Global smart office furniture market expected to propel due to the surge in demand for the connectivity technologies based-office furniture for helping employees' and improvement in organizations productivity
The global smart office furniture market expected to grow over a CAGR of 18.37% during the forecast period, 2020-2027. The growth can be attributed to the growing demand for the sensors embedded smart office furniture to analyze the activity log of employees by assessing and evaluating the active and inactive working hours of employees. Additionally, the growing applications of smart office furniture for helping health issues of employees at workstations such as capture the number of calories burnt and notify them with a sedentary alert in case the user sits for prolonged sitting hours without any physical activity. These factors projected to drive the growth of the global smart office furniture market size in the analysis period. Further, the shifting trend of consumers towards the adoption of furniture, which is interconnected to IoT, will foster the growth of the market.
The smart office furniture will continue to be closely integrated with various industries so that it will build intelligent, comfortable, and efficient office and home space for hundreds of millions of homes or offices. The increasing trend for the home office and work from home concept, demand for desktop chairs, and tables will increase in the years to come. These factors will drive demand smart office furniture in the forecast span. Furthermore, the growing adoption of connected technology such as wireless charging of smartphones, mirror display of time, date & news, sensors, WI-Fi, and IoT in office furniture for wireless tracking of office equipment will augment the growth of the market in the estimated period. Additionally, the surge in the number of start-ups companies across the developing nations will influence the demand of the smart office furniture industry.
Product Type Overview in the Global Smart Office Furniture Market
Based on product type, the global smart office furniture market classified into smart tables, smart chairs, smart desks, smart filling & storage, smart office & lighting, and accessories. The smart chair will be the fastest-growing segment in the forecast period. It is attributable to the smart chair help in improved employee's health, better work productivity along with technically equipped to control equipment to turn on the office switch, air conditioner, computer. Distribution Channel Overview in the Global Smart Office Furniture market
Based on Distribution Channel, the global smart office furniture market segregated into Offline Channel and Online Channel. The Online Channel will generate for the global smart office furniture market the highest revenue by 2027. It is due to the rise in the disposable incomes, increase in the number of smartphone users across the globe coupled with the growing opportunity for furniture retailers to sell through the online channel by improving purchase processes in terms of security and reliability, and payment gateway.
Regional Overview in the Global Smart Office Furniture Market
By geography, the global smart office furniture market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounted for maximum revenue share in 2019, owing to the presence of keys players in these regions, the rise in prices of commercial spaces, along with the huge surge in the start-ups in these regions will demand smart office furniture in the next few years.
Global Smart Office Furniture Market: Competitive Landscape
Companies such as Berco Designs, Haworth Inc., Herman Miller, Inc., Inter IKEA Group, KI, Kimball International Inc., Kinnarps AB, KOKUYO Co. Ltd., Modoola LLP, and Tabula Sense, are the key players in the global smart office furniture market.
Global Smart Office Furniture Market Report Content 1. Research Strategic Development 1.1. Market Modelling 1.2. Product Analysis 1.3. Market Trend and Economic Factors Analysis 1.4. Market Segmental Analysis 1.5. Geographical Mapping 1.6. Country Wise Segregation 2. Research Methodology 2.1. Identification of Target Market 2.2. Data Acquisition 2.3. Refining of Data/ Data Transformations 2.4. Data Validation through Primary Techniques 2.5. Exploratory Data Analysis 2.6. Graphical Techniques/Analysis 2.7. Quantitative Techniques/Analysis 2.8. Visual Result/Presentation 3. Executive Summary 4. Market Insights 4.1. Supply Chain Analysis 4.2. Economic Factor Analysis 4.2.1. Drivers 4.2.2. Trends 4.2.3. Opportunities 4.2.4. Challenges 4.3. Technological Landscape 4.4. Competitors & Product Analysis 4.5. Regulatory Framework 4.6. Company market share analysis, 2019 4.7. Porter's Five forces analysis 4.8. New Investment Analysis 4.9. PESTEL Analysis 5. Global Smart Office Furniture Market Overview 5.1. Market Size & Forecast, 2016-2027 5.1.1. Demand 5.1.1.1. By Value (USD Million) 5.1.2. Consumption 5.1.2.1. By Volume (Thousands Unit) 5.2. Market Share & Forecast, 2016-2027 5.2.1. By Product Type 5.2.1.1. Smart Tables 5.2.1.2. Smart