Market Research Analysis Smart Building Market Analysis, Growth, Share

Smart Building Market Analysis, Growth,
Share, Industry Trends, Supply Demand,
Forecast and Sales to 2025
“Smart building is a combination of several systems including
technology, energy and telecommunication and through
these systems it achieves low operational and maintenance
costs thus helping in minimizing the greenhouse gas (GHG)
emissions. The market is anticipated to see high demand
majorly in commercial and residential sectors owing to rising
stringent emission norms and high energy cost.“
Smart Building Market is expected to witness significant growth over the forecast period owing to rising demand of
energy efficient sources, increasing need of safety & security and growing demand of comfort in buildings. Smart
building is a combination of several systems including technology, energy and telecommunication and through these
systems it achieves low operational and maintenance costs thus helping in minimizing the greenhouse gas (GHG)
emissions. The market is anticipated to see high demand majorly in commercial and residential sectors owing to rising
stringent emission norms and high energy cost.
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Rising technological advancements through R&D endeavors, increasing government regulations and growing need for
security & safety are anticipated to propel the smart building market growth over the next seven years. However,