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 Market
Smart Space Market Outlook 2030 | New Business Opportunities is Expected to Hit At a CAGR of 13.4%
Proliferation of advanced technologies such as IoT and AI, increase in environmental concerns, and rise in number of greenfield projects drive the growth of the global smart space market. However, high initial capital expenditure and growth in privacy concerns pertaining to information manipulation hinder the market growth. On the other hand, surge in smart cities …
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, …