Top 13 Smart Building Companies in the World; 2024 Review

Smart building companies are modernizing antiquated systems for the digital era. They are cutting carbon footprints and increasing operating efficiency. Automated temperature control lowers energy expenses in modern construction HVAC systems. Sensors are used by security systems to monitor occupancy and identify carbon monoxide. Intelligent construction methods are effective. They enable unprecedented levels of building monitoring and operation.

Smart building companies specializing in designing, constructing, and managing smart buildings are known for using cutting-edge technology and automation systems to maximize space utilization, improve energy efficiency, and create a secure and comfortable living environment for their residents.

These businesses develop smart buildings that can monitor and control lighting, security, HVAC, and other systems in real time using cutting-edge technology like IoT, AI, and cloud computing. They provide a variety of services, such as smart building system design, installation, upkeep, and updates. To enhance building occupants’ quality of life while they reduce carbon emission in construction and energy consumption, smart building firms are leading the way in the sustainable building movement.

The Purpose of Smart Building Companies

It should come as no surprise that smart building companies are proliferating throughout the world’s construction sector. To reduce the energy and environmental effects of buildings, a growing number of large and medium-sized US communities are forcing owners of commercial buildings to reveal their green building performance.

Smart building systems that include contemporary control and automation methods can:

Produce significant energy savings,
Promote sustainability and protect the environment,
Improve the health and safety of its occupants,
And enhance the quality of life for those who reside within it.

However, just like anything else, smart buildings have benefits and drawbacks. Here are a few of the most important ones you should be aware of.

Advantages

When creating a smart building, these five advantages should be taken into account in addition to increased energy efficiency and self-regulation:

Enhanced Efficiency and Decreased Energy Consumption: By installing smart sensors in several locations, energy consumption from temperature control systems and lighting can be considerably reduced, since they will only operate when necessary. By doing this, the building’s resource efficiency is maximized, office conflicts over thermostats are resolved (much appreciated, don’t you think? ), and the building’s carbon emissions and electricity costs are decreased.

Access to Better Insights and Visualization With Big Data: These structures constantly gather vast volumes of data. With this data, smart building companies can spot patterns and find areas for optimization, giving decision-makers the ability to make well-informed, data-driven choices about the building’s design.

Predictive Maintenance: Systems in a building can have unseen failures from time to time that can go unnoticed and cause major flaws in the future. Buildings with smart technologies can identify these failures quickly, identify the reasons behind them, and determine which problems need to be fixed first. Stated differently, they avert fires rather than extinguishing them.

Better Space Usage: Smart buildings are designed to make the experience of their inhabitants more pleasant and seamless. After 2020, when everyone became keenly conscious of spatial limitations, smart spaces take into account how to maintain profitability while adhering to health and safety rules and raising the bar.

Better Building Value: Make no mistake, a smart building raises its market value once it has all the proper smart technologies implemented. According to a Fortune Business Insight report, smart building revenues in North America alone are expected to reach $34.2 billion (USD) by 2026. Global smart building revenues are projected to reach $127.09 billion (USD) by 2027, indicating a notable compound annual growth rate (CAGR) of 12.5% between 2020 and 2027.

What are Smart Building Companies and Why do they Matter?

Nowadays, there are a lot of inefficient buildings. They rely on several building systems that run separately. About 30% of a building’s energy is lost when its systems run in isolation. Building activities are streamlined by smart building companies. Every system in the facility is integrated into a single network architecture that is administered by IT.

Internet of Things (IoT) sensors and analytical software are used in smart building solutions. Building managers can control systems in real time because of the mix of technologies. A building’s increased efficacy lowers its carbon footprint and energy consumption. Better operations lower utility bills and avert costly equipment failures.

Smart building companies can optimize lighting, control interior temperature, and enhance air quality. Through the detection of carbon monoxide, they can even improve safety. IoT devices are more widely available and prevalent than ever. Globally, there were 11.3 million devices in 2021; by the early 2030s, that figure is predicted to nearly triple.

IoT devices are used by smart building solution businesses to expand the realm of possibilities. They also don’t appear to be slowing down. The global market for smart building companies is doing well. In 2021, its valuation was $53.54 billion. And by 2030, it’s predicted to reach about $115.19 billion.

Top 13 Smart Building Companies in the World

Here is a list of the top 13 smart building companies in the world worth learning about:

Suggested article to read: 13 Top IoT Companies in World (2024)

1. Pixmoving

Location: San Francisco, California, United States
Employees: 14
Founded: 2017
Funding: 11,732,185 USD

Pixmoving is one of the smart building companies that use its unique Ultra-skateboard chassis architecture to develop and produce next-generation smart cars. PIX leads the way in developing innovative smart connected automobiles worldwide. A wide range of purpose-made robot vehicles, commercial vehicles, and passenger cars can be designed and developed based on the research and development of the PIX Ultra-skateboard chassis platform. At the moment, PIX goods are available in 20 countries, and the business is expanding quickly.

