Global Smart Building Market Outlook, 2029
The Global Smart Building Market is segmented into By Component (Solutions, Services), By Solution (Safety and security management, Energy management, Building infrastructure management, Network management, Integrated Workplace Management System (IWMS)), By Services (Implementation, Consulting, Support and maintenance) and By application (Commercial, Residential and Industrial).
- Bonafide Research
- 31-03-2024
- Pages : 158
- Figures : 38
- Tables : 70
- Region : Global
- Category : IT & Telecommunications
- Telecommunications & Networks
The Global Smart Buildings market is anticipated to cross USD 165 Billion by 2029 due to rising demand for energy-efficient and connected infrastructure .
- Historical Period2018-2023
- Base Year2023
- Forecast Period2024-2029
- Market Size (2023) USD 91.19 Billion
- Market Size (2029) USD 165 Billion
- CAGR (2023-2029) 10.8%
- Largest MarketNorth America
- Fastest Market Asia-Pacific
- Format
Featured Companies
- 1. Eaton Corporation
- 2. Honeywell International Inc.
- 3. Hitachi Group
- 4. Cisco Systems Inc.
- 5. Robert Bosch GmbH
- 6. Intel Corporation
- 7. Huawei Technologies Co.Ltd
- 8. ABB Group
- 9. Schneider Electric
- More...
Smart Building Market Market Analysis
Smart buildings, also known as intelligent or automated buildings, are not a thing of the distant future anymore. They are rapidly becoming the new standard in construction and building management, leveraging advanced technologies to enhance efficiency, comfort, and sustainability. A smart building is a structure that uses automated processes to automatically control the building’s operations such as heating, ventilation, air conditioning, lighting, security, and other systems. It employs a combination of technology, artificial intelligence, and internet connectivity to create a comfortable, energy-efficient, and secure environment for its occupants. In the landscape of modern architecture and urban development, the concept of "smart buildings" has emerged as a groundbreaking paradigm shift. These innovative structures are not merely bricks and mortar; they are infused with cutting-edge technology, connectivity, and sustainability features that redefine the way we interact with our environments. From energy efficiency to occupant comfort, smart buildings offer a glimpse into the future of urban living. The concept of smart buildings is rapidly gaining traction worldwide, transforming the way we design, construct, and manage our built environment. The penetration of smart buildings into the market is driven by various factors, including the growing demand for energy efficiency, enhanced comfort, and sustainable practices. The penetration of smart buildings is set to revolutionize the construction and building management industries. It will necessitate the adoption of new construction techniques, the integration of advanced technologies, and the development of new skills among industry professionals. Moreover, the increased penetration of smart buildings will lead to a data-driven approach to building management, enabling more informed decision-making and predictive maintenance. This shift will require the development of robust data management and analytics capabilities. Smart buildings contain a sophisticated control system that controls building operations, such as ventilation, air conditioning, heating, lighting, and other systems, consisting of sensors, actuators, and microchips. The market gains traction as these buildings offer capabilities to lower operational costs, tenant management, security management, and building performance management. Furthermore, the emergence of 5G technology and the rise in smart city projects are expected to create lucrative opportunities for the growth of the industry. For instance, in December 2021, the National University of Singapore (NUS) Department of the Built Environment introduced a new research center to promote the adoption of 5G technologies, accelerate 5G training in smart facilities management, and boost the digital capability of Singapore’s construction industry. According to the research report, “Global Smart Buildings Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 165 Billion by 2029, increasing from USD 91.19 Billion in 2023. The market is expected to grow with 10.80% CAGR by 2024-29. Intelligent climate control, personalized lighting, and optimal indoor air quality create a healthier and more comfortable environment for occupants. By adapting to individual preferences and behavior patterns, smart buildings promote productivity and satisfaction. Through data-driven insights and automated control, smart buildings minimize energy waste and reduce operational costs. By optimizing resource usage and harnessing renewable energy sources, these structures contribute to sustainability goals and carbon footprint reduction. While the initial investment in smart building technology may be substantial, the long-term benefits outweigh the costs. Energy savings, reduced maintenance expenses, and increased property value result in a favorable return on investment for building owners and stakeholders. Smart buildings play a crucial role in creating resilient and sustainable cities. By reducing energy consumption, mitigating environmental impact, and promoting efficient land use, these structures contribute to a more livable and eco-friendly urban environment. Smart building systems are inherently scalable and adaptable, allowing for seamless integration with existing infrastructure and future upgrades. Whether retrofitting existing buildings or designing new constructions, the modular nature of smart technology facilitates customization and evolution over time. The surge in the adoption of smart buildings in multiple regions is driven by the growing need for better utilization of the building (and building premises) and the need for better resource management in urban environments. In addition, the growth in the need for public safety and security is fueling the growth of the smart building market. Such applications prove to be essential in the growth of smart building solutions during the period of the COVID-19 pandemic, which is expected to grow in the coming few years. For instance, smart building solutions can monitor indoor air quality (IAQ), and inform habitants and alerts building operators about the same. Higher indoor air quality is directly associated with health and well-being of building’s habitants.
