The global building energy management system market is expected to reach a market size of USD 16.92 Billion at a steady CAGR of 11.8% in 2028, according to latest analysis by Emergen Research. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Building Energy Management System market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market. This steady revenue growth can be attributed to increasing government incentives and policies such as tax benefits related to energy efficiency and associated solutions and services.

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The current COVID-19 pandemic is expected to have an effect on the growth of the Building Energy Management System industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. It also offers a current and future assessment of the impact of the pandemic on the Building Energy Management System market. The report provides a thorough estimation of the overall impact of the pandemic on the Building Energy Management System market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market.

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Emergen Research has segmented the global building energy management system market on the basis of components and services, communication, end-use:

• Components and services Outlook (Revenue, USD Billion; 2021–2028)
  • Software
  • Hardware
  • Services
• Communication Outlook (Revenue, USD Billion; 2021–2028)
  • Wired
  • Wireless
• End-use Outlook (Revenue, USD Billion; 2021–2028)
  • Commercial
  • Residential
  • Government

The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Building Energy Management System market. Key players in the market include ABB, Accenture, Cisco Systems, Emerson Electric Co., General Electric, Hitachi Ltd., Honeywell international Inc., IBM, Johnson Controls and Schneider Electric.

Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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