Global Smart Building Market Size & Outlook, 2023-2030
Global smart building market, 2018-2030 (US$M)
Related Markets
Global smart building market highlights
- The global smart building market generated a revenue of USD 107,950.0 million in 2023 and is expected to reach USD 570,050.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 26.8% by 2030.
- In terms of segment, solution accounted for a revenue of USD 83,440.0 million in 2023.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 107,950.0 million |
| Market revenue in 2030 | USD 570,050.0 million |
| Growth rate | 26.8% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global smart building market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 129,700.0 million by 2030.
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Smart Building Market Scope
Smart Building Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart building market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart building market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 77.3% in 2023. Horizon Databook has segmented the Global smart building market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Building Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Safety & Security Management
- Access Control System
- Video Surveillance System
- Fire and Life Safety System
- Energy Management
- HVAC Control System
- Lighting Management System
- Others
- Building Infrastructure Management
- Parking Management System
- Water Management System
- Others
- Integrated Workplace Management System (IWMS)
- Real Estate Management
- Capital Project Management
- Facility Management
- Operations and Services Management
- Environment and Energy Management
- Network Management
- Wired Technology
- Wireless Technology
- Safety & Security Management
- Service
- Consulting
- Implementation
- Support and Maintenance
- Solution
- Global Smart Building End Use Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial
- Healthcare
- Retail
- Academic
- Others
- Industrial
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Target buyers of Global smart building market databook
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Our clientele includes a mix of smart building market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart building market , including forecasts for subscribers. This global databook contains high-level insights into Global smart building market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart building market size, by regions, 2018-2030 (US$M)
Top 10 countries: Smart building market size, 2023 (US$M)
Global smart building market share, by component, 2023 & 2030 (%, US$M)
Smart building market: Opportunity assessment by country
Global smart building market, by region, 2023 (US$M)
Related regional statistics
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