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

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

RELEASE DATE
29-Jul-2021
REGION
North America
Research Code: MG2F-01-00-00-00
SKU: EN01262-NA-MT_25639
$4,950.00
In stock
SKU
EN01262-NA-MT_25639
$4,950.00
DownloadLink

Pay by invoice

ENQUIRE NOW

Description

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 analysis, identifying 30 digital technologies and post-COVID-19 applications that can address operational challenges faced by building and facility managers and building owners for business continuity. Critical market challenges such as subsequent COVID-19 waves, lack of return-on-investment evidence for digital solutions, value-creation uncertainty, and overlapping functionalities of several solutions restrain the widespread adoption of digital solutions.

This research helps end customers overcome the critical issues they face by evaluating the ecosystem of digital transformation solution providers offering building technologies and post-COVID-19 applications. Using scientific methods, industry expert dialogues, and decision support matrices, we have identified the top 50 digital practitioners across the global homes and buildings industry. A detailed discussion covers industry innovations and trends along with the implications for the near future. The study offers an extensive look at the digital solution of each of the 50 companies and the critical customer issues these solutions address, along with the justification of why each company is a digital best practitioner.

Frost & Sullivan defines a digital transformation solution as a suite of hardware, software, and services that drives business innovation and operational transformation across the homes and buildings industry segments. The service components considered for market sizing and top 50 profiles are fault detection and diagnostics, predictive maintenance, energy optimization, remote monitoring, digital twin, healthy building services, and workplace optimization. Frost & Sullivan estimates the value generated by digital solutions in the global homes and buildings industry will reach $25.69 billion in 2025.

Market predictions, trends, and growth opportunities have been analyzed, using a base year of 2020. The study highlights the top 8 predictions for the industry and companies 'to watch' across 7 key industry segments: lighting, energy management, smart building management, fire safety and security, facility management, smart homes, and construction management.

Key Issues Addressed

  • Which are the top 50 companies pioneering digital transformation in the global homes and buildings industry?
  • Which service component has the highest growth potential in the forecast period? 
  • What are some of the industry best practices and use cases launched and implemented for the post-COVID-19 environment? 
  • What is the addressable market for digital solutions? Which region and which end-user vertical currently dominates the market? 
  • What are the challenges for digital solution adoption across the homes and buildings industry segments?

Author: Anirudh Bhaskaran

RESEARCH: INFOGRAPHIC

This infographic presents a brief overview of the research, and highlights the key topics discussed in it.
Click image to view it in full size

Table of Contents

Why Is It Increasingly Difficult To Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Homes and Buildings Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Research Overview

How You Can Leverage this Research—Reader-based View

Top 50 Digital Best Practitioners

Top 50 Digital Best Practitioners (continued)

Top 50 Digital Best Practitioners (continued)

Top 50 Digital Best Practitioners (continued)

Top 50 Digital Best Practitioners (continued)

Top 50 Digital Best Practitioners (continued)

Top 50 Digital Best Practitioners (continued)

Research Scope

Industry Segmentation

Digital Solutions in the Homes and Buildings Industry—Analysis Methodology

Digital Solutions in the Homes and Buildings Industry—Analysis Methodology (continued)

Executive Dashboard

Digital Solution Architecture of Homes and Buildings Industry

Top Building Technologies and Applications—Evaluation Criteria

Top Building Technologies and Applications—Technology Radar

Key Market Forces of Change

Key 2021 Homes and Buildings Industry Predictions

Prediction 1—Large-scale Deployments of UV-C-based Disinfection and Air Filtration Products Expected

Prediction 2—IAQ-based Ventilation to Become the Core Element of Healthy Buildings in the Post–COVID-19 Environment

Prediction 3—AI-driven Building Solutions to Assist End Customers to Achieve Sustainability Goals

Prediction 4—Digital Lighting Solutions Backed by LaaS Model to Take Off Post–COVID-19

Prediction 5—Healthy Building Certifications to Become the New Minimum for Buildings in the Post–COVID-19 Environment

Prediction 6—Resilient Business Models Prioritizing Digital Solutions and Post–COVID-19 Applications to Take Center Stage

Prediction 7—Digital Twin in the Built Environment to Play a Critical Role in Operations and Maintenance of Connected and Healthy Workplaces

Prediction 8—Washroom Innovations to Pick Up Pace in the Post–COVID-19Environment, Focusing on the Health and Wellbeing of Occupants

Total Addressable Market of Digital Solutions in Homes and Buildings Industry

Growth Drivers for Digital Solution Adoption across Homes and Buildings Industry Segments

Growth Restraints for Digital Solution Adoption across Homes and Buildings Industry Segments

Forecast Assumptions

Revenue Forecast

Digital Solution Revenue Forecast by Service Components

Revenue Forecast Analysis

World’s First Commercial Building with Post–COVID-19 Technologies and Applications

Best Practice Examples and Use Cases

Best Practice Examples and Use Cases (continued)

Best Practice Examples and Use Cases (continued)

ABB

Acuity Brands

Aircuity

Airthings

Autodesk

Bentley Systems

Bosch

BrainBox AI

Carrier

CBRE

City FM

Cognitive Systems

C3 AI

Daikin

Dassault Systemes

Distech Controls

Eaton Corporation

EcoEnergy Insights

Ecolibrium Energy

Emcor UK

Engie

Enlighted Inc.

