Global smart building market was valued at USD9366 million in 2019 and is expected to grow at a CAGR of more than 32% during the forecast period. The major factors driving the market include growing need for integrated security and safety systems coupled with the increasing government focus on smart cities. Smart building refers to the automatic and centralized control of a building’s heating, ventilation, air conditioning, lighting, security and other systems. Smart building reduces energy consumption and reduce the overall operational cost.

Global smart building market is segmented by building automation software, services, building type, and region. Based on building automation software, the market is further fragmented into intelligent security system, building energy management system, infrastructure management system and network management system. Building energy management system asserts its dominance over the market and is expected to grow maximum sales in forecast years too. The market has a 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 outbreak of pandemic has setback global economy in the first half of 2020. However, the economy is now stabilizing because of easing restrictions in the countries and lifting the lockdown. The market is expected to make a comeback by 2021 and continue the impressive growth for the forecast period.

Some of the leading players in the global smart building market are Honeywell International, ABB Ltd., Schneider Electric, Siemens, Cisco, Johnson Controls, Emerson Electric, Legrand, United Technologies Corporation, etc.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and forecast the market size of global smart building.
  • To classify and forecast global smart building based on Building Automation software, services, building type and regional distribution.
  • To identify drivers and challenges for global smart building.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global smart building.
  • To identify and analyze the profile of leading players involved in the manufacturing of global smart building.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of collaboration key vendors across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the key vendors which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service offerings, distribution channels and presence of all major collaboration key vendors across the globe.

TechSci Research calculated the market size of global smart building by using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • System Integrators/Migration Service Providers
  • Support & Maintenance Service Providers
  • Network security Providers
  • System Design & Development Vendors
  • Research organizations and consulting companies
  • Research Institutes
  • Industry associations

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration key vendors, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global smart building market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Building Automation Software Type:
    • Intelligent Security System
    • Building Energy Management System
    • Infrastructure Management System
    • Network Management System
  • Market, By Services:
    • Professional Services
    • Managed Services
  • Market, By Building Type:
    • Commercial Buildings
    • Residential Buildings
    • Government & Public Infrastructure Facilities
    • Educational Institutions
    • Others
  • Market, by Region:
    • Europe

§  United Kingdom

§  France

§  Germany

§  Italy

      • Spain
    • North America

§  United States

§  Canada

§  Mexico

    • Asia-Pacific

§  China

§  Japan

§  Australia

§  India

§  South Korea

    • Middle East and Africa

§  UAE

§  Saudi Arabia

§  Qatar

§  South Africa

    • South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global smart building market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Smart Building Market

5.    Voice of Customers

5.1.  Major Factors Driving the Adoption of Smart Building Solution

5.2.  Stage of Journey of Smart Building

5.3.  Brand Awareness

5.4.  Vendor Selection Parameter

5.5.  Challenges to the Adoption of Smart Building

6.    Global Smart Building Market Landscape

7.    Global Smart Building Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Building Automation Software (Intelligent Security System, Building Energy Management System, Infrastructure Management System and Network Management System)

7.2.2.     By Services (Professional Services and Managed Services)

7.2.3.     By Building Type (Residential Buildings, Commercial Buildings, Educational Institutions, Government & Public Infrastructure Facilities and Others)

7.2.4.     By Company

7.2.5.     By Region

7.3.  Market Mapping

8.    Europe Smart Building Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Building Automation Software

8.2.2.     By Services

8.2.3.     By Building Type

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     United Kingdom Smart Building Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Building Type

8.3.2.     France Smart Building Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Building Type

8.3.3.     Germany Smart Building Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Building Type

8.3.4.     Italy Smart Building Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Building Type

8.3.5.     Spain Smart Building Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Building Type

9.    North America Smart Building Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Building Automation Software

9.2.2.     By Services

9.2.3.     By Building Type

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     USA Smart Building Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Building Type

9.3.2.     Canada Smart Building Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Building Type

9.3.3.     Mexico Smart Building Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Building Type

10.  Asia-Pacific Smart Building Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Building Automation Software

10.2.2.  By Services

10.2.3.  By Building Type

10.2.4.  By Country

10.3.              Asia-Pacific: Country Analysis

10.3.1.  China Smart Building Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Building Type

10.3.2.  Japan Smart Building Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Building Type

10.3.3.  Australia Smart Building Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Building Type

10.3.4.   India Smart Building Market Outlook

10.3.4.1.      Market Size & Forecast

10.3.4.1.1.           By Value

10.3.4.2.      Market Share & Forecast

10.3.4.2.1.           By Building Type

10.3.5.   South Korea Smart Building Market Outlook

10.3.5.1.      Market Size & Forecast

10.3.5.1.1.           By Value

10.3.5.2.      Market Share & Forecast

10.3.5.2.1.           By Building Type

11.  Middle East and Africa Smart Building Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Building Automation Software

