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The smart and connected homes market is developing quickly and attracting a wide range of companies. Enabled by the Internet of Things (IoT), the journey towards smart and connected homes depends heavily on end user acceptance. This is a crucial factor for market participants to gain customer trust based on value propositions and suitable regional ...

The 2026 outlook for the building construction sector highlights a period of transformative change driven by accelerating digitalization, increasing sustainability requirements, and the growing adoption of industrialized delivery models. Rapid advances in AI, digital twins, and modular construction are redefining project execution by enabling highe...

In 2026, the HVAC industry is undergoing rapid transformation, driven by the convergence of advanced technologies, stringent sustainability mandates, and shifting customer priorities toward efficiency and resilience. Frost & Sullivan highlights key growth opportunities as IoT-enabled and cloud-based solutions revolutionize maintenance through real-...

The lighting industry is evolving beyond traditional illumination solutions toward intelligent automation and real-time monitoring that adapts to occupancy patterns and environmental conditions. The growing emphasis on intelligence, connectivity, sustainability, and innovative service-based models presents ample growth opportunities for businesses,...

Software embedded controllers and cloud-hosted solutions are crucial elements of the emergence of next-generation smart buildings. The integration of the Internet of Things (IoT) gateways with cloud infrastructure will enable intelligent networking between the field-level devices and the management layer, thereby assisting the growth of smart and c...

The HVAC equipment industry is in the midst of a transformation driven by demand for energy-efficient climate control solutions, building decarbonization initiatives, evolving refrigerant regulations, and the adoption of smart and connected building technologies. As building owners prioritize sustainability and operational efficiency, industry part...

21 Dec 2017  |  Global  |  Market Research

World Building Automation Systems (BAS) Markets, Forecast to 2022

Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions

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Key Issues Addressed

The global building automation systems (BAS) market is poised for healthy growth in the next five years. The key driving factors are growing use of internet of things (IoT) technology, the rising popularity of LED lights for utilization of energy efficiently, increased reliance on wireless technology, and concern for overall energy consumption in b...

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...

The facility management (FM) market is posed for a major transformation in the next 5 years. In many parts of the world, FM services are commoditising and there is a need for innovation and new value propositions. This visionary study identifies the 8 most significant transformational trends that will define the future of the FM market. It also pre...