Smart Office Market Industry Trends, Share, Size and Forecast

Anujakarande10 May, 2021Health

Smart Office Market is expected to value over USD 43.1 billion with a CAGR of over 12.7% during the forecast period 2020 to 2027. The smart office systems use automated sensors, systems and novel communication network and infrastructure, thereby resulting in the provision of wireless data transfer and centralized control for analyzing and monitoring data. Automated lighting and novel HVAC systems are deployed in commercial spaces for an efficient energy management, which is the primary reason for the rising demand for smart offices worldwide.