Global Smart and Connected Offices (Smart Lighting, Security Systems, HVAC Control) Market - Forecast to 2020

Dublin, Dec. 1, 2014 (GLOBE NEWSWIRE) -- Research and Markets ( has announced the addition of the "Smart and Connected Offices Market by Product, by Building Type, and Geography - Global Forecast to 2020" report to their offering.

The smart and connected office is a concept where network based devices is used for all the work in the company offices. This concept enables employees to undertake routine office tasks more efficiently and effectively due to reduction in power consumption and increased coordination between the different functions in the organization. Smart office products help in promoting efficient use of available resources and also ensure sustainability through use of ecofriendly processes. The global smart and connected office market is primarily driven by the increasing need of low cost and environment friendly operations in the offices.

In the report, an in-depth market analysis has been drawn to craft a vision for smart offices products and their potential benefits for utilities and their stakeholders. With growing advancements in building automation and technologies, the future of smart office systems is expected to grow which will also provide a high quality assurance across various building automation systems.

Smart and connected offices market report presents a value chain in smart office technology which starts with various products such as security and access control systems, smart lighting systems, smart HVAC systems, energy management systems and so on. Smart and connected offices market report also aims to capture the industry roadmap with regards to the market size in terms of value market dynamics, verticals, technology and product trends, and geographic analysis.

The report is segmented into product, building typeand geography; each of these segments is further divided into sub-segments.The total market size of the smart and connected offices market is expected to reach $43.31 billion by 2020 at an estimated CAGR of 10.70% from 2014 to 2020.

Some of the major players in the smart offices market are Siemens AG (Germany), Johnson Controls Inc. (U.S.), Cisco Systems, Inc. (U.S.), Honeywell International, Inc. (U.S.), ABB Ltd. (U.S.), Crestron Electronics (U.S.), Schneider Electric SA (France), and Koninklijke Philips N.V. (The Netherlands) among others.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Cover Story

5 Premium Insights

6 Market Overview

7 Industry Trends

8 Market, By Communication Protocols

9 Market, By Building Types

10 Market By Product

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

14 Appendix

Companies Mentioned:

  • ABB Ltd.
  • CISCO Systems, Inc.
  • Crestron Electronics Inc.
  • Honeywell International
  • Johnson Controls Inc.
  • Koninklijke Philips N.V.
  • Lutron Electronics Co. Inc.
  • Schneider Electric SA
  • Siemens AG
  • United Technologies Corporation

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Source:Research and Markets