Smart Workplace Market Report From 2022 To 2029 Analysis Report
Smart Workplace Market Overview:
The report provides an analysis of the Smart Workplace market's present status and forecasts about its future performance. The thorough analysis of the Smart Workplace market reveals the essential components to help you make better business decisions. The analysis provides a thorough overview of the Smart Workplace market, highlighting prevalent trends. The main constraints, opportunities, and risks facing the market that is predicted to have an impact on its growth during the forecast period are being analyzed by MMR analysts (2022-2029).
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Scope of the Smart Workplace Market:
The latest report by Maximize Market Research on the Global Smart Workplace Market is conducted covering various organizations of the industry from different regions and countries to come up with a 200+ page report. The study is a perfect mixture of qualitative and quantitative information highlighting key Smart Workplace market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trends in the Global Smart Workplace Market. The objective is to provide an analysis of significant market players and determine how they affect the broader Smart Workplace market. The report aims to present the analysis of the Global Smart Workplace Market by Segmentation, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. Besides, the Smart Workplace market report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
Smart Workplace Market Segmentation:
By product, the smart lighting/lighting control segment dominated the market in 2021 and is projected to witness fast growth at CAGR of xx% during the forecast period. The growing adoption of indoor and outdoor smart lighting technology in various workplaces for efficient use of energy is attributed to the growth of the market. Integration of lighting solutions with smart appliances, the growing adoption of lighting control systems in offices, rising use energy efficient LED lights and increasing inclination towards energy-efficient lighting solutions are driving the growth of the market. Alternatively, the energy management system segment projected to witness fast growth at CAGR of xx% during the forecast period. The Energy management system provides business-related solutions to control energy use.
By communication technology, the wireless segment is projected to witness fast growth at CAGR of xx% during the forecast period. Increasing adoption of IoT based devices in offices and rising demand to control smart appliances such as smart lightings remotely is driving the growth of the market. Increasing trends and greater adoption of voice assistance kits such as Cortana, Alexa, Siri, and more to control smart lights whit the help of users’ voice is expected to improve the growth of the market during the forecast period. According to research, ~62% of organisations are expecting to have virtual voice assistants in their business processes in the coming years to automate simple admin tasks.
Smart Workplace Market Key Players:
• Schneider Electric SA
• Johnson Controls International PLC
• Honeywell International Inc
• ABB Ltd
• Cisco Systems, Inc
• United Technologies Corporation
• Lutron Electronics Co. Inc
• Enlighted, Inc
• FogHorn Systems
• IBM
• Siemens
• Atos
• Accenture
• Zensar
• Phillips Lighting Holding
• Infosys
• Crestron Electronics, Inc.
• Kronos Incorporated
• Reflexis Systems, Inc.
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