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Global Smart Office Solutions Market 2023-2027

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    Report

  • 120 Pages
  • November 2022
  • Region: Global
  • TechNavio
  • ID: 5004415
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The smart office solutions market is poised to grow by $2,919.08 million during 2023-2027, accelerating at a CAGR of 13.5% during the forecast period. The market is driven by an increase in the number of startups, increasing adoption of IoT in business solutions, and rising spending on IT technologies.

This report on the smart office solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest the trends and drivers, and the overall market environment.

The smart office solutions market is segmented as below:

By Product

  • Smart security systems
  • Smart EMS
  • HVAC control systems
  • Smart lighting systems
  • Audio-video conferencing systems

By Technology

  • Wireless technologies
  • Wired technologies

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increasing number of M&A activities as one of the prime reasons driving the smart office solutions market growth during the next few years. Also, an increase in demand for smart office and sensor networks for energy efficiency and an increase in the number of startups will lead to sizable demand in the market.

This report on the smart office solutions market covers the following areas:

  • Smart office solutions market sizing
  • Smart office solutions market forecast
  • Smart office solutions market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart office solutions market vendors that include ABB Ltd., Avnet Inc., Cisco Systems Inc., Coor Service Management Holding AB, Crestron Electronics Inc., DEKOM AG, Develco Products AS, GoBright B.V., Honeywell International Inc., Johnson Controls International Plc, Komstadt Systems Ltd., Konig Neurath AG, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Senion AB, Siemens AG, Signify NV, Smart Office Software Solutions, and Tata Teleservices Ltd. Also, the smart office solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global smart office solutions market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global smart office solutions market 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Technology Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
6.1 Market segments
Exhibit 30: Chart on Product - Market share 2022-2027 (%)
Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Smart security systems - Market size and forecast 2022-2027
Exhibit 34: Chart on Smart security systems - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Smart security systems - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Smart security systems - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Smart security systems - Year-over-year growth 2022-2027 (%)
6.4 Smart EMS - Market size and forecast 2022-2027
Exhibit 38: Chart on Smart EMS - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Smart EMS - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Smart EMS - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Smart EMS - Year-over-year growth 2022-2027 (%)
6.5 HVAC control systems - Market size and forecast 2022-2027
Exhibit 42: Chart on HVAC control systems - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Data Table on HVAC control systems - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Chart on HVAC control systems - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on HVAC control systems - Year-over-year growth 2022-2027 (%)
6.6 Smart lighting systems - Market size and forecast 2022-2027
Exhibit 46: Chart on Smart lighting systems - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Data Table on Smart lighting systems - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Chart on Smart lighting systems - Year-over-year growth 2022-2027 (%)
Exhibit 49: Data Table on Smart lighting systems - Year-over-year growth 2022-2027 (%)
6.7 Audio-video conferencing systems - Market size and forecast 2022-2027
Exhibit 50: Chart on Audio-video conferencing systems - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Data Table on Audio-video conferencing systems - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Chart on Audio-video conferencing systems - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on Audio-video conferencing systems - Year-over-year growth 2022-2027 (%)
6.8 Market opportunity by Product
Exhibit 54: Market opportunity by Product ($ million)
7 Market Segmentation by Technology
7.1 Market segments
Exhibit 55: Chart on Technology - Market share 2022-2027 (%)
Exhibit 56: Data Table on Technology - Market share 2022-2027 (%)
7.2 Comparison by Technology
Exhibit 57: Chart on Comparison by Technology
Exhibit 58: Data Table on Comparison by Technology
7.3 Wireless technologies - Market size and forecast 2022-2027
Exhibit 59: Chart on Wireless technologies - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Wireless technologies - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Wireless technologies - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Wireless technologies - Year-over-year growth 2022-2027 (%)
7.4 Wired technologies - Market size and forecast 2022-2027
Exhibit 63: Chart on Wired technologies - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Wired technologies - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Wired technologies - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Wired technologies - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Technology
Exhibit 67: Market opportunity by Technology ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 69: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 70: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 71: Chart on Geographic comparison
