The revenue of the global building automation market is anticipated to reach 273 billion U.S. dollars by 2023, according to McKinsey. The overall market is expected to grow at a compound annual growth rate of seven percent between 2020 and 2023.
Projected market value of the building automation market worldwide between 2020 and 2023
(in billion U.S. dollars)
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McKinsey. (April 10, 2020). Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey. "Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars)." Chart. April 10, 2020. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey. (2020). Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey. "Projected Market Value of The Building Automation Market Worldwide between 2020 and 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Apr 2020, https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey, Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/420761/global-smart-homes-market-value/ (last visited May 24, 2022)