A smart space includes digital as well as physical environment where humans and technology can interact with each other.
The smart space technology bridges the gap between humans and technology with connected devices and networks that further enhances connectedness and coordination therefore reduces extra human efforts and provides efficiency. Moreover, smart space solutions in numerous industries creates more engaging, flexible, and creative environment which results in overall production improvement of the industries. The smart spaces leverage technologies such as IoT connected devices, smart lighting equipment’s, surveillance cameras, sensors, and HVAC systems. These devices and systems thus combined create connected environment across smart spaces.
Factors such as proliferation of advanced technologies such as internet of things (IoT) and artificial intelligence (AI) are driving the growth of smart spaces market. In addition, rising greenfield projects and increasing environmental concerns across the globe is also expected to boost the market growth.
However, high initial capital expenditure required for connected devices & other hardware, and growing privacy concerns pertaining to information manipulation are expected to impede the market growth during the forecast period. Furthermore, growing smart city initiatives across all the regions and emergence of 5G technology are expected to provide major growth opportunities for smart space market in upcoming years.
The global smart spaces market is segmented based on component, space type, application, end user, industry vertical, and region. Based on component, the market is bifurcated into hardware, software, and services. Based on space type, the market is divided into smart indoor spaces and smart outdoor spaces. Based on application, the market is classified into energy management and optimization, layout & space management, emergency & disaster management, and security management, and others. Depending on end user, the market is segmented into residential and commercial.
The commercial segment is further bifurcated into energy & utility, transportation & logistic, healthcare, education, retail, manufacturing, government, and others. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The report analyzes the profiles of key players operating in the market. These include Cisco Systems, Inc., Eutech Cybernetic Pte. Ltd., Hitachi Vantara Corporation, Huawei Technologies Co., Ltd., International Business Machines Corporation (IBM), Schneider Electric SE, Siemens AG, SmartSpace Software Plc, Spacewell, and others.
KEY BENEFITS
• The report provides an in-depth analysis of the global smart space market, outlining current trends, key driving factors, and potential areas for product investments.
• Key players are analyzed with respect to their primary offerings, recent investments, and future development strategies.
• Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
• The quantitative analysis of the global smart space market from 2018 to 2026 is provided to determine the market potential.
KEY MARKET SEGMENTS
BY COMPONENT
• Hardware
• Software
• Services
BY SPACE TYPE
• Smart Indoor Space
• Smart Outdoor Space
BY APPLICATION
• Energy Management and Optimization
• Layout & Space management
• Emergency & Disaster Management
• Security Management
• Others
BY END USER
• Residential
• Commercial
o Utility
o Transportation & Logistic
o Healthcare
o Education
o Retail
o Manufacturing
o Government
o Others
BY Region
• North America
o U.S.
o Canada
• Europe
o Germany
o France
o UK
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o Germany
o France
o UK
o Spain
o Italy
o Rest of Europe
• LAMEA
o Latin America
o Middle East
o Africa
KEY MARKET PLAYERS PROFILED IN THE REPORT
• Cisco Systems, Inc.
• Coor
• Eutech Cybernetic Pte. Ltd.
• Hitachi Vantara Corporation
• Huawei Technologies Co., Ltd.
