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Smart Workplace Market to Surpass Valuation of Us$ 121 BN By 2030 | Projected to Expand at a CAGR of ~17%
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Smart Workplace Market: Overview
The global smart workplace market is expected to register a CAGR of ~17% between 2020 and 2030
Rising trend of smart workplaces with trending technologies such as digital transformation, IoT, machine learning, and artificial intelligence across enterprises is expected to boost the market in the near future
The global smart workplace market is expected to cross US$ 121 Bn by 2030 from ~US$ 26 Bn in 2020
North America holds major share of the smart workplace market in terms of revenue and is anticipated to dominate the market during the forecast period, followed by Europe and Asia Pacific
North America remains the leading region of the smart workplace market with revenues in 2020 estimated at US$ 8,481.9 Mn
The smart workplace market in Middle East & Africa and South America is also expected to witness moderate growth during the forecast period
Asia Pacific smart workplace market is projected to expand significantly in terms of share during the forecast period. This is due to significant presence of a large number of small and medium enterprises in the region, particularly in India and China, operating in cloud-based applications propelling the demand for smart workplaces in the APAC region.
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The Smart Workplace market can be split based on product types, major applications, and important countries as follows:
Key players in the global Smart Workplace market covered in Chapter 12:
NICE Systems
SAGE Electrochromics
Bosch Security Systems
Johnson Controls
Axis Communications
RavenWindow
Ingersoll-Rand
Honeywell
Research Frontiers
Philips Lumileds
Acuity Brands
OSRAM
Carrier
LG Electronics
Schneider Electric
General Electric
Daikin Industries
In Chapter 4 and 14.1, on the basis of types, the Smart Workplace market from 2015 to 2025 is primarily split into:
Smart HVAC
Smart Lighting
Smart Security
Smart Thermostats
Smart Windows
Other
In Chapter 5 and 14.2, on the basis of applications, the Smart Workplace market from 2015 to 2025 covers:
New Buildings
Retrofitting
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Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2015-2025) of the following regions are covered in Chapter 6, 7, 8, 9, 10, 11, 14:
North America (Covered in Chapter 7 and 14)
United States
Canada
Mexico
Europe (Covered in Chapter 8 and 14)
Germany
UK
France
Italy
Spain
Russia
Others
Asia-Pacific (Covered in Chapter 9 and 14)
China
Japan
South Korea
Australia
India
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 10 and 14)
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Others
South America (Covered in Chapter 11 and 14)
Brazil
Argentina
Columbia
Chile
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
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As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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