PUBLISHER: Guidehouse Research | PRODUCT CODE: 1912140
PUBLISHER: Guidehouse Research | PRODUCT CODE: 1912140
The global market for smart building software solutions is undergoing a significant transformation as commercial and institutional stakeholders face increasing pressure to improve energy efficiency, occupant well-being, and operational performance. Advances in artificial intelligence (AI), cloud-based analytics, and evolving regulatory requirements are reshaping how buildings are managed and optimized. With society spending more than 90% of its time indoors, the need for intelligent building solutions that enhance performance and sustainability has never been more critical. This report explores the drivers behind market growth, including the rise of hybrid workplaces, heightened safety and security needs, and the growing importance of data-driven decision-making for building owners, operators, technology vendors, and investors.
Guidehouse Research approaches this topic by analyzing the global market for smart building software across five key regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and eight commercial building types. The report focuses on five dominant software capabilities: sustainability and energy efficiency, safety and security, workplace management, facility operations and maintenance, and data management and integration. Market conditions, technology trends, and barriers to adoption are examined, with revenue forecasts provided for the period 2025 through 2034. The methodology combines primary interviews with industry leaders and secondary research, ensuring a comprehensive and objective view of market opportunities and challenges.
Key recommendations emphasize the importance of interoperability, workforce training, and proactive engagement with evolving policy requirements. The report finds that the greatest market potential lies in software solutions for facility operations and maintenance, as well as data management and integration-particularly in retrofit construction projects and public sector buildings. Notably, global revenue for smart building software is projected to more than triple from US$8.6 billion in 2025 to over US$28.3 billion by 2034. Stakeholders who prioritize open standards, cybersecurity, and AI integration will be best positioned to capture value and mitigate risks as the market continues to evolve.