Integrated Building Management Systems Market size to grow by USD 10 billion | 35% of Market Growth to Originate from Europe | Technavio

NEW YORK, July 6, 2022 /PRNewswire/ -- An integrated building management system (IBMS) is a solution that is designed to track, control, operate, and centrally manage various systems in a house or building. These systems include lighting, climate control, energy, IT systems, and electromechanical systems such as elevators. An IBMS uses the information from these components to manage the operations of buildings efficiently.

According to the report "Integrated Building Management Systems Market by End-user, Component, and Geography - Forecast and Analysis 2021-2025", the market witnessed a YOY growth of 11.88% in 2021 and will obtain a CAGR of 12.71% during the forecast period. The market is segmented by end-user (commercial, residential, and government), component (hardware, software, and services), and geography (Europe, APAC, North America, MEA, and South America).

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The integrated building management systems market is concentrated, and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Azbil Corp.
• Carrier Global Corp.
• Cisco Systems Inc.
• Delta Electronics Inc.
• Emerson Electric Co.
• Honeywell International Inc.
• Ingersoll Rand Inc.
• Johnson Controls International Plc
• Schneider Electric SE
• Siemens AG

The global IBMS market is characterized by the presence of various vendors, with no parity in terms of size. IBMS is made up of three components, namely hardware, software, and services. The market has many IT giants and electronics companies, which primarily focus on hardware, as well as other regional players that provide IBMS-related services.

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Europe will provide maximum growth opportunities in the integrated building management systems market during the forecast period. According to our research, the region will contribute to 35% of the global market growth during the forecast period. The UK and Germany are the two major markets in Europe. The growing trend of smart buildings, along with the increasing focus on reducing carbon emissions, will drive the integrated building management systems market growth in Europe during the forecast period. 

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The commercial segment will have significant market share growth during the forecast period. The rapid adoption of advanced technologies in commercial buildings due to the growing functionality and efficiency requirements of modern consumers is leading to significant changes in the CRE industry, thus driving the increasing adoption of IBMS in this segment.

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The ease of monitoring and controlling building operations is driving the integrated building management systems market. IBMS simplifies building operations and maintenance. With the help of IBMS, various subsystems in a building are connected to one centralized system for effective and transparent management. Thus, the installation of IBMS enables building managers to have better control of building operations.

The vulnerability issues and cybersecurity threats are the major challenges hindering the integrated building management systems market growth. The implementation of IBMS is highly complex when compared to traditional systems such as HVAC, lighting, and safety systems. However, there is a high risk of a data breach and physical break-ins. Any breach and unauthorized access to IBMS data can lead to a privacy violation, lower brand loyalty, and result in expensive lawsuits and insurance claims.

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1 Executive Summary

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 01: Parent market
• Exhibit 02: Market characteristics

• 2.2 Value chain analysis

3 Market Sizing

• 3.1 Market definition 
• Exhibit 03: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 04: Market segments

• 3.3 Market size 2020

• 3.4 Market outlook: Forecast for 2020 - 2025
• Exhibit 05: Global - Market size and forecast 2020 - 2025 ($ billion)
• Exhibit 06: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 07: Five forces analysis 2020 & 2025

• 4.2 Bargaining power of buyers 
• Exhibit 08: Bargaining power of buyers

• 4.3 Bargaining power of suppliers 
• Exhibit 09: Bargaining power of suppliers

• 4.4 Threat of new entrants 
• Exhibit 10: Threat of new entrants

• 4.5 Threat of substitutes 
• Exhibit 11: Threat of substitutes

• 4.6 Threat of rivalry 
• Exhibit 12: Threat of rivalry

• 4.7 Market condition 
• Exhibit 13: Market condition - Five forces 2020

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 14: End-user - Market share 2020-2025 (%)

• 5.2 Comparison by End-user 
• Exhibit 15: Comparison by End-user

• 5.3 Commercial - Market size and forecast 2020-2025
• Exhibit 16: Commercial - Market size and forecast 2020-2025 ($ billion)
• Exhibit 17: Commercial - Year-over-year growth 2020-2025 (%)

• 5.4 Residential - Market size and forecast 2020-2025
• Exhibit 18: Residential - Market size and forecast 2020-2025 ($ billion)
• Exhibit 19: Residential - Year-over-year growth 2020-2025 (%)

• 5.5 Government - Market size and forecast 2020-2025 
• Exhibit 20: Government - Market size and forecast 2020-2025 ($ billion)
• Exhibit 21: Government - Year-over-year growth 2020-2025 (%)

• 5.6 Market opportunity by End-user 
• Exhibit 22: Market opportunity by End-user

6 Market Segmentation by Component

• 6.1 Market segments 
• Exhibit 23: Component - Market share 2020-2025 (%)

• 6.2 Comparison by Component 
• Exhibit 24: Comparison by Component

• 6.3 Hardware - Market size and forecast 2020-2025
• Exhibit 25: Hardware - Market size and forecast 2020-2025 ($ billion)
• Exhibit 26: Hardware - Year-over-year growth 2020-2025 (%)

• 6.4 Software - Market size and forecast 2020-2025
• Exhibit 27: Software - Market size and forecast 2020-2025 ($ billion)
• Exhibit 28: Software - Year-over-year growth 2020-2025 (%)

• 6.5 Services - Market size and forecast 2020-2025
• Exhibit 29: Services - Market size and forecast 2020-2025 ($ billion)
• Exhibit 30: Services - Year-over-year growth 2020-2025 (%)