Click Here to Download this information in a PDF
What's Inside a Bonafide Research`s industry report?
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleMarket Dynamic
Market Drivers • Technological Advancements: Rapid advancement of technology, particularly in areas such as IoT, artificial intelligence, and data analytics drives the market. These technological innovations enable the integration of diverse systems within buildings, allowing for real-time monitoring, analysis, and optimization of various functions such as energy usage, occupant comfort, and security. As technology continues to evolve, smart building solutions become more sophisticated, cost-effective, and accessible, driving increased adoption across industries. • Sustainability Imperatives: The growing emphasis on sustainability and environmental stewardship is another major driver for smart buildings. With rising concerns about climate change and resource depletion, there is a pressing need to reduce energy consumption, minimize carbon emissions, and promote sustainable practices in the built environment. Smart building technologies offer effective solutions to address these challenges by optimizing energy efficiency, harnessing renewable energy sources, and implementing green building principles. As governments, businesses, and consumers prioritize sustainability goals, the demand for smart building solutions is expected to escalate. Market Challenges • Interoperability and Integration: One of the key challenges facing the adoption of smart building technologies is the lack of interoperability and seamless integration among different systems and devices. As smart buildings incorporate numerous technologies from various vendors, ensuring compatibility and communication between disparate systems can be complex and cumbersome. Addressing this challenge requires standardized protocols, open-source platforms, and collaboration among industry stakeholders to facilitate interoperability and streamline integration efforts. • Data Privacy and Security: The proliferation of IoT devices and interconnected systems in smart buildings raises significant concerns regarding data privacy and cybersecurity. With vast amounts of sensitive data being collected, transmitted, and stored, there is a heightened risk of data breaches, unauthorized access, and privacy violations. Securing smart building infrastructure against cyber threats requires robust encryption protocols, authentication mechanisms, and access controls to safeguard data integrity and protect against malicious attacks. Additionally, clear regulations and compliance frameworks are needed to ensure that privacy rights are respected and enforced in smart building environments. Market Trends • Edge Computing and AI: Edge computing, coupled with artificial intelligence (AI), is emerging as a dominant trend in smart buildings. By processing data locally at the edge of the network, rather than relying solely on centralized cloud servers, edge computing enables real-time analytics, faster response times, and reduced latency. AI algorithms deployed at the edge can analyze data streams from IoT sensors, predict system failures, and optimize building operations autonomously, leading to improved efficiency, reliability, and cost savings. • Digital Twin Technology: Digital twin technology is gaining traction as a powerful tool for designing, simulating, and managing smart buildings throughout their lifecycle. A digital twin is a virtual replica of a physical building, synchronized in real-time with its counterpart, enabling stakeholders to visualize, monitor, and optimize building performance in a virtual environment. By creating digital twins of buildings, architects, engineers, and facility managers can conduct predictive simulations, identify potential issues, and make data-driven decisions to enhance operational efficiency and occupant experience.
