29 C
Dubai
Sunday, April 6, 2025
spot_img

The smart building market will quadruple to $328.6 billion by 2029

[ad_1]

The global smart building market is poised for solid growth over the next few years, with its value expected to grow from $80.62 billion this year to $328.62 billion by 2029, a CAGR of 22.2% was provided by Advanced Essex Communications in the Middle East.

The workshops will be held in selected GCC countries under the theme “Smart and Sustainable Technologies for Smart Buildings”.

The first workshop will be held in Kuwait on October 17, followed by Doha on October 18; Abu Dhabi (October 20); Muscat (October 31) and Dubai (November 2 days).

“The Middle East and North Africa will contribute significantly to the growth of the global smart building market due to the growing demand for energy-efficient smart building solutions,” Paul Weintraub, international business director, Superior Essex Communications, quoted Fortune as Insights into the Global Smart Building Market industry report.

He noted that the growing focus on increasing global energy consumption is expected to drive more advanced and energy-efficient technologies.

“We see a unique opportunity to support developers in the region looking to harness the power of our sustainably manufactured cables to deploy sustainable technology in their smart buildings,” said Weintraub.

For the seminar series, Superior Essex Communications has partnered with Microsens, MHT Lighting, Topnet and Fluke Networks to host a series of seminars showcasing the latest advancements in sustainable technology innovations and smart building solutions.

Representatives of partner companies will share insights to demonstrate how smart buildings can benefit from deploying sustainable technologies, including sustainable solutions.

K. Ganesan, Managing Director of Topnet Distribution, said: “Smart and smart buildings are increasing to meet the growing demand for connectivity and energy efficiency.”

“These buildings are designed to be green and sustainable. This requires innovative technologies for telecommunications and power distribution in smart buildings. The workshop will cover the latest innovations and solutions to meet the needs of smart buildings,” he added.

[ad_2]

Source link

Related Articles

Safari Kid Preschool & Daycare: Revolutionizing Early Childhood Education in India

In a world where education is often seen as a one-size-fits-all solution, Jitendra Karsan Boricha , the visionary founder of Safari Kid Preschool &...

Gold Market Shifts: Prices Dip as Tariff Clarity Sparks Cautious Optimism and Economic Concerns

Gold prices experienced notable fluctuations as global investors responded to renewed clarity surrounding U.S. President Donald Trump’s tariff measures. The precious metal, often viewed as...

ADES Strengthens Global Presence: Saudi Drilling Giant Expands into Brazil with $85.1M Landmark Deal

ADES Holding Co., the Saudi-based drilling giant, has made a bold move into the Brazilian market with an $85.1 million charter agreement, signaling a...

UAE Revolutionizes Currency: New Dirham Symbol and Digital Transformation Unveiled

UAE has introduced a new symbol for the Dirham as part of its broader strategy to modernize the country’s financial sector and advance its...

Exclusive Interview with Taha Alwaisi, Chief Sales Officer, Royal Palm DatesGroup

Exclusive Interview with Taha Alwaisi, Chief Sales Officer, Royal Palm DatesGroup Introduction In the ever-evolving landscape of agribusiness, few names stand out as prominently as...

Latest Articles