NEW YORK, July 6, 2022 /PRNewswire/ — An integrated building management system (IBMS) is a solution that is designed to track, control, operate, and centrally manage various systems in a house or building. These systems include lighting, climate control, energy, IT systems, and electromechanical systems such as elevators. An IBMS uses the information from these components to manage the operations of buildings efficiently.
According to the report “Integrated Building Management Systems Market by End-user, Component, and Geography – Forecast and Analysis 2021-2025”, the market witnessed a YOY growth of 11.88% in 2021 and will obtain a CAGR of 12.71% during the forecast period. The market is segmented by end-user (commercial, residential, and government), component (hardware, software, and services), and geography (Europe, APAC, North America, MEA, and South America).
For more insights related to market dynamics. View a Sample Report
The integrated building management systems market is concentrated, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- 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
- Siemens AG
The global IBMS market is characterized by the presence of various vendors, with no parity in terms of size. IBMS is made up of three components, namely hardware, software, and services. The market has many IT giants and electronics companies, which primarily focus on hardware, as well as other regional players that provide IBMS-related services.
Find additional highlights on the growth strategies adopted by vendors and their product offerings. View a Sample Report.
Europe will provide maximum growth opportunities in the integrated building management systems market during the forecast period. According to our research, the region will contribute to 35% of the global market growth during the forecast period. The UK and Germany are the two major markets in Europe. The growing trend of smart buildings, along with the increasing focus on reducing carbon emissions, will drive the integrated building management systems market growth in Europe during the forecast period.
Know more about this market’s geographical distribution along with the detailed analysis of the top regions. View our Report Snapshot
The commercial segment will have significant market share growth during the forecast period. The rapid adoption of advanced technologies in commercial buildings due to the growing functionality and efficiency requirements of modern consumers is leading to significant changes in the CRE industry, thus driving the increasing adoption of IBMS in this segment.
View a Sample: to know additional highlights and key points on various market segments and their impact in coming years.
The ease of monitoring and controlling building operations is driving the integrated building management systems market. IBMS simplifies building operations and maintenance. With the help of IBMS, various subsystems in a building are connected to one centralized system for effective and transparent management. Thus, the installation of IBMS enables building managers to have better control of building operations.
The vulnerability issues and cybersecurity threats are the major challenges hindering the integrated building management systems market growth. The implementation of IBMS is highly complex when compared to traditional systems such as HVAC, lighting, and safety systems. However, there is a high risk of a data breach and physical break-ins. Any breach and unauthorized access to IBMS data can lead to a privacy violation, lower brand loyalty, and result in expensive lawsuits and insurance claims.
Download a sample for highlights on market drivers & challenges impacting the market.
Related Reports:
Online Corporate Meeting Services Market by Application and Geography – Forecast and Analysis 2022-2026
Property Management Software Market by Deployment and Geography – Forecast and Analysis 2022-2026
1 Executive Summary
Integrated Building Management Systems Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 12.71%
Market growth 2021-2025
USD 10 billion
Market structure
Concentrated
YoY growth (%)
11.88
Regional analysis
Europe, APAC, North America, MEA, and South America
Performing market contribution
Europe at 35%
Key consumer countries
US, China, UK, Germany, and India
Competitive landscape
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
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
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
3 Market Sizing
Exhibit 01: Parent market
Exhibit 02: Market characteristics
3.1 Market definition
Exhibit 03: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 04: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 05: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 06: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
Exhibit 03: Offerings of vendors included in the market definition
Exhibit 04: Market segments
Exhibit 05: Global – Market size and forecast 2020 – 2025 ($ billion)
Exhibit 06: Global market: Year-over-year growth 2020 – 2025 (%)
4.1 Five forces summary
