(IT-NEWSWIRE.COM, July 10, 2018 ) The "Global Smart Office Market Analysis to 2025" is a specialized and in-depth study of the smart office industry with a focus on the global market trend. The report aims to provide an overview of global smart office market with detailed market segmentation by type, components and geography. The global smart office market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
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A smart office is any structure that uses automated processes to automatically control the building's operations including heating, ventilation, air conditioning, lighting, security and other systems. Organizations are constantly evolving due to changing workforce demographics and technological expectations of modern employees and employers. As a result, a large number of organizations across the globe are anticipated to shift toward smart offices.
Increasing need for incorporating security devices, such as cameras and electronic locks, in offices has opened doors for numerous growth opportunities in the market. The growth of the market is driven by various factors, such as increase in demand for smart office solutions and sensor networks for energy efficiency, advancement of IoT in smart office offerings, growing need for safety and security systems at the workplace, and favorable government regulations in several countries. However, high cost of renovation is a restraint for smart office market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Smart Office market based on type and components. It also provides market size and forecast till 2025 for overall Smart Office market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key Smart Office market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are ABB Ltd., Cisco Systems Inc., Honeywell International, Johnson Controls, Lutron Electronics Co. Inc., Siemens, Schneider Electric, United Technologies Corporation, Crestron Electronics Inc. and Philips Lighting among others.
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