The Europe Smart Space Market would witness market growth of 11.6% CAGR during the forecast period (2020-2026). Emerging companies are focused to adopt Artificial Intelligence (AI), Internet of Things (IoT), & Machine Learnings (ML) for providing variety of residential & commercial solutions and services to their customers. Research & development is one of the targets for companies to produce innovative smart technologies and is likely to drive the market.
Swift adoption of smart space technologies minimizes operational costs, scalability, 24/7 data accessibility, ease of usage & enhanced IT security that will contribute to the growth of the market during the forecast period. Though, Smart Space technology is still in the initial phase of adoption in some regions and is providing consumers with exciting content that adds value to their lives. This is a big challenge for growth of Smart Space technology across the globe.
The smart spaces can sense the working style of the people, allowing it to adjust itself to adapt and contextualize to their needs. Moreover, companies that are providing smart space solutions are adopting advance technologies such as Machine Learning (ML), Internet of Things (IoT), and Artificial Intelligence (AI) that offer various services to the customers and it is expected to drive the smart space market. For example, Microsoft Corporation uses IoT spatial intelligence to furnish buildings with some exciting new options, like cafés that can talk to their customers, garages helping the customer to park, and conference rooms that can inform who’s there and who’s not. Additionally, Datahoist has incorporated IoT in its solutions that makes buildings smarter. The company is able to gather and processes elevator data by using IoT devices along with adaptive, self-learning algorithms. This solution reduces the labor costs and eliminates the need for unnecessary parts replacements, routine maintenance checks, and capable of sending alerts before breakages happen, thus prevent unplanned outages.
Based on Component, the market is segmented into Solutions and Services. Based on Application, the market is segmented into Energy Management & Optimization, Emergency Management, Security Management and Others. Based on Premises Type, the market is segmented into Commercial, Residential and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Smart Space Market in Europe is expected to register a CAGR of 11.6% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Cisco Systems, Inc., Siemens AG, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), IBM Corporation, Schneider Electric SE, Hitachi, Ltd., Nemetschek Group (Spacewell International), SmartSpace Software PLC and Avnet, Inc. (Softweb Solutions, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Energy Management & Optimization
- Emergency Management
- Security Management
- Others
By Premises Type
- Commercial
- Residential
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Companies Profiled
- ABB Group
- Cisco Systems, Inc.
- Siemens AG
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- IBM Corporation
- Schneider Electric SE
- Hitachi, Ltd.
- Nemetschek Group (Spacewell International)
- SmartSpace Software PLC
- Avnet, Inc. (Softweb Solutions, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Smart Space Market, by Component
1.4.2 Europe Smart Space Market, by Application
1.4.3 Europe Smart Space Market, by Premises Type
1.4.4 Europe Smart Space Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2020, Dec) Leading Players
Chapter 4. Europe Smart Space Market by Component
4.1 Europe Smart Space Market Solutions Market by Country
4.2 Europe Smart Space Market Services Market by Country
Chapter 5. Europe Smart Space Market by Application
5.1 Europe Energy Management & Optimization Smart Space Market by Country
5.2 Europe Emergency Management Smart Space Market by Country
5.3 Europe Security Management Smart Space Market by Country
5.4 Europe Other Application Smart Space Market by Country
Chapter 6. Europe Smart Space Market by Premises Type
6.1 Europe Commercial Market by Country
6.2 Europe Residential Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Smart Space Market by Country
7.1 Germany Smart Space Market
7.1.1 Germany Smart Space Market by Component
7.1.2 Germany Smart Space Market by Application
7.1.3 Germany Smart Space Market by Premises Type
7.2 UK Smart Space Market
7.2.1 UK Smart Space Market by Component
7.2.2 UK Smart Space Market by Application
7.2.3 UK Smart Space Market by Premises Type
7.3 France Smart Space Market
7.3.1 France Smart Space Market by Component
7.3.2 France Smart Space Market by Application
7.3.3 France Smart Space Market by Premises Type
7.4 Russia Smart Space Market
7.4.1 Russia Smart Space Market by Component
7.4.2 Russia Smart Space Market by Application
7.4.3 Russia Smart Space Market by Premises Type
7.5 Spain Smart Space Market
7.5.1 Spain Smart Space Market by Component
7.5.2 Spain Smart Space Market by Application
7.5.3 Spain Smart Space Market by Premises Type
7.6 Italy Smart Space Market
7.6.1 Italy Smart Space Market by Component
7.6.2 Italy Smart Space Market by Application
7.6.3 Italy Smart Space Market by Premises Type
7.7 Rest of Europe Smart Space Market
7.7.1 Rest of Europe Smart Space Market by Component
7.7.2 Rest of Europe Smart Space Market by Application
7.7.3 Rest of Europe Smart Space Market by Premises Type
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Partnerships, Collaborations, and Agreements:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Cisco Systems, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.1 Recent strategies and developments:
8.2.1.1 Product Launches and Product Expansions:
8.2.1.2 Acquisition and Mergers:
8.2.2 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Partnerships, Collaborations, and Agreements:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Schneider Electric SE
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental And Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Partnerships, Collaborations, and Agreements:
8.6.5.3 Geographical Expansions:
8.6.6 SWOT Analysis
8.7 Hitachi, Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Nemetschek Group (Spacewell International)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental And Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.5.2 Partnerships, Collaborations, and Agreements:
8.8.5.3 Acquisition and Mergers:
8.9 SmartSpace Software PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.10. Avnet, Inc. (Softweb Solutions, Inc.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental And Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.10.4.2 Acquisition and Mergers:
8.10.4.3 Product Launches and Product Expansions:
TABLE 1 Europe Smart Space Market, 2016 - 2019, USD Million
