The smart workplace is an application powered by Internet of Things (IoT) domain. Unlike traditional workplaces, modern workplace focuses on better work environment while ensuring efficient and intelligent utilization of office spaces and resources.

The new buildings segment accounted for the maximum market share during 2017 and will continue to dominate the market until the end of 2023. One of the major factors responsible for the market segment?s growth is the increasing focus on attaining energy and operational efficiency that encourages organizations to invest more in the development of smart workplaces.

Market Analysis and Insights: Global Smart Workplace Market


The global Smart Workplace market size is projected to reach US$ 45370 million by 2027, from US$ 22020 million in 2020, at a CAGR of 10.4% during 2021-2027.

With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Workplace market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Workplace market in terms of revenue.

On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Workplace market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Workplace market.

Global Smart Workplace Scope and Market Size

Smart Workplace market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Smart Workplace market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type

  • Smart HVAC
  • Smart Lighting
  • Smart Security
  • Smart Thermostats
  • Smart Windows
  • Others

Segment by Application

  • New Buildings
  • Retrofitting

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Australia
  • Rest of Asia
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

By Company

  • Carrier
  • Daikin Industries
  • Ingersoll-Rand
  • Johnson Controls
  • LG Electronics
  • Acuity Brands
  • General Electric
  • Honeywell
  • Philips Lumileds
  • Schneider Electric
  • Axis Communications
  • Bosch Security Systems
  • NICE Systems
  • RavenWindow
  • Research Frontiers
  • SAGE Electrochromics

Table of content

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Smart Workplace Market Size Growth Rate by Type: 2016 VS 2021 VS 2027
1.2.2 Smart HVAC
1.2.3 Smart Lighting
1.2.4 Smart Security
1.2.5 Smart Thermostats
1.2.6 Smart Windows
1.2.7 Others
1.3 Market by Application
1.3.1 Global Smart Workplace Market Share by Application: 2016 VS 2021 VS 2027
1.3.2 New Buildings
1.3.3 Retrofitting
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global Smart Workplace Market Perspective (2016-2027)
2.2 Smart Workplace Growth Trends by Regions
2.2.1 Smart Workplace Market Size by Regions: 2016 VS 2021 VS 2027
2.2.2 Smart Workplace Historic Market Share by Regions (2016-2021)
2.2.3 Smart Workplace Forecasted Market Size by Regions (2022-2027)
2.3 Smart Workplace Industry Dynamic
2.3.1 Smart Workplace Market Trends
2.3.2 Smart Workplace Market Drivers
2.3.3 Smart Workplace Market Challenges
2.3.4 Smart Workplace Market Restraints

3 Competition Landscape by Key Players
3.1 Global Top Smart Workplace Players by Revenue
3.1.1 Global Top Smart Workplace Players by Revenue (2016-2021)
3.1.2 Global Smart Workplace Revenue Market Share by Players (2016-2021)
3.2 Global Smart Workplace Market Share by Company Type (Tier 1, Tier 2 and Tier 3

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