How big is the Building Analytics Market | Trends, Size & Forecast to 2025

Q: How big was the building analytics market?

The building analytics market was estimated at USD 10 billion in 2024 and projected to reach USD 20 billion by 2031.

Q: What is the forecast growth rate of building analytics market?

The building analytics market is predicted to grow at an exceptional CAGR of 11.2%.

Q: What are the key trends in the building analytics industry?

Cloud analytics, predictive maintenance, and integration with smart systems are key trends.

Q: What are the major challenges faced by the building analytics market?

Data privacy concerns, high initial costs, and integration complexities are the major challenges.

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Code: MTA5331

Publication Date: Jul 2025

What is the size of the Building Analytics Market?

According to 6Wresearch internal database and industry insights, Global Building Analytics Market was demonstrated around USD 10 billion in 2024 and is projected to reachUSD 20 billion by 2031, growing at aCAGR of 11.2% during the forecast period 2025â€“2031.

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The market is growing rapidly due to increasing demand for energy efficiency, smart building technologies, and predictive maintenance across commercial and industrial infrastructures.

Key Growth Factors of the Building Analytics Market

Rising emphasis on energy efficiency and sustainability in buildings
Increasing adoption of IoT and smart building technologies
Growing demand for predictive maintenance and operational cost savings
Stringent government regulations related to energy use and emissions
Rapid urbanization and increasing investment in smart infrastructure

Building Analytics Market Trends

The building analytics market is experiencing robust growth with few emerging trends such as the rise of cloud-based analytics platforms and AI-powered predictive insights. Another trend is the real-time data visualization and digital twin integration, which are becoming standard for optimizing building operations. The market is also noticing the rising shift towards open-platform analytics systems for seamless integration with existing building management systems (BMS).

Emerging Developments in the Building Analytics Market

Building analytics market is seeing some major developments as the market is integrated with the machine learning algorithms for anomaly detection and fault diagnostics. Also, thecybersecurity enhancements are being introduced as building systems became more connected. The market of building analytics is being integrated into net-zero and green building initiatives to track carbon emissions and performance metrics. The rise of as-a-service models (Analytics-as-a-Service) is making analytics more accessible to mid-sized and smaller facilities.