Smart Space Market

Global Smart Space Market Size, Trends & Analysis - Forecasts to 2029 By Type (Solutions and Services), By End User (Commercial and Residential), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on October 3 2024 with the latest and most recent market numbers

Global Smart Space Market Size

The global smart space market is projected to grow at a CAGR of 18.5% from 2024 to 2029.

The market for smart spaces is expanding due to a number of major factors, such as the integration of IoT in smart spaces and smart space technology improvements. Smart building systems and smart home solutions are cutting-edge, offering consumers improved convenience, energy economy, and security. The integration of AI in smart spaces facilitates real-time modifications and predictive maintenance, hence increasing their adoption. Smart environment sensors and smart lighting systems make environments more responsive and energy-efficient, which is important for home and business applications.

Smart office marketplaces and digital workspace solutions are transforming business operations. Connected spaces and smart space automation simplify operations, boost productivity, and promote employee well-being. Smart space management systems provide optimal space usage and cost savings, meeting the growing demand for flexible and adaptive work environments. The introduction of smart space analytics provides significant insights into space consumption patterns, which drives continual development and innovation in the workplace. Furthermore, smart space integration ensures smooth connectivity between different systems, resulting in cohesive and efficient settings.

According to the smart space market trends urban development also contributes significantly to the growth of the smart space industry, with smart city infrastructure manufacturing leading the way. Space optimization technologies and smart space applications are critical for properly managing urban resources, decreasing traffic congestion, and improving the quality of life for city residents. Various pilot projects and large-scale implementations around the world demonstrate a focus on smart space innovation. As these technologies advance, the smart space market is expected to grow exponentially, fueled by market trends that highlight increased investment in smart solutions and rising demand for sustainable and intelligent building systems.

However, the high initial cost of integrating smart space technology is a significant barrier. This includes the costs involved with smart home solutions, intelligent building systems, and smart office markets, which can be prohibitively expensive for small enterprises and individuals, limiting the overall growth of the market.

global smart space market

Global Smart Space Market: By Type

The solutions segment is expected to hold the largest share of the market. The segment's growth is due to its comprehensive approach to providing integrated solutions that address a wide range of demands across smart homes, offices, and cities. These solutions combine various technologies, including smart home systems, intelligent building management, and IoT integration, to provide end users with comprehensive, ready-to-deploy solutions that cover numerous areas of smart space management and optimization.

The services segment is expected to be the fastest-growing segment in the market from 2024 to 2029. The growth is due to the rising need for maintenance and customization services. As smart space technologies advance, businesses and consumers demand specialized installation, maintenance, and optimization assistance. This demand is met by service providers who offer consultancy, maintenance, and managed services, which drive growth by assuring seamless operation, improving capacities, and adapting solutions to changing technological and operational requirements.

Global Smart Space Market: By End User

The residential segment is anticipated to be the fastest-growing segment in the market from 2024 to 2029 as consumer awareness and acceptance of smart home solutions increases. Convenience, energy efficiency, and increased security drive demand among homeowners. Advances in IoT devices, smart appliances, and home automation systems all contribute to this trend, providing more personalized and connected living experiences. Furthermore, lower prices and increased product availability make smart home technology more accessible to a larger user base.

The commercial segment is anticipated to hold the largest share of the market. The growth is due to wide application of smart technologies in workplaces, retail spaces, and healthcare facilities. These facilities greatly benefit from smart technology that improves operational efficiency, occupant comfort, and energy management. The scalability of commercial solutions, along with the potential for significant cost reductions, promotes substantial investment and adoption in this industry.

asia pacific smart space market

Global Smart Space Market: By Region

North America is expected to be the largest region in the market. The primary reasons boosting the market growth in this region include substantial investment in smart city programs, extensive acceptance of IoT solutions, and a mature IT ecosystem. Furthermore, strong consumer awareness, supportive legislative frameworks, and significant investments by key industry players are driving the expansion of smart spaces in North America's residential, commercial, and public sectors.

Asia Pacific is predicted to witness rapid growth during the forecast period. The regional market growth is attributed to the increasing urbanization, population expansion, and rising disposable incomes. Governments in China, India, and Japan are encouraging smart city programs, which are accelerating the implementation of smart technologies in urban infrastructure. Furthermore, increased investment in IoT, AI, and digital transformation across sectors contributes to the region's rapid market expansion.

