Smart Building Technology Spending Forecast to Grow to $17.4 Billion in 2019

Global smart building technology spending is forecast to grow from $6.3 billion in 2014 to $17.4 billion in 2019, registering a compound annual growth rate (CAGR) of 22.6 percent, according to a new report from IDC Energy Insights. The most aggressive adoption will be in Asia/Pacific, North America, and Western Europe.