Page 224 - INTEGRATE MIDDLE EAST - FEBRUARY to MAY 2023
P. 224

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


             Dubai, April 18, 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.


             The  utilisation  of  Pro  AV  technologies represents  one  of the  primary  elements facilitating  building
             automation in smart buildings. Advanced Pro AV systems and solutions have paved way for building
             managers  to  streamline  and  improve  building  operations  as  well  as  minimise  energy  waste  by
             obtaining real-time information on occupants, energy usage, and equipment status.




             This collection and analysis of data are one of the most significant aspects of smart buildings. Building
             analytics  -  data  analytics  gleaned  from  smart  building  technologies  such  as  networked  sensors,
             building  management  systems  (BMSs),  integrated  workplace  management  systems  (IWMSs)  and
             Internet of Things (IoT) edge devices - have become increasingly important in shaping the future of
             the smart building market as they can be used to increase efficiency, develop smarter equipment
             maintenance protocols, create a healthier building environment, and save resources and time.

             Integrate Middle East aims to explore and highlight these emerging and more established Pro AV
             technologies that are transforming the smart building industry and optimising the way buildings are
             managed.

             The three-day exhibition and summit will provide an excellent platform for exhibitors from the Pro AV
             industry to showcase their latest technology innovations and comprehensive solutions that are leading
             the way in the Smart Buildings sector.







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