Building Automation Software Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Aug 2023 Pages: 179 SKU: IRTNTR44182

Building Automation Software Market Analysis Report 2023-2027:

The building automation software market size is estimated to grow at a CAGR of 14.22% between 2022 and 2027. The market size is forecast to increase by USD 25.46 billion. The growth of the market depends on several factors, including the growing need for building automation to enhance business outcomes, the stringent government regulations on energy consumption in buildings, and the growing demand for energy efficiency and sustainability in buildings. Building automation software enables all systems in a building, including HVAC, lighting, electricity, security, and protection systems, to communicate on a single platform and deliver relevant information to the control system, allowing buildings to operate smartly while enhancing the overall comfort, safety, and productivity levels of occupants.

This building automation software market report extensively covers market segmentation by product (BMS software and standalone building automation software), end-user (commercial, industrial, and others), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Building Automation Software Market During the Forecast Period?

To learn more about this report, View Report Sample

Building Automation Software Market Overview

Driver

The growing need for building automation to enhance business outcomes is driving growth in the building automotive software market. The development of automation software has several advantages. This software allows industrial, residential, and commercial buildings to manage, control, and operate the functioning of their buildings easily and more efficiently.

However, in light of these benefits, building automation has become an integral aspect of businesses these days. By making it easier to manage energy efficiently, the adoption of software for building automation has a major impact on organizations' cost savings. In addition, being an inevitable component of building automation, building automation software will experience a surge in demand from business enterprises during the forecast period, thereby driving the growth of the global building automation software market during the forecast period.

Trends

The centralized remote control of building automation software through mobile devices is a key trend in the building automotive software market.  The rapid development of the centralized remote control system via a mobile device has benefited most commercial and residential users. Vendors are also trying to develop wireless hubs that can transmit and receive signals using the remote control to another system. 

Moreover, the rising adoption of smart devices provides a growth indication for mobile application-based home or office automation systems at remote locations. For providing software on both Web and mobile applications, a lot of vendors are charging different rates, creating additional revenue for the global building automation software market and thereby driving the growth of the global building automation software market during the forecast period.

Restrain

The vulnerability and cybersecurity threat issues a major challenges in the building automotive software market.  It is much more difficult to implement building automation software, compared with conventional systems in a building, such as lighting, safety, and security. As the infrastructure in a building increases, the precise integration of software that performs different functions poses a challenge. If this integration is not completed, then software could be exposed to a wide range of physical and cyber threats.

Moreover, the building automation software provides an interface for all the hardware within a building, and if hackers attempt to break one system of the network, they can have an impact on others and cause a disastrous crash in the entire network. The growing adoption of building automation software poses the risk of security breaches, which may hinder the growth of the global building automation software market during the forecast period.

Building Automation Software Market Segmentation By Product

The market share growth by the BMS software segment will be significant during the forecast period. BMS software system majorly dominates the overall market share for building automation software, as BMS software provides comprehensive solutions for building automation, along with powerful analytics tools. Furthermore, in North America and Europe, business buildings are the main drivers of this market.

Get a glance at the market contribution of various segments View Free  PDF Sample

The BMS software segment showed a gradual increase in the market share of USD 10.48 billion in 2017 and continued to grow by 2021BMS software is largely used in retail and office buildings. In view of the growing demand for safe, secure, and comfortable working environments, office buildings are expected to make up a significant part of this segment. Similarly, in manufacturing units, there is an increased demand for automated facility management to achieve efficient energy management. Therefore, building automation software enables industries to record, monitor, and control their energy usage in real-time.

Building Automation Software Market Segmentation By End-user

The global building automation software market in commercial buildings will exhibit appreciated growth during the forecast period, owing to multiple building owners adopting building automation systems in their facilities. Investing in more effective solutions and technologies has always been a priority for the owners of buildings, who seek to minimize energy consumption, operational costs, and maintenance costs. The growing use of technologies, such as sensor-enabled building management systems, also increases the risk of cyberattacks. Any unauthorized access to any sensitive data that is stored in a commercial building, such as a bank, can cause financial, legal, and reputational damage to vendors as well as end-users. These factors will drive the growth of the commercial segment of global building automation software during the forecast period.

Regional Overview

For more insights on the market share of various regions Download PDF Sample now!

APAC is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The APAC market experienced the least adoption of building automation software in the last decade due to a lack of supporting infrastructure and low spending capabilities among people. Moreover, building automation software being new to the region, faced intense challenges due to its high price. Countries such as Japan, China, and Australia experienced relatively higher growth in APAC due to a high level of awareness and a flourishing economy.

