Smart Building Market by Building Automation Software (Intelligent Security Systems, Energy Management, Infrastructure Management), Building Type (Commercial, Residential, Government), Services (Professional and Managed) - Global Forecast to 2021

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Date: 31-Aug-2016
No. of pages: 183
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“Growing initiatives by government authorities for the development of smart building projects is the major factor expected to drive the growth of the smart building market”

The smart building market size is estimated to be USD 5.73 billion in 2016 and is projected to reach USD 24.73 billion by 2021, at a CAGR of 34.0% from 2016 to 2021, due to the increasing need for integrated security and safety systems and increasing concern for reducing carbon footprints and energy waste across the various building types.

“Intelligent security system segment is estimated to be the fastest-growing market segment”

The integrated security system segment is expected to lead the global building automation software market between 2016 and 2021, due to the increasing need for maintaining the robust security level, monitor activities, and control access across the building types.

“Europe is expected to dominate the market in 2016, whereas APAC would grow at the highest CAGR during the forecast period”

With regards to the geographic analysis, Europe is likely to benefit from its technological advancements and a large number of smart city initiatives being undertaken in the region, which are already underway.

Asia-Pacific (APAC) is expected to lead the smart building market by region between 2016 and 2021. The growth can be attributed to hyper urbanization and industrialization and the increasing number of government initiatives.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key industry personnel. The break-up profile of primary discussion participants is given below:


  • By Company Type: Tier-1 (42%), Tier-2 (33%), and Tier-3 (25%) companies

  • By Designation: C-level (75%) and Manager Level (25 %)

  • By Region: North America (43%), Europe (29%), APAC (18%), and Rest of World (RoW) (10%)


The various key smart building vendors profiled in the report are as follows:


  • ABB Group (Switzerland)

  • Siemens AG (Germany)

  • Schneider Electric SE (France)

  • Cisco Systems, Inc. (U.S.)

  • IBM Corporation (U.S.)

  • Delta Controls (U.S.)

  • Johnson Controls (U.S.)

  • Honeywell International, Inc. (U.S.)

  • United Technologies Corporation (U.S.)

  • BuildingIQ (Australia)


Objectives of the study:


  • To define, describe, and forecast the smart building market on the basis of five regions, namely, North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.

  • To provide detailed information regarding the major factors influencing the growth of the smart building market (drivers, restraints, opportunities, and challenges).

  • To strategically analyze each sub-segment with respect to individual growth trends, future prospects, and contribution to the total market.

  • To analyze the opportunities in the market for stakeholders by identifying high-growth segments of the smart building market.

  • To strategically profile the key players of the smart building market and comprehensively analyze their core competencies in the market.

  • To track and analyze competitive developments, such as new product launches, mergers and acquisitions, partnerships, agreements, and collaborations in the global market


Key Target Audience


  • System design and development vendors

  • System integrators/migration service providers

  • Consultants/consultancies/advisory firms

  • Support and maintenance service providers

  • Network service providers

  • Smart building products and solutions provider companies

  • Academic and research institutes

  • Government associations

Smart Building Market by Building Automation Software (Intelligent Security Systems, Energy Management, Infrastructure Management), Building Type (Commercial, Residential, Government), Services (Professional and Managed) - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global Smart Building Market
4.2 Smart Building Market, By Type
4.3 Global Smart Building Market
4.4 Lifecycle Analysis, By Region 2016

5 Market Overview
5.1 Introduction
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 By Building Automation Software
5.3.2 By Service
5.3.3 By Building Type
5.3.4 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Growing Initiatives By Government Authorities for the Development of Smart Building Projects
5.4.1.2 Emphasis on Energy Efficient Buildings and Reduction in CO2 Emission
5.4.1.3 Rising Need of Integrated Security and Safety Systems
5.4.1.4 Rising Adoption of IoT Platforms Within Building Automation Technology
5.4.1.5 Growing Demographics and Hyper-Urbanization
5.4.1.6 Diminution in Operating Cost
5.4.2 Restraints
5.4.2.1 High Initial Cost of Deployment
5.4.2.2 Integration of Complexities Over Legacy Systems and Network
5.4.2.3 Limited Availability of Technically Skilled Personnel
5.4.3 Opportunities
5.4.3.1 Environment Concerns and Green Building Initiatives
5.4.3.2 Evolving Cloud-Based IoT Platforms
5.4.3.3 Rising Wave of Smart Cities
5.4.4 Challenges
5.4.4.1 Lack of End User Awareness
5.4.4.2 Integration of Real-Time Streaming Analytics Capabilities Into Smart Solutions

