The global smart office market is experiencing a huge surge, driven by demand for tech-enabled solutions for workspace design and management. Valued at $35 billion in 2023, it’s projected to grow at a CAGR of 12% over the next five years. Tech design Startups are at the forefront of this revolution, leveraging technologies like VR and cloud-based platforms to transform the traditional design-build approach.
These innovations offer significant benefits, including streamlining workspace design and management, optimizing budgets and timelines, and enhancing collaboration among stakeholders. For example, VR tools enable businesses to experience a digital twin of their future workspace, reducing design revisions by 30-40%. Cloud-based platforms provide real-time updates on layouts, project progress, and budgets, improving decision-making speed by up to 50%. Some startups report a 20-30% improvement in project efficiency through integrated solutions.
As businesses prioritize smart, sustainable, and cost-effective solutions, these technologies are paving the way for next-generation workspaces, adaptable to the evolving needs of modern enterprises.
Here are the top 5 startups revolutionizing the workspace design
Flipspaces :
Flipspaces is a Global Real Estate Expansion Management venture with End-to-end solutions for CUSTOMISED DESIGN and BUILD for Commercial Spaces. They have developed an in-house proprietary technology for VR-supported video walkthroughs (Link), a first in the industry and a proven game changer. It is instrumental in not only letting businesses visualize their site in advance but also critical for minimum variation in the estimated budget and timelines during the fit-out period. Apart from this, they also share the Client Application with your own username and password to check all the updates of your projects, be it your customized layouts, 3D Renders, Project Updates and more. For nearly a decade, they have successfully executed 700+ projects covering more than 7 Million Sq.Ft. space. Our cutting-edge technology, in-house manufacturing capabilities, tech-enabled project management & execution coupled with a huge team of qualified vendors – differentiate them from other competitors – as we deliver all services with supreme quality, quick turn-around time, and cost benefits.
Trezi
Provider of SaaS-based VR-based visualization solutions. Its platform provides users with features that include immersive design presentations, real-time design communication, collaborative design reviews, and VR-enabled coordination meetings.
SmartvizX
Provider of VR-based solutions for multiple businesses. It facilitates creating an interactive virtual environment to stimulate potential users into experiencing arenas and spaces that haven’t even been physically built like buildings, office desks.
PropVR
Provider of a cloud-driven virtual tour software for real estate professionals. It enables users to build VR tours using drag-and-drop tools and allows clients to visit multiple projects remotely. The company also provides 360 photography services, 3D floor plans, and virtual tour development services.