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Smart Buildings Market by Component (Solution (Safety and Security Management, Building Infrastructure Management, Network Management, and IWMS) and Services), Building Type (Residential, Commercial, and Industrial), and Region - Forecast to 2026

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    Report

  • 302 Pages
  • February 2022
  • Region: Global
  • Markets and Markets
  • ID: 5235835
Description Jump to:
The global Smart Buildings market size to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9 % during the forecast period. The increasing awareness of space utilization is one of the key drivers for smart buildings, Space utilization can be defined as the average square foot held by a single occupant. With a steady decline in space consumption, technologies such as IoT-enabled devices and cognitive computing can collect data and keep track of space utilization throughout the day. The use of smart building technologies would aid in optimizing space planning and utilization and enhancing the energy efficiency of workspaces.



In a short time, the COVID-19 outbreak has affected markets and customer behaviors and substantially impacted economies and societies. Healthcare, telecommunication, media and entertainment, utilities, and government verticals function day and night to stabilize conditions and facilitate prerequisite services to every individual. The telecom sector, in particular, is playing a vital role across the globe to support the digital infrastructure of countries amid the COVID-19 pandemic. 

According to Fujitsu’s Global Digital Transformation Survey, offline organizations were damaged more, while online organizations witnessed growth in online demand and an increase in revenue. 69% of the business leaders from online organizations have indicated that they witnessed an increase in their business revenue in 2020. In contrast, 53% of offline organizations saw a drop in revenues.

The support and maintenance Service segment to have a higher CAGR during the forecast period

Support and maintenance services are generally subscription-based services through which customers receive access to updates and technical support for the products they license from a company. Support and maintenance services are responsible for the periodic maintenance of various smart building components to make them functional, and support services offer support to implement smart building solutions with ease. Vendors provide regular support and maintenance services to upgrade solutions to enhance the management and performance of smart building solutions. These vendors also conduct solution diagnoses on a regular basis after deployment to make customized technology changes and introduce improvements in processes for performance optimization.

HVAC control system in energy management segment to account for larger market size during the forecast period

HVAC systems consume a high amount of power; therefore, HVAC control is one of the major components in the building energy optimization process. These systems are designed to provide thermal control to building administrators. Extreme climate conditions or temperatures and moisture-sensitive businesses and industrial processes fuel the demand for HVAC systems. Development in IoT-enabled HVAC systems which can automatically switch equipment on and off at pre-defined times, monitor environmental conditions, send alerts when measurements exceed thresholds, and provide information on energy consumption is one of the key drivers of HVAC systems.

Among regions, APAC to hold higher CAGR during the forecast period

Asia Pacific is an emerging Smart Buildings market. It is home to many developing economies and is expected to be the fastest-growing region during the forecast period. The growth can be attributed to the high economic growth witnessed by the major countries in this region. The rapid modernization and increase in construction activities in APAC have accelerated the growth of automatic centralized control of the HVAC systems installed in buildings in this region, ultimately leading to the growth of the smart buildings market in APAC. Various governments in this region have started promoting smart building practices due to the rising environmental concerns and growing need for energy savings. APAC consists of countries like China and Japan, leading in the smart building market. 

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the Smart Buildings market. 

  • By Company: Tier I - 62%, Tier II - 23%, and Tier III - 15%
  • By Designation: C-Level Executives - 38%, Directors - 30%, and others* - 32%
  • By Region: North America - 40%, APAC - 35%, Europe - 15%, ROW* - 10%


The report includes the study of key players offering Smart Buildings solutions and services. It profiles major vendors in the global Smart Buildings market. The major vendors in the global Smart Buildings market include Cisco (US), IBM (US), Honeywell (US), Siemens (Germany), Johnson Controls (Ireland), Huawei (China), Intel (US), PTC (US), ABB (Switzerland), Hitachi (Japan), Schneider Electric (France), Telit (UK), Legrand (France), Bosch (Germany), KMC Controls (US), Verdigris Technologies (US), Aquicore (US), 75F (US), BuildingIQ (US), ENTOUCH (US), Gaia (India), Softdel System (US), Mode: Green (New Jersey), CopperTree Analytics (Canada), Spaceti (Netherlands), Igor (US), eFACiLiTY (India), and Spacewell (Belgium).

Research Coverage


The market study covers the Smart Buildings market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, building type, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report 


