Argentina Smart Building Market Size & Outlook, 2023-2030

The smart building market in Argentina is expected to reach a projected revenue of US$ 5,560.0 million by 2030. A compound annual growth rate of 30.3% is expected of Argentina smart building market from 2024 to 2030.
Revenue, 2023 (US$M)
$870.0
Forecast, 2030 (US$M)
$5,560.0
CAGR, 2024 - 2030
30.3%
Report Coverage
Argentina

Argentina smart building market highlights

  • The Argentina smart building market generated a revenue of USD 870.0 million in 2023 and is expected to reach USD 5,560.0 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 30.3% from 2024 to 2030.
  • In terms of segment, solution was the largest revenue generating component in 2023.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.


Smart building market data book summary

Market revenue in 2023USD 870.0 million
Market revenue in 2030USD 5,560.0 million
Growth rate30.3% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentService
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Service
Key market players worldwideABB Ltd, Cisco Systems Inc, Emerson Electric Co, Hitachi Ltd, Honeywell International Inc, Intel Corp, Johnson Controls International PLC, LG Electronics Inc ADR, Legrand SA, Schneider Electric SE, Siemens AG, Sierra Wireless, Bosch, KMC Controls, Telit


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.8% of the global smart building market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil smart building market is projected to lead the regional market in terms of revenue in 2030.
  • Argentina is the fastest growing regional market in Latin America and is projected to reach USD 5,560.0 million by 2030.

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Smart Building Market Companies

Name Profile # Employees HQ Website

Argentina 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 77.01% in 2023. Horizon Databook has segmented the Argentina smart building market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of smart building market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina smart building market , including forecasts for subscribers. This country databook contains high-level insights into Argentina smart building market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina smart building market size, by component, 2018-2030 (US$M)

Argentina Smart Building Market Outlook Share, 2023 & 2030 (US$M)

Argentina smart building market size, by component, 2018-2030 (US$M)

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