Report ID: SQMIG45A2120
Architectural Services Market Size, Share, Growth Analysis, By Service Type(Architectural Advisory Services, Construction And Project Management Services, Engineering Services, Interior Design Services), By End-use(Education, Government, Healthcare, Hospitality), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG45A2120 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
73 |
Figures:
75
Architectural Services Market News
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In March 2024, NVIDIA unveiled the NVIDIA Blackwell platform, empowering organizations worldwide to create and deploy real-time generative AI using trillion-parameter large language models. This platform promises to achieve up to 25x reduction in cost and energy consumption compared to its predecessor.
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In January 2024, Tata Passenger Electric Mobility (TPEM), a leader in the electric vehicle (EV) revolution in India, unveiled its inaugural advanced Pure EV architecture named acti.ev (pronounced as "active"). This architecture, which stands for Advanced Connected Tech-Intelligent Electric Vehicle, will serve as the foundation for forthcoming products in the TPEM lineup. The first product to be built on this Pure Electric Architecture is Punch.ev, which will pave the way for a range of vehicles featuring various body styles and sizes. Customers can now reserve their Punch.ev by visiting authorized Tata Motors showrooms or Tata.ev stores and making a payment of just ₹21,000. Online bookings are also available at https://bit.ly/punchev-bookingsopen.
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In November 2023, L&T Technology Services Limited revealed a collaboration with NVIDIA on November 20th. Their partnership aims to develop software-defined architectures for medical devices focused on endoscopy, enhancing image quality and product scalability.
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In October 2023, Huawei unveiled the FAST (Full-stack, AI Large Model, Service Engine, Transformation) reference architecture tailored for carriers' digital operations transformation in the digital intelligence era. This reference architecture is designed to harness the distinctive strengths of carriers' services, cloud, network, and intelligence through full-stack capabilities. It aims to facilitate new value-driven O&M, deliver optimal scenario-based experiences, and enable the business agility required for generating enhanced value.
- April of 2023 Stantec was selected by the City of Port Aransas, Texas, to manage a restoration plan for the 13.5 acres of ecosystems housed inside Charlie's Pasture Nature Preserve. The region has been under water since Hurricane Harvey in 2017 destroyed the shorelines. The project's design and management to improve animal ecosystems, visitor use, and storm surge resistance mechanisms are anticipated to be spearheaded by the Stantec team. Apart from strategizing, the group will classify silt, assess the condition of the adjacent marsh, and promptly dispatch workers.
- HKS announced in March 2023 the launch of HKS "xBE," a new partner diversity program that enables "xBE" enterprises and their members to form alliances, investigate novel projects, and foster innovation in the fields of architecture and design. The program is broken up into two sections: "xBE" Rise, a 12-week seminar, and "xBE" Network, a 12-week program designed to increase diversity in the firm's many architectural and design project collaborations. HKS is dedicated to expanding its network of partnerships and workforce diversity within the AEC sector.
- In January 2023, PCL Construction was awarded the 400 MW Stubbo Solar project Engineering, Procurement and Construction (EPC) contract by ACEN Australia, a renewable energy company. PCL has been contracted to oversee the entire solar project and is in charge of the engineering, procurement, and detailed design of Stubbo Solar.
Architectural Services Market Report Snapshots
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