Product Code: IC_195402 / A05037
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.
Proliferation of advanced technologies such as Internet of Things (IoT) and artificial intelligence (AI) drives the growth of smart space market. In addition, rise in Greenfield projects and increase in environmental concerns across the globe are also expected to boost the market growth. However, high initial capital expenditure required for connected devices & other hardware, and rise in privacy concerns pertaining to information manipulation are expected to impede the market growth during the forecast period. Furthermore, increase in 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 space market is segmented based on component, space type, application, end user, industry vertical, and region. Based on component, the market is divided into hardware, software, and services. Based on space type, it is bifurcated into smart indoor spaces and smart outdoor spaces.
Based on application, it is classified into energy management and optimization, layout & space management, emergency & disaster management, and security management, and others. Depending on end user, it is segmented into residential and commercial. The commercial segment is further categorized 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 FOR STAKEHOLDERS
- The study provides an in-depth analysis of the smart space market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of smart space market for the period 2020-2030 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
BY REGION
- North America
- U.S.
- Canada
- Europe
- UK
- France
- Germany
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- 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
TABLE OF CONTENTS
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.Primary research
- 1.4.2.Secondary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
CHAPTER 3:MARKET OVERVIEW
- 3.1.MARKET DEFINITION AND SCOPE
- 3.2.KEY FINDINGS
- 3.2.1.Top impacting factors
- 3.2.2.Top investment pockets
- 3.3.PORTER'S FIVE FORCES ANALYSIS
- 3.4.VALUE CHAIN ANALYSIS
- 3.5.IMPACT OF GOVERNMENT REGULATIONS ON GLOBAL SMART SPACE MARKET
- 3.6.MARKET DYNAMICS
- 3.6.1.Drivers
- 3.6.1.1.Proliferation of advanced technologies such as Internet of Things (IoT) and Artificial Intelligence (AI)
- 3.6.1.2.Increase in environmental concerns
- 3.6.1.3.Rise in number of greenfield projects
- 3.6.2.Restraints
- 3.6.2.1.High Initial Capital Expenditure
- 3.6.2.2.Growth in privacy concerns pertaining to information manipulation
- 3.6.3.Opportunities
- 3.6.3.1.Rise in smart cities initiatives
- 3.6.3.2.Advent of 5G technology
- 3.7.COVID-19 IMPACT ANALYSIS
- 3.7.1.Impact on market size
- 3.7.2.Consumer trends, preferences, and budget impact
- 3.7.3.Economic impact
- 3.7.4.Regulatory framework
- 3.7.5.Key player strategies to tackle negative impact
- 3.7.6.Opportunity window
CHAPTER 4:GLOBAL SMART SPACE 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:GLOBAL SMART SPACE 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.OTHER
- 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:GLOBAL SMART SPACE 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.Energy and utility
- 7.3.3.Transportation and logistics
- 7.3.4.Healthcare
- 7.3.5.Education
- 7.3.6.Retail
- 7.3.7.Manufacturing
- 7.3.8.Government
- 7.3.9.Others
- 7.3.10.Market size and forecast, by region
- 7.3.11.Market analysis, by country
CHAPTER 8:SMART SPACE MARKET, BY REGION
- 8.1.OVERVIEW
- 8.2.NORTH AMERICA
- 8.2.1.Key market trends, growth factors, and opportunities
- 8.2.2.Market size and forecast, by component
- 8.2.3.Market size and forecast, by space type
- 8.2.4.Market size and forecast, by application
- 8.2.5.Market size and forecast, by end user
- 8.2.6.Market analysis by country
- 8.2.6.1.U.S.
