Smart Buildings Software: Market Size And Forecast 2020-2025 (Global)
Susan Clarke
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Executive Summary
This report helps strategy, product and marketing officers at firms providing real estate and building management software solutions to better understand the addressable market opportunity, define business development strategies and forecast future revenue growth potential. The analysis combines updated macroeconomic data, supplier revenues, segment-level drivers and customer budget changes across five functionality segments (real estate investment, property, space, maintenance and energy management) and three regions globally. In 2021 the smart buildings software market will be worth $6.4 billion. The software market encompasses property management, IWMS, CAFM, CMMS as well as energy management, real estate investment and space utilization solutions. The overall smart buildings market has a growth trajectory of 7% CAGR to reach $8.5 billion in 2025.Smart Buildings Software Market Growth Will Rebound Following The 2020 COVID-19 Shock
Smart Buildings Software Market Size And Forecast Methodology
2020 Market-Size Data Are Calculated From Aggregate Supplier Revenues And Customer Penetration Data
The Market Forecast Reflects Macroeconomic Drivers And COVID-19 Recovery
The Smart Buildings Software Market Grew Slowly During COVID-19 Disruption
Suppliers Achieved Varied Performance In 2020 Amidst Market Headwinds
Digitization Programmes And COVID-19 Recovery Will Fuel Growth Across All Five Segments To 2025
Global Spending On Smart Buildings Software Will Grow To $6.4 Billion In 2021
Portfolio Diversification And Demand For Responsible Investing Will Support Growth In The Investment Management Segment
Property Management Segment Will Benefit From Changing Lease Structures And Stricter Capital Project Planning
Space Optimization And Tenant Wellbeing Programmes Will Support Space And Workplace Management Segment
Maintenance Management Market Will Grow As Buyers Implement Cloud-Based Offerings And Remote Monitoring
Energy Efficiency Programmes And Sustainable Building Trends Will Spur Growth In The Energy And Sustainability Management Market
Overall Software Market Expenditure Will Grow At A 7% CAGR To Reach $8.5 Billion By 2025
Analysis Identifies Key Sensitivities Impacting Future Spending On Smart Buildings Software
Figure 2. Verdantix Market Size And Forecast Approach
Figure 3. Updated Drivers Data Feeds 2020-2025
Figure 4. Smart Buildings Software Market Year-On-Year Growth Rate 2020-2025 ($m)
Figure 5. Smart Buildings Software Spend By Region 2020-2025 ($m)
Figure 6. Future Smart Buildings Software Purchase Intentions By Region
Figure 7. Smart Buildings Software CAGR By Segment 2020-2025
Figure 8. Four Future Scenarios Based On Homeworking Trends And The Economic Recovery
About the Authors
Joy Trinquet
Senior Analyst
Joy is a Senior Analyst at Verdantix, specializing in real estate, facilities and workplace technology, with a particular focus on integrated workplace management systems/conn...
View ProfileSusan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
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