Egypt Building Management System Market (2020-2026) | Share, Size, Growth, Revenue, industry, Analysis, Forecast, Trends, Outlook & COVID-19 IMPACT

Latest 2023 Development of the Egypt Building Management System Market

Egypt Building Management System Market has been growing steadily over the years. The major factors driving the growth of this market are increasing construction activities and a focus on energy efficiency. Additionally, with the adoption of smart building technologies, the market is anticipated to grow in the future years. The Egypt government is promoting the adoption of green building technologies which helps in further driving the demand for building management systems. Also, there has been a growing focus on energy-efficient systems which reduces operating costs. Moreover, there are several factors that support the growth of the building management system industry in Egypt.

The increasing demand for energy efficiency due to rising energy costs and growing concerns about climate change is contributing to the market expansion. The growing construction industry is further driving the demand for BMS toensure efficient operations and maintenance. The development of advanced technologies such as the Internet of Things (IoT) and artificial intelligence (AI) is driving innovation in the Egypt Building Management System Market. Furthermore, there is an increasing awareness of the benefits of BMS which resulted in an increasing demand for these systems.

Egypt Building Management System Market Synopsis

Egypt Building Management System Market report is a part of Egypt Building Management System Market comprehensively covers the Egypt Building Management System Market by types, solutions, services, applications, and regions. Egypt Building Management System Market outlook report provides an unbiased and detailed analysis of the building management system market's ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Building Management System Market in Egypt would register significant growth over the forthcoming period on account of favourable government initiatives such as Egypt Vision 2030 that have given a tremendous boost to the infrastructural development projects across the country. For instance, Egypt is switching its capital from Cairo to New Administrative Capital augmenting the smart cities' infrastructure that would drive the growth of building management solutions across the country. Furthermore, the advent of IoT solutions coupled with the government’s aim to ensure sustainability would give a thrust to the development of quality infrastructure, which in turn, would enhance the demand for building automation techniques in Egypt over the coming period.

According to 6Wresearch, the Egypt Building Management System Market size is projected to grow at a CAGR of 8.5% during 2020-2026. Growth in the construction sector underpinned by government initiatives such as Egypt Vision 2030 would lead to significant growth in the building management system market over the coming years in Egypt. Moreover, the rising investments by the government for the modernization of airports and expansion of railway tracks would pave the way for the building management system market in Egypt over the forecast period.

Market Analysis by Solution Types

Based on solution types, the facility management system holds prominent market revenue shares in 2019 and is anticipated to maintain the same over the forecast period on account of the rising investments by the government in projects such as high-speed rail, Cairo metro and setting up residential units in Badr City. Furthermore, the government’s vision to increase the number of LEED-accredited buildings in the coming years that would help in effective energy utilization would lead to substantial growth in the energy management systems over the forecast period. The spread of coronavirus would hinder the growth of the building management system market in Egypt in 2020 due to the overall economic slowdown, which would also affect the construction sector.

Market Analysis by Service Types

Based on service types, managed services held the majority of the market share in the overall market revenues in 2019. Managed services that majorly comprise routine maintenance dedicated IT support, and software updates among several others hold a remarkable market revenue share on account of rising infrastructural developments that in turn would increase the requirement for maintenance services across the country.

COVID-19 Impact on Egypt Building Management System Market

The spread of COVID-19 would halt many transportations and infrastructural development projects due to the economic slowdown resulting in the sluggish growth in the building management system market in the Middle East & Africa region in the first half of 2020. However, the building management system market would register a moderate pace in the second half of 2020 majorly in the service sector.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Egypt Building Management System Market Overview
• Egypt Building Management System Market Outlook
• Market Size and Forecast of Egypt Building Management System Market Revenues, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, 2016-2026
• Market Size and Forecast of Egypt Building Management System Market Revenues, By Types, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, By Types, 2016-2026
• Market Size and Forecast of Egypt Building Management System Market Revenues, By Solutions, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, By Solutions, 2016-2026
• Market Size and Forecast of Egypt Building Management System Market Revenues, By Solution Types, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, By Solution Types, 2016-2026
• Market Size and Forecast of Egypt Building Management System Market Revenues, By Services, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, By Services, 2016-2026
• Market Size and Forecast of Egypt Building Management System Market Revenues, By Service Types, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, By Service Types, 2016-2026
• Market Size and Forecast of Egypt Building Management System Market Revenues, By Applications, Until 2026
• Historical Data and Forecast of Egypt Building Management System Market Revenues for the period, By Applications, 2016-2026
• Market Drivers and Restraints
• Egypt Building Management System Market Trends
• Egypt Building Management System Industry Life Cycle
• Porter’s Five Force Analysis
• Egypt Building Management System Market Opportunity Assessment
• Egypt Building Management System Market Revenue Share, By Company
• Egypt Building Management System Market Revenue Share, By Regions
• Egypt Building Management System Market Overview on Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

• By Types:

  • Facility Management
  • Security Management
  • Energy Management
  • Emergency Management
  • Infrastructure Management
  • Professional Services
  • Managed Services
• By Solution Types:
• By Service Types:

By Applications:

• Commercial Sector
• Residential Sector
• Industrial Sector