The building energy management systems (BEMS) market will hit $12.3 billion globally by 2030, estimates an analysis report by Global Industry Analysts, Inc., a publisher of off-the-shelf market research. Produced earlier this year, ResearchAndMarkets.com just announced that it was carrying the research.

“In the changed post COVID-19 business landscape, the global market for Building Energy Management Systems (BEMS) estimated at $4.3 Billion in the year 2022, is projected to reach a revised size of $12.3 billion by 2030, growing at a CAGR of 14.2% over the analysis period 2022-2030,” says the publisher. “Services, one of the segments analyzed in the report, is projected to record a 15.3% CAGR and reach $6.8 billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 13.2% CAGR for the next 8-year period.”

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Erik Sherman

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