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he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial, ...

15 Jul 2020  |  Asia Pacific  |  Market Research

Analysis of the Growth Strategies of ASEAN-6 Facilities Management Companies, Forecast to 2025

Identifying Strategies to Cope with the Transforming Competitive Market and Global Situation

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The future of facilities management (FM) will require stringent monitoring of visitors, workspace management, consistent cleanliness and hygiene, and holistic security to manage any future threats similar to COVID-19. This study focuses on presenting the competitiveness of FM providers through a selection of strategic criteria that respond to under...

From traditional incandescent lamps to compact fluorescent lamps (CFL) to light-emitting diodes (LED) and laser diodes (LD), the lighting market has come a long way in the last 10 years. With growing LED adoption and increasing smart solutions, leveraging Internet of Things (IoT) and Light Fidelity (LiFi), the lighting market is going through a pha...

This research studies the growing market for building construction in the Asia-Pacific, and it discusses the key trends and opportunities such as green and smart buildings. The fundamental factors driving and restraining this market are examined along with a forecast of the market revenue for the residential and non-residential segments from 2014-2...

05 Aug 2016  |  Europe  |  Market Research

European Electronic Security Market

Video Analytics and Cloud-based Access Control Solutions will Drive Market Growth

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The electronic security market in Europe is well established. There has been an upsurge in Internet Protocol (IP) video surveillance and cloud-based access control products. Driven by technological developments and increased security concerns, the market will grow at healthy rates throughout the forecast period till 2020 and even beyond. This study...

Growing safety concerns will drive the market for emergency lighting in India and will encourage innovation in higher technologies such as flame-proof specification, healthy competition through competitive pricing and efficient energy use through LED lamps. Soaring construction and development activities in shopping malls, theatres, airports, infor...

21 Dec 2020  |  South Asia, Middle East & North Africa  |  Market Research

Impact of COVID-19 on the Gulf Corporation Council (GCC) Facilities Management Market

Technology Strategy Based on AI and Robotics to Deliver More Efficient FM Services

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Although the COVID-19 pandemic has devastated the global economy, the GCC facilities management (FM) market has been among the lesser impacted industries. This study covers the reasons why and offers the results of Frost & Sullivans extensive engagement survey (in collaboration with MEFMA) of key industry players active in the region. In particular...

28 Feb 2017  |  Global  |  Market Research

Global LED Lighting Market (2017 Update)

Driven by IoT, LaaS will Usher in Connected Lighting and Living by 2023

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This study provides an in-depth analysis of the global LED lighting market in 2016, covering 7 application segments (residential, retail, architectural, outdoor, office, industrial, hospitality) in 5 regions (North America, Europe, Latin America, the Middle East and Africa, and Asia-Pacific). After evaluating the market size for 2016 to be $ 47,303...

Light-as-a-Service (LaaS) is a subscription-based lighting industry business model where the end-user or the building owner purchases the light rather than the hardware that delivers it. With this model, the vendor and the end user enter into a multi-year contractual agreement with payment and energy saving details. LaaS was introduced to avoid the...