Global Smart Building Market Research Report 2025(Status and Outlook)
Description
Report Overview
The smart building market encompasses structures equipped with integrated systems and technologies that optimize energy efficiency, operational performance, and occupant comfort through automation, data analytics, and IoT (Internet of Things) connectivity. These buildings utilize sensors, AI-driven management platforms, and real-time monitoring to control lighting, HVAC, security, and other critical functions, reducing energy consumption and operational costs while enhancing sustainability. The market is driven by urbanization, stringent energy regulations, and the growing adoption of green building standards, with applications spanning commercial offices, healthcare facilities, residential complexes, and industrial spaces. Key technologies include Building Management Systems (BMS), IoT-enabled devices, and cloud-based analytics, with major players focusing on interoperability and scalability to meet the demand for smarter, more adaptive infrastructure. The rise of 5G and edge computing further accelerates innovation, enabling faster data processing and seamless integration of smart solutions.
The global Smart Building market size was estimated at USD 96562.68 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 12.00% during the forecast period.
This report provides a deep insight into the global Smart Building market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Building Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Building market in any manner.
Global Smart Building Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Johnson Controls
Honeywell
Schneider
UTC
Siemens
Ingersoll Rand (Trane)
Azbil
ABB
Emerson
Eaton
Control4
Bosch
Panasonic
Delta Controls
Legrand
Cisco
IBM
Advantech
Current (GE)
Carrier
Otis
Hitachi
Market Segmentation (by Type)
Building Management System (BMS)
Heating, Ventilating, and Air Conditioning (HVAC)
Lighting Control
Security and Access Control
Emergency Alarm and Evacuation System
Audio and Visual Effects
Escalator
Elevator
Others
Market Segmentation (by Application)
Government Buildings
Residential Buildings
Commercial Building
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Smart Building Market
Overview of the regional outlook of the Smart Building Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Smart Building Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Smart Building, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
The smart building market encompasses structures equipped with integrated systems and technologies that optimize energy efficiency, operational performance, and occupant comfort through automation, data analytics, and IoT (Internet of Things) connectivity. These buildings utilize sensors, AI-driven management platforms, and real-time monitoring to control lighting, HVAC, security, and other critical functions, reducing energy consumption and operational costs while enhancing sustainability. The market is driven by urbanization, stringent energy regulations, and the growing adoption of green building standards, with applications spanning commercial offices, healthcare facilities, residential complexes, and industrial spaces. Key technologies include Building Management Systems (BMS), IoT-enabled devices, and cloud-based analytics, with major players focusing on interoperability and scalability to meet the demand for smarter, more adaptive infrastructure. The rise of 5G and edge computing further accelerates innovation, enabling faster data processing and seamless integration of smart solutions.
The global Smart Building market size was estimated at USD 96562.68 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 12.00% during the forecast period.
This report provides a deep insight into the global Smart Building market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Smart Building Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Smart Building market in any manner.
Global Smart Building Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Johnson Controls
Honeywell
Schneider
UTC
Siemens
Ingersoll Rand (Trane)
Azbil
ABB
Emerson
Eaton
Control4
Bosch
Panasonic
Delta Controls
Legrand
Cisco
IBM
Advantech
Current (GE)
Carrier
Otis
Hitachi
Market Segmentation (by Type)
Building Management System (BMS)
Heating, Ventilating, and Air Conditioning (HVAC)
Lighting Control
Security and Access Control
Emergency Alarm and Evacuation System
Audio and Visual Effects
Escalator
Elevator
Others
Market Segmentation (by Application)
Government Buildings
Residential Buildings
Commercial Building
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Smart Building Market
Overview of the regional outlook of the Smart Building Market:
Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Smart Building Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 shares the main producing countries of Smart Building, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.
Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.
Chapter 13 is the main points and conclusions of the report.