Seating 5.2.1.3. Smart Desks 5.2.1.4. Smart Filling & Storage 5.2.1.5. Smart Office & Lighting 5.2.1.6. Accessories 5.2.2. By Distribution Channel 5.2.2.1. Offline Channel 5.2.2.2. Online Channel 5.2.3. By Region 5.2.3.1. North America 5.2.3.2. Europe 5.2.3.3. Asia Pacific 5.2.3.4. South America 5.2.3.5. Middle East & Africa 6. North America Smart Office Furniture Market Overview 6.1. North America Smart Office Furniture Market Size & Forecast, 2016-2027 6.1.1. Demand 6.1.1.1. By Value (USD Million) 6.1.2. Consumption 6.1.2.1. By Volume (Thousands Unit) 6.2. North America Smart Office Furniture Market Share & Forecast, 2016-2027 6.2.1. By Product Type 6.2.1.1. Smart Tables 6.2.1.2. Smart Seating 6.2.1.3. Smart Desks 6.2.1.4. Smart Filling & Storage 6.2.1.5. Smart Office & Lighting 6.2.1.6. Accessories 6.2.2. By Distribution Channel 6.2.2.1. Offline Channel 6.2.2.2. Online Channel 6.2.3. By Country 6.2.3.1. US 6.2.3.2. Canada 6.2.3.3. Mexico 6.2.4. Price-Point Analysis 6.2.5. Manufacturer & Distributor List (Top 5) 6.2.6. Company Market Share (Top 3-5) 6.2.7. Economic Impact Study on North America Smart Office Furniture Market 7. Europe Smart Office Furniture Market Overview 7.1. Europe Smart Office Furniture Market Size & Forecast, 2016-2027 7.1.1. Demand 7.1.1.1. By Value (USD Million) 7.1.2. Consumption 7.1.2.1. By Volume (Thousands Unit) 7.2. Europe Smart Office Furniture Market Share & Forecast, 2016-2027 7.2.1. By Product Type 7.2.1.1. Smart Tables 7.2.1.2. Smart Seating 7.2.1.3. Smart Desks 7.2.1.4. Smart Filling & Storage 7.2.1.5. Smart Office & Lighting 7.2.1.6. Accessories 7.2.2. By Distribution Channel 7.2.2.1. Offline Channel 7.2.2.2. Online Channel 7.2.3. By Country 7.2.3.1. Germany 7.2.3.2. UK 7.2.3.3. France 7.2.3.4. Italy 7.2.3.5. Rest of Europe 7.2.4. Price-Point Analysis 7.2.5. Manufacturer & Distributor List (Top 5) 7.2.6. Company Market Share (Top 3-5) 7.2.7. Economic Impact Study on Europe Smart Office Furniture Market 8. Asia Pacific Smart Office Furniture Market Overview 8.1. Asia Pacific Smart Office Furniture Market Size & Forecast, 2016-2027 8.1.1. Demand 8.1.1.1. By Value (USD Million) 8.1.2. Consumption 8.1.2.1. By Volume (Thousands Unit) 8.2. Asia Pacific Smart Office Furniture Market Share & Forecast, 2016-2027 8.2.1. By Product Type 8.2.1.1. Smart Tables 8.2.1.2. Smart Seating 8.2.1.3. Smart Desks 8.2.1.4. Smart Filling & Storage 8.2.1.5. Smart Office & Lighting 8.2.1.6. Accessories 8.2.2. By Distribution Channel 8.2.2.1. Offline Channel 8.2.2.2. Online Channel 8.2.3. By Country 8.2.3.1. China 8.2.3.2. India 8.2.3.3. Japan 8.2.3.4. Australia 8.2.3.5. Rest of Asia Pacific 8.2.4. Price-Point Analysis 8.2.5. Manufacturer & Distributor List (Top 5) 8.2.6. Company Market Share (Top 3-5) 8.2.7. Economic Impact Study on Asia Pacific Smart Office Furniture Market 9. South America Smart Office Furniture Market Overview 9.1. South America Smart Office Furniture Market Size & Forecast, 2016-2027 9.1.1. Demand 9.1.1.1. By Value (USD Million) 9.1.2. Consumption 9.1.2.1. By Volume (Thousands Unit) 9.2. South America Smart Office Furniture Market Share & Forecast, 2016-2027 9.2.1. By Product Type 9.2.1.1. Smart Tables 9.2.1.2. Smart Seating 9.2.1.3. Smart Desks 9.2.1.4. Smart Filling & Storage 9.2.1.5. Smart Office & Lighting 9.2.1.6. Accessories 9.2.2. By Distribution Channel 9.2.2.1. Offline Channel 9.2.2.2. Online Channel 9.2.3. By Country 9.2.3.1. Brazil 9.2.3.2. Argentina 9.2.3.3. Rest of South America 9.2.4. Price-Point Analysis 9.2.5. Manufacturer & Distributor List (Top 5) 9.2.6. Company Market Share (Top 3-5) 9.2.7. Economic Impact Study on South America Smart Office Furniture Market 10. Middle East & Africa Smart Office Furniture Market Overview 10.1. Middle East & Africa Smart Office Furniture Market Size & Forecast, 2016-2027 10.1.1. Demand 10.1.1.1. By Value (USD Million) 10.1.2. Consumption 10.1.2.1. By Volume (Thousands Unit) 10.2. Middle East & Africa Smart Office Furniture Market Share & Forecast, 2016-2027 10.2.1. By Product Type 10.2.1.1. Smart Tables 10.2.1.2. Smart Seating 10.2.1.3. Smart Desks 10.2.1.4. Smart Filling & Storage 10.2.1.5. Smart Office & Lighting 10.2.1.6. Accessories 10.2.2. By Distribution Channel 10.2.2.1. Offline Channel 10.2.2.2. Online Channel 10.2.3. By Country 10.2.3.1. Saudi Arabia 10.2.3.2. UAE 10.2.3.3. South Africa 10.2.3.4. Rest of Middle East & Africa 10.2.4. Price-Point Analysis 10.2.5. Manufacturer & Distributor List (Top 5) 10.2.6. Company Market Share (Top 3-5) 10.2.7. Economic Impact Study on Middle East & Africa Smart Office Furniture Market 11. Competitor Analysis 11.1. Company Description 11.2. Financial Analysis 11.3. Key Products 11.4. Key Management Personnel 11.5. Contact Address 11.6. SWOT Analysis 11.7. Company Profile 11.7.1. Berco Designs 11.7.2. Haworth Inc. 11.7.3. Herman Miller, Inc. 11.7.4. Inter IKEA Group 11.7.5. KI 11.7.6. Kimball International Inc. 11.7.7. Kinnarps AB 11.7.8. KOKUYO Co. Ltd. 11.7.9. Modoola LLP 11.7.10. Tabula Sense 11.7.11. Other Prominent Players
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