Smart Office Market by Component and Office Type- Global Industry Analysis and Forecast to 2023

2018-05-30 / 3800.00 / Technology / 100 Pages

Description

Industry Outlook and Trend Analysis

The Smart Office Market was worth USD 15.56 billion in 2014 and is expected to reach approximately USD 45.80 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 12.75% during the forecast period. The growth of this market can be attributable to rising requirement for effective and optimal usage of IT resources and infrastructure. Moreover, expanding requirement for fusing security devices, for example, cameras and electronic locks, in workplaces has opened entryways for various development openings in the market. Smart office technology provides remarkable outcomes on the basis of productivity, as it empowers digitization and automation of products and systems. For example, with the assistance of beacons, a representative can be naturally distinguished and check in and check out timings can be enrolled in a period and participation system when workers enter or leave office premises, individually.

Component Outlook and Trend Analysis

On the basis of component, the market has been fragmented into software, hardware, and service. The hardware portion ruled the smart office market in 2016 and is foreseen to proceed with its lead from throughout the following years, attributable to consistent innovative progressions in the field. The portion is additionally arranged into security systems and controls, smart lighting and controls, HVAC control frameworks, energy management systems and audio-video conferencing systems. Energy Management Systems (EMSs) are as a rule progressively adopted as they give various benefits, for example, comfort and enhanced core interest. EMSs can be used to track usage of energy, which enables associations to control vitality losses, in this way, prompting increment in overall revenues. They likewise empower managers and workers to upgrade comfort, proficiency, and productivity.

Office Type Outlook and Trend Analysis

On the basis of office type, the market has been divided into retrofit and new construction. The retrofit fragment is expected to produce the most astounding income throughout the following years. Development of the portion can be credited to rising need to implement energy-saving advances in retrofit offices. The new development fragment is foreseen to witness significant development over the conjecture time frame. A retrofit office may pose impediments for changes or new system implementations. Nonetheless, another development gives sufficient adaptability to execute new systems.

Regional Outlook and Trend Analysis

The North American district is foreseen to rule the market throughout the following years, attributable to existence of a significant client base and entrenched producers. The area produced the most astounding income in 2016 and is anticipated to reflect tremendous development throughout the time frame. The Asia Pacific area is foreseen to witness an eminent move in its development, exhibiting astounding growth over the estimate time frame, due to developing economies, for example, China and India. Development of the Service part in these economies is foreseen to prompt an expansion in number of workplaces in the area and this is relied upon to make the requirement for foundation of smart offices over the gauge time frame.

Competitive Insights

The leading players ABB India Limited, Johnson Controls, Crestron Electronics, Honeywell, Schneider Electric, Siemens, Cisco Systems, Lutron Electronics Company, United Technologies Corporation and Philips Lighting Holding B.V. These organizations are occupied with implementing key activities, for example, acquisition and new product development, which are expected to increase development, grow organizations through advent of new innovations and products, and improve geographical reach.

The Smart Office market is segmented as follow-

By Component:


Software
Hardware

Smart Lighting & Controls
HVAC Control Systems
Security Systems & Controls
Energy Management Systems
Audio-Video Conferencing Systems


Services


By Office Type:


New Construction
Retrofit


By Region


North America



U.S
Canada
Mexico



Europe



Germany
France
UK
Italy
Spain
Rest of Europe



Asia-Pacific



Japan
China
Australia
India
South Korea
Rest of Asia Pacific



Rest of the World



Brazil
South Africa
Saudi Arabia
United Arab Emirates
Others


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2023`
What will be the industry market growth from 2015 to 2023`
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast`
What are the major segments leading the market growth and why`
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition`

