스마트 스페이스 : 시장 점유율 분석, 산업 동향, 통계, 성장 예측(2025-2030년)

The Smart spaces market size stood at USD 16.70 billion in 2025 and is forecast to expand at a 12.22% CAGR, reaching USD 29.46 billion by 2030.

The upward trajectory is shaped by falling IoT sensor prices that simplify large-scale deployment, mandatory net-zero building codes that accelerate digital retrofits, and hybrid-work policies that reward real-time space optimisation. Interoperable standards such as Thread 1.4, certified on more than 670 products by Q1 2025, remove integration risks and shorten payback windows. Private 5G rollouts across commercial campuses underpin advanced analytics that lower utilities and maintenance costs while enabling predictive workplace services. Vendors are also scaling software-as-a-service models that bundle continuous optimisation with outcome-based pricing, a shift that converts one-time capital expenditure into recurring revenue. The Smart space market, therefore, benefits from both top-line demand for compliance and bottom-line demand for efficiency.

Global Smart Spaces Market Trends and Insights

IoT-enabled device proliferation and falling sensor prices

Semiconductor oversupply has pushed sensor average selling prices down by double-digits since 2023, allowing building owners to blanket properties with occupancy, air-quality and power-meter nodes that feed granular data to cloud analytics. More than 670 Thread-certified devices shipped by early 2025, a clear signal that vendors now view multi-vendor interoperability as table stakes. A 352-sensor deployment at Milesight's headquarters cut annual utilities by USD 45,000, a case that has circulated widely among facilities managers. Expanded memory bandwidth in edge AI chips eliminates latency penalties and supports real-time control loops, yet brownfield integration still varies by legacy wiring and controls. As capital costs decline, decisions hinge on energy-saving proof points rather than hardware affordability, a pivot that keeps the Smart space market in a demand-led cycle.

Accelerated hybrid-work redesign of offices

Hybrid scheduling fluctuates weekday headcounts, making legacy time-of-day HVAC programming obsolete. Johnson Controls logged 16% order growth in Q1 2025 for adaptive controls that modulate airflow and lighting to actual presence rather than historical averages. A Washington D.C. office building realised 33% energy savings after replacing static set-points with multi-sensor occupancy data that instructs chillers to follow demand curves. AI ventilation models have kept CO2 concentrations below 1,000 ppm while trimming ventilation energy by 12.5%, aligning wellness goals with bottom-line targets. The commercial landlord community is experimenting with dynamic rent that flexes by verified utilisation, turning data exhaust into revenue streams. Real-time analytics, however, require cyber-hardened networks and secure data lakes to protect tenant privacy under GDPR and CCPA.

High upfront retrofit costs for brown-field buildings

Older properties often contain proprietary HVAC or lighting systems that resist open-protocol overlays. QuadReal required a passive optical backbone across 30 million sq ft to unify disparate subsystems, a capital project justifiable only by projected 50-70% operational savings. Limbach's digitisation of 20 sites spanning multiple HVAC vintages exposed inconsistent data granularity that complicated analytics. Pilot programmes such as PHOENIX delivered headline efficiency gains of 39-61% but demanded customised middleware to normalise telemetry. Energy-service-company financing and outcome-based leases help convert cash outlays into service fees, yet decision cycles still elongate when stakeholders must coordinate mechanical, electrical, and IT upgrades under one project charter.

Other drivers and restraints analyzed in the detailed report include:

1. Mandatory green-building / net-zero regulations
2. Rapid 5G private-network rollouts in commercial estates
3. Cyber-security and data-privacy liabilities

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Solutions retained the lion's share at 68% of 2024 revenue, equal to USD 11.36 billion of the Smart space market size. Hardware devices and supervisory software form the digital backbone, yet end-users increasingly outsource optimisation to third parties. Services are set to post a 13.87% CAGR, reflecting appetite for continuous commissioning, remote diagnostics, and AI-driven decision support. BrainBox AI launched its generative building assistant in March 2024, enabling conversational queries about energy anomalies and prescriptive adjustments. Trane Technologies quickly folded the capability into its aftermarket portfolio, bundling autonomous HVAC controls inside outcome-based contracts that guarantee double-digit utility cuts. Managed-service vendors monetise hourly telemetry by feeding algorithms that keep chillers within narrow set-point bands, reducing wear and curbing carbon fees. As labour shortages constrain in-house facility teams, executives view external expertise as risk insurance against performance penalties.

