Building energy management solutions are being widely employed in the commercial sector

The global market for building energy management solutions is projected to grow at a compound annual growth rate (CAGR) of over 12 percent from 2016 to 2021, according to a report by TechSci Research, due to an increasing focus on reducing emissions of greenhouse gases (GHGs), implementation of stringent government regulations, and a growing number of smart city projects in developing as well as developed countries.