North America Smart Space Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$5,308.2

Forecast, 2030 (US$M)

$10,484.2

CAGR, 2024 - 2030

10.2%

Report Coverage

North America

North America smart space market, 2018-2030 (US$M)

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Related Markets

Global Smart Space Industry Outlook

Europe Smart Space Market Outlook

Asia Pacific Smart Space Market Outlook

Latin America Smart Space Market Outlook

MEA Smart Space Market Outlook

North America smart space market highlights

The North America smart space market generated a revenue of USD 5,308.2 million in 2023.
The market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
In terms of segment, solution was the largest revenue generating component in 2023.
Solution is the most lucrative component segment registering the fastest growth during the forecast period.

North America data book summary

Market revenue in 2023	USD 5,308.2 million
Market revenue in 2030	USD 10,484.2 million
Growth rate	10.2% (CAGR from 2023 to 2030)
Largest segment	Solution
Fastest growing segment	Solution
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Solution

Other key industry trends

In terms of revenue, North America region accounted for 38.0% of the global smart space market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 12,881.5 million by 2030.

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Smart Space Market Scope

Smart space market segmentation & scope

Component

Solution

Service

Application

Energy Management and Optimization

Emergency Management

Security Management

Other

Premise Type

Commercial

Residential

Other

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

Canada

Mexico

France

Italy

Spain

Denmark

Germany

Norway

Sweden

Australia

China

India

Japan

South Korea

Thailand

Brazil

Argentina

Saudi Arabia

South Africa

UAE

Kuwait

Smart Space Market Companies

Name	Profile	# Employees	HQ	Website

North America smart space market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart space market will help companies and investors design strategic landscapes.

Solution was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the North America smart space market based on solution covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of North America smart space market databook

Our clientele includes a mix of smart space market companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart space market , including forecasts for subscribers. This continent databook contains high-level insights into North America smart space market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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