Table of Content

Table of Contents
1. Introduction
1.1. Report Description
1.2. Research Methodology
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.1.1. Rising requirement for effective and optimal usage of IT resources and infrastructure
3.2.2. Restraints
3.2.3. Opportunities
3.2.3.1. Emerging Markets to Offer Lucrative Growth Opportunities
4. Smart Office Market, By Component
4.1. Introduction
4.2. Global Smart Office Sales, Revenue and Market Share By Component (2014-2017)
4.2.1. Global Smart Office Sales and Sales Share By Component (2014-2017)
4.2.2. Global Smart Office Revenue and Revenue Share By Component (2014-2017)
4.3. Smart Office Market Assessment and Forecast, By Component , 2014-2023
4.4. Software
4.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5. Hardware
4.5.1. Market Assessment and Forecast, By Type, 2014-2023($Billion)
4.5.2. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.3. Smart Lighting & Control
4.5.3.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.4. HVAC Control Systems
4.5.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.5. Security Systems & Controls
4.5.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.6. Energy Management Systems
4.5.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.5.7. Audio-Video Conferencing Systems
4.5.7.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
4.6. Services
4.6.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5. Smart Office Market, By Office Type
5.1. Introduction
5.2. Global Smart Office Sales, Revenue and Market Share By Office Type (2014-2017)
5.2.1. Global Smart Office Sales and Sales Share By Office Type (2014-2017)
5.2.2. Global Smart Office Revenue and Revenue Share By Office Type (2014-2017)
5.3. The Smart Office Market Assessment and Forecast, By Office Type , 2014-2023
5.4. New Construction
5.4.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
5.5. Retrofit
5.5.1. Market Assessment and Forecast, By Region, 2014-2023($Million)
6. Smart Office Market, By Region
6.1. Introduction
6.2. Smart Office Market Assessment and Forecast, By Region, 2014-2023 ($Million)
6.3. Global Smart Office Sales, Revenue and Market Share by Regions
6.3.1. Global Smart Office Sales by Regions (2014-2017)
6.3.2. Global Smart Office Revenue by Regions (2014-2017)
6.4. North America
6.4.1. North America Smart Office Sales and Growth Rate (2014-2017)
6.4.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.4.3. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.4.4. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.4.5. U.S.
6.4.5.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.4.5.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.4.6. Canada
6.4.6.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.4.6.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.4.7. Mexico
6.4.7.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.4.7.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5. Europe
6.5.1. Europe Smart Office Sales and Growth Rate (2014-2017)
6.5.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.5.3. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.4. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5.5. Germany
6.5.5.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.5.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5.6. France
6.5.6.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.6.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5.7. UK
6.5.7.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.7.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5.8. Italy
6.5.8.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.8.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5.9. Spain
6.5.9.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.9.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.5.10. Rest of Europe
6.5.10.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.5.10.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6. Asia-Pacific
6.6.1. Asia-Pacific Smart Office Sales and Growth Rate (2014-2017)
6.6.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.6.3. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.4. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6.5. Japan
6.6.5.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.5.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6.6. China
6.6.6.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.6.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6.7. Australia
6.6.7.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.7.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6.8. India
6.6.8.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.8.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6.9. South Korea
6.6.9.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.9.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.6.10. Rest of Asia-Pacific
6.6.10.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.6.10.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7. Rest of the World
6.7.1. Rest of the World Smart Office Sales and Growth Rate (2014-2017)
6.7.2. Market Assessment and Forecast, By Country, 2014-2023($Million)
6.7.3. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.4. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7.5. Brazil
6.7.5.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.5.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7.6. Turkey
6.7.6.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.6.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7.7. Saudi Arabia
6.7.7.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.7.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7.8. South Africa
6.7.8.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.8.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7.9. United Arab Emirates
6.7.9.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.9.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
6.7.10. Others
6.7.10.1. Market Assessment and Forecast, By Component , 2014-2023($Million)
6.7.10.2. Market Assessment and Forecast, By Office Type , 2014-2023($Million)
7. Company Profiles
7.1. ABB India Limited
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Smart Office Sales, Revenue and Market Share
7.2. Johnson Controls
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Smart Office Sales, Revenue and Market Share
7.3. Crestron Electronics
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Smart Office Sales, Revenue and Market Share
7.4. Honeywell
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Smart Office Sales, Revenue and Market Share
7.5. Schneider Electric
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Smart Office Sales, Revenue and Market Share
7.6. Siemens
7.6.1. Business Overview
7.6.2. Product Portfolio
7.6.3. Strategic Developments
7.6.4. Smart Office Sales, Revenue and Market Share
7.7. Cisco Systems
7.7.1. Business Overview
7.7.2. Product Portfolio
7.7.3. Strategic Developments
7.7.4. Smart Office Sales, Revenue and Market Share
7.8. Lutron Electronics Company
7.8.1. Business Overview
7.8.2. Product Portfolio
7.8.3. Strategic Developments
7.8.4. Smart Office Sales, Revenue and Market Share
7.9. United Technologies Corporation
7.9.1. Business Overview
7.9.2. Product Portfolio
7.9.3. Strategic Developments
7.9.4. Smart Office Sales, Revenue and Market Share
7.10. Philips Lighting Holding B.V
7.10.1. Business Overview
7.10.2. Product Portfolio
7.10.3. Strategic Developments
7.10.4. Smart Office Sales, Revenue and Market Share
8. Global Smart Office Market Competition, by Manufacturer
8.1. Global Smart Office Sales and Market Share by Manufacturer (2016-2017)
8.2. Global Smart Office Revenue and Market Share by Manufacturer (2016-2017)
8.3. Top 5 Smart Office Manufacturer Market Share
8.4. Market Competition Trend
List of Tables and Figures
*You can glance through the list of Tables and Figures when you view the sample copy of Smart Office Market.


Table of Figures

*You can glance through the list of Tables and Figures when you view the sample copy of Biomass Energy Market.

Request Sample

* mark fields are compulsory