Market Size And Forecast: Smart Buildings Software 2020-2026 (Global)
Susan Clarke
Access this research
Access all Real Estate, Facilities & Workplace Tech content with a strategic subscription or buy this single report
Need help or have a question about this report? Contact us for assistance
Executive Summary
This report helps strategy, product and marketing officers at firms providing real estate and building management software solutions better understand market size, define business development strategies and forecast future revenue growth potential. The analysis combines updated macroeconomic data, supplier revenues, segment-level drivers and customer budget changes across five functionality segments (real estate investment, property, space, maintenance and energy management) and three regions globally. In 2022 the smart buildings software market will be worth $6.9 billion. The market encompasses property management, integrated workplace management systems (IWMS), computer-aided facilities management (CAFM) and computerized maintenance management systems (CMMS), as well as energy management, real estate investment and space utilization solutions. The overall smart buildings market has a growth trajectory of 7% CAGR, to reach $9.2 billion in 2026.The Smart Buildings Software Market Is Set To Rebound As The Pandemic Fades
Smart Buildings Software Market Size And Forecast Methodology
2021 Market-Size Data Are Calculated From Aggregate Supplier Revenues And Customer Penetration Data
The Market Forecast Reflects Macroeconomic Drivers And Long-Term Technology Investment Plans
Long-Term Workplace Changes And Cost Reductions Will Support Growth Across All Five Segments
Global Spending On Smart Buildings Software Will Grow To $6.9 Billion In 2022
Real Estate Investment Management Segment Will Benefit From Changing Portfolio Strategies And Responsible Investing
Lease Re-Evaluations And SLA Enforcement Will Spur Growth In The Property Management Segment
Hybrid-Enabled Workplaces And Employee Collaboration Will Support The Space And Workplace Management Segment
Maintenance Management Market Will Benefit From Demand For Cost Reduction And Mobile Apps
Energy And Sustainability Management Segment Will Benefit From Decarbonization Goals And Sustainable Building Reporting
Overall Software Market Expenditure Will Grow At A CAGR Of 7% To Reach $9.2 Billion By 2026
Smart Buildings Software Providers Face New Competitive Market Dynamics Over The Next Five Years
Figure 2. Verdantix Market Size And Forecast Approach
Figure 3. Share Of People Vaccinated Against COVID-19; Sept. 7, 2021 By Region
Figure 4. Change In Software Purchase Intentions From 2020 To 2021 Across 9 Areas
Figure 5. Updated Drivers Data Feeds 2020-26
Figure 6. Smart Buildings Software Spend By Software Segment (2020-26)
Figure 7. Smart Buildings Software Spend By Region (2020-26)
Figure 8. Smart Buildings Software Purchase Intentions In 2021 By Region
Figure 9. Smart Buildings Software CAGR By Software Segment (2021-26)
About the Authors
Joy Trinquet
Senior Analyst
Joy is a Senior Analyst at Verdantix, specializing in real estate, facilities and workplace technology, with a particular focus on integrated workplace management systems/conn...
View ProfileSusan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
Other related content
Verdantix data shows that 62% of capital project firms own software for the purpose of managing financial risk, with a further 31% either outsourcing the software or relying upon s...
Upcoming / 24 March, 2026
The short answer is yes – and for good reason. In 2025, average office occupancy in the UK hovered around 40%, the highest since the pandemic, but still far below pre-2020 norms. T...
18 February, 2026
In 2025, average UK office occupancy was around 40%, the highest level since the pandemic but still well below pre-pandemic norms. As organisations continue to bring people back in...
Upcoming / 26 February, 2026
2026 marks the year that LEGO made smart buildings mainstream. Well… not quite, but LEGO did release the Smart Brick, a LEGO brick with a speaker, accelerometers, light sensors, so...
12 January, 2026
Today’s facilities managers are no longer just responsible for keeping buildings running - they’re expected to deliver on sustainability goals, ensure energy resilience, and overse...
17 February, 2026
JP Morgan’s new headquarters at 270 Park Avenue, New York, have turned the lobby into a logic gate: no iris or fingerprint; no entry. What began as a voluntary programme is now the...
04 December, 2025