Global Smart Furniture Market 2018-2022

Global Smart Furniture Market 2018-2022

About Smart Furniture

Smart furniture is powered by technological advances such as network connectivity via Bluetooth or Wi-Fi and others, which helps users enhance their furniture beyond its basic analog functions. Smart furniture helps consumers in browsing the Internet for news feeds, weather forecast updates, listen to music. It also offers wireless charging slots for smartphones and has features like distance operation and others.

Technavio’s analysts forecast the global smart furniture market will grow steadily in the next few years and reach more than USD 916 million by 2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart furniture market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Furniture Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • CARLO RATTI ASSOCIATI
  • Herman Miller
  • Inter IKEA Systems
  • StoreBound (Sobro)
  • Steelcase
Market driver
  • Use in detecting the well-being of employees
  • For a full, detailed list, view our report
Market challenge
  • Lack of demand in developing countries
  • For a full, detailed list, view our report
Market trend
  • Increase in online retailing
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart Furniture Market 2018-2022

Technavio recognizes the following companies as the key players in the global smart furniture market: CARLO RATTI ASSOCIATI, Herman Miller, Inter IKEA Systems, StoreBound (Sobro), and Steelcase.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increase in online retailing. Online retailing eliminated the need for holding huge inventories and maintaining physical stores. By enhancing the visibility of the retail business through the elimination of geographical restrictions for delivering products and services, online retailing enables the retailers and furniture manufacturers to target untapped markets.”

According to the report, one driver in the market is use in detecting the well-being of employees. With increasing number of organizations offering enhanced workplace comfort to their employees owing to lack of physical activities and busy work schedules, the awareness of smart furniture across industries has increased considerably in the recent years.

Further, the report states that one challenge in the market is lack of demand in developing countries. The awareness of the benefits of the smart furniture and furniture systems is low in underdeveloped economies and rural areas. Consumers in most underdeveloped economies and rural areas prefer traditional furniture.

Companies Mentioned

CARLO RATTI ASSOCIATI
Herman Miller
Inter IKEA Systems
StoreBound (Sobro)
Steelcase

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global smart furniture market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global smart furniture market - Market size and forecast 2017-2022 ($ mn)
      • Table Global smart furniture market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Global smart furniture market - Market share by application 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Commercial - Market size and forecast 2017-2022
      • Table Global commercial smart furniture market - Market size and forecast 2017-2022 ($ mn)
      • Table Global commercial smart furniture market - Year-over-year growth 2018-2022 (%)
    • Residential - Market size and forecast 2017-2022
      • Table Global residential smart furniture market - Market size and forecast 2017-2022 ($ mn)
      • Table Global residential smart furniture market - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by distribution channel
    • Market segmentation by distribution channel
      • Table Distribution channel - Market share 2017-2022 (%)
    • Comparison by distribution channel
      • Table Comparison by distribution channel
    • Offline - Market size and forecast 2017-2022
      • Table Global smart furniture market by offline segment - Market size and forecast 2017-2022 ($ mn)
      • Table Global smart furniture market by offline segment - Year-over-year growth 2018-2022 (%)
    • Online - Market size and forecast 2017-2022
      • Table Global smart furniture market by online segment - Market size and forecast 2017-2022 ($ mn)
      • Table Global smart furniture market by online segment - Year-over-year growth 2018-2022 (%)
    • Market opportunity by distribution channel
      • Table Market opportunity by distribution channel
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global smart furniture market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increase in online retailing
    • Introduction of smart multi-purpose furniture
    • Need for effective space utilization in new construction ventures
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • CARLO RATTI ASSOCIATI
      • Table Vendor overview
      • Table CARLO RATTI ASSOCIATI - Organizational developments
      • Table CARLO RATTI ASSOCIATI - Geographic focus
      • Table CARLO RATTI ASSOCIATI - Key offerings
    • Herman Miller
      • Table Vendor overview
      • Table Herman Miller - Business segments
      • Table Herman Miller - Organizational developments
      • Table Herman Miller - Segment focus
      • Table Herman Miller - Key offerings
    • Inter IKEA Systems
      • Table Vendor overview
      • Table Inter IKEA Systems - Business segments
      • Table Inter IKEA Systems - Organizational developments
      • Table Inter IKEA Systems - Geographic focus
      • Table Inter IKEA Systems - Segment focus
      • Table Inter IKEA Systems - Key offerings
    • StoreBound (Sobro)
      • Table Vendor overview
      • Table StoreBound (Sobro) - Organizational developments
      • Table StoreBound (Sobro) - Geographic focus
      • Table StoreBound (Sobro) - Key offerings
    • Steelcase
      • Table Vendor overview
      • Table Steelcase - Business segments
      • Table Steelcase - Organizational developments
      • Table Steelcase - Geographic focus
      • Table Steelcase - Segment focus
      • Table Steelcase - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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