Global Smart Building Market report provides in-Depth analysis with current and upcoming Business opportunities to simplify the future investment in the market. The Global Smart Building Market report presents an all-inclusive study of the market by survey the key expansion, development trends, driving forces, restraints, opportunities, and future potential in details.
Smart Building Industry displays the production, revenue, price, and market share and growth rate 2025. Smart Building Market provides study of Dominated Companies, Growth Drivers, Product Type, Applications, Classifications, End Users, Supply-Demand, regional output and Industry Chain Structure Forecast till 2025.
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The global smart building market accounted for USD 5.89 billion in 2017 and is projected to grow at a CAGR of 34.1% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
- Rapid urbanization and industrialization.
- Increasing adoption of energy saving technologies.
- Upcoming government initiatives and measures.
- Rising concern for safety and security among the common people.
Market Segmentation: Global Smart Building Market
The global smart building market is based on:-
- Systems Segment Analysis,
- Application Segment Analysis, And
- Geographical Segments.
Based on System Segment Analysis, the global smart building market is segmented into:-
- Building Energy Management System,
- Physical Security System,
- Building Communication Systems,
- Plumbing And Water Management System,
- Parking Management Systems,
- Elevators and
- Escalators Management System.
Based on Application Segment Analysis, the global smart building market is segmented into:-
- Manufacturing Facilities,
- Residential Buildings,
- Commercial Buildings,
- School & Hospital Buildings,
- Government & Public Infrastructure Facilities, and others.
Based on Type, the global smart building market is segmented into building automation software and services. Building automation software type is further sub segmented into intelligent security system, building energy management system, infrastructure management system and network management system. Services segment is further sub segmented into professional services, and managed services.
Based on Geography, the global smart building market report covers data points for 28 countries across multiple geographies such as:-
- North America,
- South America,
- Asia-Pacific and
- Middle East & Africa.
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Key Players: Global Smart Building Market
- Johnson Controls,
- ABB Group,
- Siemens AG,
- Schneider Electric,
- Cisco Systems Inc.,
- International Business Machines Corporation,
- Delta Controls,
- Honeywell International Inc.,
- United Technologies Corporation,
- Legrand, BuildingIQ (US),
- Ingersoll Rand Security Technologies,
- TYCO International,
- Accenture and
- General Electric
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- The latest developments, market shares, and strategies that are employed by the major market players
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Competitive Analysis: Global Smart Building Market
The global smart building market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of smart building market for global, Europe, North America, Asia Pacific and South America.
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