{"id":1308,"date":"2022-12-03T16:24:00","date_gmt":"2022-12-03T08:24:00","guid":{"rendered":"https:\/\/ones.software\/blog\/?p=1308"},"modified":"2023-06-02T10:33:12","modified_gmt":"2023-06-02T02:33:12","slug":"smart-office-statistics-trend","status":"publish","type":"post","link":"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/","title":{"rendered":"Smart office statistics &#038; trends you must know in 2023 and onwards"},"content":{"rendered":"\n<p>A smart office is a work environment in which innovation enables employees to work flexibly, faster, and smarter. This article explains all you need to know about smart office statistics and trends.<\/p>\n\n\n\n<p><a href=\"https:\/\/ones.software\/bookings-one\/iot\">Sensors<\/a>, <a href=\"https:\/\/ones.software\/hardware\">electronic devices<\/a>, and versatile applications help employees complete tedious tasks faster and better, giving them more time to do creative work in organizations. Smart office technology makes jobs more efficient and flexible with the help of network-based devices. <\/p>\n\n\n\n<p>Cloud storage, schedule management, improved customer satisfaction, risk management, resource utilization, and high investment returns are just a few of the advantages of smart offices.<\/p>\n\n\n\n<!--more-->\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ones.software\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png\" alt=\"\" class=\"wp-image-2850\" srcset=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png 1024w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-300x167.png 300w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-768x428.png 768w, \/blog\/wp-content\/uploads\/2022\/12\/image-29.png 1101w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><figcaption class=\"wp-element-caption\">ONES &#8211; All-in-one smart office system<\/figcaption><\/figure>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_34 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" style=\"display: none;\"><label for=\"item\" aria-label=\"Table of Content\"><i class=\"ez-toc-glyphicon ez-toc-icon-toggle\"><\/i><\/label><input type=\"checkbox\" id=\"item\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1'><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#General_Statistics\" title=\"General Statistics\">General Statistics<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Smart_Office_Market_Outlook\" title=\"Smart Office Market Outlook\">Smart Office Market Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Smart_Office_Furniture_Market\" title=\"Smart Office Furniture Market\">Smart Office Furniture Market<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Lots_of_employers_invest_in_hyperlocal_offices_to_promote_a_return_to_the_office\" title=\"Lots of employers&nbsp;invest in hyperlocal offices to promote a return to the office\">Lots of employers&nbsp;invest in hyperlocal offices to promote a return to the office<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Segment_Overview\" title=\"Segment Overview\">Segment Overview<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Top_Impacting_Factors\" title=\"Top Impacting Factors\">Top Impacting Factors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#COVID-19_Impact_Analysis\" title=\"COVID-19 Impact Analysis\">COVID-19 Impact Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Technology_helps\" title=\"Technology helps\">Technology helps<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Office_Data_Insights\" title=\"Office Data Insights\">Office Data Insights<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#The_most_useless_thing_in_the_post-pandemic_office\" title=\"The most useless thing in the post-pandemic office\">The most useless thing in the post-pandemic office<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Cost_of_running_an_office_space_for_100_employees\" title=\"Cost of running an office space for 100 employees\">Cost of running an office space for 100 employees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#The_ratio_of_office_room_to_people\" title=\"The ratio of office room to people\">The ratio of office room to people<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Office_Type_retrofit_and_new_construction\" title=\"Office Type: retrofit and new construction\">Office Type: retrofit and new construction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Average_office_occupancy\" title=\"Average office occupancy \">Average office occupancy <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Office_occupancy_compared_to_last_year\" title=\"Office occupancy compared to last year\">Office occupancy compared to last year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#US_Office_Vacancy_Rate\" title=\"U.S Office Vacancy Rate \">U.S Office Vacancy Rate <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Readiness_of_cutting_office_space\" title=\"Readiness of cutting office space\">Readiness of cutting office space<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Meeting_room_demands\" title=\"Meeting room demands\">Meeting room demands<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Conferences_Insights\" title=\"Conferences Insights\">Conferences Insights<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#The_average_number_of_video_conferences\" title=\"The average number of video conferences&nbsp;\">The average number of video conferences&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Time_spent_in_video_conferences\" title=\"Time spent in video conferences\">Time spent in video conferences<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Number_of_Meetings_vs_Number_of_Attendees\" title=\"Number of Meetings vs. Number of Attendees\">Number of Meetings vs. Number of Attendees<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Usage_By_Meeting_Group_Size\" title=\"Usage By Meeting Group Size\">Usage By Meeting Group Size<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Cost_of_Meetings\" title=\"Cost of Meetings\">Cost of Meetings<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Methods_to_Connect\" title=\"Methods to Connect\">Methods to