11.2.2.  By Services

11.2.3.  By Building Type

11.2.4.  By Country

11.3.              Middle East and Africa: Country Analysis

11.3.1.  UAE Smart Building Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Building Type

11.3.1.3.      Market Attractiveness Index

11.3.2.  Saudi Arabia Smart Building Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Building Type

11.3.3.  Qatar South Africa Smart Building Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Building Type

11.3.4.  South Africa Smart Building Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Building Type

11.3.4.2.2.            

12.  South America Smart Building Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value

12.2.              Market Share & Forecast

12.2.1.  By Building Automation Software

12.2.2.  By Services

12.2.3.  By Building Type

12.2.4.  By Country

12.3.              South America: Country Analysis

12.3.1.  Brazil Smart Building Market Outlook

12.3.1.1.      Market Size & Forecast

12.3.1.1.1.           By Value

12.3.1.2.      Market Share & Forecast

12.3.1.2.1.           By Building Type

12.3.2.  Argentina Smart Building Market Outlook

12.3.2.1.      Market Size & Forecast

12.3.2.1.1.           By Value

12.3.2.2.      Market Share & Forecast

12.3.2.2.1.           By Building Type

12.3.3.  Colombia Smart Building Market Outlook

12.3.3.1.      Market Size & Forecast

12.3.3.1.1.           By Value

12.3.3.2.      Market Share & Forecast

12.3.3.2.1.           By Building Type

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Competitive Landscape

16.  Strategic Recommendations

17.  About Us & Disclaimer

  • Figure 1: Major Factors Driving the Adoption of Smart Building Solution (N=125)

    Figure 2: Stage of Journey of Smart Building (N=125)

    Figure 3: Brand Awareness (N=125)

    Figure 4: Vendor Selection Parameter (N=125)

    Figure 5: Challenges to the Adoption of Smart Building (N=125)

    Figure 6: Global Smart Building Market Size, By Value, 2016-2020 (USD Million)

    Figure 7: Global Smart Building Market Size, By Value, 2021E-2026F (USD Million)

    Figure 8: Global Smart Building Market Share, By Building Automation Software, By Value, 2016-2026F

    Figure 9: Global Smart Building Market Share, By Services, By Value, 2016-2026F

    Figure 10: Global Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 11: Global Smart Building Market Share, By Region, By Value, 2016–2016F

    Figure 12: Global Smart Building Market Share, By Company, By Value, 2020

    Figure 13. Global Smart Building Market Map, By Building Automation Software, By Value, 2021E-2026F

    Figure 14. Global Smart Building Market Map, By Services, By Value, 2021E-2026F

    Figure 15. Global Smart Building Market Map, By Building Type, By Value, 2021E-2026F

    Figure 16. Global Smart Building Market Map, By Region, By Value, 2021E-2026F

    Figure 17: Europe Smart Building Market Size, By Value, 2016-2020 (USD Million)

    Figure 18: Europe Smart Building Market Size, By Value, 2021E-2026F (USD Million)

    Figure 19: Europe Smart Building Market Share, By Building Automation Software, By Value, 2016-2026F

    Figure 20: Europe Smart Building Market Share, By Services Type, By Value, 2016-2026F

    Figure 21: Europe Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 22: Europe Smart Building Market Share, By Country, By Value, 2016-2026F

    Figure 23: United Kingdom’s Share in Europe Smart Building Market, By Value, 2020 & 2026F

    Figure 24: United Kingdom Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 25: France’s share in Europe Smart Building Market, By Value, 2020 & 2026F

    Figure 26: France Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 27: Germany’s share in Europe Smart Building Market, By Value, 2020 & 2026F

    Figure 28: Germany Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 29: Italy’s share in Europe Smart Building Market, By Value, 2020 & 2026F

    Figure 30: Italy Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 31: Spain’ share in Europe Smart Building Market, By Value, 2020 & 2026F

    Figure 32: Spain Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 33: North America Smart Building Market Size, By Value, 2016-2020 (USD Million)

    Figure 34: North America Smart Building Market Size, By Value, 2021E-2026F (USD Million)

    Figure 35: North America Smart Building Market Share, By Building Automation Software, By Value, 2016-2026F