The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall Smart Buildings market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1 Introduction
1.1 Introduction to COVID-19
1.2 COVID-19 Health Assessment
Figure 1 COVID-19: Global Propagation
Figure 2 COVID-19 Propagation: Select Countries
1.3 COVID-19 Economic Assessment
Figure 3 Revised Gross Domestic Product Forecasts for Select G20 Countries in 2020
1.3.1 COVID-19 Economic Impact - Scenario Assessment
Figure 4 Criteria Impacting Global Economy
Figure 5 Scenarios in Terms of Recovery of Global Economy
1.4 Objectives of the Study
1.5 Market Definition
1.5.1 Inclusions and Exclusions
1.6 Market Scope
1.6.1 Market Segmentation
1.6.2 Regions Covered
1.6.3 Years Considered for the Study
1.7 Currency Considered
Table 1 USD Exchange Rates, 2019-2021
1.8 Stakeholders
1.9 Summary of Changes
2 Research Methodology
2.1 Research Data
Figure 6 Smart Buildings Market: Research Design
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
Table 2 Primary Interviews
2.1.2.2 Key Industry Insights
2.2 Data Triangulation
Figure 7 Data Triangulation
2.3 Market Size Estimation
Figure 8 Market Size Estimation Methodology-Approach 1 (Supply-Side): Revenue of Offerings in the Market
Figure 9 Market Size Estimation Methodology-Approach 2 (Supply-Side): Collective Revenue of All the Offerings in the Market
Figure 10 Market Size Estimation Methodology: Approach 2 (Demand-Side): Market
2.4 Market Forecast
Table 3 Factor Analysis
2.5 Assumptions for the Study
2.6 Limitations of the Study
3 Executive Summary
Figure 11 Smart Buildings Market, 2019-2026 (USD Million)
Figure 12 Top Three Leading Segments in the Market in 2021
Figure 13 Market, Regional and Country-Wise Shares, 2021
4 Premium Insights
4.1 Attractive Opportunities in the Market
Figure 14 Rise in Adoption of IoT-Enabled Building Management Systems to Drive Market Growth
4.2 Market, by Component
Figure 15 Smart Building Solutions to Lead Market Growth in 2021
4.3 Smart Building Solutions Market, by Type
Figure 16 Safety and Security Management Solutions to Account for the Largest Market Share During the Forecast Period
4.4 Smart Building Services Market, by Type
Figure 17 Smart Building Implementation Services to Account for the Highest Market Share During the Forecast Period
4.5 Smart Buildings Market, by Building Type
Figure 18 Commercial Smart Buildings to Lead Market Between 2021 and 2026
4.6 Market, by Region
Figure 19 Asia-Pacific to Grow at the Highest Rate During the Forecast Period
4.7 Market, by Country
Figure 20 China and Japan to Account for High Growth During the Forecast Period
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 21 Drivers, Restraints, Opportunities, and Challenges: Smart Buildings Market
5.2.1 Drivers
5.2.1.1 Rise in Adoption of Iot-Enabled Bms
Figure 22 Global Growth in IoT Deployments for Commercial Real Estate, 2015 - 2020
5.2.1.2 Increase in Awareness of Space Utilization
Figure 23 Average Office Vacancy Rate Across Office/Admin Space, 2017-2019
Figure 24 Business Cases for Space Management in Smart Buildings
5.2.1.3 Increase in Industry Standards and Regulations
5.2.1.4 Increased Demand for Energy-Efficient Systems
5.2.2 Restraints
5.2.2.1 Lack of Cooperation Among Standard Bodies
5.2.2.2 High Cost of Implementation
5.2.3 Opportunities
5.2.3.1 Emergence of the 5G Technology
Table 4 Projected Penetration of 5G in Southeast Asia by 2025
5.2.3.2 Rise in the Smart City Trend
5.2.3.3 Government Initiatives and Incentives
5.2.4 Challenges
5.2.4.1 Lack of Technology Alignment and Skilled Professionals
5.2.4.2 Rise in Privacy and Security Concerns due to Iot-Enabled Devices
5.3 Industry Trends
5.3.1 Smart Buildings Market: Ecosystem
Figure 25 Smart Buildings Ecosystem
Table 5 Market: Ecosystem
5.3.2 Market: Supply Chain Analysis
Figure 26 Supply Chain
5.3.3 Market: Regulations
5.3.3.1 Bacnet - Data Communication Protocol for Building Automation and Control Networks
5.3.3.2 Knx
5.3.3.3 Digital Addressable Lighting Interface
5.3.3.4 General Data Protection Regulation
5.3.3.5 Modbus
5.3.3.6 Cloud Standard Customer Council
5.3.4 Smart Buildings Market: Patent Analysis
5.3.4.1 Methodology
5.3.4.2 Document Types of Patents
Table 6 Patents Filed, 2019-2021
5.3.4.3 Innovation and Patent Applications
Figure 27 Total Number of Patents Granted in a Year, 2019-2021
5.3.4.4 Top Applicants
Figure 28 Top Ten Companies with the Highest Number of Patent Applications, 2019-2021
Table 7 US: Top Ten Patent Owners in the Market, 2019-2021
5.3.5 Disruptions Impacting Buyers/Clients in the Market
Figure 29 Smart Buildings Market: Disruptions Impacting Buyers/Clients
5.3.6 Market: Pricing Analysis
Table 8 Smart Building Solution/Software Pricing Analysis
5.3.7 Market: Porter's Five Forces
Figure 30 Porter's Five Forces Analysis of Market
5.3.8 Case Studies
5.3.9 Impact of Disruptive Technologies
5.3.9.1 Internet of Things
5.3.9.2 Artificial Intelligence and Machine Learning
5.3.9.3 Building Information Modeling
5.3.9.4 Cloud Computing
5.3.9.5 Big Data Analytics
5.3.10 Key Conferences & Events in 2022-2023
Table 9 Smart Buildings Market: Detailed List of Conferences & Events
5.4 COVID-19 Market Outlook for the Market
Table 10 Market: Analysis of Drivers and Opportunities in the COVID-19 Era
Table 11 Smart Building Solutions: Analysis of Challenges and Restraints in the COVID-19 Era
5.4.1 Cumulative Growth Analysis
Table 12 Market: Cumulative Growth Analysis
6 Smart Buildings Market, by Component
6.1 Introduction
