Connected Building Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, and Region
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  • Connected Building Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, and Region

    (Transportation-News.com, June 26, 2024 )

    Connected Building Market Report Scope and Research Methodology



    Growing concern of the energy consumption by buildings is the driving force of this market. The research methodology includes primary data from industry experts and secondary data from credible sources. The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. PESTEL Analysis, which aids in the development of company strategies.



    To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/req_sample/Connected-Building-Market/686





    Connected Building Market Dynamics:



    According to IBM Corporation’s IoT and Smart building research, commercial and real estate consumes 50% energy. IoT enabled building systems have shown to reduce the energy expenditure by 40%. This has shown significant growth in the market.





    Connected Building Market Regional Analysis:



    North America dominated the market in 2023. With US and Canada are making major contributions to the market. APAC region with its growing speed of modernization is expected to show rapid growth in the forecast period. Connected buildings has sensor network resembling Connected Cities, allowing tracking of sustainable activity, power and water use in real time, and communication with other systems.





    For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/Connected-Building-Market/686





    Connected Building Market Segmentation



    By Component



    Solutions

    Building Infrastructure management

    Security & Emergency management

    Energy management

    Services

    By Application



    Residential

    Commercial

    Hotel

    Healthcare

    Retail

    Corporate Offices

    Others





    To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/Connected-Building-Market/686





    Connected Building Market Key Players:



    Honeywell International Inc

    Siemens AG

    ABB Ltd.

    Schneider Electric SE

    IBM Corporations

    Huawei Technologies Co. Ltd

    Others





    Stellar Market Research is leading IT & Telecom research firm, has also published the following reports:



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    About Stellar Market Research



    Stellar Market Research is a Pune based research firm. The company provides B2B and B2C research and reports on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies. The topics include Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.





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