Market Research Report
Asia Pacific Smart Office Market - By Product, Building Types, Geography, Trends, Forecast - (2017 - 2022)
|Published by||Mordor Intelligence LLP||Product code||543612|
|Published||Content info||99 Pages
Delivery time: 2-3 business days
|Asia Pacific Smart Office Market - By Product, Building Types, Geography, Trends, Forecast - (2017 - 2022)|
|Published: January 26, 2017||Content info: 99 Pages||
The Asia Pacific Smart Office market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX.XX% during the forecast period of 2017 - 2022. Asia-Pacific region has countries with one of the fastest growing economies in the world. Companies from around the world want to open their businesses or expand their network in this region. This increase in demand for land has increased the land prices by a huge margin. The land rates for offices are increased by leaps and bounds in places like Shanghai, Beijing, Tokyo, Mumbai, Singapore and New Delhi. The rates for many of the places are one of the highest in the world. It is becoming increasingly difficult for the companies to open new places and have to weigh their options before opening new places. Smart offices are helping the companies to use the existing space they have and use it in a way that will give them more floor space for work. The demand for the smart office technology is increasing in the region.
Smart office is an application of Internet-of-Things domain which covers the work environment and helps make the usage of office space and resources more efficient and intelligent. They are both flexible and scalable, unlike the traditional workplaces which are inflexible as they have fixed workplaces and cubicles.
Smart offices have the architecture in such a way that it is adaptable. They consist of sensors, devices and information networked and connected to network infrastructure by suitable communication links so that people can be mobile and work from anywhere. The office will have sensors and devices that maintain work environment like temperature, light intensity, etc. that will help reducing power wastage.
The overall aim of smart office is the comfort of an individual user and other factors like energy savings, quality of work environment and meeting the scheduled deadlines. There are devices like Ava 500 from iRobot which helps people working from other offices also to participate in meetings and hold discussions on the move.
Major companies in the market like Siemens, Schneider Electric, ABB, Cisco, Honeywell, etc. are releasing more products and services for the smart offices market. These companies have been studied and their strategies have been analyzed in the report. The report is divided by geography where the market share of each region is analyzed and estimates are provided for the period of 2017 - 2022. The various applications of smart office have been discussed in detail in addition to a comprehensive overview of the market.
Helping people in the office to be mobile and still be connected to network
Increase in the sale of smart devices
Cost of refurbishment of old office is high
What the Report Offers
Market definition for the Asia-Pacific smart office market, along with identification of key drivers and restraints.
Market analysis for the Asia-Pacific smart office market, with country-specific assessments and competition analysis.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies which can influence the market in Asia-Pacific.
Extensively researched competitive landscape section with profiles of major companies along with their share of the market.
Identification and analysis of the macro and micro factors that affect the Asia-Pacific smart office market.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.