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. 22 Dec 2021  |  Asia Pacific  |  Market Research

    Vietnam Building Automation Systems (BAS) Growth Opportunities

    Disruptive Technologies and Innovative Business Models will be Key to the Advancement of the Industry

    The COVID-19 pandemic has accelerated the need to automate buildings. There is an increasing need to manage buildings remotely, which demands the convergence of advanced analytics, artificial intelligence (AI), and emerging technologies with building automation systems (BAS). Currently, 90% of the BMS market in Vietnam is in the early stages of dig...

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  2. 18 Nov 2021  |  Asia Pacific  |  Market Research

    Singapore Building Management System Growth Opportunities

    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...

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  3. 02 Nov 2021  |  Asia Pacific  |  Market Research

    Singapore Facility Management Growth Opportunities

    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 ...

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  4. 29 Oct 2021  |  Asia Pacific  |  Market Research

    Vietnam Facility Management Growth Opportunities

    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...

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  5. 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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  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. 23 Jun 2021  |  Asia Pacific  |  Market Research

    Thailand Residential and B2B Solar Rooftop Installations, Forecast to 2026

    Innovation Culture in Business Models and Strategic Partnerships to Push Solar Projects Amidst Challenging Times

    The study covers a macro assessment, market segmentation and sizing, assessment of competitors, value chain analysis, and growth opportunities for rooftop solar photovoltaic installations for residential and non-residential (defined as business-to-business [B2B]) buildings in Thailand. Commercial and industrial building segments are the most att...

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  10. 11 Jun 2021  |  Asia Pacific  |  Market Research

    Southeast Asian Integrated Facilities Management Growth Opportunities

    Acknowledgment of Transformative Trends, Particularly Those Pertaining to Technology Adoption, will be Key to Service Providers’ Advancement in the Region

    The Southeast Asian (SEA) integrated facilities management (IFM) market is in the development stage of the growth life cycle, primarily supported by narrowing expectation gaps between IFM providers and end users, greater demand for energy efficiency, and regulatory support. Growth is also driven by the emergence of service providers that offer spec...

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