Report Feature
The future of the smart office market looks promising with opportunities in the IT and telecom, BFSI, healthcare, and education industries. The smart office market is expected to grow with a CAGR of
12% from 2019 to 2024. The major drivers for this market are increase in demand for smart office solutions and sensor networks for energy efficiency, advancement of IoT in smart office offerings, growing need for safety and security systems at workplace, and favorable government regulations in several countries.A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of smart office market report download the report brochure.
The study includes a forecast for the smart offices market by application, office type, end use industry, and region as follows:
By Application [$M shipment analysis for 2013 – 2024]:
-
Smart Lighting/Lighting Controls
- Smart Bulbs
- Fixtures
- Lighting Controls
-
Security Systems
- Access Controls
- Surveillance Cameras/Video Surveillance
- Fire and Safety Controls
-
Energy Management Systems
- Smart Thermostats
- HVAC Control Systems
- Control Valves
- Others
By office Type [$M shipment analysis for 2013 – 2024]:
- Retrofit Offices
- New Construction offices
By End Use Industry [$M shipment analysis for 2013 – 2024]:
- IT and Telecom
- BFSI
- Healthcare
- Educational
- Others
By Region [$M shipment analysis for 2013 - 2024]:
-
North America
- United States
- Canada
- Mexico
-
Europe
- Germany
- UK
- Italy
-
Asia Pacific
- China
- Japan
- India
- Rest of the World
Some of the smart office companies profiled in this report include Siemens, Schneider Electric, Johnson Controls, Honeywell International, ABB, Cisco Systems, United Technologies, Lutron Electronics, Crestron Electronics, Philips Lighting Holding
Some of the features of Smart Office Market Report: Trends, Forecast, and Opportunity Analysis include
- Market size estimates: Smart office market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry.
- Segmentation analysis: Market size by application, office type, end use industry, and region
- Regional analysis: Smart office market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions for smart office in the smart office market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for, smart office in the smart office market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the smart office market by application (smart lighting/lighting controls, security systems, energy management systems, HAVC control system, control valves, and others), office type (retrofit offices and new construction offices), end use industry (IT and telecom, BFSI, healthcare, education, and others), and region (North America, Europe, Asia pacific (APAC), and Rest of the world (ROW)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the smart office market?
Q.5 What are the business risks and threats to the smart office market?
Q.6 What are emerging trends in this smart office market and the reasons behind them?
Q.7 What are of the changing demands of customers in the smart office market?
Q.8 What are the new developments in the smart office market? Which companies are leading these developments?
Q.9 Who are the major players in this smart office market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this smart office area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this smart office market?
Table of Contents
3.3.2 Security Systems
3.3.3 Energy Management Systems
3.3.4 HVAC Control Systems 3.3.5 Control Valves 3.3.6 Others
3.5.1 IT and Telecom 3.5.2 BFSI 3.5.3 Healthcare 3.5.4 Education 3.5.5 Others
4.2.1 Market by End Use Industry: IT and Telecom, BFSI, Healthcare, Education, and Others 4.2.2 Market by Application:Smart Lighting, Security Systems, Energy management systems, and Others 4.2.3 United States Smart Office Market 4.2.4 Canadian Smart Office Market 4.2.5 Mexican Smart Office Market
4.5.1 Market by End Use Industry: IT and Telecom, BFSI, Healthcare, Education, and Others, 4.5.2 Market by Application:Smart Lighting, Security Systems, Energy management systems, and Others
6.1.1 Growth Opportunities for the Global Smart Office Market by Application 6.1.2 Growth Opportunities for the Global Smart Office Market by Office Type 6.1.3 Growth Opportunities for the Global Smart Office Market by End Use Industry 6.1.4 Growth Opportunities for the Global Smart Office Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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