Smart buildings in nonresidential construction to top $141 billion by 2030

The Business Research Company says the nonresidential smart buildings market will exceed $141 billion by 2030, driven by energy management, IoT integration and automated security systems. Asia-Pacific is projected to lead growth, while VINCI S.A. is expected to remain the top company in 2025.

Why it matters: - Smart buildings are moving from a niche upgrade to a major spend category in nonresidential construction. - The market is projected to exceed $141 billion by 2030. - That scale would make smart buildings about 4% of the expected $3,721 billion nonresidential building construction market. - The segment would also represent nearly 1% of the broader $21,691 billion construction industry.

What happened: - The Business Research Company released a 2026 market report on smart buildings in nonresidential buildings. - The report covers market size, trends and a global forecast through 2035. - The report says the smart buildings market will grow at a 13% compound annual growth rate through 2030. - Asia-Pacific is projected to be the largest regional market in 2030. - VINCI S.A. is expected to hold the leading market position in 2025 with a 2% share. - The top 10 companies are projected to control 22% of the market. - The report includes a free sample and the full report.

The details: - Building energy management systems are the biggest driver of growth. - Property owners are using BEMS to control HVAC, lighting, ventilation and power use. - The report says BEMS adoption should add about 3.0% to annual market growth. - IoT integration is another growth engine. - Smart sensors, connected devices, cloud computing and AI analytics support real-time monitoring, predictive maintenance and centralized control. - The report says IoT integration should contribute about 2.9% to yearly growth. - Demand is also rising for advanced security and building automation systems. - Those systems combine AI surveillance, biometric access, intrusion detection, visitor management, lighting control, HVAC control and elevator control. - The report says this trend should add roughly 2.8% to annual growth. - BEMS is expected to be the largest automation type in 2030, at 40% of the market and about $57 billion. - The market is segmented by product type into institutional and commercial buildings. - The market is also split by system type into new construction and remodeling. - Applications include government, airports, hospitals, educational institutions, manufacturing sites and other use cases. - Asia-Pacific is forecast to reach $57 billion in 2030, up from $30 billion in 2025, at a 14% CAGR. - The United States is expected to be the largest single-country market in 2030 at $36 billion, up from $22 billion in 2025, at an 11% CAGR. - The report says the fastest-growing segments include BEMS, intelligent security systems, infrastructure management and network management systems. - Those segments are expected to add more than $64 billion in market value by 2030. - BEMS is projected to add $27 billion between 2025 and 2030. - Intelligent security systems are projected to add $18 billion. - Infrastructure management systems are projected to add $12 billion. - Network management systems are projected to add $7 billion. - Honeywell International Inc. launched Honeywell Connected Solutions in June 2025. - The AI-based platform unifies building software and technologies under one interface for nonresidential properties. - The platform offers encryption, remote monitoring, predictive maintenance and energy management.

Between the lines: - The market outlook reflects a shift from standalone building controls to integrated digital infrastructure. - Energy efficiency is the central commercial theme, but security and operational automation are now moving in tandem. - The concentration among the top 10 companies suggests room for both large incumbents and specialized technology providers. - Moderate entry barriers point to interoperability, regulation and cybersecurity as the main hurdles for new entrants. - The report’s emphasis on AI and cloud tools signals that software capabilities are becoming as important as physical building systems.

What's next: - Growth will likely stay tied to sustainability rules, energy prices and corporate decarbonization goals. - Adoption should continue to rise in offices, hospitals, airports, campuses and industrial sites. - Vendors will likely compete more on integrated platforms, predictive analytics and secure remote operations. - The report says companies are focusing on automation, energy efficiency, sustainability infrastructure and AI-driven maintenance to compete.

The bottom line: - Smart buildings are becoming a core part of nonresidential construction spending, with BEMS, AI and IoT shaping the next phase of growth.