Qualitative report "Smart Office Market" has the Potential to reach USD 45.80 billion with expected to witness a stellar CAGR of 12.75% during 2014 - 2023 | Johnson Controls, Crestron Electronics, Honeywell, Schneider Electric

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.

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The Smart Office market is segmented as follow-

By Component:
Software
Hardware
Services

By Office Type:
New Construction
Retrofit

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.

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Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Smart OfficeMarket, By Component
4.1.Introduction
4.2.Global Smart OfficeSales, Revenue and Market Share By Component(2014-2017)
4.2.1.Global Smart OfficeSales and Sales Share By Component(2014-2017)
4.2.2.Global Smart OfficeRevenue and Revenue Share By Component(2014-2017)
4.3.Smart OfficeMarket 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($Million)
5.Smart OfficeMarket, By Office Type
5.1.Introduction
5.2.Global Smart OfficeSales, Revenue and Market Share By Office Type(2014-2017)
5.2.1.Global Smart OfficeSales and Sales Share By Office Type(2014-2017)
5.2.2.Global Smart OfficeRevenue and Revenue Share By Office Type(2014-2017)
5.3.The Smart OfficeMarket Assessment and Forecast, By Office Type, 2014-2023
5.4.New Construction
5.4.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
5.5.Retrofit
5.5.1.Market Assessment and Forecast, By Region, 2014-2023($Million)
To be Continued…

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.

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