Figure 31 Smart Building Solutions to Account for a Larger Market Size During the Forecast Period
Table 13 Market Size, by Component, 2017-2020 (USD Million)
Table 14 Market Size, by Component, 2021-2026 (USD Million)
6.2 Solutions
6.2.1 Need to Optimize the Capability Building Equipment and Systems Drives the Demand for Smart Building Solutions
6.2.2 Solutions: Market Drivers
6.2.3 Solutions: COVID-19 Impact
Table 15 Smart Building Solutions Market Size, by Region, 2017-2020 (USD Million)
Table 16 Smart Building Solutions Market Size, by Region, 2021-2026 (USD Million)
6.3 Services
6.3.1 Services: Smart Buildings Market Drivers
6.3.2 Services: COVID-19 Impact
Table 17 Smart Building Services Market Size, by Region, 2017-2020 (USD Million)
Table 18 Smart Building Services Market Size, by Region, 2021-2026 (USD Million)
Figure 32 Implementation Services to Account for the Largest Market Size During the Forecast Period
Table 19 Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 20 Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
6.3.3 Consulting
6.3.3.1 Need for Awareness of the Compliance Requirements of Smart Buildings Drives the Need for Consulting Services
Table 21 Smart Building Consulting Services Market Size, by Region, 2017-2020 (USD Million)
Table 22 Smart Building Consulting Services Market Size, by Region, 2021-2026 (USD Million)
6.3.4 Implementation
6.3.4.1 Need for Efficiency and Sustainability by Installing Intelligent Systems Drives the Demand for Implementation Services
Table 23 Smart Building Implementation Services Market Size, by Region, 2017-2020 (USD Million)
Table 24 Smart Building Implementation Services Market Size, by Region, 2021-2026 (USD Million)
6.3.5 Support and Maintenance
6.3.5.1 Regular Assessment of Building Assets Ensures Asset Uptime and Enhancing Asset Life Cycle
Table 25 Smart Building Support and Maintenance Services Market Size, by Region, 2017-2020 (USD Million)
Table 26 Smart Building Support and Maintenance Services Market Size, by Region, 2021-2026 (USD Million)
7 Smart Buildings Market, by Solution
7.1 Introduction
7.1.1 Solutions: COVID-19 Impact
Figure 33 Safety and Security Management Segment to Account for the Largest Market Size During the Forecast Period
Table 27 Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 28 Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
7.1.2 Building Infrastructure Management
7.1.2.1 Digital and Technological Disruptions Drive the Demand for Futuristic Building Infrastructure
7.1.2.2 Building Infrastructure Management: Smart Buildings Market Drivers
Table 29 Smart Building Infrastructure Management Market Size, by Region, 2017-2020 (USD Million)
Table 30 Smart Building Infrastructure Management Market Size, by Region, 2021-2026 (USD Million)
Table 31 Smart Building Infrastructure Management Market Size, by Type, 2017-2020 (USD Million)
Table 32 Smart Building Infrastructure Management Market Size, by Type, 2021-2026 (USD Million)
7.1.2.3 Parking Management System
Table 33 Smart Building Parking Management System Market Size, by Region, 2017-2020 (USD Million)
Table 34 Smart Building Parking Management System Market Size, by Region, 2021-2026 (USD Million)
7.1.2.4 Smart Water Management System
Table 35 Smart Building Water Management System Market Size, by Region, 2017-2020 (USD Million)
Table 36 Smart Water Management System Market Size, by Region, 2021-2026 (USD Million)
7.1.2.5 Elevators and Escalators Management System
Table 37 Smart Building Elevators and Escalators Management Market Size, by Region, 2017-2020 (USD Million)
Table 38 Smart Building Elevators and Escalators Management Market Size, by Region, 2021-2026 (USD Million)
7.1.3 Safety and Security Management
7.1.3.1 Safety and Security Management Solutions Help Enterprises Achieve Increased Business Productivity and Risk Management
7.1.3.2 Safety and Security Management: Smart Buildings Market Drivers
Table 39 Smart Building Safety and Security Management Market Size, by Region, 2017-2020 (USD Million)
Table 40 Smart Building Safety and Security Management Market Size, by Region, 2021-2026 (USD Million)
Table 41 Smart Building Safety and Security Management Market Size, by Type, 2017-2020 (USD Million)
Table 42 Smart Building Safety and Security Management Market Size, by Type, 2021-2026 (USD Million)
7.1.3.3 Access Control System
Table 43 Smart Building Access Control System Market Size, by Region, 2017-2020 (USD Million)
Table 44 Smart Building Access Control System Market Size, by Region, 2021-2026 (USD Million)
7.1.3.4 Video Surveillance System
Table 45 Smart Building Video Surveillance System Market Size, by Region, 2017-2020 (USD Million)
Table 46 Smart Building Video Surveillance System Market Size, by Region, 2021-2026 (USD Million)
7.1.3.5 Fire and Life Safety System
Table 47 Smart Building Fire and Life Safety System Market Size, by Region, 2017-2020 (USD Million)
Table 48 Smart Building Fire and Life Safety System Market Size, by Region, 2021-2026 (USD Million)
7.1.4 Energy Management
7.1.4.1 Buildings are Becoming More Sustainable and Energy-Efficient Through the Optimization of Infrastructure
7.1.4.2 Energy Management: Smart Buildings Market Drivers
Table 49 Smart Building Energy Management Market Size, by Region, 2017-2020 (USD Million)
Table 50 Smart Building Energy Management Market Size, by Region, 2021-2026 (USD Million)
Table 51 Smart Building Energy Management Market Size, by Type, 2017-2020 (USD Million)
Table 52 Smart Building Energy Management Market Size, by Type, 2021-2026 (USD Million)
7.1.4.3 HVAC Control System
