Forecast Analysis: Building Automation Internet of Things Endpoint Electronics and Communications Revenue, Worldwide
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Summary
IoT spend on building automation will grow by $9 billion from 2018 through 2028. Energy saving drives revenue growth in connected lighting and HVAC systems, while structure monitoring has highest CAGR (29%). 3GPP LPWA is the fastest growing communications installed base with a 65% CAGR worldwide.
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