Insights on the Global Smart Office Furniture Market 2020-2024 | COVID-19 Analysis, Drivers, Restraints, Opportunities and Threats | Technavio

Technavio has announced its latest market research report titled Global Smart Office Furniture Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the smart office furniture market and it is poised to grow by USD 38.02 million during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions- .

  • At what rate is the market projected to grow during the forecast period 2020-2024?
  • Growing at a CAGR of almost 4%, the market growth will accelerate in the forecast period of 2020-2024.
  • What is the key factor driving the market?
  • Developments in connectivity technologies is one of the key factors driving the market growth.
  • Who are the top players in the market?
  • Berco Designs, Haworth Inc., Herman Miller Inc., Inter IKEA Group, KI, Kimball International Inc., Kinnarps AB, KOKUYO Co. Ltd., Modoola LLP, Tabula Sense are some of the major market participants.
  • Which region is expected to hold the highest market share?
  • North America

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. 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 some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Developments in connectivity technologies has been instrumental in driving the growth of the market.

Smart Office Furniture Market 2020-2024: Segmentation

Smart Office Furniture Market is segmented as below:

  • Product
    • Smart Tables, Desks and Storages
    • Smart Seatings, Benches, And Stools
  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • Distribution Channel
    • Offline
    • Online

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43151

Smart Office Furniture Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart office furniture market report covers the following areas:

  • Smart Office Furniture Market size
  • Smart Office Furniture Market trends
  • Smart Office Furniture Market analysis

This study identifies the functional benefits of smart office furniture as the prime reasons driving the smart office furniture market growth during the next few years.

Smart Office Furniture Market 2020-2024: Vendor Analysis

We provide a detailed analysis of vendors operating in the smart office furniture market, including some of the vendors 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. Backed with competitive intelligence and benchmarking, our research reports on the smart office furniture market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Smart Office Furniture Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist smart office furniture market growth during the next five years
  • Estimation of the smart office furniture market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the smart office furniture market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of smart office furniture market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Smart tables, desks, and storages - Market size and forecast 2019-2024
  • Smart seatings, benches, and stools - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Distribution channel

  • Market segments
  • Comparison by Distribution channel
  • Offline - Market size and forecast 2019-2024
  • Online - Market size and forecast 2019-2024
  • Market opportunity by Distribution channel

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver - Demand led growth
  • Volume driver - Supply led growth
  • Volume driver - External factors
  • Volume driver - Demand shift in adjacent markets
  • Price driver - Inflation
  • Price driver - Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Berco Designs
  • Haworth Inc.
  • Herman Miller Inc.
  • Inter IKEA Group
  • KI
  • Kimball International Inc.
  • Kinnarps AB
  • KOKUYO Co. Ltd.
  • Modoola LLP
  • Tabula Sense

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Smart Office Furniture Market will grow by USD 38.02 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/