- 8.2.6.1.1.Market size and forecast, by component
- 8.2.6.1.2.Market size and forecast, by space type
- 8.2.6.1.3.Market size and forecast, by application
- 8.2.6.1.4.Market size and forecast, by end user
- 8.2.6.2.Canada
- 8.2.6.2.1.Market size and forecast, by component
- 8.2.6.2.2.Market size and forecast, by space type
- 8.2.6.2.3.Market size and forecast, by application
- 8.2.6.2.4.Market size and forecast, by end user
- 8.3.EUROPE
- 8.3.1.Key market trends, growth factors, and opportunities
- 8.3.2.Market size and forecast, by component
- 8.3.3.Market size and forecast, by space type
- 8.3.4.Market size and forecast, by application
- 8.3.5.Market size and forecast, by end user
- 8.3.6.Market analysis by country
- 8.3.6.1.UK
- 8.3.6.1.1.Market size and forecast, by component
- 8.3.6.1.2.Market size and forecast, by space type
- 8.3.6.1.3.Market size and forecast, by application
- 8.3.6.1.4.Market size and forecast, by end user
- 8.3.6.2.Germany
- 8.3.6.2.1.Market size and forecast, by component
- 8.3.6.2.2.Market size and forecast, by space type
- 8.3.6.2.3.Market size and forecast, by application
- 8.3.6.2.4.Market size and forecast, by end user
- 8.3.6.3.France
- 8.3.6.3.1.Market size and forecast, by component
- 8.3.6.3.2.Market size and forecast, by space type
- 8.3.6.3.3.Market size and forecast, by application
- 8.3.6.3.4.Market size and forecast, by end user
- 8.3.6.4.Italy
- 8.3.6.4.1.Market size and forecast, by component
- 8.3.6.4.2.Market size and forecast, by space type
- 8.3.6.4.3.Market size and forecast, by application
- 8.3.6.4.4.Market size and forecast, by end user
- 8.3.6.5.Spain
- 8.3.6.5.1.Market size and forecast, by component
- 8.3.6.5.2.Market size and forecast, by space type
- 8.3.6.5.3.Market size and forecast, by application
- 8.3.6.5.4.Market size and forecast, by end user
- 8.3.6.6.Rest of Europe
- 8.3.6.6.1.Market size and forecast, by component
- 8.3.6.6.2.Market size and forecast, by space type
- 8.3.6.6.3.Market size and forecast, by application
- 8.3.6.6.4.Market size and forecast, by end user
- 8.4.ASIA-PACIFIC
- 8.4.1.Key market trends, growth factors, and opportunities
- 8.4.2.Market size and forecast, by component
- 8.4.3.Market size and forecast, by space type
- 8.4.4.Market size and forecast, by application
- 8.4.5.Market size and forecast, by end user
- 8.4.6.Market analysis by country
- 8.4.6.1.China
- 8.4.6.1.1.Market size and forecast, by component
- 8.4.6.1.2.Market size and forecast, by space type
- 8.4.6.1.3.Market size and forecast, by application
- 8.4.6.1.4.Market size and forecast, by end user
- 8.4.6.2.Japan
- 8.4.6.2.1.Market size and forecast, by component
- 8.4.6.2.2.Market size and forecast, by space type
- 8.4.6.2.3.Market size and forecast, by application
- 8.4.6.2.4.Market size and forecast, by end user
- 8.4.6.3.India
- 8.4.6.3.1.Market size and forecast, by component
- 8.4.6.3.2.Market size and forecast, by space type
- 8.4.6.3.3.Market size and forecast, by application
- 8.4.6.3.4.Market size and forecast, by end user
- 8.4.6.4.South Korea
- 8.4.6.4.1.Market size and forecast, by component
- 8.4.6.4.2.Market size and forecast, by space type
- 8.4.6.4.3.Market size and forecast, by application
- 8.4.6.4.4.Market size and forecast, by end user
- 8.4.6.5.Australia
- 8.4.6.5.1.Market size and forecast, by component
- 8.4.6.5.2.Market size and forecast, by space type
- 8.4.6.5.3.Market size and forecast, by application
- 8.4.6.5.4.Market size and forecast, by end user
- 8.4.6.6.Rest of Asia-Pacific
- 8.4.6.6.1.Market size and forecast, by component
- 8.4.6.6.2.Market size and forecast, by space type
- 8.4.6.6.3.Market size and forecast, by application
- 8.4.6.6.4.Market size and forecast, by end user
- 8.5.LAMEA
- 8.5.1.Key market trends, growth factors, and opportunities
- 8.5.2.Market size and forecast, by component
- 8.5.3.Market size and forecast, by space type
- 8.5.4.Market size and forecast, by application
- 8.5.5.Market size and forecast, by end user
- 8.5.6.Market analysis by country
- 8.5.6.1.Latin America
- 8.5.6.1.1.Market size and forecast, by component
- 8.5.6.1.2.Market size and forecast, by space type
- 8.5.6.1.3.Market size and forecast, by application
- 8.5.6.1.4.Market size and forecast, by end user
- 8.5.6.2.Middle East
- 8.5.6.2.1.Market size and forecast, by component
- 8.5.6.2.2.Market size and forecast, by space type
- 8.5.6.2.3.Market size and forecast, by application
- 8.5.6.2.4.Market size and forecast, by end user
- 8.5.6.3.Africa
- 8.5.6.3.1.Market size and forecast, by component
- 8.5.6.3.2.Market size and forecast, by space type
- 8.5.6.3.3.Market size and forecast, by application
- 8.5.6.3.4.Market size and forecast, by end user
CHAPTER 9:COMPETITIVE LANDSCAPE
- 9.1.INTRODUCTION
- 9.1.1.Market player positioning, 2020
- 9.2.TOP WINNING STRATEGIES
- 9.3.COMPETITIVE DASHBOARD
- 9.4.COMPETITIVE HEATMAP
CHAPTER 10:COMPANY PROFILES
- 10.1.CISCO SYSTEMS, INC.
