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Memoori Research Expects the Combined Market for Energy Software in Smart Buildings Will Rise to US$10 Billion by 2020

Our New Research Report shows that the markets for Enterprise Energy Management, BECS Supervisory Software and Smart Building to Smart Grid Interface Software will rise to nearly $10Bn by 2020.

The Harmonization of the Smart Grid and Smart Building Markets has begun! We are beginning the tricky process of integration as major global firms look to capitalize on opportunities surrounding distributed energy.

Report Highlights…

North America leads the way in terms of smart building to smart grid software sales with some 70% of the overall market, thanks to a pioneering approach to demand response and a conducive policy environment.

Energy services companies (ESCOs) such as Siemens, Schneider Electric, Honeywell and Johnson Controls are all pursuing aggressive acquisition policies to shore up and expand their capabilities across the energy value chain.

The Report details a total of 459 deals pertaining to the market between 2010 and 2015 as firms look to build the skill sets required to leverage opportunities around the Internet of Things and develop new Energy Management offerings.

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