The global smart offices market was valued at US$ 30,565.7 Mn in 2017, and is projected to reach US$ 85,393.3 Mn by 2026, exhibiting a CAGR of 12.2% over the forecast period, according to Global Smart Offices Market Report, by component (Software, Hardware, and Service), by Product type (Smart lights, Security System, Energy Management System, and Audio-Video Conferencing System), by Office Type (Retrofit Office and New Construction Office ), and by Region (North America, Europe, Asia Pacific, and LAMEA), published by Coherent Market Insights.
Smart Offices are designed to provide better productivity compared to conventional offices. A smart office has multiple options for processing, monitoring, and managing data within the premises. This acquired information can be used to come up with patterns and strategic plans that can be implemented for better interactions and connectivity in the office. Smart Offices can be used to gain insightful usage analytics, which helps the enterprise to keep tabs on space, building usage, and booking. Government’s initiatives such as green buildings for clean and smart infrastructure is one of the key factors driving growth of the smart office market. For instance, Singapore government’s Smart Nation Initiatives to enhance business productivity is expected to support the smart office market growth. Smart Nation Initiative is project run by Singaporean businesses and Government to transform Singapore with technology, it supports smart living by technology, by using smart apps, IoT-based devices and systems.
To know the latest trends and insights prevalent in this market, click the link below:
Browse 60 market data tables* and 40 figures* on "Global Smart Offices Market” - Global forecast to 2026.
Key Trends and Analysis of the Global Smart Offices Market:
Key Takeaways of the Market:
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Email: [email protected]
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.