• Cat-intel
  • MedIntelliX
  • Consulting
  • Resources
  • About Us
  • News
  • Careers
  • Contact Us
  • Login
    • Request Free Sample ×
    ReportInfographic

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    Building Energy Management Solution Market

    ID: MRFR/E&P/21905-HCR
    100 Pages
    Snehal Singh
    October 2025

    Building Energy Management Solution Market Research Report By Solution Type (Software, Services), By Deployment Mode (Cloud, On-Premises), By Vertical (Commercial, Industrial, Residential), By End-use Application (Heating, Ventilation and Air Conditioning (HVAC), Lighting Control, Energy Monitoring, Others) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Building Energy Management Solution Market Infographic
    Purchase Options
    Compare License
    Summary Table of Contents Segmentation Download PDF

    Building Energy Management Solution Market Summary

    The Global Building Energy Management Solution Market is projected to grow significantly from 19.41 USD Billion in 2024 to 51.59 USD Billion by 2035.

    Key Market Trends & Highlights

    Building Energy Management Solution Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 9.29 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 51.6 USD Billion, indicating robust growth potential.
    • The market is currently valued at 19.4 USD Billion in 2024, reflecting a strong foundation for future expansion.
    • Growing adoption of energy management solutions due to increasing energy efficiency regulations is a major market driver.

    Market Size & Forecast

    2024 Market Size 19.41 (USD Billion)
    2035 Market Size 51.59 (USD Billion)
    CAGR (2025-2035) 9.29%

    Major Players

    Honeywell International Inc., Siemens AG, ABB Ltd., Johnson Controls, Schneider Electric, Tridium, Distech Controls, ICONICS, Delta Controls, Noveda Technologies, Automated Logic Corporation, KMC Controls, BuildingIQ

    Building Energy Management Solution Market Trends

    The Building Energy Management Solution (BEMS) market is poised for significant growth, driven by the rising demand for energy efficiency, sustainability, and occupant comfort. The increasing adoption of smart building technologies, government regulations promoting energy conservation, and advancements in IoT and data analytics are key drivers of this growth. Emerging opportunities in the BEMS market include the integration of artificial intelligence (AI) and machine learning (ML) for predictive analytics and automated energy optimization. Cloud-based solutions and the rise of managed services offer scalable and cost-effective options for building owners.

     

    The increasing emphasis on energy efficiency and sustainability in building operations appears to drive the adoption of advanced energy management solutions, reflecting a broader commitment to reducing carbon footprints and optimizing resource utilization.

    U.S. Department of Energy

    Building Energy Management Solution Market Drivers

    Growing Demand for Energy Efficiency

    The Global Building Energy Management Solution Market Industry experiences a growing demand for energy efficiency as organizations seek to reduce operational costs and environmental impact. In 2024, the market is projected to reach 19.4 USD Billion, driven by the need for sustainable practices. Companies are increasingly adopting energy management solutions to monitor and optimize energy consumption, leading to significant cost savings. For instance, organizations that implement these solutions often report energy savings of 10 to 30 percent. This trend indicates a shift towards more responsible energy use, aligning with global sustainability goals.

    Market Segment Insights

    Building Energy Management Solution Market Solution Type Insights

    The Building Energy Management Solution Market size for Solution Type is segmented into Software and Services. The Software segment held the largest market share in 2023, accounting for over 60% of the global market. The growth of this segment can be attributed to the increasing adoption of software solutions for energy management, as they offer real-time data monitoring, analytics, and optimization capabilities. These solutions enable building owners and operators to gain insights into their energy consumption patterns, identify areas for improvement, and implement measures to reduce energy consumption.

    The Services segment is expected to grow at a faster rate during the forecast period, owing to the increasing demand for managed services and consulting services from building owners and operators. These services provide expertise in energy management, system design, and implementation, helping organizations to optimize their energy efficiency and achieve their sustainability goals. Overall, the Building Energy Management Solution Market is expected to witness significant growth in the coming years, driven by increasing awareness about energy efficiency, government regulations, and technological advancements.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Building Energy Management Solution Market Deployment Mode Insights

    The Global Building Energy Management Solution (BEMS) Market is segmented based on deployment mode into cloud and on-premises. The cloud segment is anticipated to dominate the Building Energy Management Solution Market, with a market share of over 60% in 2023. This dominance is attributed to the increasing adoption of cloud-based solutions due to their scalability, cost-effectiveness, and ease of deployment. The Building Energy Management Solution Market revenue for the cloud segment is projected to exceed USD 22 billion by 2032, expanding at a CAGR of over 10% during the forecast period.

    On the other hand, the on-premises segment is expected to witness steady growth, owing to the preference of some organizations for on-premise solutions due to concerns over data security and control. The Building Energy Management Solution Market Statistics for the on-premises segment is estimated to reach approximately USD 14 billion by 2032, growing at a CAGR of around 8%. Overall, the adoption of BEMS solutions is expected to proliferate across various industry verticals, driven by the need to optimize energy consumption, reduce operating costs, and enhance building efficiency.

