Smart Buildings Statistics 2024 – Everything You Need to Know

Are you looking to add Smart Buildings to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Smart Buildings statistics of 2024.

My team and I scanned the entire web and collected all the most useful Smart Buildings stats on this page. You don’t need to check any other resource on the web for any Smart Buildings statistics. All are here only 🙂

How much of an impact will Smart Buildings have on your day-to-day? or the day-to-day of your business? Should you invest in Smart Buildings? We will answer all your Smart Buildings related questions here.

Please read the page carefully and don’t miss any word. 🙂

Best Smart Buildings Statistics

☰ Use “CTRL+F” to quickly find statistics. There are total 45 Smart Buildings Statistics on this page 🙂

Smart Buildings Usage Statistics

  • According to the IBM Corporation report, implementing advanced technology, including AI, IoT, and others helped reduce energy usage by 40% and 10%. [0]

Smart Buildings Market Statistics

  • And, according to GlobeNewswire, the global smart building market was valued at $49.28 billion in 2019 and is forecasted to grow to $127.09 billion by 2027, with a noteworthy CAGR of 12.2% over the forecast period of 2020. [1]
  • The market is projected to grow from USD 80.62 billion in 2024 to USD 328.62 billion by 2029, exhibiting a CAGR of 22.2% during the forecast period. [0]
  • Based on our analysis, the global market exhibited a decline of 17.4% in 2020 compared to 2019. [0]
  • The market is projected to grow at a CAGR of 22.2% during the forecast period. [0]
  • Americas region holds the major Smart Buildings market share of around 49.06% in 2019. [2]
  • Smart building technology is expected to grow by 34 percent annually over the next five years, with a prediction of reaching a total market value of nearly $25 billion by the year 2021. [3]
  • The global smart building market size is expected to gain momentum by reaching USD 265.37 billion by 2028 while exhibiting a CAGR of 21.6% between 2021 to 2028. [4]
  • The global intelligent building market size was valued at $ 12,371 million in 2017, and is projected to reach $ 42,649 million by 2024, growing at a CAGR of 19.6% from 2018 to 2024. [5]
  • Accordingly, over 78% of new construction will involve at least one facet of IoT and/or related smart buildings market related technologies over the course of the next five years. [6]

Smart Buildings Latest Statistics

  • For instance, as per a high level Expert Forum 2019 report, 70% of the world population is expected to shift in urban areas by 2050. [0]
  • The government has targeted converting 80% of buildings to be certified as green by 2030 under this scheme. [0]
  • In February 2019, Aragon aimed to reduce 20% of total energy consumption by focusing on Zaragoza smart city buildings. [0]
  • Today, through the collaboration of smart cities and buildings, the city witnesses 30% reduction in its operational cost and targets ISO 50001 standard compliance. [0]
  • For instance, as per the IoT and smart building 2019 report of IBM Corporation, commercial and real estate buildings utilize 50% water and energy. [0]
  • Similarly, according to Schneider Electric Whitepaper, 36% of carbon emission comes from buildings. [0]
  • Similarly, as per Deloitte’s report, the implementation of smart technology and IoT devices witnessed 70% energy saving in three years. [0]
  • For instance, Shanghai’s New Development Bank implemented intelligent building solutions to monitor indoor lighting, electric curtains, and windows and witnessed more than 15% energy saving. [0]
  • Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [7]
  • Available to download in PNG, PDF, XLS format 33% off until Jun 30th. [8]
  • 38 percent of total U.S. energy consumption is dedicated to lighting. [3]
  • 45 percent of all buildings stay lit even when they’re closed. [3]
  • 49 percent of all buildings are completely lit during business hours. [3]
  • 80% of fortune 2000 companies rely on our research to identify new revenue sources. [9]
  • About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. [9]
  • Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. [9]
  • That’s crucial because buildings account for up to 70% of energy consumption in major cities and 30% of greenhouse gas emissions globally, according to statistics cited by Connected Cities USA. [10]
  • Asked to rate whether building management technologies have produced a return on investment, two thirds of those surveyed, 66%, responded “yes.”. [10]
  • Based on the solution, the building infrastructure management sub segment held a share of 32.9% in 2020. [4]
  • For instance, as per IoT and smart building 2019 report published by IBM Corporation, 50% of water and energy is consumed by commercial and real estate buildings. [4]
  • Another report by Schneider Electric Whitepaper, states that 36% of carbon emission comes from buildings. [4]
  • Fortune Business Insights Cryogenic Pump Market Size to Hit USD 5.57 Billion by 2028 – Exhibit a CAGR of 7.8% Pune, India, April 21, 2024. [4]
  • According to KSN, in H1 2019 Kaspersky products blocked malicious objects on 37.8% of computers in building based automation systems. [11]
  • That being the case, the total share of attacked computers over the same period is greater in industrial systems (41.2%). [11]
  • In the 2020 Energy Efficiency Indicator study of U.S. facility and energy management executives, 56% of respondents said they planned to invest in building system integration in the next 12 months. [12]
  • Another 29% of organizations plan to invest in the integration of building technology systems with the utility grid in 2021, up from 13% in 2020. [12]
  • A recent study in Europe estimates that smart building technology can save up to 23% of energy use in office buildings. [12]
  • In another study, integrated building systems including HVAC, lighting and plugloads were estimated to save 8. [12]
  • In the Better Buildings Smart Energy Analytics Campaign, Energy Information Systems achieved a median 3% in energy cost savings across 100 organizations. [12]
  • Fault Detection and Diagnostic applications saved an additional 9% of energy costs, resulting in a combined two year payback on investment. [12]
  • Another study evaluated 58 smart building measures and predicted over 25% annual energy and maintenance savings from measures with less than a five. [12]
  • Collectively speaking, residential dwellings, offices, educational campuses, indoor recreation, and public service facilities are where people in the developed world spend up to 90% of their time. [6]
  • However, it is important to note that roughly 83% of legacy buildings in developed economies have issues that will require substantial retrofitting. [6]
  • It is estimated that urbanization will cause up to 51% of global resources to be consumed by residential and commercial buildings by 2027. [6]
  • Of this amount, over 68% of global energy will be used by enterprise and industrial facilities along with over 32% of the overall global water consumed. [6]

