Global Smart Workplace Market Size, Forecasts, And Opportunities

November 17, 2021 by The Business Research Company

Learn about the global smart workplace market through The Business Research Company, which provides information on smart workplace market size, smart workplace market drivers and restraints, smart workplace market players, the COVID-19 impact on the smart workplace market, and more.

The global smart workplace market is expected to grow from $29.39 billion in 2020 to $33.55 billion in 2021 at a compound annual growth rate (CAGR) of 14.15%. The growth in the smart workplace market is mainly due to the emergence of smart cities and the increasing adoption of energy efficient solutions. The market is expected to reach $53.36 billion in 2025 at a CAGR of 12.31%.

The increase in demand for smart equipment is expected to drive innovation in smart workplace, thus driving the market during the forecast period.

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The smart workplace market consists of sales of technologies, services and solutions by entities (organizations, sole traders, and partnerships) that connect and engages the employees with their workplace. Smart workplace uses technology and networking to enable people for working better, faster, and smarter and also helps in improving productivity and collaboration between people.

Global smart workplace market segments include:

By Product: Smart Lights, Security Systems, Energy Management Systems, HVAC Control Systems, Audio-Video Conferencing Systems

By Office Type: Retrofit Buildings, New Construction Offices

By Solution: Software, Services, Managed Services

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the smart workplace market in 2020.

The launch of a new platform for developing a virtual representation of a physical environment is a key trend in the smart workplace market.

TBRC’s smart workplaces market report covers:

Major Market Players: Carrier, Honeywell, Johnson Controls, Daikin Industries, General Electric, Philips Lumileds, Acuity Brands, LG Electronics, OSRAM, RavenWindow, Schneider, Research Frontiers, NICE Systems, SAGE Electrochromics, Bosch Security Systems, Cisco Systems, Inc, Siemens AG, Kronos Incorporated, ATOSS Software AG, and Teem Technologies.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Smart Workplace Global Market Report 2021: COVID-19 Growth and Change to 2030 is one of a series of new reports from The Business Research Company that provides smart workplace market overviews, analyzes and forecasts market size, share, smart workplace market players, smart workplace market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s smart workplace market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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