Smart Buildings (Nonresidential Buildings) Market Report 2026

Smart Buildings (Nonresidential Buildings) Market Overview

• Smart Buildings (Nonresidential Buildings) market size has reached to $77.67 billion in 2025 • Expected to grow to $141.98 billion in 2030 at a compound annual growth rate (CAGR) of 12.9% • Growth Driver: Increasing Use Of Internet Of Things (Iot) Devices Driving The Market Growth Due To Operational Efficiency Requirements • Market Trend: Advancements In AI Technology Empower Smarter And More Sustainable Buildings • Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Smart Buildings (Nonresidential Buildings) Market?

Smart buildings (non-residential Buildings) construction is the process of building, altering, repairing, improving, or demolishing any non-residential smart home using a detailed design and plan. Smart homes are futuristic buildings equipped with advanced electronics and wireless devices. The smart home system requires a web portal or smartphone application to interact with the automated system as a user interface. The main types of products in smart buildings (non-residential buildings) are institutional buildings and commercial buildings. Commercial buildings are structures, such as office buildings, retail space, and warehouses, where commercial activity takes place. The automation type of building has intelligent security systems, building energy management systems, infrastructure management systems, network management systems, and others used in government, airports, hospitals, institutes, manufacturing and industrial facilities, and other applications. Various types of buildings include new construction and remodeling projects.

What Is The Smart Buildings (Nonresidential Buildings) Market Growth Forecast?

The smart buildings (nonresidential buildings) market size is expected to see rapid growth in the next few years. It will grow to $141.98 billion in 2030 at a compound annual growth rate (CAGR) of 12.9%. The growth in the forecast period can be attributed to rising integration of advanced BEMS solutions, growing demand for cloud-connected automation platforms, increasing adoption of predictive maintenance technologies, expansion of IoT-enabled smart infrastructure, rising regulatory pressure for energy-efficient non-residential buildings. Major trends in the forecast period include rising adoption of bems-driven energy optimization, increasing deployment of smart security and access-control systems, expansion of cloud-connected building automation platforms, growth in integrated infrastructure and network management solutions, rising use of predictive maintenance and remote monitoring technologies.

Global Smart Buildings (Nonresidential Buildings) Market Segmentation

1) By Automation Type: Intelligent Security System, Building Energy Management System, Infrastructure Management System, Network Management System 2) By Product Type: Institutional Buildings, Commercial Buildings 3) By System Type: New Constructions, Remodeling Projects 4) By Application: Government, Airports, Hospitals, Institutes Manufacturing & Industrial facilities, Other Applications Subsegments: 1) By Intelligent Security System: Access Control Systems, Video Surveillance Systems, Intrusion Detection Systems 2) By Building Energy Management System (BEMS): HVAC Control Systems, Lighting Control Systems, Energy Monitoring and Optimization Tools 3) By Infrastructure Management System: Facility Management Software, Asset Tracking and Management Tools, Maintenance Management Systems 4) By Network Management System: Network Monitoring and Performance Management, Data Center Management Tools, Cloud-Based Management Solutions

What Is The Driver Of The Smart Buildings (Nonresidential Buildings) Market?

The increasing use of internet of things (IoT) devices is expected to propel the growth of the smart buildings (nonresidential buildings) market going forward. Internet of things (IoT) devices are interconnected smart devices embedded with sensors, software, and network connectivity that collect, exchange, and analyze data to enable automated monitoring and control of physical environments. The adoption of IoT devices is rising due to the need for operational efficiency and cost reduction, as organizations increasingly seek automated solutions to monitor building systems, optimize energy consumption, and reduce operational expenses in real time. The rising use of IoT devices drives demand for smart building infrastructure as these interconnected systems enable automated control of lighting, heating, ventilation, security, and facility management to enhance building performance and occupant comfort. For instance, in February 2023, according to the BuildOps Inc., a US-based software-as-a-service (SaaS) company, the total number of IoT-connected devices is projected to reach 16 billion by 2023, representing a 28% increase compared to 2022. Therefore, the increasing use of internet of things (IoT) devices is driving the growth of the smart buildings (nonresidential buildings) industry.

