Industry: Service & Software
Published Date: 2025-07-31
Pages: 173 Pages
Report ld: 4811529
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Connected Building Solution Market Size(US$)

CAGR 2025-2031
9.4%
Market Size,2031
USD 161,850
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Connected Building Solution market is projected to grow from US$ 86940 million in 2024 to US$ 161850 million by 2031, at a CAGR of 9.4% (2025-2031), driven by critical product segments and diverse end‑use applications.
The Connected Building Solution refers to a comprehensive set of technologies and services that integrate smart buildings, IoT devices, and cloud-based software platforms to provide efficient, energy-saving, and convenient management capabilities for building operators and occupants. The solution includes a wide range of components such as smart sensors, controllers, network equipment, cloud-based management software, and even applications designed for building management.
Core manufacturers of connected building solutions include Johnson Controls, Honeywell International, Siemens AG, ABB, Carrier and Schneider Electric. The top five players account for 33% of the global market share. The European region is the largest market, accounting for approximately 33% of the global market share.
In terms of product type, hardware is the largest segment, accounting for approximately 63% share. At the same time, in terms of applications, commercial is the largest application, accounting for approximately 67% share.
Report Includes:
This definitive report equips CEOs, marketing directors, and investors with a 360° view of the global Connected Building Solution market across value chain. It analyzes historical revenue data (2020–2024) and delivers forecasts through 2031, illuminating demand trends and growth drivers.
By segmenting the market by Type and by Application, the study quantifies market size, growth rates, niche opportunities, and substitution risks, and analyzes downstream customers distribution pattern.
Granular regional insights cover five major markets—North America, Europe, APAC, South America, and MEA—with in‑depth analysis of 20+ countries, detailing dominant products, competitive landscape, and downstream demand trends.
Critical competitive intelligence profiles players—revenue, margins, pricing strategies, and major customers—and dissects the top-player positioning across product lines, applications, and regions to reveal strategic strengths.
A concise Industry‑chain overview maps upstream, middlestream, and downstream distribution dynamics to identify strategic gaps and unmet demand.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Defines the Connected Building Solution study scope, segments the market by Type and by Application, etc, highlights segment size and growth potential.
Chapter 2: Offers current market state, projects global revenue and sales to 2031, pinpointing high consumption regions and emerging market catalysts
Chapter 3: Dissects the player landscape—ranks by revenue and profitability, details Player performance by product type and evaluates concentration alongside M&A moves.
Chapter 4: Unlocks high margin product segments—compares revenue, ASP, and technology differentiators, highlighting growth niches and substitution risks
Chapter 5: Targets downstream market opportunities—evaluates market size by Application, identifies emerging use cases, and profiles leading customers by region and by Application.
Chapter 6: North America—breaks down market size by Type, by Application and country, profiles key players and assesses growth drivers and barriers.
Chapter 7: Europe—analyses regional market by Type, by Application and players, flagging drivers and barriers.
Chapter 8: Asia Pacific—quantifies market size by Type, by Application, and region/country, profiles top players, and uncovers high potential expansion areas.
Chapter 9: Central & South America—measures market size by Type, by Application, and country, profiles top players, and identifies investment opportunities and challenges.
Chapter 10: Middle East and Africa—evaluates market size by Type, by Application, and country, profiles key players, and outlines investment prospects and market hurdles
Chapter 11: Profiles players in depth—details product specs, revenue, margins; Top-tier players 2024 sales breakdowns by Product type, by Application, by region SWOT analysis, and recent strategic developments.
Chapter 12: Industry chain—analyses upstream, cost drivers, plus downstream channels.
Chapter 13: Market dynamics—explores drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 14: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Beyond standard market data, this analysis provides a clear profitability roadmap—empowering you to:
Allocate capital strategically to high growth regions (Chapters 6–10) and margin rich segments (Chapter 5).
Negotiate from strength with suppliers (Chapter 12) and customers (Chapter 5) using cost and demand intelligence.