• International Business Machines Corporation (IBM)
• Schneider Electric SE
• Siemens AG
• SmartSpace Software Plc
• Spacewell
• Others
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings
2.1.1. Top impacting factors
2.1.2. Top investment pockets
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key Forces Shaping Smart spaces Market
3.2.1. Moderate-to-high bargaining power of suppliers
3.2.2. Low-to-high bargaining power of buyer
3.2.3. Low-to-high threat of substitutes
3.2.4. Moderate-to-high threat of new entrants
3.2.5. Low-to-high competitive rivalry
3.3. Industry Evolution: Smart spaces Market
3.4. Value Chain Analysis
3.5. Case Studies
3.5.1. UBM
3.5.2. Unibail Rodamco
3.6. Impact of government regulations on global smart spaces market
3.7. Market dynamics
3.7.1. Drivers
3.7.1.1. Proliferation of advanced technologies such as internet of things (IoT) and artificial intelligence (AI)
3.7.1.2. Increasing environmental concerns
3.7.1.3. Rising greenfield projects
3.7.2. Restraints
3.7.2.1. High Initial Capital Expenditure
3.7.2.2. Growing privacy concerns pertaining to information manipulation
3.7.3. Opportunities
3.7.3.1. Growing smart cities initiatives
3.7.3.2. Advent of 5G technology
CHAPTER 4: SMART SPACES MARKET, BY COMPONENT
4.1. Overview
4.2. Hardware
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis by country
4.3. Software
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis by country
4.4. Services
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market analysis by country
CHAPTER 5: SMART SPACES MARKET, BY SPACE TYPE
5.1. Overview
5.2. Smart Indoor Space
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis by country
5.3. Smart Outdoor Space
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis by country
CHAPTER 6: GLOBAL SMART SPACE MARKET, BY APPLICATION
6.1. Overview
6.2. Energy Management and Optimization
6.2.1. Key market trends, growth factors and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis by country
6.3. Layout & Space management
6.3.1. Key market trends, growth factors and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis by country
6.4. Emergency & Disaster Management
6.4.1. Key market trends, growth factors and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis by country
6.5. Security Management
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis by country
6.6. Others
6.6.1. Key market trends, growth factors and opportunities
6.6.2. Market size and forecast, by region
6.6.3. Market analysis by country
CHAPTER 7: SMART SPACES MARKET, BY END USER
7.1. Overview
7.2. Residential
7.2.1. Key market trends, growth factors and opportunities
7.2.2. Market size and forecast, by region
7.2.3. Market analysis by country
7.3. Commercial
7.3.1. Key market trends, growth factors and opportunities
7.3.2. Market size and forecast, by region
7.3.3. Market analysis by country
CHAPTER 8: SMART SPACES MARKET, BY INDUSTRY VERTICAL
8.1. Overview
8.2. Energy & Utility
8.2.1. Key market trends, growth factors and opportunities
8.2.2. Market size and forecast, by region
8.2.3. Market analysis by country
8.3. Transportation & Logistic
8.3.1. Key market trends, growth factors and opportunities
8.3.2. Market size and forecast, by region
8.3.3. Market analysis by country
8.4. Healthcare
8.4.1. Key market trends, growth factors and opportunities
8.4.2. Market size and forecast, by region
8.4.3. Market analysis by country
8.5. Education
8.5.1. Key market trends, growth factors and opportunities
8.5.2. Market size and forecast, by region
8.5.3. Market analysis by country
8.6. Retail
8.6.1. Key market trends, growth factors and opportunities
8.6.2. Market size and forecast, by region
8.6.3. Market analysis by country
8.7. Manufacturing
8.7.1. Key market trends, growth factors and opportunities
8.7.2. Market size and forecast, by region
8.7.3. Market analysis by country
8.8. Government
8.8.1. Key market trends, growth factors and opportunities
8.8.2. Market size and forecast, by region
8.8.3. Market analysis by country
8.9. Others
8.9.1. Key market trends, growth factors and opportunities
8.9.2. Market size and forecast, by region
8.9.3. Market analysis by country
CHAPTER 9: SMART SPACES MARKET, BY REGION
9.1. Overview
9.1.1. Market size and forecast, by region
9.2. North America
