Rising IOT Adoption Drives Smart Non-Residential Building Market Growth: Pivotal Factor Influencing Smart Buildings (Nonresidential Buildings) Market Growth in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

Smart Buildings (Nonresidential Buildings) Market Size Growth Forecast: What to Expect by 2025?
The market for smart buildings (nonresidential buildings) has experienced significant growth in the past few years. The market valuation is projected to increase from $69.94 billion in 2024 to $78.15 billion in 2025, with a compound annual growth rate (CAGR) of 11.7%. This spectacular growth during the historical period can be linked to robust economic advancements in emerging markets, a low-interest-rate climate, higher internet accessibility, supportive government measures, and advancements in technology.

How Will the Smart Buildings (Nonresidential Buildings) Market Size Evolve and Grow by 2029?
The market size for smart buildings (nonresidential buildings) is projected to experience fast-paced growth in the coming years, reaching $127.62 billion by 2029 with a compound annual growth rate (CAGR) of 13.0%. The acceleration of the smart building market can be ascribed to heightened urbanization along with the advancement of IoT supported smart cities and growing demand. Prominent trends during the forecast years include the integration of artificial intelligence and robotics in construction, the application of predictive analytics techniques for risk mitigation and cost reduction, leveraging IoT technologies to enhance operational efficiency, and investment in security measures to protect consumers. Additional trends include the adoption of smart switches and displays for improved user interaction, the use of green construction and energy-saving methods for eco-friendly smart nonresidential buildings, the installment of living or green roofs to increase the efficiency of green buildings, and the implementation of low-emission windows or smart glasses for an optimized performance of green commercial spaces.

View the full report here:
https://www.thebusinessresearchcompany.com/report/smart-buildings-nonresidential-buildings-global-market-report

What Drivers Are Propelling the Growth of Smart Buildings (Nonresidential Buildings) Market Forward?
The surge in the smart building (non-residential) market is attributed to the growing requirement to automate operations using Internet of Things (IoT) equipment. IoT consists of transmitting and collecting data via a network of sensors, machines, meters, and other devices found in a smart building. To enhance the efficiency of the appliances in a smart building, making it more effective, greener, and safer, IoT-enabled sensors and devices are employed. For instance, certain IoT-integrated sensors can autonomously switch lights off and on and detect presence in a room, thereby adding a unique attribute to the smart building. Consequently, the growing adoption of IoT technology propels the expansion of the smart building market. For example, the number of connected devices in the commercial smart building sector is projected to grow from 1.7 billion in 2020 to roughly 3 billion by 2025, suggesting a 10.8% CAGR. Therefore, the increased utilization of IoT devices in smart buildings drives the development of the smart building (non-residential) market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5482&type=smp

Which Emerging Trends Are Transforming the Smart Buildings (Nonresidential Buildings) Market in 2025?
Incorporating 5G technology in the smart building (non-residential) market is the newest trend. The upcoming cellular technology called 5G is significantly lessening the time communication between devices on a wireless network takes. Its integration into smart buildings will notably augment the use of wireless edge devices and enhance rich multimedia experiences. It will additionally boost security check applications in commercial buildings. In the context of smart hospital buildings, 5G usage is predicted to enhance wayfinding which will facilitate the movement of immobile patients via smart wheelchairs and beds. It is projected that between 2022-2025, mobile operators will invest over $600 billion in 5G networks. Factories are engaged in manufacturing advanced antenna system radios to hasten 5G deployments. The employment of 5G technology is anticipated to boost connectivity in smart buildings, thereby establishing a trend that's attracting substantial capital investment from key players in the smart building (non-residential) market.

What Are the Key Segments in the Smart Buildings (Nonresidential Buildings) Market?
The smart buildings (nonresidential buildings) market covered in this report is segmented -

1) By Automation Type: Intelligent Security System, Building Energy Management System, Infrastructure Management System, Network Management System
2) By Product Type: Institutional Buildings, Commercial Buildings
3) By Type: New Constructions, Remodeling Projects
4) By Application: Government, Airports, Hospitals, Institutes Manufacturing & Industrial facilities, Other Applications

Subsegments:
1) By Intelligent Security System: Access Control Systems, Video Surveillance Systems, Intrusion Detection Systems
2) By Building Energy Management System (BEMS): HVAC Control Systems, Lighting Control Systems, Energy Monitoring and Optimization Tools
3) By Infrastructure Management System: Facility Management Software, Asset Tracking and Management Tools, Maintenance Management Systems
4) By Network Management System: Network Monitoring and Performance Management, Data Center Management Tools, Cloud-Based Management Solutions

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5482&type=smp

Who Are the Key Players Shaping the Smart Buildings (Nonresidential Buildings) Market's Competitive Landscape?
Major companies operating in the smart buildings (nonresidential buildings) market include China State Construction Engineering Co., Ltd., VINCI, Bechtel Corporation, Skanska AB, Turner Construction Company, Jacobs Engineering Group Inc., The Whiting-Turner Contracting Company, PCL Construction, AECOM, BESIX Group, Shanghai Construction Group (SCG), SGS Group, Larsen & Toubro, GMR Group, Hindustan Construction Company, GVK Group, Kajima Corporation, Shimizu Corporation, Shanghai Intelligent Building Technology (SIBT), Obayashi Corporation, Taisei Corporation, Balfour Beatty, Bouygues, Royal BAM Group, Laing O`Rourke, ACS Group, EllisDon Corporation, Aecon Group Incorporated, Ledcor Group of Companies, Gilbane Building Company, Empresas ICA SAB de CV, Carso Infraestructura y Construcción S.A.B., Clark Group, Swinerton, Hensel Phelps, Lendlease, Arabian Construction Company, WBHO Construction (Pty) Ltd., Stefanutti Stocks (Pty) Ltd, WK construction, Redcon Construction Company, Estim Construction Co. Ltd, Eco-Beam, Ecomo, TSAI design studio

What Geographic Markets Are Powering Growth in the Smart Buildings (Nonresidential Buildings) Market?
Asia-Pacific was the largest region in the smart buildings (non-residential buildings) market in 2024. South America is expected to be the fastest-growing region in the global smart buildings (nonresidential buildings) market during the forecast period. The regions covered in the smart buildings (nonresidential buildings) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5482

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.