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
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.
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