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Smart Workplace Market

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Global <strong>Smart</strong><br />

<strong>Workplace</strong> <strong>Market</strong><br />

Share, Global Trends,<br />

Analysis, Research, Report,<br />

Opportunities,<br />

Segmentation and Forecast,<br />

2016<br />

Future <strong>Market</strong> Insights<br />

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Report Description<br />

<strong>Smart</strong> workplace is a workspace, which exploits the use of technology and networking for<br />

all the works in the offices. <strong>Smart</strong> workplace enables the employees to do their day-today<br />

works more efficiently with smart devices, better global collaboration. The early<br />

traditional work places included so much complications and wastage of resources. With<br />

the introduction of new technologies and gadgets like laptops, tablets, LED monitors and<br />

better internet connectivity has changed the face of traditional workplace by eliminating<br />

the bulky monitors and paper works making better utilization of space in the<br />

organizations. With the trends of flexible working hours and work from home concepts,<br />

the employs do not have to commute from far places to workplace; instead, they can<br />

work more efficiently from home saving time and increasing productivity. The adoption<br />

of smart technologies such as, smart lighting, better internet connectivity in the<br />

workplace will also contribute to saving energy costs in the buildings. The key factors for<br />

a smart workplace are enhancing the strategy & ownership, devices & mobility,<br />

applications & cloud services, data & security, collaborative services and user care. The<br />

global market for smart workplace will register a healthy CAGR over the forecast period.<br />

Global <strong>Smart</strong> <strong>Workplace</strong> <strong>Market</strong>: Drivers & Restraints<br />

The global smart workplace market is primarily driven by the need of energy savings at<br />

the workplace, better productivity by using new technologies like tools for data storing<br />

and communications, reduce cost, and make optimum use of resources available at<br />

workplace.


Report Description<br />

The increasing demand for flexibility in working is another factor, which is driving the<br />

market for global workplace globally as it saves time of the employees commuting from<br />

home to workplace and can utilize that time working from home. The need for more<br />

sustainable workplaces is also driving the market for smart workplaces. For example,<br />

Hewlett-Packard consolidated its two working places into a single location, which<br />

resulted in considerable reduction in amount of carbon dioxide emissions hence causing<br />

less harness to the environment.<br />

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Global <strong>Smart</strong> <strong>Workplace</strong> <strong>Market</strong>: <strong>Market</strong> Segmentation<br />

Based on smart technologies, the global smart workplace market can be segmented into:<br />

<strong>Smart</strong> Lighting Systems<br />

Laptops<br />

Tablets<br />

Energy Saving Systems<br />

Security Systems<br />

Communication systems


Report Description<br />

<strong>Smart</strong> buildings<br />

Other Buildings<br />

Global <strong>Smart</strong> <strong>Workplace</strong> <strong>Market</strong>: Regional Outlook<br />

Based on the geographic regions, global smart workplace market is segmented into seven<br />

key market segments namely North America, Latin America, Western Europe, Eastern<br />

Europe, Asia Pacific, Japan, and Middle East & Africa. Among the aforementioned<br />

regions, North America market for smart workplace currently holds the largest market<br />

share with adoption of new technologies and regulations for sustainable workplace in the<br />

region. Asia-Pacific market for smart workplace is followed by the North American<br />

market, and it is expected that the Asia-Pacific market for smart workplace will account<br />

for largest market share by the end of forecast period. The adaptability of smart work<br />

place in the other regions such as Latin America, Middle East Africa is comparatively slow<br />

as compared to other regions. However, these regions will show moderate growth rates<br />

over the forecast period.<br />

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Report Description<br />

Global <strong>Smart</strong> <strong>Workplace</strong> <strong>Market</strong>: Key Players<br />

Some of the major players identified in the global automotive seating systems market<br />

includes, Johnson Controls Inc., Cisco Systems Inc., Siemens AG, Schneider Electric S.A.,<br />

and ABB Ltd. among others.


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