Smart Building Market Segmentation
| By Solution | Safety and security management | |
| Energy management | ||
| Building infrastructure management | ||
| Network management | ||
| Integrated Workplace Management System (IWMS) | ||
| By Services | Implementation | |
| Consulting | ||
| Support and maintenance | ||
| By Application | Commercial | |
| Residential | ||
| Industrial | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Russia | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| MEA | United Arab Emirates | |
| Saudi Arabia | ||
| South Africa | ||
The solution segment is leading the smart building market which includes building infrastructure management, security & emergency management, and energy management. Energy management is expected to grow rapidly due to increasing green building initiatives and stringent government regulations on energy consumption. The solution segment is estimated to have gained the largest market share in 2022, while services segment is likely to grow at the fastest rate during the forecast period. Smart building solutions use IoT technology, which enable efficient and economical use of resources, such as IoT sensors, analytics software, a user interface, and a means of connectivity. This helps create a safe and comfortable environment for end users. In addition, it uses a range of technology, such as sensors and actuators, to gather activity data on various aspects within the building, which helps analyze and utilize operation more efficiently. For instance, Shanghai’s New Development Bank (NDB) implemented intelligent building solutions to monitor indoor lighting, electric curtains, and windows and witnessed more than 15% energy savings. The security & emergency management solution is expected to gain maximum share. There is increasing demand for security systems, surveillance systems, advanced building operation services, and smart workplace solutions in commercial buildings. Solutions are emerging as the dominant force in the smart buildings market because they offer a comprehensive approach to addressing the diverse needs of building stakeholders. Unlike individual products or technologies, which may focus on specific aspects such as energy management or security, solutions integrate various components and functionalities to deliver overarching benefits. By combining hardware, software, connectivity, and services into cohesive offerings, solutions provide end-to-end capabilities that optimize building performance, enhance occupant experience, and drive operational efficiency. For example, a smart building solution may incorporate sensors for monitoring environmental conditions, a centralized management platform for data analytics and control, and predictive maintenance services to proactively address equipment failures. This holistic approach enables building owners, operators, and occupants to tackle multiple challenges simultaneously, ranging from energy conservation and cost reduction to comfort optimization and sustainability. Moreover, solutions often offer scalability, interoperability, and customization features that align with the evolving needs and preferences of different stakeholders. Safety and security management are leading in the Smart Buildings Market due to the multifaceted challenges posed by an increasingly interconnected and dynamic built environment, where the protection of occupants and assets is paramount. In today's rapidly evolving urban landscape, characterized by intricate networks of buildings, infrastructure, and technology, ensuring the safety and security of occupants and assets has become an imperative for building owners, operators, and occupants alike. The rise of smart buildings has introduced a plethora of opportunities to address these challenges, offering integrated solutions that leverage cutting-edge technologies to detect, deter, and respond to a wide array of threats in real-time. One of the key drivers behind the leadership of safety and security management in the smart buildings market is the multifaceted nature of the risks facing modern built environments. Physical intrusions, unauthorized access, vandalism, natural disasters, and cyber threats are just a few examples of the diverse array of hazards that buildings must contend with on a daily basis. Smart building technologies provide a holistic approach to managing these risks, integrating a range of sensors, surveillance cameras, access control systems, and data analytics tools to create a comprehensive security ecosystem. For instance, advanced video analytics can detect anomalous behavior or unauthorized access attempts, while biometric authentication systems bolster access control measures and identity verification protocols. Moreover, IoT sensors continuously monitor environmental conditions such as air quality, temperature, and humidity, enabling early detection of fire, gas leaks, or other potential hazards. By aggregating and analyzing data from these disparate sources, smart building platforms empower building operators to proactively monitor for threats, respond swiftly to incidents, and coordinate emergency procedures effectively. Furthermore, the convergence of physical security with cybersecurity is a critical aspect of modern safety and security management in smart buildings. As buildings become increasingly interconnected through IoT devices and networked systems, they also become vulnerable to cyber threats such as malware, ransomware, and phishing attacks targeting building automation systems and connected devices. As a result, smart building solutions must incorporate robust cybersecurity measures, including encryption, authentication, and intrusion detection systems, to safeguard against digital threats and ensure the integrity and confidentiality of sensitive data. Implementation services are leading in the Smart Buildings Market due to the complex integration and customization requirements of smart building solutions, necessitating expert guidance and support throughout the deployment process. Implementation services have emerged as a dominant force in the Smart Buildings Market due to the intricate nature of deploying and integrating smart building solutions within diverse built environments. Unlike off-the-shelf products that can be readily deployed, smart building solutions often require extensive customization, integration, and optimization to meet the unique needs and specifications of each building. This complexity stems from the diverse array of technologies involved, including sensors, IoT devices, automation systems, software platforms, and connectivity infrastructure, which must be seamlessly integrated to deliver