• Home >>
  • ICT Media >>
  • Smart Office Market : Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis and Competitive Analysis 2017 - 2025

Smart Office Market : Global Market Synopsis, Growth Factors, Industry Segmentation, Regional Analysis and Competitive Analysis 2017 - 2025

ID: 58908 February, 2018 Region : Global Pages Reports Monitor

Smart Office Market Analysis By Office Type (New Constructed Office & Retrofit Office), Component (Hardware, Software & Services) & Product (Audio-Video Conferencing System, Energy-Management System, HVAC, Security System & Smart Lighting).

Market Synopsis:

Smart office is an office space which utilizes smart devices to improve efficiency and the office environment in total. A smart office will be a tech-heavy office which will leverage technology to automate routine and everyday tasks to really optimize the work which we perform. Smart offices will boost productivity. The employees are free to do the work which technology can’t do. To attract and retain employees, in addition customers is key to the success of business. An inspiring, activity based, smart office will help you achieve this.

Some of the features which comprises of Smart office comprises of are as follows:

• Internet of things:

Smart lights, thermostats, virtual reality cameras, virtual reality speakers, etc. are all instrumental to the smart office. IoT will definitely be involved in the smart office.

Machine learning:

Machine intelligence is also showing up in fields like knowledge and management. The new workplace should be like a gym which has all of the equipment. The workplace makes you faster, stronger and smarter.

Interconnectivity and control: 

Smart office technology transforms the workplace into a rapidly-responsive, operationally efficient, interconnected office. These smart office technology decisions will transform workspace for greater member satisfaction, profitability, efficiency and security. A smart workspace enhances the experience for both members and operators through interconnectivity. Today the employee expects that their employers integrate the latest technologies seamlessly and securely into their working lives between platforms such as mobile devices, tablets, desktop computers, and land-line phones.

The smartest office may be no office at all. It may be without walls. With people working where they want to be, productivity and high morale, cost effectively. The out dated idea doing supervision can be replaced by real measurements of progress, in real time, by tools that connect business processes to profits. The potential for the responsive workplace to dissolve the traditional boundaries of the office could have an immense impact on employee’s attitudes and the quality of the work they produce.. 

Energy efficiency proves to be the key factor in propelling the growth of smart office thereby reducing the losses and achieving the financial stability. Immense growth in the field of Internet of Things (IoT) and associated services has resulted into the development of new products for the smart building thereby driving the growth of smart office market. However the complexities involved in the up-gradation of traditional infrastructure may slow the market growth. Adoption of cloud based services in the IoT solutions has resulted in generating more market opportunities.

Market Segmentation:

Global Smart Office market is majorly segmented on the basis of office Type, component and product. Based on the office TYPE the market is segmented into: new constructed office and retrofit office. On the basis of components used the market is bifurcated into: hardware, software and services. On the basis of products the market is segmented into: audio-video conferencing system, energy-management system, HVAC, security system and smart lighting. By geography, global smart office market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Regional Analysis:

North America holds the largest market share in the smart office market. The major reason supporting this statement is the presence of major market players and their high investment in the research and development resulting into innovative products.. Asia Pacific is anticipated to show rapid growth majorly due to the presence of developing economies like China, India and Japan. Expansion in the field of IT products and services is also the major factor promoting the market growth. The regions analysed in smart office market are: North America, Europe, Asia-Pacific and Latin America, Middle East and Africa (LAMEA).

Key Players:

The major participants in the market are: ABB Ltd.,Cisco Systems, Creston Electronics, Honeywell International, Johnson Controls, Koninklijke Philips, Lutron Electronics, Schneider Electric SA, Siemens AG and United Technologies Corporation. 

Smart Office Market Segmentation:

By Office TYPE:

• New Construction

• Retrofit

By Component:

• Hardware

• Software

• Services

By Product:

• Audio–Video Conferencing Systems

• Energy Management System


• Security Systems

• Smart Lighting

Research Scope

The study for Smart Office Market will provide market size, estimates and forecast based on the following years: 
Historic data: 2015  Base Year Estimate: 2016  Forecast: 2017 to 2025

The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales. 
Our analyst implement, several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings. 
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market. 

1. Introduction
1.1. Market Definition
1.2. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions

3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Luxury Vinyl Flooring - Value Chain Analysis 
3.3. Key Market Trend Analysis
3.3.1. Market Drivers
3.3.2. Market Restraint/Challenges
3.3.3. Market Opportunities
3.4. Porter’s Five Forces Analysis
3.5. Potential Venture Avenues
3.6. Market Share Analysis, 2016 
3.7. Market Overview – Luxury Vinyl Flooring, Product Landscape

4. Segmentation Overview
4.1. Introduction 
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. By Product Type Smart Lighting Security Systems Energy Management Systems HVAC Systems Audio and Video Systems
4.2.2. By Applications Wired Technology: Power Line communications Power Networks Wireless Technology: Wi-Fi Bluetooth Zigbee
4.2.3. By Office Type: Retrofit New Construction Office
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

5. Regional Overview
5.1. Introduction
5.2. Market Size & Forecast, 2015 to 2025
5.2.1. North America U.S. Canada Mexico 
5.2.2. Europe UK Germany France Italy Spain Rest of Europe
5.2.3. Asia Pacific China India Japan Australia South Korea Rest of Asia Pacific 
5.2.4. LAMEA Brazil UAE South Africa Rest of LAMEA 
 (Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)

6. Manufacturer/ Vendor Profile
6.1. The following attributes will be considered while profiling key manufacturers in this industry: 
6.1.1. Company Overview
6.1.2. Financial Synopsis
6.1.3. Recent Developments
6.1.4. R&D Investments (if any)
6.1.5. Strategy Overview (Analyst Perspective)
6.1.6. Product Portfolio
6.2. Companies Profiled
6.2.1. Siemens AG 
6.2.2. Schneider Electric SA 
6.2.3. Johnson Controls International PLC 
6.2.4. Honeywell International Inc
6.2.5. ABB Ltd
6.2.6. Cisco Systems, Inc
6.2.7.  United Technologies Corporation 
6.2.8. Lutron Electronics Co. Inc.
6.2.9. Creston Electronics, Inc.
6.2.10. Philips Lighting Holding B.V
(Note: The companies mentioned above are tentative in nature, and profiles of other market players not listed here can be included on request.) 

Request Sample




Name of the Company*

Title/ Designation*

Select Country*

How can we help you?

Request Discount




Name of the Company*

Title/ Designation*

Select Country*

How can we help you?

Related Reports

Get 15 minutes of free Consultation When you request a Sample Report!

24/7 Research Report

Get your queries resolved from an industry expert. Request for a free product review before report purchase.


+1 513 549 5911 (US)

+44 203 318 2846 (UK)

Email: [email protected]