World Building Automation Software Market to Register 11.1% CAGR to 2021, Forecasts Infiniti Research in Its New Report Added at MarketPublishers.com16 Jun 2017 • by Natalie Aster
LONDON – The global market for building automation software is anticipated to witness a double-digit CAGR of 11.1% over 2017-2021. The major market growth driver is the constantly increasing need for building automation to enhance business outcomes.
The major noteworthy trends in the building automation software market comprise introduction of customised building automation software, centralised remote control via mobile devices and expanding integration of IoT in building automation systems.
However, growth in the building automation software market in the coming years could be hampered by high switching and installation costs.
Some of the leading vendors in the building automation software marketplace include Siemens, Honeywell International, Automated Logic, Schneider Controls and Johnson Controls.
New research report “Global Building Automation Software Market 2017-2021” created by Infiniti Research provides an extensive coverage of building automation software market at all geographical scales as well as presents a detailed analysis of the major market segments basing on products and end uses. This research study sheds light on the market dynamics and contains trustworthy data on the key factors shaping the building automation market, pinpoints and discusses the main market growth challenges and opportunities. Moreover, competitive environment and leading players are reviewed in this publication. In addition, an overview of the prevailing and emerging market development trends and a five-year future outlook are at hand.
For more publisher’s research studies visit the Infiniti Research page at MarketPublishers.com.