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Intelligent Building Market - Rising Wave of Smart Cities

Rise in need for new energy efficient interventions, increased market for Building automation and control systems, supportive industry standards and regulations toward smart buildings, and extensive IoT penetration in building management systems drive the growth of the global intelligent building market.

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Intelligent Building Market - Rising Wave of Smart Cities

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  1. Intelligent Building Market Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. INTRODUCTION Intelligent Building Market by Component, Type, and End User: Global Opportunity Analysis and Industry Forecast, 2017 – 2024. Global Intelligent Building Market was valued at $12,371 million in 2017, and is projected to reach at $42,649 million by 2024, growing at a CAGR of 19.6% from 2018 to 2024. Rise in need for new energy efficient interventions, increased market for Building automation and control systems, supportive industry standards and regulations toward smart buildings, and extensive IoT penetration in building management systems drive the growth of the global intelligent building market. However, high initial investment and complex interoperability between various systems and devices deployed for managing infrastructure hampers the intelligent building market growth. Intelligent Building Market

  3. Intelligent Building Market Click to Get sample PDF Brochure: https://www.alliedmarketresearch.com/request-sample/4605 Intelligent Building Market

  4. OVERVIEW An Intelligent Building Market is the integration of building, technology, and energy systems. Building automation systems include building automation, life safety, telecommunications, user systems, and facility management systems. Intelligent buildings deliver actionable information about a building or space inside a building to permit the building owner or occupant to manage the building or space. Based on type, the intelligent security system segment led the intelligent building market in 2017 and is projected to maintain its dominance in the future. However, the building energy management system segment is expected to witness the highest growth, owing to its increased adoption due to different initiatives taken by countries to reduce the carbon emission and for energy conservation. Europe generated the highest revenue in 2017; however, the Asia-Pacific segment is anticipated to witness the fastest growth registering a CAGR of 23.2% during the forecast period. Intelligent Building Market

  5. Key Findings • The services segment is expected to exhibit significant increase in the global intelligent building market during the forecast period. • Based on type, the intelligent security system segment generated the highest revenue in 2017. • In 2017, the commercial segment accounted for the highest revenue among the other end user. • Europe generated the highest revenue in 2017. • Asia-Pacific is projected to exhibit substantial growth during the forecast period. Intelligent Building Market

  6. Global Intelligent Building Market by Type Intelligent Building Market

  7. Key Benefits and Top impacting factors This study includes the analytical depiction of the global intelligent building market along with current trends and future estimations to determine the imminent investment pockets. The report presents information related to key drivers, restraints, and opportunities. The current market is quantitatively analyzed from 2017 to 2024 to highlight the financial competency of the industry. Porters Five Forces analysis illustrates the potency of buyers & suppliers in the global intelligent building industry. Top impacting factors Increased need for energy efficiency, standards, and regulations of the supportive industry, and development in the market for smart cities driving the global intelligent evacuation system market share. However, high initial investment is expected to hamper the market growth during the forecast period. Need More Information Enquire here: https://www.alliedmarketresearch.com/purchase-enquiry/4605 Intelligent Building Market

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 Intelligent Building Market

  9. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/intelligent-building-market Follow Us On

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