Smart Building Market at a CAGR of 34.1% Rising Rapid Demand at Across Global with Top Competitors (ABB Group, Siemens AG, Schneider Electric, Cisco Systems Inc., International Business Machines Corporation, Delta Controls, Johnson Controls)Market Research report on the Global Smart Building Market offers elaborated learning on the market parts like dominating firms, growth rate, Industry Chain Analysis, Major Manufactures, gross margin, and the most effective development within the organization comprised throughout this analysis, additionally to the present, the report covers chart and tables which provide a clear viewpoint of the Global Smart Building Market. Development policies and plans are discussed as well as manufacturing processes and cost structures.
Smart Building Market Projected 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.
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Global Smart Building Market Report covers data points for 28 countries across multiple geographies. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and Brazil among others.
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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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.
• 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, university, 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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