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Smart Buildings Market Size, Share and Global Market Forecast to 2025 | MarketsandMarkets

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According to a market research report "Smart Buildings Market by Component (Solution (Safety and Security Management, Energy Management, Building Infrastructure Management, Network Management, IWMS), Services), Building Type (Residential, Commercial, Industrial), Region - Global Forecast to 2025", published by MarketsandMarkets™, the Smart Buildings Market size is expected to grow from USD 66.3 billion in 2020 to USD 108.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.5% during the forecast period.

The major drivers for the Smart building include the rising adoption of IoT-enabled building management system, rising awareness of space utilization, increased industry standards and regulations, and qslhhpbs sutosh qxt schmbl-sswpejlas pubpwa.

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