Smart Buildings

A major revolution in urban technology and digitization of services is underway with the emergence of Smart cities.  The convergence of technology and competition is bringing intelligence and driving the integration of buildings into the smart city ecosystem and longer term trends such as the Internet of Buildings. Smart buildings hold the key to building futuristic smart cities. Digitally connected intelligent buildings and data analytics will drive innovation from building and energy efficiency to full smart city integration.


Frost & Sullivan’s Homes & Buildings Program Area focuses on the transformational trends shaping the future of the smart buildings market and smart cities market by providing global industry analysis, custom consulting, growth consulting (strategy consulting), market research, market forecasts, and insights into emerging technologies that include:

Home Automation

  • Building Automation
  • Energy Management
  • Energy Harvesting
  • Lighting
  • Fire & Safety
  1. 01 Sep 2021  |  Asia Pacific  |  Market Research

    Australia Facility Management Growth Opportunities

    Technology Adoption and Service Efficiency to Advance FM as the Economy Improves Post-pandemic

    The Australian facilities management (FM) market registered disruption due to the COVID-19 pandemic in 2020, recording negative growth. It is forecast to remain negative in 2021. Frost & Sullivan expects the FM market to record stable development in 2022 as the economy recovers and fully recover by 2025 or 2026. New infrastructure development, h...

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  2. 12 Aug 2021  |  North America  |  Market Research

    Global Li-Fi and Optical Camera Communications Growth Opportunities

    Accelerated Growth of IIoT and Building IoT Applications Powers Future Growth Potential

    Li-Fi and optical camera communications (OCC) are emerging light communication technologies that have gained traction in the past few years in indoor and outdoor wireless communications. Li-Fi is a networked, bi-directional wireless communication technology that uses light to transmit/receive massive amounts of data at higher speeds for short-range...

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  3. 29 Jul 2021  |  North America  |  Market Research

    Top 50 Companies Accelerating Digitalization in the Global Homes and Buildings Industry

    AI-enabled Solutions that Support Healthy Building Services Will Accelerate Adoption of Digital Offerings

    Digital transformation is gaining momentum in the post-COVID-19 environment; customers are looking for solutions that would cut a building’s operational expenditure and are being offered through flexible payment models that reduce the capital expenditure burden. Frost & Sullivan carried out an extensive and exhaustive technology benchmarking...

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  4. 26 Jul 2021  |  North America  |  Market Research

    North American Heating, Ventilation, and Air Conditioning Growth Opportunities

    Growth Strategies Will Center Connected Solutions for Energy Optimization and Enhanced Occupant Comfort Inside the Built Environment

    The COVID-19 pandemic impact on the North American HVAC market was relatively muted than expected. While the market was forecast to slump by 6% in 2020, the post-Q2 2020 rebound helped HVAC manufacturers get their business back on track. Amid the government change in the United States and the adoption of favorable climate change regulations and pro...

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  5. 20 Jul 2021  |  Europe  |  Market Research

    Italian Facilities Management Growth Opportunities

    Future Growth Potential for Participants after the Pandemic

    Facilities management is somewhat underdeveloped in Italy and the outsourced market is much smaller than other European countries with similar GDP and population size, such as the UK and France. Growth has been modest but steady in recent years, but the recovery from COVID-19 will see an accelerated CAGR for the period 2020 to 2025. Meanwhile, w...

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  6. 13 Jul 2021  |  Asia Pacific  |  Market Research

    Southeast Asia Facilities Management Emerging Business Models and Growth Opportunities

    Digitally-Led Business Models Create New Opportunities in Service Advancements

    COVID-19 severely affects all facilities management (FM) end-user segments. The Southeast Asian FM market revenue declined by 3.7% in 2020 due to the pandemic. As the market gradually recovers over the forecast period, competition is expected to intensify and accelerate the need for innovation in FM services. FM market participants in Southeast Asi...

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  7. 09 Jul 2021  |  Asia Pacific  |  Market Research

    New Zealand Facilities Management Growth Opportunities

    Technology Strategy and Use of Sophisticated Service Solutions are the Keys to Service Expansion and Improved Customer Experience

    The New Zealand (NZ) facilities management (FM) market is seeing relatively stable growth, despite the pandemic-induced disruption in 2020. The high awareness of FM services and active participation of end users, coupled with the growing awareness of energy efficiency and the existing building stock in the country, has been responsible for the stab...

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  8. 05 Jul 2021  |  Asia Pacific  |  Market Research

    Southeast Asian District Cooling Growth Opportunities

    Need for Energy Diversification and System Optimization to Boost Adoption of Disruptive Technologies and Enhanced Business Models

    District cooling (DC) is the cooling equivalent of district heating. This process involves supplying chilled water (usually between 4 and 8 degrees Celsius) from a central plant to multiple buildings via insulated underground pipes. The cooled water is then used to chill the indoor air in buildings before being sent back to the central plant to be ...

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  9. 05 Jul 2021  |  Global  |  Tracker

    Global Elevator and Escalator Industry Tracker, 2021

    Future Growth Potential in the New Equipment and Services Segments as the Market Recovers after COVID-19

    This study provides a global industry overview of new installations and service markets of elevators and escalators. Asia-Pacific and Americas, in particular Latin America, continue to be demand centers for new elevators and escalators with upcoming planned townships and smart cities, which include residential, office, transportation, and retail se...

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  10. 28 Jun 2021  |  Asia Pacific  |  Tracker

    Singapore Facilities Management Cost Tracker, 2021

    Increase in Manpower Costs Spurs Transformational Growth Strategies of FM Companies in Securing New Contracts

    This study provides an update to a similar study published in 2020. Since 2019, the cost of FM services in Singapore has increased. In 2021, FM vendors anticipate higher inflation rates for all services. Manpower cost is the main reason for price increase in FM services in 2020. For cleaning and security services, the increase in manpower costs is...

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