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2022 Smart Buildings (Nonresidential Buildings) Global Market Report : Top Manufacturers, Industry Challenges, Business Strategies, Revenue Value And Competitive Landscape 2031
Smart Buildings (Nonresidential Buildings) Market
According to The Business Research Company's smart buildings (nonresidential buildings) market report, the global smart buildings (nonresidential buildings) market reached a value of nearly $36.42 billion in 2020, having increased at a compound annual growth rate (CAGR) of 0.5% since 2015. The market is expected to grow from $36.42 billion in 2020 to $59.30 billion in 2025 at a rate of 10.2%. The market is then expected to grow at a CAGR of 8% from 2025 and reach $87.25 billion in 2030.
Economic growth and a rapidly growing urban population is expected to increase the demand for new smart buildings (nonresidential buildings) during the forecast period. Large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam and the Philippines which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, urban population in South Asia is expected to grow by 250 million by 2030. According to a report by PwC, around 60% of the world's population is expected to live in cities by 2030. This rapid urbanization is expected to boost the demand for new smart buildings (nonresidential buildings) going forward.
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The smart buildings (nonresidential buildings) market is segmented -
• By Type: Intelligent Security System, Building Energy Management System, Infrastructure Management System, Network Management System
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the smart buildings (nonresidential buildings) market.
Major competitors in the smart buildings (nonresidential buildings) market include China State Construction Engineering Co., Ltd., VINCI , Bechtel Corporation , Skanska AB , Turner Construction Company
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The smart buildings (nonresidential buildings) market consists of sales of smart buildings (nonresidential buildings) by entities (organizations, sole traders and partnerships) which are involved in the construction of nonresidential smart buildings and related services. Smart buildings have automated processes and increase the operational efficiency of non-residential buildings, including those used for commercial and industrial purposes.
The Table Of Content For The Smart buildings (nonresidential buildings) Market Include:
1. Smart buildings (nonresidential buildings) Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…….
22. Smart buildings (nonresidential buildings) Market Opportunities And Strategies
23. Smart buildings (nonresidential buildings) Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Smart buildings (nonresidential buildings) Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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