Smart Workplace Market Scope
Advances in communication, in combination with changing lifestyles, hint to a future workforce that is more productive and capable than ever before. As communication and productivity technology improve, employees are growing increasingly unsatisfied with workplace possibilities. Employees believe their workplace is not smart enough, and they are ready for a workplace that can fit their changing lives. The adoption of smart workplace technology has exploded in recent years. The use of digital workspaces and smart offices is becoming more popular, and deployments are picking up speed. Employees who exercise even moderately throughout the workday experience less stress and are more tolerant of the myriad annoyances that come with daily working life. One practical method is to track how much exercise staff get during the day and use that data to urge them to do more.
The Smart Workplace market study is segmented by Type (Smart Lighting, Security Systems, Energy Management Systems and HVAC Control Systems), by Application (BFSI, Healthcare & Life Sciences, Telecommunications & IT, Government & Public Sector, Manufacturing, Consumer Goods & Retail, Media & Entertainment and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Smart Workplace market throughout the predicted period.
ABB Ltd. (Switzerland), Honeywell International Inc. (United States), Johnson Controls International PLC (Ireland), Cisco Systems Inc. (United States), Crestron Electronics, Inc. (United States), Lutron Electronics Co. Inc. (United States), Schneider Electric S.A. (France), Siemens AG (Germany), Philips Lighting Holding B.V. (Netherlands) and United Technologies Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Schneider Electric SE (France), Reflexis Systems, Inc. (United States) and Kronos Incorporated (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Smart Workplace market by Type, Application and Region.
On the basis of geography, the market of Smart Workplace has been segmented into 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).
Market Leaders and their expansionary development strategies
On 18th May, 2021 - Google Launched its Smart Canvas, A New Collaboration Tool for Google Workspace, At Google IO. This Version Adds New Functionality to Most of The Workplace Platforms, Including Docs, Sheets, And Others. The Addition is Expected to be Available by the End of the 2021. and On 24th February, 2021 - Siemens Installed Smart Workplace Technology in Its Singapore Headquarters, Allowing for A Hybrid Working Approach. The Smart Workplace Solution Is Based on Sophisticated IoT Sensors. The Sensor Technology Will Allow Employees to Examine the Occupancy Rate and Other Aspects.
- Integration with Upcoming Technologies including Artificial Intelligence (AI)
- Increasing Demand for Flexibility in Working
- Growth in Startup Infrastructure
- Rising Implementations Across SMEs
- Growing Smart Infrastructure
- Shift From Traditional Approach to Software Based
Key Target AudienceSmart Workplace Solution Providers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others