Smart Workplace Market Analysis Europe,North America,APAC,South America,Middle East and Africa - US,China,Japan,Germany,Spain - Size and Forecast 2023-2027
| Published: Oct 2023 | Pages: 165 | SKU: IRTNTR41113 |
Smart Workplace Market Forecast 2023-2027
The Smart Workplace Market size is estimated to grow by USD 28.66 billion at a Compound Annual Growth Rate (CAGR) of 12.12% between 2022 and 2027. The growth of the market depends on several factors, including the emergence of smart cities, the increased demand for seamless connectivity, and the need for energy conservation.
What will be the Size of the Market During the Forecast Period?
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Market Dynamics
Key Driver
One of the key factors driving the market growth is the need for energy conservation. There is increasing interest across sectors in how to change current energy usage as the UN set a target to keep the rise in temperature of Earth well below 2 degrees C above preindustrial levels within the Paris Agreement in order to help prevent damage to the environment. Additionally, due to the rapid economic development in both developed as well as developing countries, there is an increasing focus on the development of smart buildings.
Moreover, smart buildings, including smart workplaces, extensively use advanced engineering technologies, and systems that monitor and control daily energy consumption in real-time, which help in regulating daily power usage. This integration of the system environment in smart workplaces enables the achievement of energy-efficiency standards enforced in different countries. Hence, such factors are positively impacting the market. Therefore, it is expected to drive the market growth during the forecast period.
Significant Trends
A key factor shaping the market growth is the high demand for touchless access control solutions. There is an increasing adoption of touchless access in critical utilities such as oil and gas, water treatment plants, and construction sites where individuals are exposed to dust. Hand geometry, when used with smart devices including tablets, laptops, and notebooks, enables the contactless approach without the requirement for additional hardware or sensors to recognize hand patterns.
Moreover, there is an increasing adoption of hand geometry to gain access to a number of financial organizations and to record the time and attendance of employees. Furthermore, there is a rising incorporation of the use of hand geometry biometrics for verification of the end-users. Hence, such factors are positively impacting the market which, in turn, will drive the market trends during the forecast period.
Major Restraint
High initial investments associated with smart workplace solutions are one of the key challenges hindering growth. There is a huge investment associated with the setting up of a smart workplace in both new buildings and existing buildings. As smart workplaces involve technologically advanced equipment, the procurement and installation of this equipment can be costly for SMEs and large construction companies.
Moreover, the operation of this advanced equipment requires highly skilled and trained manpower, which is not easily available in all countries. Even though the overall operation of these workplaces is economical, there is a high cost associated with maintenance, repairs, and upgrades. Hence, such factors are negatively impacting the market which in turn will hinder the market growth during the forecast period.
Market Segmentation By Type
The new buildings segment is estimated to witness significant growth during the forecast period. There has been a growing popularity for smart workplaces in new office buildings since 2022. As a result, there is increasing investment in the development of smart workplaces by several organizations due to the growing focus on attaining energy and operational efficiency.
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The new buildings segment was the largest segment and was valued at USD 18.52 billion in 2017. Some of the main investors in the development of smart workplaces are large Multinational Corporations (MNCs) and other organizations that have access to funds as it requires a substantial amount of investments. As a result, it helps enterprises to further strengthen their brand image and attract more employees. Additionally, the main advantage of these smart workplaces is that they are employee-friendly and facilitate the provision of a flexible working environment thereby increasing productivity. Hence, such factors are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.
Market Segmentation By Component
The numerous advantages of the solution segment will increase the market growth. The smart workplace solution segment comprises a wide range of advanced technologies that transform traditional work environments into dynamic and efficient spaces. Additionally, these solutions create intelligent ecosystems that adapt to the needs of modern businesses and their workforce by leveraging advanced technologies such as IoT devices, sensors, and automation systems. Factors such as the improvement in productivity, efficiency, and employee satisfaction while adapting to the evolving nature of work in the digital age are expected to fuel the growth of this segment which in turn will drive the market growth during the forecast period.
