Sheetal2316 Jul, 2024Technology
Rapid technology breakthroughs, a greater emphasis on sustainability and energy efficiency, a move towards user-centric design, and autonomous buildings are what will drive the Intelligent Building Automation Technologies Market in the future. Important developments include cybersecurity precautions, data-driven decision-making, and market expansion driven by laws and regulations as well as urbanisation. The Intelligent Building Automation Technologies Market is expected to reach USD 152.4 billion by 2028 from USD 90.2 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 11.0% during 2023?2028, according to a new report by MarketsandMarkets?.
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