9.2.1. Key market trends, growth factors and opportunities
9.2.2. Market size and forecast, by Component
9.2.3. Market size and forecast, by Space type
9.2.4. Market size and forecast, by Application
9.2.5. Market size and forecast, by End User
9.2.6. Market size and forecast, by Industry Vertical
9.2.7. Market analysis by Country
9.2.7.1. U.S.
9.2.7.1.1. Market size and forecast, by Component
9.2.7.1.2. Market size and forecast, by space type
9.2.7.1.3. Market size and forecast, by application
9.2.7.1.4. Market size and forecast, by end user
9.2.7.1.5. Market size and forecast, by industry vertical
9.2.7.2. Canada
9.2.7.2.1. Market size and forecast, by Component
9.2.7.2.2. Market size and forecast, by space type
9.2.7.2.3. Market size and forecast, by application
9.2.7.2.4. Market size and forecast, by end user
9.2.7.2.5. Market size and forecast, by industry vertical
9.3. Europe
9.3.1. Key market trends, growth factors and opportunities
9.3.2. Market size and forecast, by Component
9.3.3. Market size and forecast, by Space type
9.3.4. Market size and forecast, by Application
9.3.5. Market size and forecast, by End User
9.3.6. Market size and forecast, by Industry Vertical
9.3.7. Market analysis by Country
9.3.7.1. UK
9.3.7.1.1. Market size and forecast, by Component
9.3.7.1.2. Market size and forecast, by space type
9.3.7.1.3. Market size and forecast, by application
9.3.7.1.4. Market size and forecast, by end user
9.3.7.1.5. Market size and forecast, by industry vertical
9.3.7.2. Germany
9.3.7.2.1. Market size and forecast, by Component
9.3.7.2.2. Market size and forecast, by space type
9.3.7.2.3. Market size and forecast, by application
9.3.7.2.4. Market size and forecast, by end user
9.3.7.2.5. Market size and forecast, by industry vertical
9.3.7.3. France
9.3.7.3.1. Market size and forecast, by Component
9.3.7.3.2. Market size and forecast, by space type
9.3.7.3.3. Market size and forecast, by application
9.3.7.3.4. Market size and forecast, by end user
9.3.7.3.5. Market size and forecast, by industry vertical
9.3.7.4. Spain
9.3.7.4.1. Market size and forecast, by Component
9.3.7.4.2. Market size and forecast, by space type
9.3.7.4.3. Market size and forecast, by application
9.3.7.4.4. Market size and forecast, by end user
9.3.7.4.5. Market size and forecast, by industry vertical
9.3.7.5. Italy
9.3.7.5.1. Market size and forecast, by Component
9.3.7.5.2. Market size and forecast, by space type
9.3.7.5.3. Market size and forecast, by application
9.3.7.5.4. Market size and forecast, by end user
9.3.7.5.5. Market size and forecast, by industry vertical
9.3.7.6. Rest of Europe
9.3.7.6.1. Market size and forecast, by Component
9.3.7.6.2. Market size and forecast, by space type
9.3.7.6.3. Market size and forecast, by application
9.3.7.6.4. Market size and forecast, by end user
9.3.7.6.5. Market size and forecast, by industry vertical
9.4. Asia-Pacific
9.4.1. Key market trends, growth factors and opportunities
9.4.2. Market size and forecast, by Component
9.4.3. Market size and forecast, by Space type
9.4.4. Market size and forecast, by Application
9.4.5. Market size and forecast, by End User
9.4.6. Market size and forecast, by Industry Vertical
9.4.7. Market analysis by Country
9.4.7.1. China
9.4.7.1.1. Market size and forecast, by Component
9.4.7.1.2. Market size and forecast, by space type
9.4.7.1.3. Market size and forecast, by application
9.4.7.1.4. Market size and forecast, by end user
9.4.7.1.5. Market size and forecast, by industry vertical
9.4.7.2. Japan
9.4.7.2.1. Market size and forecast, by Component
9.4.7.2.2. Market size and forecast, by space type
9.4.7.2.3. Market size and forecast, by application
9.4.7.2.4. Market size and forecast, by end user
9.4.7.2.5. Market size and forecast, by industry vertical
9.4.7.3. India
9.4.7.3.1. Market size and forecast, by Component
9.4.7.3.2. Market size and forecast, by space type
9.4.7.3.3. Market size and forecast, by application
9.4.7.3.4. Market size and forecast, by end user
9.4.7.3.5. Market size and forecast, by industry vertical
9.4.7.4. South Korea
9.4.7.4.1. Market size and forecast, by Component
9.4.7.4.2. Market size and forecast, by space type
9.4.7.4.3. Market size and forecast, by application
9.4.7.4.4. Market size and forecast, by end user
