The Building Automation System market is projected to reach USD 148.6 billion by 2027
The growth of the automation system market is due to the requirement for more efficient and enhanced security systems. Apart from that, it has become easy to install the automation systems with the advancements in wireless communication technologies and reduced complexity.
The IoT and automation has made it easy to share information among different electronic devices. Also the cloud has made building automation smart with no human intervention required. The Automation will help the professionals to control and monitor systems that are already installed.
The automation will help to standardize and control various systems such as facility management systems, security systems and human safety alarms etc.The building automation system can be categorized depending on the functions and applications that it monitors or controls.
The largest market share projected for building automation systems is in the commercial application segment. The reason being the utilization and expected deployment of automation systems in office buildings, shopping complexes, security systems, public transportation services such as airports and railway stations etc.
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