Smart building and aquaculture technology markets projected to grow by 2035

Market research from Astute Analytica forecasts significant growth in both the smart building IoT and aquaculture technology sectors over the next decade.

The smart building and building IoT market is expected to expand from an estimated $118 billion in 2025 to $335 billion by 2035, representing a compound annual growth rate (CAGR) of 11.0%. This growth is driven by the integration of AI, IoT, and cloud computing to optimize energy efficiency, reduce environmental impact, and enable predictive maintenance in commercial, residential, and healthcare facilities.

Simultaneously, the aquaculture technology market is projected to grow from $5 billion in 2025 to $20 billion by 2035, with a CAGR of 15.1%. The shift toward smart aquaculture involves using IoT sensors for water quality monitoring and AI for optimizing feeding and disease detection. Technologies such as Recirculating Aquaculture Systems (RAS) are also gaining traction as methods to improve sustainability and resource efficiency.