Smart Building Market Growth By Manufacturers, Type And Application, Forecast To 2026

New York, August 11, 2020: The global Smart Building market is segregated on the basis of Solution as Network Management, Workforce Management, Building Infrastructure Management, Security and Emergency Management, and Energy Management. Based on Service the global Smart Building market is segmented in Integration and Deployment, Support and Maintenance, and Consulting. Based on Building Type the global Smart Building market is segmented in Commercial, Industrial, and Residential.

The global Smart Building market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Building market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

The global Smart Building market report scope includes detailed study covering underlying factors influencing the industry trends.

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Digital technology-enabled, people-centric, and sustainable solutions form the backbone of next generation of buildings. The drive for smart buildings among businesses is hidden in their people-centric nature. That is, how flexible are buildings to the changing needs of occupants, architects, and end users should define their business proposition. Over the years, the inroads made by internet of things technologies and their seamless integration with the whole infrastructure fabric are reinforcing the lucrativeness of the smart buildings market. Providers of smart building solutions are leveraging new assortments of sensors and automation systems. the foremost virulent momentum to the evolution of the smart buildings market perhaps come from the strides made in digital transformation to scale back the carbon footprints within the smart buildings market. this is often enabled by the reducing costs of a good spectrum of technologies that make buildings smart. Another compelling proposition driving interest of facility managers in smart buildings is reducing the return on investments smart building uses automated technology to regulate the building’s various operations like air con, lighting, security, heating, ventilation, and other systems. These solutions have the appliance of actuators, sensors, and microchips, to gather and manage data. Smart buildings facilitate owners in improving asset reliability and performance which gradually optimize space utilization, reduce energy use and reduces the environmental impact of buildings. Growing numbers of smart energy systems are expected to open new avenues within the smart buildings market. Relentless pursuit of improving the access, efficiency, sustainability, and luxury is predicted to propel new advances within the smart buildings market. Technology players who are increasingly focused on expanding the IoT backbone of smart buildings will pave way for innovations within the smart buildings market. They are aiming at improving the interoperability of smart building technologies. However, a telling concern for all stakeholders is that the threat of physical and digital stores. the arrival of standardized security solutions may be a large unmet need. within the coming years, integration of internet of things solutions that consolidate disparate building systems is predicted to collect traction within the smart buildings market.

Based on Component, the global Smart Building market is segmented in Services and Solutions.

Competitive Rivalry

Spacewell, PTC, Avnet, Softdel, Spaceti, IBM, Hitachi, Honeywell, Siemens, Schneider Electric, and others are among the major players in the global Smart Building market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Smart Building Market has been segmented as below:

Smart Building Market, By Solution

  • Network Management
  • Workforce Management
  • Building Infrastructure Management
  • Security and Emergency Management
  • Energy Management

Smart Building Market, By Service

  • Integration and Deployment
  • Support and Maintenance
  • Consulting


Smart Building Market, By Building Type

  • Commercial
  • Industrial
  • Residential

Smart Building Market, By Component

  • Services
  • Solutions

Smart Building Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Smart Building Market, By Company

  • Spacewell
  • PTC
  • Avnet
  • Softdel
  • Spaceti
  • IBM
  • Hitachi
  • Honeywell
  • Siemens
  • Schneider Electric
  • Johnson Controls
  • Intel
  • Huawei
  • ABB
  • Pointgrab
  • Larsen & Toubro Technology Services
  • 75f
  • Telit
  • Logicladder

The report covers:

  • Global Smart Building market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Smart Building market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Building market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Building market share. Major industry players with significant revenue share include Spacewell, PTC, Avnet, Softdel, Spaceti, IBM, Hitachi, Honeywell, Siemens, Schneider Electric, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Smart Building industry trends
  • Find complete analysis on the market status
  • Identify the Smart Building market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making


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Table of Contents:

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
  2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
  3. Executive Summary
  4. Market Overview

    5. Smart Building Market, By Solution

  5. Smart Building Market, By Service

    7. Smart Building Market, By Building Type

    8. Smart Building Market, By Component

    9. Smart Building Market, By Geography

  6. Competitive Insights
  7. Company Profiles

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