In the long run, hybrid cloud architectures will blur product and service boundaries because device firmware, analytics models, and security patches update continuously. Vendors that own both edge devices and cloud platforms can push over-the-air enhancements without onsite visits, deepening lock-in while squeezing pure-play hardware rivals. The Smart space market therefore rewards firms that pivot from one-and-done installations toward lifecycle stewardship, reinforcing the Services growth premium.

Commercial real estate, healthcare, hospitality and retail collectively generated 59% of 2024 revenue, or USD 9.85 billion of the Smart space market size. Offices pursue flexible seating that demands analytics-ready occupancy data, whereas hospitals track air exchange and device uptime for infection control. Yet residential demand, especially in multi-dwelling units, is forecast to rise at a 13.75% CAGR. Logical Buildings is orchestrating a USD 110 million virtual power plant across multifamily stock to monetise demand response, demonstrating fleet-scale residential economics. SmartRent earmarked USD 10 million in December 2024 to widen landlord adoption of self-service resident portals, access control, and sub-metering. Utilities in deregulated markets offer cash incentives for smart thermostats linked to peak-shave programmes, aligning homeowner interests with grid stability. While consumer price sensitivity remains a restraint, bundled broadband plus energy packages lower acquisition friction, tilting the Smart space market toward balanced demand across sectors by 2030.

Regulators also push home energy management via mandatory sub-meters in new apartments across parts of the EU and select US states. This policy tailwind elevates residential volumes, though per-unit revenue lags commercial averages. Vendors combat margin dilution through platform multiproduct cross-sales spanning security, wellness and eldercare monitoring. As service portfolios deepen, the residential curve narrows its gap with commercial incumbents, confirming the Smart space industry's evolution into a ubiquitous infrastructure layer.

Smart Spaces Market Report is Segmented by Type (Solutions and Services), End-User Industry (Commercial and Residential), Application (Energy Management, Occupancy and Space Analytics, Lighting and HVAC Control, and More), Connectivity Technology (Wi-Fi, Zigbee, Z-Wave, and More), and Geography.

Geography Analysis

North America contributed 37% of 2024 revenue, driven by stringent state-level energy codes and early adoption of hybrid-work analytics. California's aggressive standards and federal tax credits support deep retrofits, while private 5G pilots in logistics parks validate latency-sensitive use cases. Honeywell recorded 8% organic growth across its building automation lines in Q1 2025, underpinned by US demand for cloud-native dashboards. Cyber-security regulation accelerates managed-service uptake as firms outsource compliance tasks to trusted vendors. Retrofit costs for ageing stock temper rollout pace, but outcome-based contracts that tie fees to measured savings unlock conservative budgets, keeping the Smart space market on a solid expansion path.

Asia Pacific is on track for a 13.53% CAGR and will increasingly tilt global volume. China allocated USD 4.5 billion to smart city pilots in its 2024 budget, stipulating that all new municipal buildings integrate digital twins. Japan's Society 5.0 roadmap bundles smart buildings with wider robotics and mobility networks, while India's Smart Cities Mission spans 8,000 live projects worth USD 19.67 billion. Corporate investments match the public push: Toyota's Woven City near Mount Fuji serves as a private testbed for sensor-dense neighbourhoods. Heterogeneous regulatory landscapes complicate multinational scaling, but common motivations-urban density, energy security and ageing populations-sustain demand across the region.

Europe maintains disciplined growth on the back of climate policy. The EU's zero-emission mandate guarantees a replacement market for inefficient controls, and GDPR ensures that privacy-by-design features carry premium pricing. Siemens committed EUR 750 million to regenerate Berlin's Siemensstadt with digital twins, reflecting confidence in smart campus models. Middle East and Africa trail in adoption but showcase showcase megaprojects: Saudi Arabia's Neom and the UAE's Masdar City rely on fully digital building fabrics, serving as regional proof points. Budget volatility and political risk keep deployment skewed to government-backed ventures, yet demonstrable returns draw private co-investors over time, widening the addressable Smart spaces market.

