Connected Building Market was valued at US$ 109.65 Bn. in 2022. The Global Connected Building Market size is estimated to grow at a CAGR of 10.9% over the forecast period.
Connected Building Market Overview
The industry overview gives thorough details about the size of the market all the market dynamics including strategies, market revenue, pricing analysis, micro and macro market trends and scenarios & Industry benchmarks. The region wise consumer preference, market size & Industrial rivalry is also covered in detailed
Connected Building Market Report Scope and Research Methodology
The Connected Building Market size for individual segments were determined through various secondary sources including industry associations, white papers, and journals. Surveys, administering questionnaires and telephonic interviews with Connected Building industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. The PESTLE analysis was used to understand the potential impact of the micro-economic and macro-economic factors affecting the Connected Building Market.
Dedicated study of the rivalry in the industry is covered, which includes market leaders, followers, and new entrants. Extensive primary research was conducted to acquire information and verify and confirm the crucial numbers arrived at after comprehensive Connected Building market engineering and calculations for market statistics; market size estimations, market forecasts, market breakdown and data triangulation. The secondary data was collected from the company’s annual reports, articles, paid and free databases, etc. To estimate the regional and global Connected Building market size, the bottom-up approach was used.
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Connected Building Market Regional Insights
The regional analytics cover North America, South America, Asia Pacific, Europe & Middle East and Africa. The report includes a detailed explanation of market size, trends, competition & adoption of technology region wise.
Connected Building Market Segmentation
The Connected Building Market is divided into Device, Connectivity, and Application Management segments based on Platform. In 2021, the Connectivity sector held the most market share. With connectivity, there is a huge opportunity and much to gain for both established infrastructure corporations and new tech-focused players, but they must move swiftly. Competitors who wait may never make up the lost ground since several players are currently vying to become industry leaders in connected buildings. By 2029, the building controls industry is anticipated to grow by more than $26 billion yearly, creating a sizable opportunity for those involved in the building infrastructure.
The Manufacturing, IT & Telecom, BFSI, Residential, Healthcare, and Others segments of the Connected Building Market are based on End-user. The IT and Telecom segment held the most market share in 2021, and it will continue to do so during the anticipated time period. In the IT and telecom industries, modernization and software are fueling rapid growth. This technology also decreases energy use, boosts building efficiency, forecasts maintenance, boosts productivity, and makes better use of resources. Due to the technological advantages in terms of time and effort savings, 5G networks and cloud computing are grabbing the attention of end users.
Connected Building Market Key Players :
• Rockwell Automation, Inc.
• Jacobs
• Tech Mahindra Limited
• Infosys Limited
• Capgemini Service SAS
• Fujitsu
• Bain & Company
• General Electric
• Constellation Research Inc.
• Enghouse Interactive
• CBT Company
• Wipro Limited
• Bosch Software Innovations GmbH
• Intel Corporation
• IBM Corporation
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Table Of content :
1. Global Connected Building Market Size: Research Methodology
2. Global Connected Building Market Size: Executive Summary
2.1. Market Overview and Definitions
2.1.1. Introduction to Global Connected Building Market Size
2.2. Summary
2.2.1. Key Findings
2.2.2. Recommendations for Investors
2.2.3. Recommendations for Market Leaders
2.2.4. Recommendations for New Market Entry
3. Global Connected Building Market Size: Competitive Analysis
3.1. MMR Competition Matrix
3.1.1. Market Structure by region
3.1.2. Competitive Benchmarking of Key Players
3.2. Consolidation in the Market
3.2.1 M&A by region
3.3. Key Developments by Companies
3.4. Market Drivers
3.5. Market Restraints
3.6. Market Opportunities
3.7. Market Challenges
3.8. Market Dynamics
3.9. PORTERS Five Forces Analysis
3.10. PESTLE
3.11. Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
3.12. COVID-19 Impact
4. Global Connected Building Market Size Segmentation
4.1. Global Connected Building Market Size, by Platform(2022-2029)
• Device
• Connectivity
• Application Management
4.2. Global Connected Building Market Size, by Service(2022-2029)
• Business Process Management
• Customer Engagement
• Maintenance and support
• Deployment and Integration Services
4.3. Global Connected Building Market Size, by End-user(2022-2029)
• Manufacturing
• IT & Telecom
• BFSI
• Residential
• Healthcare
• Others
5. North America Connected Building Market (2022-2029)
5.1. North America Connected Building Market Size, by Platform(2022-2029)
• Device
• Connectivity
• Application Management
5.2. North America Connected Building Market Size, by Service(2022-2029)
• Business Process Management
• Customer Engagement
• maintenance and Support
• Deployment and Integration Services
5.3. North America Connected Building Market Size, by End-user(2022-2029)
• Manufacturing
• IT & Telecom
• BFSI
• Residential
• Healthcare
• Others
5.4. North America Connected Building Market, by Country (2022-2029)
• United States
• Canada
• Mexico
Key questions answered in the Connected Building Market are:
- What is Identity Verification?
- What are the global trends in the Connected Building Market?
- What was the Connected Building Total Market size in 2022?
- What is expected Connected Building Market size by 2029?
- Who held the largest market share in Connected Building Market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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