Smart Office Market Analysis, Size, Current Scenario and Future Prospects

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.

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.

To Request a Sample of our Report on Smart Office Market:  https://www.omrglobal.com/request-sample/smart-office-market

Market Coverage

  • The market number available for – 2021-2030
  • Base year- 2022
  • Forecast period- 2022-2030

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

North America                                                                                                                                                                            

  • 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

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/smart-office-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404