Connect<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Meeting_Room_Insights\" title=\"Meeting Room Insights\">Meeting Room Insights<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-27\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Time_wasted_when_finding_rooms\" title=\"Time wasted when finding rooms\">Time wasted when finding rooms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-28\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Meeting_room_utilization\" title=\"Meeting room utilization\">Meeting room utilization<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-29\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Unused_Space_in_Meeting_Rooms\" title=\"Unused Space in Meeting Rooms\">Unused Space in Meeting Rooms<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-30\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Exceed_Capacity_and_Wasted_Space\" title=\"Exceed Capacity and Wasted Space\">Exceed Capacity and Wasted Space<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-31\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Guidance_for_sizing_spaces\" title=\"Guidance for sizing spaces\">Guidance for sizing spaces<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-32\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Regional_Insights\" title=\"Regional Insights\">Regional Insights<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-33\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#General_CAGR\" title=\"General CAGR \">General CAGR <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-34\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Asia_Pacific_APAC_region\" title=\"Asia Pacific (APAC) region\">Asia Pacific (APAC) region<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-35\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Product_Insights\" title=\"Product Insights\">Product Insights<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-36\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#10_Smart_Office_Options_to_create_the_best_workplace_experience\" title=\"10+ Smart Office Options to create the best workplace experience\">10+ Smart Office Options to create the best workplace experience<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-37\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#The_market_for_new_construction_offices_to_grow_with_the_highest_CAGR\" title=\"The market for new construction offices to grow with the highest CAGR&nbsp;\">The market for new construction offices to grow with the highest CAGR&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-38\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Opportunity_in_evolving_cloud-based_environment_of_IoT_platforms\" title=\"Opportunity in evolving cloud-based environment of IoT platforms\">Opportunity in evolving cloud-based environment of IoT platforms<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-39\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Definition\" title=\"Definition\">Definition<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-40\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Space_occupancy\" title=\"Space occupancy\">Space occupancy<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-41\" href=\"https:\/\/ones.software\/blog\/2022\/12\/03\/smart-office-statistics-trend\/#Space_utilization\" title=\"Space utilization\">Space utilization<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"General_Statistics\"><\/span>General Statistics<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Smart_Office_Market_Outlook\"><\/span>Smart Office Market Outlook<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"340\" src=\"\/blog\/wp-content\/uploads\/2022\/10\/image-58-1024x340.png\" alt=\"\" class=\"wp-image-1955\" srcset=\"\/blog\/wp-content\/uploads\/2022\/10\/image-58-1024x340.png 1024w, \/blog\/wp-content\/uploads\/2022\/10\/image-58-300x100.png 300w, \/blog\/wp-content\/uploads\/2022\/10\/image-58-768x255.png 768w, \/blog\/wp-content\/uploads\/2022\/10\/image-58-1200x398.png 1200w, \/blog\/wp-content\/uploads\/2022\/10\/image-58.png 1353w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">Smart Office Market 2020 &#8211; 2030<\/figcaption><\/figure>\n\n\n\n<p>The global smart office <a href=\"https:\/\/www.wallstreetoasis.com\/resources\/skills\/valuation\/market-value\">market was valued<\/a> at <strong>$31.37 billion in 2020 <\/strong>and is expected to reach <strong>$90.63 billion by 2030<\/strong>, growing at an<strong> 11.1% CAGR<\/strong> between 2021 and 2030. <\/p>\n\n\n\n<p> (<a href=\"https:\/\/www.alliedmarketresearch.com\/smart-office-market-A13723\">alliedmarketresearch<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Smart_Office_Furniture_Market\"><\/span>Smart Office Furniture Market<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The smart office furniture market share is expected to increase by <strong>USD&nbsp;85.11 million from 2021 to 2026<\/strong>,&nbsp;and the market\u2019s growth momentum will accelerate at a CAGR of 8.78%.<\/p>\n\n\n\n<p>During the forecast period, <strong>North America will account for 47% of market growth<\/strong>. The smart office furniture market in North America is mostly concentrated in the US and Canada. The market in this region will expand more slowly than markets in other regions.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.technavio.com\/report\/smart-office-furniture-market-industry-analysis\" rel=\"nofollow\">technavio<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Lots_of_employers_invest_in_hyperlocal_offices_to_promote_a_return_to_the_office\"><\/span>Lots of employers&nbsp;invest in hyperlocal offices to promote a return to the office<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Since the pandemic, <strong>64% have leased or are contemplating leasing suburban office space<\/strong>. <\/p>\n\n\n\n<p>Employers have responded to the pandemic&#8217;s deurbanization of the workforce by investing in hyperlocal workplaces to encourage workers to return to the office. Employers think that the connection employees have within the actual workplace is worth the expenditure. <\/p>\n\n\n\n<p>In addition to predictable flexibility, employers are investing in various routes to attract employees to come into the office, such as<strong> in-person activities (50%), offering lunches (45%), reimbursement for commuting costs (38%), and childcare assistance programs (33%)<\/strong>.