Smart Buildings Market Size Is Set To Grow By USD 64.84 Bn From 2024-2028,Growing Need For Building Automation To Enhance Business Outcomes Boost The …
(MENAFN- PR Newswire) NEW YORK, April 8, 2024 /PRNewswire/ — The global smart buildings market size is estimated to grow by USD 64.84 bn from 2024-2028 , according to Technavio. The market is estimated to grow at a CAGR of almost 10.61% during the forecast period. Smart buildings market incorporates IoT-enabled devices, 5G technology, and building automation software. This technology facilitates efficient energy management in commercial buildings by regulating HVAC systems, power supplies, and lighting control. Building management systems monitor energy usage, generate alerts for exceeding predefined limits, and offer security & emergency management solutions. AI, IoT, VR, and cloud computing enhance building infrastructure management, while energy-efficient systems and PoE solutions reduce greenhouse gas emissions. OEMs focus on energy…
A US bankruptcy court has approved the sale of Academy Award winning visual effects and animation studio Rhythm Hues to a wholly owned affiliate of […]
The Customs division of the Ghana Revenue Authority is confident the newly introduced Single Window system will fix the challenges with its item valuation process. […]
CG Power and Industrial Solutions Limited, Renesas, and Stars Microelectronics, to Jointly Build Outsourced Semiconductor Assembly and Test Facility in India Source link