- 10.1.1.Company overview
- 10.1.2.Key Executives
- 10.1.3.Company snapshot
- 10.1.4.Product portfolio
- 10.1.5.R&D Expenditure
- 10.1.6.Business performance
- 10.1.7.Key strategic moves and developments
- 10.2.COOR
- 10.2.1.Company overview
- 10.2.2.Key Executives
- 10.2.3.Company snapshot
- 10.2.4.Product portfolio
- 10.2.5.Business performance
- 10.2.6.Key strategic moves and developments
- 10.3.EUTECH CYBERNETIC PTE. LTD.
- 10.3.1.Company overview
- 10.3.2.Key Executives
- 10.3.3.Company snapshot
- 10.3.4.Product portfolio
- 10.3.5.Key strategic moves and developments
- 10.4.HITACHI VANTARA CORPORATION
- 10.4.1.Company overview
- 10.4.2.Key Executives
- 10.4.3.Company snapshot
- 10.4.4.Operating business segments
- 10.4.5.Product portfolio
- 10.4.6.R&D Expenditure
- 10.4.7.Business performance
- 10.4.8.Key strategic moves and developments
- 10.5.HUAWEI TECHNOLOGIES CO., LTD.
- 10.5.1.Company overview
- 10.5.2.Key Executives
- 10.5.3.Company snapshot
- 10.5.4.Operating business segments
- 10.5.5.Product portfolio
- 10.5.6.R&D Expenditure
- 10.5.7.Business performance
- 10.5.8.Key strategic moves and developments
- 10.6.INTERNATIONAL BUSINESS MACHINES CORPORATION
- 10.6.1.Company overview
- 10.6.2.Key Executives
- 10.6.3.Company snapshot
- 10.6.4.Operating business segments
- 10.6.5.Product portfolio
- 10.6.6.R&D Expenditure
- 10.6.7.Business performance
- 10.6.8.Key strategic moves and developments
- 10.7.SCHNEIDER ELECTRIC SE
- 10.7.1.Company overview
- 10.7.2.Key Executives
- 10.7.3.Company snapshot
- 10.7.4.Operating business segments
- 10.7.5.Product portfolio
- 10.7.6.R&D Expenditure
- 10.7.7.Business performance
- 10.7.8.Key strategic moves and developments
- 10.8.SIEMENS AG
- 10.8.1.Company overview
- 10.8.2.Key Executives
- 10.8.3.Company snapshot
- 10.8.4.Operating business segments
- 10.8.5.Product portfolio
- 10.8.6.R&D Expenditure
- 10.8.7.Business performance
- 10.8.8.Key strategic moves and developments
- 10.9.SMARTSPACE SOFTWARE PLC
- 10.9.1.Company overview
- 10.9.2.Key Executives
- 10.9.3.Company snapshot
- 10.9.4.Operating business segments
- 10.9.5.Product portfolio
- 10.9.6.R&D Expenditure
- 10.9.7.Business performance
- 10.9.8.Key strategic moves and developments
- 10.10.SPACEWELL
- 10.10.1.Company overview
- 10.10.2.Key Executives
- 10.10.3.Company snapshot
- 10.10.4.Product portfolio
- 10.10.5.Key strategic moves and developments