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28 Aug 2019  |  Global  |  Market Research
Global Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) Market, Forecast to 2025
Energy Efficiency Legislation, Customer Awareness, and Commitment to Sustainability are Crucial for Accelerated Market Growth
The Home Energy Management Systems (HEMS) and Building Energy Management Systems (BEMS) market is dynamic and poised for accelerated growth for the next 7 years. BEMS is primarily driven by the trend of high peak demand charges, customers’ commitment towards sustainability, energy efficiency legislation, state incentives for buildings to install en...
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30 Jan 2018  |  Global  |  Market Research
Global Smart Gas Meter Market, Forecast to 2025
Smart Metering-as-a-Service Will Create a New Revenue Stream for Manufacturers in the Regulated Smart Gas Meter Market
This global smart gas meter market research service is an update on the 2016 study and will provide insights on the latest developments within the market, including forecasts on unit shipment and associated revenue for all the major regions. The forecast period is from 2016 to 2026, providing a comprehensive view about the timeline for crucial smar...
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01 Sep 2021  |  Asia Pacific  |  Market Research
Australia Facility Management Growth Opportunities
Technology Adoption and Service Efficiency to Advance FM as the Economy Improves Post-pandemic
The Australian facilities management (FM) market registered disruption due to the COVID-19 pandemic in 2020, recording negative growth. It is forecast to remain negative in 2021. Frost & Sullivan expects the FM market to record stable development in 2022 as the economy recovers and fully recover by 2025 or 2026. New infrastructure development, h...
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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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10 Jun 2019  |  Asia Pacific  |  Market Research
ASEAN-6 and Australia Quarterly Facilities Management Trends, 2018
Growing Outsourcing Culture and Emphasis on Cost Efficiency is on the Rise
Facilities Management (FM) can be defined as the services associated with running or maintaining a facility, such as janitorial, engineering, security, environmental, landscaping, and other related services. Asia-Pacific (APAC) is a mix of mature and developing markets for facilities management services, with developing nations recording higher gro...
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28 Aug 2014  |  Europe  |  Market Research
European HEMS and BEMS Market
Technological Advancements and Compliance with EU Directives Drive Double-Digit Growth
Driven by technological advancements, cost reductions, and stringent EU regulations for improving energy efficiency in buildings, the HEMS and BEMS markets are collectively expected to cross $2 billion in revenue by 2018. Growing demand for an integrated solution for communication between sub systems or machine-to-machine interaction has made the m...
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22 Dec 2021  |  Asia Pacific  |  Market Research
Vietnam Building Automation Systems (BAS) Growth Opportunities
Disruptive Technologies and Innovative Business Models will be Key to the Advancement of the Industry
The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...
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02 Nov 2021  |  Asia Pacific  |  Market Research
Singapore Facility Management Growth Opportunities
Transformative Mega Trends including Building Technology Progression, and Future of Workplace are Key to Service Providers’ Advancement in FM
Singapore's facility management (FM) market is in the advanced stage of the growth lifecycle due to the strong culture of outsourcing and the high acceptance of value-added or innovative offerings. It is a mature market, and a large number of regional and global service providers have set up their headquarters in the city. A conducive business ...
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01 Sep 2021  |  Global  |  Market Research
Global BEMS and HEMS Emerging Technologies, Business Models, and Growth Opportunities
Connectivity and New Technology Convergence Unleash the Potential of AI and IoT and Launch Innovative Applications
Building energy management is now a cornerstone of building energy sustainability. Mass digitization targets building systems management and focuses on occupant health and well-being, enabling proactive performance improvements and making buildings more human-centric. The COVID-19 pandemic emphasizes the importance of minimizing ecological footprin...
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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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