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. 25 Nov 2019  |  Asia Pacific

    Australian Facilities Management Market, Forecast to 2025

    Self-delivery and Technology-driven Solutions to Support Market Growth

    The need to ensure regulatory compliance and the drive to extend asset life continue to support growth of the facilities management (FM) market in Australia. Stable demand from certain end-use sectors will underpin FM revenue growth. Recovery in the mining sector and sustained growth in healthcare services point to positive FM growth. However, skil...

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  2. 08 Nov 2019  |  Asia Pacific

    Growth Opportunities in the Asia-Pacific Facilities Management Market, Forecast to 2023

    Adapting to Evolving Demands is Key to Capturing Market Presence

    The Asia-Pacific facilities management (FM) market is enjoying stable growth, primarily supported by rapid FM development in developing markets and offset by low growth in mature markets. The increasing outsourcing culture and growing asset base due to construction activity and greater familiarity of information technologies across most corporation...

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  3. 30 Sep 2019  |  Asia Pacific

    FM Boom in Southeast Asia—Focus on the Vietnamese Market, Forecast to 2023

    A Hotspot for Facilities Management Driven by Economic Growth and Foreign Investments

    he Vietnamese facilities management (FM) market is expected to record a growth rate of 5.5% in 2019. By 2023, the total market is expected to record a compound annual growth rate (CAGR) of 6.0%, reaching $470.8 million. Rapid growth in Vietnam’s economy is driving building construction in various sectors, such as healthcare, financial, industrial...

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  4. 28 Aug 2019  |  Asia Pacific

    Australian Flexible Office Market, 2018

    Rising Demand for Flexible Offices to Drive Market Opportunities for Property Services and ICT Solutions

    More Australian offices are embracing flexible workplace options, driving the growth of Australia’s flexible office market. Key factors spurring market expansion include the changing work culture that is prioritising mobility and flexibility, including the trend away from long-term fixed leases towards more flexible terms, and the preference for ...

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  5. 10 Jun 2019  |  Asia Pacific

    Competitive Analysis of Singaporean Facilities Management (FM) Market, 2018

    Automation and Digitization Solve Industry Challenges and Lead to Operational Efficiency

    The Singaporean FM market is well developed with a comprehensive regulatory framework in place to drive the market. The strong outsourcing culture across the country, together with a conducive business environment, encourages both local and foreign service providers to establish their footprint in the country. The mature FM market in Singapore expe...

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  6. 10 Jun 2019  |  Asia Pacific

    ASEAN-6 and Australia Quarterly Facilities Management Trends, 2018

    Growing Outsourcing Culture and Emphasis on Cost Efficiency is on the Rise

    Facilities Management (FM) can be defined as the services associated with running or maintaining a facility, such as janitorial, engineering, security, environmental, landscaping, and other related services. Asia-Pacific (APAC) is a mix of mature and developing markets for facilities management services, with developing nations recording higher gro...

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  7. 03 Jun 2019  |  Asia Pacific

    Transformation of the Lighting Market in Asia-Pacific, 2019

    LED Revolution, Smart Technology, and New Business Models Propelling a Paradigm Shift

    From traditional incandescent lamps to compact fluorescent lamps (CFL) to light-emitting diodes (LED) and laser diodes (LD), the lighting market has come a long way in the last 10 years. With growing LED adoption and increasing smart solutions, leveraging Internet of Things (IoT) and Light Fidelity (LiFi), the lighting market is going through a pha...

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  8. 31 May 2019  |  Asia Pacific

    Building Automation System Market in Southeast Asia, Forecast to 2023

    BAS to Endure with New Business Models and Smart Cities Development in Southeast Asia

    The Southeast Asian building automation system (BAS) market is in its growth stage and presents a mixed bag of opportunities, which is marked by a high degree of regional variance with respect to market development and thus demand. This diversity necessitates customized solutions depending on the requirement of both the region and end user. The rap...

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  9. 24 Apr 2019  |  Asia Pacific

    Competitive Analysis of the Malaysian FM Market, Forecast to 2023

    Recurring Revenue Streams and Value Enhancement Crucial to Maintain Market Positioning

    The facilities management (FM) landscape in Malaysia is developing, yet highly competitive. High outsourcing rates and maturing end-user sectors continue to position Malaysia as an attractive market for service providers. The domestic market is led by several established service providers, with minimal change in market share from 2016 to 2017. Desp...

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  10. 21 Mar 2019  |  Asia Pacific

    Australian Healthcare Facilities Management Market, Forecast to 2024

    Increase in Health Expenditure and the Drive Toward Operational Efficiency Present Growth Opportunities for the FM Industry

    As hospitals look to improve operational efficiency in the provision of services, digital solutions become vital in delivering facilities management (FM) solutions. In addition, as hospitals look for more environmentally viable solutions, FM providers become an important part of energy- and environmentally-efficient management of hospitals. Increa...

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