the desired outcomes. Additionally, smart building deployments may involve retrofitting existing buildings with new technologies, coordinating with multiple stakeholders, and navigating regulatory requirements and industry standards. Implementation services play a critical role in guiding building owners, operators, and developers through every stage of the deployment process, from initial planning and design to installation, configuration, and commissioning. These services encompass a wide range of activities, including site assessments, system design, project management, procurement, testing, training, and ongoing support. By leveraging their expertise and experience, implementation service providers help ensure the successful deployment and operation of smart building solutions, mitigating risks, optimizing performance, and maximizing return on investment for their clients. Moreover, implementation services facilitate knowledge transfer and capacity building within organizations, empowering stakeholders to effectively manage and maintain smart building systems over the long term. As the complexity and scale of smart building deployments continue to grow, the demand for expert implementation services is expected to increase, driving the leadership of implementation services in the Smart Buildings Market. The commercial segment is expected to dominate the market, owing to increasing focus by stakeholders such as developers and owners of Commercial Real Estate (CRE) on the intelligent building to reduce operational costs. Commercial applications are leading in the Smart Buildings Market due to the significant cost savings, efficiency improvements, and productivity gains that smart building solutions offer to businesses and organizations. Commercial applications have emerged as the frontrunners in the Smart Buildings Market owing to the compelling value proposition that smart building solutions present to businesses, corporations, and organizations of all sizes. Unlike residential or institutional buildings, commercial buildings typically house a myriad of functions, including offices, retail spaces, restaurants, hotels, and entertainment venues, each with unique operational requirements and demands. Smart building technologies offer tailored solutions that address these diverse needs, delivering tangible benefits in terms of cost savings, efficiency improvements, and productivity gains. One of the primary drivers behind the leadership of commercial applications in the smart buildings market is the potential for significant cost savings. Energy represents a substantial operational expense for commercial buildings, accounting for a significant portion of their operating budgets. Smart building solutions enable businesses to optimize energy usage, reduce wastage, and lower utility bills through features such as automated lighting control, occupancy-based HVAC scheduling, and real-time energy monitoring and analytics. By identifying inefficiencies and implementing energy-saving measures, commercial building owners and operators can achieve substantial cost savings over time, enhancing their bottom line and profitability. Moreover, smart building technologies offer opportunities for operational efficiency improvements that translate into tangible business benefits. By integrating various building systems such as HVAC, lighting, security, and access control into centralized management platforms, smart buildings enable streamlined operations, proactive maintenance, and optimized resource allocation. For example, predictive maintenance algorithms can identify equipment failures before they occur, minimizing downtime and disruptions to business operations. Additionally, smart building solutions can enhance occupant comfort and satisfaction, contributing to higher employee morale, productivity, and retention rates. In commercial settings such as retail stores and hospitality venues, smart building technologies can also enhance the customer experience through personalized services, targeted marketing, and interactive features. As businesses increasingly recognize the value of smart building investments in driving cost savings, efficiency improvements, and customer satisfaction, the demand for commercial applications in the smart buildings market is expected to continue to grow.
Click Here to Download this information in a PDF
Smart Building Market Market Regional Insights
North America is expected to dominate the regional revenue share during the forecast period as prominent companies across regional industries are shifting toward intelligent building solutions to boost workplace operations. North America has emerged as the frontrunner in the Smart Buildings Market, driven by a combination of factors that have propelled the region to the forefront of smart building adoption and innovation. One of the primary reasons behind North America's leadership in the smart buildings market is its robust infrastructure, characterized by modern building stock, advanced telecommunications networks, and widespread access to high-speed internet connectivity. This infrastructure provides a solid foundation for the deployment and integration of smart building technologies, enabling seamless connectivity and interoperability among diverse systems and devices. Moreover, North America boasts a highly developed ecosystem of technology providers, solution integrators, and service providers specializing in smart building solutions. The region is home to numerous leading companies and startups at the forefront of innovation in areas such as IoT, artificial intelligence, data analytics, and cloud computing, driving the development and adoption of cutting-edge smart building technologies. Additionally, North America benefits from a supportive regulatory environment that encourages investment in smart building initiatives and fosters collaboration among industry stakeholders. Government initiatives, incentives, and regulations aimed at promoting energy efficiency, sustainability, and building automation have incentivized building owners, developers, and operators to invest in smart building solutions. For example, programs such as Energy Star and LEED certification provide recognition and incentives for buildings that meet certain energy performance and sustainability criteria, driving demand for smart building technologies that enable compliance with these standards. Furthermore, initiatives at the state and municipal levels, such as building codes and ordinances requiring the implementation of energy-efficient and smart technologies, have contributed to the widespread adoption of smart building solutions across North America.
