Market Highlights: Smart office refers to the interconnected workplace with the audio-video conferencing system, air-conditioning & refrigeration, and other facilities. Of late, automation is taking place throughout the industries owing to the growing need for effective time management as maximizing the profit becomes the topmost priority amid high competition. For enterprises, data security is a cause of concern as the threat of data-breach looms large. The recent, advent of AI and Machine learning provide bright perspective for the very market to flourish. The market study is being classified by Type (Smart Lighting, Security Systems, Energy Management System, Heating, Ventilation, and Air Conditioning (HVAC) Control System and Audio–Video Conferencing Systems) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Smart Office are ABB Ltd. (Switzerland), Cisco Systems, Inc. (United States), Crestron Electronics, Inc. (United States), Honeywell International, Inc. (United States), Johnson Controls (United States), Lutron Electronics Co., Inc. (United States), Philips Lighting Holding B.V. (Netherlands), Schneider Electric (France), Siemens AG (Germany), United Technologies Corporation (United States) and Enlighted, Inc. (United States).
Key Questions Answered in the Report What will the Smart Office Market size and the growth rate be in Future? What are the key factors driving the Smart Office Market? What are the key market trends and macro-economic impacting the growth of the Smart Office Market? What are the challenges to market growth? Who are the key vendors in the Smart Office Market? What are the market opportunities and threats faced by the vendors in the Smart Office Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Smart Office Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Smart Office market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Smart Office market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Original device manufacturers (ODMs), Building automation service providers, Networking technologies vendors, Real estate builders, Building automation software solutions providers, Building automation service providers, Component suppliers, Research organizations and consulting companies, Sub-component manufacturers, Technology providers and Smart office-related associations, organizations, forums, and alliances. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.