The COVID-19 pandemic disruption is estimated to transform the connected workplace market in the years to come drastically, and its after-effects will be persistently seen in the years ahead. The MRFR report on the connected workplace market meticulously tracks the COVID-19 pandemic effect for the years ahead. Moreover, the precise analysis of drivers and restraints in a post-COVID-19 market offers a coherent understanding of future growth cues.
The global connected workplace market is expected to reach from USD ~14 Billion in 2016 to USD ~31 Billion by 2027, according to MRFR. It can exhibit % 11CAGR over the forecast period. Connected Workplace connects all employees to their colleagues and interlinking all tasks by effectively using cloud based applications or mobile devices. This is also supports big data analytics in organization which increases the productivity, customer interaction, thereby generating huge revenue for the firm. The growth drivers for this market include widespread availability of interactive service in the organization which helps in providing information to all the stakeholders of organization, by utilization of tablets, smartphones and laptops and flexible working spaces which help in attracting new talent for the organization. A major challenge in connected workplace is protecting the intellectual property of an organization as the information can be assessed worldwide.
Connected workplace facilitates an organization with free seating and open space arrangement which help a business in easily adopting the changing business needs. Connected workplace leverages technology which satisfies the employees of the organization, leading to high productivity and helps in maintaining quality standards. This also allows an organization to efficiently utilize their workplace investments.
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Siemens AG (Germany), Koninklijke Philips N.V. (The Netherlands), ABB Ltd. (U.S.), Deloitte Pvt. Co. (U.S.), Schneider Electric SA (France), Cisco Systems, Inc. (U.S.), Crestron Electronics, Inc. (U.S.), Honeywell International, Inc. (U.S.), Johnson Controls Inc. (U.S.), and United Technologies Corporation (U.S.) among others.. are key players of the global connected workplace Market.
• On the basis of type, the global connected workplace market can be segmented into telecommuting, virtual team, and hot desk among others.
• Connected workplace can be deployed by using on-premise, on-cloud and hybrid technology methods.
• The applications of connected workplace can be monitoring, building automation, energy management system, mobile device management and others.
Market Research Future Analysis shows that North America is expected to dominate the global connected workplace market owing to presence of many large companies like Deloitte Pvt. Co, Crestron Electronics, United Technologies Corporation, Honeywell International, Inc. and others in the region. The increase in number of OEM operators in North America region would also contribute to the market growth. APAC region is also expected to record a huge growth rate in the forecast period due to rapid industrialization in developing economies like India, and China and is expected to fuel the connected workplace market in the upcoming future.
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Table of Contents:
1 Market Introduction
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.4 Market Opportunities
3.5 Market Restraints
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