Smart Office Market Is Likely to Experience a Tremendous Growth by 2028
The smart office market is anticipated to grow at a considerable CAGR of 12.6% during the forecast period. The growing use of the Internet of things (IoT) is expanding at a faster rate from homes to offices and large-scale application of 5G, big data, artificial intelligence (AI), and other technologies has allowed the concept of the smart office building. The concept of IoT in offices is ever expanding due to several factors such as fundamental changes and complexity in the way organizations function, and the rising utilization of wireless technology. According to the State of IoT—Spring 2022 report, released in May 2022, the number of global IoT connections grew by 8% in 2021 to 12.2 billion active endpoints, compared to 2020.
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The changing employee
expectations around flexibility is the major factor creating more demand for
smart offices. Digital transformation and technologies, such as cloud, AI, and
the IoT, introduced widespread connectivity for everything and allow employers
to improve employee productivity and increase the flexibility of the working
environment. As a result of the aforementioned factors, leading industry
players are IoT, in smart offices to enable internetworking of physical devices
which is creating a favorable market outlook. For instance, in August 2020,
Lenovo announced an end-to-end IoT Smart Building and Workplace Solution for
businesses in China to assist businesses to create more intelligent and
efficient workplaces through digital services. Lenovo’s smart office building
solution focuses on three functions: smart access, smart workspace management,
and smart meeting solution. Additionally, In March 2020, Siemens Smart
Infrastructure launched a smart building suite designed to create more
efficient and flexible workplaces. The suite of IoT-enabled devices,
applications, and services to turn offices into a competitive advantage for
companies. The Siemens suite includes technologies from Silicon Valley-based
providers Comfy and Enlighted, both acquired by Siemens.
Market Coverage
•
The market number available for – 2021-2028
•
Base year- 2021
•
Forecast period- 2022-2028
Segment Covered-
·
By Offering
·
By Product Type
·
By Communication Technology
Regions Covered-
·
North America
·
Europe
·
Asia-Pacific
·
Rest of the World
•
Competitive Landscape- Crestron Electronics
Inc., Johnson Controls, Lutron Electronics Co., Inc., Schneider Electric,
Signify Netherlands B.V. (PHILIPS), and others.
A
full Report of Smart Office Market is Available @ https://www.omrglobal.com/industry-reports/smart-office-market
Smart Office Market Report Segment
By Offering
•
Hardware
•
Software
•
Service
By Product Type
•
Smart Lighting
•
Security and Access Control Systems
•
Energy Management Systems
•
HVAC Control Systems
•
Audio–Video Conferencing Systems
•
Fire and Safety Control Systems
By Communication Technology
•
Wireless Technologies
•
Wired Technologies
Smart Office Market Report Segment by Region
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company
Profiles
·
Allegion Plc.
·
Avnet, Inc.
·
Barco NV
·
Cisco Systems, Inc.
·
CLP Holdings Ltd.
·
Digicom Office Technology Ltd.
·
Enlighted, Inc (Simens)
·
Firstouch Digital Solutions
·
Honeywell International Inc.
·
Kisi Inc.
·
Logitech
·
Micronova IT Solutions
·
PLANTRONICS, INC.
·
SensorSuite Inc.
·
SimpliSafe, Inc.
·
Smart Office Solutions
·
TeleGroup
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countries are for analysis.
3. Over 100+ paid
data sources mined for investigation.
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research analysts answer all your questions before and after purchasing your
report.
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