Connected buildings: efficiency and global growth
Connected buildings: efficiency and global growth
The connected building market is set to grow from $79.63 billion in 2024 to $88.27 billion in 2025, driven by energy efficiency, smart cities, and technologies such as the Internet of Things, artificial intelligence, and digital twins.
Connected buildings are no longer a technological promise but a strategic reality in the property sector. The global market is expanding rapidly, fuelled by the integration of Artificial Intelligence (AI), Internet of Things (IoT) sensors, 5G networks, and digital twins. This convergence enables more efficient energy management, enhances security, and improves occupant comfort. Automation of Heating, Ventilation and Air-Conditioning (HVAC) systems, lighting, and access control is no longer a novelty but a requirement in projects aiming for sustainability and urban resilience.
Major companies are reshaping their structures to lead this transformation. Schneider Electric has established a dedicated smart buildings division, while Johnson Controls has strengthened its position through the acquisition of FM Systems, a specialist in digital space management. These corporate moves reflect a clear commitment to solutions that not only save energy but also enhance user experience and enable smarter planning of the built environment.