The global Smart Home and Smart Building market size was valued at US$ 67240 million in 2023. With growing demand in downstream market, the Smart Home and Smart Building is forecast to a readjusted size of US$ 152850 million by 2030 with a CAGR of 12.4% during review period.
The research report highlights the growth potential of the global Smart Home and Smart Building market. Smart Home and Smart Building are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Smart Home and Smart Building. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Smart Home and Smart Building market.
A Smart Building is: Also referred to as an Intelligent Building. Smart buildings improve the productivity of people and processes by leveraging technology & actionable information to help you & your building make better decisions and become smart, efficient and sustainable.An integrated Smart Building with various sub-systems including: Intelligent Integrated System (IIS), Information Technology System Infrastructure (ITSI), Information Technology Applying System (ITAS), Building facilities Management System (BMS), Public Security System (PSS) and Engineering of Electronic Equipment Plant (EEEP). The integrated system integrates the isolated devices, functionalities and information of BMS, PSS, ITAS into a correlated and harmonized system via ITSI, with stability, combinability and extendibility by ensuring to the combined management and correlations of the system鈥檚 devices.
The major players inglobal smart building market include Johnson Controls, Honeywell, Schneider, UTC, etc. The top 3 players hold over 20% of global market shares. North America and Europe are main markets, they occupy over 68% of the global market. Building management system (BMS), security and access control, emergency alarm and evacuation system are three main types, with a share about 60% altogher. Commercial buildings is the key application, which hold about 70% shares.
Key Features:
The report on Smart Home and Smart Building market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Smart Home and Smart Building market. It may include historical data, market segmentation by Type (e.g., Energy Management Systems, Security & Access Control), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Smart Home and Smart Building market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Smart Home and Smart Building market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Smart Home and Smart Building industry. This include advancements in Smart Home and Smart Building technology, Smart Home and Smart Building new entrants, Smart Home and Smart Building new investment, and other innovations that are shaping the future of Smart Home and Smart Building.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Smart Home and Smart Building market. It includes factors influencing customer ' purchasing decisions, preferences for Smart Home and Smart Building product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Smart Home and Smart Building market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Smart Home and Smart Building market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Smart Home and Smart Building market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Smart Home and Smart Building industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Smart Home and Smart Building market.
Market Segmentation:
Smart Home and Smart Building market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Energy Management Systems
Security & Access Control
Lighting Control
Home Appliances Control
Entertainment Control
Segmentation by application
Commercial Buildings
Residential Buildings
Government Buildings
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell
ADT
Johnson Controls
Siemens
UTC
Schneider
Ingersoll Rand
Azbil
General Electric
Eaton
Legrand
ABB
Nortek
Crestron
Lutron
Leviton
Comcast
Acuity Brands
Alarm
Control4
Sonos
Savant
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Smart Home and Smart Building Market Size 2019-2030
2.1.2 Smart Home and Smart Building Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Smart Home and Smart Building Segment by Type
2.2.1 Energy Management Systems
2.2.2 Security & Access Control
2.2.3 Lighting Control
2.2.4 Home Appliances Control
2.2.5 Entertainment Control
2.3 Smart Home and Smart Building Market Size by Type
2.3.1 Smart Home and Smart Building Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Smart Home and Smart Building Market Size Market Share by Type (2019-2024)
2.4 Smart Home and Smart Building Segment by Application
2.4.1 Commercial Buildings
2.4.2 Residential Buildings
2.4.3 Government Buildings
2.5 Smart Home and Smart Building Market Size by Application