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.prnewswire.com\/news-releases\/ey-future-workplace-index-reveals-surprisingly-rosy-attitudes-on-commercial-real-estate-investment-despite-economic-tightening-301679287.html\" rel=\"nofollow\">EY<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Segment_Overview\"><\/span>Segment Overview<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>Europe dominated the smart office market in 2020 <\/strong>and is expected to grow at a rapid pace during the forecast period, owing to the expansion of the retail and hospitality sectors. However, Asia-Pacific is expected to grow at a faster rate than Europe by the end of the forecast period.<\/p>\n\n\n\n<p>Leading manufacturers in the smart office market, such as<strong> Honeywell International Inc., Cisco Systems, Inc., and Siemens AG<\/strong>, are focusing their investments on more technologically advanced, cost-effective, and secure products and solutions for various applications.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.alliedmarketresearch.com\/smart-office-market-A13723\">alliedmarketresearch<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Top_Impacting_Factors\"><\/span>Top Impacting Factors<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The <strong>increasing need for energy efficiency, as well as supporting industry standards and regulations<\/strong>, are major factors influencing the growth of the smart office market. <\/p>\n\n\n\n<p>Furthermore, the smart office market is being driven by the growth of the IoT market and its applications. However, the high initial investment limits market growth. On the contrary, the evolving smart city market is expected to generate lucrative opportunities for the market.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.alliedmarketresearch.com\/smart-office-market-A13723\">alliedmarketresearch<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"COVID-19_Impact_Analysis\"><\/span>COVID-19 Impact Analysis<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The COVID-19 outbreak has had a<strong> significant impact on the electronics and semiconductor industries<\/strong>. Due to an increase in the number of COVID-19 cases, business and manufacturing units in various countries have been closed and are expected to remain closed in 2021. <\/p>\n\n\n\n<p>Furthermore, the partial or total lockdown has disrupted the global supply chain, making it difficult for manufacturers to reach their customers.<\/p>\n\n\n\n<p>The COVID-19 pandemic is having a global impact on society and the economy. The impact of this outbreak is growing by the day and is affecting global business. <\/p>\n\n\n\n<p>Manufacturing unit shutdowns in Asian and European countries have resulted in significant business and revenue losses. The outbreak of the COVID-19 disease has had a significant impact on the operations of the production and manufacturing industries, which has hampered market growth.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.alliedmarketresearch.com\/smart-office-market-A13723\">alliedmarketresearch<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technology_helps\"><\/span>Technology helps<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Using voice, video, and content sharing to communicate with distant parties, <strong>74% of APAC respondents<\/strong> do so.<\/p>\n\n\n\n<p><strong>60% of APAC respondents<\/strong> said they would use collaboration technology if made available in small meeting rooms.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.polycom.com.sg\/content\/dam\/polycom\/common\/documents\/data-sheets\/growing-big-ideas-from-small-spaces.pdf\" rel=\"nofollow\">Polycom<\/a>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ones.software\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png\" alt=\"\" class=\"wp-image-2850\" srcset=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png 1024w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-300x167.png 300w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-768x428.png 768w, \/blog\/wp-content\/uploads\/2022\/12\/image-29.png 1101w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><figcaption class=\"wp-element-caption\">ONES &#8211; All-in-one smart office system<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Office_Data_Insights\"><\/span>Office Data Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_most_useless_thing_in_the_post-pandemic_office\"><\/span>The most useless thing in the post-pandemic office<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><em>What\u2019s the most useless thing in the post-pandemic office?<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"524\" height=\"399\" src=\"\/blog\/wp-content\/uploads\/2022\/11\/image-7.png\" alt=\"\" class=\"wp-image-2329\" srcset=\"\/blog\/wp-content\/uploads\/2022\/11\/image-7.png 524w, \/blog\/wp-content\/uploads\/2022\/11\/image-7-300x228.png 300w\" sizes=\"auto, (max-width: 524px) 85vw, 524px\" \/><figcaption class=\"wp-element-caption\"><em>What\u2019s the most useless thing in the post-pandemic office?<\/em><\/figcaption><\/figure>\n\n\n\n<p>Based on The Economist poll, 76% of respondents think that Landline desk phones are the most useless thing in the post-pandemic office, while only 10% of them think meeting rooms are useless.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:6993193960441593857\/\" rel=\"nofollow\">Source<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cost_of_running_an_office_space_for_100_employees\"><\/span>Cost of running an office space for 100 employees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>&nbsp;The cost of running an office space for 100 employees (totaling a complete office space of 20,000 sq. foot) in:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>New York could cost as much as $4 million annually,<\/li>\n\n\n\n<li>London, it could cost $3 million annually,<\/li>\n\n\n\n<li>San Francisco $2.8 million annually and,<\/li>\n\n\n\n<li>Madrid $1.5 million annually.