Smart Office Market - Industry Insights, Drivers, Top Trends, Global Analysis And Forecast to 2026
Smart Office Market By Technology (Wireless Technology, Wired Technology), Product (Smart Lighting, Security System, Energy Management System, Heating, Ventilation, and Air Conditioning (HVAC) Control System, Audio–Video Conferencing Systems), Software & Services (Software, Services), Office Type (Retrofit Offices, New Construction Offices), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026
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Report Description Global smart office market is set to witness a healthy CAGR of 13.24% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Emergence of cloud based environment of IoT platform and technological advancement are the factor for the market growth. A smart office is a workplace where technology allows people to work differently, quicker and more intelligently. These workplaces have sensors, automated systems, and advanced communication infrastructure so the work can be done easier and faster. Smart offices are very beneficial as they have the ability to enhance the productivity, better office schedule management, better cost control, and helps in developing a smart brand. Some of the common smart offices products are smart lighting, security system, heating, and energy management system.
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Major Key Players Some of the major players operating in this market are : • • • • • • • •
Siemens Schneider Electric Johnson Controls Honeywell International Inc; ABB Cisco India Ltd. United Technologies Corporation Lutron Electronics Co., Inc Crestron Electronics, Inc
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Market Segmentation • By Technology (Wireless Technology, Wired Technology) • By Product (Smart Lighting, Security System, Energy Management System, Heating, Ventilation, and Air Conditioning (HVAC) Control System, Audio– Video Conferencing Systems) • By Office Type (Retrofit Offices, New Construction Offices)
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Regional Analysis Based on geography, the market is segmented into five geographical regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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