Outmaneuver competitors with granular insights into their operations, margins, and strategies (Chapters 3 and 11).
Capitalize on the projected billion‑dollar opportunity with data‑driven regional and segment tactics (Chapter 12-14).
Leverage this 360° intelligence to turn market complexity into actionable competitive advantage.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Introduction to Connected Building Solution: Definition, Properties, and Key Attributes
1.2 Market Segmentation by Type
1.2.1 Global Connected Building Solution Market Size by Type, 2020 VS 2024 VS 2031
1.2.2 Software
1.2.3 Hardware
1.3 Market Segmentation by Application
1.3.1 Global Connected Building Solution Market Size by Application, 2020 VS 2024 VS 2031
1.3.2 Residential
1.3.3 Commercial
1.3.4 Government
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Executive Summary
2.1 Global Connected Building Solution Revenue Estimates and Forecasts 2020-2031
2.2 Global Connected Building Solution Revenue by Region
2.2.1 Revenue Comparison: 2020 VS 2024 VS 2031
2.2.2 Historical and Forecasted Revenue by Region (2020-2031)
2.2.3 Global Revenue Market Share by Region (2020-2031)
2.2.4 Emerging Market Focus: Growth Drivers & Investment Trends
3 Competition by Players
3.1 Global Connected Building Solution Player Revenue Rankings and Profitability
3.1.1 Global Revenue (Value) by Players (2020-2025)
3.1.2 Global Key Player Revenue Ranking (2023 vs. 2024)
3.1.3 Revenue-Based Tier Segmentation (Tier 1, Tier 2, and Tier 3)
3.1.4 Gross Margin by Top Player (2020 VS 2024)
3.2 Global Connected Building Solution Companies Headquarters and Service Footprint
3.3 Main Product Type Market Size by Players
3.3.1 Software Market Size by Players
3.3.2 Hardware Market Size by Players
3.4 Global Connected Building Solution Market Concentration and Dynamics
3.4.1 Global Market Concentration (CR5 and HHI)
3.4.2 Entrant/Exit Impact Analysis
3.4.3 Strategic Moves: M&A, Expansion, R&D Investment
4 Global Product Segmentation Analysis
4.1 Global Connected Building Solution Revenue Trends by Type
4.1.1 Global Historical and Forecasted Revenue by Type (2020-2031)
4.1.2 Global Revenue Market Share by Type (2020-2031)
4.2 Key Product Attributes and Differentiation
4.3 Subtype Dynamics: Growth Leaders, Profitability and Risk
4.3.1 High-Growth Niches and Adoption Drivers
4.3.2 Profitability Hotspots and Cost Drivers
4.3.3 Substitution Threats
5 Global Downstream Application Analysis
5.1 Global Connected Building Solution Revenue by Application
5.1.1 Global Historical and Forecasted Revenue by Application (2020-2031)
5.1.2 Revenue Market Share by Application (2020-2031)
5.1.3 High-Growth Application Identification
5.1.4 Emerging Application Case Studies
5.2 Downstream Customer Analysis
5.2.1 Top Customers by Region
5.2.2 Top Customers by Application
6 North America
6.1 North America Market Size (2020-2031)
6.2 North America Key Players Revenue in 2024
6.3 North America Connected Building Solution Market Size by Type (2020-2031)
6.4 North America Connected Building Solution Market Size by Application (2020-2031)
6.5 North America Growth Accelerators and Market Barriers
6.6 North America Connected Building Solution Market Size by Country
6.6.1 North America Revenue Trends by Country
6.6.2 US
6.6.3 Canada
6.6.4 Mexico
7 Europe
7.1 Europe Market Size (2020-2031)
7.2 Europe Key Players Revenue in 2024
7.3 Europe Connected Building Solution Market Size by Type (2020-2031)
7.4 Europe Connected Building Solution Market Size by Application (2020-2031)
7.5 Europe Growth Accelerators and Market Barriers
