Charts & StatsSep 2, 2026

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

By Application, the market is segmented into Commercial, Industrial, Government & Public Infrastructure, and Residential (2017-2025)

Author: Wantstats Research TeamSource: Wantstats Repository

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Global Smart Building market [2017-2025] South America by Application — full underlying data
Label	Commercial	Industrial	Government & Public Infrastructure	Residential
2017	124.8 USD Mn	44.1 USD Mn	97.9 USD Mn	26.7 USD Mn
2018	139.9 USD Mn	48.9 USD Mn	111.2 USD Mn	30.6 USD Mn
2019	157.0 USD Mn	54.2 USD Mn	126.3 USD Mn	35.1 USD Mn
2020	176.6 USD Mn	60.3 USD Mn	143.9 USD Mn	40.3 USD Mn
2021	199.2 USD Mn	67.4 USD Mn	164.5 USD Mn	46.5 USD Mn
2022	225.9 USD Mn	75.6 USD Mn	189.0 USD Mn	54.0 USD Mn
2023	257.8 USD Mn	85.4 USD Mn	218.7 USD Mn	63.0 USD Mn
2024	296.9 USD Mn	97.5 USD Mn	255.4 USD Mn	74.3 USD Mn
2025	346.1 USD Mn	112.6 USD Mn	302.1 USD Mn	88.6 USD Mn

Data Source: Wantstats Repository

Market Dynamics

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] South America by Application

South America Smart Building Market By Application Forecast (2017-2025)

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