Market Size And Forecast: Energy Management Software 2023-2029 (Global)
Access this research
Access all Built Environment Energy & Decarbonization content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report helps strategy, product and marketing officers at firms providing energy management software (EMS) solutions better understand the market opportunity, define business development strategies and forecast future revenue growth potential. The Verdantix model, which is based on updated supplier revenues and current macroeconomic drivers, calculates that the market will surpass $1.2 billion in 2024. It will grow at a CAGR of 10% to reach $2.2 billion in 2029. For the first time, our analysis segments the market forecast into 13 building asset types, alongside country and regional breakdowns.Energy management software (EMS) market size and forecast methodology
An overview of the EMS market
The EMS market was worth $1,226 million in 2023
Cost reduction agendas, coupled with sustainability-driven business priorities, fuel EMS adoption
Macroeconomic uncertainty, building integration challenges and reluctance to change will limit growth
The EMS market will grow at a CAGR of 10% to become a $2.2 billion market in 2029
Figure 2. Model segmentation
Figure 3. Definition of asset type segments
Figure 4. 2023 EMS spend by region
Figure 5. 2023 EMS spend by asset type
Figure 6. EMS forecast by region (2023-2029)
Figure 7. EMS forecast within Americas (2023-2029)
Figure 8. EMS forecast within EMEA (2023-2029)
Figure 9. EMS forecast within APAC (2023-2029)
Figure 10. EMS forecast by top six building asset types (2023-2029)
Figure 11. EMS forecast by bottom seven building asset types (2023-2029)
About the Author
Claire Stephens
Research Director
Claire Stephens is a Research Director at Verdantix, leading research into technologies and services shaping the real estate and the built environment, encompassing ...
View ProfileOther related content
Utilities are managing billing, CRM, customer engagement and DER operations across separate systems designed for a one-way energy model, which is now expiring. In the UK, National ...
Upcoming / 03 September, 2026
AI workloads are increasing infrastructure demands at the same time as energy costs, capacity constraints and sustainability requirements continue to rise. As a result, many data c...
Upcoming / 26 August, 2026
Energy costs are volatile, trade route supply is uncertain, grids are unstable, and boards are demanding proof before capital moves. This webinar explores how leading real estate a...
04 August, 2026
EirGrid, Ireland's national electricity transmission operator, has forecast that electricity demand from data centres in Ireland will rise from 9.4TWh in 2025 to 14.6TWh in 2034,...
02 July, 2026
.jpg?Status=Master&sfvrsn=be2816b1_1)
As AI drives a global boom in data centre construction, a new question is emerging: should these facilities be treated as isolated commercial infrastructure, or designed as part of...
30 June, 2026
EV charging management software is moving quickly from a niche operational tool to a critical enterprise system, and the urgency for buyers is only increasing as the market matures...
18 June, 2026