Global Smart Space Market Share and Competitor Analysis

ABB Ltd, Siemens AG, Adappt Intelligence Inc., Spacewell Faseas (Nemetschek Group), Cisco Systems Inc., ICONICS Inc., Ubisense Limited, Hitachi Vantara Corporation, SmartSpace Software PLC, and Microsoft Corporation., among others, are some of the key players operating in the global smart space market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Smart Space Market: Recent Developments

In May 2024, Siemens introduced a ground-breaking advancement in automation technology with the launch of the Simatic Workstation at Automate 2024. This new solution integrates multiple hardware control points into a single, software-based workstation, marking a shift towards Information Technology (IT) workflows in Operational Technology (OT) environments.

In January 2024, ICONICS unveiled its new headquarters, which was designed as a smart digital workspace, marking a significant upgrade from its previous office. Located conveniently close to the old site in Foxborough, Massachusetts, the new facility emphasizes modern work environments and advanced technology integration. The office features an open floor plan without assigned spaces, promoting flexibility and collaboration among employees.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2        Adjacent Market Opportunities

3.1.3        Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1        Market Drivers: Impact Analysis

3.2.2        Market Restraints: Impact Analysis

3.2.3        Market Opportunities: Impact Analysis

3.2.4        Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1        Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2        SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL SMART SPACE MARKET, BY TYPE

