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13 Dec 2023  |  Global  |  Market Outlook
Top 5 Growth Opportunities in Building Mobility Solutions, 2024
Technology Strategy and Industry Convergence Elevate the Building Occupant Experience
The COVID-19 pandemic rapidly changed how buildings function. Building mobility solutions such as crowd analytics, elevator and escalator systems, and smart parking (including electric vehicle [EV] charging stations) have gained more importance and will form a crucial part of buildings and cities moving forward. Rapid employment of the Internet of ...
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15 Dec 2023  |  Global  |  Market Research
Top 7 Growth Opportunities in Smart Buildings, 2024
Decarbonization and Occupant Experience Enhancement to Shape Future Growth Potential of Smart Buildings
The COVID-19 pandemic has accelerated the need to automate buildings, presenting opportunities to increase digitalization and underscoring the need to decrease energy consumption in buildings. This has resulted in a spurt in demand for smart building management solutions. The Internet of Things (IoT), artificial intelligence (AI), and cloud technol...
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11 Apr 2023  |  Global  |  Market Outlook
Global Homes and Buildings Industry Outlook 2023
Technology-enabled, Data-driven Software Platforms Vital for Solid Industry Growth
The homes and buildings industry recorded a robust 8.6% growth in 2022, driven by demand for facility management services, smart home devices, customer experience platforms, and construction management solutions. Increasing adoption of internet of things (IoT) and artificial intelligence (AI)-driven smart building solutions also contributed to the ...
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19 Apr 2023  |  Global  |  Market Research
Global Facility Management Growth Opportunities
Technology, Sustainability, Workplace Optimization, and User Experience are Key FM Growth Strategies
Frost & Sullivan defines the facility management (FM) market revenue as end-user contracts in outsourced FM services and exclude in-house FM services and small FM. Outsourced FM that this study analyzed is termed as ‘FM market’. From now until 2027 will be the defining period for next-generation solutions in the FM market. As the market rebounds...
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06 Nov 2023  |  Europe  |  Market Research
UK Facility Management Growth Opportunities
Technology, Sustainability, Workplace Optimization, and User Experience as Key FM Growth Strategies
This study calculates the United Kingdom facility management (FM) market revenue using end-user contracts and includes the outsourced FM market (excluding in-house FM services). Revenue figures for the total FM market describe the addressable market, which is the market that FM service solution providers target. The UK FM market is the most develop...
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07 Dec 2023  |  Global  |  Market Outlook
Top 5 Growth Opportunities in Smart Homes, 2024
AI, IoT, AR, and VR to Elevate Consumers Connected Living Experience to the Next Level
This research study delves into the smart homes market with insightful analysis of near-future trends that will shape and drive its growth in 2024. The smart homes market is undergoing a multilayered evolution and is poised for robust growth in 2024. Factors driving this growth include the rising demand for smart home devices providing safety, secu...
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25 Apr 2023  |  Global  |  Market Research
Global Mechanical Recycling of Plastic Packaging Waste
AI-based and Robotic Sorting with Innovative Business Platforms Integrate Stakeholders to Enable Collaboration, Transparency, and Material Circularity
The circular economy approach involves initiatives across material and product life cycles, supporting sustainable resource consumption and waste prevention by assimilating high-tech solutions. The global resource management sector is transitioning toward greater digital technology adoption using disruptive smart technologies and platform-based sol...
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06 Jul 2023  |  Global  |  Market Research
Global BIM and Digital Twin for Built Environment Growth Opportunities
The Dynamic Duo will Transform the Future of Digital Building Life Cycle Management
BIM and digital twin are complementary technologies transforming the AEC industry by enabling collaborative design, improving project efficiency, and enhancing asset performance. BIM provides a comprehensive 3D modeling and data management platform, while digital twin extends it with data integration, optimization, simulation, and 3D virtual experi...
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22 Dec 2023  |  Global  |  Market Outlook
Top 8 Growth Opportunities in Lighting, 2024
Technology Strategy and Business Models to Fuel Advancement of Building Illumination and Specialized Lighting
Rapid advancements in connectivity, wireless technologies, and value-added services, including innovative business models such as lighting-as-a-service (LaaS), will characterize the lighting industry in 2024. These trends, coupled with the growing focus on sustainability and smart buildings, are poised to create exciting opportunities for revenue g...
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11 Dec 2023  |  Global  |  Market Outlook
Top 8 Growth Opportunities in HVAC, 2024
Advancements in AI and ML Call for Strategic Partnering and an Innovation Culture among HVAC Participants
Demand for connected and automated systems in buildings is rapidly increasing. The heating, ventilation, and air conditioning (HVAC) system is one of the most crucial operations components of a building, and it is integral to the digital transformation of building systems. Besides the decarbonization of buildings, advancement of HVAC systems is...
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