Intelligent Building Management Systems Market size is analyzed to grow at a CAGR of 18.5% during the forecast 2022-2027 to reach $22.4 billion by 2027. Intelligent building management systems (IBMS) are used to handle the technology in modern structures. IBMS are building management systems that are further developed with the help of the Internet and accompanying IT infrastructure. The IBMS integrates all of the management systems placed in a building via the Internet protocol (IP) network. Field Programmable Gate Array is useful for prototyping application-specific integrated circuits (ASICs) or processors. Genetic Algorithms (GAs) are employed as an optimization tool to obtain efficient and diverse solutions. The Internet of Things, cloud computing, big data analytics (BDA), fog computing, and artificial intelligence accelerate building management progress. The IBMS market is being driven primarily by the rapidly expanding construction sector. As the population grows, so do t...