Global Building Analytics
Market Report
2025
The global building analytics market size is USD 11.10 billion in 2024. The building analytics market will show the strongest growth with a compound annual growth rate (CAGR) of 13.3% from 2024 to 2031. This expansion can be attributed to the significant progress in technology.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global building analytics market size is USD 11.10 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 13.3% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Building Analytics Market Sales Revenue 2024 | $ 11.1 Billion |
Global Building Analytics Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.3% |
Market Split by Application |
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Market Split by Component |
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Market Split by Deployment |
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Market Split by Building |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Building Analytics industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Building Analytics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Building analytics is keeping an eye on, managing, and improving different aspects of a building through the use of data gathering, aggregation, and analytical tools. Rising interest in energy-efficient systems and falling operational cost requirements are driving forces in the market. In addition, there is a growing need for effective building analytics due to the proliferation of commercial infrastructure in urban areas, including office buildings, retail malls, and multifamily housing complexes. A rising number of companies are utilizing building analytics to track and control their negative effects on the environment as a result of the rising interest in sustainability. However, the building analytics industry is expected to be constrained by the need for additional spending in order to access building analytics services. One of the limitations of the building analytics business is the need for more awareness of building analytics. Furthermore, there are promising possibilities for market expansion due to government programs and incentives, as well as the expansion of cloud-based IoT systems.
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In April 2024, Johnson Controls, a world leader in smart, healthy, and sustainable buildings, introduced a new line of residential products that are eco-friendly, innovative, and designed to work with the low-GWP refrigerant R-454B. These products will be available for delivery this quarter.
Top Companies Market Share in Building Analytics Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America emerged as the dominant region in the building analytics market due to there has been a surge in interest in energy-efficient solutions, smart home demand, supportive government policies, and investments in smart systems that operate in the cloud to monitor building management. Further, market revenue growth in this region is driven in part by the presence of significant businesses and technological advancements in IoT and sensors. Another factor fueling the market’s expansion is the concentration of large competitors in the area, all of whom are investing heavily in R&D to find effective solutions for building analytics in this region.
Asia-Pacific stands out as the fastest-growing region in the building analytics market because of the expanding populations of countries like India and China, as well as the substantial investments made by governments in industries like manufacturing and construction. The regional governments are actively promoting the use of building analytics solutions through smart city projects and sustainability efforts. In addition, regional and global companies are investing in the area and implementing new technology. The region’s growing information technology infrastructure and connections create the groundwork for the implementation of building analytics systems and key companies involved in the building analytics market.
The current report Scope analyzes Building Analytics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Building Analytics Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Building Analytics Industry growth. Building Analytics market has been segmented with the help of its Application, Component Deployment, and others. Building Analytics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Building Analytics market.
Application of Building Analytics analyzed in this report are as follows:
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According to cognitive market research, software is the dominant category owing to software that can evaluate data from different building systems to forecast impending breakdowns. Because of this, preventive maintenance can be done, cutting down on downtime, extending the life of equipment, and lowering repair expenses. Weather conditions, including humidity, temperature, and air quality, can be tracked and studied with the use of building analytics software.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile & Transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
The Global Building Analytics Market is witnessing significant growth in the near future.
In 2023, the Fault Detection and Monitoring segment accounted for noticeable share of global Building Analytics Market and is projected to experience significant growth in the near future.
The Software segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Honeywell International Inc. (US) , Johnson Controls International Plc. (Ireland) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
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Application | Fault Detection and Monitoring, Energy Management, Security Management, Emergency Management, Parking Management, Operations Management, Elevators and Escalators Management, Network Management, Others |
Component | Software, Services |
Deployment | On-premises, Cloud |
Building | Manufacturing Facilities, Residential Buildings, Commercial Buildings, Public Places, Government Buildings, Others |
List of Competitors | Honeywell International Inc. (US), International Business Machines Corporation (US), Johnson Controls International Plc. (Ireland), Schneider Electric SE (France), General Electric Company (US), Siemens AG (Germany), ENGIE Insight Services Inc. (France), Lucid (US), EnerNOC, Inc. (US), BuildingIQ (US), ICONICS, Inc. (US), Senseware (US), KGS Buildings, LLC (US), BuildingLogiX (US), Lutron Electronics Co., Inc. (US), CopperTree Analytics, Inc. (Canada), EcoVox, Inc. (US), GridPoint (US), Energy Advantage (US), Delta Electronics Industry Co., Ltd. (Taiwan), BuildPulse (US), Crestron Electronics, Inc. (US), PointGrab Inc. (Israel), Verdigris (US), NOVEDA Technologies, Inc. (US). |
This chapter will help you gain GLOBAL Market Analysis of Building Analytics. Further deep in this chapter, you will be able to review Global Building Analytics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Building Analytics. Further deep in this chapter, you will be able to review North America Building Analytics Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Building Analytics. Further deep in this chapter, you will be able to review Europe Building Analytics Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Building Analytics. Further deep in this chapter, you will be able to review Asia Pacific Building Analytics Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Building Analytics. Further deep in this chapter, you will be able to review South America Building Analytics Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Building Analytics. Further deep in this chapter, you will be able to review Middle East and Africa Building Analytics Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Building Analytics. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Component Analysis 2019 -2031
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Chapter 12 Market Split by Deployment Analysis 2019 -2031
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Chapter 13 Market Split by Building Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Building Analytics market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Fault Detection and Monitoring have a significant impact on Building Analytics market? |
What are the key factors affecting the Fault Detection and Monitoring and Energy Management of Building Analytics Market? |
What is the CAGR/Growth Rate of Software during the forecast period? |
By type, which segment accounted for largest share of the global Building Analytics Market? |
Which region is expected to dominate the global Building Analytics Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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