U.S. Smart Building Market Size & Outlook, 2025-2030
Related Markets
U.S. smart building market highlights
- The U.S. smart building market generated a revenue of USD 32,589.2 billion in 2024 and is expected to reach USD 129,986.2 billion by 2030.
- The U.S. market is expected to grow at a CAGR of 27.8% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Smart building market data book summary
| Market revenue in 2024 | USD 32,589.2 billion |
| Market revenue in 2030 | USD 129,986.2 billion |
| Growth rate | 27.8% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD billion |
| 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, U.S. accounted for 25.7% of the global smart building market in 2024.
- 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.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 24,950.9 billion by 2030.
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Smart Building Market Scope
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 |
U.S. 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 89.89% in 2024. Horizon Databook has segmented the U.S. 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 U.S. smart building market , including forecasts for subscribers. This country databook contains high-level insights into U.S. smart building market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. smart building market size, by component, 2018-2030 (US$M)
U.S. Smart Building Market Outlook Share, 2024 & 2030 (US$B)
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