Global Smart Workplace Market- Future Opportunity and Market Overviews 2027

Smart workplace is a workspace in which employees are able to perform their tasks or work more efficiently by using smart devices. The major benefits of smart workplace is that it helps in minimising the wastages of business resources such as paper, raw material, lighting cost, others.

Adoption of various technologies such as iOffice work place software, assets management software, and cloud technology, AI among others solutions help in creating predictive maintenance models and identify trends in data, which help employees to analyse faster, in order to improve decision making in real time. Thus, these solutions are expected to increase productivity of the business and helps in automating work processes.

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Key players operating in the smart workplace market are: Carrier Corporations, Daikin Industries, Ltd, Siemens AG., Johnson Controls Inc., LG Electronics, Inc., Crestron Electronics, Inc., General Electric, Inc., Honeywell International, OSRAM Licht AG, Philips Lumileds Holdings B.V., and Schneider Electric SE.

Regional Insights:
North America accounted for the largest market share in 2017 and is expected to remain the largest market throughout the forecast period. The U.S. and Canada are some of the major economies driving growth of the market in this region. The region is early adopter of advanced technologies such as cloud-based technology, IoT, and AI and this is major factor driving growth of the market in this region.

Smart Workplace Market: Taxonomy
1) By Component
-Software
-Services

2) By Communication Technology
-Wired Technology
-Wireless Technology

3) By Product Type
-Smart Lightings
-Security System
-Heating, Ventilation, and Air Conditioning (HVAC)
-Control System
-Others

4) By Buildings
-New Buildings
-Retrofitting

5) By Regions
-North America
-Europe
-Asia-Pacific
-Latin America
-Middle East
-Africa

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