As cities begin investing to improve building sustainability and efficiency, the market for smart buildings is expected to soar through the end of the decade, according to a recent report.
ResearchandMarkets.com’ report on the smart building market provides insights into the industry’s trends, projections, as well as the impact on urban development. With governments worldwide investing in smart city initiatives and the rising demand for sustainable solutions, the smart building market is projected to reach $570 billion by 2030, reflecting a robust CAGR of nearly 27% from 2023 to 2030.