With over 30 application scenarios covered globally, PIX is a full-stack autonomous driving company offering the most adaptable scenario solutions because of its modular architecture, which also makes its products more intelligent and flexible. Additionally, PIX has created the dieless forming method, real-time production, and the award-winning large-scale in-house metal 3D printing system.

In addition to reducing vehicle parts and assembly work by 70%, PIX’s patented vehicle generative design algorithms are revolutionizing the automotive industry from start to finish, paving the way for the production of the next generation of smart vehicles and facilitating easier maintenance.

2. H3 Dynamics Holdings

Location: Singapore, Singapore
Employees: 13
Founded: 2015
Funding: 33,950,000 USD

The multinational advanced air mobility technology company H3 Dynamics is one of the smart building companies that aim to decarbonize air travel. Beginning with a NASA-backed effort in 2006, the company has been conducting cutting-edge research and development in hydrogen flight for the past 15 years. In 2015, it purchased the HES Energy Systems section from Horizon Fuel Cell Technologies. To eventually carry passengers, it is creating hydrogen propulsion systems for fixed-wing and multirotor aerial vehicles that are first intended to target data services and air cargo. The company’s primary product offering is software as a service, which uses a single, integrated cloud platform to automate drone hardware and software solutions.

Autonomous outcomes are sold as a service by the corporation in several industry sectors and regions, including the US, Canada, Latin America, France, Singapore, Japan, Australia, and Hong Kong. The business has created exclusive machine learning-based engineering solutions for mapping and fixing defects in the built environment, utilities, and the maritime industry. In addition to drones, its digital services platforms can process a variety of unstructured data types from fixed and portable sensor and camera systems. The business has created an infrastructure solution for drone automation that connects to the unified cloud offering and serves as a self-sufficient nesting station for drone hardware from other companies.

Dubbed DBX, the station can be placed on building rooftops or at remote customer locations. It homes, stores, charges, and launches drones from a nesting station. The drone stations support several drones, multiple communications, multiple Os, and multiple sensors. These telerobotics devices are UTM-capable thanks to a global collaboration with THALES, and they are ready for 5G. Larger, longer-range hydrogen-powered unmanned systems are being developed concurrently by the business and will be launched within the next one to two years as a next step. With its distinct proprietary technology, H3 Dynamics is developing innovative products and solutions for both manned and unmanned aviation, including distributed hydrogen-electric propulsion systems and refueling techniques.

Suggested article to read: 11 Top IoT Companies in Saudi Arabia (2024)

3. Verkada

Location: San Mateo, California, United States
Employees: 455
Founded: 2016
Funding: 141,900,000 USD

Verkada is one of the smart building companies that create cutting-edge security systems to support businesses in managing safer, more intelligent buildings. Our goal is to bring enterprise-building security into the modern era. Verkada’s enterprise security solution integrates sophisticated, cloud-based software with simple-to-install security cameras, environmental sensors, alerts, and access control into a scalable, user-friendly system.

Verkada is used by more than 9700 organizations—40+ of which are Fortune 500 companies—to secure premises, safeguard personnel and property, and obtain fresh insights that boost operational effectiveness. The goal of Verkada is to become the global operating system for all buildings. Hans Robertson, a former co-founder and COO of Cisco Meraki, and computer scientists and security specialists from Stanford University formed the business.

4. Spaceti

Location: Prague, Praha, Czechia
Employees: 32
Founded: 2016
Funding: 5,000,000 USD

Because Spaceti B.V Holding is one of the smart building companies that provide a unique SaaS platform to securely and effectively manage spaces ranging from individual offices to entire campuses, it was crowned the world’s top prop-tech startup by MIPIM. The combination of the Workplace Analytics suite, which gathers data from our proprietary or third-party sensors (desk/room/parking space occupancy), with indoor air quality management (temperature, humidity, CO2, etc.), and a Workplace App, which provides booking and communication functionality, is a result of Spaceti’s holistic approach to space management and the growing trend of employers adopting flexible work models.

suitable with the most widely used office solutions’ hardware (Gantner lockers, Cisco cameras, etc.). Spaceti provides corporate real estate managers and landlords with a safe and healthy work environment while providing the holy grail of cost savings and an ROI of up to 300% in a matter of months. Your staff may confidently return to a more productive workplace with Spaceti.

5. Redaptive, Inc

Location: San Francisco, California, United States
Employees: 107
Founded: 2015
Funding: 196,499,951 USD

Adaptive is one of the smart building companies that increase the efficiency of buildings one kWh at a time. Through its Efficiency-as-a-Service (EaaS) platform, it removes obstacles to portfolio-wide energy efficiency installations, enabling businesses to manage their real estate assets and save millions on energy costs. The EaaS platform of the company lays the groundwork for upcoming investments in resource efficiency and innovative smart building technologies. Customers of Redaptive saved a net of more than $20 million on their energy expenses in 2017. Adaptive changes how buildings use resources, improving them for people, the environment, and financial performance.