I know you want to use Smart Buildings Software, thus we made this list of best Smart Buildings Software. We also wrote about how to learn Smart Buildings Software and how to install Smart Buildings Software. Recently we wrote how to uninstall Smart Buildings Software for newbie users. Don’t forgot to check latest Smart Buildings statistics of 2024.

Reference


  1. fortunebusinessinsights – https://www.fortunebusinessinsights.com/industry-reports/smart-building-market-101198.
  2. planetechusa – https://planetechusa.com/smart-buildings-trends-and-forecasts/.
  3. prnewswire – https://www.prnewswire.com/news-releases/worldwide-smart-buildings-industry-to-2025—featuring-azbil-ibm–legrand-among-others-301093273.html.
  4. viewpoint – https://www.viewpoint.com/blog/the-rise-of-smart-buildings.
  5. globenewswire – https://www.globenewswire.com/en/news-release/2021/07/21/2266321/0/en/Smart-Building-Market-to-Hit-USD-265-37-Billion-by-2028-Increasing-Investments-in-Sustainable-Smart-Buildings-to-Augment-Market-Growth-Fortune-Business-Insights.html.
  6. alliedmarketresearch – https://www.alliedmarketresearch.com/intelligent-building-market.
  7. globenewswire – https://www.globenewswire.com/news-release/2021/07/13/2261658/28124/en/Global-Smart-Buildings-Market-2021-to-2026-by-Technology-Infrastructure-Solutions-and-Deployment-Models.html.
  8. statista – https://www.statista.com/statistics/691817/iot-smart-buildings-active-connections-in-the-eu/.
  9. statista – https://www.statista.com/statistics/631151/worldwide-data-collected-by-smart-buildings/.
  10. marketsandmarkets – https://www.marketsandmarkets.com/PressReleases/smart-building.asp.
  11. forbes – https://www.forbes.com/sites/insights-inteliot/2018/10/24/smart-buildings-forming-the-foundation-of-smart-cities/.
  12. kaspersky – https://ics-cert.kaspersky.com/publications/threat-landscape-for-smart-buildings-h1-2019-in-brief/.
  13. activeefficiency – https://activeefficiency.org/smartbuildings-akeyelement/.

How Useful is Smart Buildings

One of the key advantages of smart buildings is their ability to optimize energy use. By integrating systems that monitor and control lighting, heating, and cooling, these buildings can significantly reduce energy consumption and carbon emissions. This not only helps to lower operating costs but also contributes to a more sustainable future by reducing our overall impact on the environment.

In addition to energy efficiency, smart buildings also prioritize occupant comfort and wellbeing. Through the use of sensors and interconnected devices, these buildings can automatically adjust lighting, temperature, and air quality to create a more comfortable and productive environment for users. This results in improved productivity, reduced absenteeism, and better overall satisfaction among occupants.

Furthermore, smart buildings are also enhancing safety and security measures. With the integration of smart security systems, building owners can monitor and control access to the premises, detect potential threats, and respond quickly in the event of an emergency. This increased level of security not only protects occupants and assets but also provides peace of mind for stakeholders.

Another valuable aspect of smart buildings is their ability to gather and analyze data in real-time. By collecting information on energy usage, occupancy patterns, and environmental conditions, building owners can gain valuable insights into the performance of their property. This data-driven approach allows for more informed decision-making, proactive maintenance, and continuous improvement of overall building operations.

Moreover, the implementation of smart technologies in buildings can also lead to improved connectivity and communication. By connecting various building systems and devices through a centralized platform, occupants can access information, control settings, and collaborate with colleagues more easily. This level of connectivity not only enhances user experience but also fosters a sense of community within the building.

Overall, smart buildings are proving to be incredibly useful in a variety of ways. From energy efficiency and comfort to safety and connectivity, these technologically advanced structures are setting a new standard for the built environment. As technology continues to evolve and integrate into our daily lives, it is clear that smart buildings will play an increasingly important role in enhancing the way we live and work.

In Conclusion

Be it Smart Buildings benefits statistics, Smart Buildings usage statistics, Smart Buildings productivity statistics, Smart Buildings adoption statistics, Smart Buildings roi statistics, Smart Buildings market statistics, statistics on use of Smart Buildings, Smart Buildings analytics statistics, statistics of companies that use Smart Buildings, statistics small businesses using Smart Buildings, top Smart Buildings systems usa statistics, Smart Buildings software market statistics, statistics dissatisfied with Smart Buildings, statistics of businesses using Smart Buildings, Smart Buildings key statistics, Smart Buildings systems statistics, nonprofit Smart Buildings statistics, Smart Buildings failure statistics, top Smart Buildings statistics, best Smart Buildings statistics, Smart Buildings statistics small business, Smart Buildings statistics 2024, Smart Buildings statistics 2021, Smart Buildings statistics 2024 you will find all from this page. 🙂

We tried our best to provide all the Smart Buildings statistics on this page. Please comment below and share your opinion if we missed any Smart Buildings statistics.

Leave a Comment