Global Smart Building Market Overview, 2024-2029: Enhanced Occupant Experience, Integration of Cloud-Based Technologies and Automation [Yahoo! Finance]
Honeywell International Inc. (HON)
Last honeywell international inc. earnings: 5/1 06:30 am
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Source: Yahoo! Finance
Global Smart Building Market is anticipated to cross USD 165 Billion by 2029, increasing from USD 91.19 Billion in 2023. The market is expected to grow at a 10.80% CAGR by 2024-29 Innovation in smart building solutions is being driven by rapid improvements in technology, including cloud computing, data analytics, artificial intelligence (AI), and the Internet of Things (IoT). By enabling intelligent automation, predictive maintenance, and real-time monitoring of building systems, these technologies improve security, comfort, and efficiency. Global population expansion and increasing urbanisation are driving up demand for smart buildings. Infrastructure that is sustainable, effective, and linked is required as more people migrate into cities in order to support economic growth and urban lifestyles. With growing concerns about climate change and resource depletion, there is a heightened focus on energy efficiency and sustainability in building design and operations. Smart building
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HON
Earnings
- 4/25/24 - Beat
HON
Sec Filings
- 5/17/24 - Form 4
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- HON's page on the SEC website