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
Table of Contents
136 Pages
- 1 Research Methodology And Statistical Scope
- 1.1 Market Definition And Statistical Scope Of Smart Building
- 1.2 Key Market Segments
- 1.2.1 Smart Building Segment By Type
- 1.2.2 Smart Building Segment By Application
- 1.3 Methodology & Sources Of Information
- 1.3.1 Research Methodology
- 1.3.2 Research Process
- 1.3.3 Market Breakdown And Data Triangulation
- 1.3.4 Base Year
- 1.3.5 Report Assumptions & Caveats
- 2 Smart Building Market Overview
- 2.1 Global Market Overview
- 2.2 Market Segment Executive Summary
- 2.3 Global Market Size By Region
- 3 Smart Building Market Competitive Landscape
- 3.1 Company Assessment Quadrant
- 3.2 Global Smart Building Product Life Cycle
- 3.3 Global Smart Building Revenue Market Share By Company (2020-2025)
- 3.4 Smart Building Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
- 3.5 Smart Building Company Headquarters, Area Served, Product Type
- 3.6 Smart Building Market Competitive Situation And Trends
- 3.6.1 Smart Building Market Concentration Rate
- 3.6.2 Global 5 And 10 Largest Smart Building Players Market Share By Revenue
- 3.6.3 Mergers & Acquisitions, Expansion
- 4 Smart Building Value Chain Analysis
- 4.1 Smart Building Value Chain Analysis
- 4.2 Midstream Market Analysis
- 4.3 Downstream Customer Analysis
- 5 The Development And Dynamics Of Smart Building Market
- 5.1 Key Development Trends
- 5.2 Driving Factors
- 5.3 Market Challenges
- 5.4 Industry News
- 5.4.1 New Product Developments
- 5.4.2 Mergers & Acquisitions
- 5.4.3 Expansions
- 5.4.4 Collaboration/Supply Contracts
- 5.5 Pest Analysis
- 5.5.1 Industry Policies Analysis
- 5.5.2 Economic Environment Analysis
- 5.5.3 Social Environment Analysis
- 5.5.4 Technological Environment Analysis
- 5.6 Global Smart Building Market Porter's Five Forces Analysis
- 6 Smart Building Market Segmentation By Type
- 6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
- 6.2 Global Smart Building Market Size Market Share By Type (2020-2025)
- 6.3 Global Smart Building Market Size Growth Rate By Type (2021-2025)
- 7 Smart Building Market Segmentation By Application
- 7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
- 7.2 Global Smart Building Market Size (M Usd) By Application (2020-2025)
- 7.3 Global Smart Building Sales Growth Rate By Application (2020-2025)
- 8 Smart Building Market Segmentation By Region
- 8.1 Global Smart Building Market Size By Region
- 8.1.1 Global Smart Building Market Size By Region
- 8.1.2 Global Smart Building Market Size Market Share By Region
- 8.2 North America
- 8.2.1 North America Smart Building Market Size By Country
- 8.2.2 U.S.
- 8.2.3 Canada
- 8.2.4 Mexico
- 8.3 Europe
- 8.3.1 Europe Smart Building Market Size By Country
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Spain
- 8.4 Asia Pacific
- 8.4.1 Asia Pacific Smart Building Market Size By Region
- 8.4.2 China
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 India
- 8.4.6 Southeast Asia
- 8.5 South America
- 8.5.1 South America Smart Building Market Size By Country
- 8.5.2 Brazil
- 8.5.3 Argentina
- 8.5.4 Columbia
- 8.6 Middle East And Africa
- 8.6.1 Middle East And Africa Smart Building Market Size By Region
- 8.6.2 Saudi Arabia
- 8.6.3 Uae
- 8.6.4 Egypt
- 8.6.5 Nigeria
- 8.6.6 South Africa
- 9 Key Companies Profile
- 9.1 Johnson Controls
- 9.1.1 Johnson Controls Basic Information
- 9.1.2 Johnson Controls Smart Building Product Overview
- 9.1.3 Johnson Controls Smart Building Product Market Performance
- 9.1.4 Johnson Controls Swot Analysis
- 9.1.5 Johnson Controls Business Overview
- 9.1.6 Johnson Controls Recent Developments
- 9.2 Honeywell
- 9.2.1 Honeywell Basic Information
- 9.2.2 Honeywell Smart Building Product Overview
- 9.2.3 Honeywell Smart Building Product Market Performance
- 9.2.4 Honeywell Swot Analysis
- 9.2.5 Honeywell Business Overview
- 9.2.6 Honeywell Recent Developments
- 9.3 Schneider
- 9.3.1 Schneider Basic Information
- 9.3.2 Schneider Smart Building Product Overview
- 9.3.3 Schneider Smart Building Product Market Performance
- 9.3.4 Schneider Swot Analysis
- 9.3.5 Schneider Business Overview
- 9.3.6 Schneider Recent Developments
- 9.4 Utc
- 9.4.1 Utc Basic Information
- 9.4.2 Utc Smart Building Product Overview
- 9.4.3 Utc Smart Building Product Market Performance
- 9.4.4 Utc Business Overview
- 9.4.5 Utc Recent Developments
- 9.5 Siemens
- 9.5.1 Siemens Basic Information
- 9.5.2 Siemens Smart Building Product Overview
- 9.5.3 Siemens Smart Building Product Market Performance
- 9.5.4 Siemens Business Overview
- 9.5.5 Siemens Recent Developments
- 9.6 Ingersoll Rand (Trane)
