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Transparency Market
Research
Intelligent Building Management Systems Market - India
Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2021
Published Date
2015-08-11
85 Page Report
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Press Release
India Intelligent Building Management Systems (IBMS) Market
is Expected to Reach USD 4,347.7 million in 2021
Transparency Market Research
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Intelligent Building
Management Systems Market
REPORT DESCRIPTION
Intelligent Building Management Systems Market - India Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 – 2021
As per the new market report published by Transparency Market Research “ Intelligent Building
Management Systems Market - India Industry Analysis, Size, Share, Growth, Trends
and Forecast 2015 - 2021,” India IBMS market was valued at USD 780.0 million in 2014,
growing at a CAGR of 28.1% from 2015 to 2021 to account for USD 4,347.7 million in 2021.
The growth of Indian IBMS market is primarily driven due to the increasing hospitality industry
and green building infrastructures. This in turn is attracting various manufacturers of IBMS to
invest in this market. In addition, the augmented growth in automation market, economic growth
of India and growing disposable income are boosting the IBMS market in the country. Moreover,
the IBMS provide other benefits such as reduction of man power, higher energy savings, reduced
operating cost and others. The IBMS market is categorized into three segments: by product, by
application and by region.
Browse The Market Research Report of Intelligent Building Management Systems
Market :http://www.transparencymarketresearch.com/india-ibms-market.html
By product, the security control segment held the largest market share of more than thirty
percent of the overall market which...