DUBLIN--(BUSINESS WIRE)--The "Smart Building Market by Type (Building Automation Software, Services), Building Type (Intelligent Security System, Building Energy Management System, Infrastructure Management, and Network Management System), and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.
The smart building market is projected to grow from an estimated USD 7.42 billion in 2017 to USD 31.74 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 33.7% during the period forecast period from 2017 to 2022
The smart building market has been segmented based on by type, building type, and region. Based on type, the smart building market has been segmented into building automation software and services.
Factors such as the growing need for integrated security and safety systems in buildings and the implementation of the IoT platform in building automation technology are expected to drive the growth of the market. High initial investments are expected to be restraints in the growth of the smart building market.
The smart building market has been studied for North America, Europe, Asia Pacific (APAC), and Middle East & Africa (MEA), and Latin America. Countries such as China, India, Australia, and Singapore have launched the initial phases of smart building projects. Also, the growing use of cloud based as well as IoT technologies and increasing strategic alliances among technology vendors are encouraging governments towards undertaking initiatives for the development of smart and green buildings.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview and Industry Trends
6 Smart Building Market Analysis, By Type
7 Smart Building Market Analysis, By Building Type
8 Geographic Analysis
9 Competitive Landscape
10 Company Profiles
- ABB Group (Switzerland)
- BuildingIQ (US)
- Cisco Systems, Inc. (US)
- Delta Controls (Canada)
- Honeywell International Inc. (US)
- International Business Machines Corporation (US)
- Johnson Controls (US)
- Legrand (France)
- Schneider Electric (France)
- Siemens AG (Germany)
- United Technologies Corporation (US)
For more information about this report visit https://www.researchandmarkets.com/research/6mtcb8/smart_building