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Markets and Markets Tower B5, office 101 411013 Magarpatta, Hadapsar, Pune, India http://www.marketsandmarkets.com
Contact Mr Ashish Gaigowad +1 888-600-6441
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Markets and Markets

Smart Building Market byBuilding Type- Commercial, Industrial, - Global Forecast to 2024

(PresseBox) (Magarpatta, Hadapsar, Pune, )
According to a market research report "Smart Building Market by Component (Solution,Services), Solution (Security, Emergency Management Energy Management), Services, Building Type (Commercial, Industrial), Region (North America, Europe, APAC, MEA, Latin America) - Global Forecast to 2024", published by MarketsandMarkets, The Smart Building market size is expected to grow from USD 60.7 billion in 2019 to USD 105.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 11.7% during the forecast period.

The major drivers for the Smart building include Rising adoption of IoT-enabled building management system, raising awareness of space utilization increased industry standards and regulations.

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