Connected Building Market Overview

The Connected Building Market is witnessing significant transformations, driven by technological advancements and evolving consumer preferences. In this ever-changing landscape, our market overview offers a valuable resource for businesses to make informed decisions and seize emerging opportunities.

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Market Growth: 

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

The Connected Building market report provides a comprehensive estimation of market sizes and segments, considering qualitative and quantitative aspects. report provides a detailed estimation of market sizes and segments, incorporating qualitative and quantitative aspects. We explore the drivers, challenges, and investment opportunities to empower stakeholders with valuable insights. The report also analyzes major companies' competitiveness, products, and regional markets, utilizing primary and secondary research to foster higher growth in the Connected Building market.

Dynamics of the Connected Building Market:

Connected buildings are more successful in three key areas where they collaborate to generate possibilities for proficiency. The first is people-based efficiency, in which occupants engage with the structures they live in on a daily basis. Operations, finance, and sustainability departments may access the building technologies and staff they rely on on a daily basis through Connected Buildings. They may now plan for, manage, and interact with residents in the buildings. Technology-based efficiency, or how little energy is needed to power these cutting-edge devices, is the second component.

Connected Building Market Segmentation

by Product

Device
Connectivity
Application management

The Connected Building Market is divided into Device, Connectivity, and Application Management segments based on the Platform. In 2022, the segment with the largest market share was connectivity. Connectivity presents a huge potential with many benefits for both established infrastructure corporations and emerging tech-focused players, but they need to move fast. In the connected-building industry, a lot of players are already vying for supremacy, so those that fall behind could never catch up. By 2029, connectivity is predicted to provide over $26 billion yearly to the building-controls sector, offering building infrastructure players a substantial potential.

by Service

Business Process Management
Customer Engagement
Maintenance and Support
Deployment and Integration Services

The business process management, customer engagement, maintenance & support, and deployment & integration services segments make up the connected building market. In 2022, the segment with the largest market share was business process management. Businesses can prevent the expenses and harm that come with noncompliance by implementing a BPM system. One useful aspect is having a single location for all compliance documentation. Compliance is a new trend in the realm of compliance that is growing as part of the continuous process of enhancing business operations.

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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

Connected Building Market Regional Insights

The report offers a comprehensive analysis encompassing all factors, such as market size, growth rate, and import-export activities across diverse regions. Through regional analysis, we present a detailed examination of the current status of the Connected Building market in various countries.

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

Key questions answered in the Connected Building Market are:

• What is Connected Building?
• What was the Connected Building market size in 2022?
• What is the growth rate of the Connected Building Market?
• Which are the factors expected to drive the Connected Building market growth?
• What are the different segments of the Connected Building Market?
• What growth strategies are the players considering to increase their presence in Connected Building?
• What are the upcoming industry applications and trends for the Connected Building Market?
• What major challenges could the Connected Building Market face in the future?
• What segments are covered in the Connected Building Market?
• Who are the leading companies and what are their portfolios in Connected Building Market?
• What segments are covered in the Connected Building Market?
• Who are the key players in the Connected Building market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2023−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• 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

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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