4.1   Introduction

4.2   Smart Space Market: Type Scope Key Takeaways

4.3   Revenue Growth Analysis, 2023 & 2029

4.4   Solutions

4.4.1        Solutions Market Estimates and Forecast, 2021-2029 (USD Million)

4.5   Services

4.5.1        Services Market Estimates and Forecast, 2021-2029 (USD Million)

5          GLOBAL SMART SPACE MARKET, BY END USER

5.1   Introduction

5.2   Smart Space Market: End User Scope Key Takeaways

5.3   Revenue Growth Analysis, 2023 & 2029

5.4   Commercial

5.4.1        Commercial Market Estimates and Forecast, 2021-2029 (USD Million)

5.5   Residential

5.5.1        Residential Market Estimates and Forecast, 2021-2029 (USD Million)

6          GLOBAL SMART SPACE MARKET, BY REGION

6.1   Introduction

6.2   North America Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.1        By Type

6.2.2        By End User

6.2.3        By Country

6.2.3.1     U.S. Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.1.1        By Type

6.2.3.1.2        By End User

6.2.3.2     Canada Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.2.1        By Type

6.2.3.2.2        By End User

6.2.3.3     Mexico Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.2.3.3.1        By Type

6.2.3.3.2        By End User

6.3   Europe Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.1        By Type

6.3.2        By End User

6.3.3        By Country

6.3.3.1     Germany Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.1.1        By Type

6.3.3.1.2        By End User

6.3.3.2     U.K. Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.2.1        By Type

6.3.3.2.2        By End User

6.3.3.3     France Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.3.1        By Type

6.3.3.3.2        By End User

6.3.3.4     Italy Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.4.1        By Type

6.3.3.4.2        By End User

6.3.3.5     Spain Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.5.1        By Type

6.3.3.5.2        By End User

6.3.3.6     Netherlands Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Type

6.3.3.6.2        By End User

6.3.3.7     Rest of Europe Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.3.3.6.1        By Type

6.3.3.6.2        By End User

6.4   Asia Pacific Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.1        By Type

6.4.2        By End User

6.4.3        By Country

6.4.3.1     China Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.1.1        By Type

6.4.3.1.2        By End User

6.4.3.2     Japan Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.2.1        By Type

6.4.3.2.2        By End User

6.4.3.3     India Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.3.1        By Type

6.4.3.3.2        By End User

6.4.3.4     South Korea Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.4.1        By Type

6.4.3.4.2        By End User

6.4.3.5     Singapore Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.5.1        By Type

6.4.3.5.2        By End User

6.4.3.6     Malaysia Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Type

6.4.3.6.2        By End User

6.4.3.7     Thailand Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.6.1        By Type

6.4.3.6.2        By End User

6.4.3.8     Indonesia Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.7.1        By Type

6.4.3.7.2        By End User

6.4.3.9     Vietnam Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.8.1        By Type

6.4.3.8.2        By End User

6.4.3.10  Taiwan Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.10.1 By Type

6.4.3.10.2 By End User

6.4.3.11  Rest of Asia Pacific Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.4.3.11.1 By Type

6.4.3.11.2 By End User

6.5   Middle East and Africa Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.1        By Type

6.5.2        By End User

6.5.3        By Country

6.5.3.1     Saudi Arabia Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.1.1        By Type

6.5.3.1.2        By End User

6.5.3.2     U.A.E. Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.2.1        By Type

6.5.3.2.2        By End User

6.5.3.3     Israel Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.3.1        By Type

6.5.3.3.2        By End User

6.5.3.4     South Africa Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.4.1        By Type

6.5.3.4.2        By End User

6.5.3.5     Rest of Middle East and Africa Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.5.3.5.1        By Type

6.5.3.5.2        By End User

6.6   Central and South America Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.1        By Type

6.6.2        By End User

6.6.3        By Country

6.6.3.1     Brazil Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.1.1        By Type

6.6.3.1.2        By End User

6.6.3.2     Argentina Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.2.1        By Type

6.6.3.2.2        By End User

6.6.3.3     Chile Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Type

6.6.3.3.2        By End User

6.6.3.3     Rest of Central and South America Smart Space Market Estimates and Forecast, 2021-2029 (USD Million)

6.6.3.3.1        By Type

6.6.3.3.2        By End User

7          COMPETITIVE LANDCAPE

7.1   Company Market Share Analysis

7.2   Four Quadrant Positioning Matrix

