The new report titled ‘Global Smart Buildings Market’, published by Emergen Research, Increasing investment in smart technologies helps to increase efficiency of smart buildings. Intelligent buildings allows leveraging of the latest innovations in an intuitive way. Smart buildings with automated door opening, voice control devices, and fall detection provide comfortable and easier accessibility for disabled persons. Increasing need for more efficient space utilization and enhanced energy efficiency and sustainable buildings are some other key factors driving growth of the global smart buildings market.     

The global smart buildings market size is expected to reach USD 141.71 Billion in 2028 and register a revenue CAGR of 9.9% over the forecast period, according to the latest report by Emergen Research. Increasing number of smart cities across the globe and rising adoption of IoT-enabled Building Management Systems (BMS) and deployment of embedded sensors in buildings and devices are driving global smart buildings market revenue growth.

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The global Smart Buildings market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Smart Buildings market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.

Some of the key participants in this industry include:

Cisco Systems, Inc., Honeywell International Inc., Johnson Controls Internationals, Hitachi Ltd., Schneider Electric, ABB Ltd., Legrand, Siemens AG, Robert Bosch GmbH, and Telit

Key regions covered in the report:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East Africa

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The latest research report serves as a perfect example of the precise analysis of the global Smart Buildings market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact on the worldwide Smart Buildings industries. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.

• Automation Type Outlook (Revenue, USD Billion; 2018–2028)

  • Building Management System (BMS)
  • Heating, Ventilation, and Air Conditioning (HVAC)
  • Lightning Control System
  • Emergency Alarm and Evacuation System
  • Audio and Visual Effects
  • Video Surveillance System
  • Elevators and Escalators Systems
  • Fire and Life Safety Alarm
  • Energy Management
  • Others

• Service Type Outlook (Revenue, USD Billion; 2018-2028)

  • System Integration and Deployment
  • Support and Maintenance
  • Consulting

• Building Type Outlook (Revenue, USD Billion; 2018–2028)

  • Commercial Buildings
  • Residential Building
  • Governmental and Public Infrastructure Facilities
  • Educational Institutions
  • Others

Valuable Market Insights:

• The report highlights the latest trends observed in the consumption pattern of each regional segment.
• Extensive market segmentation included in the report helps better understand the revenue and estimated growth of the individual regions.
• The report throws light on the historical and current market scenarios and provides a concise year-on-year growth rate of the global Smart Buildings market.
• The report further entails the current market trends, technological advancements, revenue growth, and other aspects affecting market growth.

Questions addressed in the report:

• What is the estimated market growth rate throughout the forecast period?
• Which end-use industry is expected to witness the highest demand for Smart Buildings in the near future?
• What is the regulatory framework governing the application of Smart Buildings in the food industry?
• Which manufacturing processes are utilized for the production of Smart Buildings?

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