<\/li>\n<\/ul>\n\n\n\n<p>(<a href=\"https:\/\/ronspotflexwork.com\/blog\/how-much-money-will-your-company-save-by-moving-to-hybrid-working\/\" rel=\"nofollow\">ronspotflexwork<\/a>)<\/p>\n\n\n\n<p>In Singapore, the median rent for traditional office space in Singapore in the first three months of 2021 ranged between $2.51 and $7.95 per square foot per month, with a total of 665 leases signed, according to data made public by the authorities. <\/p>\n\n\n\n<p>Accordingly, a typical office space of 20,000 square feet would cost between $60,2400 to $1.9 million per month.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/officefinder.com.sg\/trend\/singapore-office-rental-rates-guide-by-district\/\" rel=\"nofollow\">officefinder<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_ratio_of_office_room_to_people\"><\/span>The ratio of office room to people<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>With no fixed seats (such as activity-based working or hot-desking) and <strong>80\u2013150 square feet<\/strong> allotted for each employee, high-density workplaces are typically flexible work environments. <\/p>\n\n\n\n<p>Workplaces with an average staff density (<strong>150\u2013250 square feet<\/strong>) typically have a standard office design with a mix of individual workstations and private offices. <\/p>\n\n\n\n<p>The typical conference room-to-employee ratio in workplaces with higher densities is <strong>1:10<\/strong>, whereas it is more like<strong> 1:20<\/strong> in offices with dedicated workstations.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.iofficecorp.com\/blog\/space-planning-conference-rooms\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">iofficecorp<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Office_Type_retrofit_and_new_construction\"><\/span>Office Type: retrofit and new construction<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The market has been divided into two categories: <strong>retrofit and new construction<\/strong>. By 2025, the retrofit segment is expected to generate the most revenue. The growing need for energy-saving technologies in retrofitted offices can be attributed to the segment&#8217;s growth.<\/p>\n\n\n\n<p>Over the forecast period, the new construction segment is expected to grow significantly. Modifications or new system implementations may be limited in a retrofit office. However, new construction allows for greater flexibility in implementing new systems.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/smart-office-market\">grandviewresearch<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Average_office_occupancy\"><\/span>Average office occupancy <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After two years of covid ance and mainly flat leasing, the worldwide office providers interviewed for the MatchOffice Industry Survey 2022 in May express their considerable optimism about the market future generally.<\/p>\n\n\n\n<p>The respondents from North America had the highest expectations; of them, <strong>46.6% think things will turn out well, and 39.1% are excited about the outlook for the office rental market after the pandemic<\/strong>.<\/p>\n\n\n\n<p>Comparatively, the figures for European providers reveal 41.2% and 35.1%, while 32.8% and 31.7%, respectively, are slightly below projections for Asian providers.<\/p>\n\n\n\n<p>In Sweden (72.1% and 17.5%), Germany (65.2% and 21.1%), the Netherlands (77.3% and 10.1%), and Denmark (45.9 and 33.4%), office landlords in Europe are currently quite optimistic about the market.<\/p>\n\n\n\n<p>(&nbsp;<strong><a href=\"https:\/\/www.lokalebasen.dk\/bibliotek\/Industry-Surveys\/MatchOffice-serviced-office-industry-survey-report-2022.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">MatchOffice Industry Survey<\/a><\/strong>&nbsp;)<\/p>\n\n\n\n<p>The pandemic had a severe impact on U.S. commercial real estate (CRE), with vacancy rates skyrocketing in all key sectors, including multifamily, industrial, retail, and office, in the early stages of the health catastrophe. <\/p>\n\n\n\n<p>Rent and price rises were also hampered by deteriorating fundamentals. These pressures, however, were short-lived for the industrial and multifamily sectors, as they saw their vacancy rates reverse course and drop to far lower levels than they were before the epidemic.<\/p>\n\n\n\n<p>On June 22, the commercial vacancy rates are mostly below the pre-pandemic level, except for the office sector.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/economics.td.com\/cre_office_recover_2022\">economics.td.com<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Office_occupancy_compared_to_last_year\"><\/span>Office occupancy compared to last year<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>More than 45% of respondents <\/strong>report their office occupancy is higher than last year (2021). 23.1% of them had the same occupancy in 2021.<\/p>\n\n\n\n<p>(&nbsp;<strong><a href=\"https:\/\/www.lokalebasen.dk\/bibliotek\/Industry-Surveys\/MatchOffice-serviced-office-industry-survey-report-2022.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">MatchOffice Industry Survey<\/a><\/strong>&nbsp;)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"US_Office_Vacancy_Rate\"><\/span>U.S Office Vacancy Rate <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Due to a significant shift in the labor force toward remote work during the pandemic, office foot traffic was significantly reduced. <\/p>\n\n\n\n<p>Although wealthy tech behemoths expressed interest in prime office spaces, the epidemic significantly curbed most firms&#8217; desire to sign new office contracts. Two years into the pandemic, the office sector&#8217;s vacancy rate has moved sideways after <strong>peaking at 12%<\/strong> in mid-2021, making little improvement.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/economics.td.com\/cre_office_recover_2022\" rel=\"nofollow\">economics.td.com<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Readiness_of_cutting_office_space\"><\/span>Readiness of cutting office space<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Firms are currently not planning to cut office space too much. <\/p>\n\n\n\n<p>In the US, the impact of COVID only reduced 1% of office space, while 10% of office space has been diminished in the UK.