Global Smart Building Market Size, Share, and Growth & Trends Analysis By Component (Solution (Building Infrastructure Management (Parking Management System, Smart Water Management System, Elevators and Escalators System), Security and Emergency Managemen

Publisher PreciseView Reports

Published Aug 20, 2025

Length 339 Pages

SKU # PCSR20401795

Description

Global Smart Building Market, valued at USD 130 billion in 2024, is projected to reach USD 671 billion by 2033, registering a CAGR of 20%. This significant growth is driven by rising demand for energy efficiency, sustainability, and enhanced occupant comfort, fueled by urbanization and stringent environmental regulations. Smart buildings leverage IoT, AI, and building management systems (BMS) to optimize energy use, security, and operations, including HVAC, lighting, and access control. North America leads with advanced tech adoption, while Asia-Pacific grows rapidly due to urban development in China and India.

Challenges include high implementation costs, interoperability issues with legacy systems, and cybersecurity risks from IoT connectivity, potentially slowing adoption in smaller markets. Opportunities lie in green building standards, predictive maintenance, and smart city initiatives, with emerging economies offering growth as digital infrastructure expands.

Segment insights highlight energy management solutions for cost savings, commercial applications like corporate offices and hotels leading, and companies like Honeywell and Johnson Controls innovating with AI-driven automation. The market's trajectory emphasizes sustainable, user-centric solutions, balancing cost with technological advancements for efficient, secure buildings.

Market Segments:

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
Services: System Integration and Deployment, Consulting

By Application:

Residential
Commercial: Hotel, Healthcare, Retail, Corporate Offices, Others

By Region:

