North American smart elevators market is estimated to grow significantly at a CAGR of 14.2% during the forecast period. North America is projected to be the most opportunistic region in the global smart elevators market during the forecast period. This is due to the increasing development of eco-friendly construction activities and the government initiates in the development of smart city projects. The US is home to the number of MNCs; owing to which, there is a huge population base of wealthy people from across the globe.
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