Building Automation Control Systems Market is estimated to reach up to USD 255.59 Billion by 2030, at a CAGR of 11.10%
The Global Building Automation Control Systems Market Size is expected to be worth USD 105.47 Billion in 2021 and is estimated to reach up to USD 255.59 Billion by 2030, at a compound annual growth rate (CAGR) of 11.10% from 2022 to 2030. Building automation control systems use connected smart appliances and devices to control and monitor household activities. These cutting-edge smart devices provide customers all around the world with safety, convenience, effective energy savings, and decreased utility costs. The market for global building automation control systems is anticipated to rise as the internet of things technology is more adopted. In addition, it is predicted that rising millennial house ownership rates and rising disposable income in industrialized nations would fuel the market for automated homes. Key market participants are also concentrating on providing cutting-edge solutions to enhance the effectiveness and convenience of home management. For instance, Resido introdu