Global Smart Offices Market Analysis & Trends - Industry Forcast to 2028

Global Smart Offices Market Analysis & Trends - Industry Forcast to 2028

The Global Smart Offices Market is poised to grow strong during the forecast period 2018 to 2028. Some of the prominent trends that the market is witnessing include rise in the trend of adopting energy-saving solutions to increase profits, new product developments and evolving cloud-based environment of IoT platforms.

Based on the office type, the market is segregated into new construction offices and retrofit offices.

By communication technology, the market is fragmented into wired technologies and wireless technology. Wired technologies segment is further divided into Building Automation & Control Network (Bacnet), Digital Addressable Lighting Interface (Dali), Knx, Lonworks, Power Line Communication (Plc) and Power Over Ethernet (Poe). Wireless technology segment is further bifurcated into bluetooth/Ble, Enocean, Wi-Fi, Zigbee and other wireless technologies.

On the basis of the component, the market is classified into software, hardware and services. Services are further divided into managed services, installation & support services, advisory & consulting services and professional services.

With respect to the product, the market is segmented into energy management system, security systems, audio–video conferencing systems, Heating, Ventilation, and Air Conditioning (Hvac) Control System and smart office lighting. Energy management system is further bifurcated into in-house displays, load control switches, smart plugs and smart thermostats. Security systems is further divided into fire and safety controls, surveillance cameras/video surveillance and access controls. Audio–video conferencing systems is further classified into audio, volume, & multi-media room controls, touch screens & keypads and video conferencing systems. Heating, Ventilation, and Air Conditioning (Hvac) Control System is further segregated into actuators, control valves, dampers, heating & cooling coils, pumps & fans, smart vents, VAV & FCU controllers and sensors. Sensors are further divided into flow sensors, humidity sensors, occupancy sensors, pressure sensors, temperature sensors and other sensors. Smart office lighting is further segmented into fixtures, smart bulbs and lighting controls. Lighting controls is further segregated into gateways, led drivers and ballasts, relay units, and switches & dimmers.

On the contrary to the end user, the market is bifurcated into IT and telecom, Banking, financial services and insurance (BFSI), healthcare, education and other end users.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2017, 2018 revenue estimations are presented for 2019 and forecasts for 2023 and 2028. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
- Market opportunities and recommendations for new investments