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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279780

PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279780

Global Smart Space Market Size study & Forecast, by Component by Application, by Premises Type and Regional Analysis, 2022-2029

PUBLISHED: May 13, 2023

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DELIVERY TIME: 2-3 business days

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Global Smart Space Market is valued approximately USD 10.36 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.58% over the forecast period 2022-2029. Smart space refers to a physical environment that is equipped with various technologies and sensors that can gather and analyze data about the space and its occupants in real-time. These technologies can include things like smart sensors, cameras, connected devices, and other Internet of Things (IoT) devices. The Smart Space market is expanding because of factors such as rising Proliferation of IoT, Green building initiatives and Increasing environmental concerns.

According to Statista, in year 2019 the Technology spending on smart city initiatives worldwide stood at USD 104.3 billion which increased to USD 158 billion in year 2022 and it is projected to reach at USD 189.5 billion by year ending 2023. Thus rising spending on development of smart cities across the world is driving the market growth. Furthermore, from the same source it has been found that there has been rise in adoption of level of green building activity in construction industry, in year 2018 the share of green building activities stood at 27% which increases to around 47% in year 2021, as a result rise in level of green building activities. Thus rising adoption of green building projects across the globe is fostering the market growth. In addition, government initiatives for smart cities, emerging 5g technology to enhance connectivity and rising urban population. However, the high cost of Smart Space stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Smart Space Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of key market players, rising technological advancements, rising adoption of green buildings. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising smart cities initiatives, rising development of green building and rising investment for development of technologies in the region.

Major market players included in this report are:

ABB Ltd
Siemens AG
Adappt Intelligence Inc.
Spacewell Faseas (Nemetschek Group)
Cisco Systems Inc.
ICONICS Inc.
Ubisense Limited
Hitachi Vantara Corporation
SmartSpace Software PLC
Microsoft Corporation

Recent Developments in the Market:

In October 2022, Huawei unveiled its intelligent connection solutions for scenarios. These solutions include intelligent campus networks, intelligent premium private lines, intelligent distributed access solutions for residences, and intelligent cloud network solutions for businesses. These solutions will quicken the pace of the digital transformation in all sectors.

Global Smart Space Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Application, Premises Type, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Componentofferings of key players. The detailed segments and sub-segment of the market are explained below.

By Component:

Solution
Services

By Application:

Energy Management and Optimization
Emergency Management
Security Management
Others

By Premises Type:

Commercial
Residential
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Smart Space Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Smart Space Market, by Component, 2019-2029 (USD Billion)
- 1.2.3. Smart Space Market, by Application, 2019-2029 (USD Billion)
- 1.2.4. Smart Space Market, by Premises Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Smart Space Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Smart Space Market Dynamics

3.1. Smart Space Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Proliferation of IoT
  - 3.1.1.2. Green building initiatives
  - 3.1.1.3. Increasing environmental concerns
- 3.1.2. Market Challenges
  - 3.1.2.1. High initial capital expenditure
- 3.1.3. Market Opportunities
  - 3.1.3.1. Government initiatives for smart cities
  - 3.1.3.2. Emerging 5G technology to enhance connectivity
  - 3.1.3.3. Rising urban population

Chapter 4. Global Smart Space Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Smart Space Market, by Component

6.1. Market Snapshot
6.2. Global Smart Space Market by Component, Performance - Potential Analysis
6.3. Global Smart Space Market Estimates & Forecasts by Component 2019-2029 (USD Billion)
6.4. Smart Space Market, Sub Segment Analysis
- 6.4.1. Solutions
- 6.4.2. Services

Chapter 7. Global Smart Space Market, by Application

7.1. Market Snapshot
7.2. Global Smart Space Market by Application, Performance - Potential Analysis
7.3. Global Smart Space Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Smart Space Market, Sub Segment Analysis
- 7.4.1. Energy Management and Optimization
- 7.4.2. Emergency Management
- 7.4.3. Security Management
- 7.4.4. Others

Chapter 8. Global Smart Space Market, by Premises Type

8.1. Market Snapshot
8.2. Global Smart Space Market by Premises Type, Performance - Potential Analysis
8.3. Global Smart Space Market Estimates & Forecasts by Premises Type 2019-2029 (USD Billion)
8.4. Smart Space Market, Sub Segment Analysis
- 8.4.1. Commercial
- 8.4.2. Residential
- 8.4.3. Others

Chapter 9. Global Smart Space Market, Regional Analysis

9.1. Smart Space Market, Regional Market Snapshot
9.2. North America Smart Space Market
- 9.2.1. U.S. Smart Space Market
  - 9.2.1.1. Component breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Premises Type breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Smart Space Market
9.3. Europe Smart Space Market Snapshot
- 9.3.1. U.K. Smart Space Market
- 9.3.2. Germany Smart Space Market
- 9.3.3. France Smart Space Market
- 9.3.4. Spain Smart Space Market
- 9.3.5. Italy Smart Space Market
- 9.3.6. Rest of Europe Smart Space Market
9.4. Asia-Pacific Smart Space Market Snapshot
- 9.4.1. China Smart Space Market
- 9.4.2. India Smart Space Market
- 9.4.3. Japan Smart Space Market
- 9.4.4. Australia Smart Space Market
- 9.4.5. South Korea Smart Space Market
- 9.4.6. Rest of Asia Pacific Smart Space Market
9.5. Latin America Smart Space Market Snapshot
- 9.5.1. Brazil Smart Space Market
- 9.5.2. Mexico Smart Space Market
- 9.5.3. Rest of Latin America Smart Space Market
9.6. Rest of The World Smart Space Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. ABB Ltd
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Siemens AG
- 10.2.3. Adappt Intelligence Inc.
- 10.2.4. Spacewell Faseas (Nemetschek Group)
- 10.2.5. Cisco Systems Inc.
- 10.2.6. ICONICS Inc.
- 10.2.7. Ubisense Limited
- 10.2.8. Hitachi Vantara Corporation
- 10.2.9. SmartSpace Software PLC
- 10.2.10. Microsoft Corporation

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Smart Space Market, report scope
TABLE 2. Global Smart Space Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Smart Space Market estimates & forecasts by Component 2019-2029 (USD Billion)
TABLE 4. Global Smart Space Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Smart Space Market estimates & forecasts by Premises Type 2019-2029 (USD Billion)
TABLE 6. Global Smart Space Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Smart Space Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Smart Space Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Smart Space Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Smart Space Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Smart Space Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Smart Space Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Smart Space Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Smart Space Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Smart Space Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Smart Space Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Smart Space Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Smart Space Market
TABLE 71. List of primary sources, used in the study of global Smart Space Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Smart Space Market, research methodology
FIG 2. Global Smart Space Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Smart Space Market, key trends 2021
FIG 5. Global Smart Space Market, growth prospects 2022-2029
FIG 6. Global Smart Space Market, porters 5 force model
FIG 7. Global Smart Space Market, pest analysis
FIG 8. Global Smart Space Market, value chain analysis
FIG 9. Global Smart Space Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Smart Space Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Smart Space Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Smart Space Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Smart Space Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Smart Space Market, regional snapshot 2019 & 2029
FIG 15. North America Smart Space Market 2019 & 2029 (USD Billion)
FIG 16. Europe Smart Space Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Smart Space Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Smart Space Market 2019 & 2029 (USD Billion)
FIG 19. Global Smart Space Market, company Market share analysis (2021)