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Building Analytics Market

Building Analytics Market

by Component (Software and Services), Deployment Model (On-Premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Application (Fault Detection & Monitoring, Energy Management, Security Management, Emergency Management, Network Management, and Others), and End User (Residential, Commercial, Government, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030

Report Code: A13000
Pages: NA
Nov 2022 | 1008 Views
Author(s) : Vineet K
Tables: NA
Charts: NA
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Building Analytics Market Statistics: 2030

Building analytics is the use of data gathered from smart building technologies such as networked sensors, building management systems, and integrated workplace management systems for gaining meaningful insight about the building. The basic function of building analytics software is to convert the complicated data, which is created by the building management systems into simple data so that actions can be taken based upon the results. This technology constantly provides company owners and managers with important data about the condition and performance of building infrastructure systems. Building analytics software is used to generate important understandings associated to energy consumption in the entire building infrastructure. It helps in monitoring and controlling the heating, ventilation, air conditioning, and other systems of the building infrastructure. The optimization of energy performance can lead to reduce energy cost and improve the equipment life as well as resident’s comfort. Eventually, business analytics software increases the lifespan of your building automation systems and mechanical equipment.

Market scope and structure analysis

Report Metric


 Market size available for years


 Base year considered


 Forecast period


 Forecast unit

 Value ($)

 Segments covered

Component, Deployment Model, Enterprise Size, Application, End User, and Region

 Regions Covered

North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)

 Companies covered

Honeywell International Inc., General Electric Company, Siemens AG, International Business Machines Corporation, Schneider Electric SE, Johnson Controls International Plc., Iconics Inc., KGS Buildings LLC, CopperTree Analytics Inc., Noveda Technologies Inc.

COVID-19 scenario analysis

  • The construction companies were significantly affected by the COVID-19 pandemic. During the pandemic, this industry was declared essential, and a lot of constructions took place amidst pandemic situations. Although this industry relies on public and government funding for running the business. However, the slowdown in both public and government funding affected the growth of the building analytics market.
  • The COVID-19 pandemic caused the delays in the projects because of the capital insufficiency. The restrictions imposed by the government also restrict the growth of the market. Many constructions companies and owners are re-evaluating the factors, such as capital requirements, availability of resources, health, and safety measures, to prepare for future plans and designs to operate them effectively.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Increase in demand for energy-efficient systems software to decrease the operational cost by the construction companies is one of the driving factors that propel the growth of the building analytics market. However, the high implementation cost and lack of infrastructure are the factors that hamper the market growth. Furthermore, government initiatives & incentives and growing adoption of cloud-based IoT platforms are the factors that provide lucrative opportunities for the growth of the building analytics market.

The market trends for building analytics market are as follows:

Artificial intelligence and machine learning help to make better decisions

The integration of artificial intelligence and machine learning into the business analytics software has helped the construction companies for better planning and designing and transforming building into smart buildings. Artificial intelligence helps to build 3D models of the buildings that give the planning, architecture, and insights for construction professional to efficiently map, design, build, and manage buildings & infrastructure. Cloud computing is also adopted by the construction companies as it helps in data processing, connecting job sites, data storage, advanced analytics, and improved security. Therefore, these factors drive the growth of the market.

Tracking of building health and energy consumption remotely

Building analytics automated software is significantly designed to integrate cloud systems and on-premises systems, which help to access the data easily. In addition, some of the key features of building analytics systems are fault detection and diagnostics, which help to estimate energy consumption and cost savings. The sensors help to identify energy consumption & loads to receive real-time updates of building equipment and recognize errors in the building infrastructure.

Key Segments Covered


Sub segments


  • Software 
  • Services

 Deployment Model

  • On-Premises
  • Cloud

 Enterprise Size

  • Large Enterprises
  • Small & Medium Enterprises


  • Fault Detection & Monitoring
  • Energy Management
  • Security Management
  • Emergency Management
  • Network Management
  • Others

 End User

  • Residential
  • Commercial
  • Government
  • Others

Key benefits of the report

  • This study presents analytical depiction of the building analytics market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the building analytics market share.
  • The current market is quantitatively analyzed from 2021 to 2030 to highlight the building analytics market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed market analysis based on the present and future competitive intensity of the building analytics market.

Questions answered in the building analytics market research report

  • Which are the leading players active in the building analytics market?
  • What are the detailed impacts of COVID-19 on the market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?

Building Analytics Market Report Highlights

Aspects Details
By Component
  • Software
  • Services
By Application
  • Fault Detection and Monitoring
  • Energy Management
  • Security Management
  • Emergency Management
  • Parking Management
  • Operations Management
  • Elevators and Escalators Management
  • Network Management
  • Others
By Deployment Mode
  • On-Premises
  • Cloud
By Building Type
  • Manufacturing Facilities
  • Residential Buildings
  • Commercial Buildings
  • Public Places
  • Government Buildings
  • Others
By Region
  • North America  (U.S., Canada)
  • Europe  (France, Germany, Italy, Spain, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Honeywell International Inc., International Business Machines Corporation, Johnson Controls International Plc., Schneider Electric SE, General Electric Company, Siemens AG, ENGIE Insight Services Inc., Lucid, EnerNOC, Inc., BuildingIQ

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