Smart Building Market Research Report

 

The smart building market report, published by GMI Research, provides extensive insight and analysis of the smart building market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the smart building market. The research report also studies the competitive environment of the smart building market based on the company profiles and their efforts on increasing product value and production.

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Leading Players in the Smart Building Market

The notable players in the smart building market include Hitachi, Ltd., Intel Corporation, Huawei, Honeywell International Inc., Johnson Controls, IBM, Cisco, Schneider Electric, Siemens, and ABB, among others.

Key Drivers in the Smart Building Market

The increasing adoption of the Internet of Things (IoT) enabled building management system and the rising awareness of space utilization around the world are the key drivers contributing to the growth of the smart building market size. The increasing awareness about energy consumption and the expanding number of initiatives regarding environmental concerns will encourage the adoption of smart building systems to save energy, time, and money. For example, in 2017, the Public Service and Procurement Canada (PSPC) launched the Smart Building initiative aiming to the construction of 100 buildings across Canada. Several countries such as Dubai has launched the “Dubai Plan 2021”, focusing on converting the city into a “smart city” by using innovative technology, digital tools, and smart policies. The increasing development of smart cities will further energize the demand of the market.  

 

The emerging trend for eco-friendly and green building that offer numerous smart features will boost the demand for smart building market over the coming years. In addition to this, the rising security concerns followed by the technological enhancement and reliability offered by the intelligent security systems will further accelerate the demand of the smart building market during the forecast period.

 

Market Segmentation

 

Smart Building Market by Component:


·        Solutions

·        Services

 

Smart Building Market by Solutions:

 

·        Building Infrastructure Management (BIM)

o   Parking Management System

o   Smart Water Management System

o   Elevators and Escalators Management System

·        Security and Emergency Management

o   Access Control System

o   Video Surveillance System

o   Safety System

·        Energy Management

o   HVAC Control System

o   Lighting System

·        Network Management

·        Workforce Management

 

Smart Building Market by Services:

 

·        Consulting

·        Integration and Deployment

·        Support and Maintenance

 

Smart Building Market by Building Type:

 

·        Residential

·        Commercial

·        Office Buildings

·        Retail and Public Assembly Buildings

·        Hospital and Healthcare Facilities

·        Airports and Railway Stations

·        Others

·        Industrial

 

Smart Building Market by Region:

 

·        North America

o   United States of America

o   Canada

·        Asia Pacific

    • China
    • Japan
    • India
    • Rest of APAC

·        Europe

    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe

·        RoW

    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

 

About GMI Research

GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

 

Contact Us

Company Name: GMI RESEARCH

Email: enquiry@gmiresearch.com

Phone: +353 1 442 8820

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City: Dublin

State: Dublin

Country: Ireland

Website: https://www.gmiresearch.com/

 

 

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