North America
Asia Pacific
Europe
Middle East & Africa
South America

Please note - Delivery Timeline: 3-5 Business Days

1. Research Methodology: 1.1. Desk Research; 1.2. Real Time Insights and Validation; 1.3. Forecast Model; 1.4. Assumptions and Forecast Parameters; 1.4.1. Assumptions; 1.4.2. Forecast Parameters; 1.5. Data Sources; 1.5.1. Primary; 1.5.2. Secondary
2. Executive Summary: 2.1. 360° Summary; 2.2. By Component; 2.3. By Application; 2.4. By Solution Type
3. Market Overview: 3.1. Market Segmentation & Definitions; 3.2. Key Takeaways; 3.2.1. Top Investment Pockets; 3.2.2. Top Winning Strategies; 3.3. Porter’s Five Forces Analysis; 3.3.1. Bargaining Power of Consumers; 3.3.2. Bargaining Power of Suppliers; 3.3.3. Threat of New Entrants; 3.3.4. Threat of Substitutes; 3.3.5. Competitive Rivalry in the Market; 3.4. Market Dynamics; 3.4.1. Drivers; 3.4.2. Restraints; 3.4.3. Opportunities; 3.5. Technology Landscape; 3.6. Regulatory Landscape; 3.7. Patent Landscape; 3.8. Market Value Chain Analysis; 3.9. Strategic Overview
4. Global Smart Building Market, By Component: 4.1. Solution; 4.1.1. Solution Market and Forecast, By Region, 2025-2033; 4.1.2. Comparative Market Share Analysis, 2021 & 2033; 4.2. Services; 4.2.1. Services Market and Forecast, By Region, 2025-2033; 4.2.2. Comparative Market Share Analysis, 2021 & 2033
5. Global Smart Building Market, By Application: 5.1. Commercial; 5.1.1. Commercial Market and Forecast, By Region, 2025-2033; 5.1.2. Comparative Market Share Analysis, 2021 & 2033; 5.2. Residential; 5.2.1. Residential Market and Forecast, By Region, 2025-2033; 5.2.2. Comparative Market Share Analysis, 2021 & 2033; 5.3. Industrial; 5.3.1. Industrial Market and Forecast, By Region, 2025-2033; 5.3.2. Comparative Market Share Analysis, 2021 & 2033
6. Global Smart Building Market, By Solution Type: 6.1. Building Infrastructure Management (BIM); 6.1.1. Building Infrastructure Management (BIM) Market and Forecast, By Region, 2025-2033; 6.1.2. Comparative Market Share Analysis, 2021 & 2033; 6.2. Security & Emergency Management (SEM); 6.2.1. Security & Emergency Management (SEM) Market and Forecast, By Region, 2025-2033; 6.2.2. Comparative Market Share Analysis, 2021 & 2033; 6.3. Energy Management; 6.3.1. Energy Management Market and Forecast, By Region, 2025-2033; 6.3.2. Comparative Market Share Analysis, 2021 & 2033; 6.4. Network Management; 6.4.1. Network Management Market and Forecast, By Region, 2025-2033; 6.4.2. Comparative Market Share Analysis, 2021 & 2033; 6.5. Workforce Management; 6.5.1. Workforce Management Market and Forecast, By Region, 2025-2033; 6.5.2. Comparative Market Share Analysis, 2021 & 2033; 6.6. Waste Management; 6.6.1. Waste Management Market and Forecast, By Region, 2025-2033; 6.6.2. Comparative Market Share Analysis, 2021 & 2033
7. Global Smart Building Market, By Region: 7.1. North America; 7.1.1. North America Smart Building Market and Forecast, By Component, 2025-2033; 7.1.2. North America Smart Building Market and Forecast, By Application, 2025-2033; 7.1.3. North America Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.1.4. Comparative Market Share Analysis, 2021 & 2033; 7.1.5. U.S.; 7.1.5.1. U.S. Smart Building Market and Forecast, By Component, 2025-2033; 7.1.5.2. U.S. Smart Building Market and Forecast, By Application, 2025-2033; 7.1.5.3. U.S. Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.1.5.4. Comparative Market Share Analysis, 2021 & 2033; 7.1.6. Canada; 7.1.6.1. Canada Smart Building Market and Forecast, By Component, 2025-2033; 7.1.6.2. Canada Smart Building Market and Forecast, By Application, 2025-2033; 7.1.6.3. Canada Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.1.6.4. Comparative Market Share Analysis, 2021 & 2033; 7.2. Europe; 7.2.1. Europe Smart Building Market and Forecast, By Component, 2025-2033; 7.2.2. Europe Smart Building Market and Forecast, By Application, 2025-2033; 7.2.3. Europe Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.4. Comparative Market Share Analysis, 2021 & 2033; 7.2.5. Germany; 7.2.5.1. Germany Smart Building Market and Forecast, By Component, 2025-2033; 7.2.5.2. Germany Smart Building Market and Forecast, By Application, 2025-2033; 7.2.5.3. Germany Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.5.4. Comparative Market Share Analysis, 2021 & 2033; 7.2.6. UK; 7.2.6.1. UK Smart Building Market and Forecast, By Component, 2025-2033; 7.2.6.2. UK Smart Building Market and Forecast, By Application, 2025-2033; 7.2.6.3. UK Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.6.4. Comparative Market Share Analysis, 2021 & 2033; 7.2.7. France; 7.2.7.1. France Smart Building Market and Forecast, By Component, 2025-2033; 7.2.7.2. France Smart Building Market and Forecast, By Application, 2025-2033; 7.2.7.3. France Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.7.4. Comparative Market Share Analysis, 2021 & 2033; 7.2.8. Spain; 7.2.8.1. Spain Smart Building Market and Forecast, By Component, 2025-2033; 7.2.8.2. Spain Smart Building Market and Forecast, By Application, 2025-2033; 7.2.8.3. Spain Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.8.4. Comparative Market Share Analysis, 2021 & 2033; 7.2.9. Italy; 7.2.9.1. Italy Smart Building Market and Forecast, By Component, 2025-2033; 7.2.9.2. Italy Smart Building Market and Forecast, By Application, 2025-2033; 7.2.9.3. Italy Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.9.4. Comparative Market Share Analysis, 2021 & 2033; 7.2.10. Rest