- 9.6.1 Ingersoll Rand (Trane) Basic Information
- 9.6.2 Ingersoll Rand (Trane) Smart Building Product Overview
- 9.6.3 Ingersoll Rand (Trane) Smart Building Product Market Performance
- 9.6.4 Ingersoll Rand (Trane) Business Overview
- 9.6.5 Ingersoll Rand (Trane) Recent Developments
- 9.7 Azbil
- 9.7.1 Azbil Basic Information
- 9.7.2 Azbil Smart Building Product Overview
- 9.7.3 Azbil Smart Building Product Market Performance
- 9.7.4 Azbil Business Overview
- 9.7.5 Azbil Recent Developments
- 9.8 Abb
- 9.8.1 Abb Basic Information
- 9.8.2 Abb Smart Building Product Overview
- 9.8.3 Abb Smart Building Product Market Performance
- 9.8.4 Abb Business Overview
- 9.8.5 Abb Recent Developments
- 9.9 Emerson
- 9.9.1 Emerson Basic Information
- 9.9.2 Emerson Smart Building Product Overview
- 9.9.3 Emerson Smart Building Product Market Performance
- 9.9.4 Emerson Business Overview
- 9.9.5 Emerson Recent Developments
- 9.10 Eaton
- 9.10.1 Eaton Basic Information
- 9.10.2 Eaton Smart Building Product Overview
- 9.10.3 Eaton Smart Building Product Market Performance
- 9.10.4 Eaton Business Overview
- 9.10.5 Eaton Recent Developments
- 9.11 Control4
- 9.11.1 Control4 Basic Information
- 9.11.2 Control4 Smart Building Product Overview
- 9.11.3 Control4 Smart Building Product Market Performance
- 9.11.4 Control4 Business Overview
- 9.11.5 Control4 Recent Developments
- 9.12 Bosch
- 9.12.1 Bosch Basic Information
- 9.12.2 Bosch Smart Building Product Overview
- 9.12.3 Bosch Smart Building Product Market Performance
- 9.12.4 Bosch Business Overview
- 9.12.5 Bosch Recent Developments
- 9.13 Panasonic
- 9.13.1 Panasonic Basic Information
- 9.13.2 Panasonic Smart Building Product Overview
- 9.13.3 Panasonic Smart Building Product Market Performance
- 9.13.4 Panasonic Business Overview
- 9.13.5 Panasonic Recent Developments
- 9.14 Delta Controls
- 9.14.1 Delta Controls Basic Information
- 9.14.2 Delta Controls Smart Building Product Overview
- 9.14.3 Delta Controls Smart Building Product Market Performance
- 9.14.4 Delta Controls Business Overview
- 9.14.5 Delta Controls Recent Developments
- 9.15 Legrand
- 9.15.1 Legrand Basic Information
- 9.15.2 Legrand Smart Building Product Overview
- 9.15.3 Legrand Smart Building Product Market Performance
- 9.15.4 Legrand Business Overview
- 9.15.5 Legrand Recent Developments
- 9.16 Cisco
- 9.16.1 Cisco Basic Information
- 9.16.2 Cisco Smart Building Product Overview
- 9.16.3 Cisco Smart Building Product Market Performance
- 9.16.4 Cisco Business Overview
- 9.16.5 Cisco Recent Developments
- 9.17 Ibm
- 9.17.1 Ibm Basic Information
- 9.17.2 Ibm Smart Building Product Overview
- 9.17.3 Ibm Smart Building Product Market Performance
- 9.17.4 Ibm Business Overview
- 9.17.5 Ibm Recent Developments
- 9.18 Advantech
- 9.18.1 Advantech Basic Information
- 9.18.2 Advantech Smart Building Product Overview
- 9.18.3 Advantech Smart Building Product Market Performance
- 9.18.4 Advantech Business Overview
- 9.18.5 Advantech Recent Developments
- 9.19 Current (Ge)
- 9.19.1 Current (Ge) Basic Information
- 9.19.2 Current (Ge) Smart Building Product Overview
- 9.19.3 Current (Ge) Smart Building Product Market Performance
- 9.19.4 Current (Ge) Business Overview
- 9.19.5 Current (Ge) Recent Developments
- 9.20 Carrier
- 9.20.1 Carrier Basic Information
- 9.20.2 Carrier Smart Building Product Overview
- 9.20.3 Carrier Smart Building Product Market Performance
- 9.20.4 Carrier Business Overview
- 9.20.5 Carrier Recent Developments
- 9.21 Otis
- 9.21.1 Otis Basic Information
- 9.21.2 Otis Smart Building Product Overview
- 9.21.3 Otis Smart Building Product Market Performance
- 9.21.4 Otis Business Overview
- 9.21.5 Otis Recent Developments
- 9.22 Hitachi
- 9.22.1 Hitachi Basic Information
- 9.22.2 Hitachi Smart Building Product Overview
- 9.22.3 Hitachi Smart Building Product Market Performance
- 9.22.4 Hitachi Business Overview
- 9.22.5 Hitachi Recent Developments
- 10 Smart Building Market Forecast By Region
- 10.1 Global Smart Building Market Size Forecast
- 10.2 Global Smart Building Market Forecast By Region
- 10.2.1 North America Market Size Forecast By Country
- 10.2.2 Europe Smart Building Market Size Forecast By Country
- 10.2.3 Asia Pacific Smart Building Market Size Forecast By Region
- 10.2.4 South America Smart Building Market Size Forecast By Country
- 10.2.5 Middle East And Africa Forecasted Sales Of Smart Building By Country
- 11 Forecast Market By Type And By Application (2026-2033)
- 11.1 Global Smart Building Market Forecast By Type (2026-2033)
- 11.2 Global Smart Building Market Forecast By Application (2026-2033)
- 12 Conclusion And Key Findings
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