Table 53 Smart Building HVAC Control System Market Size, by Region, 2017-2020 (USD Million)
Table 54 Smart Building HVAC Control System Market Size, by Region, 2021-2026 (USD Million)
7.1.4.4 Lighting Management System
Table 55 Smart Building Lighting Management System Market Size, by Region, 2017-2020 (USD Million)
Table 56 Smart Building Lighting Management System Market Size, by Region, 2021-2026 (USD Million)
7.1.5 Network Management
7.1.5.1 High-Performance Network Management Solutions Play a Crucial Role in Increasing Bandwidth and Eliminating Network Downtime
7.1.5.2 Network Management: Smart Buildings Market Drivers
Table 57 Smart Building Network Management Market Size, by Region, 2017-2020 (USD Million)
Table 58 Smart Building Network Management Market Size, by Region, 2021-2026 (USD Million)
Table 59 Smart Building Network Management Market Size, by Type, 2017-2020 (USD Million)
Table 60 Smart Building Network Management Market Size, by Type, 2021-2026 (USD Million)
7.1.5.3 Wired Technology
Table 61 Major Wired Communication Protocols for Smart Buildings
7.1.5.4 Wireless Technology
Table 62 Major Wireless Communication Technology for Smart Building
7.1.6 Integrated Workplace Management System
7.1.6.1 Iwms Provides an Extensive Range of Facility Management Tools Under a Single, Unified Software Platform
7.1.6.2 Integrated Workplace Management System: Smart Buildings Market Drivers
Table 63 Smart Building Integrated Workplace Management System Market Size, by Region, 2017-2020 (USD Million)
Table 64 Smart Building Integrated Workplace Management System Market Size, by Region, 2021-2026 (USD Million)
Table 65 Smart Building Integrated Workplace Management System Market Size, by Type, 2017-2020 (USD Million)
Table 66 Smart Building Integrated Workplace Management Market Size, by Type, 2021-2026 (USD Million)
7.1.6.3 Operations and Services Management
7.1.6.4 Real Estate Management
7.1.6.5 Environmental and Energy Management
7.1.6.6 Facility Management
7.1.6.7 Capital Project Management
8 Smart Buildings Market, by Building Type
8.1 Introduction
Figure 34 Commercial Smart Buildings to Account for the Largest Market Size During the Forecast Period
Table 67 Market Size, by Building Type, 2017-2020 (USD Million)
Table 68 Market Size, by Building Type, 2021-2026 (USD Million)
8.2 Residential
8.2.1 Digital Solutions Provide Real-Time Monitoring of Physical Parameters to Ensure Occupant Comfort and Healthier Space
8.2.2 Residential: Market Drivers
8.2.3 Residential: COVID-19 Impact
Table 69 Residential Market Size, by Region, 2017-2020 (USD Million)
Table 70 Residential Market Size, by Region, 2021-2026 (USD Million)
8.3 Commercial
8.3.1 Smart Building Solutions Assist in Observing and Optimizing Operations, Inventories, and Coordination
8.3.2 Commercial: Smart Buildings Market Drivers
8.3.3 Commercial: COVID-19 Impact
Table 71 Commercial Market Size, by Region, 2017-2020 (USD Million)
Table 72 Commercial Market Size, by Region, 2021-2026 (USD Million)
8.4 Industrial
8.4.1 Industries Can Reduce Emissions to Achieve Sustainability Goals Using Smart Building Solutions
8.4.2 Industrial: Market Drivers
8.4.3 Industrial: COVID-19 Impact
Table 73 Industrial Market Size, by Region, 2017-2020 (USD Million)
Table 74 Industrial Market Size, by Region, 2021-2026 (USD Million)
9 Smart Buildings Market, by Region
9.1 Introduction
Figure 35 North America to Account for the Largest Market Size During the Forecast Period
Table 75 Market Size, by Region, 2017-2020 (USD Million)
Table 76 Market Size, by Region, 2021-2026 (USD Million)
9.2 North America
9.2.1 North America: Market Drivers
9.2.2 North America: COVID-19 Impact
9.2.3 North America: Regulatory Norms
Figure 36 North America: Market Snapshot
Table 77 North America: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 78 North America: Market Size, by Component, 2021-2026 (USD Million)
Table 79 North America: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 80 North America: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 81 North America: Smart Building Infrastructure Management Market Size, by Type, 2017-2020 (USD Million)
Table 82 North America: Smart Building Infrastructure Management Market Size, by Type, 2021-2026 (USD Million)
Table 83 North America: Smart Buildings Safety and Security Management Market Size, by Type, 2017-2020 (USD Million)
Table 84 North America: Smart Buildings Safety and Security Management Market Size, by Type, 2021-2026 (USD Million)
Table 85 North America: Smart Buildings Energy Management Market Size, by Type, 2017-2020 (USD Million)
Table 86 North America: Smart Buildings Energy Management Market Size, by Type, 2021-2026 (USD Million)
Table 87 North America: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 88 North America: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 89 North America: Market Size, by Building Type, 2017-2020 (USD Million)
Table 90 North America: Market Size, by Building Type, 2021-2026 (USD Million)
Table 91 North America: Market Size, by Country, 2017-2020 (USD Million)
Table 92 North America: Market Size, by Country, 2021-2026 (USD Million)
9.2.4 United States
9.2.4.1 Government Initiatives and Awareness Plans for Energy-Efficient and Cost-Effective Smart Buildings to Drive Market Growth in the US
Table 93 United States: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 94 United States: Market Size, by Component, 2021-2026 (USD Million)
