The Latin America, Middle East and Africa Smart Space Market is expected to witness market growth of 12.7% CAGR during the forecast period (2020-2026).
With the rise in the sustainable green building initiatives owing to penetration of technology and environmental concerns in our day-to-day life, there is a rise in the growth of the adoption rate. Green buildings majorly focus on the effective lifecycle, efficiency, and performance of the building. These buildings are largely dependent on smart technologies that are combined with the entire system to improve the functions and performance of the building.
These technologies store valuable data and also analyze them and then provide the relevant personnel with necessary inputs. When sophisticated communications and control systems are integrated into the building from the foundation, the Opportunities for various innovations opens. A more comfortable built environment can be made by the application of smart construction, while at the same time it reduces the site’s carbon footprint. Self-sustaining buildings are one of the best solutions that will meet the energy demand and ever-growing technological as well as many countries’ stated objectives of liberation from carbon-based energy sources.
Smart space is shifting the way engineers and designers make new product designs and modifications. With the application of smart space, it become easier to manufacture complex products with complex geometries. The application of software has also increased across industrial manufacturing, automotive, and aerospace and defense verticals. Furthermore, the usage of smart space software for designing building plans and large construction projects is anticipated to grow swiftly in the architecture, building, and construction industries.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
By Premises Type
By Country
Companies Profiled
Unique Offerings from the Publisher
With the rise in the sustainable green building initiatives owing to penetration of technology and environmental concerns in our day-to-day life, there is a rise in the growth of the adoption rate. Green buildings majorly focus on the effective lifecycle, efficiency, and performance of the building. These buildings are largely dependent on smart technologies that are combined with the entire system to improve the functions and performance of the building.
These technologies store valuable data and also analyze them and then provide the relevant personnel with necessary inputs. When sophisticated communications and control systems are integrated into the building from the foundation, the Opportunities for various innovations opens. A more comfortable built environment can be made by the application of smart construction, while at the same time it reduces the site’s carbon footprint. Self-sustaining buildings are one of the best solutions that will meet the energy demand and ever-growing technological as well as many countries’ stated objectives of liberation from carbon-based energy sources.
Smart space is shifting the way engineers and designers make new product designs and modifications. With the application of smart space, it become easier to manufacture complex products with complex geometries. The application of software has also increased across industrial manufacturing, automotive, and aerospace and defense verticals. Furthermore, the usage of smart space software for designing building plans and large construction projects is anticipated to grow swiftly in the architecture, building, and construction industries.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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
- Solutions
- Services
By Application
- Energy Management & Optimization
- Emergency Management
- Security Management
- Others
By Premises Type
- Commercial
- Residential
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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.)
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Smart Space Market by Component
Chapter 5. LAMEA Smart Space Market by Application
Chapter 6. LAMEA Smart Space Market by Premises Type
Chapter 7. LAMEA Smart Space Market by Country
Chapter 8. 1Company Profiles
Companies Mentioned
- 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.)
Methodology
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