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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Revenue in billion U.S. dollars
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McKinsey & Company. (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 August 24, 2024, from https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey & Company. "Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars)." Chart. April 10, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey & Company. (2020). Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/420761/global-smart-homes-market-value/
McKinsey & Company. "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 & Company, 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 August 24, 2024)
Projected market value of the building automation market worldwide between 2020 and 2023 (in billion U.S. dollars) [Graph], McKinsey & Company, April 10, 2020. [Online]. Available: https://www.statista.com/statistics/420761/global-smart-homes-market-value/