Browse complete study report on global smart building market size, analysis to 2022 & share in North America provides detailed information for trends, analysis, opportunities, share & challenges; regarding the major factors influencing the growth of the smart building market.
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The key vendors profiled in the Smart Building Market Size such as Siemens AG (Germany), Schneider Electric (France), Cisco Systems, Inc. (US), ABB Group (Switzerland), International Business Machines Corporation (US), Honeywell International Inc.
(US), United Technologies Corporation (US), Legrand (France), Delta Controls (Canada), Johnson Controls (US), BuildingIQ (US). Smart Building Market provides detailed information on trends, analysis, opportunities, share & challenges; regarding the major factors influencing the growth of the smart building market.
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Browse complete report on "Smart Building Market by Type (Building Automation Software, Services), Building Type (Intelligent Security System, Building Energy Management System, Infrastructure Management, and Network Management System), and Region - Global Forecast to 2022" with 73 Market Data Tables and 33 Figures spread through 126 Pages and in-depth Table of content now available at
The Smart Building Market Size is estimated to be $ 5.73 billion in 2016 and is projected to reach $ 24.73 billion by 2021, at a CAGR of 34.0% from 2016 to 2021, due to the increasing need for integrated security and safety systems and increasing concern for reducing carbon footprints and energy waste across the various building types.
Key Target Audience for Smart building market to 2022
- System design and development vendors
- System integrators/migration service providers
- Consultants/consultancies/advisory firms
- Support and maintenance service providers
- Network service providers
- Smart building products and solutions provider companies
- Academic and research institutes
- Government associations
Asia-Pacific (APAC) is expected to lead the smart building market by region between 2016 and 2021. The growth can be attributed to hyper-urbanization and industrialization and the increasing number of government initiatives.In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel.
The integrated security system segment is expected to lead the global building automation software market between 2016 and 2021, due to the increasing need for maintaining the robust security level, monitor activities, and control access across the building types. With regards to the geographic analysis, Europe is likely to benefit from its technological advancements and a large number of smart city initiatives being undertaken in the region, which are already underway.
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