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The economic outlook for Western Europe is expected to stay muted in 2020. The US-China trade wars, global economic slowdown, and the uncertainty surrounding Brexit have softened external demand, affecting export-based economies such as Germany. While unemployment rates have been low and stable across most of Western Europe, job growth has plateaue...

The Microelectronics Technology Opportunity Engine covers innovations pertaining to Advanced Memory, Processors, Chip Manufacturing, and Compound Semiconductors among many others.The Microelectronics Technology Opportunity Engine captures global electronics-related innovations and developments on a weekly basis. Developments are centered on electro...

13 Jan 2025  |  Global  |  Market Outlook

Top 5 Growth Opportunities in Smart Buildings, 2025

Decarbonization, Electrification, and Digitalization to Drive Efficiency, Safety, and Comfort in Smart Buildings

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The smart building market is poised for robust growth driven by several key opportunities focusing on innovation, sustainability, and security. Transformative technologies such as AI, IoT, and advanced analytics enable the development of next-generation buildings that are smarter, more adaptive, and energy-efficient. Sustainable climate-smart solut...

The smart buildings industry is growing rapidly, spurred by technology advancements and the rising need for energy efficiency and sustainability. Building automation systems (BAS) are increasingly integrated with HVAC, lighting, and security systems with centralized platforms to maximize building performance and minimize energy use. This transforma...

Frost & Sullivan's Voice of the Enterprise Security Customer study on cloud security is a high-level overview of trends in the cloud security sector that also groups vendors based on ranges of net promoter score (NPS). A more granular view of the survey data, including specific NPS for vendors, is available in the full version of Frost & Su...

The smart home market is moving toward optimized and personalized devices, environmental control, and energy consumption through ubiquitous connectivity and digital transformation. This strategic analysis is part of Frost & Sullivan's continued coverage of the global IoT market. Frost & Sullivan offers valuable insights that will help IoT service p...

Rapid advancements in connectivity, wireless technologies, and value-added services, including innovative business models such as lighting-as-a-service (LaaS), will characterize the lighting industry in 2024. These trends, coupled with the growing focus on sustainability and smart buildings, are poised to create exciting opportunities for revenue g...

Globally, where the closure of coal power plants and the intermittent nature of RES challenge grid operations and stability, VPPs are a promising solution to add flexibility to the grid and solve energy issues of transmission congestion, peak demand, and peak-hour energy prices. Virtual power plants (VPPs) are an aggregation of decentralized distr...

Offshore wind energy involves the harvesting of wind power by setting up wind turbines in bodies of water, usually on the seafloor. Owing to the higher wind velocities in offshore locations, offshore wind turbines deliver greater power than their onshore counterparts. Higher offshore wind velocities also translate into higher capacity utilization f...