Dublin, July 23, 2025 (GLOBE NEWSWIRE) -- The "Asia Pacific Smart Office - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)" has been added to ResearchAndMarkets.com's offering.
The Asia Pacific Smart Office Market is projected to achieve a compound annual growth rate (CAGR) of 10.5% during the forecast period. The market's expansion is significantly influenced by digital transformation and the hybrid work model's adoption spurred by the pandemic. Increased demand for intelligent IoT solutions across various sectors further propels this growth.
- The market is witnessing innovations in access cards, data security, and AI capabilities. For example, IDEX Biometrics' partnership with a key South Asian smart card manufacturer in May 2024 aims to expand its smart card deployment across Asia and international markets, leveraging impressive production capabilities.
- Collaborations focus on addressing capacity, mask-wearing, social distancing, and air quality concerns. Infosys and RXR Realty's partnership, powered by Microsoft Azure, exemplifies such efforts. Their RxWell platform offers insights and tools for safe office returns post-medical emergencies.
- Data-driven solutions are improving workplace efficiency, enabling cost savings and enhanced stakeholder experiences. For instance, Wipro Limited's "Smart i-Building" solution aims for 10-30% energy savings through IoT-driven building management on Microsoft Azure.
Key Market Trends
Security and access control are crucial to the market's growth, particularly in India where the market is driven by increased safety requirements and technological adoption.
- The Indian safety sector has grown at a 12% CAGR, with significant government investment. Initiatives like "Make in India" encourage domestic production, while U.S. companies continue to find opportunities in the market.
- Advanced Card Systems Ltd introduced new smart card readers in Hong Kong in January 2024. These products address current security needs and adapt to future demands through firmware upgrades.
China's smart office deployment is rapidly increasing, driven by 5G enhancements and Internet infrastructure improvements. Industrial IoT growth and government initiatives like "Made in China 2025" further bolster the market.
- Demand for advanced fire and safety control systems is growing, with companies like Chubb Beijing leading innovations in fire safety solutions.
- The development of smart HVAC systems is fueled by comfort needs in workplaces and government-led electricity policies. Platforms like the annual SH Shanghai & CIHE Trade Fair showcase these advances.
- Infrastructure, institutional, and commercial sectors are adopting modern surveillance systems. IP cameras, offering flexible deployment and expanded coverage, highlight these trends.
The competitive landscape of the Asia Pacific Smart Office industry features product launches, R&D investments, partnerships, and acquisitions. Companies leverage these strategies to succeed in a dynamic market.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.3 Assessment of Impact of Marco-economic factors on the market
5 MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Demand for Energy Efficient Solutions
5.1.2 Growing Need for Automation of Security Systems
5.2 Market Challenges
5.2.1 High Installation and Replacement Costs Along With Privacy Concerns
6 MARKET SEGMENTATION
6.1 By Product Type
6.1.1 Smart Office Lighting
6.1.2 Security and Access Control System
6.1.3 Energy Management System
6.1.4 Smart HVAC Control System
6.1.5 Audio-video Conferencing System
6.1.6 Fire and Safety Control System
6.1.7 Others
6.2 By Building Type
6.2.1 Retrofits
6.2.2 New Buildings
6.3 By Country
6.3.1 China
6.3.2 India
6.3.3 Australia
6.3.4 Rest of Asia Pacific
7 COMPETITIVE LANDSCAPE
- Koninklijke Philips NV
- Honeywell International Inc.
- ABB Ltd
- Schneider Electric SE
- Siemens AG
- United Technologies Corporation
- Johnson Controls International PLC
- Cisco Systems Inc.
- Crestron Electronics Inc.
- Lutron Electronics Co. Inc.
- FogHorn Systems Inc.
- Enlighted Inc.
8 INVESTMENT ANALYSIS
9 FUTURE OF THE MARKET
For more information about this report visit https://www.researchandmarkets.com/r/40gbel
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