스마트 스페이스 시장 예측(-2030년) : 컴포넌트별, 도입 모델별, 스페이스 유형별, 기술별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Smart Space Market is accounted for $13.2 billion in 2024 and is expected to reach $26.4 billion by 2030 growing at a CAGR of 12.2% during the forecast period. A smart space is an environment equipped with interconnected sensors, devices, and systems that collect and analyze data to enhance functionality, efficiency, and the user experience. It utilizes technologies like IoT, AI, and automation to create responsive and adaptive settings. Smart spaces are used in homes, offices, factories, and cities to optimize energy usage, improve safety, streamline operations, and provide personalized services, ultimately enhancing comfort, productivity, and sustainability.

According to Gartner, the global endpoint installed base for the Internet of Things (IoT) will reach 25.5 billion units by 2025. This signifies a tremendous increase in connected devices, a core component of smart spaces.

Market Dynamics:

Driver:

Increasing adoption of IoT

The increasing adoption of Internet of Things (IoT) technology is a key driver for the smart space market. IoT enables the interconnection of various devices and systems, allowing for real-time data collection, analysis, and automation. This connectivity facilitates the creation of intelligent environments that can adapt to user needs and optimize resource usage. As more industries and consumers embrace IoT solutions, the demand for smart space technologies grows, driving market expansion.

Restraint:

High initial investment

Developing and deploying smart technologies, including sensors, connectivity infrastructure, and management platforms, involves substantial upfront costs. Many organizations, especially small and medium-sized enterprises, may hesitate to invest in smart space solutions due to budget constraints and an uncertain return on investment. Additionally, the need for specialized expertise and potential disruptions during implementation can further increase costs. This financial barrier slows adoption rates and limits market growth.

Opportunity:

Growing urbanization

As cities expand and populations concentrate in urban areas, there is an increasing need for efficient resource management, improved infrastructure, and enhanced quality of life. Smart space solutions can address these challenges by optimizing energy consumption, traffic flow, waste management, and public services. The development of smart cities creates fertile ground for innovative smart space technologies, from intelligent transportation systems to smart grids. This trend drives demand for integrated urban solutions, fostering partnerships between technology providers, city planners, and policymakers to create more livable and sustainable urban environments.

Threat:

Security concerns

Smart environments are data-driven and vulnerable to cyber attacks, data breaches, and privacy violations. The vast amount of sensitive information collected and processed in smart spaces, including personal data and critical infrastructure controls, makes them attractive targets for malicious actors. High-profile security incidents can erode public trust and slow adoption rates. Additionally, evolving regulatory requirements for data protection and privacy compliance add complexity and potential liability for Smart Space providers, potentially hindering market growth.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted the Smart Space market due to project delays and reduced investments. However, it also accelerated digital transformation efforts, increasing demand for contactless technologies and remote management solutions. The pandemic highlighted the importance of intelligent, adaptable spaces in healthcare, workplaces, and public areas, driving long-term growth in Smart Space adoption for improved safety, efficiency, and resilience.

The smart buildings segment is expected to be the largest during the forecast period

The smart buildings segment is poised to dominate the smart space market due to the increasing focus on energy efficiency, sustainability, and occupant comfort in commercial and residential structures. Smart building technologies integrate various systems such as HVAC, lighting, security, and asset management, optimizing operations and reducing costs. The growing demand for green buildings and the need for improved space utilization in urban areas drive adoption. Additionally, regulations promoting energy efficiency and the potential for significant long-term cost savings attract investments in smart building solutions, making it the largest segment in the smart space market.

The artificial intelligence (AI) segment is expected to have the highest CAGR during the forecast period

The artificial intelligence (AI) segment is expected to experience the highest CAGR during the forecast period due to its increasing integration across various industries. AI's ability to enhance efficiency, automate processes, and provide predictive analytics drives its adoption in sectors such as healthcare, finance, retail, and manufacturing. The proliferation of big data and advancements in machine learning algorithms further fuel AI growth. Additionally, investments in AI research and development and the rise of AI-driven applications in emerging technologies like IoT and robotics contribute to its rapid market expansion.

Region with largest share:

North America is set to dominate the smart space market due to its advanced technological infrastructure, high adoption rates of IoT and AI technologies, and significant investments in smart city initiatives. The region's strong presence of major technology companies and startups fosters innovation in smart space solutions. Stringent energy efficiency regulations and a focus on workplace productivity drive adoption in commercial sectors. Additionally, the region's early adoption of home automation and smart home technologies contributes to its market leadership. Government support for smart city projects and digital transformation further solidifies North America's position as the largest smart space market.

Region with highest CAGR:

The Asia Pacific region is expected to exhibit the highest CAGR in the smart space market, driven by rapid urbanization, increasing investments in smart city projects, and government initiatives promoting digital transformation. Countries like China, Japan, and India are investing heavily in smart infrastructure to address urban challenges and improve quality of life. The region's large population and growing middle class create a vast market for smart home technologies. Additionally, the rapid expansion of IoT connectivity and 5G networks in the region facilitates the adoption of advanced smart space solutions. This combination of factors positions Asia Pacific as the fastest-growing market for smart space technologies.

