Intelligent building automation market to cross $150 billion by 2028: Report
Sheetal2316 Jul, 2024Technology
The global intelligent building automation technologies market is expected to dramatically grow to a whopping USD 152.4 billion (AUD 233.57 billion) by 2028, a leading management consultant firm has revealed in their latest report. According to the report by MarketsandMarkets, this market segment, which achieved USD 90.2 billion (AUD 138.24 billion) in 2023, will register an impressive growth, propelled by key drivers including rapid technology breakthroughs, focus on sustainability and energy efficiency, user-centric design, and autonomous buildings.
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