The global smart spaces market is expected to garner around $38738.35 million by 2028, growing at a CAGR of 16.12% during the forecast period. For the market study, the base year taken into consideration is 2019, and the estimated period is between 2020 and 2028. The increasing internet penetration across the globe is the dominant factor driving the global smart spaces market. The increasing connectivity as a result of internet prevalence has led to the emergence... Read more
The smart spaces market of North America is estimated to record a CAGR of 13.03% over the forecast period of 2020-2028. Several countries have made major investments in smart space infrastructure, which include offices, buildings, parking spaces, and others. The presence of prominent companies is one of the main reasons for the growth of the smart space market in the region. The North American region with regard to the smart spaces market is segmented into the... Read more
The European smart spaces market is estimated to grow at a CAGR of 17.69% during the estimated period, 2020-2028. One of the important factors driving the market growth in the region is the increasing interest in smart space systems among investors and operators. The smart spaces market of the European region is surveyed through the countries of Russia, Italy, the United Kingdom, France, Spain, Germany, and the Rest of Europe. In the UK, in the last... Read more
The Asia Pacific market of smart spaces is predicted to record a CAGR of 18.64% during the forecast period, 2020-2028. The factors boosting the market growth across the region are the enormous demands for, and rising consumption of electricity, coupled with an increase in the number of IoT connected devices. The smart spaces market of Asia Pacific is further analyzed by taking into consideration the market regions of India, South Korea, Japan, Singapore, Australia, China, and... Read more
The global connected logistics market is set to exhibit growth at a CAGR of 16.08 % over the projected period to reach a value of $49896 million by 2027. The forecasted period lies between 2019 and 2027, with 2018 taken into consideration as the base year. The increase in digitization and automation across all the functions in the logistics industry has led to the rising adoption of IoT, which enables real-time access to the connected devices... Read more