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Smart Office Market Analysis Report 2022, Growth Outlook, and Forecast By 2027

According to the latest report by IMARC Group, titled “Smart Office Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global Smart Office Market Report. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global smart office market reached a value of US$ 35.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 73.8 Billion by 2027, exhibiting a CAGR of 13.14% during 2022-2027.

A smart office represents an automated workplace equipped with sensors and different technologies to streamline business operations. It includes numerous components, such as energy solutions, meeting room, space management, smart security, etc. Smart offices assist in enhancing productivity and efficiency, attracting and retaining talented individuals, offering actionable insights, etc. They also help in improving communication and collaboration between employees. At present, smart offices are being increasingly adopted owing to their ability to optimize space and asset usage.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/smart-office-market/requestsample

Global Smart Office Market Trends:

The elevating awareness regarding energy efficiency, along with the rising need to reduce power consumption, are primarily driving the smart office market. Moreover, the growing integration of several innovative solutions, including the Internet of Things (IoT) and AI, to allow internetworking of physical devices through network connectivity, sensors, actuators, etc., is further augmenting the global market.

Apart from this, the changing workforce demographics and high expectations of modern employees and employers are also propelling the demand for smart offices that allow employers to enhance employee productivity and increase the flexibility of the working environment. In the coming years, the growing modernization of business infrastructures, coupled with the widespread utilization of wireless technologies, is expected to fuel the smart office market across the globe.

Global Smart Office Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

ABB Ltd, Cisco Systems Inc., Crestron Electronics Inc., Enlighted Inc , Honeywell International Inc., Johnson Controls International PLC, Komstadt Systems Limited, Lutron Electronics Co. Inc., Schneider Electric SE, SensorSuite Inc., Siemens AG and Signify N.V.

Breakup by Component:

  • Hardware
    • Security System and Controls
    • Smart Lighting and Controls
    • Energy Management Systems
    • HVAC Control Systems
    • Audio-Video Conferencing Systems
  • Software
  • Service

Breakup by Office Type:

  • Retrofit
  • New Construction

Breakup by Technology:

  • Wireless Technology
  • Wired Technology

 Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:
IMARC Group
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Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Eleena Wills
Eleena Wills
Hi, I’m Eleena Wills. Being a writer and blogger, I strive to provide informative and valuable articles to people. With quality, constructive, and well-researched articles, one can make informed choices. I cover a wide range of topics, from home improvement to hair styling and automotive.
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