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Smart Building Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published Apr 01, 2024
Length 150 Pages
SKU # FOB18789429

Description

Smart Building Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Smart Building Market

The Smart Building market size was valued at USD 96.96 billion in 2023, and the market is now projected to grow from USD 117.42 billion in 2024 to USD 568.02 billion by 2032, exhibiting a CAGR of 21.8% during the forecast period of 2023-2030.

The reopening of business houses positioned up-pandemic for in-workplace paintings is predicted to surge the decision for clever technology for a stable environment. The commercial enterprise building facility managers and the company tenants ought to provide a safe place of work environment put up-lockdown.

The growing concerns about increasing electricity intake global are expected to fuel extra superior and electricity-green era. However, smart buildings contribute closer to sustainability that starts at the development section. Emission tiers are reduced by means of the use of environment-friendly substances. This leads to smart building market growth.

Rapid urbanization is anticipated to boost up the worldwide clever constructing marketplace boom inside the imminent years. This aspect might surge the demand for homes and spaces for sustaining livelihood and work requirements. Considering the urbanization fashion, governments worldwide spend money on clever city projects with superior infrastructure, cleanser transportation, smart homes, and other smart era.

Comprehensive Analysis of Smart Building Market

The Smart Building market is rising at an exponential charge due to its marketplace segmentation. This marketplace enlargement successfully gives a detailed local checks considering the dominant supply and demand forces that impact the enterprise. Based on component, the market is bifurcated into solution and services. By application, the market is classified into residential and commercial.

North America has the largest Smart Building market share. Prominent businesses throughout nearby industries are shifting towards sensible building solutions to reinforce workplace operations. The U.S. Led the area’s proportion, attributable to increasing investments in inexperienced building era.

The top players in the market play a crucial role in the Smart Building industry assuring industrial prospectus growth and setting market standards. These players include, Honeywell International Inc. (U.S.), Cisco Systems, Inc. (U.S.), Siemens AG (Germany), ABB Ltd. (Switzerland), IBM Corporation (U.S.), Schneider Electric SE (France), Endeavor Business Media (U.S.), Legrand SA (U.S.), Johnson Controls Inc. (U.S.), and Hitachi, Ltd. (U.S.).

In June 2023, Cisco Canada, in partnership with Sentiom, launched a brand new clever constructing approach to mitigate water and hearth damage in multi-residential homes.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 21.8% from 2024 to 2032

Unit Value (USD billion)

Segmentation By Component

Solution

- Building Infrastructure Management

- Parking Management System

- Smart Water Management System

- Elevators and Escalators System

- Security and Emergency Management

- Access Control System

- Video Surveillance System

- Safety System

- Energy Management

- HVAC Control System

- Lighting Control System

Services

By Application

Residential

Commercial

- Hotel

- Healthcare

- Retail

- Corporate Offices

- Others (Apartments, Condos)

By Region

North America (By Component, By Application, and By Country)

- U.S. (By Solution)

- Canada (By Solution)

- Mexico (By Solution)

Europe (By Component, By Application, and By Country)

- U.K. (By Solution)

- Germany (By Solution)

- France (By Solution)

- Italy (By Solution)

- Spain (By Solution)

- Russia (By Solution)

- Benelux (By Solution)

- Nordics (By Solution)

- Rest of Europe (By Solution)

Middle East & Africa (By Component, By Application, and By Country)

- Turkey (By Solution)

- Israel (By Solution)

- GCC (By Solution)

- North Africa (By Solution)

- South Africa (By Solution)

- Rest of the Middle East & Africa (By Solution)

Asia Pacific (By Component, By Application, and By Country)

- China (By Solution)

- India (By Solution)

- Japan (By Solution)

- South Korea (By Solution)

- ASEAN (By Solution)

- Oceania (By Solution)

- Rest of Asia Pacific (By Solution)

South America (By Component, By Application, and By Country)

- Brazil (By Solution)

- Argentina (By Solution)

- Rest of South America (By Solution)