Table 95 United States: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 96 United States: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 97 United States: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 98 United States: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 99 United States: Market Size, by Building Type, 2017-2020 (USD Million)
Table 100 United States: Market Size, by Building Type, 2021-2026 (USD Million)
9.2.5 Canada
9.2.5.1 Use of Smart Technologies and Smart Building Solutions and Services to Drive Market Growth in Canada
Table 101 Canada: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 102 Canada: Market Size, by Component, 2021-2026 (USD Million)
Table 103 Canada: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 104 Canada: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 105 Canada: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 106 Canada: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 107 Canada: Market Size, by Building Type, 2017-2020 (USD Million)
Table 108 Canada: Market Size, by Building Type, 2021-2026 (USD Million)
9.3 Europe
9.3.1 Europe: Market Drivers
9.3.2 Europe: COVID-19 Impact
9.3.3 Europe: Regulatory Norms
Table 109 Europe: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 110 Europe: Market Size, by Component, 2021-2026 (USD Million)
Table 111 Europe: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 112 Europe: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 113 Europe: Smart Building Infrastructure Management Market Size, by Type, 2017-2020 (USD Million)
Table 114 Europe: Smart Building Infrastructure Management Market Size, by Type, 2021-2026 (USD Million)
Table 115 Europe: Smart Buildings Safety and Security Management Market Size, by Type, 2017-2020 (USD Million)
Table 116 Europe: Smart Buildings Safety and Security Management Market Size, by Type, 2021-2026 (USD Million)
Table 117 Europe: Smart Buildings Energy Management Market Size, by Type, 2017-2020 (USD Million)
Table 118 Europe: Smart Buildings Energy Management Market Size, by Type, 2021-2026 (USD Million)
Table 119 Europe: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 120 Europe: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 121 Europe: Market Size, by Building Type, 2017-2020 (USD Million)
Table 122 Europe: Market Size, by Building Type, 2021-2026 (USD Million)
Table 123 Europe: Market Size, by Country, 2017-2020 (USD Million)
Table 124 Europe: Market Size, by Country, 2021-2026 (USD Million)
9.3.4 United Kingdom
9.3.4.1 Government Initiatives to Improve Energy Performance and Create Employment Opportunities to Drive Market Growth in the UK
Table 125 United Kingdom: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 126 United Kingdom: Market Size, by Component, 2021-2026 (USD Million)
Table 127 United Kingdom: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 128 United Kingdom: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 129 United Kingdom: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 130 United Kingdom: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 131 United Kingdom: Market Size, by Building Type, 2017-2020 (USD Million)
Table 132 United Kingdom: Market Size, by Building Type, 2021-2026 (USD Million)
9.3.5 Germany
9.3.5.1 Rise in Demand for HVAC and Lighting Control Systems to Boost the Growth of the Smart Buildings Market in Germany
Table 133 Germany: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 134 Germany: Market Size, by Component, 2021-2026 (USD Million)
Table 135 Germany: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 136 Germany: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 137 Germany: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 138 Germany: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 139 Germany: Market Size, by Building Type, 2017-2020 (USD Million)
Table 140 Germany: Market Size, by Building Type, 2021-2026 (USD Million)
9.3.6 Rest of Europe
9.4 Asia-Pacific
9.4.1 Asia-Pacific: Market Drivers
9.4.2 Asia-Pacific: COVID-19 Impact
9.4.3 Asia-Pacific: Regulatory Norms
Figure 37 Asia-Pacific: Market Snapshot
Table 141 Asia-Pacific: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 142 Asia-Pacific: Market Size, by Component, 2021-2026 (USD Million)
Table 143 Asia-Pacific: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 144 Asia-Pacific: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 145 Asia-Pacific: Smart Building Infrastructure Management Market Size, by Type, 2017-2020 (USD Million)
Table 146 Asia-Pacific: Smart Building Infrastructure Management Market Size, by Type, 2021-2026 (USD Million)
Table 147 Asia-Pacific: Smart Buildings Safety and Security Management Market Size, by Type, 2017-2020 (USD Million)
Table 148 Asia-Pacific: Smart Buildings Safety and Security Management Market Size, by Type, 2021-2026 (USD Million)
Table 149 Asia-Pacific: Smart Buildings Energy Management Market Size, by Type, 2017-2020 (USD Million)
Table 150 Asia-Pacific: Smart Buildings Energy Management Market Size, by Type, 2021-2026 (USD Million)
Table 151 Asia-Pacific: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 152 Asia-Pacific: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 153 Asia-Pacific: Market Size, by Building Type, 2017-2020 (USD Million)
Table 154 Asia-Pacific: Market Size, by Building Type, 2021-2026 (USD Million)
Table 155 Asia-Pacific: Market Size, by Country, 2017-2020 (USD Million)
Table 156 Asia-Pacific: Market Size, by Country, 2021-2026 (USD Million)
9.4.4 China
9.4.4.1 Rapid Urbanization and Modernization Pressure the Construction Industry to Work Faster and on Newer Designs
