Middle East & Africa Smart Building Market Size & Outlook

The smart building market in Middle East & Africa is expected to reach a projected revenue of US$ 46,150.3 million by 2033. A compound annual growth rate of 20.8% is expected of Middle East & Africa smart building market from 2026 to 2033.
Revenue, 2025 (US$M)
$10,534.6
Forecast, 2033 (US$M)
$46,150.3
CAGR, 2026 - 2033
20.8%
Report Coverage
Middle East & Africa

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Middle East & Africa smart building market, 2021-2033 (US$M)

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MEA smart building market highlights

  • The MEA smart building market generated a revenue of USD 10,534.6 million in 2025.
  • The market is expected to grow at a CAGR of 20.8% from 2026 to 2033.
  • In terms of segment, solution was the largest revenue generating component in 2025.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, UAE is expected to register the highest CAGR from 2026 to 2033.


MEA data book summary

Market revenue in 2025USD 10,534.6 million
Market revenue in 2033USD 46,150.3 million
Growth rate20.8% (CAGR from 2026 to 2033)
Largest segmentSolution
Fastest growing segmentService
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
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, MEA region accounted for 7.4% of the global smart building market in 2025.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 165,376.4 million by 2033.

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Smart Building Market Scope

Smart building market segmentation & scope
Access Control System
Video Surveillance System
Fire and Life Safety System
HVAC Control System
Lighting Management System
Others
Parking Management System
Water Management System
Others
Real Estate Management
Capital Project Management
Facility Management
Operations and Services Management
Environment and Energy Management
Wired Technology
Wireless Technology
Consulting
Implementation
Support and Maintenance
Residential
Healthcare
Retail
Academic
Others
Industrial

Smart Building Market Companies

Name Profile # Employees HQ Website
KMC Controls View profile 101-250 New Paris, Indiana, United States, North America http://kmccontrols.com
Telit View profile 1001-5000 Sgonico, Friuli-Venezia Giulia, Italy, Europe http://www.telit.com
Legrand SA View profile 33910 128, Avenue de Lattre de Tassigny, Cedex, Limoges, France, 87045 https://www.legrand.com
Bosch View profile 10001+ Stuttgart, Baden-Wurttemberg, Germany, Europe http://www.bosch.com
Sierra Wireless View profile 1001-5000 Richmond, British Columbia, Canada, North America http://www.sierrawireless.com
LG Electronics Inc ADR View profile 35111 Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 https://www.lge.co.kr
Cisco Systems Inc View profile 84900 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 https://www.cisco.com
Emerson Electric Co View profile 67000 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 https://www.emerson.com
Honeywell International Inc View profile 95000 855 South Mint Street, Charlotte, NC, United States, 28202 https://www.honeywell.com
Siemens AG View profile 321000 Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 https://www.siemens.com
ABB Ltd View profile 108700 Affolternstrasse 44, Zurich, Switzerland, 8050 https://www.abb.com
Intel Corp View profile 124800 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 https://www.intel.com
Schneider Electric SE View profile 162339 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 https://www.se.com
Johnson Controls International PLC View profile 102000 One Albert Quay, Cork, Ireland, T12 X8N6 https://www.johnsoncontrols.com
Hitachi Ltd View profile 322525 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 http://www.hitachi.com

Middle East & Africa 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 89.05% in 2025. Horizon Databook has segmented the Middle East & Africa smart building market based on solution, service covering the revenue growth of each sub-segment from 2021 to 2033.


The high demand for smart building solutions and services owing to high government investments in smart cities and notable penetration by global market players in the region is expected to drive the MEA smart building market growth.

State governments of various Middle Eastern cities such as Dubai, Abu Dhabi, Riyadh, Tel Aviv, Istanbul, Doha, and Jeddah are providing contracts to the key market players to implement smart building solutions in various commercial buildings.

For instance, in July 2021, Dubai Electricity and Water Authority (DEWA) selected Microsoft Corporation, Johnson Controls, and Moro Hub to implement smart building management, cybersecurity, AI, and IoT in DEWA’s new headquarters in Dubai.

Reasons to subscribe to Middle East & Africa smart building market databook:

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Target buyers of Middle East & Africa smart building market databook

  • 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.
  • 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 continent-level data and insights on the Middle East & Africa smart building market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa smart building market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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MEA smart building market size, by country, 2021-2033 (US$M)

Middle East & Africa Smart Building Market Outlook Share, 2025 & 2033 (US$M)

MEA smart building market size, by country, 2021-2033 (US$M)

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