Global Building Energy Management System Market to Reach $6.60 Billion in 2023, Fueled by Surging Urbanization and Smart Technology Adoption - ResearchAndMarkets.com
The global building energy management system (BEMS) market is on the brink of significant expansion, with an estimated value set to soar to US$6.60 billion by 2023.
- The global building energy management system (BEMS) market is on the brink of significant expansion, with an estimated value set to soar to US$6.60 billion by 2023.
- BEMS is a versatile system encompassing hardware, software, and services designed to optimize energy management through innovative strategies, including information and communication technology.
- By Component: The global BEMS market is segmented into three components: Services, Software, and Hardware.
- The global BEMS market is moderately fragmented, with numerous small- and medium-sized manufacturers contributing significantly to the revenue.