By removing these obstacles and enabling enterprises to accelerate efficiency renovations across their worldwide real estate portfolios, the company offers a proven and innovative saved energy service. Building portfolio-scale energy and efficiency upgrade programs, such as HVAC and LED lighting, among others, to reduce utility bills and generate benefits without risk or upfront outlay, requires a data-driven strategy. Located in San Francisco, California, and founded in 2013, their innovative team of business and technology specialists is the driving force behind their success in providing a ground-breaking platform that speeds up the adoption of energy efficiency.

Suggested article to read: 11 Top IoT Companies in Middle East (2024)

6. Rever, Inc

Location: San Mateo, California, United States
Employees: 38
Founded: 2015
Funding: 3,999,999 USD

Founded in 2015, Rever is a Silicon Valley-based firm that aims to rehumanize people at work. Its founders combined their expertise from working at Toyota, Airbus, IBM, Procter & Gamble, SAP, LinkedIn, and a few other digital startups. Rever is a Connected Worker Platform that supports multinational manufacturers in achieving Frontline Excellence by assisting them in managing and resolving daily shopfloor issues.

With the use of AI, its Frontline staff members and managers utilize Rever’s app to uncover hidden losses in their day-to-day operations, activate and link the appropriate parties to address them, and magnify the effect throughout the entire company. Leading businesses using Rever to propel Frontline Excellence include Thermo Fisher Scientific, Grupo Bimbo, GlaxoSmithKline, Hyundai, Bridgestone, BASF, Mars, and Mitsubishi Heavy Industries.

7. Arloid Automation

Location: Singapore, Singapore
Employees: 34
Founded: 2019
Funding: 6,900,000 USD

They fix real estate’s energy inefficiencies. Leading provider of AI-based solutions, Arloid Automation is one of the smart building companies that make it easier to manage MEP (mechanical, electrical, and plumbing engineering) systems for a variety of real estate properties worldwide. Real estate management firms may now achieve their sustainability and financial goals thanks to our proprietary algorithm, which combines the strengths of digital twins and deep reinforcement learning. The arloid.ai solution is easy to use and administer.

It precisely and intelligently modifies HVAC system settings in real-time, saving up to 40% on utility costs and lowering carbon emissions. Our risk-free and tested solution produces quantifiable results in less than 60 days with zero CAPEX and no extra hardware installation. Arloid Automation is based in London, United Kingdom, and has representative offices in Singapore and Dubai in addition to a robust global partner network.

8. Dwelo

Location: Draper, Utah, United States
Employees: 65
Founded: 2014
Funding: 113,785,246 USD

The goal of the Smart Device Management (SDM) platform Dwelo is to raise the Net Operating Income of multifamily owners. Dwelo is one of the smart building companies that provide robust online and mobile software by connecting to switches, locks, thermostats, and other devices and pairing them with their hub. Residents live in the future, managers turn labor-intensive tasks into click-intensive ones, and owners reap substantial profits.

The best and only smart home platform designed specifically for the multifamily market is Dwelo. In addition to increasing the effectiveness of property operations, its software, hardware, and service platform allow owners and managers of multifamily properties to provide smart homes as a perk to their tenants. Its head office is in Draper, Utah, and it was established in 2014.

9. Voltus, Inc.

Location: San Francisco, California, United States
Employees: 87
Founded: 2016
Funding: 66,100,000 USD

Voltus stands for the “Potential of us” to improve energy management through straightforward, low-risk, and cost-effective distributed energy resource initiatives. They make money for our business and industrial clients by leveraging their operational flexibility in the energy markets. Voltus is one of the smart building companies that benefit when our clients profit from working together and splitting the money. Working with Voltus also comes with major community benefits, such as a cleaner, more dependable energy future, and money that is invested in your business rather than going toward a bigger energy bill.

Suggested article to read: 10 Top IoT Companies in Denmark (2024)

10. Meshare Inc.

Location: Champaign, Illinois, United States
Employees: 34
Founded: 2014
Funding: 23,500,001 USD

Since its founding in 2014, meShare is one of the smart building companies that have concentrated on developing an open cloud platform to support more companies in joining the IoT revolution and offering better IoT solutions that satisfy customers’ demands. To make this a reality, they have constructed our own data center in the United States and collaborated with smart home product teams to revolutionize the way their clients use their gadgets

. Millions of people use meShare as a consequence to connect with loved ones, share and cherish memorable moments, and keep their homes and businesses safe. MeShare assists product teams in achieving their IoT goals by providing a range of solutions and cloud video services. The service offering doesn’t end with development and launch; it keeps going beyond launch to support the expansion of its products.

