Smart Workplace Market 2017 Receives a Rapid Boost in Economy due to High Emerging Demands

Market Highlights

Smart workplace market is estimated to exhibit high growth potential during the forecast period owing to rapid adoption of smart workplace solutions and services. Major driving factor in the growth of smart workplace market is the growing need for energy conservation and increasing need for energy efficient solutions. Increasing technological advancements is another major factor responsible for the growth of smart workplace market. Increasing demand for seamless connectivity is one major factor driving the growth of smart workplace market.

Cisco Systems and Siemens AG are among the key players in the smart workplace market. Cisco Systems has come up connected workplace project with smart solutions for workplace automation and also energy efficient solutions too. This is owing to the increasing awareness of energy efficient solutions. The company focusses on offering innovative solutions and keeps up with the fast pace of the technological advancements.

The smart workplace market is growing rapidly over 13% of CAGR and is expected to reach at approx. USD 47 Billion by the end of forecast period.

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Major key Players

Siemens AG (Germany),
Schneider Electric SA (France),
Johnson Controls International PLC (Ireland),
Honeywell International Inc. (U.S.),
ABB Ltd. (Switzerland),
Cisco Systems, Inc. (U.S.),
United Technologies Corporation (U.S.),
Lutron Electronics Co. Inc. (U.S.),
Crestron Electronics, Inc. (U.S.),
Philips Lighting Holding B.V. (Netherlands)

Smart Workplace Market Segmentation
The smart workplace market has been segmented on the basis of component, product, office type and communication technology. The communication technology segment is bifurcated into wired and wireless. Out of which, the wireless communication technology sub segment holds the largest market share of the smart workplace market. This is owing to the technological advancements and growing demand for wireless technology applications.

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LIST OF TABLES
TABLE 1 SMART WORKPLACE MARKET, BY COMPONENT
TABLE 2 SMART WORKPLACE MARKET, BY PRODUCT
TABLE 3 SMART WORKPLACE MARKET, BY OFFICE TYPE
TABLE 4 SMART WORKPLACE MARKET, BY COMMUNICATION TECHNOLOGY
Continued…..
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 SMART WORKPLACE MARKET, BY COMPONENT (%)
FIGURE 3 SMART WORKPLACE MARKET, BY PRODUCT (%)
FIGURE 4 SMART WORKPLACE MARKET, BY OFFICE TYPE (%)
FIGURE 5 SMART WORKPLACE MARKET, BY COMMUNICATION TECHNOLOGY (%)
Continued……..
We are thankful for the support and assistance Smart Workplace Market Research Report - Global Forecast 2023 Related technical experts and marketing experts during Research Team survey and interviews.

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