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Global Smart Building Market Threats, Analysis, Key Players, Growth, and Forecast 2026

Europe is expected to account for major revenue contribution to global smart building market over forecast period Smart building provides the structure to automatically handle operations and functionalities in a building such as controlling lighting, security monitoring, ventilation and heating, parking, maintenance and various other systems. Smart buildings collect data using sensors, microchips, and actuators, and manage systems accordingly. This enables improved performance and reliability of assets, which automatically affect energy use, space optimization, and environmental impact of buildings. A global smart building includes real-time systems for handling the working of a building using a single interface. Smart buildings use hardware and software, which makes the building function more efficiently and it also improve its life-span by tracking and alerting the concerned personnel regarding potential or existing problems. This can be done by installing building automation systems (BAS) and networking technologies. Primary factors driving growth of global smart buildings market are increasing demand for system integration, need to improve energy efficiency, for improving productivity of an organization, to ensure support for maintenance etc. High investment for well-constructed and integrated smart technologies are some of the major factors restraining growth of the global smart building market. The global smart building market is segmented on the basis of type, application, and regions. The regions covered are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Europe is expected to be the major revenue contributor to the global smart building market throughout the forecast period due to significant adoption rate, modified policy frameworks, operational efficiencies, cost containment, and sustainability benefits, and changing business dynamics. Global smart building market segmentation by building automation software:
  • Intelligent security system
  • Video surveillance system
  • Access control system
  • Emergency management system
  • Building energy management system
  • Energy Management Platform
  • HVAC control system
  • Lighting control system
  • Infrastructure management
  • Parking management system
  • Smart water management
  • Elevators and escalators management system
  • Network and communication management systems
Global smart building market segmentation by segmentation service:
  • Professional services
  • Consulting services
  • System integration and deployment
  • Support and maintenance
  • Managed services
Global smart building market segmentation by building type:
  • Manufacturing facilities
  • Residential buildings
  • Commercial buildings
  • University, school campuses, and hospital buildings
  • Government and public infrastructure facilities
Global smart building market segmentation by region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
Key players in the global smart building market include:
  • Johnson Controls
  • ABB
  • General Electric
  • CISCO
  • Hewlett-Packard
  • Accenture
  • Ingersoll Rand Security Technologies
  • Delta Controls
  • Emerson Electric
  • Honeywell
Report Structure: In the first section of the report we offer a table of content, followed by a list of figures. The next section offers a definition and brief explanation of the various products and segmentation of the target market, along with research methodology and a list of acronyms and sources used to gather and analyse data and information. The third section of the report entails a brief list of drivers, restraints, opportunities, and threats (DROTs) in the target market. The report also offers insights on various trends in regions, countries, and markets as per segmentation, as well as insights and crucial information obtained from various sources including primary and secondary, annual reports, the Internet and others. The final section comprises detailed profiles of key players in the target market and a SWOT analysis of each company, apart from strategies, acquisitions and mergers. Objective of Report: Sections of the report are created and designed specifically to offer readers a clear, clean, and insights into historical, estimated, and revenue (US$ Mn/Bn) estimation and projection, Compounded Annual Growth Rate (CAGR %), and volume in measure as applicable to the target product/market. We offer illustrations, charts, tables, and figures to support our findings and analysis, in addition to key finding for markets in regions and countries. This report is valuable asset for the existing players, new entrants and the future investors. Who we are and what we do: Market.biz is a pioneering company in the fields of market research and analytical reporting. Our services enable clients to enhance business efficiency and focus on other core aspects of operations, while we take care of market research and reporting needs. Market.biz conducts and executes detailed and in-depth research and analysis across all relevant domains and offers accurate and insightful estimations and forecasts to enable clients to take well-informed and crucial decisions in their respective industries, sectors, or companies. Market.biz has access to the world’s most comprehensive and up-to-date databases in any business sector, as we understand the specific and varying needs of our clients. We offer updated reports to keep up with the changing scenarios in global markets and strive to ensure that only the utmost quality is established and maintained in every single report we produce. Our reports are conveniently designed and structured and are visually-pleasing. We provide a detailed analysis outlook of competitive markets and identify and study new and emerging trends and other crucial aspects and factors impacting or driving market growth. We also offer insights regarding new and emerging opportunities in the market and present the information in a comprehensive report focused on your respective market or sector.
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About this Report
Report ID 148418
Category
  • Manufacturing & Construction
Published on Upcoming
Number of Pages NA
Publisher Name Prudour
Editor Rating
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