Although small and medium-sized commercial buildings represent a majority of buildings both in terms of number of buildings and square footage, they have not seen the same level of penetration of building energy management systems (BEMS) as larger facilities, notes Navigant Research. That is now changing.

According to a new report, “Global Building Energy Management Solutions Market Forecast & Opportunities, 2018,” from Reportlinker.com, global market revenues for building energy management systems (BEMS) are forecast to grow at a compound annual growth rate (CAGR) of around 19 percent from 2013-2018.