Smart Building Market | 2021 - 26 | Industry Share, Size, Growth - Mordor Intelligence - 0 views
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cferiante on 29 Sep 21"The smart building market was valued at USD 82.55 billion in 2020 and is expected to reach USD 229.10 billion by 2026 at a CAGR of over 11.33% over the forecast period (2021 - 2026). Growing energy concerns, increasing government initiatives on smart infrastructure projects are driving the market's growth positively. Solutions, such as the Building Energy Management System, Infrastructure Management System, and Intelligent Security System, are being adopted for smart buildings. BEMS is integrated, computerized systems for monitoring and controlling energy-related building services plant and equipment, such as HVAC systems and lighting, among others"