Smart Building Market Report and Forecast 2021-2026
Global Smart Building Market to be Driven by the Development of IoT Enabled Buildings in the Forecast Period of 2021-2026
By: Expert Market Research
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The key highlights of the report include:
Market Overview (2016-2026)
The global smart building industry is being driven by the growing urbanisation and industrialisation and the rapid technological advancements globally. The increasing focus on energy conservation has driven the industry growth over the historical period. The increasing penetration of IoT (https://www.expertmarketresearch.com/
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By component, the market is bifurcated into:
Based on type, the industry is divided into:
By building type, it is categorised as:
Latest Global News on Smart Building Market@
The global smart building market is projected to be driven by the emergence of 5G technology and the expansion of IoT enabled building. The introduction of 5G technology in the ongoing development projects worldwide is expected to significantly boost the infrastructure development.
Key Market Players
The major players in the market are ABB Ltd., Honeywell International Inc., Siemens AG, Huawei Technologies Co., Ltd., Schneider Electric, Legrand, and Cisco Systems, Inc. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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