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30 Sep 2019  |  Asia Pacific  |  Market Research
FM Boom in Southeast Asia—Focus on the Vietnamese Market, Forecast to 2023
A Hotspot for Facilities Management Driven by Economic Growth and Foreign Investments
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, ...
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09 Aug 2018  |  Global  |  Market Research
Global Connected Street Lighting and Smart Lamp Poles Market, Forecast to 2024
Connected Street Lighting to Create a ‘Multi Service Platform’ for Smart City Applications
Upgrading public street lights to LED lights alone is not enough to achieve desirable energy savings. Therefore networked, adaptive street lighting solutions have emerged as a leading smart city application. Although replacing existing street lights with LED lamps could cut down cities' electricity costs by 50%, networking these LEDs can deliver ad...
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30 Jun 2022  |  Global  |  Market Research
Global Building Technologies and Services Sustainability Innovation and Growth Opportunities
Technology Strategy to Focus on Sustainability-related Innovation
Businesses continue to respond to the impact of two major trends; the ongoing coronavirus pandemic and climate change. The pandemic has created financial austerity among public and private organizations, and companies have also accelerated decarbonization in business operations as a way to gain competitive edge. As companies are resuming busines...
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20 Apr 2020  |  North America  |  Market Research
Impact of COVID-19 on Global Homes and Buildings Industry, 2020
Preparing Homes and Buildings Participants for Success After a Pandemic
The homes and buildings (H&B) industry is driven by the penetration of Internet of Things (IoT) at the field level of buildings, the emerging adoption of AI-driven solutions at the management level, and cloud-based data analytics. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy mana...
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26 Oct 2013  |  South Asia, Middle East & North Africa  |  Market Research
Analysis of the LED Lighting Market in the GCC
Energy Efficient and Cost Effective Technology Resolves Energy Issues for a Greener Environment
There has been a swift flow of infrastructure investments in the Middle East region, especially in Gulf Cooperation Council (GCC) countries such as KSA and Qatar due to rising population and the upcoming FIFA World Cup in 2022. Government legislations mandating the usage of energy efficient lighting in this region and growing environmental concern ...
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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 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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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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29 Apr 2019  |  Global  |  Market Outlook
Global Homes and Buildings (H&B) Industry Outlook, 2019
Artificial Intelligence (AI), Voice Command Control, and IoT-enabled Lighting to Drive the Industry Forward
The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as artificial intelligence (AI), machine learning, Internet of Things (IoT), data analytics, and the cloud. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy management markets. Ev...
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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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