Building analytics market trends
Contents |
[edit] Introduction
Building analytics are used for enhancing building infrastructure in terms of energy, comfort and overall operations. Generally, building analytics are used for advanced life cycle managed services that deliver automated fault detection, diagnosis and real-time performance monitoring..
With rapid urbanisation and industrialisation, the need for construction is on the rise, and this is driving the global building analytics market. In addition, companies are rapidly developing user friendly solutions, which could increase demand for building analytics solutions.
[edit] Efficiency
There is a trend towards making large commercial buildings more responsive, energy efficient and easy to maintain. Various organisations have introduced new technologies and innovation to enhance building analytics solutions. Building analytics technology can also play a role in enhancing the architecture, engineering and construction (AEC) industry. Analytics services may help to enhance decision making in existing business processes.
[edit] Global growth
Countries around the globe have become proactive in adopting new technology. Due to the penetration of business intelligence among developing countries, demand for building analytics solutions is increasing rapidly. A number of countries around the world are starting to realise the importance of building analytics technology and are developing their own capability.
Governments and vendors are willingly investing in technologies in construction services, primarily engineering and architecture, and vendors need to keep up with developments in order to maintain their competitiveness.
An increase in adoption of smart building and cloud computing technologies is supplementing the growth of the building analytics market. However, the need for additional expenditure in order to adopt building analytics services is expected to hamper the building analytics market.
Lack of awareness for building analytics is one of the restraints of the market. Nevertheless, with a significant rise in the population across the globe, construction activities are estimated to increase substantially. This is projected to create potential growth opportunities for the building analytics market in the coming years.
Major players operating in the building analytics market are Schneider Electric, General Electric Company, IBM Corporation, Siemens, Honeywell, Johnson Controls, Lucid, EnerNOC, BuildingIQ, Senseware, KGS Buildings, ENGIE Insight, BuildingLogiX and Lutron Electronics.
[edit] Related articles on Designing Buildings Wiki
Featured articles and news
A change to adoptive architecture
Effects of global weather warming on architectural detailing, material choice and human interaction.
How big is the problem and what can we do to mitigate the effects?
Overheating guidance and tools for building designers
A number of cool guides to help with the heat.
The UK's Modern Industrial Strategy: A 10 year plan
Previous consultation criticism, current key elements and general support with some persisting reservations.
Building Safety Regulator reforms
New roles, new staff and a new fast track service pave the way for a single construction regulator.
Architectural Technologist CPDs and Communications
CIAT CPD… and how you can do it!
Cooling centres and cool spaces
Managing extreme heat in cities by directing the public to places for heat stress relief and water sources.
Winter gardens: A brief history and warm variations
Extending the season with glass in different forms and terms.
Restoring Great Yarmouth's Winter Gardens
Transforming one of the least sustainable constructions imaginable.
Construction Skills Mission Board launch sector drive
Newly formed government and industry collaboration set strategy for recruiting an additional 100,000 construction workers a year.
New Architects Code comes into effect in September 2025
ARB Architects Code of Conduct and Practice available with ongoing consultation regarding guidance.
Welsh Skills Body (Medr) launches ambitious plan
The new skills body brings together funding and regulation of tertiary education and research for the devolved nation.
Paul Gandy FCIOB announced as next CIOB President
Former Tilbury Douglas CEO takes helm.
UK Infrastructure: A 10 Year Strategy. In brief with reactions
With the National Infrastructure and Service Transformation Authority (NISTA).
Ebenezer Howard: inventor of the garden city. Book review.
Airtightness Topic Guide BSRIA TG 27/2025
Explaining the basics of airtightness, what it is, why it's important, when it's required and how it's carried out.