Smart Buildings

The Global Market for Building Energy Management Systems will Reach Over $23bn by 2017, Predicts Memoori Research

Memoori has published a new research report on the market for Building Energy Management Systems (BEMS) and Enterprise Energy Management; bringing together market sizing statistics, investment data and all the factors that are influence the industries future. In 2013, the total world sales of Building Energy Management Systems ‚  (BEMS) will be $16.7 billion at an installed value and Memoori forecasts that it will grow to $23.14 billion by 2017. This represents a CAGR of approximately 8.4% over the 5-year period. Energy savings remain the key driver for the BEMS & EEM markets. Global attention is on the efficient use of energy resources and reduction in CO2 emissions. With buildings accounting for around 40% of primary energy usage, savings here can make a significant impact. The major multinational companies Honeywell, Johnson Controls, Schneider Electric, Siemens and UTC dominate the products business in most countries across the developed world. We estimate that between them they take […]

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Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

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