BOULDER, CO—A new report from Navigant Research analyzes the global market for building energy management systems (BEMSs) deployed in small and medium-sized commercial buildings.

The market for building energy management systems for small and medium-sized commercial buildings is expanding as building owners and managers demand more energy savings and easier ways to manage energy use in their facilities. While these buildings represent less space, in terms of square feet, than larger commercial buildings, in sheer numbers they make up the majority of commercial buildings worldwide. According to a recent report from Navigant Research, worldwide cumulative investment in BEMSs for small and medium-sized buildings is expected to total nearly $6.1 billion from 2014 to 2022.

“Lower expenditures on energy management in the small and medium-sized building market, along with the lower penetration of advanced controls and building management systems, has limited the penetration of BEMSs in this sector,” says Noah Goldstein, research director with Navigant. “Given the increasing importance of energy savings, however, BEMSs are poised to be a tool that enables savings in both cost and carbon emissions in small and medium buildings.”