11. Plant Prefab

Location: Rialto, California, United States
Employees: 31
Founded: 2016
Funding: 38,642,297 USD

The first Certified B CorporationTM provider of building technologies, Plant Prefab is one of the smart building companies that is committed to using sustainable design, materials, and business practices. With the use of the company’s unique Plant Building SystemTM, which uses fully configurable Plant PanelsTM and Plant ModulesTM, and advanced digital modeling, architects, developers, general contractors, and individuals may design and construct custom housing 20–50% faster than with site-based methods.

The approach outperforms conventional offsite and onsite building techniques in terms of quality control, design flexibility, and time, cost, and material efficiency. Plant Prefab, a house prefabricated to build a better society by design, was the first to proclaim a net zero target and has been operating carbon-neutrally since 2020.

12. Switch Automation

Location: Denver, Colorado, United States
Employees: 53
Founded: 2012
Funding: 13,000,000 USD

Global real estate software provider Switch Automation is one of the smart building companies that assist facility managers and property owners in lowering operational expenses, increasing energy efficiency, and providing outstanding tenant satisfaction. To monitor, automate, and control assets in real-time, our all-inclusive smart building platform connects with both conventional building systems and Internet of Things (IoT) technologies. We work with partners and business clients in a range of sectors, including retail, grocery, commercial real estate, financial services, and more.

Suggested article to read: 11 Best IoT Consulting Services Providers in 2024

13. Infogrid

Location: London, England, United Kingdom
Employees: 27
Founded: 2018
Funding: 15,500,000 USD

An AI technology startup called Infogrid makes any building intelligent and automates facilities management. Infogrid is one of the smart building companies that optimize and automate building management by combining IoT sensors with AI, enhancing safety while saving money, time, and the environment. Sensors are inexpensive, tiny, and unobtrusive. It takes minutes to implement. Data is simply integrated into current systems and converted into meaningful energy and cost-saving insights through the use of proprietary algorithms and machine learning. Delivering a genuinely smart building has never been simpler thanks to Infogrid’s end-to-end solution.

What to Consider When Choosing Smart Building Companies

When it comes to smart building design, no two organizations will have the same demands because technology in buildings is typically customized. However, while determining the smart building companies that are best for you, there are a few crucial things you should ask any smart building business.

1. How Well do your Systems Work Together?

Most importantly, integration is crucial. It’s critical to know if any smart building items you plan to purchase will integrate with your current systems, such as your video monitoring software. Ask any smart building companies you are thinking about doing business with if their systems will function with the ones you already have installed. Ideally, they should be able to operate together smoothly to create a genuinely smart, integrated building.

Suggested article to read: Top 19 IoT Applications in 2024

2. Can Smart Building Systems be Scaled Up or Down?

It’s critical to understand that smart building technologies are adaptable in case your company’s needs alter before investing. Your company will probably undergo several changes in the coming years, from adding more space to installing new HVAC systems, therefore you must have a smart building system that can develop and grow with your company.

3. Smart Infrastructure Installation Costs

How much will it cost to integrate your smart building technology and have it installed? To select a system and an installation business that works for you, be sure to receive numerous quotations from different smart building companies since their pricing can vary.

4. Smart Infrastructure Maintenance Costs

Since smart building technology is a living, breathing system, for your building to continue performing as intended, every system needs to be in optimal operational condition. Therefore, plan for any possible recurrent maintenance and repair costs. Seeking smart building companies that can remotely release updates could help you save money instead of employing an engineer to install and upgrade your systems by hand. This should ensure that you’re always using the newest technology and minimize system downtime.

Suggested article to read: The Ultimate Guide to IoT Sensor in 2024

Conclusion

Energy conservation and sustainability are being spearheaded by smart building companies. Furthermore, enterprise-level businesses can no longer only use smart building technologies. Smart technology may help businesses of all sizes lower their carbon impact. Building operations are being reimagined by smart building companies. They’re also benefiting the environment.

Urban transformation is led by smart city solution businesses. To build sustainable and effective urban settings, they make use of cutting-edge technology like artificial intelligence (AI), data analytics, and the Internet of Things (IoT). To enhance the standard of living for city dwellers, these trailblazers integrate several facets of urban life, ranging from public safety and healthcare to transportation and energy management. They create pathways for cities to become more eco-friendly, networked, and citizen-responsive through their innovative solutions, which will ultimately shape a more intelligent and dynamic urban future.

Using smart building technology in conjunction with your current video systems can help lower expenses, boost efficiency, and improve the security of commercial facilities. Commercial building owners and management have access to some amazing cutting-edge smart building solutions that enable them to make their buildings smarter and gather data to enhance building operations and systems for increased security in the future.