The Smart Elevator Market: Transforming Building Infrastructure with Technology and Automation | #elevator technology trends # Smart building solutions # Automated elevator systems # Smart elevator growth # Building automation market # Vertical transport solutions # IoT in elevators # Smart city infrastructure # Elevator system innovations

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The Smart Elevator Market: Transforming Building Infrastructure with Technology and Automation

The global smart elevator market size was valued at USD 16.4 billion in 2023 and is projected to reach from USD 17.90 billion in 2024 to USD 36.21 billion by 2032, growing at a CAGR of 9.2% during the forecast period (2024–2032).