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:
- Building Automation
- Energy Management
- Energy Harvesting
- Fire & Safety
28 Nov 2022  |  Asia Pacific
Strategic Focus on Digitalization and Partnerships Advance Elevator and Escalator Market Development
This study covers all elevator types, including machine room (MR)/machine room-less (MRL) passenger and service systems, and escalators. Elevator and escalator market revenue in this study covers the new installation (NI) business segment and excludes the service business segment. The report analyzes the elevator and escalator market in 4 major Mal...
18 Nov 2022  |  Asia Pacific
Long-term Engagements and Diversified Revenue Streams to Create Future Growth Potential in Facility Management
The Malaysian facility management (FM) market is considerably more advanced than its neighboring country markets (except Singapore) due to the extensive public sector participation and presence of global and regional companies. The high outsourcing culture in the public sector and support from government agencies have been instrumental in driving d...
17 Nov 2022  |  Europe
Disruptive Technologies and Sustainability Goals to Support Facility Management Growth
The facility management (FM) market in the United Kingdom is transforming, driven by technology innovations, new business models, emerging value propositions, sustainability, and creative service offerings. The UK FM market is the largest in Europe and one of the most developed, dynamic, and mature in the world. It has a highly competitive internat...
14 Nov 2022  |  Europe
Growth Strategies Pertaining to Sustainability and Digital-driven Services Crucial to Building Services Advancement
Building services focus on systems, structure, and operations in buildings that enable comfort and safety. These include renewal, repair, restoration, and upgrade of mechanical and electrical (M&E) services, fire safety and security (FSS), elevators (lifts) and escalators, energy systems, information and communications technology (ICT) networks, ro...
11 Nov 2022  |  Global
End-to-end Services and Digital Technology to Boost Modular Construction’s Future Growth Potential
Modular construction (MC) is associated with prefabricated or off-site constructed building units, such as walls, floors, rooms, and frames, which are assembled at construction sites. MC involves the production of building units in factories under stipulated requirements, including material standards, manufacturing processes and conditions, and pro...
10 Nov 2022  |  South Asia, Middle East & North Africa
Demand for Connected Home Systems and Air Quality Awareness Influence New Air Purifier Product Development
Urbanization, industrialization, and the population explosion are worsening India’s air pollution crisis. These factors are prompting renewed focus on initiatives to conserve air quality and improve the quality of life. The COVID-19 pandemic has also sparked customer awareness about air pollution and the spread of airborne diseases, triggering de...
13 Oct 2022  |  Asia Pacific
Technology Strategy is Vital to the Region’s FM Transformational Growth.
The Southeast Asia (SEA) facility management (FM) market is growing, supported by the high construction and renovation activity in the region due to the rapid urbanization and the expansion of smart buildings. The adoption of advanced technologies in building services is also witnessing rapid growth. In addition, government regulations for energy e...
23 Sep 2022  |  Global
Strategic Partnering and Technology Innovation to Foster Flexible Workspace Expansion
Organizations and individuals lease flexible workspaces for periods shorter than traditional business office leases, including month-to-month rolling rentals, 12–24-month contracts, or personally tailored arrangements to meet the tenant’s needs. Opportunities for flexible workspaces focus on property services and ICT solutions and services. ...
12 Sep 2022  |  Europe
Technology Strategy in Digitalization and Smart Cities to Spur Advancement of Building Mobility Solutions
The COVID-19 pandemic rapidly changed how buildings function. Building mobility solutions have gained more importance and will form a crucial part of buildings and cities in the near future. Rapid employment of the Internet of Things (IoT), artificial intelligence (AI), and cloud technologies will make products smarter and revolutionize mobility in...
09 Sep 2022  |  Europe
Strategic Partnering and Innovation Culture in ESPC to Uphold Buildings’ Operational Efficiency
As the construction industry resumes a level of pre-pandemic operational efficiency and commercial establishments reopen, energy demand from buildings in Europe has surged. For a brief period between 2020 and early 2022, energy efficiency measures did not grow rapidly, despite enabling regulations. This period hampered the achievement of several go...