7.6 Europe Connected Building Solution Market Size by Country
7.6.1 Europe Revenue Trends by Country
7.6.2 Germany
7.6.3 France
7.6.4 U.K.
7.6.5 Italy
7.6.6 Russia
8 Asia-Pacific
8.1 Asia-Pacific Market Size (2020-2031)
8.2 Asia-Pacific Key Players Revenue in 2024
8.3 Asia-Pacific Connected Building Solution Market Size by Type (2020-2031)
8.4 Asia-Pacific Connected Building Solution Market Size by Application (2020-2031)
8.5 Asia-Pacific Growth Accelerators and Market Barriers
8.6 Asia-Pacific Connected Building Solution Market Size by Region
8.6.1 Asia-Pacific Revenue Trends by Region
8.7 China
8.8 Japan
8.9 South Korea
8.10 Australia
8.11 India
8.12 Southeast Asia
8.12.1 Indonesia
8.12.2 Vietnam
8.12.3 Malaysia
8.12.4 Philippines
8.12.5 Singapore
9 Central and South America
9.1 Central and South America Market Size (2020-2031)
9.2 Central and South America Key Players Revenue in 2024
9.3 Central and South America Connected Building Solution Market Size by Type (2020-2031)
9.4 Central and South America Connected Building Solution Market Size by Application (2020-2031)
9.5 Central and South America Investment Opportunities and Key Challenges
9.6 Central and South America Connected Building Solution Market Size by Country
9.6.1 Central and South America Revenue Trends by Country (2020 VS 2024 VS 2031)
9.6.2 Brazil
9.6.3 Argentina
10 Middle East and Africa
10.1 Middle East and Africa Market Size (2020-2031)
10.2 Middle East and Africa Key Players Revenue in 2024
10.3 Middle East and Africa Connected Building Solution Market Size by Type (2020-2031)
10.4 Middle East and Africa Connected Building Solution Market Size by Application (2020-2031)
10.5 Middle East and Africa Investment Opportunities and Key Challenges
10.6 Middle East and Africa Connected Building Solution Market Size by Country
10.6.1 Middle East and Africa Revenue Trends by Country (2020 VS 2024 VS 2031)
10.6.2 GCC Countries
10.6.3 Israel
10.6.4 Egypt
10.6.5 South Africa
11 Corporate Profile
11.1 Johnson Controls
11.1.1 Johnson Controls Corporation Information
11.1.2 Johnson Controls Business Overview
11.1.3 Johnson Controls Connected Building Solution Product Features and Attributes
11.1.4 Johnson Controls Connected Building Solution Revenue and Gross Margin (2020-2025)
11.1.5 Johnson Controls Connected Building Solution Revenue by Product in 2024
11.1.6 Johnson Controls Connected Building Solution Revenue by Application in 2024
11.1.7 Johnson Controls Connected Building Solution Revenue by Geographic Area in 2024
11.1.8 Johnson Controls Connected Building Solution SWOT Analysis
11.1.9 Johnson Controls Recent Developments
11.2 Honeywell International
11.2.1 Honeywell International Corporation Information
11.2.2 Honeywell International Business Overview
11.2.3 Honeywell International Connected Building Solution Product Features and Attributes
11.2.4 Honeywell International Connected Building Solution Revenue and Gross Margin (2020-2025)
11.2.5 Honeywell International Connected Building Solution Revenue by Product in 2024
11.2.6 Honeywell International Connected Building Solution Revenue by Application in 2024
11.2.7 Honeywell International Connected Building Solution Revenue by Geographic Area in 2024
11.2.8 Honeywell International Connected Building Solution SWOT Analysis
11.2.9 Honeywell International Recent Developments
11.3 Schneider Electric
11.3.1 Schneider Electric Corporation Information
11.3.2 Schneider Electric Business Overview
11.3.3 Schneider Electric Connected Building Solution Product Features and Attributes
