SMART BUILDING MARKET ANALYSIS

Regional Analysis

Global Smart Building Market: Regional Insights

Among regions, North America is projected to show the highest growth in the global smart building market during the forecast period. The region is a major market for IoT-enabled smart devices and smart buildings, as the region is witnessing a rise in the application and acceptance of smart building solutions. With the growing cost of energy and environmental awareness, the adoption of smart, automated, and connected building solutions is increasing in the region. Thus, the global smart building market is expected to show strong growth in the region, over the forecast future.

Moreover, Europe is projected to show significant growth in the global smart building market over the forecast period. This is due to the geographical setup of the region, which is a major factor for the smart building market. Moreover, the presence of urban population, high per capita income, and technological development in the region is also driving the growth of the global smart building market.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa