Building Automation Systems Market is Projected to Register 11.1% CAGR by 2026

R e s e a r c h M a r k e t P e r s i s t e n c e Report Media Releases Global Building Automation Systems Market to Register a CAGR of 11.1%; Digitization to Play a Pivotal Role in Market Growth In reference to a new report published by Persistence Market Research, the global building automation systems market will showcase significant growth between 2016 and 2026. Manufacturers of building automation systems are rapidly adopting new regulations set across the globe and they are also lining up new products to meet rising market demand. The Persistence Market Research report titled, “Building Automation Systems Market: Global Industry Analysis & Forecast, 2016-2026”, talks in detail about the market psyche and also scrutinizes the market drifts which are expected to impact the future of the global building automation systems market. The global building automation systems market was valued more than US$ 43 Bn in 2015 and is expected to mint better revenue by the end of 2016, reaching approximately US$ 48 Bn. The market will continue its journey towards expansion and the market worth will reach US$ 141.1 Bn towards the end of 2026. The global building automation systems market will record a CAGR of 11.1% during the projected period. Download Sample Report @ http://www.persistencemarketresearch.com/samples/12823 Governments around the globe are rolling out different precautionary measures to cut down the wastage of energy. Different new regulatory methods are adopted to reduce the consumption of energy. This is a massive booster for the global building automation systems market. Several big economies around the globe such as Europe, US and Japan have already curated some restrictive methods to revise the previous trends. This opens a new window of opportunity for the global building automation systems market. A slew of new technologies that are eroding this market are actively affecting the global canvas of the market. Better and more advanced technologies are enhancing the end-user experience and also increasing market outreach. The introduction of smart web-based, cloud-based control networks backed by the Internet of Things (IOT), mobile technologies, integrated building systems and facility management solutions are expanding the periphery of the global building automation systems market. Last but not the least, the urgent need for consolidated security solutions is also pushing ahead the market growth of the global building automation systems market. These key factors will complement the all-round development of the market within the forecast period but there are also certain key factors that might barricade the normal development of the market within the period of forecast. Building automation systems come with a high price tag and this is expected to impact their widespread adoption. The absence of skilled manpower is another market growth deterrent. Download Report Table of Content, Figures, and Tables @ http://www.persistencemarketresearch.com/market-research/building-automationsystems-market/toc The rising incidences of security violations across the globe are likely to impact the growth of the security and surveillance segment in the global building automation systems market. The security and surveillance segment will exhibit a robust growth in terms of revenue and will Global Building Automation Systems Market 2016-2026

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