Smart Building Market Intelligence Report - Global Forecast to 2027

Smart Building Market Intelligence Report - Global Forecast to 2027

The Global Smart Building Market is projected to reach USD 66,546.60 million by 2027 from USD 20,962.55 million in 2021, at a CAGR 21.23% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

• The Americas Smart Building Market size was estimated at USD 8,748.02 million in 2021 and expected to reach USD 10,260.52 million in 2022, at a CAGR 20.67% to reach USD 27,015.07 million by 2027.
• The Asia-Pacific Smart Building Market size was estimated at USD 5,371.10 million in 2021 and expected to reach USD 6,536.11 million in 2022, at a CAGR 22.13% to reach USD 17,828.79 million by 2027.
• The Europe, Middle East & Africa Smart Building Market size was estimated at USD 6,843.41 million in 2021 and expected to reach USD 8,134.95 million in 2022, at a CAGR 21.21% to reach USD 21,702.72 million by 2027.

Market Segmentation & Coverage:

The report on smart building identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the smart building to forecast the revenues and analyze the trends in each of the following sub-markets:

Building Type:

• Commercial
• Industrial
• Residential

Component:

• Services
  • Consulting
  • Support & Maintenance
  • System Integration & Deployment
• Solution
  • Building Infrastructure Management
    • Elevators & Escalators Management System
    • Parking Management System
    • Smart Water Management System
  • Energy Management
    • HVAC Control System
    • Lighting System
  • Network Management
  • Security & Emergency Management
    • Access Control System
    • Safety System
    • Video Surveillance System
  • Workforce Management

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
    • California
    • Florida
    • Illinois
    • New York
    • Ohio
    • Pennsylvania
    • Texas
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• ABB Ltd.
• Aquicore, Inc.
• BuildingIQ
• Cisco Systems, Inc.
• CopperTree Analytics Inc.
• Hitachi, Ltd.
• Honeywell International Inc.
• Huawei Technologies Co. Ltd.
• Igor, Inc.
• Intel Corporation
• International Business Machines Corporation
• Johnson Controls International PLC
• KMC Controls, Inc.
• L&T Technology Services Limited
• Legrand S.A.
• Mode Green Integrated Building Technology
• PointGrab Ltd.
• PTC Inc.
• Robert Bosch GmbH
• Siemens AG

Currency: USD

Base Year: 2021

Estimated Year: 2022

Forecast Year: 2027

Base Year Value: USD 20,962.55 million

Estimated Year Value: USD 24,931.59 million

Forecast Year Value: USD 66,546.60 million

CAGR (%): 21.23%.

Please Note: PDF & Excel + Online Access - 1 Year