Business

Vietnam Smart Building Market Report 2024-2032, Exhibiting CAGR of 12.70%

IMARC Group has published a market research report titled “Vietnam Smart Building Market Report by Component (Hardware, Software, Service), Technology (Building Infrastructure Management (BIM), Security and Emergency Management, Energy Management, Network and Communication Management, Workforce Management, and Others), End User (Commercial, Residential, Government and Public Infrastructure, Healthcare, Education, Transport, Manufacturing and Industrial, and Others), and Region 2024-2032Vietnam smart building market size is projected to exhibit a growth rate (CAGR) of 12.70% during 2024-2032.  

The increasing urbanization and the push of government bodies towards smart cities and sustainable development are the factors responsible for the growth of the Vietnam smart building market. Additionally, a growing need for buildings that are efficient, safe, and environmentally friendly, is fueling the market. Besides this, smart buildings, equipped with advanced technologies like IoT sensors, energy management systems, and automated security, are becoming increasingly popular for their ability to significantly reduce energy consumption, optimize space usage, and enhance occupant comfort, which is further bolstering the market. Moreover, the demand for smart buildings is fueled by the rising awareness among corporations and individuals about the long-term benefits of investing in energy-efficient and high-tech building solutions, which is contributing to the expansion of the market.

Grab a sample PDF of this report: https://www.imarcgroup.com/vietnam-smart-building-market/requestsample

Vietnam Smart Building Market and Drivers:

The adoption of artificial intelligence and machine learning algorithms to further enhance building operations and maintenance is further augmenting the Vietnam smart building market. These technologies enable predictive maintenance, energy optimization, and personalized occupant experiences. In addition to this, there is also an increasing focus on cybersecurity measures within smart buildings, as the integration of digital technologies raises concerns about data privacy and security, thereby escalating the market. Furthermore, the market is seeing a move toward incorporating renewable energy sources, including solar panels, into smart buildings to promote sustainability, which is expected to drive the Vietnam smart building market in the coming years.

Report Segmentation:

The report has segmented the market into the following categories:

Component Insights:

  • Hardware
  • Software
  • Service
    • Professional Service
    • Managed Service

Technology Insights:

  • Building Infrastructure Management (BIM)
    • Parking Management System
    • Smart Water Management System
    • Elevators and Escalators Management System
  • Security and Emergency Management
    • Access Control System
    • Video Surveillance System
    • Safety System
  • Energy Management
    • HVAC Control System
    • Lighting System
  • Network and Communication Management
  • Workforce Management
  • Others

End User Insights:

  • Commercial
  • Residential
  • Government and Public Infrastructure
  • Healthcare
  • Education
  • Transport
  • Manufacturing and Industrial
  • Others 

Regional Insights:

  • Northern Vietnam
  • Central Vietnam
  • Southern Vietnam

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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