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09 Jun 2021  |  Asia Pacific  |  Market Research
Australian and New Zealand Construction Collaboration Solutions Growth Opportunities
Platform Approach Critical to Expand Benefits and Applications for Future Growth Potential in a Challenging Environment
Australia and New Zealand (ANZ) are highly urbanized markets with large infrastructure expenditure by governments and high uptake of collaboration solutions in the construction industry. However, the use of cognitive solutions and the “innovate to zero†concept (for example, zero defects, emails, and emissions) are still nascent. Beyond cloud c...
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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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22 Aug 2019  |  Asia Pacific  |  Market Research
Southeast Asian LED Lighting Market, Forecast to 2023
Government Initiatives and Support Will Drive Market Growth; Emerging Applications Will Create New End-user Segments and Expand Existing Ones
The Southeast Asian LED lighting market has been growing steadily over the last few years, mainly due to government initiatives, rising demand, and infrastructure projects. The government offers strong support through incentives and regulations; financial support is provided to boost local manufacturers. Declining prices have resulted in rising con...
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31 May 2019  |  Asia Pacific  |  Market Research
Building Automation System Market in Southeast Asia, Forecast to 2023
BAS to Endure with New Business Models and Smart Cities Development in Southeast Asia
The Southeast Asian building automation system (BAS) market is in its growth stage and presents a mixed bag of opportunities, which is marked by a high degree of regional variance with respect to market development and thus demand. This diversity necessitates customized solutions depending on the requirement of both the region and end user. The rap...
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03 Jul 2018  |  Asia Pacific  |  Market Research
Asia-Pacific Integrated Facilities Management Market, Forecast to 2022
Cost Efficiency, Standardization, Long-term Partnerships and Technology Adoption are Key Trends
The Asia-Pacific integrated facilities management (IFM) market is witnessing stable growth, primarily supported by rapid growth and development of facilities management (FM) in developing markets, but offset by lower growth in mature markets. High construction activity and booming end-user sectors, coupled with the growing outsourcing culture and a...
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10 Jun 2019  |  Asia Pacific  |  Market Research
Competitive Analysis of Singaporean Facilities Management (FM) Market, 2018
Automation and Digitization Solve Industry Challenges and Lead to Operational Efficiency
The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...
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