The latest market intelligence report, titled ‘Global Smart Buildings Market’, is intended to provide the target audience with the necessary information about the global Smart Buildings industries. The report comprises a detailed analysis of the vital elements of the Smart Buildings market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Smart Buildings market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. As a result, the report, released by Emergen Research, is a thorough compilation of the essential elements of the Smart Buildings market, including the major market segments, top competitors, their company profiles, pricing strategies, production capabilities, revenue generation plans, technological advancements, and many others. It also includes the key players' product offerings, the broad application range of these products, the major market segments, and many others. The epidemic has had a significant impact on the world economy, which has disrupted the way the Smart Buildings market functions. Organizations have been forced by the severe global crisis to effectively adapt to the quickly changing business environment. The study also assesses the pandemic's initial and long-term effects on the 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 has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Smart Buildings market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies profiled in the report:
Cisco Systems, Inc., Honeywell International Inc., Johnson Controls Internationals, Hitachi Ltd., Schneider Electric, ABB Ltd., Legrand, Siemens AG, Robert Bosch GmbH, and Telit
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This report is the latest document encompassing the massive changes that took place in the Smart Buildings market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Smart Buildings market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
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
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