Global smart building market was valued at USD9366 million in 2019 and is expected to grow at a CAGR of more than 32% during the forecast period. The major factors driving the market include growing need for integrated security and safety systems coupled with the increasing government focus on smart cities. Smart building refers to the automatic and centralized control of a building’s heating, ventilation, air conditioning, lighting, security and other systems. Smart building reduces energy consumption and reduce the overall operational cost.

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The outbreak of pandemic has setback global economy in the first half of 2020. However, the economy is now stabilizing because of easing restrictions in the countries and lifting the lockdown. The market is expected to make a comeback by 2021 and continue the impressive growth for the forecast period.

Some of the leading players in the global smart building market are Honeywell International, ABB Ltd., Schneider Electric, Siemens, Cisco, Johnson Controls, Emerson Electric, Legrand, United Technologies Corporation, etc.
Global smart building market was valued at USD9366 million in 2019 and is expected to grow at a CAGR of more than 32% during the forecast period. The major factors driving the market include growing need for integrated security and safety systems coupled with the increasing government focus on smart cities. Smart building refers to the automatic and centralized control of a building’s heating, ventilation, air conditioning, lighting, security and other systems. Smart building reduces energy consumption and reduce the overall operational cost. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=1613 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/global-smart-building-market/1613.html The outbreak of pandemic has setback global economy in the first half of 2020. However, the economy is now stabilizing because of easing restrictions in the countries and lifting the lockdown. The market is expected to make a comeback by 2021 and continue the impressive growth for the forecast period. Some of the leading players in the global smart building market are Honeywell International, ABB Ltd., Schneider Electric, Siemens, Cisco, Johnson Controls, Emerson Electric, Legrand, United Technologies Corporation, etc.
Smart Building Market 2026By Size, Share, Trends, Growth, Forecast | TechSci Research
Smart Building Market By Size, Share, Trends, Growth, Forecast 2026, Segmented By Building Automation Software, By Services, By Building Type, By Region, Competition Forecast and Opportunities
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