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4/24/23, 11:06 AM Integrate ME to discuss the significance of cutting-edge AV solutions in boosting the growth of the smart building market | Web Release

NEWS BUSINESS

Integrate ME To Discuss The Significance Of Cutting-Edge AV
Solutions In Boosting The Growth Of The Smart Building Market

Market for smart buildings is expected to reach USD 232.23 billion by 2032 with Pro AV facilitating
building automation

By Editor_wr Last updated Apr 20, 2023

Integrate Middle East, a significant new learning and networking event for the entire Pro Audio Visual (AV) integration
value chain, is set to emphasise the significance and latest impacts of the Pro AV industry in the global smart building

market, which is projected to grow at a compound annual growth rate (CAGR) of 11.3 per cent from 2023 to reach around
USD 232.23 billion by 2032.[i]

The Smart Building market is undergoing a rapid transformation due to the increasing demand for energy-efficient and cost-
effective solutions. Pro AV solutions are playing a significant role in this transformation by providing cutting-edge

technologies that enable smart buildings to be more connected and efficient.

Estimated at USD 81.19 billion in 2022, the expansion of the global smart building market has been driven by factors
including a growing demand for energy saving features and the expanding use of Internet of Things (IoT) and Pro AV

technologies.

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