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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 - Global Forecast to 2023

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 estimated to grow at a CAGR of 16.71% between 2017 and 2023”
The building management system (BMS) market was valued at USD 6.65 billion in 2016 and is expected to reach USD 19.25 billion by 2023, at a CAGR of 16.71% between 2017 and 2023. Significant cost benefits to industrial, commercial, and residential users boost the demand for BMSs. Traditionally, operating cost was one of the major concerns for building owners as they had to incur a big expense in the maintenance of the building because of lack of advanced technology. A simple business consideration for using BMSs is being more energy efficient. As reducing the energy consumption directly transcends into reduced spending on energy, saving power provides a good financial opportunity for businesses and helps improve their profitability. Ensuring that the BMSs in the buildings are operating in peak conditions will enable users to not only improve system efficiency but also reduce operating costs. However, lack of technically skilled workers and high initial implementation costs pose a restraining block in the building management system market. Maintenance and servicing require trained and skilled personnel to ensure that the BASs run smoothly and have a longer lifespan. In the absence of these conditions, the implementation of building management solutions and services become difficult. For the BMS project, an upfront investment is required at the initial stage of conceptualization, which deters the building managers and operators in installing the systems in the buildings.

“Professional services continue to hold the largest share of the building management system market during the forecast period”
Professional Services are expected to hold the largest share of the building management system market in 2016. As the adoption of building management solutions increases worldwide driven by regulatory push, amended policy framework, operational efficiencies, cost containment, sustainability benefits, and changing business dynamics, the demand for professional services increases eventually.

“Europe to hold the largest share of the building management system market during the forecast period”
Europe is expected to hold the largest share of the building management system market in 2016. The region has been an early adopter of building management systems. The Energy Performance of Buildings Directive (EPBD) has been instrumental in boosting the building management system market in the region.

The breakup of primaries conducted during the study is depicted in below.
By Company Type: Tier 1 – 30%, Tier 2 – 40%, and Tier 3 – 30%
By Designation: C-Level Executives – 30%, Directors – 35%, and Managers – 35%
By Region: North America – 29%, Europe – 33%, APAC – 29%, and RoW – 9%
The building management system ecosystem comprises major players such as 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).

Research Coverage:
This report includes the market statistics pertaining to software, service, application, and geography, along with their respective market sizes.
• Major drivers, restraints, opportunities, and challenges for the building management system market have been detailed in this report.
• Illustrative segmentation, analysis, and forecast for the markets based on software, service type, application, and geography have been conducted to give an overall view of the building management system market.
• A detailed competitive landscape includes key players, in-depth analysis, and market share of the key players.

