Dublin, May 10, 2023 (GLOBE NEWSWIRE) -- The "Global Smart Furniture Market by Product (Smart Chairs, Smart Desks, Smart Tables), Application (Commercial, Residential) - Cumulative Impact of High Inflation - Forecast 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The Global Smart Furniture Market is projected to grow with a significant CAGR in the forecast period. Economic development and substantial infrastructure development have constituted regional revenue generation.
Further, the patterns associated with domestic production, import and export, and consumption have helped market participants to analyze and capitalize on potential opportunities. Besides, the qualitative and quantitative parameters provided in the report with detailed analysis highlights the driving and restraining factors of the Global Smart Furniture Market.
Market Dynamics
Drivers
- Increasing Consumer Demand for Furnishings and Durable Home Appliances
- Growing Investment in Home Automation Solutions
- Availability of the Software to Create Smart Furniture and in Mini Towards Charging Tables
Restraints
- High Cost of Smart Furniture
Opportunities
- Adoption of Smart Office Furniture in Smes
- Integration of Modern Features into Smart Furniture
Challenges
- Compatibility Issues Associated With Smart Furniture
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.
Market Segmentation & Coverage:
- Based on Product, the market is studied across Smart Chairs, Smart Desks, and Smart Tables.
- Based on Application, the market is studied across Commercial and Residential.
- Based on Region, the market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes vendors in the Global Smart Furniture Market. based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Smart Furniture Market FPNV Positioning Matrix representation/visualization further aids businesses in better decision-making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The Global Smart Furniture Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various strategies for business growth adopted by the vendors. The news in this section covers valuable insights at various stages while keeping up with the business and engaging stakeholders in the economic debate. The Global Smart Furniture Market Competitive Scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected helps vendors understand the gaps in the marketplace and competitor's strengths and weaknesses, providing insights to enhance products and services.
The report answers questions such as:
1. What is the market size and forecast of the Global Smart Furniture Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Smart Furniture Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Smart Furniture Market?
4. What is the competitive strategic window for opportunities in the Global Smart Furniture Market?
5. What are the technology trends and regulatory frameworks in the Global Smart Furniture Market?
6. What is the market share of the leading vendors in the Global Smart Furniture Market?
7. What modes and strategic moves are considered suitable for entering the Global Smart Furniture Market?
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Smart Furniture Market, by Product
7. Smart Furniture Market, by Application
8. Americas Smart Furniture Market
9. Asia-Pacific Smart Furniture Market
10. Europe, Middle East & Africa Smart Furniture Market
11. Competitive Landscape
12. Company Usability Profiles
13. Appendix
Companies Mentioned
- Fonesalesman, LLC
- Herman Miller, Inc.
- Hi-Interiors Srl
- Inter Ikea Systems B.V.
- Milano Smart Living
- Modoola Limited
- Sleep Number Corporation
- Sobro by StoreBound LLC
- Steelcase Inc.
For more information about this report visit https://www.researchandmarkets.com/r/v9za36
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