Table 157 China: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 158 China: Market Size, by Component, 2021-2026 (USD Million)
Table 159 China: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 160 China: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 161 China: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 162 China: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 163 China: Market Size, by Building Type, 2017-2020 (USD Million)
Table 164 China: Market Size, by Building Type, 2021-2026 (USD Million)
9.4.5 Japan
9.4.5.1 Active Government Support and Rapid Growing Construction Sector to Drive the Market Growth in Japan
9.4.6 Australia
9.4.6.1 Investment in Smart Buildings by Government and Property Owners to Drive the Market Growth in Australia
9.4.7 Rest of Asia-Pacific
9.5 Middle East and Africa
9.5.1 Middle East and Africa: Smart Buildings Market Drivers
9.5.2 Middle East and Africa: COVID-19 Impact
9.5.3 Middle East and Africa: Regulatory Norms
Table 165 Middle East and Africa: Market Size, by Component, 2017-2020 (USD Million)
Table 166 Middle East and Africa: Market Size, by Component, 2021-2026 (USD Million)
Table 167 Middle East and Africa: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 168 Middle East and Africa: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 169 Middle East and Africa: Smart Building Infrastructure Management Market Size, by Type, 2017-2020 (USD Million)
Table 170 Middle East and Africa: Smart Building Infrastructure Management Market Size, by Type, 2021-2026 (USD Million)
Table 171 Middle East and Africa: Smart Buildings Safety and Security Management Market Size, by Type, 2017-2020 (USD Million)
Table 172 Middle East and Africa: Smart Buildings Safety and Security Management Market Size, by Type, 2021-2026 (USD Million)
Table 173 Middle East and Africa: Smart Buildings Energy Management Market Size, by Type, 2017-2020 (USD Million)
Table 174 Middle East and Africa: Smart Buildings Energy Management Market Size, by Type, 2021-2026 (USD Million)
Table 175 Middle East and Africa: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 176 Middle East and Africa: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 177 Middle East and Africa: Market Size, by Building Type, 2017-2020 (USD Million)
Table 178 Middle East and Africa: Market Size, by Building Type, 2021-2026 (USD Million)
Table 179 Middle East and Africa: Market Size, by Country, 2017-2020 (USD Million)
Table 180 Middle East and Africa: Market Size, by Country, 2021-2026 (USD Million)
9.5.4 United Arab Emirates
9.5.4.1 Shifting Focus from Oil to Construction Activities Increased Domestic and Foreign Investments in the Commercial Sector in the UAE
Table 181 United Arab Emirates: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 182 United Arab Emirates: Market Size, by Component, 2021-2026 (USD Million)
Table 183 United Arab Emirates: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 184 United Arab Emirates: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 185 United Arab Emirates: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 186 United Arab Emirates: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 187 United Arab Emirates: Market Size, by Building Type, 2017-2020 (USD Million)
Table 188 United Arab Emirates: Market Size, by Building Type, 2021-2026 (USD Million)
9.5.5 Kingdom of Saudi Arabia
9.5.5.1 Development of Commercial Projects and Refurbishment of Existing Buildings to Drive the Market Growth in the Ksa
9.5.6 Rest of the Middle East and Africa
9.6 Latin America
9.6.1 Latin America: Smart Buildings Market Drivers
9.6.2 Latin America: COVID-19 Impact
9.6.3 Latin America: Regulatory Norms
Table 189 Latin America: Market Size, by Component, 2017-2020 (USD Million)
Table 190 Latin America: Market Size, by Component, 2021-2026 (USD Million)
Table 191 Latin America: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 192 Latin America: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 193 Latin America: Smart Building Infrastructure Management Market Size, by Type, 2017-2020 (USD Million)
Table 194 Latin America: Smart Building Infrastructure Management Market Size, by Type, 2021-2026 (USD Million)
Table 195 Latin America: Smart Buildings Safety and Security Management Market Size, by Type, 2017-2020 (USD Million)
Table 196 Latin America: Smart Buildings Safety and Security Management Market Size, by Type, 2021-2026 (USD Million)
Table 197 Latin America: Smart Buildings Energy Management Market Size, by Type, 2017-2020 (USD Million)
Table 198 Latin America: Smart Buildings Energy Management Market Size, by Type, 2021-2026 (USD Million)
Table 199 Latin America: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 200 Latin America: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 201 Latin America: Market Size, by Building Type, 2017-2020 (USD Million)
Table 202 Latin America: Market Size, by Building Type, 2021-2026 (USD Million)
Table 203 Latin America: Market Size, by Country, 2017-2020 (USD Million)
Table 204 Latin America: Market Size, by Country, 2021-2026 (USD Million)
9.6.4 Brazil
9.6.4.1 Need for Sustainable and Efficient Infrastructure with Reduced Energy Consumption to Drive the Market Growth in this Region
Table 205 Brazil: Smart Buildings Market Size, by Component, 2017-2020 (USD Million)
Table 206 Brazil: Market Size, by Component, 2021-2026 (USD Million)
Table 207 Brazil: Smart Building Solutions Market Size, by Type, 2017-2020 (USD Million)