2.5.1 Smart Home and Smart Building Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Smart Home and Smart Building Market Size Market Share by Application (2019-2024)
3 Smart Home and Smart Building Market Size by Player
3.1 Smart Home and Smart Building Market Size Market Share by Players
3.1.1 Global Smart Home and Smart Building Revenue by Players (2019-2024)
3.1.2 Global Smart Home and Smart Building Revenue Market Share by Players (2019-2024)
3.2 Global Smart Home and Smart Building Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Home and Smart Building by Regions
4.1 Smart Home and Smart Building Market Size by Regions (2019-2024)
4.2 Americas Smart Home and Smart Building Market Size Growth (2019-2024)
4.3 APAC Smart Home and Smart Building Market Size Growth (2019-2024)
4.4 Europe Smart Home and Smart Building Market Size Growth (2019-2024)
4.5 Middle East & Africa Smart Home and Smart Building Market Size Growth (2019-2024)
5 Americas
5.1 Americas Smart Home and Smart Building Market Size by Country (2019-2024)
5.2 Americas Smart Home and Smart Building Market Size by Type (2019-2024)
5.3 Americas Smart Home and Smart Building Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Smart Home and Smart Building Market Size by Region (2019-2024)
6.2 APAC Smart Home and Smart Building Market Size by Type (2019-2024)
6.3 APAC Smart Home and Smart Building Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Home and Smart Building by Country (2019-2024)
7.2 Europe Smart Home and Smart Building Market Size by Type (2019-2024)
7.3 Europe Smart Home and Smart Building Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Smart Home and Smart Building by Region (2019-2024)
8.2 Middle East & Africa Smart Home and Smart Building Market Size by Type (2019-2024)
8.3 Middle East & Africa Smart Home and Smart Building Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Smart Home and Smart Building Market Forecast
10.1 Global Smart Home and Smart Building Forecast by Regions (2025-2030)
10.1.1 Global Smart Home and Smart Building Forecast by Regions (2025-2030)
10.1.2 Americas Smart Home and Smart Building Forecast
10.1.3 APAC Smart Home and Smart Building Forecast
10.1.4 Europe Smart Home and Smart Building Forecast
10.1.5 Middle East & Africa Smart Home and Smart Building Forecast
10.2 Americas Smart Home and Smart Building Forecast by Country (2025-2030)
10.2.1 United States Smart Home and Smart Building Market Forecast
10.2.2 Canada Smart Home and Smart Building Market Forecast
10.2.3 Mexico Smart Home and Smart Building Market Forecast
10.2.4 Brazil Smart Home and Smart Building Market Forecast
10.3 APAC Smart Home and Smart Building Forecast by Region (2025-2030)
10.3.1 China Smart Home and Smart Building Market Forecast
10.3.2 Japan Smart Home and Smart Building Market Forecast
10.3.3 Korea Smart Home and Smart Building Market Forecast
10.3.4 Southeast Asia Smart Home and Smart Building Market Forecast
10.3.5 India Smart Home and Smart Building Market Forecast
10.3.6 Australia Smart Home and Smart Building Market Forecast
10.4 Europe Smart Home and Smart Building Forecast by Country (2025-2030)
10.4.1 Germany Smart Home and Smart Building Market Forecast
10.4.2 France Smart Home and Smart Building Market Forecast
10.4.3 UK Smart Home and Smart Building Market Forecast
10.4.4 Italy Smart Home and Smart Building Market Forecast
10.4.5 Russia Smart Home and Smart Building Market Forecast
10.5 Middle East & Africa Smart Home and Smart Building Forecast by Region (2025-2030)
10.5.1 Egypt Smart Home and Smart Building Market Forecast
10.5.2 South Africa Smart Home and Smart Building Market Forecast
10.5.3 Israel Smart Home and Smart Building Market Forecast
10.5.4 Turkey Smart Home and Smart Building Market Forecast
10.5.5 GCC Countries Smart Home and Smart Building Market Forecast
10.6 Global Smart Home and Smart Building Forecast by Type (2025-2030)
10.7 Global Smart Home and Smart Building Forecast by Application (2025-2030)
11 Key Players Analysis
11.1 Honeywell
11.1.1 Honeywell Company Information
11.1.2 Honeywell Smart Home and Smart Building Product Offered
11.1.3 Honeywell Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Honeywell Main Business Overview
11.1.5 Honeywell Latest Developments
11.2 ADT
11.2.1 ADT Company Information
11.2.2 ADT Smart Home and Smart Building Product Offered
11.2.3 ADT Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 ADT Main Business Overview
11.2.5 ADT Latest Developments
11.3 Johnson Controls
11.3.1 Johnson Controls Company Information
11.3.2 Johnson Controls Smart Home and Smart Building Product Offered
11.3.3 Johnson Controls Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Johnson Controls Main Business Overview
11.3.5 Johnson Controls Latest Developments
11.4 Siemens
11.4.1 Siemens Company Information
11.4.2 Siemens Smart Home and Smart Building Product Offered
