Search results for: 'software license revenue model'

Upgrading public street lights to LED lights alone is not enough to achieve desirable energy savings. Therefore networked, adaptive street lighting solutions have emerged as a leading smart city application. Although replacing existing street lights with LED lamps could cut down cities' electricity costs by 50%, networking these LEDs can deliver ad...

07 Apr 2022  |  Asia Pacific  |  Market Research

Southeast Asia Remote Building Security Solutions Growth Opportunities

Increasing Digitalization is Bolstering the Transformational Growth of the Industry in the Post-pandemic Era

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The remote building security solutions market in Southeast Asia is currently nascent. However, the COVID-19 pandemic has accelerated the need for remote monitoring solutions, boosting demand in this market. This demand, along with increasing manpower costs, favorable regulations in certain regions, and a shortage of skilled security forces, will he...

The top 5 growth opportunities for digital construction management in 2025 revolve around technological innovation, workforce optimization, and sustainability. AI-powered innovations offer transformative potential by enhancing design accuracy and improving project management efficiency through automation and predictive analytics. These advancement...

07 Jul 2017  |  Asia Pacific  |  Market Research

Southeast Asian Building Management System (BMS) Market, Forecast to 2022

Growing Awareness on Energy Efficiency to Drive Double-digit Growth

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The Southeast Asian Building Management Systems (BMS) market is currently in the nascent stage and is expected to grow strongly at a CAGR of 10.2% between 2016 and 2022. Increased energy efficiency and operational cost savings achieved through adoption of BMS is increasing the demand, while regulation and policies further support the growth of this...

Rapid urbanization is worsening the scarcity and stress on India s water resources, driving demand for smart water meters to ensure universal water coverage that is economical and environmentally sustainable. India is investing in developing water supply infrastructure to ensure universal coverage through policies and schemes, such as AMRUT 2.0. Th...

06 Jun 2019  |  Global  |  Market Research

Outlook of the Global Water and Wastewater Market, 2019

The Global Adoption of a Circular Economy, Enabled by Digitalization, Boosts Water and Wastewater Market Growth

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Key Issues Addressed

Water stress, climate change concerns, and the need for economic infrastructure are the key drivers for the global water and wastewater market. The circular economy is rapidly being adopted for its economic and environmental benefits. Digitalization has significantly bolstered its adoption in the water use cycle. Utilities across the world are focu...

This study examines the top growth opportunities for the building construction market in 2024. Material shortages, price inflation, logistics issues, and labor deficiencies are top challenges in the building construction market. These challenges resulted in the market s sluggish growth in 2023, which will only show a modest recovery of above 5% gro...

Building information modeling (BIM) and digital twins in the built environment continue to evolve significantly in functionalities and capabilities with the increased adoption and awareness, given the growing number of large enterprises and public sector projects. The BIM and digital twin industry is in a critical growth phase, making giant lea...

30 Jun 2020  |  North America  |  Market Research

Global Building Automation Systems (BAS) Market, Forecast to 2026

Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models

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Key Issues Addressed

The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...