• About Us
  • Contact Us
Thursday, April 16, 2026
Kuwait 247 News Club
No Result
View All Result
SUBMIT NEWS
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • AFRICA
  • MIDDLE EAST
  • PRESS RELEASES
No Result
View All Result
Kuwait 247 News Club
Submit News
Home PRESS RELEASES

Smart Buildings Market Share, Application Analysis, Regional Outlook, Competitive Strategies & Forecast up to 2030

NEWSROOM by NEWSROOM
October 19, 2023
in PRESS RELEASES
Share on FacebookShare on Twitter


(EMAILWIRE.COM, October 19, 2023 ) The global Smart Buildings market size is expected to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major drivers for the Smart building include the rising adoption of IoT-enabled building management system, rising awareness of space utilization, increased industry standards and regulations, and increase demand for energy-efficient system.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1169

The safety and security management solution in the solution type segment is expected to lead the Smart buildings market in 2021.

Security is an integral part of smart buildings. Smart buildings enable occupant safety and security with the help of security solutions integrated with the smart building system. These buildings help in emergency preparedness and management, wherein benefits from new technologies and their integration via advanced wireless networks supporting deployed sensors and IoT are easily achieved. Access control and video surveillance system help track every activity across a facility. This helps to detect intruders and keep the environment safe. The rising deployment of advanced access control systems, video surveillance systems, and fire and life safety systems to safeguard the occupant and assets is contributing to the high market share if this segment.

Industrial building segment is expected to grow with the fastest growth rate during the forecast period.

Industrial buildings are often large and have many moving parts. Smart industrial building solutions automate building temperature control, security, and maintenance for more efficient property management through various mobile computing devices, such as mobile devices and computers. The segment is expected to adopt smart building solutions to achieve energy and cost savings, higher productivity, enhanced identity and access management, and optimized surveillance. Manufacturing and industrial buildings have their own set of requirements for different manufacturing processes and storage purposes.

Request a Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=1169

The safety and security management solution in the solution type segment is expected to lead the Smart buildings market in 2021.

Security is an integral part of smart buildings. Smart buildings enable occupant safety and security with the help of security solutions integrated with the smart building system. These buildings help in emergency preparedness and management, wherein benefits from new technologies and their integration via advanced wireless networks supporting deployed sensors and IoT are easily achieved. Access control and video surveillance system help track every activity across a facility. This helps to detect intruders and keep the environment safe. The rising deployment of advanced access control systems, video surveillance systems, and fire and life safety systems to safeguard the occupant and assets is contributing to the high market share if this segment.

Industrial building segment is expected to grow with the fastest growth rate during the forecast period.

Industrial buildings are often large and have many moving parts. Smart industrial building solutions automate building temperature control, security, and maintenance for more efficient property management through various mobile computing devices, such as mobile devices and computers. The segment is expected to adopt smart building solutions to achieve energy and cost savings, higher productivity, enhanced identity and access management, and optimized surveillance. Manufacturing and industrial buildings have their own set of requirements for different manufacturing processes and storage purposes.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com



Source link

Previous Post

Unlocking Growth Potential: Aramid Fiber Market Insights | Expert Review & Forecast

Next Post

Live Cell Imaging Market worth $4.3 billion by 2028 , at a CAGR of 10.2%

Related News

$42.8 Billion by 2032: 5 Unified Commerce Shifts Accelerating the Retail Point of Sale Market

$168.5 Billion by 2032 — Unified Commerce Drives the Next-Generation POS Revolution

by NEWSROOM
April 15, 2026

Retail Point of Sale | Unified Commerce | mPOS Systems | Regional Breakdown | April 2026 | Source: WGR Retail Point...

$1.8 Billion by 2032: 5 Beauty-Tech Trends Powering the Home Facial Steamer Market

$22.4 Billion by 2032 — Why the 32-Inch Format Dominates Smart Homes & Industrial HMIs

by NEWSROOM
April 15, 2026

32-Inch Display | Smart Home Panels | Industrial HMI | Regional Breakdown | April 2026 | Source: WGR 32-Inch Display Market...

$12.4 Billion by 2032: 5 Learning Revolutions Fuelling the Global Edutainment Market

$128.6 Billion by 2032 — Standalone Headsets Lead the VR Gaming Explosion

by NEWSROOM
April 15, 2026

VR Gaming | Immersive Entertainment | Standalone Headsets | Regional Breakdown | April 2026 | Source: WGR Virtual Reality in Gaming...

AI-Powered Digital Freight Brokerage Market Set to Reach $47.2B by 2032

AI-Powered Digital Freight Brokerage Market Set to Reach $47.2B by 2032

by NEWSROOM
April 15, 2026

Digital Freight Brokerage | AI Logistics | Supply Chain Tech | Regional Breakdown | April 2026 | Source: WGR Digital Freight...

Next Post
Market Expansion: Biomedical Textiles Research and Trends | Expert Review with Forecast

Market Expansion: Biomedical Textiles Research and Trends | Expert Review with Forecast

Staple Gun Market expected to reach USD 1.80 Billion by 2029 at a CAGR of 3.13 percent

Staple Gun Market expected to reach USD 1.80 Billion by 2029 at a CAGR of 3.13 percent

Trending News

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

OmanNews.Club™ Adds to Arab Newswire Media Lists for Press Release Distribution to GCC/MENA Countries

August 14, 2022
ZainTech partners with LigaData to deliver data-driven digital services in MENA

ZainTech partners with LigaData to deliver data-driven digital services in MENA

June 16, 2022
أوتيكو روسيا تدقق في نتائج تكامل نظام فرز النفايات المنفصل

أوتيكو روسيا تدقق في نتائج تكامل نظام فرز النفايات المنفصل

January 7, 2023

About

Kuwait247.Club™ gathers and publishes business, cultural, socio-economic, Tech and industrial news on Egypt, Middle East and North Africa (MENA).

Press release distribution services:
We provide press release distribution to media in Egypt, the Arab world and the GCC/MENA regions. Submit a press release today or contact us.

Share Us

Category

BUSINESS
ENTERTAINMENT
FASHION
FOOD
HEALTH
LIFESTYLE

SPORTS
TRAVEL
AFRICA
MIDDLE EAST
PRESS RELEASES

Newsletter

[contact-form-7 id="157" title="Footer-newsletter"]

Recent News

Recent Posts
  • Maradona’s birthplace repurposed as soup kitchen for Argentina’s hungry
  • JETOUR’s Premium G Series Unveils New Visual Identity “Ridge of Steel” Led by Legendary Designer Paula Scher
  • $128.6 Billion by 2032 — Standalone Headsets Lead the VR Gaming Explosion
  • $22.4 Billion by 2032 — Why the 32-Inch Format Dominates Smart Homes & Industrial HMIs

Kuwait247.Club™ is part of GroupWeb Media Network. © 2026 GroupWeb Media LLC

About Us / Contact Us / Submit News

No Result
View All Result
  • HOME
  • BUSINESS
  • ENTERTAINMENT
  • FASHION
  • FOOD
  • HEALTH
  • LIFESTYLE
  • SPORTS
  • TRAVEL
  • MIDDLE EAST
  • PRESS RELEASES
  • ABOUT US
    • CONTACT US

Kuwait247.Club™ is part of GroupWeb Media Network. © 2026 GroupWeb Media LLC