NORTH AMERICA SMART SPACES MARKET FORECAST 2020-2028

  • You are here:
  • Home
  • Reports
  • NORTH AMERICA SMART SPACES MARKET FORECAST 2020-2028

NORTH AMERICA SMART SPACES MARKET FORECAST 2020-2028

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 US and Canada for further market analysis. In the US, the government is concentrating on smart city infrastructure by merging the IoT sensors into their traffic systems for improving the traffic system and implementing surveillance activities. With regard to agriculture, the US government uses IoT sensors for conducting regular soil checks. In the healthcare sector, these IoT sensors are used to monitor patient health and quantity of delivered drugs.

NORTH AMERICA SMART SPACES MARKET FORECAST 2020-2028

North America Smart Spaces Market by Component (Hardware Component, Software Component, Service Component) by Application (Layout & Space Management, Energy Management & Optimization, Emergency & Disaster Management, Security Management, Other Applications) by Space Type (Indoor Space, Outdoor Space) by End User (Residential End User, Commercial End User) by Industry Vertical (Energy & Utilities, Healthcare, Retail, Government, Transportation & Logistics, Education, Manufacturing, Other Industrial Verticals) by Geography.

Request free sample

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 US and Canada for further market analysis. In the US, the government is concentrating on smart city infrastructure by merging the IoT sensors into their traffic systems for improving the traffic system and implementing surveillance activities. With regard to agriculture, the US government uses IoT sensors for conducting regular soil checks. In the healthcare sector, these IoT sensors are used to monitor patient health and quantity of delivered drugs.

The US IoT market revenue is set to increase in a few years since various industries and applications are getting benefitted from utilizing this increased connectivity of devices. Some of the most popular individual smart devices are internet-enabled TVs, smartphones, fitness trackers, etc. The popularity of smart home systems has increased immensely in American households in the past few years. The businesses across the United States are also taking advantage of IoT based technologies for smooth processing and increased efficiency. These are the driving factors estimated to boost the growth of the smart space market in the US.

IBM, is a leading information technology company providing integrated solutions through five segments, global business services, technology services, and cloud platforms, cognitive solutions, systems, and global financing. The company is headquartered at Armonk, New York, the United States.

To request a free sample copy of this report, please complete the form below :

We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: IOT MARKET
    • MARKET DEFINITION
    • KEY DRIVERS
      • INCREASING INTERNET PENETRATION
      • HIGH ADOPTION RATE ACROSS INDUSTRIES
      • INCREASE IN SMART CITY PROJECTS
      • REDUCTION IN COST
      • NEED FOR ENVIRONMENTALLY SUSTAINABLE URBAN PLANNING
    • KEY RESTRAINTS
      • PRIVACY & SECURITY CONCERNS
      • HIGH INVESTMENT
      • BANDWIDTH LIMITATION
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    • PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  2. MARKET BY COMPONENT
    • HARDWARE COMPONENT
    • SOFTWARE COMPONENT
    • SERVICE COMPONENT
  3. MARKET BY APPLICATION
    • LAYOUT & SPACE MANAGEMENT
    • ENERGY MANAGEMENT AND OPTIMIZATION
    • EMERGENCY & DISASTER MANAGEMENT
    • SECURITY MANAGEMENT
    • OTHER APPLICATIONS
  4. MARKET BY SPACE TYPE
    • INDOOR SPACE
    • OUTDOOR SPACE
  5. MARKET BY END USER
    • RESIDENTIAL END USER
    • COMMERCIAL END USER
  6. MARKET BY INDUSTRY VERTICAL
    • ENERGY & UTILITIES
    • HEALTHCARE
    • RETAIL
    • GOVERNMENT
    • TRANSPORTATION & LOGISTICS
    • EDUCATION
    • MANUFACTURING
    • OTHER INDUSTRIAL VERTICALS
  7. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. COMPANY PROFILES
    • IBM
    • CISCO SYSTEMS, INC.
    • COOR
    • EUTECH CYBERNETICS PTE, LTD
    • HITACHI VANTARA
    • HUAWEI TECHNOLOGIES CO. LTD.
    • SCHNEIDER ELECTRIC SE
    • SIEMENS AG
    • SMARTSPACE SOFTWARE PLC
    • SPACEWELL

TABLE LIST

TABLE 1: MARKET SNAPSHOT- SMART SPACES

TABLE 2: NUMBER OF PEOPLE USING INTERNET

TABLE 3: NORTH AMERICA SMART SPACES MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 4: NORTH AMERICA SMART SPACES MARKET, BY COMPONENT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 5: NORTH AMERICA SMART SPACES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: NORTH AMERICA SMART SPACES MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: NORTH AMERICA SMART SPACES MARKET, BY SPACES TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 8: NORTH AMERICA SMART SPACES MARKET, BY SPACES TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 9: NORTH AMERICA SMART SPACES MARKET, BY END USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 10: NORTH AMERICA SMART SPACES MARKET, BY END USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 11: NORTH AMERICA SMART SPACES MARKET, BY INDUSTRY VERTICAL, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 12: NORTH AMERICA SMART SPACES MARKET, BY INDUSTRY VERTICAL, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 13: NORTH AMERICA SMART SPACES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 14: NORTH AMERICA SMART SPACES MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

