The new report by Expert Market Research titled, ‘Global Smart Building Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global smart building market, assessing the market based on its segments like components, types, building types, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): USD 18 Billion
• Forecast CAGR (2021-2026): 30%
• Forecast Market Size (2026): USD 83 Billion

The global smart building industry is being driven by the growing urbanisation and industrialisation and the rapid technological advancements globally. The increasing focus on energy conservation has driven the industry growth over the historical period. The increasing penetration of "