In addition, the regulatory framework in the region is also becoming more stringent as various countries are taking steps to make the relevant legislation more stringent. These regulations are compelling building operators and owners to install building automation software in order to meet their energy and sustainability targets. Thus, the above factors will increase the market growth in this region during he forecast period.

The outbreak of COVID-19 in 2020 led to a decline in the demand for building automation software in APAC. However, investments in smart city projects steadily declined during H1 2020. This disrupted the regional market's growth. Employees of many companies have started working from home permanently due to the COVID-19 pandemic. Demand for software to manage buildings will increase as construction projects are developed, which, in turn, will boost the growth of the regional building automation software market during the forecast period.

Building Automation Software Market Customer Landscape

The Building Automation Software Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Building Automation Software Market Customer Landscape

Who are the Major Building Automation Software Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

ABB Ltd. - The company offers building automation software such as the ABB-free Home Next app with my Buildings remote access, connects the app to the ABB-free@home system via the Internet, and conveniently controls the house from anywhere.

Advantech Co. Ltd. - The company offers building automation software such as webAccess HMI SCADA software this helps intelligent buildings to enhance energy efficiency and cost saving.

Beckhoff Automation GmbH and Co. KG - The company offers various products such as industrial PCs, I and O and fieldbus components, drive technology, and automation software.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • BuildingLogiX
  • Cisco Systems Inc.
  • Delta Electronics Inc.
  • Emerson Electric Co.
  • EUROICC
  • General Electric Co.
  • Hitachi Ltd.
  • Honeywell International Inc.
  • Ingersoll Rand Inc.
  • Johnson Controls International Plc
  • Lennox International Inc.
  • Lutron Electronics Co. Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The building automation software market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Billion, 2017 - 2027)
    • BMS software
    • Standalone building automation software
  • End-user Outlook (USD Billion, 2017 - 2027)
    • Commercial
    • Industrial
    • Others
  • Region Outlook (USD Billion, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Argentina
      • Brazil

Building Automation Software Market Scope

Report Coverage

Details

Page number

179

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 14.22%

Market growth 2023-2027

USD 25.46 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

14.02

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 37%

Key countries

US, China, India, Germany, and the UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Advantech Co. Ltd., Beckhoff Automation GmbH and Co. KG, BuildingLogiX, Cisco Systems Inc., Delta Electronics Inc., Emerson Electric Co., EUROICC, General Electric Co., Hitachi Ltd., Honeywell International Inc., Ingersoll Rand Inc., Johnson Controls International Plc, Lennox International Inc., Lutron Electronics Co. Inc., Raytheon Technologies Corp., Robert Bosch GmbH, Rockwell Automation Inc., 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, and 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.

