DUBLIN, Oct. 20, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/wtvgm8/global_building) has announced the addition of the "Global Building Energy Software Market 2015-2019" report to their offering.
The global building energy software market to grow at a CAGR of 16.24% over the period 2014-2019.
The report includes the present scenario and the growth prospects of the global building energy software market for the period 2015-2019. The market can be segmented into end-user analysis: Commercial Buildings, manufacturing, retail, hospital, hotels and residential. The report includes a discussion of the key vendors operating in this market.
One major trend in this market is that there is an increased demand for building energy software in the retail sector. Buildings for retail outlets have their fire alarm, security, lighting, and HVAC system controls integrated together for easy operability, thereby providing utmost comfort and energy savings for their retail tenants.
According to the report, one key driver of the market is almost one-third of energy globally is consumed by residential and public buildings. Energy is used for heating, sterilization, cooling, water heating, refrigeration, and for operating all kinds of electrical appliances. This high level of consumption needs to be reduced to save costs and the environment. Building energy solutions are being used to achieve these aims.
Further, the report states that one of the major challenhes is the lack of awareness of the benefits of building energy software in developing countries hinders the growth of the market to a large extent. One of the major misperceptions among potential end-users is that control and monitoring systems have to be connected to the Internet, which increases the vulnerability of data to hackers.
Other Prominent Vendors
Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/wtvgm8/global_building
Laura Wood, +353-1-481-1716, [email protected]
SOURCE Research and Markets