Smart Buildings Nonresidential Market Report 2026


 What Is The Comparative Market Size Outlook For The Smart Buildings (Nonresidential Buildings) Market Report 2026 Market Over The 2025–2029 Timeframe?

The smart buildings (nonresidential buildings) market size has grown rapidly in recent years. It will grow from $77.67 billion in 2025 to $87.53 billion in 2026 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to historical reliance on conventional building systems, gradual introduction of automation technologies, increasing demand for energy-efficient commercial buildings, early adoption of access control and surveillance systems, expansion of non-residential construction activities.

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.

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What Are The Leading Drivers To Growth In The Smart Buildings (Nonresidential Buildings) Market Report 2026 Market Landscape?
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) market.

How Is The Smart Buildings (Nonresidential Buildings) Market Report 2026 Market Segmented To Assess Performance Across Different Product, Application, Or Regional Categories?
The smart buildings (nonresidential buildings) market covered in this report is segmented –

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 New Trends Are Beginning To Take Shape Within The Smart Buildings (Nonresidential Buildings) Market Report 2026 Market?
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.

Who Are The Top-Performing Companies Driving Growth In The Smart Buildings (Nonresidential Buildings) Market Report 2026 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

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Which Geographical Areas Are Expected To Witness The Most Substantial Smart Buildings (Nonresidential Buildings) Market Report 2026 Market Expansion Ahead?
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 the smart buildings (nonresidential buildings) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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