• 6.6 Market opportunity by Component 
• Exhibit 31: Market opportunity by Component

7 Customer landscape

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 33: Market share by geography 2020-2025 (%)

• 8.2 Geographic comparison 
• Exhibit 34: Geographic comparison

• 8.3 Europe - Market size and forecast 2020-2025
• Exhibit 35: Europe - Market size and forecast 2020-2025 ($ billion)
• Exhibit 36: Europe - Year-over-year growth 2020-2025 (%)

• 8.4 APAC - Market size and forecast 2020-2025
• Exhibit 37: APAC - Market size and forecast 2020-2025 ($ billion)
• Exhibit 38: APAC - Year-over-year growth 2020-2025 (%)

• 8.5 North America - Market size and forecast 2020-2025
• Exhibit 39: North America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 40: North America - Year-over-year growth 2020-2025 (%)

• 8.6 MEA - Market size and forecast 2020-2025
• Exhibit 41: MEA - Market size and forecast 2020-2025 ($ billion)
• Exhibit 42: MEA - Year-over-year growth 2020-2025 (%)

• 8.7 South America - Market size and forecast 2020-2025
• Exhibit 43: South America - Market size and forecast 2020-2025 ($ billion)
• Exhibit 44: South America - Year-over-year growth 2020-2025 (%)

• 8.8 Key leading countries 
• Exhibit 45: Key leading countries

• 8.9 Market opportunity by geography 
• Exhibit 46: Market opportunity by geography

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Market trends

10 Vendor Landscape

• 10.1 Vendor landscape 
• Exhibit 48: Vendor landscape

• 10.2 Landscape disruption 
• Exhibit 49: Landscape disruption
• Exhibit 50: Industry risks

• 10.3 Competitive scenario

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 51: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 52: Market positioning of vendors

• 11.3 Azbil Corp. 
• Exhibit 53: Azbil Corp. - Overview
• Exhibit 54: Azbil Corp. - Business segments
• Exhibit 55: Azbil Corp. - Key offerings
• Exhibit 56: Azbil Corp. - Segment focus

• 11.4 Carrier Global Corp. 
• Exhibit 57: Carrier Global Corp. - Overview
• Exhibit 58: Carrier Global Corp. - Business segments
• Exhibit 59: Carrier Global Corp. - Key offerings
• Exhibit 60: Carrier Global Corp. - Segment focus

• 11.5 Cisco Systems Inc. 
• Exhibit 61: Cisco Systems Inc. - Overview
• Exhibit 62: Cisco Systems Inc. - Business segments
• Exhibit 63: Cisco Systems Inc. - Key offerings
• Exhibit 64: Cisco Systems Inc. - Segment focus

• 11.6 Delta Electronics Inc. 
• Exhibit 65: Delta Electronics Inc. - Overview
• Exhibit 66: Delta Electronics Inc. - Business segments
• Exhibit 67: Delta Electronics Inc. - Key offerings
• Exhibit 68: Delta Electronics Inc. - Segment focus

• 11.7 Emerson Electric Co. 
• Exhibit 69: Emerson Electric Co. - Overview
• Exhibit 70: Emerson Electric Co. - Business segments
• Exhibit 71: Emerson Electric Co. – Key news
• Exhibit 72: Emerson Electric Co. - Key offerings
• Exhibit 73: Emerson Electric Co. - Segment focus

• 11.8 Honeywell International Inc. 
• Exhibit 74: Honeywell International Inc. - Overview
• Exhibit 75: Honeywell International Inc. - Business segments
• Exhibit 76: Honeywell International Inc. - Key offerings
• Exhibit 77: Honeywell International Inc. - Segment focus

• 11.9 Ingersoll Rand Inc. 
• Exhibit 78: Ingersoll Rand Inc. - Overview
• Exhibit 79: Ingersoll Rand Inc. - Business segments
• Exhibit 80: Ingersoll Rand Inc. – Key news
• Exhibit 81: Ingersoll Rand Inc. - Key offerings
• Exhibit 82: Ingersoll Rand Inc. - Segment focus

• 11.10 Johnson Controls International Plc 
• Exhibit 83: Johnson Controls International Plc - Overview
• Exhibit 84: Johnson Controls International Plc - Business segments
• Exhibit 85: Johnson Controls International Plc – Key news
• Exhibit 86: Johnson Controls International Plc - Key offerings
• Exhibit 87: Johnson Controls International Plc - Segment focus

• 11.11 Schneider Electric SE 
• Exhibit 88: Schneider Electric SE - Overview
• Exhibit 89: Schneider Electric SE - Business segments
• Exhibit 90: Schneider Electric SE - Key offerings
• Exhibit 91: Schneider Electric SE - Segment focus

• 11.12 Siemens AG 
• Exhibit 92: Siemens AG - Overview
• Exhibit 93: Siemens AG - Business segments
• Exhibit 94: Siemens AG - Key offerings
• Exhibit 95: Siemens AG - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Currency conversion rates for US$ 
• Exhibit 96: Currency conversion rates for US$

• 12.3 Research methodology 
• Exhibit 97: Research Methodology
• Exhibit 98: Validation techniques employed for market sizing
• Exhibit 99: Information sources

• 12.4 List of abbreviations 
• Exhibit 100: List of abbreviations

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SOURCE Technavio