7.2.1        Market Leaders

7.2.2        Market Visionaries

7.2.3        Market Challengers

7.2.4        Niche Market Players

7.3   Vendor Landscape

7.3.1        North America

7.3.2        Europe

7.3.3        Asia Pacific

7.3.4        Rest of the World

7.4   Company Profiles  

7.4.1        ABB Ltd

7.4.1.1 Business Description & Financial Analysis

7.4.1.2 SWOT Analysis

7.4.1.3 Products & Services Offered

7.4.1.4 Strategic Alliances between Business Partners

7.4.2        Siemens AG

7.4.2.1 Business Description & Financial Analysis

7.4.2.2 SWOT Analysis

7.4.2.3 Products & Services Offered

7.4.2.4 Strategic Alliances between Business Partners

7.4.3        Adappt Intelligence Inc.

7.4.3.1 Business Description & Financial Analysis

7.4.3.2 SWOT Analysis

7.4.3.3 Products & Services Offered

7.4.3.4 Strategic Alliances between Business Partners

7.4.4        Spacewell Faseas (Nemetschek Group)

7.4.4.1 Business Description & Financial Analysis

7.4.4.2 SWOT Analysis

7.4.4.3 Products & Services Offered

7.4.4.4 Strategic Alliances between Business Partners

7.4.5        Cisco Systems Inc.

7.4.5.1 Business Description & Financial Analysis

7.4.5.2 SWOT Analysis

7.4.5.3 Products & Services Offered

7.4.5.4 Strategic Alliances between Business Partners

7.4.6        ICONICS Inc.

7.4.6.1 Business Description & Financial Analysis

7.4.6.2 SWOT Analysis

7.4.6.3 Products & Services Offered

7.4.6.4 Strategic Alliances between Business Partners

7.4.7        Ubisense Limited  

7.4.7.1 Business Description & Financial Analysis

7.4.7.2 SWOT Analysis

7.4.7.3 Products & Services Offered

7.4.7.4 Strategic Alliances between Business Partners

7.4.8        Hitachi Vantara Corporation

7.4.8.1 Business Description & Financial Analysis

7.4.8.2 SWOT Analysis

7.4.8.3 Products & Services Offered

7.4.8.4 Strategic Alliances between Business Partners

7.4.9        SmartSpace Software PLC

7.4.9.1 Business Description & Financial Analysis

7.4.9.2 SWOT Analysis

7.4.9.3 Products & Services Offered

7.4.9.4 Strategic Alliances between Business Partners

7.4.10      Microsoft Corporation

7.4.10.1 Business Description & Financial Analysis

7.4.10.2 SWOT Analysis

7.4.10.3 Products & Services Offered

7.4.10.4 Strategic Alliances between Business Partners

7.4.11      Other Companies

7.4.11.1 Business Description & Financial Analysis

7.4.11.2 SWOT Analysis

7.4.11.3 Products & Services Offered

7.4.11.4 Strategic Alliances between Business Partners

8          RESEARCH METHODOLOGY

8.1   Market Introduction

8.1.1        Market Definition

8.1.2        Market Scope & Segmentation

8.2   Information Procurement

8.2.1        Secondary Research

8.2.1.1 Purchased Databases

8.2.1.2 GMEs Internal Data Repository

8.2.1.3 Secondary Resources & Third Party Perspectives

8.2.1.4 Company Information Sources

8.2.2        Primary Research

8.2.2.1 Various Types of Respondents for Primary Interviews

8.2.2.2 Number of Interviews Conducted throughout the Research Process

8.2.2.3 Primary Stakeholders

8.2.2.4 Discussion Guide for Primary Participants

8.2.3        Expert Panels

8.2.3.1 Expert Panels Across 30+ Industry

8.2.4        Paid Local Experts

8.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

8.3   Market Estimation

8.3.1        Top-Down Approach

8.3.1.1 Macro-Economic Indicators Considered

8.3.1.2 Micro-Economic Indicators Considered

8.3.2        Bottom Up Approach

8.3.2.1 Company Share Analysis Approach

8.3.2.2 Estimation of Potential Product Sales

8.4   Data Triangulation

8.4.1        Data Collection

8.4.2        Time Series, Cross Sectional & Panel Data Analysis

8.4.3        Cluster Analysis

8.5   Analysis and Output

8.5.1        Inhouse AI Based Real Time Analytics Tool

8.5.2        Output From Desk & Primary Research

8.6   Research Assumptions & Limitations

8.6.1        Research Assumptions

8.6.2        Research Limitations

LIST OF TABLES

1 Global Smart Space Market, By Type, 2021-2029 (USD Million)

2 Solutions Market, By Region, 2021-2029 (USD Million)       

3 Services Market, By Region, 2021-2029 (USD Million)          

4 Global Smart Space Market, By End User, 2021-2029 (USD Million)            

5 Commercial Market, By Region, 2021-2029 (USD Million)  

6 Residential Market, By Region, 2021-2029 (USD Million)

7 Regional Analysis, 2021-2029 (USD Million)              

8 North America Smart Space Market, By Type, 2021-2029 (USD Million)

9 North America Smart Space Market, By End User, 2021-2029 (USD Million)

10 North America Smart Space Market, By COUNTRY, 2021-2029 (USD Million)

11 U.S. Smart Space Market, By Type, 2021-2029 (USD Million)

12 U.S. Smart Space Market, By End User, 2021-2029 (USD Million)

13 Canada Smart Space Market, By Type, 2021-2029 (USD Million)      

14 Canada Smart Space Market, By End User, 2021-2029 (USD Million)           

15 Mexico Smart Space Market, By Type, 2021-2029 (USD Million)

16 Mexico Smart Space Market, By End User, 2021-2029 (USD Million)            

17 Europe Smart Space Market, By Type, 2021-2029 (USD Million)      

18 Europe Smart Space Market, By End User, 2021-2029 (USD Million)           

19 Europe Smart Space Market, By Country, 2021-2029 (USD Million)             