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.dropbox.com\/s\/sepibwp0gxea759\/Exec_Briefing_Oct2022.pptx?dl=0\">Stanford<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meeting_room_demands\"><\/span>Meeting room demands<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>According to new data from&nbsp;<a href=\"http:\/\/www.coworker.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Coworker.com<\/a>, global meeting room demand within flexible office spaces is up 73% from 2020.&nbsp;<\/p>\n\n\n\n<p>(<a href=\"http:\/\/www.coworker.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Coworker.com<\/a>)<\/p>\n\n\n\n<p><a href=\"https:\/\/insights.randstadusa.com\/how-tech-is-impacting-the-workforce-of-tomorrow?utm_campaign=rusa_how+tech+is+impacting+the+workforce+of+tomorrow_client_rus_all&amp;utm_medium=press&amp;utm_source=prnewswire\">A survey <\/a>by Randstad US and Future Workplace found that<strong><em> 80 percent of workers<\/em><\/strong><em> say <\/em><strong><em>virtual communication<\/em><\/strong><em> has made them <\/em><strong><em>more reactive than strategic in their daily work<\/em><\/strong>. <\/p>\n\n\n\n<p>Especially for new employees, pointed out that they need a face-to-face conversation with an experienced in a meeting room to have an immediate solution to their problems.&nbsp;<\/p>\n\n\n\n<p>(<a href=\"https:\/\/insights.randstadusa.com\/how-tech-is-impacting-the-workforce-of-tomorrow?utm_campaign=rusa_how+tech+is+impacting+the+workforce+of+tomorrow_client_rus_all&amp;utm_medium=press&amp;utm_source=prnewswire\" rel=\"nofollow\">Randstad<\/a>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ones.software\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png\" alt=\"\" class=\"wp-image-2850\" srcset=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png 1024w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-300x167.png 300w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-768x428.png 768w, \/blog\/wp-content\/uploads\/2022\/12\/image-29.png 1101w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><figcaption class=\"wp-element-caption\">ONES &#8211; All-in-one smart office system<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conferences_Insights\"><\/span>Conferences Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_average_number_of_video_conferences\"><\/span>The average number of video conferences&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Most video conferences occur in the marketing and advertising industry, where each worker attends <strong>20.9 sessions<\/strong> on average per month. <\/p>\n\n\n\n<p>Followed by businesses in the travel sector, which hold an average of 11.1 meetings every month. Tech firms, with an average of 10.5 meetings each month, are in third place.<\/p>\n\n\n\n<p>In general, businesses tended to follow the same pattern: a rapid increase following the epidemic, followed by a gradual decline, maybe as they started relying more on asynchronous communication to counteract the tiredness caused by video conferencing.<\/p>\n\n\n\n<p>Companies in the top end of the mid-market segment with 751 to 1,000 employees saw a more consistent downward trend with fewer rises. <\/p>\n\n\n\n<p>In a similar vein, enterprise enterprises with 1,001 to 10,000 employees initially increased before declining in the Fall of 2020 and then peaking once more in March of 2021. <\/p>\n\n\n\n<p>Larger businesses employing more than 10,000 workers experienced a delayed increase, which peaked in May 2021:<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.dialpad.com\/blog\/video-conferencing-report\/\" rel=\"nofollow\">dialpad<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Time_spent_in_video_conferences\"><\/span>Time spent in video conferences<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Video conferencing is used by <strong>46.15% of respondents<\/strong> for less than four hours per week, and by<strong> 36.98% for four to twelve hours<\/strong>. <\/p>\n\n\n\n<p>According to this, <strong>83.13% of people<\/strong> attend meetings for <strong>no more than 12 hours<\/strong> every week. The<strong> 4.73% <\/strong>who spend <strong>more than<\/strong> <strong>half their week working<\/strong>, on the other hand.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.dialpad.com\/blog\/video-conferencing-report\/\" rel=\"nofollow\">dialpad<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Number_of_Meetings_vs_Number_of_Attendees\"><\/span>Number of Meetings vs. Number of Attendees<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The information we gathered indicates that gatherings are smaller than you might anticipate. <\/p>\n\n\n\n<p>Meeting rooms were frequently <strong>only used by one person <\/strong>in the roughly 6,000 meetings that &#8220;<strong><a href=\"https:\/\/assets-global.website-files.com\/5f4a004f01308268d80d6e85\/5f73ff01a7fc6861a34c4055_Density-Workplace-Utilization-Index_Mid-Year-2019.pdf\" rel=\"nofollow\">Density\u2019s Mid-Year 2019 Workplace Utilization Index<\/a><\/strong>&#8221; examined during the busiest times of the day.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/density.io\/\" rel=\"nofollow\">Density<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Usage_By_Meeting_Group_Size\"><\/span>Usage By Meeting Group Size<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The report &#8220;<strong><a href=\"https:\/\/assets-global.website-files.com\/5f4a004f01308268d80d6e85\/5f73ff01a7fc6861a34c4055_Density-Workplace-Utilization-Index_Mid-Year-2019.pdf\" rel=\"nofollow\">Density\u2019s Mid-Year 2019 Workplace Utilization Index<\/a><\/strong>&#8221; exemplifies the significance of monitoring space consumption as a way to enhance meeting room allocation. The research reveals inconsistencies between meeting rooms&#8217; actual usage and their design:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Meetings with <strong>two to four participants made up about 40%<\/strong> of all meetings.