+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Smart Office - Global Strategic Business Report

  • PDF Icon

    Report

  • 184 Pages
  • March 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806146

Global Smart Office Market to Reach $90.9 Billion by 2030

The global market for Smart Office estimated at US$36 Billion in the year 2022, is projected to reach a revised size of US$90.9 Billion by 2030, growing at a CAGR of 12.3% over the analysis period 2022-2030. Smart Lighting/Lighting Controls, one of the segments analyzed in the report, is projected to record 12.5% CAGR and reach US$22.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Security Systems segment is readjusted to a revised 12.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $10.8 Billion, While China is Forecast to Grow at 11.7% CAGR

The Smart Office market in the U.S. is estimated at US$10.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$15.7 Billion by the year 2030 trailing a CAGR of 11.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.8% and 10.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9% CAGR.

Select Competitors (Total 21 Featured) -

  • ABB Group
  • Cisco Systems, Inc.
  • Crestron Electronics, Inc.
  • Enlighted, Inc.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Lutron Electronics Co., Inc.
  • Philips Lighting BV
  • Schneider Electric SA
  • Siemens AG
  • United Technologies Corporation (UTC)

What's New?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Smart Office - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Smart Office by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 2: World 8-Year Perspective for Smart Office by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2023 & 2030
  • Table 3: World Recent Past, Current & Future Analysis for Smart Lighting/Lighting Controls by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 4: World 8-Year Perspective for Smart Lighting/Lighting Controls by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Security Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 6: World 8-Year Perspective for Security Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Energy Management Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 8: World 8-Year Perspective for Energy Management Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 9: World Recent Past, Current & Future Analysis for HVAC Control Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 10: World 8-Year Perspective for HVAC Control Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Audio-Video Conferencing Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 12: World 8-Year Perspective for Audio-Video Conferencing Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
  • Table 13: World Smart Office Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Table 14: USA Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 15: USA 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • CANADA
  • Table 16: Canada Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 17: Canada 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • JAPAN
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • Table 18: Japan Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 19: Japan 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • CHINA
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • Table 20: China Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 21: China 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • EUROPE
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Table 22: Europe Recent Past, Current & Future Analysis for Smart Office by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2022 through 2030 and % CAGR
  • Table 23: Europe 8-Year Perspective for Smart Office by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2023 & 2030
  • Table 24: Europe Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 25: Europe 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • FRANCE
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • Table 26: France Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 27: France 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • GERMANY
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • Table 28: Germany Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 29: Germany 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • ITALY
  • Table 30: Italy Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 31: Italy 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • UNITED KINGDOM
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • Table 32: UK Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 33: UK 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • REST OF EUROPE
  • Table 34: Rest of Europe Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 35: Rest of Europe 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • ASIA-PACIFIC
  • Smart Office Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • Table 36: Asia-Pacific Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 37: Asia-Pacific 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
  • REST OF WORLD
  • Table 38: Rest of World Recent Past, Current & Future Analysis for Smart Office by Product - Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
  • Table 39: Rest of World 8-Year Perspective for Smart Office by Product - Percentage Breakdown of Value Sales for Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems and Audio-Video Conferencing Systems for the Years 2023 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ABB Group
  • Cisco Systems, Inc.
  • Crestron Electronics, Inc.
  • Enlighted, Inc.
  • Honeywell International, Inc.
  • Johnson Controls International PLC
  • Lutron Electronics Co., Inc.
  • Philips Lighting BV
  • Schneider Electric SA
  • Siemens AG
  • United Technologies Corporation (UTC)

Table Information