Exhibit 07: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 08: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 09: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 10: Threat of new entrants
4.5 Threat of substitutes
Exhibit 11: Threat of substitutes
4.6 Threat of rivalry
Exhibit 12: Threat of rivalry
4.7 Market condition
Exhibit 13: Market condition – Five forces 2020
5 Market Segmentation by End-user
Exhibit 07: Five forces analysis 2020 & 2025
Exhibit 08: Bargaining power of buyers
Exhibit 09: Bargaining power of suppliers
Exhibit 10: Threat of new entrants
Exhibit 11: Threat of substitutes
Exhibit 12: Threat of rivalry
Exhibit 13: Market condition – Five forces 2020
5.1 Market segments
Exhibit 14: End-user – Market share 2020-2025 (%)
5.2 Comparison by End-user
Exhibit 15: Comparison by End-user
5.3 Commercial – Market size and forecast 2020-2025
Exhibit 16: Commercial – Market size and forecast 2020-2025 ($ billion)
Exhibit 17: Commercial – Year-over-year growth 2020-2025 (%)
5.4 Residential – Market size and forecast 2020-2025
Exhibit 18: Residential – Market size and forecast 2020-2025 ($ billion)
Exhibit 19: Residential – Year-over-year growth 2020-2025 (%)
5.5 Government – Market size and forecast 2020-2025
Exhibit 20: Government – Market size and forecast 2020-2025 ($ billion)
Exhibit 21: Government – Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by End-user
Exhibit 22: Market opportunity by End-user
6 Market Segmentation by Component
Exhibit 14: End-user – Market share 2020-2025 (%)
Exhibit 15: Comparison by End-user
Exhibit 16: Commercial – Market size and forecast 2020-2025 ($ billion)
Exhibit 17: Commercial – Year-over-year growth 2020-2025 (%)
Exhibit 18: Residential – Market size and forecast 2020-2025 ($ billion)
Exhibit 19: Residential – Year-over-year growth 2020-2025 (%)
Exhibit 20: Government – Market size and forecast 2020-2025 ($ billion)
Exhibit 21: Government – Year-over-year growth 2020-2025 (%)
Exhibit 22: Market opportunity by End-user
6.1 Market segments
Exhibit 23: Component – Market share 2020-2025 (%)
6.2 Comparison by Component
Exhibit 24: Comparison by Component
6.3 Hardware – Market size and forecast 2020-2025
Exhibit 25: Hardware – Market size and forecast 2020-2025 ($ billion)
Exhibit 26: Hardware – Year-over-year growth 2020-2025 (%)
6.4 Software – Market size and forecast 2020-2025
Exhibit 27: Software – Market size and forecast 2020-2025 ($ billion)
Exhibit 28: Software – Year-over-year growth 2020-2025 (%)
6.5 Services – Market size and forecast 2020-2025
Exhibit 29: Services – Market size and forecast 2020-2025 ($ billion)
Exhibit 30: Services – Year-over-year growth 2020-2025 (%)
6.6 Market opportunity by Component
Exhibit 31: Market opportunity by Component
7 Customer landscape
Exhibit 23: Component – Market share 2020-2025 (%)
Exhibit 24: Comparison by Component
Exhibit 25: Hardware – Market size and forecast 2020-2025 ($ billion)
Exhibit 26: Hardware – Year-over-year growth 2020-2025 (%)
Exhibit 27: Software – Market size and forecast 2020-2025 ($ billion)
Exhibit 28: Software – Year-over-year growth 2020-2025 (%)
Exhibit 29: Services – Market size and forecast 2020-2025 ($ billion)
Exhibit 30: Services – Year-over-year growth 2020-2025 (%)
Exhibit 31: Market opportunity by Component
8 Geographic Landscape
8.1 Geographic segmentation
Exhibit 33: Market share by geography 2020-2025 (%)
8.2 Geographic comparison
Exhibit 34: Geographic comparison
8.3 Europe – Market size and forecast 2020-2025
Exhibit 35: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: Europe – Year-over-year growth 2020-2025 (%)
8.4 APAC – Market size and forecast 2020-2025
Exhibit 37: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 38: APAC – Year-over-year growth 2020-2025 (%)
8.5 North America – Market size and forecast 2020-2025
Exhibit 39: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 40: North America – Year-over-year growth 2020-2025 (%)
8.6 MEA – Market size and forecast 2020-2025
Exhibit 41: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 42: MEA – Year-over-year growth 2020-2025 (%)
8.7 South America – Market size and forecast 2020-2025
Exhibit 43: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 44: South America – Year-over-year growth 2020-2025 (%)
8.8 Key leading countries
Exhibit 45: Key leading countries
8.9 Market opportunity by geography
Exhibit 46: Market opportunity by geography
9 Drivers, Challenges, and Trends
Exhibit 33: Market share by geography 2020-2025 (%)
Exhibit 34: Geographic comparison
Exhibit 35: Europe – Market size and forecast 2020-2025 ($ billion)
Exhibit 36: Europe – Year-over-year growth 2020-2025 (%)
Exhibit 37: APAC – Market size and forecast 2020-2025 ($ billion)
Exhibit 38: APAC – Year-over-year growth 2020-2025 (%)
Exhibit 39: North America – Market size and forecast 2020-2025 ($ billion)
Exhibit 40: North America – Year-over-year growth 2020-2025 (%)
Exhibit 41: MEA – Market size and forecast 2020-2025 ($ billion)
Exhibit 42: MEA – Year-over-year growth 2020-2025 (%)
Exhibit 43: South America – Market size and forecast 2020-2025 ($ billion)
Exhibit 44: South America – Year-over-year growth 2020-2025 (%)