    Figure 36: North America Smart Building Market Share, By Services, By Value, 2016-2026F

    Figure 37: North America Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 38: North America Smart Building Market Share, By Country, By Value, 2016-2026F

    Figure 39: United States’ share in North America Smart Building Market, By Value, 2020 & 2026F

    Figure 40: United States Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 41: Canada’s Share in North America Smart Building Market, By Value, 2020 & 2026F

    Figure 42: Canada Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 43: Mexico’s Share in North America Smart Building Market, By Value, 2020 & 2026F

    Figure 44: Mexico Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 45: Asia-Pacific Smart Building Market Size, By Value, 2016-2020 (USD Million)

    Figure 46: Asia-Pacific Smart Building Market Size, By Value, 2021E-2026F (USD Million)

    Figure 47: Asia-Pacific Smart Building Market Share, By Building Automation Software, By Value, 2016-2026F

    Figure 48: Asia-Pacific Smart Building Market Share, By Services, By Value, 2016-2026F

    Figure 49: Asia-Pacific Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 50: Asia-Pacific Smart Building Market Share, By Country, By Value, 2016-2026F

    Figure 51: China’s share in Asia-Pacific Smart Building Market, By Value, 2020 & 2026F

    Figure 52: China Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 53: Japan’s share in Asia-Pacific Smart Building Market, By Value, 2020 & 2026F

    Figure 54: Japan Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 55: Australia’s share in Asia-Pacific Smart Building Market, By Value, 2020 & 2026F

    Figure 56: Australia Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 57: India’s share in Asia-Pacific Smart Building Market, By Value, 2020 & 2026F

    Figure 58: India Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 59: South Korea’s share in Asia-Pacific Smart Building Market, By Value, 2020 & 2026F

    Figure 60: South Korea Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 61: Middle East & Africa Smart Building Market Size, By Value, 2016-2020 (USD Million)

    Figure 62: Middle East & Africa Smart Building Market Size, By Value, 2021E-2026F (USD Million)

    Figure 63: Middle East & Africa Smart Building Market Share, By Building Automation Software, By Value, 2016-2026F

    Figure 64: Middle East & Africa Smart Building Market Share, By Services, By Value, 2016-2026F

    Figure 65: Middle East & Africa Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 66: Middle East & Africa Smart Building Market Share, By Country, By Value, 2016-2026F

    Figure 67: UAE’s share in Middle East & Africa Smart Building Market, By Value, 2020 & 2026F

    Figure 68: UAE Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 69: Saudi Arabia’s share in Middle East & Africa Smart Building Share, By Value, 2020 & 2026F

    Figure 70: Saudi Arabia Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 71: Qatar’s share in Middle East & Africa Smart Building Market, By Value, 2020 & 2026F

    Figure 72: Qatar Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 73: South Africa’s share in Middle East & Africa Smart Building Share, By Value, 2020 & 2026F

    Figure 74: South Africa Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 75: South America Smart Building Market Size, By Value, 2016-2020 (USD Million)

    Figure 76: South America Smart Building Market Size, By Value, 2021E-2026F (USD Million)

    Figure 77: South America Smart Building Market Share, By Building Automation Software, By Value, 2016-2026F

    Figure 78: South America Smart Building Market Share, By Services, By Value, 2016-2026F

    Figure 79: South America Smart Building Market Share, By Building Type, By Value, 2016-2026F  

    Figure 80: South America Smart Building Market Share, By Country, By Value, 2016-2026F

    Figure 81: Brazil’s share in South America Smart Building Market, By Value, 2020 & 2026F

    Figure 82: Brazil Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 83: Argentina’s share in South America Smart Building Market, By Value, 2020 & 2026F

    Figure 84: Argentina Smart Building Market Share, By Building Type, By Value, 2016-2026F

    Figure 85: Colombia’s share in South America Smart Building Market, By Value, 2020 & 2026F

    Figure 86: Colombia Smart Building Market Share, By Building Type, By Value, 2016-2026F

     

    List of Tables 

    Table 1: United Kingdom Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 2: France Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 3: Germany Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 4: Italy Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 5: Spain Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 6: United States Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 7: Canada Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 8: Mexico Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 9: China Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 10: Japan Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 11: Australia Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 12: India Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 13: South Korea Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 14: UAE Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 15: Saudi Arabia Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 16: Qatar Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 17: South Africa Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 18: Brazil Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 19: Argentina Smart Building Market Size, By Value, 2016-2026F (USD Million)

    Table 20: Colombia Smart Building Market Size, By Value, 2016-2026F (USD Million)