Quick Summary:
In the rapidly evolving realms of technology and property management, the Global Wireless Building Management Services Market is showing substantial growth potential. This panoramic report, meticulously researched and professionally compiled, offers decision-makers a clear and comprehensive view of the current landscape as well as an authoritative projection to 2030.
Highlighted are key trends, emerging technologies, accelerating growth segments, and influential market players such as Acuity Brands Lighting Inc., and Cisco Systems, Inc., so you can harness the insights to optimize your market positioning and investment strategies. Draws upon relevant case studies and data, this report delivers invaluable insights into industry trajectories in major economies such as the US, China, Germany, and other global leaders. As an essential reference, this report will expedite your ability to navigate the burgeoning Wireless Building Management Services Market with confidence and clarity.
Global Wireless Building Management Services Market to Reach $150.5 Billion by 2030
The global market for Wireless Building Management Services estimated at US$24.8 Billion in the year 2022, is projected to reach a revised size of US$150.5 Billion by 2030, growing at a CAGR of 25.3% over the analysis period 2022-2030. Commercial, one of the segments analyzed in the report, is projected to record 26.6% CAGR and reach US$116.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Other End-Uses segment is readjusted to a revised 21.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $7.4 Billion, While China is Forecast to Grow at 24.2% CAGR
The Wireless Building Management Services market in the U.S. is estimated at US$7.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$25.1 Billion by the year 2030 trailing a CAGR of 24.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 22.9% and 21.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 17.4% CAGR.Select Competitors (Total 42 Featured) -
- Acuity Brands Lighting Inc.
- Aruba Networks, Inc.
- Cisco Systems, Inc.
- CommScope, Inc.
- Crestron Electronics, Inc.
- Daintree Networks, Inc.
- Digital Lumens
- ElMeasure India Pvt., Ltd.
- Enlighted, Inc.
- EnOcean GmbH
- Honeywell International, Inc.
- Ideal Industries, Inc.
- JETEC Electronics Co., Ltd.
- Johnson Controls, Inc.
- Kmc Controls
- Legrand Group
- Linear Technology Corporation
- Lutron Electronics Co., Inc.
- Open Mesh, Inc.
- OSRAM GmbH
- Schneider Electric SA
- Seimens AG
- Trend Control Systems Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Wireless Building Management Services?
What is the growth rate of the Global Market for Wireless Building Management Services?
What is the forecasted size of the Global Market for Wireless Building Management Services?
Who are the key companies in the Global Market for Wireless Building Management Services?
| Report Attribute | Details |
|---|---|
| No. of Pages | 244 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 24.8 Billion |
| Forecasted Market Value ( USD | $ 150.5 Billion |
| Compound Annual Growth Rate | 25.3% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acuity Brands Lighting Inc.
- Aruba Networks, Inc.
- Cisco Systems, Inc.
- CommScope, Inc.
- Crestron Electronics, Inc.
- Daintree Networks, Inc.
- Digital Lumens
- ElMeasure India Pvt., Ltd.
- Enlighted, Inc.
- EnOcean GmbH
- Honeywell International, Inc.
- Ideal Industries, Inc.
- JETEC Electronics Co., Ltd.
- Johnson Controls, Inc.
- Kmc Controls
- Legrand Group
- Linear Technology Corporation
- Lutron Electronics Co., Inc.
- Open Mesh, Inc.
- OSRAM GmbH
- Schneider Electric SA
- Seimens AG
- Trend Control Systems Ltd.