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Strategic Benchmarking
6.4 Vendor Portfolio Analysis

7 Smart Building Market Analysis, By Building Automation Software
7.1 Introduction
7.1.1 Intelligent Security System
7.1.1.1 Video Surveillance System
7.1.1.2 Access Control System
7.1.1.3 Emergency Management System
7.1.2 Building Energy Management System
7.1.2.1 Energy Management Platform
7.1.2.2 Hvac Control System
7.1.2.3 Lightning Control System
7.1.3 Infrastructure Management
7.1.3.1 Parking Management System
7.1.3.2 Smart Water Management
7.1.3.3 Elevators and Escalators Management System
7.1.4 Network Management Systems

8 Smart Building Market Analysis, By Services
8.1 Introduction
8.2 Professional Services
8.2.1 Consulting Services
8.2.2 System Integration and Deployment Services
8.2.3 Support and Maintenance Services
8.3 Managed Services

9 Smart Building Market Analysis, By Building Type
9.1 Introduction
9.2 Manufacturing Facilities
9.3 Residential Buildings
9.4 Commercial Buildings
9.5 University, School  Campuses and Hospital Buildings
9.6 Government and Public Infrastructure Facilities
9.7 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.3 Europe
10.4 Asia-Pacific
10.5 Middle East and Africa (MEA)
10.6 Latin America

11 Competitive Landscape
11.1 Overview
11.1.1 Competitive Situation and Trends
11.1.2 New Product Launches
11.1.3 Partnerships, Agreements, and Collaborations
11.1.4 Mergers and Acquisitions
11.1.5 Expansions

12 Company Profile
12.1 Introduction
12.2 ABB Group
12.2.1 Business Overview
12.2.2 Products/Solutions and Services Offered
12.2.3 Recent Developments
12.2.4 MnM View
12.2.4.1 Key Strategies
12.2.4.2 SWOT Analysis
12.3 Siemens AG
12.3.1 Business Overview
12.3.2 Products/Solutions and Services Offered
12.3.3 Recent Developments
12.3.4 MnM View
12.3.4.1 Key Strategies
12.3.4.2 SWOT Analysis
12.4 Schneider Electric SE
12.4.1 Business Overview
12.4.2 Solutions and Services
12.4.3 Recent Developments
12.4.4 MnM View
12.4.4.1 SWOT Analysis
12.5 Cisco Systems, Inc.
12.5.1 Business Overview
12.5.2 Solutions and Services
12.5.3 Recent Developments
12.5.4 MnM View
12.5.4.1 SWOT Analysis
12.5.4.2 Key Strategies
12.6 IBM Corporation
12.6.1 Business Overview
12.6.2 Products/Solutions and Services Offered
12.6.3 Recent Developments
12.6.4 MnM View
12.6.4.1 Key Strategies
12.6.4.2 SWOT Analysis
12.7 Delta Controls
12.7.1 Business Overview
12.7.2 Products/Solutions and Services Offered
12.7.3 Recent Developments
12.8 Johnson Controls
12.8.1 Business Overview
12.8.2 Products/Solutions and Services Offered
12.8.3 Recent Developments
12.9 Honeywell International Inc.
12.9.1 Business Overview
12.9.2 Products/Solutions and Services Offered
12.9.3 Recent Developments
12.10 United Technologies Corporation
12.10.1 Business Overview
12.10.2 Products/Solutions and Services Offered
12.10.3 Recent Developments
12.11 Buildingiq, Inc.
12.11.1 Business Overview
12.11.2 Solutions and Services
12.11.3 Recent Developments
12.12 Flamencotech
12.12.1 Business Overview
12.12.2 Solutions and Services
12.12.3 Key Strategies
12.12.4 SWOT Analysis

