Connected Building Market Report Unveils Key Trends and Insights

Connected Building Market was valued at US$ 1.34 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 Report Scope and Research Methodology

Report Scope: Maximize Market Research Pvt Ltd, Pune, India, presents the latest research report on the Connected Building Market. This comprehensive report analyzes and forecasts market size and trends, focusing on value-based segmentation by Platform, Service, End-user, and Region.

Research Methodology: Our research methodology employs a rigorous approach, encompassing data collection, analysis, and interpretation to provide accurate and insightful market insights. We have utilized both primary and secondary research techniques to compile this report, ensuring the highest quality of information.

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What are Connected Building Market Dynamics?

Connected Buildings offer increased efficiency in people-based, technology-based, and system-based operations. The demand for automation, cloud computing, IoT, data analytics, and energy-saving features drives market growth.

Connected Building Market Segmentation:

The Connected Building Market is divided into Device, Connectivity, and Application Management segments based on Platform. In 2022, the Connectivity sector held the largest 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 Connected Building Market is divided into four service categories based on the type of service provided: Business Process Management, Customer Engagement, Maintenance & Support, and Deployment & Integration Services. In 2022, the segment for business process management held the largest market share. A BPM system can aid businesses in avoiding the harm and expenses related to noncompliance. A useful feature is having a central location for all compliance records. Compliance is becoming more and more popular as a new trend in the compliance industry as part of the ongoing process of streamlining corporate procedures.

The Connected Building Market is divided into Manufacturing, IT & Telecom, BFSI, Residential, Healthcare, and Others based on end-user. In 2022, the IT and telecom segment held the largest market share, and it will continue to do so throughout the projected period. The IT and telecom industries are expanding quickly thanks to modernization and software. Additionally, this technology lowers energy consumption, boosts building efficiency, anticipates maintenance needs, boosts productivity, and makes better use of resources. The end-users are becoming more interested in 5G networks and cloud computing as a result of the technological advantages because they reduce time and effort.

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Who are Connected Building Market Key Players?

1. Rockwell Automation, Inc.
2. Jacobs
3. Tech Mahindra Limited
4. Infosys Limited
5. Capgemini Service SAS
6. Fujitsu
7. Bain & Company
8. General Electric
9. Constellation Research Inc.
10. Enghouse Interactive
11. CBT Company
12. Wipro Limited
13. Bosch Software Innovations GmbH
14. Intel Corporation
15. IBM Corporation

Table of Content: Connected Building Market

Part 01: Executive Summary

Part 02: Scope of the Connected Building Market Report

Part 03: Global Connected Building Market Landscape

Part 04: Global Connected Building Market Sizing

Part 05: Global Connected Building Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

In 2022, North America dominated the market, driven by substantial investments in research and development, advanced technologies, and government regulations favoring smart building solutions. The US and Canada play pivotal roles in advancing connected building strategies and sustainability initiatives.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
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 Product
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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