Q3 2014 (Navigant Research)
“The competitive landscape for building energy management systems (BEMSs) has heated up in recent years. Software developers aim to take advantage of a confluence of technology and market factors…[including] the advent of cloud-based software as a service (SaaS)…[and] a rise in demand for systems that reduce operating costs, control corporate carbon emissions, and increase visibility into operations…[T]he BEMS market is poised for significant growth…[because] the promise of data-driven energy management solutions has attracted a wide range of new and traditional players to the global market, each of which leverages a combination of tested technologies and innovative analytics capabilities to gain a foothold in this intensely competitive market. Navigant Research forecasts that the global BEMS market will grow from $2.4 billion in 2014 to $5.6 billion in 2020…” click here for more
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