Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
A Profound Understanding of Value-based Outcome is Crucial for the Mass Acceptance of Artificial Intelligence in the Homes & Buildings Industry
save 10 %
* Required Fields
Pay by invoice
Homes & buildings is a technology-driven industry that is witnessing innovation at a rapid pace, especially in Artificial Intelligence (AI) through machine learning and deep learning capabilities. Both leading and emerging participants in this space are strongly competing to secure a customer base and maximise their revenue potential. This study identifies the top AI applications in the homes & buildings industry offering growth opportunities to participants in different verticals and countries. It also highlights the top AI solution providers that contribute more than 95% of the market revenue and the companies to watch (as they have the potential to change the industry dynamics going forward). Frost & Sullivan estimates the value generated by AI in the homes & buildings industry at $6.08 billion in 2020.
The study focusses on the impact of AI on the homes & buildings industry, defines the role of AI in home and building applications, and highlights the opportunities for stakeholders in the industry. The main purpose of the study is to analyse the current and future AI-based applications in the homes & buildings industry. The study performs a Growth Opportunity Assessment exercise by evaluating critical attributes to assess the Market Readiness and Future Industry Value of AI applications in the homes & buildings industry. The study also presents a high-level market overview and the investments trends for AI applications across industries. It additionally provides quantification of the value generated by AI for customers as well as estimated and forecast AI revenue in this industry. The study summarises key market findings, strategic imperatives, leading AI solution provider profiles, and top AI applications in the homes & buildings industry. Although Frost & Sullivan recognises smart speakers as AI products, their revenue has not been included in the revenue forecast section as the definition of AI in homes and buildings requires a product or solution to recognise the energy consumption pattern and autonomously optimise building systems based on machine learning or deep learning algorithms for improved performance.
The study discusses the top AI applications as well as the leading companies that offer these solutions and have performed well in 2019. It further highlights the companies to watch out for in the next few years based on their growth and innovation. The companies considered for the assessment include Siemens, Honeywell, Signify, Acuity Brands, Google, Amazon, EcoEnergy Insights, FogHorn, 75F, Xiaomi, BrainBox AI, BuildingIQ, Velux, Sense, Energy Curb, Google Nest, Smappee, Vattenfall, and PointGrab.
Key Issues Addressed
Author: Anirudh Bhaskaran
Transformational Macroeconomic Trends Shaping Developed Asia Until 2026
Central America and the Caribbean Shows Gradual Recovery from the Disruptive Impact of COVID-19
Autonomous Mobile Robots: R&D Portfolio Assessment
Growth Opportunities of Sensor Technologies for Automated Guided Vehicles
Neuromorphic Computing: Opportunity Analysis
Growth Opportunities of Metal Injection Molding Technology in Manufacturing
Growth Opportunities of Modular Reconfigurable Robots
Growth Opportunities in the Nepalese Online Food Delivery Market, 2019
Emerging Opportunities of Quantum Technologies in Electronics Industry
Disruptive Opportunities for Data Storage Technologies
virtual reality market
glucose monitoring devices market
smart meter market
power electronics market
plastic recycling market
wireless charging market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.