Smart Building Market size worth USD 215.52 Billion, Globally, by 2030 at 11.1% CAGR: Verified Market Research®
The "Global Smart Building Market Size By Component (Services, Solutions), By Application (Commercial, Residential), By Geographic Scope And Forecast" report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Smart Building Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Sept. 28, 2023 /PRNewswire/ -- The Global Smart Building Market is projected to grow at a CAGR of 11.1% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 92.85 Billion in 2022 and is expected to reach USD 215.52 Billion by the end of the forecast period.
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Market Research Unveils Tremendous Growth Prospects in the Global Smart Building Market
Verified Market Research®, a leading market research firm, is pleased to announce the release of its comprehensive report on the Global Smart Building Market. The report sheds light on the transformative impact of smart technology on the construction and real estate sectors, offering invaluable insights into market drivers, outlook, and key players driving this dynamic industry forward.
Smart Building Market Drivers
The Global Smart Building Market is experiencing remarkable growth, thanks to a confluence of compelling drivers:
Smart Building Market Outlook
The Global Smart Building Market is poised for exponntial growth in the foreseeable future. Market players can anticipate robust opportunities in the following areas:
Smart Building Market Key Players
Prominent players in the Global Smart Building Market include Honeywell International, Siemens AG, ABB Ltd., Schneider Electric SE, IBM Corporation, Hitachi, Larsen & Toubro Technology Services, Logicladder, BOSCH, Cisco Systems Inc., INTEL Corp., LG Electronics Inc., who are at the forefront of driving innovation, enhancing security, and meeting the growing demand for Smart Building.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Smart Building Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Smart Building Market into Component, Application, And Geography.
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