Search results for: 'Defense Data Analytics, Machine Learning, and Artificial Intelligence Growth Opportunities'

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...

While the IoT is expected to transform the plant floor into a hyper-connected space and dissolve boundaries between individual business units within the organization, a number of challenges require attention to ensure the future of a connected enterprise. This strategic market insight provides value chain participants in the IoT ecosystem an overvi...

05 May 2015  |  Europe  |  Market Research

European Home Automation Systems Market

Value-added Resellers to Drive Mass Commercialisation

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The home automation market has undergone major changes in the last couple of years with respect to technological innovation, competitive landscape, new business models, new distribution channels, and the introduction of smart products. With high growth projected across Europe in line with increased connectivity and convergence, Frost & Sullivan exp...

Guestroom automation in Indian hotels has gained momentum in recent years, mainly due to rising concerns regarding customer satisfaction, which is the motto of the hospitality industry. Although initial costs are high and hinder swift market growth, increasing awareness about the long-term benefits of hotel guestroom automation will eliminate barri...

The manufacturing and production industry is set for radical transformation spurred by 5 key forces (the cloud, Big Data, analytics, virtualization, and the Internet of Things). These technologies will sustain the future manufacturing community and ensure sustainable growth and profitability. This study investigates the impact of these forces on pr...

13 May 2015  |  Europe  |  Market Research

The European Building Automation Market

European Buildings' Directive Towards Near Zero Energy Buildings Sets the Pace of Market Adoption

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While the building automation (BA) market in Europe has been mature, it is starting to see a revived growth. This growth is mainly being driven by a strong focus on energy efficiency and by an overall performance of buildings. However, the building automation market is also going through a renaissance because of a wave of new technology developmen...

Using Frost & Sullivans Visi-MAP 2.0 framework, this strategic insight looks to distill key macro forces into 8 converging themes, namely, collaborative manufacturing, control-on-the-go, e-convergence, expert systems, frugal engineering and manufacturing, knowledge management systems, risk management, and service delivery innovation, further ana...

The building automation market is dependent on growth factors such as energy efficiency, supportive legislation and regulations for energy efficiency in buildings, as well as buildings' end-user comfort, advancements in digital technology, and growth in commercial construction. The growth is restrained by macroeconomic factors and a lack of legisla...

The key challenges that the LED lighting market face are the prevalence of alternate technologies and high initial investment. Raising awareness amidst residential end users, financing projects, and leasing and maintenance of lighting solutions in the professional lighting market can tackle these challenges and provide untapped opportunities. End u...