Smart Workplace Market Anticipated to Reach USD 46.11 Billion by 2027 – Led by Siemens AG, Schneider Electric, Johnson Controls International, Honeywell International, ABB, and Cisco Systems

Artificial Intelligence, Big data, Gadgets, Hardware, Information Technology, IoT, Management System, Press Release, Services, Software

The Smart Workplace market was valued at USD 22.21 Billion in 2018 and is expected to reach USD 46.11 Billion by 2027, at a CAGR of +13% between 2018 and 2027.

Smart workplace is a workspace, which exploits the use of technology and networking for all the works in the offices. Smart workplace enables the employees to do their day-to-day works more efficiently with smart devices, better global collaboration. The early traditional work places included so much complications and wastage of resources. With the introduction of new technologies and gadgets like laptops, tablets, LED monitors and better internet connectivity has changed the face of traditional workplace by eliminating the bulky monitors and paper works making better utilization of space in the organizations.

With the trends of flexible working hours and work from home concepts, the employs do not have to commute from far places to workplace; instead, they can work more efficiently from home saving time and increasing productivity.

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Top Key Players:

Siemens AG (Germany), Schneider Electric SA (France), Johnson Controls International PLC (Ireland), Honeywell International Inc. (U.S.), ABB Ltd. (Switzerland), Cisco Systems, Inc. (U.S.), United Technologies Corporation (U.S.), Lutron Electronics Co. Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Philips Lighting Holding B.V. (Netherlands) among others.

Regionally, the report looks into the performance of the deaf aid market in North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Detailed projections regarding the pricing structure and profit margins in the industry in each region are provided in the report. Figures illustrating the performance of the Smart Workplace market and predictions regarding the performance of the market over the forecast period are also provided in the report.

It offers detailed analyses of the global market condition. It offers strategic planning methodologies, spotting emerging latest market trends, Provides assistance to stay ahead in the global competition. The report offers an estimation of global market size and cost.  Stronger and stable business outlook coupled with the driving factors of the global Smart Workplace market. Enhance the decision-making process by understanding different strategies with respect to market segments and business verticals.

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As analytics have become an inherent part of every business activity and role, form a central role in the decision-making process of companies these days is mentioned in this report. In the next few years, the demand for the market is expected to substantially rise globally, enabling healthy growth of the global Smart Workplace market is also detailed in the report. As businesses gain more confidence about the reliability of data-driven decisions undertaken by technology in real-time, self-service business analytics solutions will gain more prominence in the global market in the next few years.

In This Study, The Years Considered To Estimate The Size Of Smart Workplace Market Are As Follows:

  • History Year: 2015-2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2027

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