The homes and buildings (H&B) industry is driven by the penetration of IoT at the field level of buildings, by the emerging adoption of artificial intelligence (AI)-driven solutions at the management level, and by cloud-based data analytics. These technologies are significantly impacting the smart homes, LED lighting, building automation, and building energy management markets. Frost & Sullivan sees an increased level of awareness among building managers and customers regarding the value creation from these technologies. Industry participants in traditional markets such as heating, ventilation, and air conditioning (HVAC), fire and safety, and facility management (FM) are integrating digital offerings to provide technology-enabled solutions. These solutions play a vital role in seamless integration with existing systems and the delivery of building performance optimisation. The H&B industry will continue to evolve with the penetration of advanced technologies that provide energy benefits, cost benefits, and value-based outcomes. The industry is expected to reach $1,341.24 billion in 2020, with market expansion driven by high growth in segments such as smart homes, LED lighting, BEMS, HEMS, and residential energy storage. The H&B industry is a combination of traditional and high-growth markets, and it has huge opportunities for both leading and emerging participants. Leading building technologies participants are swiftly changing their value proposition towards improving the energy efficiency and sustainability of buildings as well as improving occupants’ comfort. They are doing this by integrating digital offerings into existing solutions through mergers and acquisitions. Emerging companies are innovating at a faster pace by incorporating cutting-edge technologies in their product offerings. This allows them to sometimes outpace the product offerings of incumbents. Therefore, it is necessary for industry participants, investors, and other stakeholders to know all about the H&B ecosystem—key growth opportunities in different segments of the industry, target regions, technologies transforming the industry, and the companies to watch. This outlook will help participants understand the dynamics of the industry in 2020 with a focus on key market developments and predictions. Market predictions, trends, and growth opportunities have been analysed for the study period from 2019 to 2020, with the base year as 2019. The study classifies the H&B industry under 6 key segments: 1) Lighting—LED lighting, lighting controls, smart street lighting, smart lamp poles, emergency lighting; 2) Energy management—residential energy storage, HVAC, refrigeration solutions, low-voltage power distribution; 3) Automation—building automation and BEMS; 4) Facility management; 5) Fire safety and security; and 6) Smart homes. It also assesses and discusses companies that performed well in 2019 and lists companies that are worth looking out for in 2020 based on their growth and innovation aspects. The companies considered for the assessment include Siemens, Honeywell, Johnson Controls, Schneider Electric, Carrier, Osram, Signify, Acuity Brands, Daikin, Google, Amazon, EcoEnergy Insights, Foghorn, 75F, Xiaomi, Baidu, Uplight, BrainboxAI, and Spacti. Analyst: Anirudh Bhaskaran