Building Automation Software Global Market Rise Impressively at a CAGR of about 11.10% by 2021 – Automated Logic, Honeywell International, Johnson Controls & Schneider Electric

Recent development and the current scenario as well as future market potential of “Global Building Automation Software Market 2017-2021” globally.

Building automation software enables heating, ventilation, air conditioning (HVAC), lighting, electricity, security and protection systems to communicate on a single platform and deliver the information to the control system, allowing buildings to operate smartly while enhancing the occupants overall comfort, safety, and productivity level.

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Technavios analysts forecast the global building automation software market to grow at a CAGR of 11.10% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global building automation software market for 2017-2021. To calculate the market size, the report considers revenue, Y-o-Y growth, CAGR, retrofit, replacement, and services market.

The market is divided into the following segments based on geography:

Technavio’s report, Global Building Automation Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Automated Logic
Honeywell International
Johnson Controls
Schneider Electric

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Other prominent vendors
Mass Electronics (Innotech)

Market driver
Growing need of building automation for enhancing business outcomes
For a full, detailed list, view our report

Market challenge
High switching and installation costs
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Market trend
Integration of IoT in building automation system
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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