Tag Archives: Intelligent Building Market

Intelligent Building Market Value to Exceed 42.65 Billion by 2024

The global intelligent building market was valued at $12,371 million in 2017, and is projected to reach at $42,649 million by 2024, growing at a CAGR of 19.6% from 2018 to 2024. Rise in need for new energy efficient interventions, increased market for Building automation and control systems, supportive industry standards and regulations toward smart …

Continue reading “Intelligent Building Market Value to Exceed 42.65 Billion by 2024”

Intelligent Building Industry – Top Impacting Factors That Could Escalate Market’s Rapid Growth – 2024

Increase in need for novel energy-efficient interventions, surge in the market for building automation & control systems, and extensive IoT penetration in building management systems have boosted the growth of the global intelligent building industry. Moreover, the supportive industry standards and regulations toward smart building supplemented the market growth. However, complex interoperability between multiple systems …

Continue reading “Intelligent Building Industry – Top Impacting Factors That Could Escalate Market’s Rapid Growth – 2024”