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The global smart building market is expected to experience significant growth in the coming years, driven by the increasing demand for energy-efficient technologies and the adoption of advanced technologies like AI, IoT, and machine learning. A recent study by Report Ocean reveals that the market is projected to reach USD 185.4 billion by 2028, with a CAGR of 11.20%. This growth is fueled by rapid urbanization and investments in smart building projects, but also poses challenges such as the risk of cyberattacks.