Smart Buildings Market Size Valued to Hit $121.6 Billion By 2026 - Report by MarketsandMarkets�
The global Smart Buildings Market size is expected to grow from USD 72.6 billion in 2021 to USD 121.6 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 10.9% during the forecast period. The major drivers for the Smart building include the rising adoption of IoT-enabled building management systems, rising awareness of space utilization, increased industry standards and regulations, and increased demand for the energy-efficient system.
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