Post by mattjohnsonreal on Feb 24, 2021 9:32:18 GMT
The new report by Expert Market Research titled, ‘Global Smart Building Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global smart building market, assessing the market based on its segments like components, types, building types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@
www.expertmarketresearch.com/reports/smart-building-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 18 Billion
Forecast CAGR (2021-2026): 30%
Forecast Market Size (2026): USD 83 Billion
The global smart building industry is being driven by the growing urbanisation and industrialisation and the rapid technological advancements globally. The increasing focus on energy conservation has driven the industry growth over the historical period. The increasing penetration of IoT enabled management systems is expected to further aid the industry growth. The technological advancements such as the sensors, smart thermostats, and green HVAC systems are expected to significantly contribute to the market growth. The growing government initiatives to develop smart buildings to reduce energy consumption and the adoption of smart technologies such as cloud computing and others will aid the market growth over the forecast period.
Industry Definition and Major Segments
Smart building refers to a building that functions automatically and controls its operations such as security systems, heating, lighting, and more. These buildings are technologically advanced and comprises of devices such as microchips, sensors, and others, which make buildings more sustainable, safer, and cost- efficient.
Explore the full report with the table of contents@
www.expertmarketresearch.com/reports/smart-building-market
By component, the market is bifurcated into:
Solutions
Services
Based on type, the industry is divided into:
Building Infrastructure Management (BIM)
Security and Emergency Management
Energy Management
Network Management
Workforce Management
Others
By building type, it is categorised as:
Residential
Commercial
Industrial
Others
Latest Global News on Smart Building Market@
www.expertmarketresearch.com/pressrelease/global-smart-building-market
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
The global smart building market is projected to be driven by the emergence of 5G technology and the expansion of IoT enabled building. The introduction of 5G technology in the ongoing development projects worldwide is expected to significantly boost the infrastructure development. The investments made by the major industry players to reduce energy consumption are significantly facilitating the market growth. Moreover, the adoption of sustainable infrastructure to cause less environmental damages will aid the market growth in the forecast period. Apart from this, the rising initiatives by the governments to transform traditional buildings into energy-efficient buildings will further aid the market growth.
Key Market Players
The major players in the market are ABB Ltd., Honeywell International Inc., Siemens AG, Huawei Technologies Co., Ltd., Schneider Electric, Legrand, and Cisco Systems, Inc. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: www.expertmarketresearch.com
Note 1: For a snapshot of the primary and secondary data of the market (2015-2025), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report summary@
www.expertmarketresearch.com/reports/smart-building-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
Historical Market Size (2020): USD 18 Billion
Forecast CAGR (2021-2026): 30%
Forecast Market Size (2026): USD 83 Billion
The global smart building industry is being driven by the growing urbanisation and industrialisation and the rapid technological advancements globally. The increasing focus on energy conservation has driven the industry growth over the historical period. The increasing penetration of IoT enabled management systems is expected to further aid the industry growth. The technological advancements such as the sensors, smart thermostats, and green HVAC systems are expected to significantly contribute to the market growth. The growing government initiatives to develop smart buildings to reduce energy consumption and the adoption of smart technologies such as cloud computing and others will aid the market growth over the forecast period.
Industry Definition and Major Segments
Smart building refers to a building that functions automatically and controls its operations such as security systems, heating, lighting, and more. These buildings are technologically advanced and comprises of devices such as microchips, sensors, and others, which make buildings more sustainable, safer, and cost- efficient.
Explore the full report with the table of contents@
www.expertmarketresearch.com/reports/smart-building-market
By component, the market is bifurcated into:
Solutions
Services
Based on type, the industry is divided into:
Building Infrastructure Management (BIM)
Security and Emergency Management
Energy Management
Network Management
Workforce Management
Others
By building type, it is categorised as:
Residential
Commercial
Industrial
Others
Latest Global News on Smart Building Market@
www.expertmarketresearch.com/pressrelease/global-smart-building-market
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
1.2 Canada
2 Europe
2.1 Germany
2.2 United Kingdom
2.3 France
2.4 Italy
2.5 Others
3 Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 ASEAN
3.5 Others
4 Latin America
4.1 Brazil
4.2 Argentina
4.3 Mexico
4.4 Others
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 Nigeria
5.4 South Africa
5.5 Others
Market Trends
The global smart building market is projected to be driven by the emergence of 5G technology and the expansion of IoT enabled building. The introduction of 5G technology in the ongoing development projects worldwide is expected to significantly boost the infrastructure development. The investments made by the major industry players to reduce energy consumption are significantly facilitating the market growth. Moreover, the adoption of sustainable infrastructure to cause less environmental damages will aid the market growth in the forecast period. Apart from this, the rising initiatives by the governments to transform traditional buildings into energy-efficient buildings will further aid the market growth.
Key Market Players
The major players in the market are ABB Ltd., Honeywell International Inc., Siemens AG, Huawei Technologies Co., Ltd., Schneider Electric, Legrand, and Cisco Systems, Inc. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Related Reports:
Global Context Aware Computing Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTe
Global Virtual Reality in Education Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTh
Global Rugged Tablet Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTj
Global Virtual Router Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTl
Global Video Wall Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTm
Global Virtual Reality Glove Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTp
Global Social Television Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTq
Global Virtual Reality Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTs
Global Smart Building Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTu
Global Security Analytics Market Report and Forecast 2021-2026 by Expert Market Research: bityl.co/5iTw
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: Expert Market Research
Contact Person: Steven Luke, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: www.expertmarketresearch.com