Latest News- AI In Smart Buildings And Infrastructure Market: Commercial is expected to lead the End-user segment during 2025-2029

The AI In Smart Buildings And Infrastructure Market is being driven by Enhanced security and safety measures

The AI In Smart Buildings And Infrastructure Market is expected to grow at a CAGR of 25.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 72874 million. The global push for energy efficiency and sustainability is fueling the growth of the AI in smart buildings and infrastructure market. Governments and businesses worldwide are making significant commitments to decarbonization targets and rigorous environmental regulations, necessitating innovative solutions to optimize energy usage in constructed environments. AI-driven systems surpass conventional building management systems by offering predictive analytics and autonomous optimization capabilities. These systems process extensive data from sensors, weather forecasts, occupancy trends, and utility rates to fine-tune HVAC, lighting, and other energy-intensive operations in real-time. For instance, in February 2024, Siemens Smart Infrastructure unveiled enhancements to its Building X platform, incorporating advanced AI algorithms for predictive maintenance and energy optimization. These advancements aim to minimize operational expenses and carbon emissions for commercial buildings. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Commercial
  • Industrial
  • Residential
  • Government and public sector
• Technology
  • Machine learning
  • Computer vision
  • Robotic process automation
  • Natural language processing
  • Others
• Application
  • Energy management
  • Building automation
  • Security and surveillance
  • Predictive maintenance
  • Others
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Enhanced security and safety measures
• Enhanced occupant experience and productivity
• Favorable government initiatives and policies

However, the market also witnesses some limitations, which are as follows:

• Data privacy and security concerns across regions
• High initial implementation costs and return on investment uncertainty
• Interoperability and integration complexities with legacy systems

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Market Scope in AI In Smart Buildings And Infrastructure Market Research Report

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Research Analysis Overview

In the AI-driven Smart Buildings and Infrastructure market, advanced automated control systems utilize sensor data fusion and building automation protocols. Data integration platforms enable the seamless merging of energy consumption modeling, performance monitoring tools, and remote diagnostics capabilities. System interoperability standards and network communication protocols ensure data security measures, access control systems, and building lifecycle management. Infrastructure resilience is enhanced through environmental monitoring systems, disaster preparedness planning, and smart metering systems. The building commissioning process, asset tracking systems, work order management, and facility maintenance scheduling are optimized using AI. Space utilization analysis, occupancy management strategies, tenant experience optimization, green building certifications, building codes compliance, energy audits, and sustainability reports are essential components of this innovative ecosystem.

Market Research Overview

In the realm of IT software, the global market encompasses businesses specializing in application and system software production. The application software sector specifically focuses on creating software tailored for business and consumer needs, incorporating enterprise and technical software, as well as cloud-based solutions. Notably, this category excludes companies producing interactive home entertainment software or systems and database management software. Within the application software domain, smart building automation, predictive maintenance via AI, IoT sensor networks, and Building Information Modeling (BIM) are significant trends. These technologies facilitate optimized energy consumption, improved maintenance schedules, and enhanced operational efficiency for infrastructure and buildings. As per Technavio's analysis, the global IT software market size is determined by the consolidated revenue of all IT software providers, including those offering cloud-based solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/