Smart Office Market Analysis and In-depth Research on Size, Trends, Emerging Growth Factors and Forecasts 2023

The smart office market is expected to reach US$45.931 billion by the end of 2023, increasing from US$24.739 billion in 2017, growing at a CAGR of 10.86% during the forecast period. Smart offices are the offices which make use of sensors and internet of things among other things to make an office space convenient, safer and energy efficient. The major factors driving the demand for smart office solutions are its cost-effectiveness, development of smart cities around the world and improvement in the productivity of the workforce. High-income regions such as North America held a significant market share in 2017 and the APAC region will witness substantial growth over the forecast period.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the pressure sensors value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

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Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.
Major industry players profiled as part of the report are Schneider Electric SA, Johnson Controls, Inc., Cisco Systems, Inc., Honeywell International, Inc., and Koninklijke Philips N.V. among others.
Segmentation

The smart office market has been analyzed through following segments:
• By Product
o Smart Lighting
o Smart Security Systems
o HVAC Control

• By Type of Building
o Newly Constructed
o Retrofit

• By End-User Industry
o Healthcare
o Retail
o BFSI
o Media and Entertainment
o Government
o Others

• By Geography
o North America
o South America
o Europe
o Middle East and Africa
o Asia Pacific

Table of Content

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. SMART OFFICE MARKET BY PRODUCT
5.1. Smart Lighting
5.2. Smart Security Systems
5.3. HVAC Control

6. SMART OFFICE MARKET BY TYPE OF BUILDING
6.1. Newly Constructed
6.2. Retrofit

7. SMART OFFICE MARKET BY END-USER INDUSTRY
7.1. Healthcare
7.2. Retail
7.3. BFSI
7.4. Media and Entertainment
7.5. Government
7.6. Others

8. SMART OFFICE MARKET BY GEOGRAPHY
8.1. North America
8.2. South America
8.3. Europe
8.4. Middle East and Africa
8.5. Asia Pacific

9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. Investment Analysis
9.3. Recent Deals
9.4. Strategies of Key Players

10. COMPANY PROFILES
10.1. Schneider Electric SA
10.1.1. Company Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. Koninklijke Philips N.V.
10.2.1. Company Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. Crestron Electronics
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Honeywell Internarnational, Inc.
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. Johnson Controls, Inc.
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Siemens AG
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. Cisco Systems, Inc.
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Recent Developments

……Continued

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