Market Share of APAC Smart Office Industry
The Asia Pacific Smart Office is moderately competitive in nature. Product launches, high expense on research and development, partnerships, and acquisitions are the prime growth strategies adopted by the companies in the region to sustain the intense competition.
- May 2021 - Honeywell launched a cloud-based solution for building owners and managers that simplifies and combines operational and business data to back up better decision-making, drive greater efficiencies, and achieve sustainability goals.
- July 2020 - Siemens announced a smart office app, Comfy, to help employees return to work safely during the pandemic. Siemens also stated that the deployment would target approximately 600 company locations and lay the groundwork for future-proof digital workplaces and future-oriented working environments.
APAC Smart Office Market Leaders
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Honeywell International Inc.
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ABB Ltd.
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Siemens AG
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Cisco Systems Inc.
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Schneider Electric SE
*Disclaimer: Major Players sorted in no particular order
