Authored By: Sarah
20 Jan 2022

Smart Office Solutions Market to Grow by $ 18.40 bn through 2021-2025

 Key Drivers and Market Trends


The Global Smart office solutions market is projected to grow by $ 18.40 bn, accelerating at a CAGR of over 11.07% till 2025 owing to factors such as Increasing adoption of IoT in business solutions. In addition, is a key trend that is expected to drive market growth. This research report delineates all the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth. The objective of this research report is to equip clients with actionable insights that will help them leverage opportunities and formulate growth strategies for their business.


Request for our free sample report for more market insights: Download FREE Sample Report


Top Drivers for Smart Office Solutions Market Size to Grow by $ 18.40 bn During 2021-2025

Smart Office Solutions Market: Segments and Geographical Regions

  • This report segments the market Product (smart security systems, smart EMS, HVAC control systems, smart lighting systems, and audio-video conferencing systems) and Geography (APAC, North America, Europe, South America, and MEA).  
  • 35% of the market growth will originate from APAC during the forecast period. 
  • This research report will provide insights into the current market share of each segment along with growth projections for the next five years. Request our Free Sample Report

Smart Office Solutions Market: Vendor Analysis

  • The market is fragmented due to the presence of several players. 
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. 
  • ABB Ltd., Cisco Systems Inc., Crestron Electronics Inc., Honeywell International Inc., Johnson Controls International Plc, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Siemens AG, and Signify NV are some of the major market participants. 

Market Segmentation by Product

    • Smart Office Solutions Market Split by Product
      • smart security systems
      • smart EMS
      • HVAC control systems
      • smart lighting systems
      • audio-video conferencing systems
    • Smart Office Solutions Market Split by Geography
      • APAC
      • North America
      • Europe
      • South America
      • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • ABB Ltd.
  • Cisco Systems Inc.
  • Crestron Electronics Inc.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Koninklijke Philips NV
  • Lutron Electronics Co. Inc.
  • Schneider Electric SE
  • Siemens AG
  • Signify NV

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with a pipeline analysis of vendor operations and the impact of government regulations. For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of over 11.07%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 18.40 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increasing adoption of IoT in business solutions will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    35% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are ABB Ltd., Cisco Systems Inc., Crestron Electronics Inc., Honeywell International Inc., Johnson Controls International Plc, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Siemens AG, and Signify NV

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (smart security systems, smart EMS, HVAC control systems, smart lighting systems, and audio-video conferencing systems) and Geography (APAC, North America, Europe, South America, and MEA)

Smart Office Solutions: Discover Key Drivers that will Boost Growth

Growth Drivers and Market Forecast for 2021-2025

The Smart Office Solutions Market is projected to post an incremental growth of $ 18.40 bn, at a CAGR of over 11.07% till 2025. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.


Request for our free sample report to get a glimpse into our exhaustive research and analysis: Download FREE Sample Report


Smart Office Solutions Market: What are the factors that will drive market growth?

One of the key factors that will drive growth is Increasing adoption of IoT in business solutions. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Top Drivers for Smart Office Solutions Market Size to Grow by $ 18.40 bn During 2021-2025

Smart Office Solutions Market: Segment List

This report provides a detailed analysis of the market by Product (smart security systems, smart EMS, HVAC control systems, smart lighting systems, and audio-video conferencing systems) and Geography (APAC, North America, Europe, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

Smart Office Solutions Market: Vendor Landscape

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  ABB Ltd., Cisco Systems Inc., Crestron Electronics Inc., Honeywell International Inc., Johnson Controls International Plc, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Siemens AG, and Signify NV are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 11.07%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 18.40 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Increasing adoption of IoT in business solutions will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    35% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are ABB Ltd., Cisco Systems Inc., Crestron Electronics Inc., Honeywell International Inc., Johnson Controls International Plc, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Siemens AG, and Signify NV
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (smart security systems, smart EMS, HVAC control systems, smart lighting systems, and audio-video conferencing systems) and Geography (APAC, North America, Europe, South America, and MEA)
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