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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
26 Jun 2020  |  Global
Technology Integration, Evolution of Business Models and Addition of Service Lines are Expected to Drive Growth in the Market
The global integrated facility management (IFM) market has the highest rate of growth within the overall outsourced facility management (FM) industry, followed by bundled-service and single-service FM offerings. It is also going through a period of major transformation, driven by technological advancements, upcoming business models, challenging mar...
17 Jun 2020  |  Asia Pacific
Technological Advancement and a Vision for Sustainability will Drive Change in Building Construction Business Models
Asia-Pacific is expected to record substantial building construction development in the next five years despite some impact from the COVID-19 pandemic in 2020. This is mainly impacted by the rapid urbanization and heavy investment in the region. The building construction industry is facing several challenges such as declined project productivity,...
18 May 2020  |  Asia Pacific
Digitalization will Bring Forth the Full Potential of People Flow Solutions in Smart Buildings and Infrastructure
People flow solutions (PFS) is a term newly introduced in the building systems industry. It generally defines the technologies or solutions applied for people flow control and management in and outside of a building. PFS has an increasingly significant role to play in conjunction with the rapid urbanization, where human and road traffic are getting...
27 Apr 2020  |  Europe
Technical Services and Integrated Contracts Will be the Main Growth Drivers
France is the third largest market for FM in Europe (after the UK and Germany) and is growing faster than the average rate of the western European market. It will present opportunities to incumbent suppliers as well as attract new entrants from outside the country. Like all markets in Europe, FM in France is going through a transformation driven by...
20 Apr 2020  |  North America
Preparing Homes and Buildings Participants for Success After a Pandemic
The homes and buildings (H&B) industry is driven by the penetration of Internet of Things (IoT) at the field level of buildings, the emerging adoption of AI-driven solutions at the management level, and cloud-based data analytics. These technologies are significantly impacting smart homes, LED lighting, building automation, and building energy mana...
11 Mar 2020  |  North America
Artificial Intelligence (AI)-driven Solutions, Energy Efficiency Directives, Sustainability Targets, Construction Activities, and Stringent Building Safety Codes Drive Overall Industry Growth
The homes and buildings (H&B) industry is driven by the penetration of IoT at the field level of buildings, by the emerging adoption of artificial intelligence (AI)-driven solutions at the management level, and by cloud-based data analytics. These technologies are significantly impacting the smart homes, LED lighting, building automation, and build...
29 Jan 2020  |  Europe
Growth Opportunities are Driven by Service Integration, User Experience, Business Productivity, Technical Services, and Internationalisation
The European facility management (FM) market is worth almost a quarter of a trillion dollars today. Although overall market growth is fairly flat, it will provide exciting opportunities in specific geographies, segments, and delivery models in the period to 2025. In spite of the significant revenue opportunity for outsourced FM, services are comm...
20 Dec 2019  |  Global
A New Era of Service Integration, User Experience, Business Productivity, Smart Technology, and Internationalisation
The global Facility Management (FM) market is going through a major transformation, driven by technology innovation, new business models, emerging value propositions, competitive disruption, and creative new service offerings. In many parts of the world, FM services are commoditising and there is a need for innovation and new value propositions if ...
18 Dec 2019  |  North America
Focus on Smart Energy Management, Unmet Needs, and Opportunities
Consumers play a key role in driving various trends in the connected home energy industry. Their perceptions determine the success or failure of various initiatives and innovations in the market. This survey was designed to capture valuable insights regarding energy aspects and adoption trends associated with connected home solutions. The study off...
25 Nov 2019  |  Asia Pacific
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...