Market Research Future (MRFR) studies the global smart home and office market was valued at USD 37.11 billion in 2018 and is expected to reach USD 92.18 billion by 2025 with a CAGR of 14.01% from 2018 to 2025 (forecast period).
The report offers a holistic and reliable analysis of the effect of the COVID-19 pandemic on the global smart home and office market.
The smart office is a workplace that leverages technology to automate routine tasks and helps to optimize work.
Key Players ABB Group(South Korea), Siemens AG(Germany), Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Lutron Electronics Co., Inc. (US), Eaton Corporation PLC (Ireland), United Technologies Corporation (US), Johnson Controls International PLC (Ireland), Legrand SA (France), Assa Abloy Group (Sweden), MDT Technologies GmbH (Germany), Gira Giersiepen GmbH & Co. KG (Germany), Ingersoll-Rand PLC (Ireland), ADT (US), Crestron Electronics, Inc. (US), Hager Group (Germany), Schneider Electric SE (France), Honeywell International Inc. (US), and Robert Bosch GmbH (Germany) among others.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8670 Market Segmentation The global smart home and office market has been segmented into products, standards, and applications.
By product, the global smart home and office market has been classified as lighting controls (relays, switches, sensors, dimmers, and others), access controls (smart locks, biometric readers, smart card readers, and others), surveillance products (storage, security cameras, and monitoring devices, and others), HVAC controls (sensors, smart thermostat, control valves, smart vents, actuators, dampers, and others), and other products (smart smoke detectors, smart meters, and others).
As per Market Research Future (MRFR), the global smart home and office market was valued at USD 37.11 billion in 2018 and is expected to reach USD 92.18 billion by 2025 with a CAGR of 14.01% from 2018 to 2025 (forecast period).
The report offers a holistic and reliable analysis of the effect of the COVID-19 pandemic on the global smart home and office market.Smart homes are fitted with Internet-connected devices to control, automate, and optimize functions like temperature, lighting, entertainment, and security.
These devices can be remotely controlled, monitored, and accessed through a phone, a computer, a tablet, or a separate system.
The smart office is a workplace that leverages technology to automate routine tasks and helps to optimize work.
It uses advanced automated systems for a range of purposes, such as lighting, temperature control, hot desk, smart room booking, indoor navigation, security, and access control systems.Market DynamicsThe growing need for energy-efficient buildings, growing concerns about safety, security and public convenience, and increasing ownership of internet-enabled smart devices are anticipated to push the smart home and office market during the forecast period.
Furthermore, integration with 5G technology and favorable government regulations on green building initiatives are expected to serve as opportunities for the global smart home and office industry during the forecast period.Key PlayersNotable players in the global smart home and office market are ABB Group(South Korea), Siemens AG(Germany), Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Lutron Electronics Co., Inc. (US), Eaton Corporation PLC (Ireland), United Technologies Corporation (US), Johnson Controls International PLC (Ireland), Legrand SA (France), Assa Abloy Group (Sweden), MDT Technologies GmbH (Germany), Gira Giersiepen GmbH & Co. KG (Germany), Ingersoll-Rand PLC (Ireland), ADT (US), Crestron Electronics, Inc. (US), Hager Group (Germany), Schneider Electric SE (France), Honeywell International Inc. (US), and Robert Bosch GmbH (Germany) among others.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8670Market Segmentation The global smart home and office market has been segmented into products, standards, and applications.
The global smart home and office market is getting traction from factors like the rising demand for comfort, energy-efficient systems, the inclusion of advanced technologies, hike in disposable income, security concerns, convenience, incorporation of 5G technologies, government support, and others.
Market Research Future (MRFR) revealed that the smart home and office market could record a rise by 11.5% CAGR during the forecast period of 2019 to 2025 to scale valuation of USD 92.18 billion.
Segmentation:The global report on the smart home and office market includes a discussion on segments like product, standard, and end user.
The lighting controls segment can be discussed on the basis of sensors, dimmers, relays, switches, and others.
By standard, the global market includes a study of KNX, Z-Wave, Enocean, Bacnet, Dali, Infrared, Zigbee, and Wi-Fi.
The Wi-fi segment is getting substantial traction as several operators are relying on this to increase their market reach.By end user, the report on the global market studies segments likes smart home and smart office.
The global smart home and office market is getting traction from factors like the rising demand for comfort, energy-efficient systems, the inclusion of advanced technologies, hike in disposable income, security concerns, convenience, incorporation of 5G technologies, government support, and others.
Market Research Future (MRFR) revealed that the smart home and office market could record a rise by 11.5% CAGR during the forecast period of 2019 to 2025 to scale valuation of USD 92.18 billion.
Segmentation:The global report on the smart home and office market includes a discussion on segments like product, standard, and end user.
The lighting controls segment can be discussed on the basis of sensors, dimmers, relays, switches, and others.
By standard, the global market includes a study of KNX, Z-Wave, Enocean, Bacnet, Dali, Infrared, Zigbee, and Wi-Fi.
Both are sub-segmented on the basis of renovations and new constructions.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8670 Regional Analysis:Investment capacity and structural support would help North America retain its dominating position.
