The global smart space market size reached USD 13.19 Billion in 2020 and is expected to register a revenue CAGR of 17.9% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for green buildings due to environmental concerns and increasing urban population are factors projected to support market revenue growth between 2021 and 2030. In addition, increasing demand for smart technology in public spaces will boost revenue growth of the market going ahead. The use of smart devices in public settings has increased steadily globally. Smart shops, parks, transport networks, hospitals, stadiums, and restaurants are some of the application areas that have been turned into smart environments. The use of smart technology at such locations is expected to gain traction over time and is a factor expected to drive revenue growth of the global smart space market.
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Covid
19 impact analysis:
The new report titled ‘Global Smart
Space Market’, published by Reports and Data, is methodically curated by our
team of analysts, keeping readers’ understanding in mind, and includes a
wide-ranging database of industry distribution. The report takes a closer look
at the historical and current market scenarios to accurately predict the global
Smart Space market outlook over the forecast duration (2019-2027). Researchers
have taken a holistic approach towards the global market analysis and
highlighted the factors that influence the overall growth of the market. The
study involves the use of efficient analytical tools like SWOT analysis and
Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and
threats associated with the growth of the various market segments
Major
companies profiled in the market report include
ABB Ltd., Cisco Systems Inc., Siemens AG, Huawei Technologies
Co. Ltd., SmartSpace Software Plc, Hitachi Vantara Corp., Iconics Inc., Smarten
Space, Softweb Solution Inc., and Ubisense Group Plc.
Research objectives:
·
Chapter 1 includes an introduction of the global
Smart Space market, along with a comprehensive market overview, market scope,
product offerings, and an investigation of the market drivers, growth
opportunities, risks, restraints, and other vital factors.
·
Chapter 2 offers an in-depth analysis of the key
manufacturers engaged in this business vertical, along with their sales and
revenue estimations.
·
Chapter 3 elaborates on the highly competitive
terrain of the market, highlighting the key manufacturers and vendors.
·
In Chapter 4, our team has fragmented the market
on the basis of regions, underscoring the sales, revenue, and market share of
each region over the forecast timeline.
·
Chapters 5 and 6 have laid emphasis on the
market segmentation based on product type and application.
Continue….
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access to the full description of the report @ https://www.emergenresearch.com/industry-report/smart-space-market
Emergen Research has segmented the global smart space market on
the basis of type, component, application, end-use, and region:
Type
Outlook (Revenue, USD Billion; 2018–2028)
·
Smart Indoor Space
·
Smart Outdoor Space
Component
Outlook (Revenue, USD Billion; 2018–2030)
·
Solutions
·
Services
Application
Outlook (Revenue, USD Billion; 2018–2030)
·
Energy Management and Optimization
·
Emergency Management
·
Security Management
·
Layout and Space Management
End-Use
Outlook (Revenue, USD Billion; 2018–2030)
·
Residential
·
Commercial
1.
Utility
2.
Transportation & Logistic
3.
Retail
4.
Manufacturing
5.
Government
6.
Healthcare
7.
Education
8.
Others
Regional
Outlook:
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
.Key
Objectives of the Global Computational Biology Market Report:
·
The report highlights the latest trends
observed in the consumption pattern of each regional segment.
·
Extensive market segmentation
included in the report helps better understand the revenue and estimated growth
of the individual regions.
·
The report throws light on the
historical and current market scenarios and provides a concise year-on-year
growth rate of the global Smart Space market.
The report further entails the current market trends, technological
advancements, revenue growth, and other aspects affecting market growth
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About Emergen Research :
Emergen
Research is a market research and consulting company that provides syndicated
research reports, customized research reports, and consulting services. Our
solutions purely focus on your purpose to locate, target, and analyze consumer
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our research offerings to ensure our clients are aware of the latest trend’s
existent in the market. Emergen Research has a strong base of experienced
analysts from varied areas of expertise. Our industry experience and ability to
develop a concrete solution to any research problems provides our clients with
the ability to secure an edge over their respective competitors.
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