Smart Office Solutions Market by Product, Technology, and Geography - Forecast and Analysis 2023-2027

  • Published: Nov 2022
  • Pages: 173
  • SKU: IRTNTR40822

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Smart Office Solutions market growth will increase by $2919.08 million during 2023-2027.
The smart office solutions market is expected to grow at a CAGR of 13.5% during 2023-2027.
Technavio has segmented the smart office solutions market by product (Smart security systems, Smart EMS, HVAC control systems, Smart lighting systems, and Audio-video conferencing systems) ,technology (Wireless technologies, Wired technologies, Europe, South America, and MEA) , and geography (APAC, North America, Europe, South America, and Middle East and Africa).
ABB Ltd., Avnet Inc., Cisco Systems Inc., Coor Service Management Holding AB, Crestron Electronics Inc., DEKOM AG, Develco Products AS, GoBright B.V., Honeywell International Inc., Johnson Controls International Plc, Komstadt Systems Ltd., Konig Neurath AG, Koninklijke Philips NV, Lutron Electronics Co. Inc., Schneider Electric SE, Senion AB, Siemens AG, Signify NV, Smart Office Software Solutions, Tata Teleservices Ltd. are a few of the key vendors in the smart office solutions market.
APAC will register the highest growth rate of 32.27% among the other regions. Therefore, the smart office solutions market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the smart office solutions market growth are:
  • Increase in number of startups
  • Increasing number of M and A activities
The smart office solutions market vendors should focus on grabbing business opportunities from the Smart security systems segment as it accounted for the largest market share in the base year.
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