of Europe; 7.2.10.1. Rest of Europe Smart Building Market and Forecast, By Component, 2025-2033; 7.2.10.2. Rest of Europe Smart Building Market and Forecast, By Application, 2025-2033; 7.2.10.3. Rest of Europe Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.2.10.4. Comparative Market Share Analysis, 2021 & 2033; 7.3. Asia Pacific; 7.3.1. Asia Pacific Smart Building Market and Forecast, By Component, 2025-2033; 7.3.2. Asia Pacific Smart Building Market and Forecast, By Application, 2025-2033; 7.3.3. Asia Pacific Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.4. Comparative Market Share Analysis, 2021 & 2033; 7.3.5. China; 7.3.5.1. China Smart Building Market and Forecast, By Component, 2025-2033; 7.3.5.2. China Smart Building Market and Forecast, By Application, 2025-2033; 7.3.5.3. China Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.5.4. Comparative Market Share Analysis, 2021 & 2033; 7.3.6. India; 7.3.6.1. India Smart Building Market and Forecast, By Component, 2025-2033; 7.3.6.2. India Smart Building Market and Forecast, By Application, 2025-2033; 7.3.6.3. India Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.6.4. Comparative Market Share Analysis, 2021 & 2033; 7.3.7. Japan; 7.3.7.1. Japan Smart Building Market and Forecast, By Component, 2025-2033; 7.3.7.2. Japan Smart Building Market and Forecast, By Application, 2025-2033; 7.3.7.3. Japan Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.7.4. Comparative Market Share Analysis, 2021 & 2033; 7.3.8. South Korea; 7.3.8.1. South Korea Smart Building Market and Forecast, By Component, 2025-2033; 7.3.8.2. South Korea Smart Building Market and Forecast, By Application, 2025-2033; 7.3.8.3. South Korea Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.8.4. Comparative Market Share Analysis, 2021 & 2033; 7.3.9. Australia; 7.3.9.1. Australia Smart Building Market and Forecast, By Component, 2025-2033; 7.3.9.2. Australia Smart Building Market and Forecast, By Application, 2025-2033; 7.3.9.3. Australia Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.9.4. Comparative Market Share Analysis, 2021 & 2033; 7.3.10. Rest of Asia Pacific; 7.3.10.1. Rest of Asia Pacific Smart Building Market and Forecast, By Component, 2025-2033; 7.3.10.2. Rest of Asia Pacific Smart Building Market and Forecast, By Application, 2025-2033; 7.3.10.3. Rest of Asia Pacific Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.3.10.4. Comparative Market Share Analysis, 2021 & 2033; 7.4. LAMEA; 7.4.1. LAMEA Smart Building Market and Forecast, By Component, 2025-2033; 7.4.2. LAMEA Smart Building Market and Forecast, By Application, 2025-2033; 7.4.3. LAMEA Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.4.4. Comparative Market Share Analysis, 2021 & 2033; 7.4.5. Latin America; 7.4.5.1. Latin America Smart Building Market and Forecast, By Component, 2025-2033; 7.4.5.2. Latin America Smart Building Market and Forecast, By Application, 2025-2033; 7.4.5.3. Latin America Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.4.5.4. Comparative Market Share Analysis, 2021 & 2033; 7.4.6. Middle East; 7.4.6.1. Middle East Smart Building Market and Forecast, By Component, 2025-2033; 7.4.6.2. Middle East Smart Building Market and Forecast, By Application, 2025-2033; 7.4.6.3. Middle East Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.4.6.4. Comparative Market Share Analysis, 2021 & 2033; 7.4.7. Africa; 7.4.7.1. Africa Smart Building Market and Forecast, By Component, 2025-2033; 7.4.7.2. Africa Smart Building Market and Forecast, By Application, 2025-2033; 7.4.7.3. Africa Smart Building Market and Forecast, By Solution Type, 2025-2033; 7.4.7.4. Comparative Market Share Analysis, 2021 & 2033
8. Company Profiles: 8.1. ABB; 8.1.1. Business Overview; 8.1.2. Financial Performance; 8.1.3. Product Portfolio; 8.1.4. Recent Strategic Moves & Applications; 8.1.5. SWOT Analysis; 8.2. Cisco Systems, Inc.; 8.2.1. Business Overview; 8.2.2. Financial Performance; 8.2.3. Product Portfolio; 8.2.4. Recent Strategic Moves & Applications; 8.2.5. SWOT Analysis; 8.3. Hitachi, Ltd.; 8.3.1. Business Overview; 8.3.2. Financial Performance; 8.3.3. Product Portfolio; 8.3.4. Recent Strategic Moves & Applications; 8.3.5. SWOT Analysis; 8.4. Honeywell International Inc.; 8.4.1. Business Overview; 8.4.2. Financial Performance; 8.4.3. Product Portfolio; 8.4.4. Recent Strategic Moves & Applications; 8.4.5. SWOT Analysis; 8.5. Huawei Technologies Co., Ltd.; 8.5.1. Business Overview; 8.5.2. Financial Performance; 8.5.3. Product Portfolio; 8.5.4. Recent Strategic Moves & Applications; 8.5.5. SWOT Analysis; 8.6. IBM Corporation; 8.6.1. Business Overview; 8.6.2. Financial Performance; 8.6.3. Product Portfolio; 8.6.4. Recent Strategic Moves & Applications; 8.6.5. SWOT Analysis; 8.7. Intel Corporation; 8.7.1. Business Overview; 8.7.2. Financial Performance; 8.7.3. Product Portfolio; 8.7.4. Recent Strategic Moves & Applications; 8.7.5. SWOT Analysis; 8.8. Johnson Controls; 8.8.1. Business Overview; 8.8.2. Financial Performance; 8.8.3. Product Portfolio; 8.8.4. Recent Strategic Moves & Applications; 8.8.5. SWOT Analysis; 8.9. PTC; 8.9.1. Business Overview; 8.9.2. Financial Performance; 8.9.3. Product Portfolio; 8.9.4. Recent Strategic Moves & Applications; 8.9.5. SWOT Analysis; 8.10. Siemens; 8.10.1. Business Overview; 8.10.2. Financial Performance; 8.10.3. Product Portfolio; 8.10.4. Recent Strategic Moves & Applications; 8.10.5. SWOT Analysis

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