Regional Overview
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North America is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Another region offering significant growth opportunities to vendors is Europe. Several rights and laws in Europe are highly employee-centered which mandates the organizations to offer a friendly, flexible, and overall favorable working environment for employees. Additionally, there is a growing popularity for smart workplaces in the region.
Besides offering an overall employee-friendly workplace, another significant factor fuelling the growth of the smart workplace market in Europe is the growing focus on energy efficiency and cutting down carbon footprints. Several enterprises in Europe are competing to achieve maximum energy-efficiency certifications which has led to the growing popularity of smart workplaces as it offers both a favorable working environment for employees and energy efficiency. Hence, such factors are driving the growth of the global market in Europe during the forecast period.
Customer Landscape
The market growth analysis report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Who are the Major Smart Workplace Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd: The company offers smart workplace solutions such as ABB Ability for Workplace which provides integrated building automation and control systems for enhanced energy efficiency and occupant comfort.
Avnet Inc: The company offers smart workplace solutions such as IoTConnect, a cloud-based platform for seamless IoT device management and data analysis in the workplace.
Cisco Systems Inc: The company offers smart workplace solutions such as Cisco DNA Spaces, which is an AI-powered location analytics platform for workplace optimization and productivity.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
- Coor Service Management Holding AB
- Crestron Electronics Inc.
- DEKOM AG
- Develco Products AS
- Eptura Inc.
- GoBright B V
- Honeywell International Inc.
- Johnson Controls International Plc
- Komstadt Systems Ltd.
- Konig Neurath AG
- Koninklijke Philips N.V.
- Lutron Electronics Co. Inc.
- Martela Oyj
- Schneider Electric SE
- Siemens AG
- Signify NV
- Verizon Communications Inc.
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Market Analyst Overview
The Smart Workplace Market is propelled by the adoption of artificial intelligence, fostering workplace flexibility and business agility. Smart lighting, security systems, and energy management systems optimize operations, reducing electricity costs and energy waste. Advanced sensors and motion detection enable efficient HVAC control, minimizing maintenance and replacement expenses. Communication technology, both wired and wireless, ensures reliable connectivity, enhancing employee productivity and workflow efficiency. Intelligent hardware and software facilitate seamless collaboration through video conferencing, instant messaging, and shared document platforms. Key players like IBM, Accenture, and Phillips Lighting Holding drive innovation, collaborating with organizations worldwide to offer cost-effective, sustainable solutions. With a focus on diversity and inclusion, the market is poised for growth, particularly in sectors like transportation, manufacturing, and renewable energy, aligning with sustainability and environmental impact goals.
Segment Overview
The market forecasting report covers market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
- Type Outlook (USD Billion, 2017 - 2027)
- New buildings
- Retrofitting
- Component Outlook (USD Billion, 2017 - 2027)
- Solution
- Services
- Geography Outlook (USD Billion, 2017 - 2027)
- North America
- The U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Rest of Europe
- APAC
- China
- India
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- North America
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Smart Workplace Market Scope |
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Market Report Coverage |
Details |
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Page number |
165 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 12.12% |
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Market growth 2023-2027 |
USD 28.66 billion |
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Market structure |
Fragmented |
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YoY growth 2022-2023(%) |
12.1 |
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Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 33% |
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Key countries |
US, China, Japan, Germany, and Spain |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., Avnet Inc., Cisco Systems Inc., Coor Service Management Holding AB, Crestron Electronics Inc., DEKOM AG, Develco Products AS, Eptura Inc., GoBright B V, Honeywell International Inc., Johnson Controls International Plc, Komstadt Systems Ltd., Konig Neurath AG, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Martela Oyj, Schneider Electric SE, Siemens AG, Signify NV, and Verizon Communications Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Smart Workplace Market Research Report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the market between 2023 and 2027