Key Players In The Global Smart Buildings (Nonresidential Buildings) Market

Major companies operating in the smart buildings (nonresidential buildings) market are China State Construction Engineering Co., Ltd., VINCI, Bechtel Corporation, Skanska AB, Turner Construction Company, Jacobs Engineering Group Inc., The Whiting-Turner Contracting Company, PCL Construction, AECOM, BESIX Group, Shanghai Construction Group (SCG), SGS Group, Larsen & Toubro, GMR Group, Hindustan Construction Company, GVK Group, Kajima Corporation, Shimizu Corporation, Shanghai Intelligent Building Technology (SIBT), Obayashi Corporation, Taisei Corporation, Balfour Beatty, Bouygues, Royal BAM Group, Laing O`Rourke, ACS Group, EllisDon Corporation, Aecon Group Incorporated, Ledcor Group of Companies, Gilbane Building Company, Empresas ICA SAB de CV, Carso Infraestructura y Construcción S.A.B., Clark Group, Swinerton, Hensel Phelps, Lendlease, Arabian Construction Company, WBHO Construction (Pty) Ltd., Stefanutti Stocks (Pty) Ltd, WK construction, Redcon Construction Company, Estim Construction Co. Ltd, Eco-Beam, Ecomo, TSAI design studio

Global Smart Buildings (Nonresidential Buildings) Market Trends and Insights

Major companies operating in the smart buildings (non-residential buildings) market are focusing on developing innovative solutions, such as artificial intelligence (AI)-powered integrated building management platforms, to enhance energy efficiency, optimize building operations, and improve occupant comfort. Artificial Intelligence (AI)-powered integrated building management platforms use advanced data analytics, machine learning, and real-time sensor inputs to automatically monitor, control, and optimize key building systems, helping facility managers reduce energy consumption, lower operating costs, and create safer, more comfortable, and sustainable non-residential environments. For instance, in June 2025, Honeywell International Inc., a US–based building-automation and industrial-technology company, launched Honeywell Connected Solutions (built on their Forge platform), an AI-powered platform that integrates critical building software and technologies into a single interface for non-residential portfolios. The solution provides advanced encryption for cybersecurity, remote monitoring and diagnostics, predictive maintenance and energy-management capabilities to help operators reduce labour time, cost and carbon footprint.

What Are Latest Mergers And Acquisitions In The Smart Buildings (Nonresidential Buildings) Market?

In December 2023, Honeywell International Inc., a US-based technology and manufacturing company, acquired Carrier Global Corporation’s Global Access Solutions business for $4.95 billion. With this acquisition, Honeywell aimed to enhance its building-automation segment by expanding into cloud-based access, security and digital-credentials capabilities. Carrier Global Corporation is a US-based refrigeration and air conditioning company that specializes in providing access control systems, electronic locking solutions, and mobile-credential platforms.

Regional Insights

Asia-Pacific was the largest region in the smart buildings (non-residential buildings) market in 2025. South America is expected to be the fastest-growing region in the global smart buildings (nonresidential buildings) market during the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Smart Buildings (Nonresidential Buildings) Market?

The smart buildings (non-residential) construction market includes revenues earned by entities by constructing non-residential smart buildings such as offices, sports, college buildings, and other commercial buildings. The establishments in this market include non-residential general contractors, non-residential for-sale builders, non-residential design-build firms, and non-residential project construction management firms. The non-residential green building construction work performed includes new work, additions, alterations, maintenance, and repairs. Smart buildings use automatic processes to control the buildings' operations such as air conditioning, lighting, security, and other systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in theSmart Buildings (Nonresidential Buildings) Market Report 2026?

The smart buildings (nonresidential buildings) market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the smart buildings (nonresidential buildings) industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.