The HVAC software market is poised for significant growth over the next decade, driven by advancements in technology, increasing sustainability mandates, and the expanding construction sector.
NEWARK, DE / ACCESS Newswire / January 29, 2025 / The HVAC software market is projected to experience robust growth from 2025 to 2035, driven by technological advancements and the growing demand for smart building solutions. The market, which generated USD 685.9 million in revenue in 2024, is expected to reach USD 737.7 million in 2025, marking a year-over-year (Y-o-Y) growth of 6.3%. By 2035, the market is anticipated to double, reaching a valuation of USD 1527.5 million, supported by a compound annual growth rate (CAGR) of 7.6% over the forecast period.
HVAC software refers to digital solutions designed to manage, operate, and optimize heating, ventilation, and air conditioning systems. These software platforms provide advanced features such as system monitoring, energy management, predictive maintenance, scheduling, and remote diagnostics, catering to residential, commercial, and industrial users.
The integration of IoT, artificial intelligence (AI), and cloud technologies has revolutionized HVAC systems, improving operational efficiency, reducing energy consumption, and supporting sustainability initiatives. As the construction industry expands globally and sustainability becomes a focal point, HVAC software is becoming an indispensable tool for facility managers and building owners.
Request a Sample of this Report:
https://www.futuremarketinsights.com/report-sample#5245502d47422d3135313034
Key factors driving the market's growth include the rise in adoption of smart building technologies, government mandates for energy efficiency, and the increasing shift toward digital transformation in facility management. The need for remote management solutions, amplified by hybrid work models, is further accelerating market demand, particularly in emerging economies.
Key Takeaways from Market Study
The global HVAC software market is forecasted to grow at a CAGR of 7.6% from 2025 to 2035.
Revenue is projected to increase from USD 737.7 million in 2025 to USD 1527.5 million by 2035.
The market exhibited a Y-o-Y growth of 6.3% in 2025 compared to 2024.
IoT, AI, and cloud-based integrations are the key technological advancements enhancing HVAC software functionality.
Growing adoption of smart building technologies and remote management solutions are primary market drivers.
"The HVAC software market is entering a transformative phase as sustainability and energy efficiency become global priorities. Organizations are leveraging advanced software solutions to meet stringent energy mandates and reduce operational costs. The integration of IoT and AI technologies has unlocked new possibilities, enabling predictive maintenance and real-time monitoring, which significantly enhance operational reliability. Emerging economies, with their rapid urbanization and construction activities, are poised to contribute significantly to market growth. As digital transformation accelerates, the demand for connected, efficient, and adaptive HVAC systems will propel the adoption of software solutions in the sector." Opines Sudip Saha, managing director at Future Market Insights (FMI) analyst.
Component Insights
The HVAC software market comprises several components, including energy management solutions, predictive maintenance tools, system monitoring platforms, and scheduling applications. Among these, energy management solutions hold a significant share due to increasing mandates on energy efficiency and the rising need to reduce energy consumption in buildings.
Predictive maintenance tools are gaining traction as they enable proactive identification of system failures, minimizing downtime and repair costs. The adoption of cloud-based software solutions is also on the rise, offering scalability, flexibility, and ease of access. Remote diagnostics tools, essential in hybrid work environments, are becoming indispensable for ensuring optimal HVAC system performance.
How Have Evolutions In HVAC Systems Are Given A Boost To The Market For HVAC Software?
New technologies boost demand for HVAC systems, and the resultant boost in enterprise growth gives rise to a demand for HVAC software
In recent years, there have been a number of technologies emerging in the HVAC industry. Smart technology means that all the appliances in a consumer's physical unit can be interconnected and both accessed and controlled via even a simple mobile app.
Sustainable technology is also on the rise and gaining popularity due to the growth of environmental consciousness amongst consumers. HVAC software can also provide training integrations with new forms of technician training programs, such as those using VR technology to test responses in challenging situations.
Zoned HVAC systems controls can serve various areas of the unit as per requirements. All these technologies mean that the market for HVAC systems is increasing. As the demand for these systems rises, there is a resultant rise in the number and scale of the companies providing these systems and repairs for them.
This growth and upscale is only possible if companies harness the benefits of HVAC software for their management requirements.
How Has Dispatch Software For HVAC Contributed To Demand?
HVAC software helps enterprises get the best possible results from technicians
HVAC dispatching software is a type of HVAC software that gives industries transparency in technician analytics and data and allows for customer reviews and tracking of experiences. Good customer service and the increase in consumer satisfaction for this industry entail the assignment of the best technician possible for a job so that the job can be done as efficiently and fast as possible.
Using dispatch software, companies can harness the prowess of the cloud to find the best possible technician or a job, taking into account various factors such as geographic location, skill level, review history, and distance from consumer. Further, the monitoring of these technicians is also a benefit.
HVAC software is also beneficial to technicians themselves. Through this software, they can enter inspection data for various products and services to use in future repairs. They also gain from the faster, almost on-invoicing systems provided, wherein an invoice can automatically be generated when the specifications of HVAC service software provided, hours taken, specific materials spent, warranty guidelines, etc. are stored and taken into account.
Key Companies & Market Share Insights
Honeywell International Inc.