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Marketsandmarkets Subscription Portal
13.3 Introduction RT: Real-Time Market Intelligence
13.4 Available Customizations
13.5 Related Reports

List of Tables

Table 1 Smart Building Market Size and Growth, 2014–2021 (USD Million, Y-O-Y %)
Table 2 Smart Building Market Size, By Type, 2014–2021 (USD Million)
Table 3 Smart Building Market:Strategic Benchmarking
Table 4 Smart Building Market Size, By Building Automation Software Type, 2014–2021 (USD Million)
Table 5 Smart Building Market: Building Automation Software Market Size, By Region, 2014–2021 (USD Million)
Table 6 Building Automation Software: Intelligent Security System Market Size, By Type, 2014-2021 (USD Million)
Table 7 Intelligent Security System: Viideo Surveillance System Market Size, By Region, 2014-2021 (USD Million)
Table 8 Intelligent Security System:Access Control System Market Size, By Region, 2014-2021 (USD Millions)
Table 9 Intelligent Security System:Emergency Management System Market Size, By Region, 2014-2021 (USD Millions)
Table 10 Building Automation Software : Building Energy Management System Market Size, By Type, 2014–2021 (USD Million)
Table 11 Building Energy Management System:Energy Management Platform Market Size, By Region, 2014-2021 (USD Million)
Table 12 Building Energy Management System:Hvac Control System Market Size, By Region, 2014-2021 (USD Million)
Table 13 Bulding Energy Management System:Lightning Control System Market Size, By Region, 2014-2021 (USD Million)
Table 14 Building Automation Software:Infrastructure Management Market Size, By Type, 2014-2021 (USD Million)
Table 15 Building Automation Software:Parking Management System Market Size, By Region, 2014-2021 (USD Million)
Table 16 Building Automation Software:Smart Water Managemet Market Size, By Region, 2014-2021 (USD Million)
Table 17 Building Automation Software:Elevators and Escalators Management System Market Size, By Region, 2014-2021 (USD Million)
Table 18 Building Automation Software:Network Management Systems Market Size, By Region, 2014-2021 (USD Million)
Table 19 Managed Services is Expected to Grow at the Highest CAGR During the Forecast Period
Table 20 Smart Building Market Size, By Service, 2014–2021 (USD Million)
Table 21 Services: Smart Building Market Size, By Region, 2014–2021 (USD Million)
Table 22 Smart Building Market:Professional Services Market Size, By Type, 2014-2021 (USD Million)
Table 23 Smart Building Market: Professional Services Market Size, By Region, 2014–2021 (USD Million)
Table 24 Professional Services:Consulting Services Market Size, By Region, 2014-2021 (USD Million)
Table 25 Professional Services:System Integration and Deployment Services Market Size, By Region, 2014-2021 (USD Million)
Table 26 Professional Services:Support and Maintenace Services Market Size, By Region, 2014-2021 (USD Million)
Table 27 Smart Building Market: Managed Services Market Size, By Region, 2014–2021 (USD Million)
Table 28 Smart Building Market Size, By Building Type, 2014–2021 (USD Million)
Table 29 Smart Building Market:Manufacturing Facilities Market Size, By Region, 2014–2021 (USD Million)
Table 30 Smart Building Market:Residential Buildings Market Size, By Region, 2014–2021 (USD Million)
Table 31 Smart Building Market:Commercial Buildings Market Size, By Region, 2014–2021 (USD Million)
Table 32 Smart Building Market: University, School Campuses and Hospital Buildings Market Size, By Region, 2014-2021 (USD Million)
Table 33 Smart Building Market: Government and Public Infrastructure Facilities Market Size, By Region, 2014-2021 (USD Million)
Table 34 Smart Building Market:Others Market Size, By Region, 2014-2021 (Million)
Table 35 Smart Building Market Size, By Region, 2014–2021 (USD Million)
Table 36 North America:Smart Building Market Size, By Type, 2014–2021 (USD Million)
Table 37 North America: Smart Building Market Size, By Building Automation Software Type, 2014–2021 (USD Million)