11.4.3 Siemens Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Siemens Main Business Overview
11.4.5 Siemens Latest Developments
11.5 UTC
11.5.1 UTC Company Information
11.5.2 UTC Smart Home and Smart Building Product Offered
11.5.3 UTC Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 UTC Main Business Overview
11.5.5 UTC Latest Developments
11.6 Schneider
11.6.1 Schneider Company Information
11.6.2 Schneider Smart Home and Smart Building Product Offered
11.6.3 Schneider Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Schneider Main Business Overview
11.6.5 Schneider Latest Developments
11.7 Ingersoll Rand
11.7.1 Ingersoll Rand Company Information
11.7.2 Ingersoll Rand Smart Home and Smart Building Product Offered
11.7.3 Ingersoll Rand Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Ingersoll Rand Main Business Overview
11.7.5 Ingersoll Rand Latest Developments
11.8 Azbil
11.8.1 Azbil Company Information
11.8.2 Azbil Smart Home and Smart Building Product Offered
11.8.3 Azbil Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Azbil Main Business Overview
11.8.5 Azbil Latest Developments
11.9 General Electric
11.9.1 General Electric Company Information
11.9.2 General Electric Smart Home and Smart Building Product Offered
11.9.3 General Electric Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 General Electric Main Business Overview
11.9.5 General Electric Latest Developments
11.10 Eaton
11.10.1 Eaton Company Information
11.10.2 Eaton Smart Home and Smart Building Product Offered
11.10.3 Eaton Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 Eaton Main Business Overview
11.10.5 Eaton Latest Developments
11.11 Legrand
11.11.1 Legrand Company Information
11.11.2 Legrand Smart Home and Smart Building Product Offered
11.11.3 Legrand Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 Legrand Main Business Overview
11.11.5 Legrand Latest Developments
11.12 ABB
11.12.1 ABB Company Information
11.12.2 ABB Smart Home and Smart Building Product Offered
11.12.3 ABB Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.12.4 ABB Main Business Overview
11.12.5 ABB Latest Developments
11.13 Nortek
11.13.1 Nortek Company Information
11.13.2 Nortek Smart Home and Smart Building Product Offered
11.13.3 Nortek Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.13.4 Nortek Main Business Overview
11.13.5 Nortek Latest Developments
11.14 Crestron
11.14.1 Crestron Company Information
11.14.2 Crestron Smart Home and Smart Building Product Offered
11.14.3 Crestron Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.14.4 Crestron Main Business Overview
11.14.5 Crestron Latest Developments
11.15 Lutron
11.15.1 Lutron Company Information
11.15.2 Lutron Smart Home and Smart Building Product Offered
11.15.3 Lutron Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.15.4 Lutron Main Business Overview
11.15.5 Lutron Latest Developments
11.16 Leviton
11.16.1 Leviton Company Information
11.16.2 Leviton Smart Home and Smart Building Product Offered
11.16.3 Leviton Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.16.4 Leviton Main Business Overview
11.16.5 Leviton Latest Developments
11.17 Comcast
11.17.1 Comcast Company Information
11.17.2 Comcast Smart Home and Smart Building Product Offered
11.17.3 Comcast Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.17.4 Comcast Main Business Overview
11.17.5 Comcast Latest Developments
11.18 Acuity Brands
11.18.1 Acuity Brands Company Information
11.18.2 Acuity Brands Smart Home and Smart Building Product Offered
11.18.3 Acuity Brands Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.18.4 Acuity Brands Main Business Overview
11.18.5 Acuity Brands Latest Developments
11.19 Alarm
11.19.1 Alarm Company Information
11.19.2 Alarm Smart Home and Smart Building Product Offered
11.19.3 Alarm Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.19.4 Alarm Main Business Overview
11.19.5 Alarm Latest Developments
11.20 Control4
11.20.1 Control4 Company Information
11.20.2 Control4 Smart Home and Smart Building Product Offered
11.20.3 Control4 Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.20.4 Control4 Main Business Overview
11.20.5 Control4 Latest Developments
11.21 Sonos
11.21.1 Sonos Company Information
11.21.2 Sonos Smart Home and Smart Building Product Offered
11.21.3 Sonos Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.21.4 Sonos Main Business Overview
11.21.5 Sonos Latest Developments
11.22 Savant
11.22.1 Savant Company Information
11.22.2 Savant Smart Home and Smart Building Product Offered
11.22.3 Savant Smart Home and Smart Building Revenue, Gross Margin and Market Share (2019-2024)
11.22.4 Savant Main Business Overview
11.22.5 Savant Latest Developments
12 Research Findings and Conclusion
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*If Applicable.