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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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11 Feb 2026  |  Global  |  Market Outlook
Top 5 Growth Opportunities in Smart Buildings, 2026
AI Agents, Unified Platforms, and Secured Digitized Solutions to Drive Efficiency, Safety, and Comfort in Smart Buildings
In 2026, the smart buildings sector is accelerating rapidly, propelled by the convergence of AI agents, IoT sensors, and cloud-based platforms that tackle the longstanding 25%–35% efficiency gap in commercial properties while introducing personalized, conversational interfaces to elevate tenant satisfaction and technician efficiency. Autonomous edg...
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22 Mar 2023  |  North America  |  Market Research
North America Facility Management (FM) Growth Opportunities
Advanced Service Propositions and Agility Drive Competitive Intensity and Support Post-pandemic Success
The North American FM market has the highest maturity compared to other regions. The United States is the world’s biggest FM market in outsourced FM revenues. Mature end users and participants and attractive opportunities from sizable end-user sectors (e.g., commercial, public) have contributed to the outsourcing culture and the substantial market....
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11 Mar 2020  |  North America  |  Market Outlook
Global Homes and Buildings (H&B) Industry Outlook, 2020
Artificial Intelligence (AI)-driven Solutions, Energy Efficiency Directives, Sustainability Targets, Construction Activities, and Stringent Building Safety Codes Drive Overall Industry Growth
The homes and buildings (H&B) industry is driven by the penetration of IoT at the field level of buildings, by the emerging adoption of artificial intelligence (AI)-driven solutions at the management level, and by cloud-based data analytics. These technologies are significantly impacting the smart homes, LED lighting, building automation, and build...
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29 Jul 2021  |  North America  |  Market Research
Top 50 Companies Accelerating Digitalization in the Global Homes and Buildings Industry
AI-enabled Solutions that Support Healthy Building Services Will Accelerate Adoption of Digital Offerings
Digital transformation is gaining momentum in the post-COVID-19 environment; customers are looking for solutions that would cut a building’s operational expenditure and are being offered through flexible payment models that reduce the capital expenditure burden. Frost & Sullivan carried out an extensive and exhaustive technology benchmarking anal...
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07 Mar 2025  |  Global  |  Market Outlook
Top 8 Growth Opportunities in HVAC, 2025
AI and IoT Integration with HVAC will Unlock Revenue Opportunities in Services and Niche Applications
In this study, Frost & Sullivan identifies and elaborates on the key trends that will shape the HVAC industry in 2025, highlighting the transformative impact of technology, sustainability, and evolving customer demands. The integration of IoT and cloud-based solutions is revolutionizing HVAC maintenance by enabling real-time remote monitoring, pre...
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04 Sep 2025  |  Global  |  Market Research
Smart Homes Market, Global, 2024–2030
AI-Driven Personalization, Servitization, and Platform Synergy to Drive Industry Transformation
The global smart homes market is projected to reach $405.94 billion by 2030 at a compound annual growth rate of 9.3% from 2024, fueled by demand for convenience, energy efficiency, security, and comfort, alongside rising disposable incomes, urbanization, and the proliferation of IoT-enabled devices. Falling prices and simplified DIY installation ar...
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11 Jan 2013  |  North America  |  Market Research
Analysis of the North American LED Lighting Market
Energy Savings and Supportive Legislation Lead to Strong Market Growth
The North American LED Lighting market is primarily driven by the energy savings that can be achieved by upgrading to LED lighting products and supportive legislation. This research service provides an in-depth analysis of the North American LED lighting market. The research service is segmented into indoor LED lighting and outdoor LED lighting. Th...
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27 Jul 2022  |  Asia Pacific  |  Market Research
China Facility Management Growth Opportunities
Sustainability Innovation Culture and Technologies to Support Facility Management Value Proposition
The Chinese facility management (FM) market is at a fast-growing stage, owing to the slower start than other Asia-Pacific developing markets. It has been enjoying double-digit growth since before COVID-19. The rapidly increasing outsourcing culture in the country has driven FM market development, supported by a large and still expanding asset base....
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12 Aug 2021  |  North America  |  Market Research
Global Li-Fi and Optical Camera Communications Growth Opportunities
Accelerated Growth of IIoT and Building IoT Applications Powers Future Growth Potential
Li-Fi and optical camera communications (OCC) are emerging light communication technologies that have gained traction in the past few years in indoor and outdoor wireless communications. Li-Fi is a networked, bi-directional wireless communication technology that uses light to transmit/receive massive amounts of data at higher speeds for short-range...
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