Table 38 North America:Smart Building Market Size, By Intelligent Security System, 2014-2021 (USD Million)
Table 39 North America:Smart Building Market Size, By Building Energy Management System, 2014-2021 (USD Million)
Table 40 North America:Smart Building Market Size, By Infrastructure Management, 2014-2021 (USD Million)
Table 41 North America: Smart Building Market Size, By Service, 2014–2021 (USD Million)
Table 42 North America:Smart Building Market Size, By Professional Service, 2014-2021 (USD Million)
Table 43 North America: Smart Building Market Size, By Building Type, 2014–2021 (USD Million)
Table 44 Europe: Smart Building Market Size, By Type, 2014–2021 (USD Million)
Table 45 Europe: Smart Building Market Size, By Building Automation Software, 2014–2021 (USD Million)
Table 46 Europe:Smart Building Market Size, By Intelligent Security System, 2014-2021 (USD Million)
Table 47 Europe:Smart Building Market Size, By Building Energy Management System, 2014-2021 (USD Million)
Table 48 Europe:Smart Building Market Size, By Infrastructure Management, 2014-2021 (USD Million)
Table 49 Europe: Smart Building Market Size, By Service Type, 2014–2021 (USD Million)
Table 50 Europe:Smart Building Market Size, By Professional Service, 2014-2021 (USD Million)
Table 51 Europe: Smart Building Market Size, By Building Type, 2014–2021 (USD Million)
Table 52 Asia-Pacific: Smart Building Market Size, By Type, 2014–2021 (USD Million)
Table 53 Asia-Pacific: Smart Building Market Size, By Building Automation Software, 2014–2021 (USD Million)
Table 54 Asia-Pacific:Smart Building Market Size, By Intelligent Security System, 2014-2021 (USD Million)
Table 55 Asia-Pacific:Smart Building Market Size, By Building Energy Management System, 2014-2021 (USD Million)
Table 56 Asia-Pacific:Smart Building Market Size, By Infrastructure Management, 2014-2021 (USD Million)
Table 57 Asia-Pacific: Smart Building Market Size, By Service, 2014–2021 (USD Million)
Table 58 Asia-Pacific:Smart Building Market Size, By Professional Service, 2014-2021 (USD Million)
Table 59 Asia-Pacific: Smart Building Market Size, By Building Type, 2014–2021 (USD Million)
Table 60 Middle East and Africa: Smart Building Market Size, By Type, 2014–2021 (USD Million)
Table 61 Middle East and Africa: Smart Building Market Size, By Building Automation Software, 2014–2021 (USD Million)
Table 62 Middle East and Africa: Smart Building Market Size, By Intelligent Security System, 2014–2021 (USD Million)
Table 63 Middle East and Africa: Smart Building Market Size, By Building Energy Management System, 2014–2021 (USD Million)
Table 64 Middle East and Africa: Smart Building Market Size, By Infrastructure Management, 2014–2021 (USD Million)
Table 65 Middle East and Africa: Smart Building Market Size, By Service, 2014–2021 (USD Million)
Table 66 Middle East and Africa:Smart Building Market Size, By Professional Service, 2014-2021 (USD Million)
Table 67 Middle East and Africa: Smart Building Market Size, By Building Type, 2014–2021 (USD Million)
Table 68 Latin America: Smart Building Market Size, By Type, 2014–2021 (USD Million)
Table 69 Latin America: Smart Building Market Size, By Building Automation Software, 2014–2021 (USD Million)
Table 70 Latin America: Smart Building Market Size, By Intelligent Security System, 2014–2021 (USD Million)
Table 71 Latin America: Smart Building Market Size, By Building Energy Management System, 2014–2021 (USD Million)
Table 72 Latin America: Smart Building Market Size, By Infrastructure Management, 2014–2021 (USD Million)
Table 73 Latin America: Application Security Market Size, By Service, 2014–2021 (USD Million)
Table 74 Latin America:Smart Building Market Size, By Professional Service, 2014-2021 (USD Million)
Table 75 Latin America: Smart Building Market Size, By Building Type, 2014–2021 (USD Million)
Table 76 New Product Launches, 2012–2016
Table 77 Partnerships, Agreements, and Collaborations, 2013–2016
Table 78 Mergers and Acquisitions, 2012–2016
Table 79 Expansions, 2012–2016

