Search results for: 'data mitigation solutions q2 2022'

The COVID-19 pandemic rapidly changed how buildings function. Building mobility solutions have gained more importance and will form a crucial part of buildings and cities in the near future. Rapid employment of the Internet of Things (IoT), artificial intelligence (AI), and cloud technologies will make products smarter and revolutionize mobility in...

Water utilities across the globe are under pressure to improve the resilience of their infrastructure to water stress, drought, and flooding-related events that are occurring due to climate change. Policy makers are implementing new strategies to ensure long-term sustainability through extensive replacement and rehabilitation plans to modernise the...

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...

Energy and cost savings are still perceived as one of the top benefits of light-emitting diode (LED) lighting, and they will continue to influence decision-making in lighting procurement. In major countries, households' rising disposable income will result in the renovation and modification of lighting systems to keep up with LED lighting innovatio...

The oil and gas industry recovered strongly in 2021 after recording an all-time low in 2020 due to the COVID-19 pandemic. Oil prices in 2021 increased by 70.5% and reached a yearly average of $67.7 per barrel. Amid the geopolitical chaos and Russo-Ukrainian, the oil price rose to $117 per barrel in Q1 2022. Despite the better-than-expected recovery...

The COVID-19 pandemic has highlighted the great lack of access to water and the wide gap in sanitation standards across major parts of Latin The COVID-19 pandemic has highlighted the great lack of access to water and the wide gap in sanitation standards across major parts of Latin America (LATAM). Regional projects dedicated to supplying drinking w...

Water utilities across the globe are in various stages of implementing polices and regulations that will enable water conservation and reduce non-revenue water (NRW), with advanced smart water meters being the focal point of investment. For over a decade automated-meter-reading-based (AMR based) smart water meters were the most adopted. However, th...

The homes and buildings industry is expected to continue its post-pandemic recovery in 2022, after the reopening of economic activities in 2021. The lighting, HVAC, refrigeration, facility management, and smart homes markets have already had strong comebacks due to robust customer demand combined with business transformation initiatives by industry...

Driven by the rapid FM development in developing markets and offset by low growth in mature markets, growth in the Asia-Pacific facility management (FM) market is stable. The growing outsourcing culture, supported by the continuous expansion of asset base and new construction, contributes to a higher penetrable FM market base. Constantly evolving c...