Click Here to Download this information in a PDF
Key Development
• In July 2023, Siemens partnered with PRODEA Investments, one of the real estate investment companies in Greece, to implement Building X. Building X is a Siemens digital building platform. • In April 2023, Obayashi Corporation and Hitachi Solutions Ltd incorporated Oprizon Ltd, a joint venture for providing smart building-related services, based on the Joint Venture Agreement executed in January 2023, to become the leading smart building service provider and started operation in April 2023. • In March 2023, Siemens Smart Infrastructure introduced Connect Box, an open and easy-to-use IoT solution for small- to medium-sized buildings. The addition to the Siemens Xcelerator portfolio, Connect Box, is mainly a user-friendly approach for monitoring building performance, with the potential to optimize energy efficiency by up to around 30% and to substantially improve the overall indoor air quality in small to medium-sized buildings such as schools, retail shops, apartments, or small offices. • In May 2023, Delta, announced a smart community hub enabled by its broader portfolio of IoT-based Smart Green Solutions. The "Intelligent Sustainable Connecting Hub" features an intelligent Operation Center with a multi-functional management platform for companies to manage critical operations, including carbon emissions inventory and renewable power matching. Moreover, the new VORTEX, cloud-based video surveillance as a service (VSaaS), the smart microgrid-supported EV charging infrastructure, and the energy-efficient data center solution demonstrate how Delta's solutions integrate seamlessly to ensure the sustainable development of many sectors.
Companies Mentioned
- Eaton Corporation
- Honeywell International Inc.
- Hitachi Group
- Cisco Systems Inc.
- Robert Bosch GmbH
- Intel Corporation
- Huawei Technologies Co.Ltd
- ABB Group
- Schneider Electric
- Siemens AG
- Johnson Controls International Plc
- Delta Electronics
- IBM Corporation
- Legrand S.A
- Xiaomi Corporation
- Trane Technologies plc
- PTC Inc.
- Avnet, Inc.
- KMC Controls
- L&T Technology Services
Table of Contents
- 1. Executive Summary
- 2. Market Dynamics
- 2.1. Market Drivers & Opportunities
- 2.2. Market Restraints & Challenges
- 2.3. Market Trends
- 2.3.1. XXXX
- 2.3.2. XXXX
- 2.3.3. XXXX
- 2.3.4. XXXX
- 2.3.5. XXXX
- 2.4. Covid-19 Effect
- 2.5. Supply chain Analysis
- 2.6. Policy & Regulatory Framework
- 2.7. Industry Experts Views
- 3. Research Methodology
- 3.1. Secondary Research
- 3.2. Primary Data Collection
- 3.3. Market Formation & Validation
- 3.4. Report Writing, Quality Check & Delivery
- 4. Market Structure
- 4.1. Market Considerate
- 4.2. Assumptions
- 4.3. Limitations
- 4.4. Abbreviations
- 4.5. Sources
- 4.6. Definitions
- 5. Economic /Demographic Snapshot
- 6. Global Smart Building Market Outlook
- 6.1. Market Size By Value
- 6.2. Market Share By Region
- 6.3. Market Size and Forecast, By Geography
- 6.4. Market Size and Forecast, By Component
- 6.5. Market Size and Forecast, By Solution Component
- 6.6. Market Size and Forecast, By Services Components
- 6.7. Market Size and Forecast, By Application
- 7. North America Smart Building Market Outlook
- 7.1. Market Size By Value
- 7.2. Market Share By Country
- 7.3. Market Size and Forecast, By Component
- 7.4. Market Size and Forecast, By Solution Component
- 7.5. Market Size and Forecast, By Services Components
- 7.6. Market Size and Forecast, By Application
- 7.7. United States Smart Building Market Outlook
- 7.7.1. Market Size By Value
- 7.7.2. Market Size and Forecast By Component
- 7.7.3. Market Size and Forecast By Application
- 7.8. Canada Smart Building Market Outlook
- 7.8.1. Market Size By Value
- 7.8.2. Market Size and Forecast By Component
- 7.8.3. Market Size and Forecast By Application
- 7.9. Mexico Smart Building Market Outlook
- 7.9.1. Market Size By Value
- 7.9.2. Market Size and Forecast By Component
- 7.9.3. Market Size and Forecast By Application
- 8. Europe Smart Building Market Outlook
- 8.1. Market Size By Value
- 8.2. Market Share By Country
- 8.3. Market Size and Forecast, By Component
- 8.4. Market Size and Forecast, By Solution Component
- 8.5. Market Size and Forecast, By Services Components
- 8.6. Market Size and Forecast, By Application
- 8.7. Germany Smart Building Market Outlook
- 8.7.1. Market Size By Value
- 8.7.2. Market Size and Forecast By Component
- 8.7.3. Market Size and Forecast By Application
- 8.8. United Kingdom Smart Building Market Outlook
- 8.8.1. Market Size By Value
- 8.8.2. Market Size and Forecast By Component
