Report Overview

Juniper Research’s new Smart Buildings research report provides a highly detailed analysis of the evolution of the market. This assessment features an examination of the different verticals growing within the smart buildings space, such as energy management, access management and infrastructure management, and the role these will play going forward.

The report also presents extensive market forecasts; delivering detailed insights and whole market sizing across deployments, sensors in use and shipments, and accompanying hardware and platform revenue across:
  • Residential Buildings
  • Non-residential Buildings
The report positions 15 vendors in the Juniper Research Competitor Leaderboard; providing an invaluable resource for stakeholders seeking to understand the competitive landscape of the market.

This research suite comprises:
  • Strategy & Forecasts (PDF)
  • 5-year Market Sizing & Forecast Spreadsheet (Excel)
  • 12 months’ access to harvest Online Data Platform
Key Market Statistics
Market size in 2022: $11.3bn
Market size in 2026: $35.2bn
2022 to 2026 CAGR: 33.92%

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Key Features

  • Market Dynamics: Detailed assessment of how smart building technologies are being deployed, and the future trends that will influence this highly dynamic area.
  • Segment Analysis: Future outlook for the development of different smart building areas, including:
    • Building Infrastructure Management
    • Security & Access Management
    • Energy Management
  • Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 15 vendors:
    • ABB
    • Bosch
    • BuildingIQ
    • Carrier
    • Cisco
    • Hitachi
    • Honeywell
    • Huawei
    • IBM
    • Intel
    • Johnson Control
    • Legrand
    • Schneider Electric
    • Siemens
    • Verdigris Technologies
  • Benchmark Industry Forecasts: Forecasts for smart buildings, including buildings deploying smart technologies, sensors in use, sensor shipments, hardware revenue, platform revenue and total revenue, split by residential versus non-residential. Data is also split by our 8 key regions and the 25 countries listed below:
    • Argentina
    • Australia
    • Brazil
    • Canada
    • China
    • Colombia
    • Denmark
    • France
    • Germany
    • India
    • Italy
    • Japan
    • Mexico
    • Netherlands
    • Norway
    • Poland
    • Portugal
    • Saudi Arabia
    • Singapore
    • South Africa
    • South Korea
    • Spain
    • Sweden
    • UK
    • US

Key Questions Answered

  1. What key issues will smart building implementation address?
  2. What role do hardware and software play in implementing a smart building solution?
  3. Who are the leading players in the smart buildings market?
  4. What forms of smart building technology will see the biggest success?
  5. What will be the value of the smart buildings market globally in 2026?

Companies Referenced

Included in the Juniper Research Competitor Leaderboard: ABB, Bosch, BuildingIQ, Carrier, Cisco, Hitachi, Honeywell, Huawei, IBM, Intel, Johnson Control, Legrand, Schneider Electric, Siemens, Verdigris Technologies.
Mentioned: 3Leaf, ABB, Accenture, Allmanna Svenska Elektriska Aktiebolaget , American Concrete Institute, Anthem, Apple, Atos, AWS, Bloomberg, Blum Capital Partners, Brown, Boveri & Cie, Canada's Department of National Defence, Carnegie Mellon University National Robotics Engineering Center, Centre for Integrated Photonics, Citrix, Cognizant, Cohesity, Collins Aerospace, Connectrac, Cornell University, Corporate Knights, Dell EMC, Deloitte, Dentsu Aegis, Dow Jones Industrial Average,, Ensto Building,, Equinix, Ericsson, Exto Partners, EY, Focal Point LLC, FogHorn, Galleria degli Uffizi, George Washington’s Mount Vernon Estate and Gardens, Google, Hexatier, Hitachi, imimobile, Infosys, Intel, Jabil Circuit, JLL, Johnson and Johnson, KPMG, LaSalle, Levaux, Metro AEBE, Microsoft, NASA, Neul, Otis Elev, Pacific Equity Partners , Paladin Capital, Portshift, Quantinuum, Reckitt Benckiser, Rensselaer Polytechnic Institute, Rockwell Collins, Royal Dutch Shell, Sentaca, St Vincent's Hospital, Stanford University, Starwood Hotels, Swisscom, Technische Universitat Darmstadt, Textile Museum of Canada, The John Buck Company, The Marriott Marquis, The Orchard Hotel, The W Hotel San Francisco, ThousandEyes, Toga Networks, United Technologies, UPS, US Department of Energy, Vanguard, VeloCloud, Vention Medical, Venture Capital, Vokord Telekom Zao, Wattsense, Xtralis.

Data & Interactive Forecast

Juniper Research’s Smart Buildings forecast suite includes:
  • Smart building forecasts, including buildings deploying smart technologies, sensors in use, sensor shipments, hardware revenue, platform revenue and total revenue, including the following segments:
    • Residential Buildings
    • Non-residential Buildings
  • Interactive scenario tool allowing users to manipulate Juniper Research’s data for four different metrics.
  • Access to the full set of forecast data of 37 tables and more than 7,700 datapoints.

Geographical splits: 25 countries

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the Interactive Scenario Tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

Forecast Summary

The number of buildings globally deploying smart building technologies will reach 115 million in 2026, from 45 million in 2022. This growth of over 150% reflects increasing demands for energy efficiency from businesses and residents alike, as energy costs spike.
  • By enabling buildings to monitor and automate common functions, significant efficiency gains can be made, while improving the environment for workers and residents. Vendors must focus on building out analytics platforms to enable the most value to be driven from deployments.
  • Non-residential smart buildings will account for 90% of smart building spend globally in 2026, at a similar level to 2022. This disparity is due to the larger economies of scale in commercial premises driving this spend, as well as the commercial focus of most smart building technologies.
  • Global shipments of sensors used in smart buildings will exceed 1 billion annually in 2026, from 360 million in 2022; representing a growth of 204%. Sensors, when combined with intelligent management platforms, will allow smart buildings to adapt to conditions; matching elements such as lighting, heating and ventilation to live requirements. Smart building vendors should partner with AI vendors to maximise the benefits of automation, such as reduced energy costs and improved working environmen



Full Research Suite

  • Market trends, strategies and forecasts report (pdf)
  • Market data & forecasts - All topic data and interactivity (xls)
  • harvest market data platform (12 months’ online access) - find out more

Click here for more information and purchase options

Mar 2022




Research Details

Juniper Research
Dawnetta Grant, Nick Maynard
Healthcare & Government
8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East
Argentina, Australia, Brazil, Canada, China, Colombia, Denmark, France, Germany, India, Italy, Japan, South Korea, Mexico, Netherlands, Norway, Poland, Portugal, Saudi Arabia, Singapore, South Africa, Spain, Sweden, UK, USA

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