The global Smart Home and Smart Building market size is predicted to grow from US$ 84780 million in 2025 to US$ 171400 million in 2031; it is expected to grow at a CAGR of 12.4% from 2025 to 2031.
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’s 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.
The “Smart Home and Smart Building Industry Forecast” looks at past sales and reviews total world Smart Home and Smart Building sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Home and Smart Building sales for 2025 through 2031. With Smart Home and Smart Building sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Home and Smart Building industry.
This Insight Report provides a comprehensive analysis of the global Smart Home and Smart Building landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Smart Home and Smart Building portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Home and Smart Building market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Home and Smart Building and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Home and Smart Building.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Home and Smart Building market by product type, application, key players and key regions and countries.
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 (2020-2031)
2.1.2 Smart Home and Smart Building Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Smart Home and Smart Building by Country/Region (2020, 2024 & 2031)
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 (2020 VS 2024 VS 2031)
2.3.2 Global Smart Home and Smart Building Market Size Market Share by Type (2020-2025)
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 (2020 VS 2024 VS 2031)
2.5.2 Global Smart Home and Smart Building Market Size Market Share by Application (2020-2025)
3 Smart Home and Smart Building Market Size by Player
3.1 Smart Home and Smart Building Market Size Market Share by Player
3.1.1 Global Smart Home and Smart Building Revenue by Player (2020-2025)
3.1.2 Global Smart Home and Smart Building Revenue Market Share by Player (2020-2025)
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) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Smart Home and Smart Building by Region
4.1 Smart Home and Smart Building Market Size by Region (2020-2025)
4.2 Global Smart Home and Smart Building Annual Revenue by Country/Region (2020-2025)
4.3 Americas Smart Home and Smart Building Market Size Growth (2020-2025)
4.4 APAC Smart Home and Smart Building Market Size Growth (2020-2025)
4.5 Europe Smart Home and Smart Building Market Size Growth (2020-2025)
4.6 Middle East & Africa Smart Home and Smart Building Market Size Growth (2020-2025)
5 Americas
5.1 Americas Smart Home and Smart Building Market Size by Country (2020-2025)
5.2 Americas Smart Home and Smart Building Market Size by Type (2020-2025)
5.3 Americas Smart Home and Smart Building Market Size by Application (2020-2025)
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 (2020-2025)
6.2 APAC Smart Home and Smart Building Market Size by Type (2020-2025)
6.3 APAC Smart Home and Smart Building Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Smart Home and Smart Building Market Size by Country (2020-2025)
7.2 Europe Smart Home and Smart Building Market Size by Type (2020-2025)
7.3 Europe Smart Home and Smart Building Market Size by Application (2020-2025)
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 (2020-2025)
8.2 Middle East & Africa Smart Home and Smart Building Market Size by Type (2020-2025)
8.3 Middle East & Africa Smart Home and Smart Building Market Size by Application (2020-2025)
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 Region (2026-2031)
10.1.1 Global Smart Home and Smart Building Forecast by Region (2026-2031)
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 (2026-2031)
10.2.1 United States Market Smart Home and Smart Building Forecast
10.2.2 Canada Market Smart Home and Smart Building Forecast
10.2.3 Mexico Market Smart Home and Smart Building Forecast
10.2.4 Brazil Market Smart Home and Smart Building Forecast
10.3 APAC Smart Home and Smart Building Forecast by Region (2026-2031)
10.3.1 China Smart Home and Smart Building Market Forecast
10.3.2 Japan Market Smart Home and Smart Building Forecast
10.3.3 Korea Market Smart Home and Smart Building Forecast
10.3.4 Southeast Asia Market Smart Home and Smart Building Forecast
10.3.5 India Market Smart Home and Smart Building Forecast
10.3.6 Australia Market Smart Home and Smart Building Forecast
10.4 Europe Smart Home and Smart Building Forecast by Country (2026-2031)
10.4.1 Germany Market Smart Home and Smart Building Forecast
10.4.2 France Market Smart Home and Smart Building Forecast
10.4.3 UK Market Smart Home and Smart Building Forecast
10.4.4 Italy Market Smart Home and Smart Building Forecast
10.4.5 Russia Market Smart Home and Smart Building Forecast
10.5 Middle East & Africa Smart Home and Smart Building Forecast by Region (2026-2031)
10.5.1 Egypt Market Smart Home and Smart Building Forecast
10.5.2 South Africa Market Smart Home and Smart Building Forecast
10.5.3 Israel Market Smart Home and Smart Building Forecast
10.5.4 Turkey Market Smart Home and Smart Building Forecast
10.6 Global Smart Home and Smart Building Forecast by Type (2026-2031)
10.7 Global Smart Home and Smart Building Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Smart Home and Smart Building Forecast
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
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 (2020-2025)
11.22.4 Savant Main Business Overview
11.22.5 Savant Latest Developments
12 Research Findings and Conclusion
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*If Applicable.