Smart Buildings Market overview by recent opportunities, growth size, regional analysis and forecasts to 2031

The Global Smart Buildings Market Report by Global Insight Services is the single and trusted source of information for the Smart Buildings Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity in the market.

Smart buildings are those that use technology and data to improve their efficiency and performance. This can include everything from using sensors to monitor energy use to using artificial intelligence to optimize building operations. By using data and technology, smart buildings can save energy, reduce costs, and improve the comfort and safety of occupants.

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Key Trends

The key trends in Smart Buildings technology are:

  • The use of sensors and data analytics to improve building performance
  • The use of artificial intelligence (AI) to automate building operations
  • The integration of smart building systems with the Internet of Things (IoT)
  • The use of blockchain technology to secure data and transactions

Key Drivers

One of the most important drivers is the need to reduce energy consumption and costs. In many buildings, energy consumption can be reduced by up to 30% through the use of smart building technologies. This is a significant cost savings for building owners and managers, and is a key driver of the smart buildings market.

Another key driver of the smart buildings market is the need to improve occupant comfort and productivity. By using technologies such as automatic lighting controls and temperature management systems, buildings can provide a more comfortable and productive environment for occupants. This can lead to increased employee productivity and satisfaction, which is a key driver for the smart buildings market.

Finally, another key driver of the smart buildings market is the need to improve building safety and security. Smart building technologies can be used to monitor building systems and identify potential security risks. This can help to improve the safety of buildings and their occupants, and is a key driver of the smart buildings market.

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Market Segments

By System

  • Parking Management System
  • Physical Security System
  • BEMS
  • Others

By Technology

  • Wireless Technology
  • Bus Technology
  • Others

By Application

  • Residential
  • Commercial
  • Industrial

Key Players

  • General Electric
  • ASEA Brown Boveri Group
  • Phoenix Energy Technologies
  • EFT Energy
  • GridPoint, Inc.
  • eSight Energy, Inc.
  • IBM Corporation
  • Cisco Systems Inc.
  • Honeywell International Inc.
  • Johnson Controls, Inc.

Global Insight Services can help you:

  • A 10-year forecast to help you make strategic decisions
  • Deep segmentation that can be customized according to your requirements
  • Free consultation with the chief analyst of the report
  • Excel data pack included with every report purchase
  • Robust and transparent research methodology

About the Global Insights service:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, USA. We are committed to providing the highest quality data, analytics and tools to meet all of our clients’ market research needs. With GIS, you can be assured of the quality of your results, robust and transparent research methodology, and excellent service.

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