Smart Workplace Market size in terms of volume and value 2016-2026 FMI | Page 3

Report
Description
Report Description
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-today 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. The adoption
of smart technologies such as, smart lighting, better internet connectivity in the
workplace will also contribute to saving energy costs in the buildings. The key factors for
a smart workplace are enhancing the strategy & ownership, devices & mobility,
applications & cloud services, data & security, collaborative services and user care. The
global market for smart workplace will register a healthy CAGR over the forecast period.

Global Smart Workplace Market: Drivers & Restraints
The global smart workplace market is primarily driven by the need of energy savings at
the workplace, better productivity by using new technologies like tools for data storing
and communications, reduce cost, and make optimum use of resources available at
workplace.