Exhibit 45: Key leading countries
Exhibit 46: Market opportunity by geography
9.1 Market drivers
9.2 Market challenges
9.3 Market trends
10 Vendor Landscape
10.1 Vendor landscape
Exhibit 48: Vendor landscape
10.2 Landscape disruption
Exhibit 49: Landscape disruption
Exhibit 50: Industry risks
10.3 Competitive scenario
11 Vendor Analysis
Exhibit 48: Vendor landscape
Exhibit 49: Landscape disruption
Exhibit 50: Industry risks
11.1 Vendors covered
Exhibit 51: Vendors covered
11.2 Market positioning of vendors
Exhibit 52: Market positioning of vendors
11.3 Azbil Corp.
Exhibit 53: Azbil Corp. – Overview
Exhibit 54: Azbil Corp. – Business segments
Exhibit 55: Azbil Corp. – Key offerings
Exhibit 56: Azbil Corp. – Segment focus
11.4 Carrier Global Corp.
Exhibit 57: Carrier Global Corp. – Overview
Exhibit 58: Carrier Global Corp. – Business segments
Exhibit 59: Carrier Global Corp. – Key offerings
Exhibit 60: Carrier Global Corp. – Segment focus
11.5 Cisco Systems Inc.
Exhibit 61: Cisco Systems Inc. – Overview
Exhibit 62: Cisco Systems Inc. – Business segments
Exhibit 63: Cisco Systems Inc. – Key offerings
Exhibit 64: Cisco Systems Inc. – Segment focus
11.6 Delta Electronics Inc.
Exhibit 65: Delta Electronics Inc. – Overview
Exhibit 66: Delta Electronics Inc. – Business segments
Exhibit 67: Delta Electronics Inc. – Key offerings
Exhibit 68: Delta Electronics Inc. – Segment focus
11.7 Emerson Electric Co.
Exhibit 69: Emerson Electric Co. – Overview
Exhibit 70: Emerson Electric Co. – Business segments
Exhibit 71: Emerson Electric Co. – Key news
Exhibit 72: Emerson Electric Co. – Key offerings
Exhibit 73: Emerson Electric Co. – Segment focus
11.8 Honeywell International Inc.
Exhibit 74: Honeywell International Inc. – Overview
Exhibit 75: Honeywell International Inc. – Business segments
Exhibit 76: Honeywell International Inc. – Key offerings
Exhibit 77: Honeywell International Inc. – Segment focus
11.9 Ingersoll Rand Inc.
Exhibit 78: Ingersoll Rand Inc. – Overview
Exhibit 79: Ingersoll Rand Inc. – Business segments
Exhibit 80: Ingersoll Rand Inc. – Key news
Exhibit 81: Ingersoll Rand Inc. – Key offerings
Exhibit 82: Ingersoll Rand Inc. – Segment focus
11.10 Johnson Controls International Plc
Exhibit 83: Johnson Controls International Plc – Overview
Exhibit 84: Johnson Controls International Plc – Business segments
Exhibit 85: Johnson Controls International Plc – Key news
Exhibit 86: Johnson Controls International Plc – Key offerings
Exhibit 87: Johnson Controls International Plc – Segment focus
11.11 Schneider Electric SE
Exhibit 88: Schneider Electric SE – Overview
Exhibit 89: Schneider Electric SE – Business segments
Exhibit 90: Schneider Electric SE – Key offerings
Exhibit 91: Schneider Electric SE – Segment focus
11.12 Siemens AG
Exhibit 92: Siemens AG – Overview
Exhibit 93: Siemens AG – Business segments
Exhibit 94: Siemens AG – Key offerings
Exhibit 95: Siemens AG – Segment focus
12 Appendix
Exhibit 51: Vendors covered
Exhibit 52: Market positioning of vendors
