Smart Office Market is expected to reach US$ 90.4 billion by 2030 | Major players - ABB Ltd., Harvatek Corporation, Cisco Systems Inc.

Market Size and Growth:

The Global Smart Office Market Size reached US$ 32.3 billion in 2022 and is expected to reach US$ 90.4 billion by 2030, growing with a CAGR of 11.3% during the forecast period 2024-2031. According to DataM Intelligence Report.

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The Smart Office Market encompasses advanced workplace solutions integrating IoT, AI, automation, and smart devices to enhance efficiency, productivity, and employee experience. It includes smart lighting, climate control, security systems, collaborative tools, and data-driven workspace management. The market focuses on creating connected, flexible, and sustainable office environments that optimize operations, reduce costs, and support modern hybrid work models.

United States: Recent Developments of Smart Office Market

✅ October 2025: Smartworks Coworking Spaces Limited leased over 1 million sq ft of office space across four cities, highlighting strong demand for flexible smart workspace solutions.​

✅ October 2025: Smartworks expanded by leasing 557,000 sq ft at Tata Realty's Navi Mumbai Intellion Park, advancing smart office infrastructure in key urban areas.​

✅ September 2025: Microsoft updated flexible work policies to require three days a week in the office, boosting integration of smart collaboration tools and security in US locations.

Europe: Recent Developments of Smart Office Market

✅ November 2025: SNS JU announced its top-10 key achievements in 6G innovation, including smart network solutions like high-capacity P2MP transmission for scalable office connectivity.​

✅ October 2025: European Wireless 2025 conference in Sophia Antipolis focused on 5G/6G and smart networks, driving advancements in Europe's smart office digital infrastructure.​

✅ September 2025: European Commission advanced EU AI Act implementation with consultations on AI incident reporting, enhancing smart office AI management platforms.

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Major Players:

Key companies in the Smart Office market include:

ABB Ltd.
Harvatek Corporation
Cisco Systems Inc.
Honeywell International Inc.
Legrand SA
Johnson Controls International Plc
Lutron Electronics Co. Inc.
Siemens AG
Philips Lighting Holding B.V. (Signify Holding)
Schneider Electric S.E.

Market Growth Drivers:

✅ Adoption of IoT and AI Technologies: Integration of Internet of Things (IoT) devices, sensors, and artificial intelligence (AI) enables automated lighting, climate control, and space optimization, boosting operational efficiency and employee experiences in smart offices.

✅ Rise of Hybrid Work Models: The shift to hybrid and remote work post-pandemic drives demand for flexible, collaborative spaces with virtual tools and remote monitoring to support productivity across in-office and distributed teams.

✅ Demand for Energy Efficiency and Sustainability: Focus on eco-friendly solutions, including sensor-based networks and low-carbon devices, aligns with regulatory pressures and corporate goals to reduce energy consumption and emissions.

Segments Covered in the Smart Office Market:

By Offering: Hardware, Software and Services.

By Product: Smart Lighting, Intelligent Security Systems, Energy Management Systems, Network Management Systems, Audio-Video Conferencing Systems and Others.

By Connectivity Technology: Wireless Technologies, Wired Technologies.

By End-User: Commercial, Residential and Industrial.

Regional Analysis for Smart Office Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Smart Office market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Smart Office Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Smart Office market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Smart Office Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Smart Office market?

➠ Who are the global key manufacturers of the Smart Office Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Smart Office market opportunities and threats faced by the vendors in the global Smart Office Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Smart Office market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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