Summary: Smart Building IoT market forecasted to grow at 21.19% CAGR through 2030

From Globe Newswire: 2025-04-15 11:00:00

QKS Group’s latest analysis of the Smart Building IoT (SBIoT) Market forecasts a strong growth phase with a 21.19% CAGR through 2030. Smart Building IoT platforms are key to modernizing urban infrastructure and achieving sustainability goals, integrating building systems for energy optimization and data-driven decision-making.

According to Divya Prakash from QKS Group, Smart Building IoT platforms are foundational for intelligent energy and asset management, leveraging AI, edge computing, and data interoperability. The market analysis includes insights on global and regional adoption trends, competitive benchmarking, industry use cases, and technology evolution to support net-zero ambitions.

Key industry players in the Smart Building IoT market include Accruent, Carrier, Johnson Controls, Schneider Electric, Siemens, and more. Understanding sector-specific adoption trends and emerging technologies is crucial for vendors to unlock new growth avenues and meet demands for energy efficiency, safety, and sustainability.

To access exclusive market insights and forecasts, including regional market reports, competitive landscape analysis, and industry trends, connect with QKS Group. As a leading global advisory and research firm, QKS Group empowers technology innovators and adopters to achieve their digital transformation objectives through strategic intelligence and informed decision-making.



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