View PDF Sample

What are the Key Data Covered in this Building Automation Software Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across APAC, Europe, North America, South America, and the Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global building automation software market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global building automation software market 2017 - 2021 ($ billion)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ billion)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 BMS software - Market size and forecast 2022-2027
      • Exhibit 34: Chart on BMS software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 35: Data Table on BMS software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 36: Chart on BMS software - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on BMS software - Year-over-year growth 2022-2027 (%)
    • 6.4 Standalone building automation software - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Standalone building automation software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 39: Data Table on Standalone building automation software - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 40: Chart on Standalone building automation software - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Standalone building automation software - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Product ($ billion)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 46: Chart on Comparison by End-user
      • Exhibit 47: Data Table on Comparison by End-user
    • 7.3 Commercial - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 49: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 50: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 7.4 Industrial - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Industrial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 53: Data Table on Industrial - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 54: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 7.5 Others - Market size and forecast 2022-2027
      • Exhibit 56: Chart on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 57: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 58: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 59: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by End-user
      • Exhibit 60: Market opportunity by End-user ($ billion)
      • Exhibit 61: Data Table on Market opportunity by End-user ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 65: Chart on Geographic comparison
      • Exhibit 66: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 79: Chart on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 80: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 81: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 India - Market size and forecast 2022-2027
      • Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 103: Chart on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 104: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
      • Exhibit 105: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 106: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 107: Market opportunity by geography ($ billion)
      • Exhibit 108: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 115: ABB Ltd. - Overview
              • Exhibit 116: ABB Ltd. - Business segments
              • Exhibit 117: ABB Ltd. - Key offerings
              • Exhibit 118: ABB Ltd. - Segment focus
            • 12.4 Advantech Co. Ltd.
              • Exhibit 119: Advantech Co. Ltd. - Overview
              • Exhibit 120: Advantech Co. Ltd. - Business segments
              • Exhibit 121: Advantech Co. Ltd. - Key offerings
              • Exhibit 122: Advantech Co. Ltd. - Segment focus
            • 12.5 Beckhoff Automation GmbH and Co. KG
              • Exhibit 123: Beckhoff Automation GmbH and Co. KG - Overview
              • Exhibit 124: Beckhoff Automation GmbH and Co. KG - Product / Service
              • Exhibit 125: Beckhoff Automation GmbH and Co. KG - Key offerings
            • 12.6 BuildingLogiX
              • Exhibit 126: BuildingLogiX - Overview
              • Exhibit 127: BuildingLogiX - Product / Service
              • Exhibit 128: BuildingLogiX - Key offerings
            • 12.7 Cisco Systems Inc.
              • Exhibit 129: Cisco Systems Inc. - Overview
              • Exhibit 130: Cisco Systems Inc. - Business segments
              • Exhibit 131: Cisco Systems Inc. - Key news
              • Exhibit 132: Cisco Systems Inc. - Key offerings
              • Exhibit 133: Cisco Systems Inc. - Segment focus
            • 12.8 Delta Electronics Inc.
              • Exhibit 134: Delta Electronics Inc. - Overview
              • Exhibit 135: Delta Electronics Inc. - Business segments
              • Exhibit 136: Delta Electronics Inc. - Key offerings
              • Exhibit 137: Delta Electronics Inc. - Segment focus
            • 12.9 Emerson Electric Co.
              • Exhibit 138: Emerson Electric Co. - Overview
              • Exhibit 139: Emerson Electric Co. - Business segments
              • Exhibit 140: Emerson Electric Co. - Key news
              • Exhibit 141: Emerson Electric Co. - Key offerings
              • Exhibit 142: Emerson Electric Co. - Segment focus
            • 12.10 General Electric Co.
              • Exhibit 143: General Electric Co. - Overview
              • Exhibit 144: General Electric Co. - Business segments
              • Exhibit 145: General Electric Co. - Key news
              • Exhibit 146: General Electric Co. - Key offerings
              • Exhibit 147: General Electric Co. - Segment focus
            • 12.11 Hitachi Ltd.
              • Exhibit 148: Hitachi Ltd. - Overview
              • Exhibit 149: Hitachi Ltd. - Business segments
              • Exhibit 150: Hitachi Ltd. - Key news
              • Exhibit 151: Hitachi Ltd. - Key offerings
              • Exhibit 152: Hitachi Ltd. - Segment focus
            • 12.12 Honeywell International Inc.
              • Exhibit 153: Honeywell International Inc. - Overview
              • Exhibit 154: Honeywell International Inc. - Business segments
              • Exhibit 155: Honeywell International Inc. - Key news
              • Exhibit 156: Honeywell International Inc. - Key offerings
              • Exhibit 157: Honeywell International Inc. - Segment focus
            • 12.13 Johnson Controls International Plc
              • Exhibit 158: Johnson Controls International Plc - Overview
              • Exhibit 159: Johnson Controls International Plc - Business segments
              • Exhibit 160: Johnson Controls International Plc - Key news
              • Exhibit 161: Johnson Controls International Plc - Key offerings
              • Exhibit 162: Johnson Controls International Plc - Segment focus
            • 12.14 Robert Bosch GmbH
              • Exhibit 163: Robert Bosch GmbH - Overview
              • Exhibit 164: Robert Bosch GmbH - Business segments
              • Exhibit 165: Robert Bosch GmbH - Key news
              • Exhibit 166: Robert Bosch GmbH - Key offerings
              • Exhibit 167: Robert Bosch GmbH - Segment focus
            • 12.15 Rockwell Automation Inc.
              • Exhibit 168: Rockwell Automation Inc. - Overview
              • Exhibit 169: Rockwell Automation Inc. - Business segments
              • Exhibit 170: Rockwell Automation Inc. - Key news
              • Exhibit 171: Rockwell Automation Inc. - Key offerings
              • Exhibit 172: Rockwell Automation Inc. - Segment focus
            • 12.16 Schneider Electric SE
              • Exhibit 173: Schneider Electric SE - Overview
              • Exhibit 174: Schneider Electric SE - Business segments
              • Exhibit 175: Schneider Electric SE - Key news
              • Exhibit 176: Schneider Electric SE - Key offerings
              • Exhibit 177: Schneider Electric SE - Segment focus
            • 12.17 Siemens AG
              • Exhibit 178: Siemens AG - Overview
              • Exhibit 179: Siemens AG - Business segments
              • Exhibit 180: Siemens AG - Key news
              • Exhibit 181: Siemens AG - Key offerings
              • Exhibit 182: Siemens AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 183: Inclusions checklist
                • Exhibit 184: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 185: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 186: Research methodology
                • Exhibit 187: Validation techniques employed for market sizing
                • Exhibit 188: Information sources
              • 13.5 List of abbreviations
                • Exhibit 189: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              building automation software market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis