Brazil Smart Building Market Size & Outlook, 2023-2030
Brazil smart building market, 2018-2030 (US$M)
Related Markets
Brazil smart building market highlights
- The Brazil smart building market generated a revenue of USD 2,460.0 million in 2023 and is expected to reach USD 13,380.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 27.4% 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 2023 | USD 2,460.0 million |
| Market revenue in 2030 | USD 13,380.0 million |
| Growth rate | 27.4% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | ABB 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, Brazil accounted for 2.3% 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 Scope
Smart Building Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 76.83% in 2023. Horizon Databook has segmented the Brazil smart building market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Brazil 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 country-level data and insights on the Brazil smart building market , including forecasts for subscribers. This country databook contains high-level insights into Brazil smart building market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil smart building market size, by component, 2018-2030 (US$M)
Brazil Smart Building Market Outlook Share, 2023 & 2030 (US$M)
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