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  • Writer's pictureatharva hingane

Smart Home and Smart Building Market, Global Outlook and Forecast 2024-2030

The global Smart Home and Smart Building market was valued at US$ 64820 million in 2023 and is projected to reach US$ 150620 million by 2030, at a CAGR of 12.6% during the forecast period.


The USA market for Global Smart Home and Smart Building market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Report Sample includes:


- Table of Contents


- List of Tables & Figures


- Charts


- Research Methodology





The China market for Global Smart Home and Smart Building market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Smart Home and Smart Building market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


This research report provides a comprehensive analysis of the Smart Home and Smart Building market, focusing on the current trends, market dynamics, and future prospects. The report explores the global Smart Home and Smart Building market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of Smart Home and Smart Building, challenges faced by the industry, and potential opportunities for market players.

The global Smart Home and Smart Building market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The Smart Home and Smart Building market presents opportunities for various stakeholders, including Commercial Buildings, Residential Buildings. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in Smart Home and Smart Building market. Additionally, the growing consumer demand present avenues for market expansion.

The major players inglobal smart building market include Johnson Controls, Honeywell, Schneider, UTC, etc. The top 3 players hold over 20% of global market shares. North America and Europe are main markets, they occupy over 68% of the global market. Building management system (BMS), security and access control, emergency alarm and evacuation system are three main types, with a share about 60% altogher. Commercial buildings is the key application, which hold about 70% shares.

Key Features:

The research report on the Smart Home and Smart Building market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.

Executive Summary: The report provides overview of the key findings, market trends, and major insights of the Smart Home and Smart Building market.

Market Overview: The report provides a comprehensive overview of the Smart Home and Smart Building market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Energy Management Systems, Security & Access Control), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.

Market Dynamics: The report analyses the market dynamics driving the growth and development of the Smart Home and Smart Building market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the Smart Home and Smart Building market's trajectory.

Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the Smart Home and Smart Building market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.

Market Segmentation and Forecast: The report segment the Smart Home and Smart Building market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.

Technological Trends: The report should highlight the key technological trends shaping the Smart Home and Smart Building market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.

Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the Smart Home and Smart Building market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.

Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for Smart Home and Smart Building, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.

Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the Smart Home and Smart Building market.

Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.

Market Segmentation

Smart Home and Smart Building market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type


  • Energy Management Systems

  • Security & Access Control

  • Lighting Control

  • Home Appliances Control

  • Entertainment Control

Market segment by Application


  • Commercial Buildings

  • Residential Buildings

  • Government Buildings

Global Smart Home and Smart Building Market Segment Percentages, By Region and Country, 2023 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Major players covered


  • Honeywell

  • ADT

  • Johnson Controls

  • Siemens

  • UTC

  • Schneider

  • Ingersoll Rand

  • Azbil

  • General Electric

  • Eaton

  • Legrand

  • ABB

  • Nortek

  • Crestron

  • Lutron

  • Leviton

  • Comcast

  • Acuity Brands

  • Alarm.com

  • Control4

  • Sonos

  • Savant


Outline of Major Chapters:

Chapter 1: Introduces the definition of Smart Home and Smart Building, market overview.

Chapter 2: Global Smart Home and Smart Building market size in revenue.

Chapter 3: Detailed analysis of Smart Home and Smart Building company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Smart Home and Smart Building in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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