Global Smart Office Market - By Product (Smart Lighting, Security and Access Control Systems, Energy Management Systems, Smart HVAC Control Systems, Audio Video Conferencing Systems, Fire and Safety Control Systems), Building Types (Retrofits, New Buildings), Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Automobile & Transportation | No. of Pages - 106 | Published By - Mordor Intelligence

Report Highlights

The Global Smart Office market is valued at USD 26.93 billion in 2016 and is expected to reach a value of USD 51.26 billion by the end of 2022, growing at a projected CAGR of 11.32% during the forecast period of 2017 - 2022. Smart office is an application of Internet-of-Things domain which covers the work environment and helps make the usage of office space and resources more efficient and intelligent. The traditional workplaces are very rigid as they have fixed cubicles and workspaces. This leads to large areas of empty or unused office spaces. The smart office is both flexible as well as be scalable.

The growing sales of smartphones and other smart devices like tablets, laptops, etc. will help in the installation of a number of smart offices.

The architecture of the office should be in such a way that it should be adaptable. It should have sensors, devices and information networked and connected to network infrastructure by suitable communication links, so that people can be mobile and work from anywhere. Besides the devices that are used for working, other devices and sensors used for maintaining the work environment like temperature, light intensity, etc. are also a part of the smart office.

The overall aim of smart office is the comfort of an individual user and other factors like energy savings, quality of work environment and meeting the scheduled deadlines. There are devices like Ava 500 from iRobot which helps people working from other offices also to participate in meetings and hold discussions on the move.

Major companies in the market like Siemens, Schneider Electric, ABB, Cisco, Honeywell, etc. are releasing more products and services for the smart offices market. These companies have been studied and their strategies have been analyzed in the report. The report is divided by geography where the market share of each region is analyzed and estimates are provided for the period of 2017 - 2022. The various applications of smart office have been discussed in detail in addition to a comprehensive overview of the market.

DRIVERS

Helping people in the office to be mobile and still be connected to network

Increase in the sale of smart devices

RESTRAINTS

Security issues

Cost of refurbishment of old office is high

What the Report Offers                      

Market definition for the global smart office market, along with identification of key drivers and restraints.

Market analysis for the global smart office market, with country-specific assessments and competition analysis on a global and regional scale.

Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a global and regional scale.

Extensively researched competitive landscape section with profiles of major companies along with their share of the market.

Identification and analysis of the macro and micro factors that affect the smart office on both global and regional scale.

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.

 

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