- 8.8.3. Market Size and Forecast By Application
- 8.9. France Smart Building Market Outlook
- 8.9.1. Market Size By Value
- 8.9.2. Market Size and Forecast By Component
- 8.9.3. Market Size and Forecast By Application
- 8.10. Italy Smart Building Market Outlook
- 8.10.1. Market Size By Value
- 8.10.2. Market Size and Forecast By Component
- 8.10.3. Market Size and Forecast By Application
- 8.11. Spain Smart Building Market Outlook
- 8.11.1. Market Size By Value
- 8.11.2. Market Size and Forecast By Component
- 8.11.3. Market Size and Forecast By Application
- 8.12. Russia Smart Building Market Outlook
- 8.12.1. Market Size By Value
- 8.12.2. Market Size and Forecast By Component
- 8.12.3. Market Size and Forecast By Application
- 9. Asia-Pacific Smart Building Market Outlook
- 9.1. Market Size By Value
- 9.2. Market Share By Country
- 9.3. Market Size and Forecast, By Component
- 9.4. Market Size and Forecast, By Solution Component
- 9.5. Market Size and Forecast, By Services Components
- 9.6. Market Size and Forecast, By Application
- 9.7. China Smart Building Market Outlook
- 9.7.1. Market Size By Value
- 9.7.2. Market Size and Forecast By Component
- 9.7.3. Market Size and Forecast By Application
- 9.8. Japan Smart Building Market Outlook
- 9.8.1. Market Size By Value
- 9.8.2. Market Size and Forecast By Component
- 9.8.3. Market Size and Forecast By Application
- 9.9. India Smart Building Market Outlook
- 9.9.1. Market Size By Value
- 9.9.2. Market Size and Forecast By Component
- 9.9.3. Market Size and Forecast By Application
- 9.10. Australia Smart Building Market Outlook
- 9.10.1. Market Size By Value
- 9.10.2. Market Size and Forecast By Component
- 9.10.3. Market Size and Forecast By Application
- 9.11. South Korea Smart Building Market Outlook
- 9.11.1. Market Size By Value
- 9.11.2. Market Size and Forecast By Component
- 9.11.3. Market Size and Forecast By Application
- 10. South America Smart Building Market Outlook
- 10.1. Market Size By Value
- 10.2. Market Share By Country
- 10.3. Market Size and Forecast, By Component
- 10.4. Market Size and Forecast, By Solution Component
- 10.5. Market Size and Forecast, By Services Components
- 10.6. Market Size and Forecast, By Application
- 10.7. Brazil Smart Building Market Outlook
- 10.7.1. Market Size By Value
- 10.7.2. Market Size and Forecast By Component
- 10.7.3. Market Size and Forecast By Application
- 10.8. Argentina Smart Building Market Outlook
- 10.8.1. Market Size By Value
- 10.8.2. Market Size and Forecast By Component
- 10.8.3. Market Size and Forecast By Application
- 10.9. Columbia Smart Building Market Outlook
- 10.9.1. Market Size By Value
- 10.9.2. Market Size and Forecast By Component
- 10.9.3. Market Size and Forecast By Application
- 11. Middle East & Africa Smart Building Market Outlook
- 11.1. Market Size By Value
- 11.2. Market Share By Country
- 11.3. Market Size and Forecast, By Component
- 11.4. Market Size and Forecast, By Solution Component
- 11.5. Market Size and Forecast, By Services Components
- 11.6. Market Size and Forecast, By Application
- 11.7. UAE Smart Building Market Outlook
- 11.7.1. Market Size By Value
- 11.7.2. Market Size and Forecast By Component
- 11.7.3. Market Size and Forecast By Application
- 11.8. Saudi Arabia Smart Building Market Outlook
- 11.8.1. Market Size By Value
- 11.8.2. Market Size and Forecast By Component
- 11.8.3. Market Size and Forecast By Application
- 11.9. South Africa Smart Building Market Outlook
- 11.9.1. Market Size By Value
- 11.9.2. Market Size and Forecast By Component
- 11.9.3. Market Size and Forecast By Application
- 12. Competitive Landscape
- 12.1. Competitive Dashboard
- 12.2. Business Strategies Adopted by Key Players
- 12.3. Key Players Market Share Insights and Analysis, 2022
- 12.4. Key Players Market Positioning Matrix
- 12.5. Porter's Five Forces
- 12.6. Company Profile
- 12.6.1. Honeywell International Inc.
- 12.6.1.1. Company Snapshot
- 12.6.1.2. Company Overview
- 12.6.1.3. Financial Highlights
- 12.6.1.4. Geographic Insights
- 12.6.1.5. Business Segment & Performance
- 12.6.1.6. Product Portfolio
- 12.6.1.7. Key Executives
- 12.6.1.8. Strategic Moves & Developments
- 12.6.2. Siemens AG
- 12.6.3. Schneider Electric SE
- 12.6.4. The International Business Machines Corporation
- 12.6.5. ABB Ltd
- 12.6.6. Cisco Systems, Inc
- 12.6.7. Hitachi, Ltd.
- 12.6.8. Legrand S.A.
- 12.6.9. Intel Corporation
- 12.6.10. Johnson Controls International
- 12.6.11. Eaton Corporation plc
- 12.6.12. Avnet, Inc.
- 12.6.13. Robert Bosch GmbH,
- 12.6.14. Delta Electronics, Inc
- 12.6.15. KMC Controls
- 12.6.16. PTC
- 12.6.17. Trane Technologies plc
