by Shane Henson — September 19, 2012—As part of the effort to cut costs in the global recession, many commercial building owners and managers have installed building energy management systems (BEMS) to reduce energy use and operating expenses. While these new systems can provide significant efficiency gains, their sophistication can be beyond the capabilities and resource levels of a building’s operating or maintenance staff, says Pike Research, a part of Navigant Consulting’s global Energy practice that provides market research and in-depth analysis of global clean technology markets. Consequently, smart building managed services are growing in demand and popularity as a means of solving these and other building energy management market issues.
According to Smart Building Managed Services, a new report from Pike Research, worldwide spending on these outsourced services—which include data acquisition and analytics, as well as building maintenance contracts—will grow from $291 million in 2012 to $1.1 billion by 2020.
The report examines the global smart building managed services market trends, along with opportunities and challenges, business strategies, and key industry players. The report also examines the technology issues in the smart building managed services market and includes profiles of 18 vendors. Market forecasts include total market growth from 2012 through 2020, market share and growth rate comparisons, and projections for five world regions.
The report stresses that the smart building managed services opportunity unites building equipment vendors, software companies, and real estate/property management companies in unprecedented ways. Indeed, very few players in the current smart building managed services market could be considered purely managed service providers. According to the report, some of the strongest competitors are the large building systems equipment manufacturers, including Johnson Controls, Siemens, and Schneider Electric, which provide a wide variety of products and services in many different areas. Two more focused companies, Ecova and Pacific Controls, have developed significant technology offerings with a targeted, service-oriented approach, adds the report.