FIGURE LIST 

FIGURE 1: SMART SPACES TECHNOLOGY PROCESS

FIGURE 2: KEY INVESTMENT INSIGHTS

FIGURE 3: PORTER’S FIVE FORCE ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS: SMART METERS

FIGURE 7: NORTH AMERICA SMART SPACES MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2019

FIGURE 8: NORTH AMERICA SMART SPACES MARKET, BY HARDWARE COMPONENT, 2020-2028 (IN $ MILLION)

FIGURE 9: NORTH AMERICA SMART SPACES MARKET, BY SOFTWARE COMPONENT, 2020-2028 (IN $ MILLION)

FIGURE 10: NORTH AMERICA SMART SPACES MARKET, BY SERVICE COMPONENT, 2020-2028 (IN $ MILLION)

FIGURE 11: NORTH AMERICA SMART SPACES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 12: NORTH AMERICA SMART SPACES MARKET, BY LAYOUT & SPACES MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 13: NORTH AMERICA SMART SPACES MARKET, BY ENERGY MANAGEMENT AND OPTIMIZATION, 2020-2028 (IN $ MILLION)

FIGURE 14: NORTH AMERICA SMART SPACES MARKET, BY EMERGENCY & DISASTER MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 15: NORTH AMERICA SMART SPACES MARKET, BY SECURITY MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 16: NORTH AMERICA SMART SPACES MARKET, BY OTHER APPLICATIONS, 2020-2028 (IN $ MILLION)

FIGURE 17: NORTH AMERICA SMART SPACES MARKET, GROWTH POTENTIAL, BY SPACES TYPE, IN 2019

FIGURE 18: NORTH AMERICA SMART SPACES MARKET, BY INDOOR SPACES, 2020-2028 (IN $ MILLION)

FIGURE 19: NORTH AMERICA SMART SPACES MARKET, BY OUTDOOR SPACES, 2020-2028 (IN $ MILLION)

FIGURE 20: NORTH AMERICA SMART SPACES MARKET, GROWTH POTENTIAL, BY END USER, IN 2019

FIGURE 21: NORTH AMERICA SMART SPACES MARKET, BY RESIDENTIAL END USER, 2020-2028 (IN $ MILLION)

FIGURE 22: NORTH AMERICA SMART SPACES MARKET, BY COMMERCIAL END USER, 2020-2028 (IN $ MILLION)

FIGURE 23: NORTH AMERICA SMART SPACES MARKET, GROWTH POTENTIAL, BY INDUSTRY VERTICAL, IN 2019

FIGURE 24: NORTH AMERICA SMART SPACES MARKET, BY ENERGY & UTILITIES INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 25: NORTH AMERICA SMART SPACES MARKET, BY HEALTHCARE INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 26: NORTH AMERICA SMART SPACES MARKET, BY RETAIL INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 27: NORTH AMERICA SMART SPACES MARKET, BY GOVERNMENT INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 28: NORTH AMERICA SMART SPACES MARKET, BY TRANSPORTATION & LOGISTICS INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 29: NORTH AMERICA SMART SPACES MARKET, BY EDUCATION INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 30: NORTH AMERICA SMART SPACES MARKET, BY MANUFACTURING INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 31: NORTH AMERICA SMART SPACES MARKET, BY OTHER INDUSTRY VERTICALS, 2020-2028 (IN $ MILLION)

FIGURE 32: NORTH AMERICA SMART SPACES MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 33: UNITED STATES SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: CANADA SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  1. MARKET BY COMPONENT
    • HARDWARE COMPONENT
    • SOFTWARE COMPONENT
    • SERVICE COMPONENT
  2. MARKET BY APPLICATION
    • LAYOUT & SPACE MANAGEMENT
    • ENERGY MANAGEMENT AND OPTIMIZATION
    • EMERGENCY & DISASTER MANAGEMENT
    • SECURITY MANAGEMENT
    • OTHER APPLICATIONS
  3. MARKET BY SPACE TYPE
    • INDOOR SPACE
    • OUTDOOR SPACE
  4. MARKET BY END USER
    • RESIDENTIAL END USER
    • COMMERCIAL END USER
  5. MARKET BY INDUSTRY VERTICAL
    • ENERGY & UTILITIES
    • HEALTHCARE
    • RETAIL
    • GOVERNMENT
    • TRANSPORTATION & LOGISTICS
    • EDUCATION
    • MANUFACTURING
    • OTHER INDUSTRIAL VERTICALS

To request a free sample copy of this report, please complete the form below :
We offer 10% free customization including country-level data, niche applications and competitive landscape with every report.

Choose License Type

Buy Now