Frost & Sullivan’s recent analysis, Artificial Intelligence in the Global Homes & Buildings Industry, forecast to 2030, finds that the deployment of artificial intelligence (AI) in the homes and buildings space is gaining rapid momentum across the globe as the industry is estimated to witness an approximately 15-fold increase by 2030. Increasing at a compound annual growth rate of 27.7%, the industry is likely to garner revenues of $8.98 billion by 2030, compared to $610.2 million in 2019.

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