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The global smart buildings market is estimated to reach USD 304.3 billion in 2032, registering a CAGR of 15.8% between 2023 to 2032. This market is driven by increasing demand for energy-efficient buildings, growing awareness about the benefits of smart building solutions, advancements in IoT and AI technologies, and government initiatives and regulations. The growth of the smart building market is also expected to create opportunities for technology providers, system integrators, and service providers, as well as encourage partnerships and collaborations among various stakeholders to provide comprehensive smart building solutions.