<\/li>\n\n\n\n<li>Only <strong>6% of meetings had more than 10 participants<\/strong>, while <strong>85% of meetings had less than seven <\/strong>attendees.<\/li>\n\n\n\n<li>Even the largest gatherings rarely occupied more than 45% of the available space.<\/li>\n<\/ul>\n\n\n\n<p>(<a href=\"https:\/\/density.io\/\" rel=\"nofollow\">Density<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cost_of_Meetings\"><\/span>Cost of Meetings<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"343\" src=\"\/blog\/wp-content\/uploads\/2022\/10\/image-94-1024x343.png\" alt=\"Cost of Meetings\" class=\"wp-image-2074\" srcset=\"\/blog\/wp-content\/uploads\/2022\/10\/image-94-1024x343.png 1024w, \/blog\/wp-content\/uploads\/2022\/10\/image-94-300x100.png 300w, \/blog\/wp-content\/uploads\/2022\/10\/image-94-768x257.png 768w, \/blog\/wp-content\/uploads\/2022\/10\/image-94-1200x402.png 1200w, \/blog\/wp-content\/uploads\/2022\/10\/image-94.png 1356w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">Cost of Meetings<\/figcaption><\/figure>\n\n\n\n<p>An hour-long discussion with <strong>five participants <\/strong>(ranging in rank from specialist to director) costs <strong>$338 USD <\/strong>in salaries.<br>All of those video calls cost money as well. The time lost on useless ones will still cost each employee<strong> $1,250<\/strong> every month.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.booqed.com\/blog\/minutes-wasted-of-meeting-50-shocking-meeting-statistics\" rel=\"nofollow\">booqed<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Methods_to_Connect\"><\/span>Methods to Connect<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Despite technology&#8217;s dominance, physical connection still has value, especially now that face-to-face interactions are limited because of the pandemic. Face-to-face meetings are preferred above alternative formats by 76% of professionals.<\/p>\n\n\n\n<p><br>They believe that critical decisions are simpler to make. They also concurred that meeting in person improves their comprehension of the recipient party.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Conferencing is preferred by <strong>7%<\/strong>.<\/li>\n\n\n\n<li><strong>5%<\/strong> favor video calls.<\/li>\n\n\n\n<li><strong>4%<\/strong> favor email\/instant messaging.<\/li>\n<\/ul>\n\n\n\n<p>(<a href=\"https:\/\/normadesign.it\/realizzazione-siti-web-torino\/meeting-report\/\" rel=\"nofollow\">Doddle<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meeting_Room_Insights\"><\/span>Meeting Room Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Time_wasted_when_finding_rooms\"><\/span>Time wasted when finding rooms<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"343\" src=\"\/blog\/wp-content\/uploads\/2022\/10\/image-110-1024x343.png\" alt=\"\" class=\"wp-image-2157\" srcset=\"\/blog\/wp-content\/uploads\/2022\/10\/image-110-1024x343.png 1024w, \/blog\/wp-content\/uploads\/2022\/10\/image-110-300x100.png 300w, \/blog\/wp-content\/uploads\/2022\/10\/image-110-768x257.png 768w, \/blog\/wp-content\/uploads\/2022\/10\/image-110-1200x401.png 1200w, \/blog\/wp-content\/uploads\/2022\/10\/image-110.png 1357w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">Time wasted when finding rooms<\/figcaption><\/figure>\n\n\n\n<p><strong>40% of employees<\/strong> say that they waste <strong>half an hour<\/strong> per day looking for meeting spaces.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.wsj.com\/articles\/new-office-flashpoint-who-gets-the-conference-room-1413307377\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">WSJ<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Meeting_room_utilization\"><\/span>Meeting room utilization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"340\" src=\"\/blog\/wp-content\/uploads\/2022\/10\/image-111-1024x340.png\" alt=\"Meeting room utilization\" class=\"wp-image-2158\" srcset=\"\/blog\/wp-content\/uploads\/2022\/10\/image-111-1024x340.png 1024w, \/blog\/wp-content\/uploads\/2022\/10\/image-111-300x100.png 300w, \/blog\/wp-content\/uploads\/2022\/10\/image-111-768x255.png 768w, \/blog\/wp-content\/uploads\/2022\/10\/image-111-1200x399.png 1200w, \/blog\/wp-content\/uploads\/2022\/10\/image-111.png 1358w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">Meeting room utilization<\/figcaption><\/figure>\n\n\n\n<p>Although <strong>53% of conference room space<\/strong> is designed for groups of seven or more, <strong>73% of meetings<\/strong> only involve <strong>two to four <\/strong>persons.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.wsj.com\/articles\/new-office-flashpoint-who-gets-the-conference-room-1413307377\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">WSJ<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Unused_Space_in_Meeting_Rooms\"><\/span>Unused Space in Meeting Rooms<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Based on the report &#8220;<strong><a href=\"https:\/\/assets-global.website-files.com\/5f4a004f01308268d80d6e85\/5f73ff01a7fc6861a34c4055_Density-Workplace-Utilization-Index_Mid-Year-2019.pdf\" rel=\"nofollow\">Density\u2019s Mid-Year 2019 Workplace Utilization Index<\/a><\/strong>&#8220;, small rooms (2-4 people) are seldom wasted by people, while over half of the extra large rooms (13+ people) have been wasted.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/density.io\/\" rel=\"nofollow\">Density<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Exceed_Capacity_and_Wasted_Space\"><\/span>Exceed Capacity and Wasted Space<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>According to the research in &#8220;<strong><a href=\"https:\/\/assets-global.website-files.com\/5f4a004f01308268d80d6e85\/5f73ff01a7fc6861a34c4055_Density-Workplace-Utilization-Index_Mid-Year-2019.pdf\">Density\u2019s Mid-Year 2019 Workplace Utilization Index<\/a><\/strong>&#8220;, the largest meeting rooms might be cut in half and still accommodate the daily needs of the workforce. <\/p>\n\n\n\n<p>This translates to an annual waste of space costing close to <strong>$1.4 million <\/strong>across 100 rooms with 400 square feet each built for 20 people.