Exhibit 53: Azbil Corp. – Overview
Exhibit 54: Azbil Corp. – Business segments
Exhibit 55: Azbil Corp. – Key offerings
Exhibit 56: Azbil Corp. – Segment focus
Exhibit 57: Carrier Global Corp. – Overview
Exhibit 58: Carrier Global Corp. – Business segments
Exhibit 59: Carrier Global Corp. – Key offerings
Exhibit 60: Carrier Global Corp. – Segment focus
Exhibit 61: Cisco Systems Inc. – Overview
Exhibit 62: Cisco Systems Inc. – Business segments
Exhibit 63: Cisco Systems Inc. – Key offerings
Exhibit 64: Cisco Systems Inc. – Segment focus
Exhibit 65: Delta Electronics Inc. – Overview
Exhibit 66: Delta Electronics Inc. – Business segments
Exhibit 67: Delta Electronics Inc. – Key offerings
Exhibit 68: Delta Electronics Inc. – Segment focus
Exhibit 69: Emerson Electric Co. – Overview
Exhibit 70: Emerson Electric Co. – Business segments
Exhibit 71: Emerson Electric Co. – Key news
Exhibit 72: Emerson Electric Co. – Key offerings
Exhibit 73: Emerson Electric Co. – Segment focus
Exhibit 74: Honeywell International Inc. – Overview
Exhibit 75: Honeywell International Inc. – Business segments
Exhibit 76: Honeywell International Inc. – Key offerings
Exhibit 77: Honeywell International Inc. – Segment focus
Exhibit 78: Ingersoll Rand Inc. – Overview
Exhibit 79: Ingersoll Rand Inc. – Business segments
Exhibit 80: Ingersoll Rand Inc. – Key news
Exhibit 81: Ingersoll Rand Inc. – Key offerings
Exhibit 82: Ingersoll Rand Inc. – Segment focus
Exhibit 83: Johnson Controls International Plc – Overview
Exhibit 84: Johnson Controls International Plc – Business segments
Exhibit 85: Johnson Controls International Plc – Key news
Exhibit 86: Johnson Controls International Plc – Key offerings
Exhibit 87: Johnson Controls International Plc – Segment focus
Exhibit 88: Schneider Electric SE – Overview
Exhibit 89: Schneider Electric SE – Business segments
Exhibit 90: Schneider Electric SE – Key offerings
Exhibit 91: Schneider Electric SE – Segment focus
Exhibit 92: Siemens AG – Overview
Exhibit 93: Siemens AG – Business segments
Exhibit 94: Siemens AG – Key offerings
Exhibit 95: Siemens AG – Segment focus
12.1 Scope of the report
12.2 Currency conversion rates for US$
Exhibit 96: Currency conversion rates for US$
12.3 Research methodology
Exhibit 97: Research Methodology
Exhibit 98: Validation techniques employed for market sizing
Exhibit 99: Information sources
12.4 List of abbreviations
Exhibit 100: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Exhibit 96: Currency conversion rates for US$
Exhibit 97: Research Methodology
Exhibit 98: Validation techniques employed for market sizing
Exhibit 99: Information sources
Exhibit 100: List of abbreviations
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/integrated-building-management-systems-market-size-to-grow-by-usd-10-billion–35-of-market-growth-to-originate-from-europe–technavio-301580452.html
SOURCE Technavio
Disclaimer: The above press release comes to you under an arrangement with PR Newswire. TheTechOutlook.com takes no editorial responsibility for the same.
