PUBLISHER: TechNavio | PRODUCT CODE: 1156173
PUBLISHER: TechNavio | PRODUCT CODE: 1156173
Technavio has been monitoring the smart office solutions market and it is poised to grow by $2919.08 mn during 2023-2027, accelerating at a CAGR of 13.5% during the forecast period. Our report on the smart office solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest the trends and drivers, and the overall market environment. The market is driven by an increase in the number of startups, increasing adoption of IoT in business solutions, and rising spending on IT technologies.
Technavio's smart office solutions market is segmented as below:
By Product
By Technology
By Geographical Landscape
This study identifies the increasing number of M&A activities as one of the prime reasons driving the smart office solutions market growth during the next few years. Also, an increase in demand for smart office and sensor networks for energy efficiency and an increase in the number of startups will lead to sizable demand in the market.
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart office solutions market vendors that include ABB Ltd., Avnet Inc., Cisco Systems Inc., Coor Service Management Holding AB, Crestron Electronics Inc., DEKOM AG, Develco Products AS, GoBright B.V., Honeywell International Inc., Johnson Controls International Plc, Komstadt Systems Ltd., Konig Neurath AG, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Senion AB, Siemens AG, Signify NV, Smart Office Software Solutions, and Tata Teleservices Ltd. Also, the smart office solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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