Canada Smart Building Market Size & Outlook, 2023-2030
Canada smart building market, 2018-2030 (US$M)
Related Markets
Canada smart building market highlights
- The Canada smart building market generated a revenue of USD 4,590.0 million in 2023 and is expected to reach USD 24,890.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 27.3% 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 2023 | USD 4,590.0 million |
| Market revenue in 2030 | USD 24,890.0 million |
| Growth rate | 27.3% (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, Canada accounted for 4.3% 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 North America, U.S. smart building market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 24,890.0 million by 2030.
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Smart Building Market Scope
Smart Building Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada 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 76.47% in 2023. Horizon Databook has segmented the Canada 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.
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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 Canada smart building market , including forecasts for subscribers. This country databook contains high-level insights into Canada smart building market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada smart building market size, by component, 2018-2030 (US$M)
Canada Smart Building Market Outlook Share, 2023 & 2030 (US$M)
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