11.3.4 Schneider Electric Connected Building Solution Revenue and Gross Margin (2020-2025)
11.3.5 Schneider Electric Connected Building Solution Revenue by Product in 2024
11.3.6 Schneider Electric Connected Building Solution Revenue by Application in 2024
11.3.7 Schneider Electric Connected Building Solution Revenue by Geographic Area in 2024
11.3.8 Schneider Electric Connected Building Solution SWOT Analysis
11.3.9 Schneider Electric Recent Developments
11.4 Siemens AG
11.4.1 Siemens AG Corporation Information
11.4.2 Siemens AG Business Overview
11.4.3 Siemens AG Connected Building Solution Product Features and Attributes
11.4.4 Siemens AG Connected Building Solution Revenue and Gross Margin (2020-2025)
11.4.5 Siemens AG Connected Building Solution Revenue by Product in 2024
11.4.6 Siemens AG Connected Building Solution Revenue by Application in 2024
11.4.7 Siemens AG Connected Building Solution Revenue by Geographic Area in 2024
11.4.8 Siemens AG Connected Building Solution SWOT Analysis
11.4.9 Siemens AG Recent Developments
11.5 ABB
11.5.1 ABB Corporation Information
11.5.2 ABB Business Overview
11.5.3 ABB Connected Building Solution Product Features and Attributes
11.5.4 ABB Connected Building Solution Revenue and Gross Margin (2020-2025)
11.5.5 ABB Connected Building Solution Revenue by Product in 2024
11.5.6 ABB Connected Building Solution Revenue by Application in 2024
11.5.7 ABB Connected Building Solution Revenue by Geographic Area in 2024
11.5.8 ABB Connected Building Solution SWOT Analysis
11.5.9 ABB Recent Developments
11.6 Carrier
11.6.1 Carrier Corporation Information
11.6.2 Carrier Business Overview
11.6.3 Carrier Connected Building Solution Product Features and Attributes
11.6.4 Carrier Connected Building Solution Revenue and Gross Margin (2020-2025)
11.6.5 Carrier Recent Developments
11.7 Ingersoll Rand (Trane)
11.7.1 Ingersoll Rand (Trane) Corporation Information
11.7.2 Ingersoll Rand (Trane) Business Overview
11.7.3 Ingersoll Rand (Trane) Connected Building Solution Product Features and Attributes
11.7.4 Ingersoll Rand (Trane) Connected Building Solution Revenue and Gross Margin (2020-2025)
11.7.5 Ingersoll Rand (Trane) Recent Developments
11.8 Emerson
11.8.1 Emerson Corporation Information
11.8.2 Emerson Business Overview
11.8.3 Emerson Connected Building Solution Product Features and Attributes
11.8.4 Emerson Connected Building Solution Revenue and Gross Margin (2020-2025)
11.8.5 Emerson Recent Developments
11.9 Azbil
11.9.1 Azbil Corporation Information
11.9.2 Azbil Business Overview
11.9.3 Azbil Connected Building Solution Product Features and Attributes
11.9.4 Azbil Connected Building Solution Revenue and Gross Margin (2020-2025)
11.9.5 Azbil Recent Developments
11.10 Samsung
11.10.1 Samsung Corporation Information
11.10.2 Samsung Business Overview
11.10.3 Samsung Connected Building Solution Product Features and Attributes
11.10.4 Samsung Connected Building Solution Revenue and Gross Margin (2020-2025)
11.10.5 Company Ten Recent Developments
11.11 Eaton
11.11.1 Eaton Corporation Information
11.11.2 Eaton Business Overview
11.11.3 Eaton Connected Building Solution Product Features and Attributes
11.11.4 Eaton Connected Building Solution Revenue and Gross Margin (2020-2025)
11.11.5 Eaton Recent Developments
11.12 Hitachi
11.12.1 Hitachi Corporation Information
11.12.2 Hitachi Business Overview
11.12.3 Hitachi Connected Building Solution Product Features and Attributes
11.12.4 Hitachi Connected Building Solution Revenue and Gross Margin (2020-2025)
11.12.5 Hitachi Recent Developments
