{"id":3363,"date":"2023-10-27T12:01:23","date_gmt":"2023-10-27T16:01:23","guid":{"rendered":"https:\/\/bacnetinternational.org\/news\/bacnet-protocol-expands-dominant-market-share-in-latest-market-research-report\/"},"modified":"2023-10-27T12:01:23","modified_gmt":"2023-10-27T16:01:23","slug":"bacnet-protocol-expands-dominant-market-share-in-latest-market-research-report","status":"publish","type":"news","link":"https:\/\/bacnetinternational.org\/news\/bacnet-protocol-expands-dominant-market-share-in-latest-market-research-report\/","title":{"rendered":"BACnet Protocol Expands Dominant Market Share in Latest Market Research Report"},"content":{"rendered":"\n<p>BACnet International is pleased to release the latest BACnet Market Adoption Report, drawn from the BSRIA\u2019s Market Penetration of Communications Protocols 2018 \u2013 2027 market research study.\u00a0<a href=\"http:\/\/www.bsria.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">BSRIA<\/a> is a premier provider of market intelligence in HVAC and Building Automation and Control (BACS). This study is a follow up to BSRIA\u2019s 2018 study of titled \u201cMarket Penetration of Communications Protocols\u201d. The BSRIA study draws on data from annual BACS market studies conducted by BSRIA since 2012 coupled with additional primary research. The most current BSRIA study was published in the first quarter of 2023.<\/p>\n\n\n\n<p><strong>Access the BACnet Market Adoption Report:<\/strong><\/p>\n\n\n\n<p>Members of the BACnet community are invited to download an overview of the market research study from The BACnet Institute (TBI), our online educational environment.<\/p>\n\n\n\n<p>If you already have a TBI account, you can access the report below after signing in.<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/bacnet.mycrowdwisdom.com\/diweb\/catalog\/item\/id\/14311090\/\">Sign in and view report<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>If you do not have a TBI account, you can set one up for free by clicking below. Once you sign up and log into your account, click on the Resources tab and search for \u201cBACnet Market Adoption.\u201d<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/bacnet.mycrowdwisdom.com\/diweb\/signup\">Sign up for a FREE TBI account<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p>The latest study concludes that since 2018, the BACnet protocol continues to remain the most widely specified protocol at a global level with 77% of projects specifying BACnet, up from 64% in 2018. The five-outlook projects continued market growth with a focus on cybersecurity and BACnet Secure Connect (BACnet\/SC). By 2027, the BACnet protocol is predicted to have a 97% market share in North America, 86% in Latin America, 69% in the Middle East, 65% in Europe, 63% in Asia Pacific.<\/p>\n\n\n\n<p><strong>BACnet Share Trend by Region, 2022 \u2013 2027F<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"715\" src=\"https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-1024x715.png\" alt=\"\" class=\"wp-image-3364\" style=\"aspect-ratio:1.4321678321678322;width:697px;height:auto\" srcset=\"https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-1024x715.png 1024w, https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-300x209.png 300w, https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-768x536.png 768w, https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-1536x1072.png 1536w, https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-2048x1429.png 2048w, https:\/\/bacnetinternational.org\/wp-content\/uploads\/sites\/2\/2023\/10\/BSRIA-Graph-1-copy-1548x1080.png 1548w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\"><em>Source: BSRIA, Inc.<\/em><\/figcaption><\/figure>\n\n\n\n<p>This latest market research data reflects BACnet\u2019s central role in the industry as the integration platform for building automation that simultaneously achieves cost, performance, and climate impact objectives,\u201d said Andy McMillan, president of BACnet International. He continued, \u201cThe demands of that role drive continued BACnet evolution to address emerging performance and cybersecurity needs while maintaining multivendor interoperability.\u201d<\/p>\n\n\n\n<p>The BACnet Market Adoption Report was developed and initially released exclusively to Corporate Members to provide current and projected market share data in specific regions on the BACnet protocol and proprietary protocols. The report is now available to the public.<\/p>\n\n\n\n<p>In addition to testing and certification through BACnet Testing Laboratories and education through The BACnet Institute, BACnet International remains committed to facilitating the successful future use of the BACnet protocol worldwide through BACnet\/SC and cybersecurity implementation programs like the Cybersecurity Acceleration Program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BACnet International is pleased to release the latest BACnet Market Adoption Report, drawn from the BSRIA\u2019s Market Penetration of Communications Protocols 2018 \u2013 2027 market research study.\u00a0BSRIA is a premier [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_acf_changed":false},"categories":[],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BACnet Protocol Expands Dominant Market Share in Latest Market Research Report - 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