- Precise estimation of the market size and its contribution of the focus to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the market across Europe, North America, APAC, South America, and Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of market companies
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Component
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global smart workplace market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global smart workplace market 2017 - 2021 ($ billion)
- 4.2 Type Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)
- 4.3 Component Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Component Segment 2017 - 2021 ($ billion)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Type
- 6.1 Market segments
- Exhibit 30: Chart on Type - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
- 6.2 Comparison by Type
- Exhibit 32: Chart on Comparison by Type
- Exhibit 33: Data Table on Comparison by Type
- 6.3 New buildings - Market size and forecast 2022-2027
- Exhibit 34: Chart on New buildings - Market size and forecast 2022-2027 ($ billion)
- Exhibit 35: Data Table on New buildings - Market size and forecast 2022-2027 ($ billion)
- Exhibit 36: Chart on New buildings - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on New buildings - Year-over-year growth 2022-2027 (%)
- 6.4 Retrofitting - Market size and forecast 2022-2027
- Exhibit 38: Chart on Retrofitting - Market size and forecast 2022-2027 ($ billion)
- Exhibit 39: Data Table on Retrofitting - Market size and forecast 2022-2027 ($ billion)
- Exhibit 40: Chart on Retrofitting - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Retrofitting - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Type
- Exhibit 42: Market opportunity by Type ($ billion)
- Exhibit 43: Data Table on Market opportunity by Type ($ billion)
7 Market Segmentation by Component
- 7.1 Market segments
- Exhibit 44: Chart on Component - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Component - Market share 2022-2027 (%)
- 7.2 Comparison by Component
- Exhibit 46: Chart on Comparison by Component
- Exhibit 47: Data Table on Comparison by Component
- 7.3 Solution - Market size and forecast 2022-2027
- Exhibit 48: Chart on Solution - Market size and forecast 2022-2027 ($ billion)
- Exhibit 49: Data Table on Solution - Market size and forecast 2022-2027 ($ billion)
- Exhibit 50: Chart on Solution - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Solution - Year-over-year growth 2022-2027 (%)
- 7.4 Services - Market size and forecast 2022-2027
- Exhibit 52: Chart on Services - Market size and forecast 2022-2027 ($ billion)
- Exhibit 53: Data Table on Services - Market size and forecast 2022-2027 ($ billion)
- Exhibit 54: Chart on Services - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Services - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Component
- Exhibit 56: Market opportunity by Component ($ billion)
- Exhibit 57: Data Table on Market opportunity by Component ($ billion)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 Europe - Market size and forecast 2022-2027
- Exhibit 63: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 64: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
- Exhibit 65: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.4 North America - Market size and forecast 2022-2027
- Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ billion)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 Germany - Market size and forecast 2022-2027
- Exhibit 87: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 88: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
- Exhibit 89: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.10 Spain - Market size and forecast 2022-2027
- Exhibit 91: Chart on Spain - Market size and forecast 2022-2027 ($ billion)
- Exhibit 92: Data Table on Spain - Market size and forecast 2022-2027 ($ billion)
- Exhibit 93: Chart on Spain - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Spain - Year-over-year growth 2022-2027 (%)
- 9.11 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ billion)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.12 Japan - Market size and forecast 2022-2027
- Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
- Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ billion)
- Exhibit 104: Data Tables on Market opportunity by geography ($ billion)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 ABB Ltd.
- Exhibit 111: ABB Ltd. - Overview
- Exhibit 112: ABB Ltd. - Business segments
- Exhibit 113: ABB Ltd. - Key offerings
- Exhibit 114: ABB Ltd. - Segment focus
- 12.4 Avnet Inc.
- Exhibit 115: Avnet Inc. - Overview
- Exhibit 116: Avnet Inc. - Business segments
- Exhibit 117: Avnet Inc. - Key news
- Exhibit 118: Avnet Inc. - Key offerings
- Exhibit 119: Avnet Inc. - Segment focus
- 12.5 Cisco Systems Inc.
- Exhibit 120: Cisco Systems Inc. - Overview
- Exhibit 121: Cisco Systems Inc. - Business segments
- Exhibit 122: Cisco Systems Inc. - Key news
- Exhibit 123: Cisco Systems Inc. - Key offerings
- Exhibit 124: Cisco Systems Inc. - Segment focus
- 12.6 Coor Service Management Holding AB
- Exhibit 125: Coor Service Management Holding AB - Overview
- Exhibit 126: Coor Service Management Holding AB - Business segments
- Exhibit 127: Coor Service Management Holding AB - Key offerings
- Exhibit 128: Coor Service Management Holding AB - Segment focus
- 12.7 Crestron Electronics Inc.
