The global smart office solutions market size is estimated to grow by USD 3.96 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.65% during the forecast period. Increase in number of startups is driving market growth, with a trend towards integration of AI and machine learning algorithms into smart office solutions. However, high upfront costs associated with implementing smart office poses a challenge. Key market players include ABB Ltd., Avnet Inc., Cisco Systems Inc., Coor Service Management Holding AB, Crestron Electronics Inc., DEKOM AG, Develco Products AS, GoBright B V, Honeywell International Inc., Johnson Controls International Plc., Komstadt Systems Ltd., Konig Neurath AG, Koninklijke Philips N.V., Lutron Electronics Co. Inc., Schneider Electric SE, Senion AB, Siemens AG, Signify NV, Smart Office Software Solutions, and Tata Teleservices Ltd.
Global Smart Office Solutions Market to Grow by USD 3.96 Billion by 2028 – Technavio Study
Date:
Updated: [falahcoin_post_modified_date]
More like thisRelated
Revolutionary Small Business Exchange Network Connects Sellers and Buyers
Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.
District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US
District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.
Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US
Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.
Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US
Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.
