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Software is Transforming the Industry, Where More than 60% of Start-ups Provide Software-based Solutions, Optimising Building Performance
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The homes and buildings (H&B) industry continues to evolve, driven by transformational technologies such as Internet of Things (IoT), data analytics, cloud, artificial intelligence (AI), blockchain, and edge intelligence. These technologies are significantly impacting the connected homes, LED lighting, building energy management, and demand response markets. Even in traditional markets such as heating, ventilation, and air conditioning (HVAC), fire and safety, and facilities management, technology is slowly penetrating to play a vital role in building energy optimization. The convergence of technologies will continue to change the market dynamics of the H&B industry by reducing the operating and infrastructure costs and improving the financial optimization of buildings.Both emerging participants and start-ups have developed innovative building performance optimization solutions that include IoT-enabled building automation, AI-enabled building intelligence, blockchain-based energy trading platforms, edge intelligence platforms, and cloud analytics to lead innovation efforts and compete with the giants in the industry.Frost & Sullivan has highlighted the contribution of 10 dynamic start-up companies, founded not before 2012, bringing innovation to the evolving H&B industry. The study outlines the key predictions for 2018–2022, disruptive trends, technologies transforming the industry, a list of 100 start-ups with micro profiles, and a detailed profile of 10 dynamic start-ups, including general company information, key performance indicators (KPIs), and strategic business operations.
The scope of the study covers start-up and emerging companies that provide products and solutions to customers in 10 key segments of the building technology industry. The segments are categorized as: building automation, controls and devices, IoT and data analytics, smart metering and grids, demand response, communications and machine-to-machine (M2M), micro generation and renewable energy, home energy management systems (HEMS) and building energy management systems (BEMS), facility management (FM) and performance contracting, and energy and sustainability software.
The highlight of this study is the rigorous methodology that was followed to ensure a list of 100 companies catering to different business segments and the shortlisted 10 dynamic start-ups based on their product innovation and growth strategies. Top management executives of all the 10 companies were interviewed to get accurate information on KPIs and other strategic information.
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ASEAN-6 and Australia Quarterly Facilities Management Trends, 2018
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Transformation of the Lighting Market in Asia-Pacific, 2019
Building Automation System Market in Southeast Asia, Forecast to 2023
Global Emergency Lighting Market, Forecast to 2025
Global Homes and Buildings (H&B) Industry Outlook, 2019
Growth Opportunities in the German Facility Management Market, Forecasts to 2025
Frost Radar in the Global Building Energy Management Systems (BEMS) Market
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