List of Figures

Figure 1 Global Smart Building Market: Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Global Smart Building Market Size and Groth Rate, 2014-2021 (USD Billion, Y-O-Y %)
Figure 7 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Intelligent Security System is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 9 Managed Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Residential Buildings to Grow at the Highest CAGR From 2016 to 2021
Figure 11 Fastest Growing Segments of Smart Building Market
Figure 12 Europe is Estimated to Hold the Largest Market Share in 2016
Figure 13 Rise in Adoption of IoT Platforms is Expected to Boost the Smart Building Market
Figure 14 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 15 Residential and Commercial Buildings are Expected to Hold the Largest Share of the Smart Building Market in 2016
Figure 16 Asia-Pacific has Immense Opportunities for the Growth of the Smart Building Market Followed By MEA
Figure 17 Evolution of the Application Security Market
Figure 18 Smart Building Market, By Building Automation Software
Figure 19 Smart Building Market, By Service
Figure 20 Smart Building Market, By Building Type
Figure 21 Smart Building Market, By Region
Figure 22 Smart Building Market: Drivers, Restraints, Opportunities, and Challenges
Figure 23 Smart Building Market: Value Chain
Figure 24 Strategic Benchmarking: Technology Integration and Product Enhancement
Figure 25 Vendor Portfolio Analysis
Figure 26 Residential Buildings is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 27 Europe to Hold the Largest Market Share in the Global Smart Building Market During the Forecast Period
Figure 28 Regional Snapshot: Asia-Pacific is the Emerging Region in the Application Security Market
Figure 29 North America Market Snapshot: Presence of Key Smart Building Vendors is A Major Factor Contributing Towards the Growth of the Market
Figure 30 Europe Market Snapshot: Presence of Key Smart Building Vendors is A Major Factor Contributing Towards the Growth of the Market
Figure 31 Asia-Pacific Market Snapshot: Increase in Demand for Building Energy Management is A Major Factor Contributing Towards the Growth of the Smart Building Market
Figure 32 Companies Adopted New Product Launches, Partnerships, and Acquisitions as Key Growth Strategies During 2013–2016
Figure 33 Market Evalution Framework
Figure 34 Battle for Market Share: Partnerships/Agreements/Collaborations is the Key Strategy
Figure 35 Geographic Revenue Mix of Top Market Players
Figure 36 ABB Group: Company Snapshot
Figure 37 ABB Group: SWOT Analysis
Figure 38 Siemens AG: Company Snapshot
Figure 39 Siemens AG: SWOT Analysis
Figure 40 Schneider Electric SE: Company Snapshot
Figure 41 Schneider Electric SE: SWOT Analysis
Figure 42 Cisco Systems, Inc.: Company Snapshot
Figure 43 Cisco Systems, Inc.: SWOT Analysis
Figure 44 IBM Corporation : Company Snapshot
Figure 45 IBM Corporation: SWOT Analysis
Figure 46 Delta Controls: Company Snapshot
Figure 47 Jhonson Controls: Company Snapshot
Figure 48 Honeywell International Inc.: Company Snapshot
Figure 49 United Technologies Corporation : Company Snapshot
Figure 50 Buildingiq, Inc.: Company Snapshot
Figure 51 Flamencotech: Company Snapshot

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