Table 208 Brazil: Smart Building Solutions Market Size, by Type, 2021-2026 (USD Million)
Table 209 Brazil: Smart Building Services Market Size, by Type, 2017-2020 (USD Million)
Table 210 Brazil: Smart Building Services Market Size, by Type, 2021-2026 (USD Million)
Table 211 Brazil: Market Size, by Building Type, 2017-2020 (USD Million)
Table 212 Brazil: Market Size, by Building Type, 2021-2026 (USD Million)
9.6.5 Mexico
9.6.5.1 Highest Concentration of Leed Buildings and Significant Shift Toward Green Building and Sustainability to Drive the Market Growth in Mexico
9.6.6 Rest of Latin America
10 Competitive Landscape
10.1 Overview
10.2 Key Player Strategies
Table 213 Overview of Strategies Deployed by Key Players in the Smart Buildings Market
10.3 Market Share Analysis of Top Players
Table 214 Market: Degree of Competition
10.4 Revenue Analysis
Figure 38 Historical Three-Year Revenue Analysis of Leading Players, 2018-2020 (USD Million)
10.5 Key Company Evaluation Quadrant
10.5.1 Stars
10.5.2 Emerging Leaders
10.5.3 Pervasive Players
10.5.4 Participants
Figure 39 Key Smart Building Market Players, Company Evaluation Matrix, 2021
10.6 Competitive Benchmarking
Table 215 Market: Competitive Benchmarking of Key Players
Table 216 Market: Competitive Benchmarking of Startups/Smes
Table 217 Smart Buildings Market: Detailed List of Key Startup/Smes
10.7 Startup/Sme Evaluation Quadrant
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 40 Startup/Sme Smart Building Market Players, Company Evaluation Matrix, 2021
10.8 Competitive Scenario
10.8.1 Product Launches
Table 218 Product Launches, September 2019-April 2021
10.8.2 Deals
Table 219 Deals, April 2020-January 2022
10.8.3 Others
Table 220 Others, September 2019-May 2021
11 Company Profiles
11.1 Major Players
(Business Overview, Products Offered, Response to COVID-19, Recent Developments, Analyst's View)*
11.1.1 Cisco
Table 221 Cisco: Business Overview
Figure 41 Cisco: Financial Overview
Table 222 Cisco: Products Offered
Table 223 Cisco: Product Launches
Table 224 Cisco: Deals
Table 225 Cisco: Others
11.1.2 Ibm
Table 226 Ibm: Business Overview
Figure 42 Ibm: Financial Overview
Table 227 Ibm: Products Offered
Table 228 Ibm: Product Launches
Table 229 Ibm: Deals
11.1.3 Honeywell
Table 230 Honeywell: Business Overview
Figure 43 Honeywell: Financial Overview
Table 231 Honeywell: Products Offered
Table 232 Honeywell: Product Launches
Table 233 Honeywell: Deals
11.1.4 Siemens
Table 234 Siemens: Business Overview
Figure 44 Siemens: Financial Overview
Table 235 Siemens: Products Offered
Table 236 Siemens: Product Launches
Table 237 Siemens: Deals
11.1.5 Johnson Controls
Table 238 Johnson Controls: Business Overview
Figure 45 Johnson Controls: Financial Overview
Table 239 Johnson Controls: Products Offered
Table 240 Johnson Controls: Product Launches
Table 241 Johnson Controls: Deals
11.1.6 Huawei
Table 242 Huawei: Business Overview
Figure 46 Huawei: Financial Overview
Table 243 Huawei: Products Offered
Table 244 Huawei: Product Launches
Table 245 Huawei: Deals
11.1.7 Intel
Table 246 Intel: Business Overview
Figure 47 Intel: Financial Overview
11.1.7.2 Products Offered
Table 247 Intel: Products Offered
11.1.7.3 Recent Developments
Table 248 Intel: Product Launches
Table 249 Intel: Deals
Table 250 Intel: Others
11.1.8 Ptc
Table 251 Ptc: Business Overview
Figure 48 Ptc: Financial Overview
Table 252 Ptc: Products Offered
Table 253 Ptc: Product Launches
Table 254 Ptc: Deals
11.1.9 Abb
Table 255 Abb: Business Overview
Figure 49 Abb: Financial Overview
Table 256 Abb: Products Offered
Table 257 Abb: Product Launches
Table 258 Abb: Deals
11.1.10 Hitachi
Table 260 Hitachi: Products Offered
Table 261 Hitachi: Product Launches
Table 262 Hitachi: Deals
Table 263 Hitachi: Others
11.1.11 Schneider Electric
Table 264 Schneider Electric: Business Overview
Figure 51 Schneider Electric: Financial Overview
Table 265 Schneider Electric: Products Offered
Table 266 Schneider Electric: Product Launches
Table 267 Schneider Electric: Deals
11.1.12 Telit
Table 268 Telit: Business Overview
Figure 52 Telit: Financial Overview
Table 269 Telit: Products Offered
Table 270 Telit: Product Launches
Table 271 Telit: Deals
11.1.13 Legrand
Table 272 Legrand: Business Overview
Figure 53 Legrand: Financial Overview
Table 273 Legrand: Products Offered
Table 274 Legrand: Product Launches
Table 275 Legrand: Deals
11.1.14 Bosch
Table 276 Bosch: Business Overview
Figure 54 Bosch: Financial Overview
Table 277 Bosch: Products Offered
Table 278 Bosch: Product Launches
Table 279 Bosch: Deals
*Details on Business Overview, Products Offered &, Key Insights, Response to COVID-19, Recent Developments, Analyst's View Might Not be Captured in Case of Unlisted Companies.
11.2 Startups/Smes
11.2.1 Kmc Controls
11.2.2 Verdigris Technologies
11.2.3 Aquicore
11.2.4 75F
11.2.5 Buildingiq
11.2.6 Entouch
11.2.7 Gaia
11.2.8 Softdel
11.2.9 Mode: Green
11.2.10 Coppertree Analytics
11.2.11 Spaceti
11.2.12 Igor
11.2.13 Efacility
11.2.14 Spacewell
12 Adjacent/Related Markets
12.1 Smart Cities Market
12.1.1 Market Definition
12.1.2 Market Overview
12.1.3 Smart Cities Market, by Focus Area
Table 280 Smart Cities Market Size, by Focus Area, 2016-2020 (USD Billion)
Table 281 Smart Cities Market Size, by Focus Area, 2021-2026 (USD Billion)
12.1.4 Smart Transportation Market, by Component
Table 282 Smart Transportation Market Size, by Component, 2016-2020 (USD Billion)
Table 283 Smart Transportation Market Size, by Component, 2021-2026 (USD Billion)
Table 284 Smart Transportation Market Size, by Solution, 2016-2020 (USD Billion)
