Forecast of Global Intelligent Building Automation Technologies Market 2023

Global Building Automation Technologies market will register a 8.2% CAGR in terms of revenue, reach US$ 90000 million by 2023, from US$ 56000 million in 2017. The intelligent building automation technologies are interconnected network of hardware and software that monitors and controls the building facility environment. Building automation systems aid in the seamless operation of HVAC, electricity, lighting and plumbing systems, as well as the security and life safety systems of a facility.