Smart Building Market: COVID 19 Impact and Recovery - Global Analysis, Size, Share, Trends, Business Strategies, Challenges, Growth Forecast 2021 to 2030

The Global Smart Building Market 2021 – 2030 report we offer provides details and information regarding market revenue size or value, historical and forecast growth of the target market/industry, along with revenue share, latest developments, and ongoing trends, investment strategies, business developments, and investments, etc. The report also comprises subjective comprehensive research and is based on direct study and analysis of the quantitative and deep-dive data and information, which is further validated with an expert panel and /or through industry experts, players in the target market. Furthermore, the Global Smart Building Market report covers various drivers, restraints, opportunities, and external threats till 2030. We also provide estimates on trading volume, information related to technological advancements, as well as updates on macroeconomic and governance factors.

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Key Market Players included in the report:

Johnson Controls
ABB
General Electric
CISCO
Hewlett-Packard
Accenture
Ingersoll Rand Security Technologies
Delta Controls
Emerson Electric
Honeywell

Various prominent players operating in the Global Smart Building Market are focusing on the expansion of their business operations in emerging regions. In addition, companies in the Global Smart Building Market are planning on strategies for product innovation and expansion of product portfolio by investments and mergers and acquisitions. An in-depth study on supply chain analysis presented in the report will give a better understanding of the Global Smart Building Market.

However, in light of the recent COVID-19 outbreak, the operations of numerous industries have either been temporarily halted or are functioning with a minimal workforce due to enforced lockdowns and imposed restrictions by respective governing bodies. The global Smart Building market is no different, and this factor is anticipated to have a significantly negative impact on the revenue growth of this industry. Additionally, the high costs associated with the installation and maintenance of these machines is also a factor that may hamper the revenue growth of the global Smart Building market over the course of this forecast period.

Segmentation on the basis of building automation software are:
Intelligent security system
Video surveillance system
Access control system
Emergency management system
Building energy management system
Energy Management Platform
HVAC control system
Lighting control system
Infrastructure management
Parking management system
Smart water management
Elevators and escalators management system
Network and communication management systems

Segmentation on the basis of service are:
Professional services
Consulting services
System integration and deployment
Support and maintenance
Managed services

Segmentation on the basis of building type are:
Manufacturing facilities
Residential buildings
Commercial buildings
University, school campuses, and hospital buildings
Government and public infrastructure facilities

Global Smart Building Market – by Region and Country

North America

US
Canada

Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia Pacific

China
India
Japan
Australia
Rest of Asia Pacific

Latin America

Brazil
Mexico
Rest of Latin America

Middle East & Africa

GCC
Israel
South Africa
Rest of Middle East & Africa

For the Smart Building research study, the following years have been considered to estimate the market size:

Actual Year: 2020

Estimated Year: 2021

Forecast Period: 2021–2030

Revenue in: US$