The global Building Management Systems (BMS) market, valued at USD 20.25 billion in 2024, is witnessing steady growth as commercial and residential infrastructures focus on energy efficiency, automation, and smart building management.North America leads the global building management market, holding the largest share thanks to advanced smart building infrastructure, widespread adoption of IoT and automation technologies, and strong demand from both commercial and residential sectors. Europe also represents a significant portion of the market, supported by stringent energy efficiency regulations, modernization of existing buildings, and growing use of integrated building management systems. Meanwhile, Asia-Pacific is experiencing rapid growth, driven by increasing urbanization in China, India, and Southeast Asia, with India projected to achieve a notable CAGR in the coming years, further boosting demand for smart and automated building solutions.
BMS overview
Published by MMR Statistics Research Team, Updated