Market Overview:
The Global Smart Office Market was valued at USD 18.96 billion in 2016 and is projected to reach USD 56.28 billion by 2025, growing at a CAGR of 12.85% from 2017 to 2025.
Smart Office is defined as the integration of technology into a physical office space where the organization's tasks are made simpler and flexible with the use of network based devices. Smart Office solution provides the organization with several benefits including - schedule management, analytics, cooperative communication, cloud storage, accurate time management, high returns on investments, automation, greater customer satisfaction, risk management, identity management, resource utilization, and provide connected integrated systems.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Adoption of cloud-based environment of IoT platforms
1.2 Helping government regulations
1.3 Emergence of IoT for smart office solutions
1.4 Increasing need for safety and security systems at workplace
1.5 Rising demand for smart office solutions
2. Market Restraints
2.1 Issues with the integration of real-time streaming analytics capabilities into smart systems
2.2 Issues with the replacement of existing system
Market Segmentation:
The Global Smart Office Market is segmented on the office type, component, product, and region.
1. Office Type:
1.1 New Construction Offices
1.2 Retrofit Offices
2. By Component:
2.1 Software
2.2 Services
2.2.1 Managed services
2.2.2 Professional services
2.2.2.1 Support and maintenance services
2.2.2.2 Consulting services
3. By Product:
3.1 Energy Management Systems
3.1.1 Smart Plugs
3.1.2 Smart Thermostats
3.1.3 In-House Displays
3.1.4 Load Control Switches
3.2 HVAC Control Systems
3.2.1 Smart Vents
3.2.2 VAV and FCU Controllers
3.2.3 Dampers
3.2.4 Actuators
3.2.5 Control Valves
3.2.6 Heating and Cooling Coils
3.2.7 Pumps & Fans
3.2.8 Sensors
3.2.9 Temperature Sensors
3.2.9.1 Humidity Sensors
3.2.9.2 Occupancy Sensors
3.2.9.3 Pressure Sensors
3.2.9.4 Flow Sensors
3.2.9.5 Other Sensors
3.3 Audio-Video Conferencing Systems
3.3.1 Video Conferencing Systems
3.3.2 Touch Screens & Keypads
3.3.3 Audio, Volume, and Multimedia Rooms Controls
3.4 Security Systems
3.4.1 Surveillance Cameras/Video Surveillance
3.4.2 Fire and Safety Controls
3.4.3 Access Controls
3.4.3.1 Electronic Locks
3.4.3.2 Biometric Systems/Biometric Readers
3.4.3.3 Card-Based Systems/Card-Based Readers
3.5 Smart Lighting and Controls
3.5.1 Smart Bulbs
3.5.2 Fixtures
3.5.3 Lighting Controls
3.5.3.1 Relay Units
3.5.3.2 Gateways
3.5.3.3 LED Drivers and Ballasts
3.5.3.4 Sensors
3.5.3.5 Switches & Dimmers
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Schneider Electric SA
2. Honeywell International Inc.
3. ABB Ltd.
4. Siemens AG
5. Philips Lighting Holding B.V.
6. Crestron Electronics, Inc.
7. Johnson Controls International PLC
8. Lutron Electronics Co. Inc
9. Cisco Systems, Inc.
10. United Technologies Corporation
11. Enlighted, Inc.
12. Foghorn Systems
13. Sensorsuite Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Smart Office Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL SMART OFFICE MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL SMART OFFICE MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL SMART OFFICE MARKET , BY OFFICE TYPE
5.1 Overview
5.2 New Construction Offices
5.3 Retrofit Offices
6 GLOBAL SMART OFFICE MARKET , BY COMPONENT
6.1 Overview
6.2 Software
6.3 Services
6.3.1 Managed services
6.3.2 Professional services
6.3.2.1 Support and maintenance services
6.3.2.2 Consulting services
7 GLOBAL SMART OFFICE MARKET , BY PRODUCT
7.1 Overview
7.2 Energy Management Systems
7.2.1 Smart Plugs
7.2.2 Smart Thermostats
7.2.3 In-House Displays
7.2.4 Load Control Switches
7.3 HVAC Control Systems
7.3.1 Smart Vents
7.3.2 VAV and FCU Controllers
7.3.3 Dampers
7.3.4 Actuators
7.3.5 Control Valves
7.3.6 Heating and Cooling Coils
7.3.7 Pumps & Fans
7.3.8 Sensors
7.3.9 Temperature Sensors
7.3.9.1 Humidity Sensors
7.3.9.2 Occupancy Sensors
7.3.9.3 Pressure Sensors
7.3.9.4 Flow Sensors
7.3.9.5 Other Sensors
7.4 Audio-Video Conferencing Systems
7.4.1 Video Conferencing Systems
7.4.2 Touch Screens & Keypads
7.4.3 Audio, Volume, and Multimedia Rooms Controls
7.5 Security Systems
7.5.1 Surveillance Cameras/Video Surveillance
7.5.2 Fire and Safety Controls
7.5.3 Access Controls
7.5.3.1 Electronic Locks
7.5.3.2 Biometric Systems/Biometric Readers
7.5.3.3 Card-Based Systems/Card-Based Readers
7.6 Smart Lighting and Controls
7.6.1 Smart Bulbs
7.6.2 Fixtures
7.6.3 Lighting Controls
7.6.3.1 Relay Units
7.6.3.2 Gateways
7.6.3.3 LED Drivers and Ballasts
7.6.3.4 Sensors
7.6.3.5 Switches & Dimmers
8 GLOBAL SMART OFFICE MARKET , BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 - 2025
9 GLOBAL SMART OFFICE MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Schneider Electric SA
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 Honeywell International Inc.
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 ABB Ltd.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Siemens AG
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Philips Lighting Holding B.V.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Crestron Electronics, Inc.
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Johnson Controls International PLC
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Lutron Electronics Co. Inc
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Cisco Systems, Inc.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 United Technologies Corporation
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
10.11 Enlighted, Inc.
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Developments
10.12 Foghorn Systems
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Developments
10.13 Sensorsuite Inc.
10.13.1 Overview
10.13.2 Financial Performance
10.13.3 Product Outlook
10.13.4 Key Developments
11 Appendix
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