<\/p>\n\n\n\n<p>An additional<strong> $2.8 million may have been saved<\/strong> during the first fit-out.<\/p>\n\n\n\n<p>Over the course of six months, the combined capacity of large and extra-large conference rooms was <strong>exceeded 24 times<\/strong>, each time for just over 30 minutes. Or, to put it another way, for a total of 14 hours over the course of six months, these rooms were crowded. These are mainly used for a board meeting or training sessions.<\/p>\n\n\n\n<p>Density suggested that it&#8217;s possible that extra-large meeting rooms go unused. However, you truly need them when you need them. Take into account tightening schedules and condensing down to a minimal number of extra-large places.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/density.io\/\" rel=\"nofollow\">Density<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Guidance_for_sizing_spaces\"><\/span>Guidance for sizing spaces<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>According to the research in &#8220;<strong><a href=\"https:\/\/assets-global.website-files.com\/5f4a004f01308268d80d6e85\/5f73ff01a7fc6861a34c4055_Density-Workplace-Utilization-Index_Mid-Year-2019.pdf\">Density\u2019s Mid-Year 2019 Workplace Utilization Index<\/a><\/strong>&#8220;, despite being intended to accommodate much more people, the data clearly demonstrates that conference rooms were frequently only used by one person. In contrast, meetings with more than 10 participants were rarely held in spaces designed for that many people.<\/p>\n\n\n\n<p><a href=\"https:\/\/density.io\/\" rel=\"nofollow\">Density<\/a> has suggested some clear guidance for sizing spaces to achieve higher workplace utilization if you have <strong>10 meeting rooms for people<\/strong> based on the data:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>3 <a href=\"https:\/\/ones.software\/blog\/quiet-car\/\">quiet areas <\/a>or <a href=\"https:\/\/ones.software\/blog\/huddle-room\/\">phone booths<\/a> for 1 person;<\/li>\n\n\n\n<li>4 <a href=\"https:\/\/ones.software\/blog\/meeting-room\/\">meeting rooms<\/a> for 2 to 4 people;<\/li>\n\n\n\n<li>1 <a href=\"https:\/\/ones.software\/blog\/meeting-room\/\">meeting room<\/a> for 5 to 6 people; and<\/li>\n\n\n\n<li>2 flexible 20-person rooms that can be converted into 2 rooms for up to 10 people each.<\/li>\n<\/ul>\n\n\n\n<p>(<a href=\"https:\/\/density.io\/\" rel=\"nofollow\">Density<\/a>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ones.software\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png\" alt=\"\" class=\"wp-image-2850\" srcset=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png 1024w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-300x167.png 300w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-768x428.png 768w, \/blog\/wp-content\/uploads\/2022\/12\/image-29.png 1101w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><figcaption class=\"wp-element-caption\">ONES &#8211; All-in-one smart office system<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Regional_Insights\"><\/span>Regional Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"General_CAGR\"><\/span>General CAGR <span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Because of its large customer base and well-established manufacturers, the North American region is expected to dominate the market over the next eight years. The region generated the most revenue in 2016, and it is expected to grow at a CAGR of more than 10% between 2017 and 2025.<\/p>\n\n\n\n<p>Because of the presence of growing economies such as China and India, the Asia Pacific region is expected to see a significant shift in its growth, with a<strong> CAGR of more than 19%<\/strong> from 2016 to 2023. <\/p>\n\n\n\n<p>Growth in the service sector in these economies is expected to lead to an increase in the number of offices in the region, necessitating the establishment of smart offices from 2016 to 2023.<\/p>\n\n\n\n<p>Over the forecast period, the South American market is also expected to grow significantly. Various factors, such as increased Internet and wireless network penetration, are expected to drive the regional market for smart offices.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.grandviewresearch.com\/industry-analysis\/smart-office-market\">grandviewresearch<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Asia_Pacific_APAC_region\"><\/span>Asia Pacific (APAC) region<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><strong>The Asia Pacific (APAC) region will have the highest CAGR in the smart office market.<\/strong><\/p>\n\n\n\n<p>During the forecast period, the APAC market is expected to grow at the fastest CAGR. The adoption of energy management solutions to reduce associated costs, as well as the implementation of security and lighting management solutions in workplaces, are driving the growth of the APAC smart office market.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/smart-connected-offices-market-254310598.html\">marketsandmarkets<\/a>)<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Product_Insights\"><\/span>Product Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"10_Smart_Office_Options_to_create_the_best_workplace_experience\"><\/span>10+ Smart Office Options to create the best workplace experience<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After the pandemic, there has been a significant amount of change, much of it negative, but there have also been some positive changes, particularly in the office area. <\/p>\n\n\n\n<p>With the advent of the smart workplace and all its advantages, the dullness of the conventional, drab office is finally being challenged.