According to a recent report by Reports and Data, the global Smart Building Market achieved a size of USD 72.6 billion in 2021 and is projected to reach USD 189.05 billion in 2030, exhibiting a CAGR of 11.2% during the forecast period. The market growth is being driven by several factors, including the rapid expansion of the commercial and residential sectors, the growing popularity...

The global smart building market is forecast to reach USD 127.9 billion by 2027, according to a new report by Reports and Data. In smart buildings, actuators, microchips, and sensors are used to gather and manage data in accordance with the services and functions of a business. The infrastructure turns out to be beneficial for operators, facility managers, and operators to enhance...