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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...
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...
08 Nov 2019  |  Asia Pacific
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...
03 Jun 2019  |  Asia Pacific
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...
28 Mar 2019  |  Europe
Strong Growth and Broad Opportunities in Europe’s Highest Potential FM Market
The overall addressable FM market in Germany is the biggest in Europe, although the actual market revenue is underdeveloped due to a high reliance on in-house services in many industrial sectors. As FM awareness increases and outsourcing becomes more widely accepted, the situation is changing, and the growth in Germany will be among the highest in ...
11 Sep 2018  |  Europe
Service Innovation and Contract Integration to Drive Growth and Industry Transformation
The facility management (FM) market in the Nordic region is one of the most advanced in the world, but it's also one of the most mature and revenue growth is becoming hard to find. Companies need to innovate around technology, new business models, emerging value propositions, and creative new service offerings to find ways to deliver profitable an...
24 Nov 2017  |  Asia Pacific
Increasing Adoption of DHC Creates Abundant Opportunities for Growth
District heating and cooling is not a new concept, but this technology is gaining traction in Asia in the current era of urbanization, energy insecurity, and climate change mitigation. The study period is 2014–2021, with the base year as 2016, and forecast period as 2017 to 2021. This research covers East Asia (Japan, South Korea, and Taiwan) and...
29 May 2017  |  Europe
Strong Opportunities for Service Integration and Hard Services in Europe’s Fastest Growing FM Market
Spain is one of the smallest Facility Management (FM) markets in Europe on a per capita revenue basis. As FM awareness increases and outsourcing becomes more widely accepted, its growth will be the highest in all of Europe in all three delivery models (single-service, bundled service, and Integrated Facility Management or IFM). While soft-service F...
29 Mar 2017  |  Europe
Market Transformation Driven by Convergence of FM with Workplace Change Management to Offer Business Productivity
The facility management (FM) market in the United Kingdom is going through a transformation driven by technology innovation, new business models, emerging value propositions, and creative new service offerings. The UK FM market is one of the most developed and mature in the world with a highly competitive international supply base. FM services ar...