Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 89 Billion | USD 222.55 Billion | 10.72% | 2023 |
List of Figures
1. Market research Type
2. Market research methodology
3. Global Smart Building Market, 2018–2028(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Smart Building Marketattractiveness, By Application
6. Global Smart Building Marketattractiveness, By Automation Type
7. Global Smart Building Marketattractiveness, By Service
8. Global Smart Building Marketshare by Application ,2020 and 2028 (USD Billion)
9. Global Smart Building Marketby Commercial, 2018–2028(USD Billion)
10. Global Smart Building Marketby Industrial, 2018–2028(USD Billion)
11. Global Smart Building Marketby Residential, 2018–2028(USD Billion)
12. Global Smart Building Marketshare by Automation Type,2020 and 2028 (USD Billion)
13. Global Smart Building Marketby ENERGY MANAGEMENT, 2018–2028(USD Billion)
14. Global Smart Building Marketby Intelligent Security Systems, , 2018–2028(USD Billion)
15. Global Smart Building Marketby Infrastructure Management, , 2018–2028(USD Billion)
16. Global Smart Building Marketby Network & Communication Management, , 2018–2028(USD Billion)
17. Global Smart Building Marketshare by Service ,2020 and 2028 (USD Billion)
18. Global Smart Building Marketby Professional Services, 2018–2028(USD Billion)
19. Global Smart Building Marketby Managed Services, 2018–2028(USD Billion)
20. Global Smart Building Marketshare, by Region, 2020 and 2028
21. North America Smart Building Market, 2018–2028(USD Billion)
22. Europe Smart Building Market, 2018–2028(USD Billion)
23. Asia Pacific Smart Building Market, 2018–2028(USD Billion)
24. Latin America Smart Building Market, 2018–2028(USD Billion)
25. The Middle East and Africa Smart Building Market, 2018–2028(USD Billion)
List of Tables
1. Global Smart Building Market: snapshot
2. Drivers of the Smart Building Market: impact analysis
3. North America Smart Building Marketrevenue, By Application ,2018–2028(USD Billion)
4. North America Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
5. North America Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
6. The U.S. Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
7. The U.S. Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
8. The U.S. Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
9. Rest of North America Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
10. Rest of North America Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
11. Rest of North America Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
12. Europe Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
13. Europe Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
14. Europe Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
15. UK Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
16. UK Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
17. UK Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
18. France Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
19. France Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
20. France Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
21. Germany Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
22. Germany Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
23. Germany Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
24. Rest of Europe Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
25. Rest of Europe Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
26. Rest of Europe Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
27. Asia Pacific Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
28. Asia Pacific Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
29. Asia Pacific Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
30. China Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
31. China Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
32. China Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
33. Japan Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
34. Japan Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
35. Japan Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
36. India Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
37. India Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
38. India Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
39. Rest of Asia Pacific Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
40. Rest of Asia Pacific Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
41. Rest of Asia Pacific Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
42. Latin America Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
43. Latin America Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
44. Latin America Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
45. Brazil Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
46. Brazil Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
47. Brazil Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
48. Rest of Latin America Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
49. Rest of Latin America Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
50. Rest of Latin America Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
51. The Middle East and Africa Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
52. The Middle East and Africa Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
53. The Middle East and Africa Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
54. Saudi Arabia Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
55. Saudi Arabia Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
56. Saudi Arabia Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
57. South Africa Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
58. South Africa Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
59. South Africa Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
60. Rest of the Middle East & Africa Smart Building MarketRevenue, By Application ,2018–2028(USD Billion)
61. Rest of the Middle East & Africa Smart Building MarketRevenue, By Automation Type,2018–2028(USD Billion)
62. Rest of the Middle East & Africa Smart Building MarketRevenue, By Service ,2018–2028(USD Billion)
FrequentlyAsked Questions
Surge in acceptance of IoT-based building management systems along with massive demand for power efficient tools will steer growth of smart building market over upcoming years. Apart from this, evolution of 5G technology and growing smart city concepts is set to create new growth avenues for smart building industry over forecasting timeframe. Need for reducing operating costs, security management expenses, tenant management costs, and building performance management charges will proliferate expansion of smart building industry. Rise in need of safe & healthy workspace is predicted to propel industry trends.
Zion Market Research has published a report on the global Smart Building Market, estimating its value at USD 89 Billion in 2023, with projections indicating that it will reach USD 222.55 Billion by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 10.72% over the forecast period 2024-2032.
North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to introduction of green building initiatives. In addition to this, growing concerns pertaining to power consumption has resulted in demand for launching of new energy efficient systems for building, thereby steering regional market trends. Presence of giant firms in countries such as the U.S. will promulgate scope of smart building market growth in North America over forecasting timespan.
The key market participants include Siemens AG, Johnson controls, ABB Group, Cisco Systems, Schneider SE, United Technologies Corporation, BuildingIQ, Inc., Honeywell International, IBM Corporation, and Delta Controls.
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