Global Building Automation Software to Achieve a High Value of USD 100 Billion by 2023 by Market Research Analysis and Global Forecast

Pune, India -- (SBWire) -- 01/23/2018 --Building automation system (BAS) market was expected to grow at a CAGR of +10% during forecast period.

Market research analysis identifies the growing need of building automation for enhancing business outcomes as one of the primary growth factors for this market. Building automation has become an integral aspect of businesses these days as it is deployed in industrial, residential, and commercial buildings and can substantially improve the outcomes of business operations in terms of efficiency, productivity, and cost. The effective deployment of building automation through efficient software enhances the comfort level of employees within a building, which can increase the employees' productivity.

The overall building automation system (BAS) market was valued at USD 54 Billion in 2018 and is expected to reach USD 100 Billion by 2023.

The study presents a qualitative and quantitative analysis of the market, its key segments, regulatory landscape, and competitive scenario, and recent developments. A detailed analysis of factors expected to drive and challenge the growth of the market as well as the trends that decide consumer inclination are highlighted. The report utilizes a variety of primary and secondary research methodologies for gathering quantitative as well as qualitative data on global as well as regional fronts. With the help of a number of industry-best analytical methods, the vast amount of market data thus gathered is filtered and narrowed down to the details that matter the most to companies operating in the Global Building Automation Software Market or aspiring to enter it.

Companies Profiled In This Report:
Automated Logic, Honeywell International, Johnson Controls, Schneider Electric, Siemens, Advantech, BuildingIQ, Cisco, Control4, Iconics, Mass Electronics, Trane, REGIN, Fibaro, Euroicc

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The security and access control systems are expected to hold the largest size of the BAS market during the forecast period. Security and access control systems have become an integral part of the safety and security of the buildings and their occupants. This has revolutionized the building security and has eliminated the human interventions. These are installed in buildings to increase the security level, monitor the activities, and keep a record of people entering and exiting the buildings. These systems are used in several businesses to protect the assets, staff, and information, monitor the activities, as well as control the access to the building.

Marketing strategies and marketing channels adopted by key companies are highlighted in the report. Corporations are concentrating on improving direct and indirect advertising strategies and develop various promotion channels, brand strategies, and pricing strategies. This statistical surveying report finds that major corporations functioning in the Global Building Automation Software Market are concentrating on acquiring a few startup companies in the near future. With this, the key companies will get a chance to focus on adopting new trends and innovations in the market products. Additionally, by merging with startups, leading companies are aiming to maintain their dominance in the global market.

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Table of Contents:
Global Building Automation Software Market Research Report 2017
Chapter 1: Global Building Automation Software Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Building Automation Software Market Forecast

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