Press release
Smart Building Market Forecast 2025 - ABB Group, Siemens AG, Schneider Electric, Cisco Systems, Inc., International Business Machines Corporation, Delta Controls, Johnson Controls, Honeywell International Inc., United Technologies Corporation
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.Global Smart Building Market research report is a professional and in-depth study on the current state of Market. The Global Smart Building Market research report prediction the size of the market with information on key vendor revenues, development of the industry by upstream & downstream, industry progress, key companies, along with type segment & market application. A detailed study of product picture and specifications, revenue, cost, price, gross, capacity and production, company profiles, and contact information is carried out in the analysis of Global Smart Building industry key manufacturer’s section.
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Market Drivers:
• 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.
Savvy structures utilize data innovation amid task to interface an assortment of subsystems, which regularly work freely, so these frameworks can share data to improve add up to building execution. Smart buildings look past the building gear inside their four dividers. They are associated and receptive to the keen power matrix, and they connect with building administrators and tenants to engage them with new levels of visible and significant data.
Major Competitors:
• ABB Group,
• Siemens AG,
• Schneider Electric,
• Cisco Systems Inc.,
• International Business Machines Corporation,
• Delta Controls,
• Johnson Controls,
• Honeywell International Inc.,
• United Technologies Corporation,
• Legrand,
• BuildingIQ (US),
• Ingersoll Rand Security Technologies,
• TYCO International,
• Control4,
• Hitachi,
• IBM,
• Accenture and
• General Electric among others.
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According to the United Nations Population Fund, in 2014, 54% of the world’s population lived in urban areas, which are approximately 3.3 billion people. And fundamental level, smart buildings convey helpful building administrations that make inhabitants beneficial (e.g. light, warm solace, air quality, physical security, sanitation, and some more) at the most minimal cost and ecological effect over the building lifecycle. Achieving this vision requires including insight from the earliest starting point of configuration stage all the way to the finish of the building’s helpful life.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company Landscape
12. Company Profiles
13. Related Reports
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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