- 12.6.18. Xiaomi Corporation
- 12.6.19. Huawei Technologies Co., Ltd.
- 12.6.20. L&T Technology Services
- 13. Strategic Recommendations
- 14. Annexure
- 14.1. FAQ`s
- 14.2. Notes
- 14.3. Related Reports
- 15. Disclaimer
Table 2: Influencing Factors for Smart Building Market, 2023
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Smart Building Market Size and Forecast, By Geography (2018 to 2029F) (In USD Billion)
Table 7: Global Smart Building Market Size and Forecast, By Component (2018 to 2029F) (In USD Billion)
Table 8: Global Smart Building Market Size and Forecast, By Solution Component (2018 to 2029F) (In USD Billion)
Table 9: Global Smart Building Market Size and Forecast, By Services Components (2018 to 2029F) (In USD Billion)
Table 10: Global Smart Building Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 11: North America Smart Building Market Size and Forecast, By Component (2018 to 2029F) (In USD Billion)
Table 12: North America Smart Building Market Size and Forecast, By Solution Component (2018 to 2029F) (In USD Billion)
Table 13: North America Smart Building Market Size and Forecast, By Services Components (2018 to 2029F) (In USD Billion)
Table 14: North America Smart Building Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 15: United States Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 16: United States Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 17: Canada Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 18: Canada Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 19: Mexico Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 20: Mexico Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 21: Europe Smart Building Market Size and Forecast, By Component (2018 to 2029F) (In USD Billion)
Table 22: Europe Smart Building Market Size and Forecast, By Solution Component (2018 to 2029F) (In USD Billion)
Table 23: Europe Smart Building Market Size and Forecast, By Services Components (2018 to 2029F) (In USD Billion)
Table 24: Europe Smart Building Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 25: Germany Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 26: Germany Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 27: United Kingdom Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 28: United Kingdom Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 29: France Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 30: France Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 31: Italy Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 32: Italy Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 33: Spain Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 34: Spain Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 35: Russia Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 36: Russia Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 37: Asia-Pacific Smart Building Market Size and Forecast, By Component (2018 to 2029F) (In USD Billion)
Table 38: Asia-Pacific Smart Building Market Size and Forecast, By Solution Component (2018 to 2029F) (In USD Billion)
Table 39: Asia-Pacific Smart Building Market Size and Forecast, By Services Components (2018 to 2029F) (In USD Billion)
Table 40: Asia-Pacific Smart Building Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 41: China Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 42: China Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 43: Japan Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 44: Japan Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 45: India Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 46: India Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 47: Australia Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 48: Australia Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 49: South Korea Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 50: South Korea Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 51: South America Smart Building Market Size and Forecast, By Component (2018 to 2029F) (In USD Billion)
Table 52: South America Smart Building Market Size and Forecast, By Solution Component (2018 to 2029F) (In USD Billion)
Table 53: South America Smart Building Market Size and Forecast, By Services Components (2018 to 2029F) (In USD Billion)
Table 54: South America Smart Building Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 55: Brazil Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 56: Brazil Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 57: Argentina Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 58: Argentina Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 59: Columbia Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 60: Columbia Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 61: Middle East & Africa Smart Building Market Size and Forecast, By Component (2018 to 2029F) (In USD Billion)