Key players in the market

Some of the key players in Smart Space market include Cisco Systems, Inc., IBM Corporation, Siemens AG, Schneider Electric SE, Honeywell International Inc., Johnson Controls International plc, ABB Ltd., Huawei Technologies Co., Ltd., Google LLC, Microsoft Corporation, Intel Corporation, Hewlett Packard Enterprise Company (HPE), Amazon Web Services, Inc., Bosch.IO GmbH, Dell Technologies Inc., Oracle Corporation, NVIDIA Corporation, and Hitachi Vantara.

Key Developments:

In July 2024, Cisco, the worldwide leader in networking and security, and HTX (Home Team Science and Technology Agency) announced the signing of a Memorandum of Understanding (MOU) to pilot 5G and AI technologies to enhance Singapore's homeland security. HTX Chief Executive Mr. Chan Tsan and Cisco Executive Vice President and General Manager, Cisco Networking Mr. Jonathan Davidson signed the MOU at a ceremony at Cisco's global headquarters in San Jose, United States.

In July 2024, Siemens inaugurated a new Center of Competence for Data Centers at the Global Infocity Park in Chennai, India. Spanning 6,000m2, the new facility will serve as a regional innovation hub, not only uniting a team of more than 200 designers, planners, engineers and project managers in one location, but also enabling co-creation with partners and customers across the Asia Pacific (APAC) region.

Components Covered:

• Hardware
• Software
• Services

Deployment Models Covered:

• On-Premise
• Cloud-Based
• Hybrid

Space Types Covered:

• Smart Indoor Spaces
• Smart Outdoor Spaces

Technologies Covered:

• Internet of Things (IoT)
• Artificial Intelligence (AI)
• Cloud Computing
• Edge Computing
• Blockchain

Applications Covered:

• Smart Homes
• Smart Buildings
• Smart Cities
• Industrial IoT (IIoT)
• Connected Vehicles
• Other Applications

End Users Covered:

• Residential
• Commercial
• Government
• Industrial

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Smart Space Market, By Component

• 5.1 Introduction
• 5.2 Hardware
  • 5.2.1 Sensors
  • 5.2.2 Connectivity Devices
  • 5.2.3 Actuators
  • 5.2.4 Computing Devices
• 5.3 Software
  • 5.3.1 Smart Space Management Platforms
  • 5.3.2 Data Analytics and Visualization Tools
  • 5.3.3 Security and Access Control Software
  • 5.3.4 Application-Specific Software
• 5.4 Services
  • 5.4.1 Professional Services
  • 5.4.2 Managed Services

6 Global Smart Space Market, By Deployment Model

• 6.1 Introduction
• 6.2 On-Premise
• 6.3 Cloud-Based
• 6.4 Hybrid

7 Global Smart Space Market, By Space Type

• 7.1 Introduction
• 7.2 Smart Indoor Spaces
• 7.3 Smart Outdoor Spaces

8 Global Smart Space Market, By Technology

• 8.1 Introduction
• 8.2 Internet of Things (IoT)
• 8.3 Artificial Intelligence (AI)
• 8.4 Cloud Computing
• 8.5 Edge Computing
• 8.6 Blockchain

9 Global Smart Space Market, By Application

• 9.1 Introduction
• 9.2 Smart Homes
• 9.3 Smart Buildings
• 9.4 Smart Cities
• 9.5 Industrial IoT (IIoT)
• 9.6 Connected Vehicles
• 9.7 Other Applications

10 Global Smart Space Market, By End User

• 10.1 Introduction
• 10.2 Residential
• 10.3 Commercial
  • 10.3.1 Offices
  • 10.3.2 Retail
  • 10.3.3 Hospitality
  • 10.3.4 Education
  • 10.3.5 Healthcare
  • 10.3.6 Other Commercial Sectors
• 10.4 Government
• 10.5 Industrial

11 Global Smart Space Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Cisco Systems, Inc.
• 13.2 IBM Corporation
• 13.3 Siemens AG
• 13.4 Schneider Electric SE
• 13.5 Honeywell International Inc.
• 13.6 Johnson Controls International plc
• 13.7 ABB Ltd.
• 13.8 Huawei Technologies Co., Ltd.
• 13.9 Google LLC
• 13.10 Microsoft Corporation
• 13.11 Intel Corporation
• 13.12 Hewlett Packard Enterprise Company (HPE)
• 13.13 Amazon Web Services, Inc.
• 13.14 Bosch.IO GmbH
• 13.15 Dell Technologies Inc.
• 13.16 Oracle Corporation
• 13.17 NVIDIA Corporation
• 13.18 Hitachi Vantara