Smart and Connected offices Market

Date: 2/23/2015

Smart and Connected Offices Market Is Estimated To Reach $43.31 Billion By 2020, At A CAGR Of 10.70% From 2014 To 2020

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  • Publishing Date: October 2014
  • Report Code: SE 2810

Smart and Connected Offices Smart and connected office is a concept where network based devices is used for all the work in the company offices. This concept enables employees to undertake routine office tasks more efficiently and effectively due to reduction in power consumption and increased coordination between the different functions in the organization. Smart office products help in promoting efficient use of available resources and also ensure sustainability through use of ecofriendly processes. The global smart and connected office market is primarily driven by the increasing need of low cost and environment friendly operations in the offices.

Smart and Connected offices Market is estimated to reach $43.31 billion by 2020, at a CAGR of 10.70% from 2014 to 2020. The Americas is the major market for smart office systems; however, Asia-Pacific is expected to grow at the highest CAGR of 12.32% from 2014 to 2020.The verticals market for the smart office systems can be divided into retrofit and new building type markets. The product segment for smart offices market includes smart lighting systems, security and access control systems, energy management systems, smart HVAC control systems, audio-video conferencing systems, fire and safety control systems, and others.

The major players in the smart offices market are Siemens AG (Germany), Johnson Controls Inc. (U.S.), Koninklijke Philips N.V. (The Netherlands), Cisco Systems Inc. (U.S.), ABB Ltd. (Switzerland), Schneider Electric S.A. (France), Honeywell International, United Technologies Corporation (U.S.), Cestron Electronics Inc.(U.S.) and Lutron Electronics Co. Inc. (U.S.) among others.



AIS “Internet of Things” Digital Asset Management Systems Enable Advanced Intelligence and Connectivity to Smart Building Automation Control Systems

PoE Touch Panels As the world of enterprise asset management becomes increasingly digital and driven by the need for ubiquitous connectivity with inexpensive processing solutions, AIS digital asset management system solutions have the ability to use the internet to facilitate and expand communication between electronic devices. AIS PoE HMI panels enhance communication, automate complex and/or tedious processes and provide valuable data to improve productivity and reduce operational costs. AIS HMI building management panels and PoE HMI panels are ideal for a wide range of building control system applications including: HVAC control, access control, room reservation, room scheduling, interactive security systems, interactive patient room information displays; as well as interactive scheduling systems in hotels, schools, hospitals and government buildings and complexes. Learn More >

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