According to the report by Allied Market Research, the global smart space market generated $23.52 billion in 2018, and is expected to reach $86.52 billion by 2026, growing at a CAGR of 17.6% from 2019 to 2026. The emergence of advanced technologies including the internet of things (IoT) and artificial intelligence (AI) a rise in concerns related …
Tag Archives: Smart Space
Smart Space Market is Expected To Grow at the Highest CAGR During the Forecast Period 2021–2030
Emergence of advanced technologies including the internet of things (IoT) and artificial intelligence (AI), rise in concerns related to the environment, and increase in greenfield projects fuel the growth in the smart space market. However, increase in privacy concerns related to information manipulation and high capital investment restrain the market growth. On the other hand, …