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Smart Building Market Was Valued at USD 8,540 3 Million In 2018 and will Reach USD 25,725 Million By 2025 | North America Accounted Largest Market Value Of USD 3,026 0 Million In 2018; Expected To Register a CAGR Of 13 29%

Market Analysis Market Research Future (MRFR) expects the global Smart Building Market to reach USD 25,725.0 million at a 17.44% CAGR from 2018 to 2025 (forecast period). A smart building uses sensors, microchips, and actuators to control and regulate air conditioning, ventilation, lighting, heating, and other systems. It leverages integrated and advanced building technologies, including advanced telecommunications systems, building automation, facility management, and fire safety equipment, to enhance comfort, safety, and occupant productivity. Building systems can be operated automatically according to environmental conditions, preset & variable schedules, and emergencies. Energy efficiency remains at the forefront of trends in IoT smart building. IoT has a major impact on the Commercial Real Estate (CRE) industry due to a growth in the efficiency of building operations, better tenant relationships, and new revenue generation opportunities. IoT-enabled BMS is installed and use

Capital Land s Raffles City in Singapore Selects Nexpa s Smart Parking System

Capital Land s Raffles City in Singapore Selects NEXPA s Smart Parking System Tuesday, February 23, 2021 10:01 AM - Singapore, Singapore NEXPA has been awarded the Electronic Parking System (EPS) and Parking Guidance System (PGS)  contract for Capital Land s Raffles city in Singapore. Raffles City Singapore is an integrated  development located in the downtown core, at the fringe of Singapore s Central Business District,  and within the Civic and Cultural District. The prime landmark is served by three Metro lines and is  directly connected to City Hall and Esplanade stations. Raffles City Singapore comprises Raffles City Shopping Centre, Raffles City Tower, Raffles City Convention Centre, and Raffles City Hotel. With this landmark development, came a significant rise in visitors as well as increased traffic and congestion in the parking lot. To accommodate this traffic, Raffles City chose to implement

Smart Parking System Market Analysis by Recent Developments and Trends 2021- Amano Corporation, Xerox Corporation, Siemens, Cubic Corporation – KSU

tanmayFebruary 22, 2021   Smart Parking System Market Research Report provides a detailed evaluation of the business vertical in question, alongside a brief overview of the industry segments. An exceptionally workable estimation of the present industry scenario has been delivered in the study, and the Smart Parking System market size with regards to the revenue and volume have also been mentioned. In general, the research report is a compilation of key data with regards to the competitive landscape of this vertical and the multiple regions where the business has successfully established its position. This research report also provides post COVID-19 impact analysis of the Smart Parking System industry.

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