Smart Buildings Market
The smart buildings market involves integrating technologies like IoT and AI into physical structures to automate and improve building operations, maintenance, and efficiency. Key customers include operators and owners of commercial, residential, and industrial buildings. The market's growth is primarily driven by the increasing global demand for energy and government initiatives promoting green technologies and energy efficiency.
CAGR
30.7%
Compound Annual Growth Rate
Current Value
$215.9B
Estimated 2026
Projected Value
$1.84T
By 2034
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