Global Smart Building Market Size & Outlook, 2026-2033
Global smart building market, 2021-2033 (US$M)
Related Markets
Global smart building market highlights
- The global smart building market generated a revenue of USD 141,792.6 million in 2025 and is expected to reach USD 554,024.7 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 18.9% by 2033.
- In terms of segment, solution accounted for a revenue of USD 127,285.7 million in 2025.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2025.
- Country-wise, South Korea is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 141,792.6 million |
| Market revenue in 2033 | USD 554,024.7 million |
| Growth rate | 18.9% (CAGR from 2026 to 2033) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 35.7% of the global smart building market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 14,867.4 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Smart Building Market Scope
Smart Building Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| KMC Controls | View profile | 101-250 | New Paris, Indiana, United States, North America | http://kmccontrols.com |
| Telit | View profile | 1001-5000 | Sgonico, Friuli-Venezia Giulia, Italy, Europe | http://www.telit.com |
| Legrand SA | View profile | 33910 | 128, Avenue de Lattre de Tassigny, Cedex, Limoges, France, 87045 | https://www.legrand.com |
| Bosch | View profile | 10001+ | Stuttgart, Baden-Wurttemberg, Germany, Europe | http://www.bosch.com |
| Sierra Wireless | View profile | 1001-5000 | Richmond, British Columbia, Canada, North America | http://www.sierrawireless.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
| Johnson Controls International PLC | View profile | 102000 | One Albert Quay, Cork, Ireland, T12 X8N6 | https://www.johnsoncontrols.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Global smart building market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart building market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 89.77% in 2025. Horizon Databook has segmented the Global smart building market based on solution, service covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Smart Building Component Outlook (Revenue, USD Million, 2021-2033)
- Solution
- Safety & Security Management
- Access Control System
- Video Surveillance System
- Fire and Life Safety System
- Energy Management
- HVAC Control System
- Lighting Management System
- Others
- Building Infrastructure Management
- Parking Management System
- Water Management System
- Others
- Integrated Workplace Management System (IWMS)
- Real Estate Management
- Capital Project Management
- Facility Management
- Operations and Services Management
- Environment and Energy Management
- Network Management
- Wired Technology
- Wireless Technology
- Safety & Security Management
- Service
- Consulting
- Implementation
- Support and Maintenance
- Solution
- Global Smart Building End Use Outlook (Revenue, USD Million, 2021-2033)
- Residential
- Commercial
- Healthcare
- Retail
- Academic
- Others
- Industrial
Reasons to subscribe to Global smart building market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global smart building market databook
-
Our clientele includes a mix of smart building market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global smart building market , including forecasts for subscribers. This global databook contains high-level insights into Global smart building market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global smart building market size, by regions, 2021-2033 (US$M)
Top 10 countries: Smart building market size, 2024 (US$M)
Global smart building market share, by component, 2024 & 2030 (%, US$M)
Smart building market: Opportunity assessment by country
Global smart building market, by region, 2025 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
