NA Smart Office Market Size

North America Smart Office Market Analysis

The North America Smart Office Market is expected to register a CAGR of 10.5% during the forecast period. The consumer's propensity to adopt security solutions rises due to the pandemic scenario and the uncertainty of back into normal life. The aspect of a smart office is looking more practical in the new normal post-COVID-19 in various countries in North America, which is expected to create significant opportunities in the market.

• The market being studied is primarily influenced by the rising demand for smart office solutions, the development of IoT in smart office offerings, and the increasing need for workplace safety and security systems.
• IoT in the workplace uses a variety of hardware and technologies, such as smart devices, robots, and artificial intelligence, to improve productivity and identify opportunities. Owing to these benefits, Amazon Alexa for Business allows companies to use its Alexa digital assistant in an office setting. Organizations can also use Amazon Echo smart speakers in the office to provide information, such as the proximity-free meeting room or allow employees to order supplies.
• The increasing focus on energy efficiency is another key factor driving the growth of the smart office market. The rising environmental concerns are pushing the companies in the region to improve the energy efficiency of operations and reduce their environmental footprint.
• The rising number of smart devices has been the primary reason behind the implementation of connected offices in the region. More devices and a heavy dependence on emerging cloud computing technologies will exponentially improve the firms' quality of products and services. Further, businesses are already adapting to innovations, such as mixed reality, the internet of things (IoT), and artificial intelligence (AI), in their daily operations.