11.13 Bosch
11.13.1 Bosch Corporation Information
11.13.2 Bosch Business Overview
11.13.3 Bosch Connected Building Solution Product Features and Attributes
11.13.4 Bosch Connected Building Solution Revenue and Gross Margin (2020-2025)
11.13.5 Bosch Recent Developments
11.14 Panasonic Corporation
11.14.1 Panasonic Corporation Corporation Information
11.14.2 Panasonic Corporation Business Overview
11.14.3 Panasonic Corporation Connected Building Solution Product Features and Attributes
11.14.4 Panasonic Corporation Connected Building Solution Revenue and Gross Margin (2020-2025)
11.14.5 Panasonic Corporation Recent Developments
11.15 Legrand SA
11.15.1 Legrand SA Corporation Information
11.15.2 Legrand SA Business Overview
11.15.3 Legrand SA Connected Building Solution Product Features and Attributes
11.15.4 Legrand SA Connected Building Solution Revenue and Gross Margin (2020-2025)
11.15.5 Legrand SA Recent Developments
11.16 Tencent
11.16.1 Tencent Corporation Information
11.16.2 Tencent Business Overview
11.16.3 Tencent Connected Building Solution Product Features and Attributes
11.16.4 Tencent Connected Building Solution Revenue and Gross Margin (2020-2025)
11.16.5 Tencent Recent Developments
11.17 Control4
11.17.1 Control4 Corporation Information
11.17.2 Control4 Business Overview
11.17.3 Control4 Connected Building Solution Product Features and Attributes
11.17.4 Control4 Connected Building Solution Revenue and Gross Margin (2020-2025)
11.17.5 Control4 Recent Developments
11.18 IBM
11.18.1 IBM Corporation Information
11.18.2 IBM Business Overview
11.18.3 IBM Connected Building Solution Product Features and Attributes
11.18.4 IBM Connected Building Solution Revenue and Gross Margin (2020-2025)
11.18.5 IBM Recent Developments
11.19 Cisco Systems
11.19.1 Cisco Systems Corporation Information
11.19.2 Cisco Systems Business Overview
11.19.3 Cisco Systems Connected Building Solution Product Features and Attributes
11.19.4 Cisco Systems Connected Building Solution Revenue and Gross Margin (2020-2025)
11.19.5 Cisco Systems Recent Developments
11.20 Black Box
11.20.1 Black Box Corporation Information
11.20.2 Black Box Business Overview
11.20.3 Black Box Connected Building Solution Product Features and Attributes
11.20.4 Black Box Connected Building Solution Revenue and Gross Margin (2020-2025)
11.20.5 Black Box Recent Developments
11.21 Delta Controls
11.21.1 Delta Controls Corporation Information
11.21.2 Delta Controls Business Overview
11.21.3 Delta Controls Connected Building Solution Product Features and Attributes
11.21.4 Delta Controls Connected Building Solution Revenue and Gross Margin (2020-2025)
11.21.5 Delta Controls Recent Developments
12 Connected Building SolutionIndustry Chain Analysis
12.1 Connected Building Solution Industry Chain
12.2 Upstream Analysis
12.2.1 Upstream Key Suppliers
12.3 Middlestream Analysis
12.4 Downstream Sales Model and Distribution Networks
12.4.1 Sales Channels
12.4.2 Distributors
13 Connected Building Solution Market Dynamics
13.1 Industry Trends and Evolution
13.2 Market Growth Drivers and Emerging Opportunities
13.3 Market Challenges, Risks, and Restraints
14 Key Findings in the Global Connected Building Solution Study
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.1.1 Research Programs/Design
15.1.1.2 Market Size Estimation
15.1.1.3 Market Breakdown and Data Triangulation
15.1.2 Data Source
15.1.2.1 Secondary Sources
15.1.2.2 Primary Sources
15.2 Author Details
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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