As per our research report, the Global Smart Desk/Tables market size is estimated to be growing at a CAGR of 12.3% from 2023 to 2030.
A smart desk/table is a smart piece of furniture that offers various features and contributes to increased work efficiency. This includes smart desks with high-tech displays for efficient monitoring of work, intelligent system integration, smart coffee stand, wireless charging support, and others. Furthermore, increasing trends in smart office settings have raised the demand for smart desks with energy-efficient charging systems in the market. Furthermore, growing trends in smart home culture have attracted consumers to fully transform their workstations with smart desk capabilities.
Additionally, hectic working schedule and busy lifestyle have increased the usage of ergonomic smart desks that monitors working hours and alerts the user in cases of excessive working, thus promoting good and healthy work culture.
Moreover, increased demand from commercial settings such as offices for unique design smart desks such as smart desks with mirrors, calendars, colored and fancy smart desks, and smart charging ports, has further increased the market demand for smart desks/tables in the market.
The pandemic had a significant impact on the smart desk/table market. Due to the lockdown, several major industries witnessed a slowdown, which also affected the furniture industry and declined its market demand. Furthermore, supply chain disruptions halted the production of smart desks/tables, as the components and equipment required to build smart desks/tables witnessed shortage due to travel restrictions across geographical boundaries.
Furthermore, a shift in consumer budget, such as increased consumer preferences for necessary goods reduced the spending and demand on luxurious items, such as smart desks/tables. In addition, manufacturers of smart desks witnessed an increase in cost due to the deployment of high-end equipment in the desks/furniture. This may include smart sensors, voice or AI-enabled technology, wifi or internet integration, and others.
However, the lockdown increased digitization, which further led to an increase in remote working and a rise in demand for smart portable desks for working from home. This was purchased from online platforms, as online shopping facilitated contactless delivery and hygienic installation to consumers. Furthermore, smart desks with wireless charging options gained momentum in the later phase of the pandemic, as consumers increased their usage of electronic devices.
Post-pandemic, trends in ergonomic and AI-enabled desks witnessed an increase in demand in the market. These desks provide information regarding the working hours to the employer and then send an alarm to the employee if he/she is sitting for a long period. Furthermore, increasing demand for integration, induced manufacturers to develop smart desks with smart integration capabilities such as integration with other smart devices such as voice-enabled devices, fitness trackers (in the case of smart standing desks), and others.
The restraints to this market include the expensive price of furniture and compatibility issues with networks or other devices.
Based on market segmentation by distribution channels, home Centers hold the highest share of the market at about 24.5%. Home Centers offer various types of furniture to consumers based on their preferences. Further, the segment has gained popularity due to the rising disposable incomes of consumers and increasing demand for luxurious home pieces. Furthermore, the online segment is the fastest-growing segment during the forecast period. Due to services such as free installation, expert support, and faster delivery services, the segment has witnessed an increase in demand in the market.
Based on market segmentation by application, the commercial segment holds the highest share of the market at about 27%. It includes rising demand for smart desks/tables for setting up new workstations in offices. Moreover, trends in collaborative workspaces and improvements in office interior infrastructure have further increased the demand for smart desks/tables in the market.
Based on market segmentation by region, North America holds the highest share of about 32.8% in the market. The increase in the number of working professionals and rapid technological advancements in the furniture industry has contributed to the growth of smart desks/tables in the region. Moreover, smart home technologies such as voice-assistant and precision-controlled devices have further increased the demand for smart desks/tables in the region. Furthermore, Asia-Pacific is the fastest-growing region and is growing at a fast CAGR of 15.2% during the forecast period. The growth is attributed to growing residential and real estate business, rapid adoption of smart furniture by consumers, and rising trends in work-from-home culture.
Companies playing a leading role in the Global Smart Desk/Tables market profiled in this report are – Inter Ikea Systems B.V, Sleep Number Corporation, Sobro, Hi-Interiors srl, Modoola Limited Fonesalesman, Nitz Engineering GmbH, Eight Sleep, LLC Desktronik
Home Centers
Specialty Stores
Online
Others
Residential
Commercial
North America
Europe
Asia Pacific
Middle East & Africa
South America
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