Smart building software contain a sophisticated control system that controls buildings operation such as ventilation, air conditioning, heating, lighting, and other systems, consisting of sensors, actuators, and microchips. The market gains traction as these buildings offer capabilities to lower operational costs, tenant management, security management, and building performance management.
MARKET DYNAMICS
Rising adoption of IoT-enabled BMS is driving the growth of the smart building software market. However, the high cost of implementation may restrain the growth of the smart building software market. Furthermore, the rise in the smart city across the globe is anticipated to create market opportunity for the smart building software market during the forecast period.
MARKET SCOPE
The "Global Smart Building Software Market Analysis To 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The smart building software market report aims to provide an overview of the smart building software market with detailed market segmentation by product type, application, and geography. The global smart building software market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading smart building software market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global smart building software market is segmented on the basis of product type and application. Based on product type, the smart building software market is segmented into: configuring, managing, and monitoring. On the basis of application, the smart building software market is segmented into: building operators, managers, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart building software market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart building software market by each region is later sub-segmented by respective countries and segments. The smart building software market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the smart building software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the smart building software market in these regions.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart building software market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart building software market by each region is later sub-segmented by respective countries and segments. The smart building software market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the smart building software market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the smart building software market in these regions.
MARKET PLAYERS
The reports cover key developments in the smart building software market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from smart building software market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the smart building software market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the smart building software market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Acuity Brands, Inc.
- Buddy Technologies Limited
- ComfortClick Building Automation
- Compta Emerging Business
- ecobee
- Entelec Control Systems
- Facility Solutions Group
- GridPoint
- IBM Corporation
- Siemens AG
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Building Software Market - By Product Type
1.3.2 Smart Building Software Market - By Application
1.3.3 Smart Building Software Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SMART BUILDING SOFTWARE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SMART BUILDING SOFTWARE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SMART BUILDING SOFTWARE MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART BUILDING SOFTWARE - GLOBAL MARKET OVERVIEW
6.2. SMART BUILDING SOFTWARE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SMART BUILDING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. CONFIGURING
7.3.1. Overview
7.3.2. Configuring Market Forecast and Analysis
7.4. MANAGING
7.4.1. Overview
7.4.2. Managing Market Forecast and Analysis
7.5. MONITORING
7.5.1. Overview
7.5.2. Monitoring Market Forecast and Analysis
8. SMART BUILDING SOFTWARE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. BUILDING OPERATORS
8.3.1. Overview
8.3.2. Building Operators Market Forecast and Analysis
8.4. MANAGERS
8.4.1. Overview
8.4.2. Managers Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. SMART BUILDING SOFTWARE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Smart Building Software Market Overview
9.1.2 North America Smart Building Software Market Forecasts and Analysis
9.1.3 North America Smart Building Software Market Forecasts and Analysis - By Product Type
9.1.4 North America Smart Building Software Market Forecasts and Analysis - By Application
9.1.5 North America Smart Building Software Market Forecasts and Analysis - By Countries
9.1.5.1 United States Smart Building Software Market
9.1.5.1.1 United States Smart Building Software Market by Product Type
9.1.5.1.2 United States Smart Building Software Market by Application
9.1.5.2 Canada Smart Building Software Market
9.1.5.2.1 Canada Smart Building Software Market by Product Type
9.1.5.2.2 Canada Smart Building Software Market by Application
9.1.5.3 Mexico Smart Building Software Market
9.1.5.3.1 Mexico Smart Building Software Market by Product Type
9.1.5.3.2 Mexico Smart Building Software Market by Application
9.2. EUROPE
9.2.1 Europe Smart Building Software Market Overview
9.2.2 Europe Smart Building Software Market Forecasts and Analysis
9.2.3 Europe Smart Building Software Market Forecasts and Analysis - By Product Type
9.2.4 Europe Smart Building Software Market Forecasts and Analysis - By Application
9.2.5 Europe Smart Building Software Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Smart Building Software Market
9.2.5.1.1 Germany Smart Building Software Market by Product Type
