Europe Smart Office - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Europe Smart Office Market is expected to register a CAGR of 7.6% during the forecast period.
Key Highlights
- A smart building automates its processes to control its infrastructure, lighting, security systems, heating, ventilation, air conditioning systems, and more. A smart building uses technology and assimilates it with the basic building infrastructure and other structural and equipment components to make buildings more efficient, sustainable, and safe. Smart building solutions are a part of the growing IoT and connected sensor ecosystem.
- Solutions, such as the Energy Management System, Smart HVAC System, and Security and Access System, are adopted for smart offices. EMS is an integrated computerized system for monitoring and controlling energy-related infrastructure services plants and equipment, such as HVAC systems and lighting.
- Green HVAC systems are developed to improve energy efficiency and reduce costs. For instance, Ice Energy, a prominent energy storage company based in Glendale, California, released an ice-powered air-conditioning unit, Ice Bear, to cool buildings and, in most cases, reduce a building's net energy consumption.
- Companies are investing in these regions to establish office spaces. The improving real estate industry in these regions also supports the growth of new buildings. With many companies investing heavily in this segment, many companies are focusing on adopting smart technologies for their offices. This is driving the growth of the smart offices market in developing nations. Many companies entering the market are establishing new infrastructure.
- With the outbreak of COVID-19, the production of smart office equipment will be impacted in the short run as the construction of buildings and other office spaces are affected in significant areas across the world. However, companies have not made any significant changes to their production capacities. For instance, there are currently no manufacturing sites closed in Cisco's supply chain. Also, with more companies adopting work from home culture, smart home vendors can leverage voice and other smart home implementations to improve the day-to-day routines within a home and secure and automate home deliveries.
Europe Smart Office Market Trends
Power and Energy in Energy Management Systems to Show Significant Growth
- Europe, concerning emissions and energy consumption, has stringent laws and policies compared to others. These regulations pressure the construction industry to make new buildings and refurbish the old ones that adhere to these norms.
- The UK government mandate states that energy suppliers need to install smart meters in 26 million homes, aiming for every household in England, Wales, and Scotland, to have a smart meter by 2020. Additionally, approximately 700,000 households will be upgraded by 2025, and all buildings in the UK will have low-carbon heating by 2050.
- The accelerating smart meter roll-out, growing awareness of the energy crisis, and the European directive to reduce 80% of carbon emissions by 2050 have been identified as the significant factors influencing the growth of home energy management systems in the United Kingdom.
- By 2032, according to Germany's smart meter implementation strategy, every meter must be intelligent or, at the very least, have a digital interface. The municipality of Thalmassing in the service area of E.ON subsidiary Bayernwerk is where the firm claims to be the first to install 100,000 smart meters. E.ON has installed four million smart meters in the UK thus far.
Demand for smart HVAC Control Systems to Increase in Germany
- Germany is expected to hold a significant market share in the studied market over the forecast period. The adoption of HVAC control systems is driven by the need to control the temperature indoors. The country's annual temperature hovers around 10 degrees Celsius, creating a demand for air conditioning in commercial buildings.
- With the growing temperatures in recent years, the demand for air conditioners is expected to increase steadily over the coming years. This has further driven the technologically advanced country to adopt smart controlling thermostats in homes and commercial settings alongside the HVAC equipment.
- Combined with this, government energy regulations and environmental regulations such as Regulation 842/2006/EC stipulate that refrigerant leaks are to be eliminated by carrying out leak inspections in the country. Such occurrences can be controlled by monitored usage of the HVAC equipment with the control systems.
- The government's measures to create a climate-neutral building stock by 2050 are insufficient. The country's German Housing Association (GdW) and the CDU Economic Council are looking to shift to decentral heating. The focus on energy efficiency is expected to positively impact the HVAC controls market over the forecast period.
- In October 2022 - A request for proposals for research and pilot projects was made by the German Ministry for Economic Affairs and Climate Action to hasten the switch to heat pumps and other climate-neutral heating and cooling systems. The initiative will be supported by its annual EUR 600 million budget for energy research, but there is no set amount for it. It will operate through February 28, 2023. The development of heat pumps, environmentally acceptable construction materials, industrial-scale heat pumps, seasonal heat storage, and innovative control paradigms will all be emphasized.
Europe Smart Office Industry Overview
The Europe smart office market is highly competitive and consists of several major players. These companies are leveraging strategic collaborative initiatives to increase their market share and profitability. Significant players include Johnson Controls International PLC, Cisco Systems Inc., and United Technologies Corp., among others.
- February 2022 - The funding programme "Smart Energy Showcases - Digital Agenda for the Energy Transition" was established by the German Federal Ministry of Economic Affairs and Energy. This effort aims to install and test cutting-edge energy solutions while also involving market actors from all points along the value chain.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5 MARKET DYNAMICS
5.1 Market Drivers
5.2 Market Restraints
5.3 Assessment of the Impact of COVID-19 on the Industry
6 MARKET SEGMENTATION
6.1 By Product
6.1.1 Security and Access Control System
6.1.2 Energy Management System
6.1.3 Smart HVAC Control System
6.1.4 Audio-Video Conferencing System
6.1.5 Fire and Safety Control System
6.1.6 Other Products
6.2 By Building Type
6.2.1 Retrofits
6.2.2 New Buildings
6.3 By Country
6.3.1 Germany
6.3.2 United Kingdom
6.3.3 France
6.3.4 Spain
6.3.5 Rest of Europe
7 COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Koninklijke Philips N.V
7.1.2 Honeywell International Inc.
7.1.3 ABB Ltd.
7.1.4 Schneider Electric SA
7.1.5 Siemens AG
7.1.6 United Technologies Corporation
7.1.7 Johnson Controls Inc.
7.1.8 Cisco Systems Inc.
7.1.9 Crestron Electronics Inc.
7.1.10 Lutron Electronics Co. Inc.
7.1.11 Raytheon Technologies
8 COMPANY MARKET SHARE
9 INVESTMENT ANALYSIS
10 FUTURE OF EUROPE SMART OFFICE MARKET
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.