Table 62: Middle East & Africa Smart Building Market Size and Forecast, By Solution Component (2018 to 2029F) (In USD Billion)
Table 63: Middle East & Africa Smart Building Market Size and Forecast, By Services Components (2018 to 2029F) (In USD Billion)
Table 64: Middle East & Africa Smart Building Market Size and Forecast, By Application (2018 to 2029F) (In USD Billion)
Table 65: UAE Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 66: UAE Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 67: Saudi Arabia Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 68: Saudi Arabia Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Table 69: South Africa Smart Building Market Size and Forecast By Component (2018 to 2029F) (In USD Billion)
Table 70: South Africa Smart Building Market Size and Forecast By Application (2018 to 2029F) (In USD Billion)
Figure 2: Market attractiveness Index, By Region 2029
Figure 3: Market attractiveness Index, By Segment 2029
Figure 4: Global Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 5: Global Smart Building Market Share By Region (2023)
Figure 6: North America Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 7: North America Smart Building Market Share By Country (2023)
Figure 8: US Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 9: Canada Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 10: Mexico Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 11: Europe Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 12: Europe Smart Building Market Share By Country (2023)
Figure 13: Germany Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 14: UK Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 15: France Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 16: Italy Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 17: Spain Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 18: Russia Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 19: Asia-Pacific Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 20: Asia-Pacific Smart Building Market Share By Country (2023)
Figure 21: China Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 22: Japan Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 23: India Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 24: Australia Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 25: South Korea Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 26: South America Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 27: South America Smart Building Market Share By Country (2023)
Figure 28: Brazil Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 29: Argentina Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 30: Columbia Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 31: Middle East & Africa Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 32: Middle East & Africa Smart Building Market Share By Country (2023)
Figure 33: UAE Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 34: Saudi Arabia Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 35: South Africa Smart Building Market Size By Value (2018, 2023 & 2029F) (in USD Billion)
Figure 36: Competitive Dashboard of top 5 players, 2023
Figure 37: Market Share insights of key players, 2023
Figure 38: Porter's Five Forces of Global Smart Building Market
Smart Building Market Market Research FAQs
Related Reports
Allows one individual to access the purchased report Read More
Allows up to five individuals to access the purchased report Read More
Allows all employees of an organization to access the purchased report. Internal sharing only Read More
Allows all employees of an organization to access the purchased report. It also permits the use of up to 4 paragraphs or 1 page of the report externally in whitepapers, press releases, and marketing collateral Read More
Safe and Secure SSL Encrypted
Quick Contacts
Want to customize this report?
We offer 100% Free Customization at the time of purchase
Get Free Customization
Trusted Partners
Budget constraints? Get in touch with us for special pricing
Request DiscountOrder Detail
- Order Placed (17 May, 2024)
- Notify To Team (17 May, 2024)
- Report updation (18 May, 2024)
- Report Quality Check (18 May, 2024)
- Report Dispatch (19 May, 2024)
- Hard Copy
Recently Viewed Products
Global Smart Building Market Outlook, 2029
We are friendly and approachable, give us a call.