FogHorn

Google Nest

Helvar

Honeywell

Johnson Controls

Locatee

L&T Technology Services (LTTS)

Legrand

NEC Corporation

Nemetschek Group

Osram

Plume

PointGrab

Procore

Rayven

Sauter Controls

Schneider Electric

Siemens

Signify

Smappee

Spacewell

Switch Automation

Trane Technologies

Trilux

Velux

Willow

Zumtobel

75F

Growth Opportunity 1—Look Out for Government Regulations and Policies Supporting Digitalization and Sustainability

Growth Opportunity 1—Look Out for Government Regulations and Policies Supporting Digitalization and Sustainability (continued)

Growth Opportunity 2—Integrate Smart Building Platform with Digital Twin Solution to Deliver Cognitive Building Solution

Growth Opportunity 2—Integrate Smart Building Platform with Digital Twin Solution to Deliver Cognitive Building Solution

Growth Opportunity 3—Provide Inclusive and Customized Product Offerings with Recurring Revenue for Resilient Business Models

Growth Opportunity 3—Provide Inclusive and Customized Product Offerings with Recurring Revenue for Resilient Business Models (continued)

Growth Opportunity 4—Combine Health and Wellness Offerings with Existing Building Solutions to Create Market Attractiveness

Growth Opportunity 4—Combine Health and Wellness Offerings with Existing Building Solutions to Create Market Attractiveness (continued)

1. Engage with Our Growth Pipeline as a Service (GPaaS) Platform to Understand the Need for Strategic Pivots and to Thrive Tomorrow

2. Develop the Industry’s Best and Credible Portfolio to Amplify Your Product Positioning and Accelerate the Demand Generation Needs

3. Study License for Reprint & Integration with Landing Page

4. Virtual Think Tanks, Led and Moderated by Frost & Sullivan

5. Consulting Services Portfolio to Meet Your Bespoke Requirements

Your Next Steps

Why Frost, Why Now?

List of Exhibits

Legal Disclaimer

Related Research
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 analysis, identifying 30 digital technologies and post-COVID-19 applications that can address operational challenges faced by building and facility managers and building owners for business continuity. Critical market challenges such as subsequent COVID-19 waves, lack of return-on-investment evidence for digital solutions, value-creation uncertainty, and overlapping functionalities of several solutions restrain the widespread adoption of digital solutions. This research helps end customers overcome the critical issues they face by evaluating the ecosystem of digital transformation solution providers offering building technologies and post-COVID-19 applications. Using scientific methods, industry expert dialogues, and decision support matrices, we have identified the top 50 digital practitioners across the global homes and buildings industry. A detailed discussion covers industry innovations and trends along with the implications for the near future. The study offers an extensive look at the digital solution of each of the 50 companies and the critical customer issues these solutions address, along with the justification of why each company is a digital best practitioner. Frost & Sullivan defines a digital transformation solution as a suite of hardware, software, and services that drives business innovation and operational transformation across the homes and buildings industry segments. The service components considered for market sizing and top 50 profiles are fault detection and diagnostics, predictive maintenance, energy optimization, remote monitoring, digital twin, healthy building services, and workplace optimization. Frost & Sullivan estimates the value generated by digital solutions in the global homes and buildings industry will reach $25.69 billion in 2025. Market predictions, trends, and growth opportunities have been analyzed, using a base year of 2020. The study highlights the top 8 predictions for the industry and companies 'to watch' across 7 key industry segments: lighting, energy management, smart building management, fire safety and security, facility management, smart homes, and construction management.--BEGIN PROMO--

Key Issues Addressed

  • Which are the top 50 companies pioneering digital transformation in the global homes and buildings industry
  • Which service component has the highest growth potential in the forecast period 
  • What are some of the industry best practices and use cases launched and implemented for the post-COVID-19 environment 
  • What is the addressable market for digital solutions Which region and which end-user vertical currently dominates the market 
  • What are the challenges for digital solution adoption across the homes and buildings industry segments

Author: Anirudh Bhaskaran

More Information
Author Anirudh Bhaskaran
GPS Codes 9343-A4,GETE
Industries Environment
No Index No
Is Prebook No
Podcast No
WIP Number MG2F-01-00-00-00