As per Market Research Future (MRFR), the global smart home and office market was valued at USD 37.11 billion in 2018 and is expected to reach USD 92.18 billion by 2025 with a CAGR of 14.01% from 2018 to 2025 (forecast period).
The report offers a holistic and reliable analysis of the effect of the COVID-19 pandemic on the global smart home and office market.Smart homes are fitted with Internet-connected devices to control, automate, and optimize functions like temperature, lighting, entertainment, and security.
These devices can be remotely controlled, monitored, and accessed through a phone, a computer, a tablet, or a separate system.
The smart office is a workplace that leverages technology to automate routine tasks and helps to optimize work.
It uses advanced automated systems for a range of purposes, such as lighting, temperature control, hot desk, smart room booking, indoor navigation, security, and access control systems.Market DynamicsThe growing need for energy-efficient buildings, growing concerns about safety, security and public convenience, and increasing ownership of internet-enabled smart devices are anticipated to push the smart home and office market during the forecast period.
Furthermore, integration with 5G technology and favorable government regulations on green building initiatives are expected to serve as opportunities for the global smart home and office industry during the forecast period.Key PlayersNotable players in the global smart home and office market are ABB Group(South Korea), Siemens AG(Germany), Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Lutron Electronics Co., Inc. (US), Eaton Corporation PLC (Ireland), United Technologies Corporation (US), Johnson Controls International PLC (Ireland), Legrand SA (France), Assa Abloy Group (Sweden), MDT Technologies GmbH (Germany), Gira Giersiepen GmbH & Co. KG (Germany), Ingersoll-Rand PLC (Ireland), ADT (US), Crestron Electronics, Inc. (US), Hager Group (Germany), Schneider Electric SE (France), Honeywell International Inc. (US), and Robert Bosch GmbH (Germany) among others.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8670Market Segmentation The global smart home and office market has been segmented into products, standards, and applications.
Market Research Future (MRFR) studies the global smart home and office market was valued at USD 37.11 billion in 2018 and is expected to reach USD 92.18 billion by 2025 with a CAGR of 14.01% from 2018 to 2025 (forecast period).
The report offers a holistic and reliable analysis of the effect of the COVID-19 pandemic on the global smart home and office market.
The smart office is a workplace that leverages technology to automate routine tasks and helps to optimize work.
Key Players ABB Group(South Korea), Siemens AG(Germany), Sony Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Lutron Electronics Co., Inc. (US), Eaton Corporation PLC (Ireland), United Technologies Corporation (US), Johnson Controls International PLC (Ireland), Legrand SA (France), Assa Abloy Group (Sweden), MDT Technologies GmbH (Germany), Gira Giersiepen GmbH & Co. KG (Germany), Ingersoll-Rand PLC (Ireland), ADT (US), Crestron Electronics, Inc. (US), Hager Group (Germany), Schneider Electric SE (France), Honeywell International Inc. (US), and Robert Bosch GmbH (Germany) among others.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8670 Market Segmentation The global smart home and office market has been segmented into products, standards, and applications.
By product, the global smart home and office market has been classified as lighting controls (relays, switches, sensors, dimmers, and others), access controls (smart locks, biometric readers, smart card readers, and others), surveillance products (storage, security cameras, and monitoring devices, and others), HVAC controls (sensors, smart thermostat, control valves, smart vents, actuators, dampers, and others), and other products (smart smoke detectors, smart meters, and others).
The global smart home and office market is getting traction from factors like the rising demand for comfort, energy-efficient systems, the inclusion of advanced technologies, hike in disposable income, security concerns, convenience, incorporation of 5G technologies, government support, and others.
Market Research Future (MRFR) revealed that the smart home and office market could record a rise by 11.5% CAGR during the forecast period of 2019 to 2025 to scale valuation of USD 92.18 billion.
Segmentation:The global report on the smart home and office market includes a discussion on segments like product, standard, and end user.
The lighting controls segment can be discussed on the basis of sensors, dimmers, relays, switches, and others.
By standard, the global market includes a study of KNX, Z-Wave, Enocean, Bacnet, Dali, Infrared, Zigbee, and Wi-Fi.
The Wi-fi segment is getting substantial traction as several operators are relying on this to increase their market reach.By end user, the report on the global market studies segments likes smart home and smart office.
The global smart home and office market is getting traction from factors like the rising demand for comfort, energy-efficient systems, the inclusion of advanced technologies, hike in disposable income, security concerns, convenience, incorporation of 5G technologies, government support, and others.
Market Research Future (MRFR) revealed that the smart home and office market could record a rise by 11.5% CAGR during the forecast period of 2019 to 2025 to scale valuation of USD 92.18 billion.
Segmentation:The global report on the smart home and office market includes a discussion on segments like product, standard, and end user.
The lighting controls segment can be discussed on the basis of sensors, dimmers, relays, switches, and others.
By standard, the global market includes a study of KNX, Z-Wave, Enocean, Bacnet, Dali, Infrared, Zigbee, and Wi-Fi.
Both are sub-segmented on the basis of renovations and new constructions.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8670 Regional Analysis:Investment capacity and structural support would help North America retain its dominating position.