Johnson Controls International plc
Siemens AG
Carrier Global Corporation
Trane Technologies plc
Lennox International Inc.
Mitsubishi Electric Corporation
Daikin Industries Ltd.
Startups and emerging players are also entering the market, leveraging advanced technologies to disrupt traditional systems. Strategic partnerships, mergers, and acquisitions are prevalent as companies aim to strengthen their market presence and expand their customer base. The competitive landscape is characterized by a mix of established players and agile newcomers, collectively driving the industry's growth.
Unlock Insights into the Vertical Solution Industry: Trends, Strategies, and Growth Drivers & Challenges @ https://www.futuremarketinsights.com/industry-analysis/vertical-solution
Growth Drivers
Several factors are fueling the growth of the HVAC software market:
Energy Efficiency Regulations: Governments across the globe are implementing strict energy efficiency standards, prompting the adoption of advanced HVAC software to comply with these mandates.
Smart Technology Integration: The combination of IoT, AI, and cloud computing enhances system capabilities, driving the demand for smart HVAC solutions.
Sustainability Goals: Organizations are increasingly adopting green building certifications, emphasizing energy optimization through software solutions.
Construction Industry Expansion: The booming construction sector, particularly in Asia-Pacific and the Middle East, is a major contributor to market growth.
Remote Management Needs: Hybrid work models and remote operations are boosting demand for software that enables real-time monitoring and diagnostics.
Regional Analysis of HVAC Software Market
The HVAC software market exhibits varied growth patterns across regions:
North America: As the largest market, North America benefits from advanced technological adoption, strong regulatory frameworks, and a well-established construction sector. The region is expected to maintain steady growth, driven by energy efficiency mandates and the integration of IoT in building systems.
Europe: Europe's focus on sustainability and green energy is propelling the demand for HVAC software. The European Union's energy efficiency directives are a significant market driver in this region.
Asia-Pacific: Emerging economies like China and India are experiencing rapid urbanization and infrastructure development, fueling market expansion. The adoption of smart building technologies is gaining momentum, further enhancing growth prospects.
Middle East & Africa: The construction boom in the Middle East, particularly in the UAE and Saudi Arabia, is creating substantial opportunities for HVAC software providers. Additionally, the increasing emphasis on energy optimization aligns with the region's sustainability goals.
Latin America: While a smaller market compared to others, Latin America is witnessing gradual growth due to increased investments in infrastructure and the adoption of energy-efficient technologies.
Key Segments of HVAC Industry:
By Deployment:
In terms of Deployment is segregated Cloud-Based HVAC Software and Web-based HVAC Software.
By Enterprise Size:
In terms of Enterprise Size, is distributed into Small and Medium Enterprises and Large Enterprises.
By Region:
Key countries of North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & pacific, Middle East and Africa (MEA) have been covered in the report.
To Gain In-Depth Insights on Market, Browse the Complete Report: https://www.futuremarketinsights.com/reports/hvac-software-market
Top Reports Related to Technology Market:
The global document imaging market size is expected to grow from USD 119.7 Billion in 2022 to USD 267.7 Billion by 2029. The document imaging market is anticipated to grow at a CAGR of 12.2% from 2022 to 2029.
Demand for document capture software market share is anticipated to reach USD 8,785.9 million in 2023, against USD 8,211.1 million in 2022. According to the latest report by FMI, the global document capture software market is expected to garner USD 20,109.8 million by 2033, exhibiting a CAGR of 8.6% during the forecast period.
The global telecommunications services market revenue by the end of 2021 was USD 1,725.1 Bn. The market is expected to reach USD 3,303.3 Bn by 2032, as it is estimated to grow at a CAGR of 6.2% for 2022-2032.
The corporate wellness solution market demand is anticipated to surge from USD 81.3 billion in 2024 to USD 204 billion by 2034. Sales of corporate wellness solutions are expected to flourish at a CAGR of 9.6% from 2024 to 2034.
The global corporate wellness software market trends is estimated to hold a valuation of USD 554.0 million in 2023. With a CAGR of 6.5% from 2023 to 2033, the market is expected to surpass USD 1,043.1 million by 2033.
The corporate event planner market overview is anticipated to flourish at a booming CAGR of 31.8% between 2023 and 2033. The market is expected to hold a market share of USD 6,196.4 billion by 2033, while the market is likely to reach a value of USD 390.7 billion in 2023.
The sales training and onboarding software market type is anticipated to have a steady CAGR of 8.2% during the period 2022 to 2032.
Medical Electronics Market Segmentation: The global medical electronics market has currently crossed the billion-dollar mark and is predicted to advance at a CAGR of 6.6% from 2022 to 2032.
The global Traffic Sensors market is valued at USD 841.8 million in 2024. The industry was seen to have USD 788.2 million in 2023. The industry is projected to show a CAGR of 6.8% from 2024 to 2034.
The global marketing transcription market forecast is estimated at USD 1.9 billion in 2023. The market is projected to reach USD 4.4 billion by 2033, exhibiting a CAGR of 8.6% from 2023 to 2033.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website:https://www.futuremarketinsights.com
LinkedIn | Twitter | Blogs | YouTube
SOURCE: Future Market Insights, Inc.
View the original press release on ACCESS Newswire
