In Some Pretty Good Company
Oct. 18, 2019
IBM, Honeywell, Cisco, Siemens, ABB, and Spaceti. Those are just some of the firms discussed in the Smart Building Market report by website Markets and Markets. Obviously, we’re very excited to be in such renown company, but what exactly does the report say?
Spaceti is listed as a key market player in the website’s profile of the smart building market, which is seen as growing to $105.8 billion in 2024 from $60.7 billion this year. The 156-page report also lists Johnson Controls, Hitachi, Schneider Electric, Intel, Huawei, Softdell and others as major companies in the market. The report says the players, along with Spaceti, have adopted various growth strategies such as partnerships, expansion, and collaborations, as well as launching new products and enhancing existing ones to continue growing their footprint on the market and to broaden their customer base.
The report predicts the hottest markets for smart buildings and the expected spending in individual regions, regulations impacting the market, the dynamics currently playing out, and major changes expected to have an impact. It also goes into the significant growth trends and detailed information about the drivers and obstacles to that growth.
The fact that Spaceti has been mentioned alongside these global giants is fantastic recognition for all the hard work we’ve put into establishing our company as a proptech force to be reckoned with and confirmation that the path we’ve taken has set us up for more success in the future.
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