Hampshire, UK – 21st October 2025: A new study from global tech strategists Juniper Research has found that smart building vendors will generate $21 billion globally; a rise of more than one third in a single year, from $15 billion in 2025.
The market-leading study identified the growth of interoperable smart building platforms as key to global market growth next year. Open-source platforms are anticipated to play a pivotal role in enabling new deployment models that reduce barriers to adoption.
An extract from the report, Smart Buildings Market 2025-2030, is available as a free download.
“A lack of interoperability across smart building solutions has been a key deterrent to growth in the past,” said Frederick Savage, Research Analyst at Juniper Research. “However, with the rise of interoperability frameworks and the increased replacement of legacy infrastructure, we expect more enterprises to deploy smart building systems next year; primarily motivated by cost and energy savings.”
Open-source Platforms Driving Platform Growth
Juniper Research anticipates that open-source platforms such as VOLTRON and openHAB will create new interoperable ecosystems; mitigating vendor lock-in for building managers. Building managers will benefit from waived licensing fees; enabling faster feature deployment and lower system update costs.
Further cost reductions will come from improved energy efficiency, process optimisation, and space utilisation. These savings will strengthen ROI and attract small and medium-sized enterprises to smart building platforms.
To maximise the benefits of open-source smart building solutions, Savage advised, “Stakeholders must prioritise interoperability and modular deployment. This approach reduces long-term risk, supports scalable multi-site roll-outs, and enables rapid adaptation to evolving building needs - ultimately driving higher efficiency and revenue growth.”
About the Research Suite
The new research suite offers the most comprehensive assessment of the smart buildings market to date, including insightful market analysis and in-depth forecasts for over 60 countries. The dataset contains over 33,000 market statistics within a five-year period. It includes a ‘Competitor Leaderboard’ and an examination of current and future market opportunities.
Juniper Research is a global tech strategist firm providing research, data, and forecasting across the fintech, telecoms, and IoT sectors. For over 20 years, Juniper Research has delivered actionable insights that help industry leaders navigate disruption, seize opportunities, and make confident strategic decisions. https://www.juniperresearch.com
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