Smart Building Market, By Component (Solution, Services), By Application, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023

Description

Smart Building is a term that describes a building that incorporates digital technologies into the fabric of the structure. These technologies include sensors, actuators and a data network that connects all the systems that run the building. The advantages of a Smart Building are reduced operating and maintenance costs, more information and control, better living conditions and increased sustainability for the environment. Moreover, it reduces security risks and increases occupant safety due to a variety of monitoring systems that detect possible problems such as fires or accidents.

Market Dynamics:

Technological advancements and the increase in entrepreneurship is expected to drive growth of the global smart building market during the forecast period. This has led to the rise of startups and smaller enterprises that are able to provide innovative and better industrial and automation solutions.

However, factors such as high cost, and lack of skilled professionals is expected to drive growth of the global smart building market over the forecast period.

Key features of the study:

This report provides in-depth analysis of the global smart building market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global smart building market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Softdel (A UNIDEL Company), ABB Ltd., Hitachi Ltd., Honeywell International, Avnet Inc., Siemens AG, Legrand SA, Schneider Electric SE, Johnson Controls Inc., Huawei Technologies Co. Ltd., Cisco Systems, and IBM Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global smart building market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart building market

Detailed Segmentation:

Global Smart Building Market, By Component:
- Solution
  - Building Energy Management System
  - Infrastructure Management System
  - Intelligent Security System
  - Other Solutions Services
- Services
Global Smart Building Market, By Application:
- Residential
- Commercial
Global Smart Building Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company profiles:
- ABB Ltd
- Honeywell International
- Siemens AG
- Schneider Electric SE
- Huawei Technologies Co. Ltd
- IBM Corporation
- Cisco Systems
- Johnson Controls Inc
- Legrand SA
- Avnet Inc
- Hitachi Ltd
- Softdel (A UNIDEL Company)

Product Code: CMI5733

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By Application
- Market Snapshot, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Increasing concerns regarding energy consumption
Rise in initiatives from governments on smart infrastructure projects
- Restraints
Lack of technology alignment
Dearth of skilled workforce
- Opportunities
Increasing focus of governments on sustainable development
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Smart Building Market - Impact of Coronavirus (COVID-19) Pandemic

COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact

5. Global Smart Building Market, By Component, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Solution
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
Building Energy Management System
Infrastructure Management System
Intelligent Security System
Other Solutions Services
Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)

6. Global Smart Building Market, By Application, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017- 2030
- Segment Trends
Residential
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)

7. Global Smart Building Market, By Region, 2017-2030, (US$ Bn)

Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017-2030
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2017-2030,(US$ Bn)

8. Competitive Landscape

ABB Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Honeywell International
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Siemens AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Schneider Electric SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Huawei Technologies Co. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
IBM Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Cisco Systems
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Johnson Controls Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Legrand SA
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Avnet Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Hitachi Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Softdel (A UNIDEL Company)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
About us

Smart Building Market, By Component (Solution, Services), By Application, and By Geography - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030