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
24 Nov 2021  |  Global
Visionary Business Models that Enable New Services and Digitalization are Success Factors for the Post-Pandemic Era
The COVID-19 pandemic has impacted every sector in some capacity and has forced market participants across industries to undergo rapid transformation. The building technologies and services industry is no exception and is at the cusp of a considerable shift. These changes are not restricted to technological or building design changes but involve ho...
23 Nov 2021  |  North America
A Benchmarking System to Spark Companies to Action—Innovation that Fuels New Deal Flow and Growth Pipelines
The global indoor air quality systems market is fragmented, with a healthy mix of traditional HVAC service providers, air purifier manufacturers, and start-ups offering air quality monitoring and air purification solutions. Companies have distinguished their products and services by developing next-generation technologies to tackle the impact of po...
19 Nov 2021  |  Global
Future Growth Potential Powered by Non-residential Building Regulations and Technological Advancements
Global emergency lighting is expected to account for 3.3% growth in 2021 after a decline of 6.7% in 2020 due to the pandemic. The market will only reach pre-COVID-19 growth rate in 2022. Market revenue is forecasted to be valued at $6.9 billion by 2027 with a compound annual growth rate (CAGR) of 5.9% from 2020 to 2027. North America will contin...
18 Nov 2021  |  Asia Pacific
Disruptive Technologies and Competition from Start-ups Stimulate the Progression of Building Management Solutions
The Singapore building management system (BMS) market is forecast to expand with a 7.2% CAGR for 2021–2027. Although the positive growth over the forecast period is attributable to recovery from the pandemic, it will not reach the market size of pre-COVID-19 years. Growth is lower due to slower recovery in the construction sector until 2027. Alth...
10 Nov 2021  |  South Asia, Middle East & North Africa
Disruptive Technologies are Enabling Energy Efficiency and Advancements in Building Management Systems
The building management system (BMS) market in the Gulf Cooperative Council (GCC) is witnessing the emergence of innovative technologies such as building information modeling (BIM) and 3D printing. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards te...
09 Nov 2021  |  North America
Innovative Business Models of Connected Lighting Solutions with Open, Interoperable Systems to Drive Future Growth
Buildings are shifting from conventional lighting to advanced smart lighting solutions that can help them realize energy efficiency targets, apart from improving occupant experience and comfort within their premises. Lighting companies that hit a plateau with their revenue growth are also focusing on offering digital lighting solutions, such as rem...
02 Nov 2021  |  Asia Pacific
Transformative Mega Trends including Building Technology Progression, and Future of Workplace are Key to Service Providers’ Advancement in FM
Singapore's facility management (FM) market is in the advanced stage of the growth lifecycle due to the strong culture of outsourcing and the high acceptance of value-added or innovative offerings. It is a mature market, and a large number of regional and global service providers have set up their headquarters in the city. A conducive business ...
29 Oct 2021  |  Asia Pacific
Innovative Business Models are the Way Forward for Vietnamese FM Advancement
This study covers the Vietnamese FM market, which includes cleaning services, M&E services, and parking management only. The FM market in Vietnam accounted more than $250 million in 2020, after a 2.8% decline due to the COVID-19 pandemic. Nonetheless, market growth will remain favorable until 2026 with increasing FM demand and awareness on outsourc...
12 Oct 2021  |  Global
Integration with Distributed Energy Resources and Building Internet of Things Platforms are Key Growth Strategies
The low voltage switchgear (LVSG) market is well established globally. This Frost & Sullivan research service provides an overview of the global LVSG market with a focus on protection and switching device components such as air circuit breakers, molded case circuit breakers, miniature circuit breakers, residual current circuit breakers, contactors,...
01 Sep 2021  |  Global
Connectivity and New Technology Convergence Unleash the Potential of AI and IoT and Launch Innovative Applications
Building energy management is now a cornerstone of building energy sustainability. Mass digitization targets building systems management and focuses on occupant health and well-being, enabling proactive performance improvements and making buildings more human-centric. The COVID-19 pandemic emphasizes the importance of minimizing ecological footprin...