Technavio has been monitoring the smart furniture market and it is poised to grow by USD 244.21 mn during 2020-2024. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is concentrated, and the degree of concentration will decelerate during the forecast period. CARLO RATTI ASSOCIATI Srl, Desktronic LLC, Fonesalesman Ltd., Herman Miller Inc., Inter IKEA Systems BV, Milano Smart Living, Modoola Ltd., Ori Inc., Steelcase Inc., and StoreBound LLC are some of the major market participants. Although the increasing adoption of smart products will offer immense growth opportunities, lack of demand in developing countries will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing adoption of smart products has been instrumental in driving the growth of the market. However, lack of demand in developing countries might hamper market growth.
Smart Furniture Market 2020-2024 : Segmentation
Smart Furniture Market is segmented as below:
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Smart Furniture Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our smart furniture market report covers the following areas:
This study identifies rise in online retailing as one of the prime reasons driving the smart furniture market growth during the next few years.
Smart Furniture Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the smart furniture market, including some of the vendors such as CARLO RATTI ASSOCIATI Srl, Desktronic LLC, Fonesalesman Ltd., Herman Miller Inc., Inter IKEA Systems BV, Milano Smart Living, Modoola Ltd., Ori Inc., Steelcase Inc., and StoreBound LLC Backed with competitive intelligence and benchmarking, our research reports on the smart furniture market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Smart Furniture Market 2020-2024 : Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Customer Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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