Table of Contents

150 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Smart Building Key Players Market Share/Ranking, 2023
5. Global Smart Building Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Component (USD)
5.2.1. Solution
5.2.1.1. Building Infrastructure Management
5.2.1.1.1. Parking Management System
5.2.1.1.2. Smart Water Management System
5.2.1.1.3. Elevators and Escalators System
5.2.1.2. Security and Emergency Management
5.2.1.2.1. Access Control System
5.2.1.2.2. Video Surveillance System
5.2.1.2.3. Safety System
5.2.1.3. Energy Management
5.2.1.3.1. HVAC Control System
5.2.1.3.2. Lighting Control System
5.2.2. Services
5.3. By Application (USD)
5.3.1. Residential
5.3.2. Commercial
5.3.2.1. Hotel
5.3.2.2. Healthcare
5.3.2.3. Retail
5.3.2.4. Corporate Offices
5.3.2.5. Others (Apartments, Condos, etc.)
5.4. By Region (USD)
5.4.1. North America
5.4.2. South America
5.4.3. Europe
5.4.4. Middle East & Africa
5.4.5. Asia Pacific
6. North America Smart Building Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Component (USD)
6.2.1. Solution
6.2.1.1. Building Infrastructure Management
6.2.1.1.1. Parking Management System
6.2.1.1.2. Smart Water Management System
6.2.1.1.3. Elevators and Escalators System
6.2.1.2. Security and Emergency Management
6.2.1.2.1. Access Control System
6.2.1.2.2. Video Surveillance System
6.2.1.2.3. Safety System
6.2.1.3. Energy Management
6.2.1.3.1. HVAC Control System
6.2.1.3.2. Lighting Control System
6.2.2. Services
6.3. By Application (USD)
6.3.1. Residential
6.3.2. Commercial
6.3.2.1. Hotel
6.3.2.2. Healthcare
6.3.2.3. Retail
6.3.2.4. Corporate Offices
6.3.2.5. Others (Apartments, Condos, etc.)
6.4. By Country (USD)
6.4.1. United States
6.4.1.1. By Solution
6.4.2. Canada
6.4.2.1. By Solution
6.4.3. Mexico
6.4.3.1. By Solution
7. South America Smart Building Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Component (USD)
7.2.1. Solution
7.2.1.1. Building Infrastructure Management
7.2.1.1.1. Parking Management System
7.2.1.1.2. Smart Water Management System
7.2.1.1.3. Elevators and Escalators System
7.2.1.2. Security and Emergency Management
7.2.1.2.1. Access Control System
7.2.1.2.2. Video Surveillance System
7.2.1.2.3. Safety System
7.2.1.3. Energy Management
7.2.1.3.1. HVAC Control System
7.2.1.3.2. Lighting Control System
7.2.2. Services
7.3. By Application (USD)
7.3.1. Residential
7.3.2. Commercial
7.3.2.1. Hotel
7.3.2.2. Healthcare
7.3.2.3. Retail
7.3.2.4. Corporate Offices
7.3.2.5. Others (Apartments, Condos, etc.)
7.4. By Country (USD)
7.4.1. Brazil
7.4.1.1. By Solution
7.4.2. Argentina
7.4.2.1. By Solution
7.4.3. Rest of South America
8. Europe Smart Building Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Component (USD)
8.2.1. Solution
8.2.1.1. Building Infrastructure Management
8.2.1.1.1. Parking Management System
8.2.1.1.2. Smart Water Management System
8.2.1.1.3. Elevators and Escalators System
8.2.1.2. Security and Emergency Management
8.2.1.2.1. Access Control System
8.2.1.2.2. Video Surveillance System
8.2.1.2.3. Safety System
8.2.1.3. Energy Management
8.2.1.3.1. HVAC Control System
8.2.1.3.2. Lighting Control System
8.2.2. Services
8.3. By Application (USD)
8.3.1. Residential
8.3.2. Commercial
8.3.2.1. Hotel
8.3.2.2. Healthcare
8.3.2.3. Retail
8.3.2.4. Corporate Offices
8.3.2.5. Others (Apartments, Condos, etc.)
8.4. By Country (USD)
8.4.1. United Kingdom
8.4.1.1. By Solution
8.4.2. Germany
8.4.2.1. By Solution
8.4.3. France
8.4.3.1. By Solution
8.4.4. Italy
8.4.4.1. By Solution
8.4.5. Spain
8.4.5.1. By Solution
8.4.6. Russia
8.4.6.1. By Solution
8.4.7. Benelux
8.4.7.1. By Solution
8.4.8. Nordics
8.4.8.1. By Solution
8.4.9. Rest of Europe
9. Middle East & Africa Smart Building Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Component (USD)
9.2.1. Solution
9.2.1.1. Building Infrastructure Management
9.2.1.1.1. Parking Management System
9.2.1.1.2. Smart Water Management System
9.2.1.1.3. Elevators and Escalators System
9.2.1.2. Security and Emergency Management
9.2.1.2.1. Access Control System
9.2.1.2.2. Video Surveillance System
9.2.1.2.3. Safety System
9.2.1.3. Energy Management
9.2.1.3.1. HVAC Control System
9.2.1.3.2. Lighting Control System
9.2.2. Services
9.3. By Application (USD)
9.3.1. Residential
9.3.2. Commercial
9.3.2.1. Hotel
9.3.2.2. Healthcare
9.3.2.3. Retail
9.3.2.4. Corporate Offices
9.3.2.5. Others (Apartments, Condos, etc.)
9.4. By Country (USD)
9.4.1. Turkey
9.4.1.1. By Solution
9.4.2. Israel
9.4.2.1. By Solution
9.4.3. GCC
9.4.3.1. By Solution
9.4.4. North Africa
9.4.4.1. By Solution
9.4.5. South Africa
9.4.5.1. By Solution
9.4.6. Rest of MEA
10. Asia Pacific Smart Building Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Component (USD)
10.2.1. Solution
10.2.1.1. Building Infrastructure Management
10.2.1.1.1. Parking Management System
10.2.1.1.2. Smart Water Management System
10.2.1.1.3. Elevators and Escalators System
10.2.1.2. Security and Emergency Management
10.2.1.2.1. Access Control System
10.2.1.2.2. Video Surveillance System
10.2.1.2.3. Safety System
10.2.1.3. Energy Management
10.2.1.3.1. HVAC Control System
10.2.1.3.2. Lighting Control System
10.2.2. Services
10.3. By Application (USD)
10.3.1. Residential
10.3.2. Commercial
10.3.2.1. Hotel
10.3.2.2. Healthcare
10.3.2.3. Retail
10.3.2.4. Corporate Offices
10.3.2.5. Others (Apartments, Condos, etc.)
10.4. By Country (USD)
10.4.1. China
10.4.1.1. By Solution
10.4.2. India
10.4.2.1. By Solution
10.4.3. Japan
10.4.3.1. By Solution
10.4.4. South Korea
10.4.4.1. By Solution
10.4.5. ASEAN
10.4.5.1. By Solution
10.4.6. Oceania
10.4.6.1. By Solution
10.4.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Cisco Systems, Inc.
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Siemens AG
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. ABB Ltd.
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Schneider Electric SE
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Endeavor Business Media
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. IBM Corporation
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Legrand SA
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Honeywell International Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Johnson Controls Inc.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Hitachi, Ltd.
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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