×

The Smart building market is estimated to grow at a CAGR 9.12% rate from 2021 to 2026. The major factors driving the Smart building market include Rising adoption of IoT-enabled building management system, raising awareness of space utilization increased industry standards and regulations.Energy management segment of the Smart building market is projected to grow at the highest CAGR. Energy management solutions for smart building help to reduce and monitor the energy consumption of the building. Moreover, keeping operational expenses low is a continuous challenge for owners and managers of multistory buildings, schools, or building complexes which can achieved through smart building energy management solution.


The commercial segment is expected to lead the market. The growth of commercial segment can be attributed to need for appropriate and tailor-made solutions for optimized energy performance to reduce building energy consumption without compromising comfort or security and enhancing energy performance of the commercial buildings as these buildings consume higher energy and also generate more waste in the form of carbon and other solid wastes.


The North American region is expected to lead the market in 2019. North America is one of the most developed countries in terms of technology. The growth of the market in North America can be attributed to emergence of latest smart building solutions that leverage new technologies, such as IoT, big data, cloud computing, data analytics, deep learning, and artificial intelligence, for saving energy, reducing operational expenditures, increasing occupancy comfort, and meeting increasingly stringent global regulations and sustainability standards. Moreover, the US and Canada are prominent countries contributing to technological development in this region.


Key market players include Honeywell (US), Johnson Controls (US), Cisco (US), Hitachi (Japan), Siemens (Germany),IBM(US),Schneider Electric (Germany), Intel (US), Huawei (China), ABB (Switzerland), L&T Technology Services (India) ,75F (US), Telit (Switzerland), Pointgrab (Israel), LogicLadder (India), Spacewell (Belgium), PTC(US), Avenet (US), Softdell (US), Spaceti (Czech Republic).


Key questions addressed by the Report

  • What are the growth opportunities in the Smart building market?
  • What is the competitive landscape scenario in the market?
  • What are the regulations that are expected to have an impact on the market?
  • What are the dynamics of the market?
  • What are the major challenges for market?


  1. Introduction
  2. Market Definition
  3. Study Scope
  4. Study Period
  5. Market Stakeholders
  6. Research Methodology
  7. Secondary Research
  8. Primary Research
  9. Research Design
  10. Data Validation
  11. Limitations and Assumptions
  12. Market Dynamics
  13. Drivers
  14. Rising Adoption of Iot-Enabled Building Management System
  15. Rising Awareness With Regard to Space Utilization
  16. Increased Industry Standards and Regulations
  17. Challenges
  18. Lack of Technology Alignment and Skilled Professionals
  19. Rising Privacy and Security Concerns Owing to Iot-Enabled Devices
  20. Opportunities
  21. Emergence of 5g Technology
  22. Rising Smart City Trend
  23. Executive Summary
  24. Smart Building Market By Component
  25. Solutions
  26. Services
  27. Smart Building Market By Solution
  28. Building Infrastructure Management
  29. Parking Management System
  30. Smart Water Management System
  31. Elevators and Escalators Management System
  32. Security and Emergency Management
  33. Access Control System
  34. Video Surveillance System
  35. Safety System
  36. Energy Management
  37. HVAC Control System
  38. Lighting System
  39. Network Management
  40. Workforce Management
  41. Smart Building Market By Service
  42. Consulting
  43. Integration and Deployment
  44. Support and Maintenance
  45. Smart Building Market By Building Type
  46. Residential
  47. Commercial
  48. Office Buildings
  49. Retail and Public Assembly Buildings
  50. Hospital and Healthcare Facilities
  51. Airports and Railway Stations
  52. Others
  53. Industrial
  54. Smart Building Market By Region
  55. North America
  56. United States
  57. Canada
  58. Europe
  59. United Kingdom
  60. Germany
  61. Rest of Europe
  62. Asia Pacific
  63. China
  64. Japan
  65. Australia
  66. Rest of Asia Pacific
  67. Middle East and Africa
  68. Israel
  69. United Arab Emirates
  70. Rest of Middle East and Africa
  71. Latin America
  72. Brazil
  73. Mexico
  74. Rest of Latin America
  75. Company Profiles
  76. Leading Companies in Smart Building Market
  77. Cisco
  78. IBM
  79. Hitachi
  80. Honeywell
  81. Siemens
  82. Schneider Electric
  83. Johnson Controls
  84. Intel
  85. Huawei
  86. ABB
  87. Pointgrab
  88. Larsen & Toubro Technology Services
  89. 75F
  90. Telit
  91. LogicLadder
  92. Other Companies in Smart Building Market
  93. *Company introduction, financial information, recent developments, SWOT analysis
  94. Conclusion and Recommendations
  95. Appendix
  96. About
  97. Related Reports
  98. Glossary



Licence Option
  • Single 1500 USD
  • Multiple 3500 USD

  • Global
  • 150
  • Report

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  - Buy Chapters of this report
  - Buy Tables of this report
  - Buy Company Profiles of this report
  - Buy Startup Profiles of this report

Quality assurance

A testimonial for service in the form of BBB “A” Accreditation.

Your personal and confidential information is safe and secure.

  - Information security