9.2.5.1.2 Germany Smart Building Software Market by Application
9.2.5.2 France Smart Building Software Market
9.2.5.2.1 France Smart Building Software Market by Product Type
9.2.5.2.2 France Smart Building Software Market by Application
9.2.5.3 Italy Smart Building Software Market
9.2.5.3.1 Italy Smart Building Software Market by Product Type
9.2.5.3.2 Italy Smart Building Software Market by Application
9.2.5.4 United Kingdom Smart Building Software Market
9.2.5.4.1 United Kingdom Smart Building Software Market by Product Type
9.2.5.4.2 United Kingdom Smart Building Software Market by Application
9.2.5.5 Russia Smart Building Software Market
9.2.5.5.1 Russia Smart Building Software Market by Product Type
9.2.5.5.2 Russia Smart Building Software Market by Application
9.2.5.6 Rest of Europe Smart Building Software Market
9.2.5.6.1 Rest of Europe Smart Building Software Market by Product Type
9.2.5.6.2 Rest of Europe Smart Building Software Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Smart Building Software Market Overview
9.3.2 Asia-Pacific Smart Building Software Market Forecasts and Analysis
9.3.3 Asia-Pacific Smart Building Software Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Smart Building Software Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Smart Building Software Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Smart Building Software Market
9.3.5.1.1 Australia Smart Building Software Market by Product Type
9.3.5.1.2 Australia Smart Building Software Market by Application
9.3.5.2 China Smart Building Software Market
9.3.5.2.1 China Smart Building Software Market by Product Type
9.3.5.2.2 China Smart Building Software Market by Application
9.3.5.3 India Smart Building Software Market
9.3.5.3.1 India Smart Building Software Market by Product Type
9.3.5.3.2 India Smart Building Software Market by Application
9.3.5.4 Japan Smart Building Software Market
9.3.5.4.1 Japan Smart Building Software Market by Product Type
9.3.5.4.2 Japan Smart Building Software Market by Application
9.3.5.5 South Korea Smart Building Software Market
9.3.5.5.1 South Korea Smart Building Software Market by Product Type
9.3.5.5.2 South Korea Smart Building Software Market by Application
9.3.5.6 Rest of Asia-Pacific Smart Building Software Market
9.3.5.6.1 Rest of Asia-Pacific Smart Building Software Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Smart Building Software Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Smart Building Software Market Overview
9.4.2 Middle East and Africa Smart Building Software Market Forecasts and Analysis
9.4.3 Middle East and Africa Smart Building Software Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Smart Building Software Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Smart Building Software Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Smart Building Software Market
9.4.5.1.1 South Africa Smart Building Software Market by Product Type
9.4.5.1.2 South Africa Smart Building Software Market by Application
9.4.5.2 Saudi Arabia Smart Building Software Market
9.4.5.2.1 Saudi Arabia Smart Building Software Market by Product Type
9.4.5.2.2 Saudi Arabia Smart Building Software Market by Application
9.4.5.3 U.A.E Smart Building Software Market
9.4.5.3.1 U.A.E Smart Building Software Market by Product Type
9.4.5.3.2 U.A.E Smart Building Software Market by Application
9.4.5.4 Rest of Middle East and Africa Smart Building Software Market
9.4.5.4.1 Rest of Middle East and Africa Smart Building Software Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Smart Building Software Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Smart Building Software Market Overview
9.5.2 South and Central America Smart Building Software Market Forecasts and Analysis
9.5.3 South and Central America Smart Building Software Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Smart Building Software Market Forecasts and Analysis - By Application
9.5.5 South and Central America Smart Building Software Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Smart Building Software Market
9.5.5.1.1 Brazil Smart Building Software Market by Product Type
9.5.5.1.2 Brazil Smart Building Software Market by Application
9.5.5.2 Argentina Smart Building Software Market
9.5.5.2.1 Argentina Smart Building Software Market by Product Type
9.5.5.2.2 Argentina Smart Building Software Market by Application
9.5.5.3 Rest of South and Central America Smart Building Software Market
9.5.5.3.1 Rest of South and Central America Smart Building Software Market by Product Type
9.5.5.3.2 Rest of South and Central America Smart Building Software Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. SMART BUILDING SOFTWARE MARKET, KEY COMPANY PROFILES
11.1. ACUITY BRANDS, INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BUDDY TECHNOLOGIES LIMITED
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. COMFORTCLICK BUILDING AUTOMATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. COMPTA EMERGING BUSINESS
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ECOBEE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. ENTELEC CONTROL SYSTEMS
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. FACILITY SOLUTIONS GROUP
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. GRIDPOINT
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. IBM CORPORATION
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SIEMENS AG
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Acuity Brands, Inc.
2. Buddy Technologies Limited
3. ComfortClick Building Automation
4. Compta Emerging Business
5. ecobee
6. Entelec Control Systems
7. Facility Solutions Group
8. GridPoint
9. IBM Corporation
10. Siemens AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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