The design of systematic office furniture, landscape-style office, people today are more and more focused on the design itself. The creation of ergonomically designed products not only refers to the effective support and proportion of furniture designed for human body structure in industrial design, can adjust according to personal characteristics manually, and calm the color of emotions. In addition, smart office furniture is proving environmentally friendly, beautiful, fully functional, and extra conveniences than traditional office furniture. With the advent of IoT technology, the office space is more rationalized, and the office becomes convenient and flexible, fast, and efficient.
The global smart office furniture market expected to grow over a CAGR of 18.37% during the forecast period, 2020-2027. The significant factors can be attributed to the growth in connectivity technologies such as Bluetooth, Wi-Fi, and IoT. Further, the advancements in IoT connectivity will help in wireless tracking of office equipment. These are vital factors anticipated to propel the growth of the global smart office furniture market size. The surge in employee welfare and ergonomics, along with the increasing demand amongst employers to track and monitor an employee’s activity, to increase the productivity of all employees, which will drive the market growth. Additionally, the rise in demand for office furniture not only makes employees feel healthier but also greatly improves work efficiency, which leads to demand for smart office furniture. To achieve the effectiveness of the enterprise and to provide positive effects on the employees’ body and mind, the design of humanized and intelligent office furniture for health and efficiency will be valued and favored.
Moreover, the rising applications of smart office furniture such as more user-friendly, and the seat angle adjustment and lumbar support that pays attention to, no matter what body movements can be soft and without compression strength, help the human body achieve the most comfortable sitting position, and can automatically adjust the body according to each person to find the best. These benefits of smart office furniture will foster the growth of market share in the upcoming periods. Additionally, the expansion of high-end office buildings in the major cities across the globe, driving the development of the global smart office furniture industry in the next few years.
Smart office furniture is not only environmentally friendly, beautiful, and fully functional, but also provides people with some conveniences that traditional office furniture cannot meet through intelligent systems. Through powerful technology, the office space is more rationalized, and the office becomes convenient and flexible, fast, and efficient. In the future, office furniture will pay more and more attention to human health, and design will pay more attention to the choice of ergonomics and materials.
Smart office furniture use of automatic control, computer, microelectronics, and sensor detection technology at the technical level, showing new features and substance in terms of function, performance, structure, etc.
Recently outbreak pandemic Covid-19 led to the whole world under lockdown. This lockdown led to force all organizations, especially the service sector, towards work from home situations. These factors will enforce the demand for home office furniture in the future periods.
Based on Product type, the global smart office furniture market classified into smart tables, smart seating, smart desks, smart filling & storage, smart office & lighting, and accessories. The passenger cars will capture the highest market share in the global smart office furniture market in the forecast period. The growth of the segment can be attributed to the upsurge in demand for office spaces, along with the increasing demand for smart tables for meeting rooms and offices where there is an open workspace culture.
Smart Chair will be the fastest-growing segment in the estimated period due to the growing demand for the smart Chair, which is technically equipped to help the needs of the body and conforms to anybody and moves with they can change postures.
Based on Distribution Channel, the global smart office furniture market segregated into Offline Channel and Online Channel. The offline channel segment held a lucrative share in 2019 and projected to dominate the global smart office furniture market by 2027. It is due to the easy availability of smart furniture at the company’s stores and the availability of numerous varieties of products at retail stores.
The Online Channel will be the fastest-growing segment in the forecast period. It is owing to the increase in the number of online furniture stores to reduce the need for rental space and inventory, along with huge spending by customers on online stores.
Based on geography, the global smart office furniture market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America estimated to occupy the lion’s share in the smart office furniture market by 2027. It is owing to the surge in disposable income, high urbanization, and demand for luxury and premium office furniture from the office segment. Additionally, the rapid pace of industrialization, high demand for work from home, and increased awareness about the advantages of smart furniture will boom the North American market.
The Asia Pacific will garner a prominent share in the smart office furniture market by 2027 due to the rise in demand for office furniture has increased with the exponential increase in the number of commercial properties coupled with the number of employees in the service sector in the APAC region.
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.
By Product Type
By Distribution Channel