Smart Workplace Market Size, and Industry Vertical (BFSI, Healthcare & Life Sciences, Telecommunications &IT, Government & Public Sector, Manufacturing, Consumer Goods & Retail, Media & Entertainment, and Others) Share & Trends Analysis Report By Product,

A smart workplace is a workplace where technology integrates with solutions to enable people to work better, faster, and smarter. Beacons, sensors, and mobile apps help employees perform menial tasks better and faster, providing them enough time to focus on growing businesses and innovating. Furthermore, in a smart workplace, technology helps people to communicate better. For instance, sensors can tell if a person is in the building, where exactly they are at any given moment and even if a certain conference room is booked and for how long. Advantages of smart workplace are it attracts and retains staff, creates a collaborative culture, provides a better customer service, unites workforce, captures business IP, boosts customer privacy, cuts costs structure, and breaks down data silos.

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Organizations are enhancing their security by monitoring the individuals within the premises. It is easy to distinguish visitors from employees using a smart office system. The introduction of ID trackers and facial recognition software in the workplace is the cornerstone of office security. Plus, technology can also help monitor the time an employee spends doing actual work, irrespective of whether they work in office or remotely.
Adoption of artificial intelligence in smart workplace
Building an AI powered digital workplace can encourage end users to adopt a new data-driven way of working as their new toolset provides added value out-of-the-box and enables them to do more by integrating smart platforms. Also, AI driven voice enabled virtual assistants in the office is increasing as end users are getting aware about the benefits of AI integration in business solutions. AI is also used to gain insights from unused data, video communication, better performance management, and enhancing sales productivity. This factor will create opportunity in the global smart work place market globally in forecast period of time.

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Key benefits of the report:

This study presents the analytical depiction of the global smart workplace industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global smart workplace market share.
The current market is quantitatively analyzed from 2021 to 2027 to highlight the global smart workplace market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global market analysis depending on competitive intensity and how the competition will take shape in coming years.

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