20 Germany Smart Space Market, By Type, 2021-2029 (USD Million)   

21 Germany Smart Space Market, By End User, 2021-2029 (USD Million)        

22 U.K. Smart Space Market, By Type, 2021-2029 (USD Million)

23 U.K. Smart Space Market, By End User, 2021-2029 (USD Million)

24 France Smart Space Market, By Type, 2021-2029 (USD Million)

25 France Smart Space Market, By End User, 2021-2029 (USD Million)           

26 Italy Smart Space Market, By Type, 2021-2029 (USD Million)

27 Italy Smart Space Market, By End User, 2021-2029 (USD Million)

28 Spain Smart Space Market, By Type, 2021-2029 (USD Million)

29 Spain Smart Space Market, By End User, 2021-2029 (USD Million)

30 Netherlands Smart Space Market, By Type, 2021-2029 (USD Million)

31 Netherlands Smart Space Market, By End User, 2021-2029 (USD Million)

32 Rest Of Europe Smart Space Market, By Type, 2021-2029 (USD Million)

33 Rest Of Europe Smart Space Market, By End User, 2021-2029 (USD Million)

34 Asia Pacific Smart Space Market, By Type, 2021-2029 (USD Million)

35 Asia Pacific Smart Space Market, By End User, 2021-2029 (USD Million)

36 Asia Pacific Smart Space Market, By Country, 2021-2029 (USD Million)

37 China Smart Space Market, By Type, 2021-2029 (USD Million)

38 China Smart Space Market, By End User, 2021-2029 (USD Million)

39 Japan Smart Space Market, By Type, 2021-2029 (USD Million)

40 Japan Smart Space Market, By End User, 2021-2029 (USD Million)

41 India Smart Space Market, By Type, 2021-2029 (USD Million)

42 India Smart Space Market, By End User, 2021-2029 (USD Million)

43 South Korea Smart Space Market, By Type, 2021-2029 (USD Million)

44 South Korea Smart Space Market, By End User, 2021-2029 (USD Million)

45 Singapore Smart Space Market, By Type, 2021-2029 (USD Million)

46 Singapore Smart Space Market, By End User, 2021-2029 (USD Million)

47 Thailand Smart Space Market, By Type, 2021-2029 (USD Million)   

48 Thailand Smart Space Market, By End User, 2021-2029 (USD Million)        

49 Malaysia Smart Space Market, By Type, 2021-2029 (USD Million)  

50 Malaysia Smart Space Market, By End User, 2021-2029 (USD Million)       

51 Indonesia Smart Space Market, By Type, 2021-2029 (USD Million)

52 Indonesia Smart Space Market, By End User, 2021-2029 (USD Million)

53 Vietnam Smart Space Market, By Type, 2021-2029 (USD Million)     

54 Vietnam Smart Space Market, By End User, 2021-2029 (USD Million)          

55 Taiwan Smart Space Market, By Type, 2021-2029 (USD Million)       

56 Taiwan Smart Space Market, By End User, 2021-2029 (USD Million)            

57 Rest of APAC Smart Space Market, By Type, 2021-2029 (USD Million)

58 Rest of APAC Smart Space Market, By End User, 2021-2029 (USD Million)

59 Middle East and Africa Smart Space Market, By Type, 2021-2029 (USD Million)   

60 Middle East and Africa Smart Space Market, By End User, 2021-2029 (USD Million)

61 Middle East and Africa Smart Space Market, By Country, 2021-2029 (USD Million)

62 Saudi Arabia Smart Space Market, By Type, 2021-2029 (USD Million)

63 Saudi Arabia Smart Space Market, By End User, 2021-2029 (USD Million)

64 UAE Smart Space Market, By Type, 2021-2029 (USD Million)

65 UAE Smart Space Market, By End User, 2021-2029 (USD Million)

66 Israel Smart Space Market, By Type, 2021-2029 (USD Million)

67 Israel Smart Space Market, By End User, 2021-2029 (USD Million)             

68 South Africa Smart Space Market, By Type, 2021-2029 (USD Million)

69 South Africa Smart Space Market, By End User, 2021-2029 (USD Million)

70 Rest Of Middle East and Africa Smart Space Market, By Type, 2021-2029 (USD Million)  

71 Rest Of Middle East and Africa Smart Space Market, By End User, 2021-2029 (USD Million)       

72 Central and  South America Smart Space Market, By Type, 2021-2029 (USD Million)

73 Central and South America Smart Space Market, By End User, 2021-2029 (USD Million)              

74 Central and South America Smart Space Market, By Country, 2021-2029 (USD Million)

75 Brazil Smart Space Market, By Type, 2021-2029 (USD Million)

76 Brazil Smart Space Market, By End User, 2021-2029 (USD Million)             

77 Chile Smart Space Market, By Type, 2021-2029 (USD Million)

78 Chile Smart Space Market, By End User, 2021-2029 (USD Million)

79 Argentina Smart Space Market, By Type, 2021-2029 (USD Million)

80 Argentina Smart Space Market, By End User, 2021-2029 (USD Million)

81 Rest Of Central and South America Smart Space Market, By Type, 2021-2029 (USD Million)        

82 Rest Of Central and South America Smart Space Market, By End User, 2021-2029 (USD Million)       

83 ABB Ltd: Products & Services Offering        

84 Siemens AG: Products & Services Offering

85 Adappt Intelligence Inc.: Products & Services Offering   

86 Spacewell Faseas (Nemetschek Group): Products & Services Offering  

87 Cisco Systems Inc.: Products & Services Offering

88 ICONICS INC.: Products & Services Offering              

89 Ubisense Limited : Products & Services Offering  

90 Hitachi Vantara Corporation: Products & Services Offering        

91 SmartSpace Software PLC, Inc: Products & Services Offering     

92 Microsoft Corporation: Products & Services Offering   

93 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Smart Space Market Overview