Exhibit 72: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 109: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 110: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 111: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 112: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 113: Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 114: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 116: Overview on factors of disruption
11.4 Industry risks
Exhibit 117: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 118: Vendors covered
12.2 Market positioning of vendors
Exhibit 119: Matrix on vendor position and classification
12.3 ABB Ltd.
Exhibit 120: ABB Ltd. - Overview
Exhibit 121: ABB Ltd. - Business segments
Exhibit 122: ABB Ltd. - Key offerings
Exhibit 123: ABB Ltd. - Segment focus
12.4 Avnet Inc.
Exhibit 124: Avnet Inc. - Overview
Exhibit 125: Avnet Inc. - Business segments
Exhibit 126: Avnet Inc. - Key news
Exhibit 127: Avnet Inc. - Key offerings
Exhibit 128: Avnet Inc. - Segment focus
12.5 Cisco Systems Inc.
Exhibit 129: Cisco Systems Inc. - Overview
Exhibit 130: Cisco Systems Inc. - Business segments
Exhibit 131: Cisco Systems Inc. - Key news
Exhibit 132: Cisco Systems Inc. - Key offerings
Exhibit 133: Cisco Systems Inc. - Segment focus
12.6 Coor Service Management Holding AB
Exhibit 134: Coor Service Management Holding AB - Overview
Exhibit 135: Coor Service Management Holding AB - Business segments
Exhibit 136: Coor Service Management Holding AB - Key offerings
Exhibit 137: Coor Service Management Holding AB - Segment focus
12.7 Crestron Electronics Inc.
Exhibit 138: Crestron Electronics Inc. - Overview
Exhibit 139: Crestron Electronics Inc. - Product / Service
Exhibit 140: Crestron Electronics Inc. - Key offerings
12.8 DEKOM AG
Exhibit 141: DEKOM AG - Overview
Exhibit 142: DEKOM AG - Product / Service
Exhibit 143: DEKOM AG - Key offerings
12.9 Develco Products AS
Exhibit 144: Develco Products AS - Overview
Exhibit 145: Develco Products AS - Product / Service
Exhibit 146: Develco Products AS - Key offerings
12.10 Honeywell International Inc.
Exhibit 147: Honeywell International Inc. - Overview
Exhibit 148: Honeywell International Inc. - Business segments
Exhibit 149: Honeywell International Inc. - Key news
Exhibit 150: Honeywell International Inc. - Key offerings
Exhibit 151: Honeywell International Inc. - Segment focus
12.11 Johnson Controls International Plc
Exhibit 152: Johnson Controls International Plc - Overview
Exhibit 153: Johnson Controls International Plc - Business segments
Exhibit 154: Johnson Controls International Plc - Key news
Exhibit 155: Johnson Controls International Plc - Key offerings
Exhibit 156: Johnson Controls International Plc - Segment focus
12.12 Komstadt Systems Ltd.
Exhibit 157: Komstadt Systems Ltd. - Overview
Exhibit 158: Komstadt Systems Ltd. - Product / Service
Exhibit 159: Komstadt Systems Ltd. - Key offerings
12.13 Koninklijke Philips NV
Exhibit 160: Koninklijke Philips NV - Overview
Exhibit 161: Koninklijke Philips NV - Business segments
Exhibit 162: Koninklijke Philips NV - Key news
Exhibit 163: Koninklijke Philips NV - Key offerings
Exhibit 164: Koninklijke Philips NV - Segment focus
12.14 Lutron Electronics Co. Inc.
Exhibit 165: Lutron Electronics Co. Inc. - Overview
Exhibit 166: Lutron Electronics Co. Inc. - Product / Service
Exhibit 167: Lutron Electronics Co. Inc. - Key offerings
12.15 Schneider Electric SE
Exhibit 168: Schneider Electric SE - Overview
Exhibit 169: Schneider Electric SE - Business segments
Exhibit 170: Schneider Electric SE - Key news
Exhibit 171: Schneider Electric SE - Key offerings
Exhibit 172: Schneider Electric SE - Segment focus
12.16 Siemens AG
Exhibit 173: Siemens AG - Overview
Exhibit 174: Siemens AG - Business segments
Exhibit 175: Siemens AG - Key news
Exhibit 176: Siemens AG - Key offerings
Exhibit 177: Siemens AG - Segment focus
12.17 Signify NV
Exhibit 178: Signify NV - Overview
Exhibit 179: Signify NV - Business segments
Exhibit 180: Signify NV - Key news
Exhibit 181: Signify NV - Key offerings
Exhibit 182: Signify NV - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 183: Inclusions checklist
Exhibit 184: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 185: Currency conversion rates for US$
13.4 Research methodology
Exhibit 186: Research methodology
Exhibit 187: Validation techniques employed for market sizing
Exhibit 188: Information sources
13.5 List of abbreviations
Exhibit 189: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global smart office solutions market: ABB Ltd., Avnet Inc., Cisco Systems Inc., Coor Service Management Holding AB, Crestron Electronics Inc., DEKOM AG, Develco Products AS, GoBright B.V., Honeywell International Inc., Johnson Controls International Plc, Komstadt Systems Ltd., Konig Neurath AG, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Senion AB, Siemens AG, Signify NV, Smart Office Software Solutions, and Tata Teleservices Ltd.

Commenting on the report, one of the report's analysts said: 'The latest trend gaining momentum in the market is increasing number of M&A activities.'

According to the report, one of the major drivers for this market is the increase in the number of startups.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

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

  • ABB Ltd.
  • Avnet Inc.
  • Cisco Systems Inc.
  • Coor Service Management Holding AB
  • Crestron Electronics Inc.
  • DEKOM AG
  • Develco Products AS
  • GoBright B.V.
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Komstadt Systems Ltd.
  • Konig Neurath AG
  • Koninklijke Philips NV
  • Lutron Electronics Co. Inc.
  • Schneider Electric SE
  • Senion AB
  • Siemens AG
  • Signify NV
  • Smart Office Software Solutions
  • Tata Teleservices Ltd.

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