9.4.7.4.5. Market size and forecast, by industry vertical
9.4.7.5. Singapore
9.4.7.5.1. Market size and forecast, by Component
9.4.7.5.2. Market size and forecast, by space type
9.4.7.5.3. Market size and forecast, by application
9.4.7.5.4. Market size and forecast, by end user
9.4.7.5.5. Market size and forecast, by industry vertical
9.4.7.6. Rest of Asia-Pacific
9.4.7.6.1. Market size and forecast, by Component
9.4.7.6.2. Market size and forecast, by space type
9.4.7.6.3. Market size and forecast, by application
9.4.7.6.4. Market size and forecast, by end user
9.4.7.6.5. Market size and forecast, by industry vertical
9.5. LAMEA
9.5.1. Key market trends, growth factors and opportunities
9.5.2. Market size and forecast, by Component
9.5.3. Market size and forecast, by Space type
9.5.4. Market size and forecast, by Application
9.5.5. Market size and forecast, by End User
9.5.6. Market size and forecast, by Industry Vertical
9.5.7. Market analysis by Country
9.5.7.1. Latin America
9.5.7.1.1. Market size and forecast, by Component
9.5.7.1.2. Market size and forecast, by space type
9.5.7.1.3. Market size and forecast, by application
9.5.7.1.4. Market size and forecast, by end user
9.5.7.1.5. Market size and forecast, by industry vertical
9.5.7.2. Middle East
9.5.7.2.1. Market size and forecast, by Component
9.5.7.2.2. Market size and forecast, by space type
9.5.7.2.3. Market size and forecast, by application
9.5.7.2.4. Market size and forecast, by end user
9.5.7.2.5. Market size and forecast, by industry vertical
9.5.7.3. Africa
9.5.7.3.1. Market size and forecast, by Component
9.5.7.3.2. Market size and forecast, by space type
9.5.7.3.3. Market size and forecast, by application
9.5.7.3.4. Market size and forecast, by end user
9.5.7.3.5. Market size and forecast, by industry vertical
CHAPTER 10: COMPETITIVE LANDSCAPE
10.1. MARKET PLAYER POSITIONING, 2018
10.2. TOP WINNING STRATEGIES
CHAPTER 11: COMPANY PROFILE
11.1. Cisco Systems, Inc.
11.1.1. Company overview
11.1.2. Key Executives
11.1.3. Company snapshot
11.1.4. Product portfolio
11.1.5. R&D Expenditure
11.1.6. Business performance
11.1.7. Key strategic moves and developments
11.2. Coor
11.2.1. Company overview
11.2.2. Key Executives
11.2.3. Company snapshot
11.2.4. Product portfolio
11.2.5. Business performance
11.2.6. Key strategic moves and developments
11.3. Eutech Cybernetic Pte. Ltd
11.3.1. Company overview
11.3.2. Key Executives
11.3.3. Company snapshot
11.3.4. Product portfolio
11.3.5. Key strategic moves and developments
11.4. Hitachi Vantara Corporation
11.4.1. Company overview
11.4.2. Key Executives
11.4.3. Company snapshot
11.4.4. Operating business segments
11.4.5. Product portfolio
11.4.6. R&D Expenditure
11.4.7. Business performance
11.4.8. Key strategic moves and developments
11.5. Huawei Technologies Co., Ltd.
11.5.1. Company overview
11.5.2. Key Executives
11.5.3. Company snapshot
11.5.4. Operating business segments
11.5.5. Product portfolio
11.5.6. R&D Expenditure
11.5.7. Business performance
11.5.8. Key strategic moves and developments
11.6. International Business Machines Corporation
11.6.1. Company overview
11.6.2. Key Executives
11.6.3. Company snapshot
11.6.4. Operating business segments
11.6.5. Product portfolio
11.6.6. R&D Expenditure
11.6.7. Business performance
11.6.8. Key strategic moves and developments
11.7. Schneider Electric SE
11.7.1. Company overview
11.7.2. Key Executives
11.7.3. Company snapshot
11.7.4. Operating business segments
11.7.5. Product portfolio
11.7.6. R&D Expenditure
11.7.7. Business performance
11.7.8. Key strategic moves and developments
11.8. Siemens AG
11.8.1. Company overview
11.8.2. Key Executives
11.8.3. Company snapshot
11.8.4. Operating business segments
11.8.5. Product portfolio
11.8.6. R&D Expenditure
11.8.7. Business performance
11.8.8. Key strategic moves and developments
11.9. SmartSpace Software Plc
11.9.1. Company overview
11.9.2. Key Executives
11.9.3. Company snapshot
11.9.4. Operating business segments
11.9.5. Product portfolio
11.9.6. R&D Expenditure
11.9.7. Business performance
11.9.8. Key strategic moves and developments
11.10. Spacewell
11.10.1. Company overview
11.10.2. Key Executives
11.10.3. Company snapshot
11.10.4. Product portfolio
11.10.5. Key strategic moves and developments
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