TABLE 2 Europe Smart Space Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Space Market
TABLE 4 Product Launches And Product Expansions– Smart Space Market
TABLE 5 Geographical Expansions– Smart Space Market
TABLE 6 Acquisition and Mergers– Smart Space Market
TABLE 7 Europe Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 8 Europe Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 9 Europe Smart Space Market Solutions Market by Country, 2016 - 2019, USD Million
TABLE 10 Europe Smart Space Market Solutions Market by Country, 2020 - 2026, USD Million
TABLE 11 Europe Smart Space Market Services Market by Country, 2016 - 2019, USD Million
TABLE 12 Europe Smart Space Market Services Market by Country, 2020 - 2026, USD Million
TABLE 13 Europe Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 14 Europe Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 15 Europe Energy Management & Optimization Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 16 Europe Energy Management & Optimization Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 17 Europe Emergency Management Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 18 Europe Emergency Management Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 19 Europe Security Management Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 20 Europe Security Management Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 21 Europe Other Application Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 22 Europe Other Application Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 23 Europe Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 24 Europe Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 25 Europe Commercial Market by Country, 2016 - 2019, USD Million
TABLE 26 Europe Commercial Market by Country, 2020 - 2026, USD Million
TABLE 27 Europe Residential Market by Country, 2016 - 2019, USD Million
TABLE 28 Europe Residential Market by Country, 2020 - 2026, USD Million
TABLE 29 Europe Others Market by Country, 2016 - 2019, USD Million
TABLE 30 Europe Others Market by Country, 2020 - 2026, USD Million
TABLE 31 Europe Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 32 Europe Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 33 Germany Smart Space Market, 2016 - 2019, USD Million
TABLE 34 Germany Smart Space Market, 2020 - 2026, USD Million
TABLE 35 Germany Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 36 Germany Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 37 Germany Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 38 Germany Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 39 Germany Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 40 Germany Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 41 UK Smart Space Market, 2016 - 2019, USD Million
TABLE 42 UK Smart Space Market, 2020 - 2026, USD Million
TABLE 43 UK Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 44 UK Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 45 UK Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 46 UK Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 47 UK Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 48 UK Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 49 France Smart Space Market, 2016 - 2019, USD Million
TABLE 50 France Smart Space Market, 2020 - 2026, USD Million
TABLE 51 France Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 52 France Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 53 France Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 54 France Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 55 France Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 56 France Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 57 Russia Smart Space Market, 2016 - 2019, USD Million
TABLE 58 Russia Smart Space Market, 2020 - 2026, USD Million
TABLE 59 Russia Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 60 Russia Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 61 Russia Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 62 Russia Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 63 Russia Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 64 Russia Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 65 Spain Smart Space Market, 2016 - 2019, USD Million
TABLE 66 Spain Smart Space Market, 2020 - 2026, USD Million
TABLE 67 Spain Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 68 Spain Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 69 Spain Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 70 Spain Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 71 Spain Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 72 Spain Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 73 Italy Smart Space Market, 2016 - 2019, USD Million
TABLE 74 Italy Smart Space Market, 2020 - 2026, USD Million
TABLE 75 Italy Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 76 Italy Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 77 Italy Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 78 Italy Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 79 Italy Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 80 Italy Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 81 Rest of Europe Smart Space Market, 2016 - 2019, USD Million
TABLE 82 Rest of Europe Smart Space Market, 2020 - 2026, USD Million
TABLE 83 Rest of Europe Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 84 Rest of Europe Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 85 Rest of Europe Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 86 Rest of Europe Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 87 Rest of Europe Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 88 Rest of Europe Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 89 Key Information – ABB Group
TABLE 90 Key Information – Cisco Systems, Inc.
TABLE 91 Key Information – Siemens AG
TABLE 92 key information – Huawei Technologies Co., Ltd.
TABLE 93 Key information – IBM Corporation
TABLE 94 Key information – Schneider Electric SE
TABLE 95 Key Information – Hitachi, Ltd.
TABLE 96 Key Information – Nemetschek Group
TABLE 97 key information – SmartSpace Software PLC
TABLE 98 Key Information – Avnet, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2020, Dec) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: Cisco Systems, Inc.
FIG 8 SWOT Analysis: Cisco Systems, Inc.
FIG 9 Recent strategies and developments: Siemens AG
FIG 10 Swot analysis: Siemens AG
FIG 11 Recent strategies and developments: Huawei Technologies Co., Ltd.
FIG 12 Swot analysis: IBM Corporation
FIG 13 Recent strategies and developments: Schneider Electric SE
FIG 14 Swot analysis: Schneider Electric SE
FIG 15 Recent strategies and developments: Hitachi, Ltd.
FIG 16 SWOT Analysis: Hitachi, ltd.
FIG 17 Recent strategies and developments: Nemetschek Group
FIG 18 Recent strategies and developments: SmartSpace Software PLC
FIG 19 Recent strategies and developments: Avnet, Inc.