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Global Smart Building market [2017-2025] by Middle East and Africa

By Middle East and Africa, the market is segmented into Middle East and Africa, Rest of Middle East and Africa, Israel, Saudi Arabia, and uae (2017-2025)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Smart Building market [2017-2025] by Middle East and Africa — full underlying data
LabelMiddle East and AfricaRest of Middle East and AfricaIsraelSaudi Arabiauae
694.8694.8 USD Mn211.3 USD Mn58.7 USD Mn148.2 USD Mn276.6 USD Mn
815.0815.0 USD Mn244.1 USD Mn67.4 USD Mn176.6 USD Mn326.8 USD Mn
956.8956.8 USD Mn282.3 USD Mn77.5 USD Mn210.7 USD Mn386.3 USD Mn
1125.21125.2 USD Mn327.0 USD Mn89.2 USD Mn251.7 USD Mn457.3 USD Mn
1327.21327.2 USD Mn379.9 USD Mn103.0 USD Mn301.7 USD Mn542.6 USD Mn
1573.01573.0 USD Mn443.5 USD Mn119.5 USD Mn363.2 USD Mn646.7 USD Mn
1877.41877.4 USD Mn521.4 USD Mn139.7 USD Mn440.5 USD Mn775.9 USD Mn
2262.82262.8 USD Mn619.0 USD Mn164.8 USD Mn539.4 USD Mn939.6 USD Mn
2764.12764.1 USD Mn744.8 USD Mn197.1 USD Mn669.4 USD Mn1152.8 USD Mn

Data Source: Wantstats Repository

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Growth Outlook

  • The 2025] by Middle East and Africa portion of the Global Smart Building market [2017 market is on a steady long-term growth path. Segment value stands at roughly USD 3755 Mn in 1877.4 and is projected to reach USD 5528 Mn by 2764.1 — a gain of about 47% over the forecast period, translating to a CAGR in the low single digits.
  • uae accounted for the largest market share in 2018 in the Middle East and Africa smart building market, and is expected to reach USD 1152. 80 Million in 2025 from USD 326.
  • What the regional split looks like (1877.4): Middle East and Africa leads, holding roughly 50% of segment value — the single largest regional share. uae is the second-largest contributor. Rest of Middle East and Africa, Saudi Arabia and Israel make up the remainder, in descending order.
  • By 2764.1, Middle East and Africa alone is expected to reach USD 2764 Mn, with uae at USD 1153 Mn.

Market Dynamics

uae accounted for the largest market share in 2018 in the Middle East and Africa smart building market, and is expected to reach USD 1152.80 Million in 2025 from USD 326.80 Million in 2018. However, Saudi Arabia is the fastest growing market, which is expected to grow at a CAGR of 21.25% during the forecast period 2019 - 2025. building energy management system segment accounted for the largest market share in 2018, this market is expected to reach USD 936.50 Million in 2025 from USD 287.80 Million in 2018. This market is projected to grow at a CAGR of 18.63% during the forecast period from 2019 - 2025. However, network management system segment is the fastest growing market, which is expected to grow at a CAGR of 21.40% during the forecast period 2019 - 2025. commercial segment accounted for the largest market share in 2018, this market is expected to reach USD 960.50 Million in 2025 from USD 291.40 Million in 2018. This market is projected to grow at a CAGR of 18.84% during the forecast period from 2019 - 2025. However, residential segment is the fastest growing market, which is expected to grow at a CAGR of 21.44% during the forecast period 2019 - 2025.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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