    Building Energy Management Solution Market Vertical Insights

    The Building Energy Management Solution Market segmentation by Vertical is categorized into Commercial, Industrial, and Residential. Among these segments, the Commercial segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of the Commercial segment can be attributed to the rising adoption of smart building technologies in commercial buildings, such as offices, retail stores, and hospitals. The Industrial segment is expected to witness significant growth due to the increasing demand for energy efficiency in industrial facilities.

    The Residential segment is anticipated to grow steadily owing to the growing awareness of energy conservation and the availability of government incentives for implementing energy-efficient solutions in residential buildings.

    Building Energy Management Solution Market End-use Application Insights

    The end-use application segment of the Building Energy Management Solution Market is classified into Heating, Ventilation and Air Conditioning (HVAC), Lighting Control, Energy Monitoring, and Others. HVAC held the largest market share in 2023, accounting for around 35.2% of the Building Energy Management Solution Market revenue. It is projected to grow at a CAGR of 9.8% during the forecast period, driven by the increasing demand for energy-efficient HVAC systems in commercial and residential buildings. Lighting Control is another significant segment, expected to grow at a CAGR of 10.2% during the forecast period.

    The growing adoption of smart lighting solutions and the need to reduce energy consumption in buildings are major factors contributing to its growth. Energy Monitoring is a rapidly growing segment, with a projected CAGR of 11.4% during the forecast period. The increasing awareness of energy consumption patterns and the need for real-time monitoring and optimization are driving the growth of this segment. Other end-use applications, such as security and access control, are also expected to contribute to the overall growth of the Building Energy Management Solution Market.

    Get more detailed insights about Building Energy Management Solution Market Research Report — Global Forecast till 2034
    Request Free Sample

    Regional Insights

    The Building Energy Management Solution Market is expected to witness significant growth in the coming years, driven by rising energy costs and increasing awareness of energy efficiency. Regionally, North America is expected to dominate the market, accounting for a major share of the Building Energy Management Solution Market revenue, owing to the presence of a large number of smart building projects and government initiatives promoting energy efficiency. Europe is also expected to be a key market for Building Energy Management Solution, with a growing focus on reducing carbon emissions and improving energy efficiency.

    The APAC region is expected to witness the fastest growth in the Building Energy Management Solution Market, driven by rapid urbanization and industrialization leading to increased energy consumption. South America and MEA are also expected to contribute to the growth of the Building Energy Management Solution Market, as governments in these regions are increasingly focusing on energy conservation and sustainability.

    Building Energy Management Solution Market Regional Insights

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Building Energy Management Solution Market are adopting various strategies to strengthen their position and expand their market share. Leading Building Energy Management Solution Market players are focusing on innovation and the development of new technologies to meet the evolving needs of their customers. The Building Energy Management Solution Market industry is highly competitive, and there is a constant need for innovation to stay ahead of the competition. The Building Energy Management Solution Market Competitive Landscape is constantly changing, with new players emerging and established players expanding their product offerings.

    One of the key competitors in the Building Energy Management Solution Market is Honeywell International Inc. Honeywell offers a wide range of Building Energy Management Solution Market products and solutions, including energy management systems, building automation systems, and security systems. The company has a strong global presence and a large customer base. Honeywell is continuously investing in research and development to develop new and innovative products. Another major competitor in the Building Energy Management Solution Market is Siemens AG.

    Siemens offers a comprehensive portfolio of Building Energy Management Solution Market products and solutions, including energy management systems, building automation systems, and fire safety systems.

    The company has a strong focus on sustainability and energy efficiency. Siemens is also investing in digitalization and cloud-based solutions to meet the evolving needs of its customers.ABB Ltd. is another key player in the Building Energy Management Solution Market. The company offers a wide range of Building Energy Management Solution Market products and solutions, including energy management systems, building automation systems, and power distribution systems. ABB has a strong global presence and a large customer base. ABB is focusing on developing innovative and sustainable solutions to meet the evolving needs of its customers.

    The company is also investing in research and development to develop new technologies.

    Key Companies in the Building Energy Management Solution Market market include

    Industry Developments

    The Building Energy Management Solution Market size was valued at USD 16.25 billion in 2023 and is projected to reach USD 36.15 billion by 2032, exhibiting a CAGR of 9.29% during the forecast period. The market growth is attributed to rising energy costs, increasing environmental concerns, and government regulations promoting energy efficiency. The adoption of smart building technologies, IoT devices, and cloud platforms has further fueled market expansion. Recent developments include the integration of AI and machine learning into building energy management systems to optimize energy consumption and reduce operational costs.

    Key industry players are focusing on strategic partnerships, acquisitions, and product innovations to gain a competitive edge in the rapidly evolving market landscape.

    Future Outlook

    Building Energy Management Solution Market Future Outlook

    The Building Energy Management Solution Market is projected to grow at a 9.29% CAGR from 2025 to 2035, driven by technological advancements, regulatory support, and increasing energy efficiency demands.

