What are the major end-use verticals? What are the regional hotspots? How are participants leveraging innovative technologies for service advancement? What are the emerging corporate sustainability initiatives, and what are the notable M&As?
This research examines the key energy regulations supporting decentralization and decarbonization. It also showcases the growth opportunities fueled by grid digitalization and business model diversification, along with increasing investments in green hydrogen.
Which major regions are suitable for expansion? What competitive factors impact the growth of this sector? Who are the main stakeholders, and how are they creating new product offerings? What avenues are available for strategic investments?
The metaverse is the next step in the evolution of the internet and social media, according to Frost & Sullivan Research Director Kiran Kumar V. The metaverse is an interconnected network of virtual worlds that are shared and will serve as a new paradigm where our digital and physical lives converge. It refers to a three-dimensional virtual world where users can create content, trade and interact with each other through immersive experiences.
Many players define the metaverse as THE next revolution. At Frost & Sullivan, we compare it with our real physical universe, which is always expanding since its creation in the Big Bang. Meta (Facebook) rebranding and $10 billion in investments into metaverse development efforts look like this Big Bang. We strongly believe that the metaverse will expand in continuous waves. Radical evolutions of technologies and consumer behaviors will build a new universe as a whole—a kind of “meta-cosmos.” It will take time, but the process has already started and is irreversible.
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Which key regulations are influencing the growth rates of different regions?
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Explore the decarbonization strategies adopted by leading players
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How are new partnerships accelerating technological developments?
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What initiatives are participants taking to widen their industry presence?
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Which are the high-growth, end-user verticals and lighting applications?
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What is the role of the circular economy in enhancing resource recovery?
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How are stakeholders improving user experience and operational efficiency?
Read more Request InfoRecently, Frost & Sullivan assessed the global advanced metering infrastructure (AMI) industry and, based on its findings, recognizes Landis+Gyr (SIX: LAND) with the 2022 Global AMI Company of the Year Award. The company develops products and solutions that match current market needs and anticipate future customer requirements. The impactful products cater to specific regional market needs, requirements, and trends, enhancing customer value multi-fold.
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Globally many governments are now recognizing the need to do more to combat climate change and cut greenhouse gas emissions, with many pledging to achieve net-zero carbon emissions. With these important yet ambitious aims in mind, it is no surprise that organizations and government agencies alike are becoming more interested in sustainable manufacturing.
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Direct correlation between sustainable business practices, climate-friendly investments, and business performance, results in increased profitability and stronger financials. Therefore, sustainability and going green is seen as the path to prosperity and long-term profits, and companies of all sizes take active steps to embrace the benefits of a green economy and sustainable future.
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According to Frost & Sullivan’s new analysis, the increasing focus on enhancing resource efficiency and overall system resilience is driving demand for digital water solutions. In addition, emerging digital solutions such as digital twins (DT) that focus on networks and treatment facilities are expected to witness high double-digit growth in the next five years. Due to their potential to unlock new levels of resource efficiency, digital water solutions are likely to grow from $27.10 billion in 2021 to $63.02 billion in 2025 at a CAGR of 23.5%.
Frost & Sullivan’s recent analysis of the global oil & gas automation market finds that digital transformation is occurring on a massive scale due to the need for increased efficiency, safety and sustainability. New disruptive technologies, including artificial intelligence (AI) and the Internet of Things (IoT), are already in use and driving digital trends across the industry.
As the impact of digitalization advances across all sectors, businesses are at a crucial turning point. They must optimize the returns from their existing resources while embracing new business models to create greater value for customers amid a challenging environment caused by the pandemic, geopolitical pressures and the supply chain crisis.
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