According to Goldstein Research, “Emergence of IoT coupled with growing need to curb green house emission and to reduce energy consumption by buildings is one of the key factors driving the growth of building energy management system market all across the globe." Technological advancements such as cloud computing is also gradually entering the BEMS market. Most of the building energy management solutions are now being offered as software-as-a-service (SaaS), which allows enterprises to access information from any location and lowering the cost and effort of implementation of building energy management systems. Building energy management system market segmentation has been carried out on the basis of components and end users. End users segment is further bifurcated into Commercial, industrial and residential. Commercial offices are the fastest growing end users segment and accounted for the highest revenue share in 2016 with more than 45% revenue share in global building energy management system market owing to large scale implementation of energy management systems by large enterprises majorly in Europe and North America. The global building energy management system market is projected to reach USD 9.2 billion by 2024, majorly driven by the regulatory pressure from the different regional governments to curb the green house gas emission and energy wastage in buildings. Further, the market is likely to expand at a CAGR of 16.0% over the forecast period i.e. 2016-2024. Geographically, Korea has a major share in building energy management market compared to the other developing countries in Asia Pacific region owing to growing industrialization and energy requirements in the country. Korea is followed by the Japan, where adoption of BEMS and industrial energy management system (IEMS) is observed. Presently, IEMS accounted for the highest revenue generation in Asia Pacific region followed by BEMS.

Browse full market report@ https://www.goldsteinresearch.com/report/building-energy-management-system-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Market Segmentation
• By Component Type
o Communication Networks
o Software
o Hardware
• Control Systems
• Sensors
• Other
• By End Users
o Commercial
o Industrial
o Residential
• By Geography
o North America (US, Canada)
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe)
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa)
o Latin America (Brazil, Mexico and Rest of Latin America)
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific)
o Rest of the World


“Global Building Energy Management System Market Outlook 2024” contains detailed overview of the global building energy management system market in terms of market segmentation by components type and by end users.
Further, for the in-depth analysis, building energy management system market report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

Global Building Energy Management System Market Report also provides competitive outlook of some of the major players which includes profiling of companies such as IBM Corp., Siemens AG, Schneider Electric, Honeywell International Inc., Cisco, Eaton, General Electric Company, Johnson Controls Inc., CA Technologies Ecova Inc. etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents comprehensive synopsis on the global building energy management system market trends that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

Send Us Sample Request@ https://www.goldsteinresearch.com/request-sample/building-energy-management-system-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts. Our analysts working on latest energy and resources industry market reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Request for TOC@ https://www.goldsteinresearch.com/toc-request/building-energy-management-system-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

Contact for more Info:
Mark Twain
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627
[email protected]
www.goldsteinresearch.com