The Global Smart Buildings Market was valued approximately USD 59.82billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.5% over the forecast period 2020-2027. Smart buildings contain a control system that controls building operations such as heating, lighting, ventilation, air conditioning and other systems by using censors and microchips. It provides advanced building technology such as temperature control, fire safety, automation, and telecommunication.

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