Table 285 Smart Transportation Market Size, by Solution, 2021-2026 (USD Billion)
Table 286 Smart Transportation Market Size, by Service, 2016-2020 (USD Billion)
Table 287 Smart Transportation Market Size, by Service, 2021-2026 (USD Billion)
12.1.5 Smart Transportation Market, by Type
Table 288 Smart Transportation Market Size, by Type, 2016-2020 (USD Billion)
Table 289 Smart Transportation Market Size, by Type, 2021-2026 (USD Billion)
12.1.6 Smart Buildings Market, by Solution
Table 290 Smart Building Solutions Market Size, by Type, 2016-2020 (USD Billion)
Table 291 Smart Building Solutions Market Size, by Type, 2021-2026 (USD Billion)
12.1.7 Market, by Service
Table 292 Smart Building Services Market Size, by Type, 2016-2020 (USD Billion)
Table 293 Smart Building Services Market Size, by Type, 2021-2026 (USD Billion)
12.1.8 Smart Utilities Market, by Component
Table 294 Smart Utilities Market Size, by Component, 2016-2020 (USD Billion)
Table 295 Smart Utilities Market Size, by Component, 2021-2026 (USD Billion)
Table 296 Smart Utilities Market Size, by Solution, 2016-2020 (USD Billion)
Table 297 Smart Utilities Market Size, by Solution, 2021-2026 (USD Billion)
Table 298 Smart Utilities Market Size, by Service, 2016-2020 (USD Billion)
Table 299 Smart Utilities Market Size, by Service, 2021-2026 (USD Billion)
12.1.9 Smart Utilities Market, by Type
Table 300 Smart Utilities Market Size, by Type, 2016-2020 (USD Billion)
Table 301 Smart Utilities Market Size, by Type, 2021-2026 (USD Billion)
12.1.10 Smart Citizen Services Market, by Type
Table 302 Smart Citizen Services Market Size, by Type, 2016-2020 (USD Billion)
Table 303 Smart Citizen Services Market Size, by Type, 2021-2026 (USD Billion)
12.2 Facility Management Market
12.2.1 Market Definition
12.2.2 Market Overview
12.2.3 Facility Management Market, by Component
Table 304 Facility Management Market Size, by Component, 2016-2020 (USD Million)
Table 305 Facility Management Market Size, by Component, 2021-2026 (USD Million)
Table 306 Facility Management Market Size, by Solution, 2016-2020 (USD Million)
Table 307 Facility Management Market Size, by Solution, 2021-2026 (USD Million)
Table 308 Facility Management Market Size, by Service, 2016-2020 (USD Million)
Table 309 Facility Management Market Size, by Service, 2021-2026 (USD Million)
12.2.4 Facility Management Market, by Deployment Type
Table 310 Facility Management Market Size, by Deployment Mode, 2016-2020 (USD Million)
Table 311 Facility Management Market Size, by Deployment Mode, 2021-2026 (USD Million)
12.2.5 Facility Management Market, by Organization Size
Table 312 Facility Management Market Size, by Organization Size, 2016-2020 (USD Million)
Table 313 Facility Management Market Size, by Organization Size, 2021-2026 (USD Million)
12.2.6 Facility Management Market, by Vertical
Table 314 Facility Management Market Size, by Vertical, 2016-2020 (USD Million)
Table 315 Facility Management Market Size, by Vertical, 2021-2026 (USD Million)
12.2.7 Facility Management Market, by Region
Table 316 Facility Management Market Size, by Region, 2016-2020 (USD Million)
Table 317 Facility Management Market Size, by Region, 2021-2026 (USD Million)
12.3 Building Analytics Market
12.3.1 Market Definition
12.3.2 Market Overview
12.3.3 Building Analytics Market, by Application
Table 318 Building Analytics Market Size, by Application, 2016-2023 (USD Million)
12.3.4 Building Analytics Market, by Offering
Table 319 Building Analytics Market Size, by Component, 2016-2023 (USD Million)
Table 320 Building Analytics Software Market Size, by Region, 2016-2023 (USD Million)
Table 321 Building Analytic Services Market Size, by Region, 2016-2023 (USD Million)
Table 322 Building Analytic Services Market Size, by Type, 2016-2023 (USD Million)
Table 323 Managed Services Market Size, by Region, 2016-2023 (USD Million)
Table 324 Professional Services Market Size, by Region, 2016-2023 (USD Million)
Table 325 Professional Services Market Size, by Type, 2016-2023 (USD Million)
12.3.5 Building Analytics Market, by Deployment Mode
Table 326 Building Analytics Market Size, by Deployment Mode, 2016-2023 (USD Million)
Table 327 On-Premise Building Analytics Market Size, by Region, 2016-2023 (USD Million)
Table 328 Cloud Building Analytics Market Size, by Region, 2016-2023 (USD Million)
12.3.6 Building Analytics Market, by Building Type
Table 329 Building Analytics Market Size, by Building Type, 2016-2023 (USD Million)
12.3.7 Building Analytics Market, by Region
Table 330 Building Analytics Market Size, by Region, 2016-2023 (USD Million)
13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: The Subscription Portal
13.3 Available Customizations

Companies Mentioned

  • 75F
  • Abb
  • Aquicore
  • Bosch
  • Buildingiq
  • Cisco
  • Coppertree Analytics
  • Efacility
  • Entouch
  • Gaia
  • Hitachi
  • Honeywell
  • Huawei
  • Ibm
  • Igor
  • Intel
  • Johnson Controls
  • Kmc Controls
  • Legrand
  • Mode: Green
  • Ptc
  • Schneider Electric
  • Siemens
  • Softdel
  • Spaceti
  • Spacewell
  • Telit
  • Verdigris Technologies

Methodology

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Table Information

Report AttributeDetails
No. of Pages302
PublishedFebruary 2022
Forecast Period2021 - 2026
Estimated Market Value ( USD ) in 2021 $ 72.6 Billion
Forecasted Market Value ( USD ) by 2026 $ 121.6 Billion
Compound Annual Growth Rate10.9%
Regions CoveredGlobal
No. of Companies Mentioned28

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