Reasons to Buy the Report

The report would help leaders/new entrants in this market in the following ways:
1. This report segments the building management system market comprehensively and provides the closest market size estimation for all subsegments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with the information on key drivers, restraints, challenges, and opportunities for the market growth.
3. This report is expected to help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product launches and developments, partnerships, and mergers and acquisitions.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • MARKET STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table BUILDING MANAGEMENT SYSTEM MARKET, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD BILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL BUILDING MANAGEMENT SYSTEM MARKET
    • BUILDING MANAGEMENT SYSTEM MARKET, BY SOFTWARE
    • BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE, BY SOFTWARE/SERVICE TYPE AND APPLICATION
    • ANALYSIS OF BUILDING MANAGEMENT SYSTEM MARKET BASED ON COUNTRY
    • BUILDING MANAGEMENT SYSTEM MARKET SIZE, BY APPLICATION
  • MARKET OVERVIEW
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • BUILDING MANAGEMENT SYSTEM MARKET, BY SOFTWARE
    • INTRODUCTION
      • Table BUILDING MANAGEMENT SYSTEM MARKET, BY SOFTWARE, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY REGION, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR SOFTWARE, BY APPLICATION, 2014-2023 (USD MILLION)
    • FACILITY MANAGEMENT
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR FACILITY MANAGEMENT, BY REGION, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR FACILITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
      • LIGHTING CONTROL
        • Table MARKET FOR FACILITY MANAGEMENT FOR LIGHTING CONTROL, BY REGION, 2014-2023 (USD MILLION)
      • HVAC CONTROL
        • Table MARKET FOR FACILITY MANAGEMENT FOR HVAC CONTROL, BY REGION, 2014-2023 (USD MILLION)
    • SECURITY MANAGEMENT
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR SECURITY MANAGEMENT, BY REGION, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR SECURITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
      • VIDEO SURVEILLANCE
        • Table MARKET FOR SECURITY MANAGEMENT FOR VIDEO SURVEILLANCE, BY REGION, 2014-2023 (USD MILLION)
      • ACCESS CONTROL
        • Table MARKET FOR SECURITY MANAGEMENT FOR ACCESS CONTROL, BY REGION, 2014-2023 (USD MILLION)
    • ENERGY MANAGEMENT
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR ENERGY MANAGEMENT, BY REGION, 2014-2023 (USD MILLION)
    • EMERGENCY MANAGEMENT
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR EMERGENCY MANAGEMENT, BY REGION, 2014-2023 (USD MILLION)
    • INFRASTRUCTURE MANAGEMENT
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR INFRASTRUCTURE MANAGEMENT, BY REGION, 2014-2023 (USD MILLION)
  • BUILDING MANAGEMENT SYSTEM MARKET, BY SERVICE TYPE
    • INTRODUCTION
      • Table BUILDING MANAGEMENT SYSTEM MARKET, BY SERVICE TYPE, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR SERVICE TYPE, BY REGION, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR SERVICE TYPE, BY APPLICATION, 2014-2023 (USD MILLION)
    • PROFESSIONAL SERVICES
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR PROFESSIONAL SERVICES, BY TYPE, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR PROFESSIONAL SERVICES, BY REGION, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR PROFESSIONAL SERVICES, BY APPLICATION, 2014-2023 (USD MILLION)
    • MANAGED SERVICES
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR MANAGED SERVICES, BY REGION, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR MANAGED SERVICES, BY APPLICATION, 2014-2023 (USD MILLION)
  • BUILDING MANAGEMENT SYSTEM MARKET, BY APPLICATION
    • INTRODUCTION
      • Table BUILDING MANAGEMENT SYSTEM MARKET, BY APPLICATION, 2014-2023 (USD BILLION)
    • RESIDENTIAL
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR RESIDENTIAL, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR RESIDENTIAL APPLICATION, BY REGION, 2014-2023 (USD MILLION)
    • COMMERCIAL
      • OFFICE BUILDINGS
      • RETAIL AND PUBLIC BUILDINGS
      • EDUCATIONAL INSTITUTES
      • HOSPITALS AND HEALTHCARE FACILITIES
      • AIRPORTS AND RAILWAYS
      • OTHERS
        • Table BUILDING MANAGEMENT SYSTEM MARKET FOR COMMERCIAL, BY TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET FOR COMMERCIAL, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET FOR COMMERCIAL, BY REGION, 2014-2023 (USD MILLION)
    • INDUSTRIAL
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR INDUSTRIAL, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
      • Table BUILDING MANAGEMENT SYSTEM MARKET FOR INDUSTRIAL, BY REGION, 2014-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table BUILDING MANAGEMENT SYSTEM MARKET, BY GEOGRAPHY, 2014-2023 (USD BILLION)
    • AMERICAS
      • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS, BY COUNTRY, 2014-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
      • REST OF THE AMERICAS
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS, BY APPLICATION, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS, BY SOFTWARE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS, BY SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS FOR FACILITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN AMERICAS FOR SECURITY MANAGEMENT SOFTWARE, BY TYPE, 2014-2023 (USD MILLION)
    • EUROPE
      • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE, BY COUNTRY, 2014-2023 (USD MILLION)
      • FRANCE
      • GERMANY
      • ITALY
      • UK
      • REST OF EUROPE
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE, BY APPLICATION, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE, BY SOFTWARE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE, BY SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE FOR FACILITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN EUROPE FOR SECURITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
    • APAC
      • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC, BY COUNTRY, 2014-2023 (USD MILLION)
      • JAPAN
      • CHINA
      • INDIA
      • REST OF APAC
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC, BY APPLICATION, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC, BY SOFTWARE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC, BY SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC FOR FACILITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN APAC FOR SECURITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
    • ROW
      • Table BUILDING MANAGEMENT SYSTEM MARKET IN ROW, BY COUNTRY, 2014-2023 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN ROW, BY SOFTWARE AND SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN ROW, BY APPLICATION, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN ROW, BY SOFTWARE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN ROW, BY SERVICE TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM MARKET IN ROW FOR FACILITY MANAGEMENT, BY TYPE, 2014-2023 (USD MILLION)
        • Table BUILDING MANAGEMENT SYSTEM SECURITY MARKET IN ROW FOR MANAGEMENT SOFTWARE, BY TYPE, 2014-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING OF THE TOP PLAYERS IN BUILDING MANAGEMENT SYSTEM MARKET, 2016
    • COMPETITIVE SCENARIO
    • VENDOR DIVE OVERVIEW
      • VANGUARDS
      • DYNAMIC
      • INNOVATOR
      • EMERGING
    • COMPETITIVE BENCHMARKING
      • ANALYSIS OF BUSINESS STRATEGY PARAMETERS FOR MAJOR PLAYERS IN BUILDING MANAGEMENT SYSTEM MARKET (25 COMPANIES)
      • ANALYSIS OF PRODUCT OFFERING PARAMETERS FOR MAJOR PLAYERS IN BUILDING MANAGEMENT SYSTEM MARKET (25 COMPANIES)
  • COMPANY PROFILES
    • INTRODUCTION
    • JOHNSON CONTROLS INTERNATIONAL PLC
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HONEYWELL INTERNATIONAL INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS AG
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC SE
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • UNITED TECHNOLOGIES CORP.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • INGERSOLL-RAND PLC
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • DELTA CONTROLS
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • CRESTRON ELECTRONICS, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • BUILDINGIQ, INC.
      • BUSINESS OVERVIEW
      • PRODUCT OFFERING SCORECARD
      • BUSINESS STRATEGY SCORECARD
      • RECENT DEVELOPMENTS
    • STARTUP ECOSYSTEM
      • INTRODUCTION
      • LUCID
      • DISTECH CONTROLS INC.
      • GRIDPOINT, INC.
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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