Press release
Digital Buildings Market Research 2021: Covid-19 Analysis by Top Industry Growth Rate with Revenue, Future Scope Forecast to 2027
The Global “Digital Buildings Market” research delves into detailed and insightful data on important variables such as regional growth, segmentation, and CAGR. The research contains a broad overview of the industry as well as a detailed explanation with a wealth of data. In addition, the production and management variety of end-user sectors. The research on the Digital Buildings market for the review period of 2021 – 2027 includes an in-depth assessment of certain new and significant industry trends, a competitive analysis, and a thorough geographical analysis.In accordance with the Digital Buildings market is set to grow at a CAGR of 14.5% over the forecast period (2021-2027).
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The main purpose of the Digital Buildings Market report is to cover extensive analysis of key factors that affect the market growth and covers detailed market segmentation by types, applications, and regions. The market covers entire study patterns of the future market, as well as major driving elements. It also offers sector assessments and a thorough analysis of the main significant companies.
The study covers profiles of major companies operating in the Digital Buildings Market:
Cisco, Siemens, Schneider Electric, Legrand, Nemetschek, IBM, Leica Geosystems, HUAWEI, Ericsson, SAP
Recent Developments
In August 2019, Cisco completed the acquisition of Sentryo, a provider of device visibility and security solutions for Industrial Control System (ICS) networks. This acquisition enables Cisco to offer control system s engineers deeper visibility into assets for optimizing, detecting anomalies, and securing their networks.to optimize, detect anomalies and secure their networks.
Siemens acquired Enlightened, a Silicon Valley-based provider of IoT systems for commercial and residential buildings. Enlightened’s IoT platform helps to reduce the energy used by buildings’ energy use and improves space utilization.
Market segment by Type, covers:
Hardware
Software
Market segment by Application can be divided into:
Commercial
Residential
Market Overview:
Energy costs are rapidly increasing, and environmental issues are a major concern today. There is increasing pressure to provide more energy-saving solutions to save money. As energy conservation has become more important recently, demand for Digital buildings has increased. Reduction in energy consumption is a primary concern amongst commercial building owners and managers to save money. According to the US Energy Information Administration, almost 40% of the energy consumed in the country powers commercial and residential buildings.
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North America to Dominate the Market Share
North America is one of the leading markets for Digital Buildings and IoT-enabled smart devices, the region witnesses the increased application and acceptance of Digital building solutions. North America holds the prominent share of the market owing to the presence of the high volume of early adopters in the United States and Canada. Over the forecasted period, the region is expected to dominate the global market, owing to its developed infrastructure that can house Digital automation solutions in residential and commercial segments.
Regional Outlook:
This research report focuses on Digital Buildings market volume and value at regional Opportunity and company Trends From a global perspective, this report Study represents overall market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: Americas, Europe, Asia-Pacific, Middle East & Africa and ROW.
Europe would enjoy the second spot where several factors like automation and better technical inclusion and Scope. The Asia Pacific region has better prospect in growing with a high CAGR in the coming years as the regional market would witness several changes in the infrastructure.
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Table of Contents: Digital Buildings Market
Chapter 1: Digital Buildings Market Product Definition
Chapter 2: Global Market Manufacturer Share and Market Overview
Chapter 3: Manufacturer Business Introduction
Chapter 4: Global Digital Buildings Market Segmentation (Region Level)
Chapter 5: Global Digital Buildings Market Segmentation (Product Type Level)
Chapter 6: Global Market Segmentation (Industry Level)
Chapter 7: Global Market Segmentation (Channel Level)
Chapter 8: Market Forecast 2021-2027
Chapter 9: Segmentation Product Type
Chapter 10: Segmentation Industry
Chapter 11: Cost of Production Analysis
Chapter 12: Conclusion
Impact of COVID-19:
The COVID-19 epidemic has impacted markets and customer behaviour in a short period of time, and it is having a significant influence on economies and society. With offices, educational institutions, and manufacturing facilities closed indefinitely, big sports and events postponed, and work-from-home and social distance rules in place, businesses are increasingly seeking technology to assist them to get through these trying times. The COVID-19 epidemic is wreaking havoc on companies all around the world.
Report Customization:
The Global Digital Buildings Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide 25% customization for any of our MID reports at no additional cost to all of our clients.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
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