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The Intelligent Building Automation Market Set to Reach 88 Billion by 2022

The Global Intelligent Building Automation Technologies, which reached $63.48 billion in 2015, is expected to swell to an $88.27 billion industry within five years. Growth is driven primarily by factors such as security, energy efficiency, and sustainability. The rise of the IoT is linking more building automation systems together, in order to help facilities reap the benefits of interconnected intelligent systems. Examples include correlative data between traffic and use of facilities can help management determine how best to allocate energy resources and security. Continue reading