Building Energy Management Systems Market to Reach $23 Billion by 2017

A new report on the market for building energy management systems (BEMS) and enterprise energy management (EEM), published by Memoori Business Intelligence Ltd., says total global sales of BEMS will be $16.7 billion in 2013, and it is forecast to grow to $23.14 billion by 2017, a compound annual growth rate (CAGR) of approximately 8.4 percent.