Building Analytics Market By Reports And Data
                     Building Analytics Market To 
Reach USD 15.21 Billion By 2026
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       Market  Summary
Increased demand for energy-efficient systems and decreasing 
operational cost is propelling the market growth.
Market Size – USD 5.46 Billion in 2018, Market Growth - CAGR of 
13.7%, Market Trends – Building analytic solutions in stadiums, 
monument buildings, airports, and railway stations.
The Global Building Analytics market is forecast to reach USD 
15.21 Billion by 2026, according to a new report by Reports and 
Data. Building analytics is essential for enhancing the building 
infrastructure in terms of energy, comfort, security, and overall 
development. In general, it deliver automated fault detection 
and diagnosis, and real-time performance monitoring for smart-
buildings. With rapid industrialization and urbanization, the need 
for constructing various structures is in high demand, which in 
turn is driving the global demand for the market. The key market 
players are rapidly developing user-friendly solutions, which is 
projected to drastically increase the need for building analytics 
solutions in the forecast period.
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The above-mentioned factors create opportunities for market growth, while factors such as high cost of 
implementation of these solutions pose limitations in the market. However, each factor would have a 
definite impact on the market during the forecast period. Consistent advancements in the information & 
communication technology market owing to innovative efforts have enhanced the efficiency of building 
analytics market.
The Asia Pacific is a key region for the building analytics market and is projected to grow at a significant 
rate during the forecast period. The growing population, especially in India and China and hefty 
governmental investment in the manufacturing and construction sector, is anticipated to drive the demand 
for the market in the region. These countries consist of over 40% population across the globe, and the 
application of building analytics in this region will grow at a very high rate. 
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Key participants include Schneider Electric, Johnson Controls, IBM, Honeywell, Siemens, General Electric, 
BuildingIQ, ICONICS, CopperTree Analytics, and Delta Electronics, among others.
For the purpose of this report, Reports and Data have segmented into the global Building Analytics market 
on the basis of component, building type, deployment type, application, and region:
Component Outlook (Revenue, USD Billion; 2016-2026)
•Software
•Service
Building Type Outlook (Revenue, USD Billion; 2016-2026)
•Manufacturing Facilities
•Residential Buildings
•Commercial Buildings
•Public Places
•Government Buildings
•Others
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Deployment Type Outlook (Revenue, USD Billion; 2016-2026)
•On-premise
•Cloud
Applications Outlook (Revenue, USD Billion; 2016-2026)
•Fault Detection and Monitoring
•Energy Management
•Security Management
•Parking Management
•Emergency Management
•Others
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
•North America
•Europe
•Asia Pacific
•MEA
•Latin America
View press release for more information @ https://
www.globenewswire.com/news-release/2020/03/05/1996082/0/en/Building-Analytics-Market
-To-Reach-USD-15-21-Billion-By-2026-Reports-And-Data.html
About Us
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