Global Smart Building Market Research Report (2021 to 2026) - by Building Type, Component and Region

Dublin, Dec. 07, 2021 (GLOBE NEWSWIRE) -- The "Smart Building Market Research Report by Building Type, Component, and Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" report has been added to's offering.

The Global Smart Building Market size was estimated at USD 13,486.58 million in 2020, is expected to reach USD 16,588.72 million in 2021, and projected to grow at a CAGR of 23.34% reaching USD 47,481.81 million by 2026.

Market Statistics

The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage

This research report categorizes the Smart Building to forecast the revenues and analyze the trends in each of the following sub-markets:

  • Based on Building Type, the market was studied across Commercial, Industrial, and Residential.
  • Based on Component, the market was studied across Services and Solution. The Services is further studied across Consulting, Support & Maintenance, and System Integration & Deployment. The Solution is further studied across Building Infrastructure Management, Energy Management, Network Management, Security & Emergency Management, and Workforce Management. The Building Infrastructure Management is further studied across Elevators & Escalators Management System, Parking Management System, and Smart Water Management System. The Energy Management is further studied across HVAC Control System and Lighting System. The Security & Emergency Management is further studied across Access Control System, Safety System, and Video Surveillance System.
  • Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Competitive Strategic Window

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Smart Building Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Smart Building Market, including ABB Ltd., Aquicore, Inc., BuildingIQ, Cisco Systems, Inc., CopperTree Analytics Inc., En-Touch Alarm Systems, Inc., Hitachi, Ltd., Honeywell International Inc., Huawei Technologies Co. Ltd., Igor, Inc., Intel Corporation, International Business Machines Corporation, Johnson Controls International PLC, KMC Controls, Inc., L & T Technology Services Ltd., Legrand S.A., Mode Green Integrated Building Technology, PointGrab Ltd., PTC Inc., Robert Bosch GmbH, and Siemens AG.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Smart Building Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Smart Building Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Smart Building Market?
4. What is the competitive strategic window for opportunities in the Global Smart Building Market?
5. What are the technology trends and regulatory frameworks in the Global Smart Building Market?
6. What is the market share of the leading vendors in the Global Smart Building Market?
7. What modes and strategic moves are considered suitable for entering the Global Smart Building Market?

Key Topics Covered:

1. Preface

2. Research Methodology

3. Executive Summary

4. Market Overview
4.1. Introduction
4.2. Cumulative Impact of COVID-19

5. Market Dynamics
5.1. Introduction
5.2. Drivers
5.2.1. Growing Government Initiative for the Development of Smart Infrastructure
5.2.2. Increasing Need of Energy-Efficient and Sustainable Buildings Globally
5.2.3. Surge in Adoption of IoT Enabled BMS
5.3. Restraints
5.3.1. Capital Intensive Implementation and Privacy Concerns
5.4. Opportunities
5.4.1. Ongoing Development and Adoption of 5G Technology
5.4.2. Emerging Advancements of Smart Cities Worldwide
5.5. Challenges
5.5.1. Dearth of Expertise and Technology Alignment

6. Smart Building Market, by Building Type
6.1. Introduction
6.2. Commercial
6.3. Industrial
6.4. Residential

7. Smart Building Market, by Component
7.1. Introduction
7.2. Services
7.2.1. Consulting
7.2.2. Support & Maintenance
7.2.3. System Integration & Deployment
7.3. Solution
7.3.1. Building Infrastructure Management Elevators & Escalators Management System Parking Management System Smart Water Management System
7.3.2. Energy Management HVAC Control System Lighting System
7.3.3. Network Management
7.3.4. Security & Emergency Management Access Control System Safety System Video Surveillance System
7.3.5. Workforce Management

8. Americas Smart Building Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Smart Building Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Thailand

10. Europe, Middle East & Africa Smart Building Market
10.1. Introduction
10.2. France
10.3. Germany
10.4. Italy
10.5. Netherlands
10.6. Qatar
10.7. Russia
10.8. Saudi Arabia
10.9. South Africa
10.10. Spain
10.11. United Arab Emirates
10.12. United Kingdom

11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.1.1. Quadrants
11.1.2. Business Strategy
11.1.3. Product Satisfaction
11.2. Market Ranking Analysis
11.3. Market Share Analysis, by Key Player
11.4. Competitive Scenario
11.4.1. Merger & Acquisition
11.4.2. Agreement, Collaboration, & Partnership
11.4.3. New Product Launch & Enhancement
11.4.4. Investment & Funding
11.4.5. Award, Recognition, & Expansion

12. Company Usability Profiles
12.1. ABB Ltd.
12.2. Aquicore, Inc.
12.3. BuildingIQ
12.4. Cisco Systems, Inc.
12.5. CopperTree Analytics Inc.
12.6. En-Touch Alarm Systems, Inc.
12.7. Hitachi, Ltd.
12.8. Honeywell International Inc.
12.9. Huawei Technologies Co. Ltd.
12.10. Igor, Inc.
12.11. Intel Corporation
12.12. International Business Machines Corporation
12.13. Johnson Controls International PLC
12.14. KMC Controls, Inc.
12.15. L & T Technology Services Ltd.
12.16. Legrand S.A.
12.17. Mode Green Integrated Building Technology
12.18. PointGrab Ltd.
12.19. PTC Inc.
12.20. Robert Bosch GmbH
12.21. Siemens AG

13. Appendix

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