Charts & StatsSep 2, 2026

Global Smart Building market [2017-2025] by South America

By South America, the market is segmented into South America, Brazil, Chile, Peru, and Rest of South America (2017-2025)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Smart Building market [2017-2025] by South America — full underlying data
Label	South America	Brazil	Chile	Peru	Rest of South America
2017	293.5 USD Mn	113.4 USD Mn	60.7 USD Mn	42.0 USD Mn	77.3 USD Mn
2018	330.5 USD Mn	127.8 USD Mn	68.6 USD Mn	47.7 USD Mn	86.4 USD Mn
2019	372.7 USD Mn	144.2 USD Mn	77.7 USD Mn	54.1 USD Mn	96.7 USD Mn
2020	421.2 USD Mn	163.0 USD Mn	88.1 USD Mn	61.7 USD Mn	108.5 USD Mn
2021	477.7 USD Mn	184.8 USD Mn	100.3 USD Mn	70.4 USD Mn	122.1 USD Mn
2022	544.4 USD Mn	210.7 USD Mn	114.7 USD Mn	80.9 USD Mn	138.2 USD Mn
2023	624.9 USD Mn	241.8 USD Mn	132.1 USD Mn	93.6 USD Mn	157.4 USD Mn
2024	724.0 USD Mn	280.2 USD Mn	153.6 USD Mn	109.2 USD Mn	181.1 USD Mn
2025	849.4 USD Mn	328.6 USD Mn	180.9 USD Mn	129.1 USD Mn	210.8 USD Mn

Data Source: Wantstats Repository

Market Dynamics

Brazil accounted for the largest market share in 2018 in the South America smart building market , and is expected to reach USD 328.60 Million in 2025 from USD 127.80 Million in 2018. However, Peru is the fastest growing market, which is expected to grow at a CAGR of 15.60% 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 272.60 Million in 2025 from USD 116.90 Million in 2018. This market is projected to grow at a CAGR of 13.14% 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 16.80% during the forecast period 2019 - 2025. commercial segment accounted for the largest market share in 2018, this market is expected to reach USD 346.10 Million in 2025 from USD 139.90 Million in 2018. This market is projected to grow at a CAGR of 14.08% during the forecast period from 2019 - 2025. However, residential segment is the fastest growing market, which is expected to grow at a CAGR of 16.69% 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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I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.

Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.

Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.

Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.

Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.

Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.

Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.

Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!

Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.

Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Global Smart Building market [2017-2025] by South America

South America Smart Building Market Forecast (2017-2025)

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