    New opportunities lie in:

    • Develop AI-driven analytics tools for predictive energy management. Expand into emerging markets with tailored energy solutions. Leverage IoT integration for real-time energy monitoring and optimization.

    By 2035, the market is expected to achieve substantial growth, reflecting heightened global energy management awareness.

    Market Segmentation

    Building Energy Management Solution Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Building Energy Management Solution Market Vertical Outlook

    • {""=>["Heating
    • Ventilation and Air Conditioning (HVAC)"
    • "Lighting Control"
    • "Energy Monitoring"
    • "Others"]}

    Building Energy Management Solution Market Solution Type Outlook

    • {""=>["Cloud"
    • "On-Premises"]}

    Building Energy Management Solution Market Deployment Mode Outlook

    • {""=>["Commercial"
    • "Industrial"
    • "Residential"]}

    Building Energy Management Solution Market End-use Application Outlook

    • {""=>["North America"
    • "Europe"
    • "South America"
    • "Asia Pacific"
    • "Middle East and Africa"]}

    Report Scope

    Report Attribute/MetricDetails
    Market Size 2024  19.41 (USD Billion)
    Market Size 2025  21.22 (USD Billion)
    Market Size 203551.59 (USD Billion)
    Compound Annual Growth Rate (CAGR)9.29% (2025 - 2035)
    Report CoverageRevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2023
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledABB, EnerNOC, Cimetrics, Siemens, Johnson Controls, Schneider Electric, Honeywell, Tridium, Distech Controls, ICONICS, Delta Controls, Noveda Technologies, Automated Logic Corporation, KMC Controls, BuildingIQ
    Segments CoveredSolution Type, Deployment Mode, Vertical, End-use Application, Regional
    Key Market OpportunitiesSmart Building Integration CloudBased Solutions Predictive Analytics Energy Storage Integration IoT Integration
    Key Market DynamicsIncreasing energy costs and enhanced energy efficiency Rising adoption of smart technologies Growing demand for sustainable buildings Government initiatives for green infrastructure Integration of AI and IoT
    Countries CoveredNorth America, Europe, APAC, South America, MEA

    FAQs

    What is the market size of the Global Building Energy Management Solution Market?

    The Global Building Energy Management Solution Market is expected to reach a valuation of USD 19.41 Billion in 2024 and is projected to grow at a CAGR of 9.29% to reach USD 47.20 Billion by 2034.

    What are the key regions driving the growth of the Global Building Energy Management Solution Market?

    North America and Europe are the dominant regions in the Global Building Energy Management Solution Market, followed by Asia-Pacific. The growth in these regions is attributed to the increasing adoption of smart building technologies, government regulations, and rising energy costs.

    What are the major applications of Building Energy Management Solution?

    Building Energy Management Solutions are used in various applications such as heating, ventilation, and air conditioning (HVAC), lighting control, security, and energy monitoring. These solutions help optimize energy consumption, reduce operating costs, and improve occupant comfort.

    Who are the key competitors in the Global Building Energy Management Solution Market?

    Major players in the Global Building Energy Management Solution Market include Siemens, Schneider Electric, Honeywell, Johnson Controls, and ABB. These companies offer a range of solutions and services to meet the diverse needs of customers.

    What are the growth drivers of the Global Building Energy Management Solution Market?

    The market is driven by factors such as increasing energy consumption, rising awareness of energy efficiency, government regulations, and technological advancements. The adoption of smart building technologies and the integration of renewable energy sources are also contributing to the growth of the market.

    What are the challenges faced by the Global Building Energy Management Solution Market?

    Challenges in the market include the high cost of implementation, lack of skilled professionals, and cybersecurity concerns. Additionally, the fragmented nature of the market and the varying regulatory landscape pose challenges for market players.

    What are the emerging trends in the Global Building Energy Management Solution Market?

    Emerging trends in the market include the adoption of cloud-based solutions, the integration of artificial intelligence (AI) and machine learning (ML), and the focus on predictive analytics. These trends are expected to drive innovation and enhance the capabilities of Building Energy Management Solutions.

    What is the expected growth rate of the Global Building Energy Management Solution Market?

    The Global Building Energy Management Solution Market is projected to grow at a CAGR of 9.29% from 2025 to 2034, reaching a valuation of USD 47.20 Billion by 2034.

    What are the key factors influencing the growth of the Global Building Energy Management Solution Market?

    Key factors driving the growth of the market include increasing energy efficiency regulations, rising energy costs, and the growing adoption of smart building technologies. Government initiatives and incentives are also contributing to the market's expansion.

    What is the impact of COVID-19 on the Global Building Energy Management Solution Market?

    The COVID-19 pandemic had a mixed impact on the market. While the construction industry faced challenges, the increasing focus on remote working and energy efficiency led to a surge in demand for Building Energy Management Solutions. The market is expected to continue to grow post-pandemic due to the ongoing need for energy optimization and cost reduction.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    No regional reports available for this market.

    No country-specific reports available for this market.

    Customer Stories
    Case Study
    Chemicals and Materials
    Global Magnesium Sulfate Market – Forecast till 2027