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Smart Building is defined as any structure which uses automated processes for the management of various operation of the building including heating, air conditioning, lighting, ventilation, security, and other systems according to the changing conditions. A smart building is designed to make human lives easier by using complex and smart technology. The smart building uses information technology during the operation process to connect to different subsystems to collect and share data information for optimization of the buildingu2019s performance. The core systems are interlinked for better efficiency, minimizes the energy consumption, and improves safety & comfort level.<br>Visit: http://www.gmiresearch.com/report/global-smart-building-market/<br>
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Report Title Smart Building Market Research Report GMI Research GMI Research See the Future Insights 1
The smart building market report, published by GMI Research, provides extensive insight and analysis of the smart building market over the forecast period (2020-2027). The report primarily focuses on the key business financials, product portfolio, expansion strategies, and recent developments in the smart building market. The research report also studies the competitive environment of the smart building market based on the company profiles and their efforts on increasing product value and production. Request Sample of this report: https://www.gmiresearch.com/report/global-smart- building-market/sample-request Leading Players in the Smart Building Market The notable players in the smart building market include Hitachi, Ltd., Intel Corporation, Huawei, Honeywell International Inc., Johnson Controls, IBM, Cisco, Schneider Electric, Siemens, and ABB, among others. Key Drivers in the Smart Building Market The increasing adoption of the Internet of Things (IoT) enabled building management system and the rising awareness of space utilization around the world are the key drivers contributing to the growth of the smart building market size. The increasing awareness about energy consumption and the expanding number of initiatives regarding environmental concerns will encourage the adoption of smart building systems to save energy, time, and money. For example, in 2017, the Public Service and Procurement Canada (PSPC) launched the Smart Building initiative aiming to the construction of 100 buildings across Canada. Several countries such as Dubai has launched the “Dubai Plan 2021”, focusing on converting the city into a “smart city” by using innovative technology, digital tools, and smart policies. The increasing development of smart cities will further energize the demand of the market. The emerging trend for eco-friendly and green building that offer numerous smart features will boost the demand for smart building market over the coming years. In addition to this, the rising security concerns followed by the technological enhancement and reliability offered by the intelligent security systems will further accelerate the demand of the smart building market during the forecast period. Market Segmentation 2
Smart Building Market by Component: •Solutions •Services Smart Building Market by Solutions: •Building Infrastructure Management (BIM) oParking Management System oSmart Water Management System oElevators and Escalators Management System •Security and Emergency Management oAccess Control System oVideo Surveillance System oSafety System •Energy Management oHVAC Control System oLighting System •Network Management •Workforce Management Smart Building Market by Services: •Consulting •Integration and Deployment •Support and Maintenance Smart Building Market by Building Type: •Residential •Commercial •Office Buildings •Retail and Public Assembly Buildings •Hospital and Healthcare Facilities •Airports and Railway Stations •Others •Industrial 3
Smart Building Market by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, 4
we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5