THE MONEY IN SMART BLDG ENERGY MANAGEMENT

THE MONEY IN SMART BLDG ENERGY MANAGEMENT Building Energy Management Systems; IT-Based Monitoring and Control Systems for Smart Buildings: Global Market Analysis and Forecasts

3Q 2013 (Navigant Research)

“Driven by technology advances as well as growing familiarity among customers with the benefits they create, the market for building energy management systems (BEMSs) continues to grow. Digital controls continue to proliferate…While BEMSs have traditionally focused on two key functions – energy visualization and energy analytics – the market is expanding into adjacent functions, such as demand response and property management, broadening the capabilities of next-generation BEMSs and engaging a broader set of players in the building market. Navigant Research forecasts that the BEMS market will grow from just under $1.8 billion in annual revenue in 2012 to nearly $5.6 billion in 2020…” click here for more

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