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/ones.software\/bookings-one\/desk-booking\">Hot desks<\/a> <\/li>\n\n\n\n<li><a href=\"https:\/\/ones.software\/bookings-one\/room-booking\">Conference\/ Meeting Rooms<\/a> <\/li>\n\n\n\n<li><a href=\"https:\/\/ones.software\/bookings-one\/iot\">Internet of Things (IoT) solutions<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/ones.software\/bookings-one\/visitor\">Visitor management system<\/a><\/li>\n\n\n\n<li>Modern video monitoring<\/li>\n\n\n\n<li>Smart climate and lighting control<\/li>\n\n\n\n<li><a href=\"https:\/\/ones.software\/bookings-one\">Cloud-based smart office system<\/a><\/li>\n\n\n\n<li>Gamification<\/li>\n\n\n\n<li><a href=\"https:\/\/ones.software\/bookings-one\/interactive-map\">Indoor 3D maps<\/a><\/li>\n\n\n\n<li>Voice Control<\/li>\n\n\n\n<li>Cybersecurity<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_market_for_new_construction_offices_to_grow_with_the_highest_CAGR\"><\/span>The market for new construction offices to grow with the highest CAGR&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Between 2017 and 2023, the new construction office type is expected to grow at the fastest CAGR. New construction offices offer the advantage of designing and implementing smart office solutions early in the construction process, resulting in lower operational costs and more efficient use of available resources.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/smart-connected-offices-market-254310598.html\">marketsandmarkets<\/a>)<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Opportunity_in_evolving_cloud-based_environment_of_IoT_platforms\"><\/span>Opportunity in evolving cloud-based environment of IoT platforms<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>IoT is a technology that stores, manages, and analyzes data in real time. Cloud platforms provide a cost-effective and easily deployable alternative to building on-premises data centers. <\/p>\n\n\n\n<p>While IoT is all about connected devices that generate a large amount of data, cloud platforms allow analytics to extract value from that data. Cloud computing technologies enable smart office solution providers to connect workplace management systems installed in the control center to IoT-enabled devices. This capability will enable end users to quickly and affordably build an IoT-based sense and response system.<\/p>\n\n\n\n<p>The cloud platform is a secure platform for the storage and computation of large amounts of data. Furthermore, the cloud can provide a unified platform for managing the service life cycle and organizing deployment. <\/p>\n\n\n\n<p>The emergence of IoT<strong> Platform as a Service (PaaS)<\/strong> has increased the deployment opportunities for IoT solutions across the workplace infrastructure. <\/p>\n\n\n\n<p>The cloud platform can aid in the deployment of various applications that offer workplace management authorities new methods of connecting traditional information systems to IoT-enabled devices.<\/p>\n\n\n\n<p>(<a href=\"https:\/\/www.marketsandmarkets.com\/Market-Reports\/smart-connected-offices-market-254310598.html\">marketsandmarkets<\/a>)<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ones.software\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"571\" src=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png\" alt=\"\" class=\"wp-image-2850\" srcset=\"\/blog\/wp-content\/uploads\/2022\/12\/image-29-1024x571.png 1024w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-300x167.png 300w, \/blog\/wp-content\/uploads\/2022\/12\/image-29-768x428.png 768w, \/blog\/wp-content\/uploads\/2022\/12\/image-29.png 1101w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><\/a><figcaption class=\"wp-element-caption\">ONES &#8211; All-in-one smart office system<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Definition\"><\/span>Definition<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Space_occupancy\"><\/span>Space occupancy<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><em>occupied square footage\/total workspace square footage =&nbsp;<\/em><strong><em>space occupancy rate<\/em><\/strong><\/p>\n\n\n\n<p>Simply divide the occupied floor space by the total floor space to determine the space occupancy rate (this means excluding restrooms, pantries, and other non-workable areas, but includes meeting rooms).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Space_utilization\"><\/span>Space utilization<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><em>occupancy\/ capacity = <strong>space utilization rate<\/strong><\/em><\/p>\n\n\n\n<p>Space utilization is your building\u2019s occupancy divided by its capacity. It is seen by how frequently workers use a specific area. <\/p>\n\n\n\n<p>Utilization can be both a static and a dynamic metric. For instance, you may assess how well a room is being used right now or over the course of a few days, weeks, months, or even hours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All you need to know about smart office statistics and trends.<\/p>\n","protected":false},"author":1,"featured_media":2789,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[150],"tags":[787,371,176,267,118,126,277,773,763,788,758,89,793,42,201,656,655,153,480,792,790,762,789,783],"class_list":["post-1308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-smart-office-statistics","tag-data-visualization","tag-digital-transformation","tag-hot-desking-2","tag-hybrid-work","tag-hybrid-working","tag-meeting-room","tag-office-data","tag-office-design","tag-office-management","tag-office-systems","tag-office-technology","tag-remote-work","tag-smart-buildings","tag-smart-office","tag-smart-office-fact","tag-smart-office-furniture","tag-smart-office-market-outlook","tag-smart-office-statistics","tag-smart-office-technology","tag-technology-adoption","tag-workplace-innovation","tag-workplace-productivity","tag-workplace-solutions","tag-workplace-trends"],"_links":{"self":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts\/1308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/comments?post=1308"}],"version-history":[{"count":32,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts\/1308\/revisions"}],"predecessor-version":[{"id":3454,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/posts\/1308\/revisions\/3454"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/media\/2789"}],"wp:attachment":[{"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/media?parent=1308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/categories?post=1308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ones.software\/blog\/wp-json\/wp\/v2\/tags?post=1308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}