1. ABB Ltd
2. Siemens AG
3. Cisco Systems Inc.
4. Schneider Electric SE
5. IBM Corporation
6. Microsoft Corporation
7. Honeywell International Inc.
8. Johnson Controls International
9. Huawei Technologies Co. Ltd.
10. Hitachi Vantara LLC
11. ICONICS Inc.
12. Spacewell (Nemetschek Group)
13. SmartSpace Software PLC
14. Ubisense Ltd.
15. Adappt Intelligence Inc.
16. Enlighted Inc. (Siemens)
17. Bosch Building Technologies
18. Legrand SA
19. Crestron Electronics Inc.
20. Verkada Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 IoT-enabled device proliferation and falling sensor prices
  • 4.2.2 Accelerated post-COVID hybrid-work redesign of offices
  • 4.2.3 Mandatory green-building / net-zero regulations
  • 4.2.4 Rapid 5G private-network roll-outs in commercial estates
  • 4.2.5 AI-driven workplace analytics reducing real-estate OPEX
  • 4.2.6 Rise of occupancy-based insurance and leasing models
• 4.3 Market Restraints
  • 4.3.1 High upfront retro-fit costs for brown-field buildings
  • 4.3.2 Cyber-security and data-privacy liabilities
  • 4.3.3 Inter-vendor interoperability gaps and standards fragmentation
  • 4.3.4 Volatility in commercial real-estate valuations
• 4.4 Value Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Buyers/Consumers
  • 4.7.3 Bargaining Power of Suppliers
  • 4.7.4 Threat of Substitute Products
  • 4.7.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Type
  • 5.1.1 Solutions
    • 5.1.1.1 Software Platforms
    • 5.1.1.2 Hardware and Edge Devices
  • 5.1.2 Services
    • 5.1.2.1 Professional Services
    • 5.1.2.2 Managed Services
• 5.2 By End-user Industry
  • 5.2.1 Commercial
    • 5.2.1.1 Offices and Co-working Spaces
    • 5.2.1.2 Retail and Malls
    • 5.2.1.3 Healthcare Facilities
    • 5.2.1.4 Hospitality and Leisure
  • 5.2.2 Residential
    • 5.2.2.1 Single-family Homes
    • 5.2.2.2 Multi-dwelling Units
• 5.3 By Application
  • 5.3.1 Energy Management
  • 5.3.2 Occupancy and Space Analytics
  • 5.3.3 Lighting and HVAC Control
  • 5.3.4 Security and Access Management
  • 5.3.5 Facility Automation Integration Platforms
• 5.4 By Connectivity Technology
  • 5.4.1 Wi-Fi
  • 5.4.2 Bluetooth Low Energy (BLE)
  • 5.4.3 Zigbee
  • 5.4.4 Thread / Matter
  • 5.4.5 Z-Wave
  • 5.4.6 NB-IoT and LoRaWAN
  • 5.4.7 Wired (Ethernet / PoE)
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 South America
    • 5.5.2.1 Argentina
    • 5.5.2.2 Brazil
    • 5.5.2.3 Rest of South America
  • 5.5.3 Europe
    • 5.5.3.1 United Kingdom
    • 5.5.3.2 France
    • 5.5.3.3 Germany
    • 5.5.3.4 Rest of Europe
  • 5.5.4 Asia Pacific
    • 5.5.4.1 China
    • 5.5.4.2 Japan
    • 5.5.4.3 India
    • 5.5.4.4 South Korea
    • 5.5.4.5 Rest of Asia Pacific
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 Middle East
    • 5.5.5.1.1 Saudi Arabia
    • 5.5.5.1.2 United Arab Emirates
    • 5.5.5.1.3 Turkey
    • 5.5.5.1.4 Rest of Middle East
    • 5.5.5.2 Africa
    • 5.5.5.2.1 Nigeria
    • 5.5.5.2.2 South Africa
    • 5.5.5.2.3 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 ABB Ltd
  • 6.4.2 Siemens AG
  • 6.4.3 Cisco Systems Inc.
  • 6.4.4 Schneider Electric SE
  • 6.4.5 IBM Corporation
  • 6.4.6 Microsoft Corporation
  • 6.4.7 Honeywell International Inc.
  • 6.4.8 Johnson Controls International
  • 6.4.9 Huawei Technologies Co. Ltd.
  • 6.4.10 Hitachi Vantara LLC
  • 6.4.11 ICONICS Inc.
  • 6.4.12 Spacewell (Nemetschek Group)
  • 6.4.13 SmartSpace Software PLC
  • 6.4.14 Ubisense Ltd.
  • 6.4.15 Adappt Intelligence Inc.
  • 6.4.16 Enlighted Inc. (Siemens)
  • 6.4.17 Bosch Building Technologies
  • 6.4.18 Legrand SA
  • 6.4.19 Crestron Electronics Inc.
  • 6.4.20 Verkada Inc.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-need Assessment