Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Smart Office Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global smart office market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

A smart office refers to an automated workplace equipped with sensors and other technologies to streamline business operations. It includes energy solutions, meeting room and space management, and smart security and access control systems. It assists in boosting productivity and efficiency, attracting and retaining talented individuals, and providing actionable insights. It also aids in improving communication and collaboration between employees. At present, there is an increase in the adoption of smart offices around the world on account of their ability to optimize space and asset usage.

Smart Office Market Trends:

Organizations require energy for operating modern computer equipment, telecom networks, data equipment, and optical transport networks. However, due to their corporate social responsibility and rising concerns about energy efficiency, there is a growing need for minimizing power consumption and overall costs. This represents one of the key factors strengthening the growth of the market. Smart offices provide automated workplace energy management platforms for lighting, heating, ventilation, and air conditioning (HVAC), plumbing systems, water management, and other workplace systems. Besides this, organizations are constantly evolving due to changing workforce demographics and technological expectations of modern employees and employers. As a result, smart offices are gaining immense popularity across the globe. Furthermore, leading players are integrating innovative solutions, such as the Internet of Things (IoT), in smart offices to enable internetworking of physical devices through sensors, actuators, network connectivity, and software. These technological developments also allow employers to improve employee productivity and increase the flexibility of the working environment. This, in confluence with considerable investments in research and development (R&D) activities to create cost-effective, reliable, and better software solutions, is creating a favorable market outlook. Other significant factors, including improving business infrastructure and rising utilization of wireless technology, are anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart office market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on component, office type and technology.

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
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Component, Office Type, Technology, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global smart office market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart office market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the office type?
  • What is the breakup of the market based on the technology?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart office market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Smart Office Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Security System and Controls
           6.1.2.2 Smart Lighting and Controls
           6.1.2.3 Energy Management Systems
           6.1.2.4 HVAC Control Systems
           6.1.2.5 Audio-Video Conferencing Systems
        6.1.3 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Service
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Office Type
    7.1    Retrofit
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    New Construction
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Technology
    8.1    Wireless Technology
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Wired Technology
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ABB Ltd
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 Financials
           14.3.1.4 SWOT Analysis
        14.3.2    Cisco Systems Inc.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Crestron Electronics Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    Enlighted Inc 
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Honeywell International Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Johnson Controls International PLC
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Komstadt Systems Limited
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    Lutron Electronics Co. Inc.
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 SWOT Analysis
        14.3.9    Schneider Electric SE
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    SensorSuite Inc.
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Siemens AG
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    Signify N.V.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 Financials 

List of Figures

Figure 1: Global: Smart Office Market: Major Drivers and Challenges
Figure 2: Global: Smart Office Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Smart Office Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Smart Office Market: Breakup by Component (in %), 2020
Figure 5: Global: Smart Office Market: Breakup by Office Type (in %), 2020
Figure 6: Global: Smart Office Market: Breakup by Technology (in %), 2020
Figure 7: Global: Smart Office Market: Breakup by Region (in %), 2020
Figure 8: Global: Smart Office (Hardware) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Smart Office (Hardware) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Smart Office (Software) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Smart Office (Software) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Smart Office (Service) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Smart Office (Service) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Smart Office (Retrofit) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Smart Office (Retrofit) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Smart Office (New Construction) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Smart Office (New Construction) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Smart Office (Wireless Technology) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Smart Office (Wireless Technology) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Smart Office (Wired Technology) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Smart Office (Wired Technology) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: North America: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: North America: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: United States: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: United States: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Canada: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Canada: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Asia-Pacific: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Asia-Pacific: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: China: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: China: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: Japan: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: Japan: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: India: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: India: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: South Korea: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: South Korea: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: Australia: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: Australia: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Indonesia: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Indonesia: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: Others: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: Others: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: Europe: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: Europe: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Germany: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Germany: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: France: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: France: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: United Kingdom: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: United Kingdom: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Italy: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Italy: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Spain: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Spain: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: Russia: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: Russia: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: Others: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: Others: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Latin America: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Latin America: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Brazil: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Brazil: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Mexico: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Mexico: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Middle East and Africa: Smart Office Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Middle East and Africa: Smart Office Market: Breakup by Country (in %), 2020
Figure 70: Middle East and Africa: Smart Office Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Global: Smart Office Industry: SWOT Analysis
Figure 72: Global: Smart Office Industry: Value Chain Analysis
Figure 73: Global: Smart Office Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Smart Office Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Smart Office Market Forecast: Breakup by Component (in Million US$), 2021-2026
Table 3: Global: Smart Office Market Forecast: Breakup by Office Type (in Million US$), 2021-2026
Table 4: Global: Smart Office Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 5: Global: Smart Office Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Smart Office Market: Competitive Structure
Table 7: Global: Smart Office Market: Key Players

Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2299

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links