Smart Office Market by Components, Connectivity, Office Spaces, Installation

List of Tables

The Smart Office Market is projected to reach USD 118.08 billion by 2030 from USD 45.14 billion in 2022, at a CAGR of 12.76% during the forecast period.

Global Smart Office Market

KEY MARKET STATISTICS
Base Year [2022]	USD 45.14 billion
Estimated Year [2023]	USD 50.38 billion
Forecast Year [2030]	USD 118.08 billion
CAGR (%)	12.76%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Smart Office Market.

Based on Components, market is studied across Hardware, Services, and Solutions. The Hardware is further studied across Microcontrollers, Network Distribution Devices, Sensors & Detectors, and Video Surveillance Equipment. The Solutions is further studied across Audio Video Conferencing Systems, Energy Management Systems, Fire Safety Control System, Security Access Controls System, Smart HVAC Control System, and Smart Lighting. The Hardware commanded largest market share of 49.06% in 2022, followed by Solutions.

Based on Connectivity, market is studied across Wired and Wireless. The Wired commanded largest market share of 57.66% in 2022, followed by Wireless.

Based on Office Spaces, market is studied across Co-working Office Space, Creative Office Space, Executive Suite, Flex Space, and Traditional Office Space. The Executive Suite commanded largest market share of 28.14% in 2022, followed by Creative Office Space.

Based on Installation, market is studied across New Buildings and Retrofits. The New Buildings commanded largest market share of 66.13% in 2022, followed by Retrofits.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 39.72% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Smart Office Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Smart Office Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Smart Office Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., Accenture PLC, Amazon Web Services, Inc., Atos SE, Cisco Systems, Inc., Comcast Corporation, Coor Group, Crestron Electronics, Inc., Exela Technologies, Inc., Fujitsu Limited, General Electric Company, Honeywell International Inc., Huawei Technologies Co., Ltd., IDEX Biometrics ASA, Intel Corporation, International Business Machines Corporation, Johnson Controls International PLC, Komstadt Systems Limited, KoreLock, Inc., KPMG International Limited, Konig + Neurath AG, Legrand SA, Lenovo Group Limited, Leviton Manufacturing Co., Inc., LG Electronics, Lutron Electronics Co., Inc., Microsoft Corporation, Panasonic Holdings Corporation, Planon Group B.V., PointGrab Inc., Robert Bosch GmbH, Schneider Electric SE, Serraview by Eptura, Inc., Siemens AG, Tata Tele Business Services, TD SYNNEX Corporation, and URVE Smart Office.

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Smart Office Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Smart Office Market?

3. What is the competitive strategic window for identifying opportunities in the Smart Office Market?

4. What are the latest technology trends and regulatory frameworks in the Smart Office Market?

5. What is the market share of the leading vendors in the Smart Office Market?

6. Which modes and strategic moves are suitable for entering the Smart Office Market?

Product Code: MRR-0375F3EAA888

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Smart Office Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increase in demand for smart office infrastructure to boost employee productivity
  - 5.1.1.2. Rise in demand for enhanced security solutions in offices
  - 5.1.1.3. Inclination to adopt energy-saving smart solutions at offices
- 5.1.2. Restraints
  - 5.1.2.1. High initial costs, maintenance, and complexity in replacing or upgrading the existing system
- 5.1.3. Opportunities
  - 5.1.3.1. Growing focus toward workplace analytics
  - 5.1.3.2. Innovation in smart solutions for office utilities
- 5.1.4. Challenges
  - 5.1.4.1. Risk of cyber attacks and security issues related to smart office
5.2. Market Segmentation Analysis
- 5.2.1. Components: Significant penetration of smart HVAC control systems
- 5.2.2. Connectivity: Proliferation of wireless connectivity solutions in smart offices
- 5.2.3. Office Spaces: Growing emphasis on development of creative office spaces
- 5.2.4. Installation: Deployment of smart office solutions in new offices
5.3. Market Trend Analysis
- 5.3.1. Energy-efficient building plans and robust competition among players augment the market growth in the Americas region
- 5.3.2. Deployment of advanced technologies and rise in new construction of office spaces in APAC region
- 5.3.3. Favorable government initiatives for sustainability coupled with the rapid development of smart cities in the EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Smart Office Market, by Components

