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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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13 Dec 2022  |  Global  |  Market Outlook
Growth Opportunity Outlook in the Homes and Buildings Industry
The homes and buildings industry’s future is technology enabled. Recovery from the COVID-19 pandemic combined with decarbonization challenges will accelerate the use of digital building technologies. Heightened awareness about a safe and healthy environment will prompt the use of the internet of things (IoT), artificial intelligence (AI) applicatio...
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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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10 Jan 2019  |  Global  |  Market Research
World Lighting Controls Market, Forecast to 2025
Brand Agnostic Software Solutions will Adopt a Data-driven Approach in Creating Intelligent Lighting Environments
Lighting controls have transitioned from being simple devices that are used to control (turn on and turn off or dim) lighting appliances to being critical components of smart buildings. The advent of sensors and innovations in LED lighting has hastened developments within the lighting controls market. Apart from conventional benefits such as energy...
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19 Nov 2021  |  Global  |  Market Research
Global Emergency Lighting Growth Opportunities
Future Growth Potential Powered by Non-residential Building Regulations and Technological Advancements
Global emergency lighting is expected to account for 3.3% growth in 2021 after a decline of 6.7% in 2020 due to the pandemic. The market will only reach pre-COVID-19 growth rate in 2022. Market revenue is forecasted to be valued at $6.9 billion by 2027 with a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. North America will contin...
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20 Feb 2023  |  Global  |  Market Research
Post-pandemic Trends and Growth Opportunities in the Smart Homes Market
Focus on Cost Savings, Comfort, and Security will Enhance Future Growth Potential
This research study provides a post-pandemic trend analysis of the smart homes market, highlighting information on the growth of connected devices, regional trends, consumer preferences, and other key indicators. Smart and connected homes have an evolving, dynamic market poised for strong growth in the next 5 years. The primary drivers of this mark...
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04 Feb 2021  |  Global  |  Market Research
The Future of Smart Buildings—Top 10 Growth Opportunities in the Global Building Automation Market
Growth Strategies Fueled by Accelerated Integration of Health, Safety, and Security Features in Response to the COVID-19 Pandemic
The global building automation market has been experiencing an upswing during the last few years driven by increasing awareness about building optimization, energy efficiency, smart and green advancements, and the rise of smart city initiatives. The 2020 COVID-19 pandemic, however, has both accelerated the need for building automation systems and c...
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14 Mar 2023  |  Global  |  Market Research
Global Smart Thermostats Technology Innovation and Growth Opportunities
New Product Development and Strategic Partnering to Push Seamless Interoperability with Smart Home Devices
Rising energy costs and growing environmental concerns are leading to an increase in the demand for energy-efficient solutions for buildings. Smart thermostats provide a convenient and effective way to reduce energy consumption and save money on heating and cooling bills. Consumer demand to automate and control home environments is making smart the...
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08 Aug 2019  |  Global  |  Market Research
Global Smart Thermostats Market, Forecast to 2025
Increasing Thermostat Capabilities will Enable the Integration of Smart Home Devices and Drive Growth Opportunities Across the Globe
The proliferation of smart devices in residences across the globe has risen over the last two years. Smart thermostat is one such device that has seen traction, especially in regions like North America and Europe. Once considered as expensive devices with complicated controls, smart thermostats have become consumer friendly and light on the pocket ...
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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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