- Exhibit 129: Crestron Electronics Inc. - Overview
- Exhibit 130: Crestron Electronics Inc. - Product / Service
- Exhibit 131: Crestron Electronics Inc. - Key offerings
- 12.8 DEKOM AG
- Exhibit 132: DEKOM AG - Overview
- Exhibit 133: DEKOM AG - Product / Service
- Exhibit 134: DEKOM AG - Key offerings
- 12.9 Develco Products AS
- Exhibit 135: Develco Products AS - Overview
- Exhibit 136: Develco Products AS - Product / Service
- Exhibit 137: Develco Products AS - Key offerings
- 12.10 Honeywell International Inc.
- Exhibit 138: Honeywell International Inc. - Overview
- Exhibit 139: Honeywell International Inc. - Business segments
- Exhibit 140: Honeywell International Inc. - Key news
- Exhibit 141: Honeywell International Inc. - Key offerings
- Exhibit 142: Honeywell International Inc. - Segment focus
- 12.11 Johnson Controls International Plc
- Exhibit 143: Johnson Controls International Plc - Overview
- Exhibit 144: Johnson Controls International Plc - Business segments
- Exhibit 145: Johnson Controls International Plc - Key news
- Exhibit 146: Johnson Controls International Plc - Key offerings
- Exhibit 147: Johnson Controls International Plc - Segment focus
- 12.12 Koninklijke Philips N.V.
- Exhibit 148: Koninklijke Philips N.V. - Overview
- Exhibit 149: Koninklijke Philips N.V. - Business segments
- Exhibit 150: Koninklijke Philips N.V. - Key news
- Exhibit 151: Koninklijke Philips N.V. - Key offerings
- Exhibit 152: Koninklijke Philips N.V. - Segment focus
- 12.13 Lutron Electronics Co. Inc.
- Exhibit 153: Lutron Electronics Co. Inc. - Overview
- Exhibit 154: Lutron Electronics Co. Inc. - Product / Service
- Exhibit 155: Lutron Electronics Co. Inc. - Key offerings
- 12.14 Martela Oyj
- Exhibit 156: Martela Oyj - Overview
- Exhibit 157: Martela Oyj - Product / Service
- Exhibit 158: Martela Oyj - Key offerings
- 12.15 Schneider Electric SE
- Exhibit 159: Schneider Electric SE - Overview
- Exhibit 160: Schneider Electric SE - Business segments
- Exhibit 161: Schneider Electric SE - Key news
- Exhibit 162: Schneider Electric SE - Key offerings
- Exhibit 163: Schneider Electric SE - Segment focus
- 12.16 Siemens AG
- Exhibit 164: Siemens AG - Overview
- Exhibit 165: Siemens AG - Business segments
- Exhibit 166: Siemens AG - Key news
- Exhibit 167: Siemens AG - Key offerings
- Exhibit 168: Siemens AG - Segment focus
- 12.17 Signify NV
- Exhibit 169: Signify NV - Overview
- Exhibit 170: Signify NV - Business segments
- Exhibit 171: Signify NV - Key news
- Exhibit 172: Signify NV - Key offerings
- Exhibit 173: Signify NV - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources
- 13.5 List of abbreviations
- Exhibit 180: List of abbreviations
- demand for infrastructure-as-a-service (IaaS): The ongoing migration from on-premise infrastructure to cloud-based services is having an impact on the revenues of original equipment manufacturers (OEMs) of servers, albeit the adverse impact on them is slightly milder than the effect on storage equipment. The emergence of IaaS has had a strong impact on the IT hardware market. The biggest advantage of IaaS is that it allows enterprises to scale operations or introduce innovations in the workflow without the need to make substantial investments in storage and servers for the traditional on-premise hardware environment. At the same time, cloud-focused infrastructure spending is expected to increase in terms of server, disk storage, and networking hardware.
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
smart workplace market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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