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
Guidance notes to prepare for April ERA changes
From the Electrical Contractors' Association Employee Relations team.
Significant changes to be seen from the new ERA in 2026 and 2027, starting on 6 April 2026.
First aid in the modern workplace with St John Ambulance.
Ireland's National Residential Retrofit Plan
Staged initiatives introduced step by step.
Solar panels, pitched roofs and risk of fire spread
60% increase in solar panel fires prompts tests and installation warnings.
Modernising heat networks with Heat interface unit
Why HIUs hold the key to efficiency upgrades.
Reflecting on the work of the CIOB Academy
Looking back on 2025 and where it's going next.
Procurement in construction: Knowledge hub
Brief, overview, key articles and over 1000 more covering procurement.
Sir John Betjeman’s love of Victorian church architecture.
Exchange for Change for UK deposit return scheme
The UK Deposit Management Organisation established to deliver Deposit Return Scheme unveils trading name.
A guide to integrating heat pumps
As the Future Homes Standard approaches Future Homes Hub publishes hints and tips for Architects and Architectural Technologists.
BSR as a standalone body; statements, key roles, context
Statements from key figures in key and changing roles.
ECA launches Welsh Election Manifesto
ECA calls on political parties at 100 day milestone to the Senedd elections.
Resident engagement as the key to successful retrofits
Retrofit is about people, not just buildings, from early starts to beyond handover.
Plastic, recycling and its symbol
Student competition winning, M.C.Esher inspired Möbius strip design symbolising continuity within a finite entity.
Do you take the lead in a circular construction economy?
Help us develop and expand this wiki as a resource for academia and industry alike.
Warm Homes Plan Workforce Taskforce
Risks of undermining UK’s energy transition due to lack of electrotechnical industry representation, says ECA.
Cost Optimal Domestic Electrification CODE
Modelling retrofits only on costs that directly impact the consumer: upfront cost of equipment, energy costs and maintenance costs.