6.1. Introduction
6.2. Hardware
- 6.3.1. Microcontrollers
- 6.3.2. Network Distribution Devices
- 6.3.3. Sensors & Detectors
- 6.3.4. Video Surveillance Equipment
6.3. Services
6.4. Solutions
- 6.5.1. Audio Video Conferencing Systems
- 6.5.2. Energy Management Systems
- 6.5.3. Fire Safety Control System
- 6.5.4. Security Access Controls System
- 6.5.5. Smart HVAC Control System
- 6.5.6. Smart Lighting

7. Smart Office Market, by Connectivity

7.1. Introduction
7.2. Wired
7.3. Wireless

8. Smart Office Market, by Office Spaces

8.1. Introduction
8.2. Co-working Office Space
8.3. Creative Office Space
8.4. Executive Suite
8.5. Flex Space
8.6. Traditional Office Space

9. Smart Office Market, by Installation

9.1. Introduction
9.2. New Buildings
9.3. Retrofits

10. Americas Smart Office Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Smart Office Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Smart Office Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
  - 13.3.1.1. UK-Based InVentry Acquires Hipla Technologies
  - 13.3.1.2. Planon Acquires Majority Share in Proptech Company Ubigreen
- 13.3.2. Agreement, Collaboration, & Partnership
  - 13.3.2.1. IDEX Biometrics and AuthenTrend launch biometric smart cards for identity access
  - 13.3.2.2. Omantel and Huawei sign an MOU to launch a smart office solution at COMEX 2022
  - 13.3.2.3. ABB partners with Samsung Electronics to drive holistic smart building technology
- 13.3.3. New Product Launch & Enhancement
  - 13.3.3.1. IntelePeer Launches SmartOffice Solution to Provide AI-Powered Communications Automation to Regional Offices and Retail Outlets
  - 13.3.3.2. Honeywell Digitizing Fire Systems to Help Keep People and Places Safer
  - 13.3.3.3. Airzone Launches in North America with Critical HVAC / IoT Interface
  - 13.3.3.4. HUAWEI IdeaHub S2 Launched for Smart Office and Education
- 13.3.4. Investment & Funding
  - 13.3.4.1. Haltian nabs Funds To Equip Office Buildings With Smart Sensors
  - 13.3.4.2. Allianz, BVK, EDGE launch EUR 1.3bn 'smart office' investment venture
- 13.3.5. Award, Recognition, & Expansion
  - 13.3.5.1. KoreLock IoT Smart Lock patent for power savings presents game-changing opportunity for the industry

14. Competitive Portfolio

14.1. Key Company Profiles
- 14.1.1. ABB Ltd.
- 14.1.2. Accenture PLC
- 14.1.3. Amazon Web Services, Inc.
- 14.1.4. Atos SE
- 14.1.5. Cisco Systems, Inc.
- 14.1.6. Comcast Corporation
- 14.1.7. Coor Group
- 14.1.8. Crestron Electronics, Inc.
- 14.1.9. Exela Technologies, Inc.
- 14.1.10. Fujitsu Limited
- 14.1.11. General Electric Company
- 14.1.12. Honeywell International Inc.
- 14.1.13. Huawei Technologies Co., Ltd.
- 14.1.14. IDEX Biometrics ASA
- 14.1.15. Intel Corporation
- 14.1.16. International Business Machines Corporation
- 14.1.17. Johnson Controls International PLC
- 14.1.18. Komstadt Systems Limited
- 14.1.19. KoreLock, Inc.
- 14.1.20. KPMG International Limited
- 14.1.21. Konig + Neurath AG
- 14.1.22. Legrand SA
- 14.1.23. Lenovo Group Limited
- 14.1.24. Leviton Manufacturing Co., Inc.
- 14.1.25. LG Electronics
- 14.1.26. Lutron Electronics Co., Inc.
- 14.1.27. Microsoft Corporation
- 14.1.28. Panasonic Holdings Corporation
- 14.1.29. Planon Group B.V.
- 14.1.30. PointGrab Inc.
- 14.1.31. Robert Bosch GmbH
- 14.1.32. Schneider Electric SE
- 14.1.33. Serraview by Eptura, Inc.
- 14.1.34. Siemens AG
- 14.1.35. Tata Tele Business Services
- 14.1.36. TD SYNNEX Corporation
- 14.1.37. URVE Smart Office
14.2. Key Product Portfolio

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing