
be worth USD 19.25 Billion by 2023, growing at a
CAGR of 16.71 between 2017 and 2023. Browse gtgt
61 market data tables
37 figures 137
pages and in-depth TOC on Home Automation System
Market https//www.marketsandmarkets.com/Market
-Reports/building-management-system-market-2808952
4.html Early buyers will receive 10
customization of reports.
3
Major factors driving the building management
system market are the significant cost benefits
to the industrial, commercial, and residential
users, simplified building operations and
maintenance, and increasing demand for
energy-efficient and eco-friendly
buildings. Facility management software to hold
the largest share of the building management
system market The facility management software
held a major share of the BMS market based on
software in 2016. The large market share is due
to the need for cost saving from effective
management of HVAC and lighting systems in the
building. As these system consume the highest
power in the building, its efficient management
can result in significant cost saving. Managed
services expected to grow at the highest rate
between 2017 and 2023 The market for the managed
services is expected to grow at the highest rate
during the forecast period. Managed services are
the services outsourced to a service provider to
manage routine IT operations. While buildings are
becoming smarter and are eradicating
inefficiencies, even the most advanced
intelligent building technology requires the
human oversight. The human oversight can help in
identifying and eliminating problems, performing
ongoing maintenance, and monitoring energy
management operations.
https//www.marketsandmarkets.com/Market-Reports/b
uilding-management-system-market-28089524.html
4
Maximum number of building management systems
are being deployed in Europe Europe accounted
for the largest share of the total building
management system market in 2016. The adoption of
building management systems (BMSs) in the region
has been driven by regulatory push, amended
policy framework, operational efficiencies, cost
containment, sustainability benefits, and
changing business dynamics, which would
eventually increase the penetration of system
integration and deployment services in this
region. The report profiles the most promising
players in the building management system market.
The key players in the market are Honeywell
International Inc. (US), Siemens AG (Germany),
Johnson Controls International PLC (Ireland),
Schneider Electric SE (France), United
Technologies Corp. (US), IBM Corporation (US),
Ingersoll-Rand Plc (Ireland), and Delta Controls
(Canada).
https//www.marketsandmarkets.com/Market-Repor
ts/building-management-system-market-28089524.html
5
About MarketsandMarkets
Research Private Ltd.
MarketsandMarkets provides quantified B2B
research on 30,000 high growth niche
opportunities/threats which will impact 70 to
80 of worldwide companies revenues. Currently
servicing 7500 customers worldwide including 80
of global Fortune 1000 companies as clients.
Almost 75,000 top officers across eight
industries worldwide approach MarketsandMarkets
for their painpoints around revenues
decisions. Our 850 fulltime analyst and SMEs at
MarketsandMarkets are tracking global high
growth markets following the "Growth Engagement
Model GEM". The GEM aims at proactive
collaboration with the clients to identify new
opportunities, identify most important customers,
write "Attack, avoid and defend" strategies,
identify sources of incremental revenues for both
the company and its competitors.
MarketsandMarkets now coming up with 1,500
MicroQuadrants (Positioning top players across
leaders, emerging companies, innovators,
strategic players) annually in high growth
emerging segments. MarketsandMarkets is
determined to benefit more than 10,000 companies
this year for their revenue planning and help
them take their innovations/disruptions early to
the market by providing them research ahead of
the curve. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" connects over 200,000
markets and entire value chains for deeper
understanding of the unmet insights along with
market sizing and forecasts of niche markets.
https//www.marketsandmarkets.com/Market-Reports/b
uilding-management-system-market-28089524.html
6
Contact Us
Mr. Shelly Singh 630 Dundee Road Suite 430
Northbrook, IL 60062 Tel 1-888-6006-441Email 
newsletter_at_marketsandmarkets.com MarketsandMarket
s Bloghttp//twitter.com/marketsmarkets
http//www.linkedin.com/company/marketsandmarkets
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