Smart Building Market Size, Share & Industry Analysis, By Component (Solution (Building Infrastructure Management (Parking Management System, Smart Water Management System, Elevators and Escalators System), Security and Emergency Management (Access Control System, Video Surveillance System, and Safety System), and Energy Management and Services (System Integration and Deployment, Consulting)), By Application (Residential and Commercial (Hotel, Healthcare, Retail, Corporate Offices, Others), and Regional Forecast, 2024-2032

ATTRIBUTE

DETAILS

Study Period

2019-2032

Base Year

2023

Estimated Year

2024

Forecast Period

2024-2032

Historical Period

2019-2022

Growth Rate

CAGR of 21.8% from 2024 to 2032

Unit

Value (USD billion)

Segmentation

By Component

• Solution
• Building Infrastructure Management
• Parking Management System
• Smart Water Management System
• Elevators and Escalators System
• Security and Emergency Management
• Access Control System
• Video Surveillance System
• Safety System
• Energy Management
• HVAC Control System
• Lighting Control System
• Services

By Application

• Residential
• Commercial
  • Hotel
  • Healthcare
  • Retail
  • Corporate Offices
  • Others (Apartments, Condos)

By Region

• North America (By Component, By Application, and By Country)
  • U.S. (By Solution)
  • Canada (By Solution)
  • Mexico (By Solution)
• Europe (By Component, By Application, and By Country)
  • U.K. (By Solution)
  • Germany (By Solution)
  • France (By Solution)
  • Italy (By Solution)
  • Spain (By Solution)
  • Russia (By Solution)
  • Benelux (By Solution)
  • Nordics (By Solution)
  • Rest of Europe (By Solution)
• Middle East & Africa (By Component, By Application, and By Country)
  • Turkey (By Solution)
  • Israel (By Solution)
  • GCC (By Solution)
  • North Africa (By Solution)
  • South Africa (By Solution)
  • Rest of the Middle East & Africa (By Solution)
• Asia Pacific (By Component, By Application, and By Country)
  • China (By Solution)
  • India (By Solution)
  • Japan (By Solution)
  • South Korea (By Solution)
  • ASEAN (By Solution)
  • Oceania (By Solution)
  • Rest of Asia Pacific (By Solution)
• South America (By Component, By Application, and By Country)
  • Brazil (By Solution)
  • Argentina (By Solution)
  • Rest of South America (By Solution)