2 Global Smart Space Market Value From 2021-2029 (USD Million)

3 Global Smart Space Market Share, By Type (2023)

4 Global Smart Space Market Share, By End User (2023)

5 Global Smart Space Market, By Region (Asia Pacific Market)

6 Technological Trends In Global Smart Space Market

7 Four Quadrant Competitor Positioning Matrix

8 Impact Of Macro & Micro Indicators On The Market

9 Impact Of Key Drivers On The Global Smart Space Market

10 Impact Of Challenges On The Global Smart Space Market

11 Porter’s Five Forces Analysis

12 Global Smart Space Market: By Type Scope Key Takeaways

13 Global Smart Space Market, By Type Segment: Revenue Growth Analysis

14 Solutions Market, By Region, 2021-2029 (USD Million)

15 Services Market, By Region, 2021-2029 (USD Million)

16 Global Smart Space Market: By End User Scope Key Takeaways

17 Global Smart Space Market, By End User Segment: Revenue Growth Analysis

18 Commercial Market, By Region, 2021-2029 (USD Million)     

19 Residential Market, By Region, 2021-2029 (USD Million)

20 Regional Segment: Revenue Growth Analysis

21 Global Smart Space Market: Regional Analysis

22 North America Smart Space Market Overview

23 North America Smart Space Market, By Type

24 North America Smart Space Market, By End User

25 North America Smart Space Market, By Country

26 U.S. Smart Space Market, By Type

27 U.S. Smart Space Market, By End User

28 Canada Smart Space Market, By Type

29 Canada Smart Space Market, By End User

30 Mexico Smart Space Market, By Type

31 Mexico Smart Space Market, By End User

32 Four Quadrant Positioning Matrix

33 Company Market Share Analysis

34 ABB Ltd: Company Snapshot

35 ABB Ltd: SWOT Analysis

36 ABB Ltd: Geographic Presence

37 Siemens AG: Company Snapshot

38 Siemens AG: SWOT Analysis

39 Siemens AG: Geographic Presence

40 Adappt Intelligence Inc.: Company Snapshot

41 Adappt Intelligence Inc.: SWOT Analysis

42 Adappt Intelligence Inc.: Geographic Presence

43 Spacewell Faseas (Nemetschek Group): Company Snapshot

44 Spacewell Faseas (Nemetschek Group): Swot Analysis

45 Spacewell Faseas (Nemetschek Group): Geographic Presence

46 Cisco Systems Inc.: Company Snapshot

47 Cisco Systems Inc.: SWOT Analysis

48 Cisco Systems Inc.: Geographic Presence

49 ICONICS Inc.: Company Snapshot

50 ICONICS Inc.: SWOT Analysis

51 ICONICS Inc.: Geographic Presence

52 Ubisense Limited : Company Snapshot

53 Ubisense Limited : SWOT Analysis

54 Ubisense Limited : Geographic Presence

55 Hitachi Vantara Corporation: Company Snapshot

56 Hitachi Vantara Corporation: SWOT Analysis

57 Hitachi Vantara Corporation: Geographic Presence

58 SmartSpace Software PLC, Inc.: Company Snapshot

59 SmartSpace Software PLC, Inc.: SWOT Analysis

60 SmartSpace Software PLC, Inc.: Geographic Presence

61 Microsoft Corporation: Company Snapshot

62 Microsoft Corporation: SWOT Analysis

63 Microsoft Corporation: Geographic Presence

64 Other Companies: Company Snapshot

65 Other Companies: SWOT Analysis

66 Other Companies: Geographic Presence

The Global Smart Space Market has been studied from the year 2019 till 2029. However, the CAGR provided in the report is from the year 2024 to 2029. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Smart Space Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Smart Space Market.

Smart Space Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Smart Space Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Smart Space Market Share

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy
You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The global smart space market is projected to grow at a CAGR of 18.5% from 2024 to 2029.
ABB Ltd, Siemens AG, Adappt Intelligence Inc., Spacewell Faseas (Nemetschek Group), Cisco Systems Inc., ICONICS Inc., Ubisense Limited, Hitachi Vantara Corporation, SmartSpace Software PLC, and Microsoft Corporation., among others, are some of the key players operating in the global smart space market.
Opportunities in the global smart space market include advancements in AI for enhanced automation, integration with IoT for seamless connectivity, personalized user experiences, smart city developments, and energy-efficient solutions.
The advancements in IoT and AI technologies, increasing demand for efficient space utilization, rising adoption of smart devices, enhanced urban infrastructure, growing need for energy-efficient solutions, and increased focus on sustainability and smart city initiatives are the major drivers for global smart space market growth.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius