The space management solutions market is poised to witness a CAGR of 7.8% during the forecast period. Over this projection period, the space management solutions market share is estimated to reach a net worth of USD 1.89 Billion by 2032, improving from the current valuation of USD 890 Million in 2022.
Attributes | Details |
---|---|
Space Management Solutions Market Value in 2022 | USD 890 Million |
Space Management Solutions Market Value in 2032 | USD 1.89 Billion |
Space Management Solutions Market CAGR (2022 to 2032) | 7.8% |
The rising need for managing valuable assets and physical store space is turning out to be one of the major factors driving the growth of the space management solutions market. Moreover, the rising demand for space management solutions in the retail sector is also turning out to be another major factor driving the growth of the market in a positive manner in recent years.
Space management solutions are adopted by most enterprises in order to maximize the performance of their total floor space, and it also helps to improve employee productivity. The space management solutions enable enterprises to enhance their decision-making for future investments and improve compliance reporting for space allocations with several advanced features, which include visual space planning, strategic planning, move management, space surveys and reporting.
Most of the sales of space planning and space management software are achieved for workplace management necessities arising out of resources and infrastructure constraints. Some of the prominent factors favouring the space planning and space management software market growth:
Scarcity of Skilled Labours - An Obstacle to Knowledge Transfer
Some challenges holding back the space planning and space management software market from realizing its full potential:
Lack of visibility across the entire inventory of space which leads to delays in decision making is the major challenge faced by most of the vendors in the space management solutions market.
Among all the major end-use verticals of the market, the Hospital sector is anticipated to rule the space planning and space management market over the forecast period. The deployment of patient beds on the hospital floor is what fuels the segments rise.
Particularly the peak period of the Covid-19 pandemic compelled healthcare institutions to adopt such software to accommodate a maximum number of patients. Such advantages have resulted in higher demand for space planning and space management software even after the subsidence of the pandemic period.
The North American region holds the largest space planning and space management software market by contributing almost 28.5% share in the overall sales and export.
Among the assessed regions, the space management solutions market in North America is expected to dominate during the forecast period owing to its rising adoption for optimizing enterprise resource planning. North America region is expected to be followed by Western Europe and APAC.
Over the last couple of years, Asia Pacific countries have witnessed some remarkable growth opportunities and have acquired the 2nd position with a contribution of around 22.6%.
This space planning and space management software market analysis report represents the figures in favour of the Asia Pacific region for rapid growth during the forecast years.
A number of businesses involved in the space planning and space management software market are now engaged in launching strategies like target marketing and improving user experience as a way of boosting their brand recognition. The recent developments in the direction of integrating features related to other business activities have also created immense opportunities for the key players in the present market.
Sensing the huge gap in the existing market for providing suitable solutions according to rapidly diversifying workplace environments, many new entrants have come up in the space planning and space management software market in recent years. Many start-up companies have also started providing support services as a major strategy to penetrate the market.
The overall space planning and space management software market is turning fragmented with the emergence of many new players that were once consolidated due to the dominance of some prominent solution developers.
Serraview is a renowned workplace management software provider that entered into a long-term partnership with PointGrab in March 2017. PointGrab is known for developing Cognipoint edge-analytics smart sensing solutions that will be integrated with software for further strengthening the sales of space planning and space management software by the company.
Attributes | Details |
---|---|
Growth Rate | CAGR of 7.8% from 2022 to 2032. |
Base year for Estimation | 2022 |
Historical Data Available for | 2016 to 2021 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis. |
Segments Covered | Solution Type, Services, End User Industry, Regions |
Regions Covered | North America; Latin America; Asia Pacific; Japan; Western Europe; Eastern Europe; Middle East & Africa |
Key Countries Profiled | The USA, Canada, Brazil, Argentina, Germany, The UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, GCC, South Africa |
Key Companies Profiled | Accurent; Symphony Retail Solutions; Trimble Navigation Limited; JDA Software Group, Inc.; Asset Works.; Others |
Customization | Available upon Request |
Table 1: Global Space Management Solutions Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 2: Global Space Management Solutions Market Value (US$ Mn) Forecast by Solutions, 2017-2032
Table 3: Global Space Management Solutions Market Value (US$ Mn) Forecast by Services, 2017-2032
Table 4: Global Space Management Solutions Market Value (US$ Mn) Forecast by Industries, 2017-2032
Table 5: North America Space Management Solutions Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 6: North America Space Management Solutions Market Value (US$ Mn) Forecast by Solutions, 2017-2032
Table 7: North America Space Management Solutions Market Value (US$ Mn) Forecast by Services, 2017-2032
Table 8: North America Space Management Solutions Market Value (US$ Mn) Forecast by Industries, 2017-2032
Table 9: Latin America Space Management Solutions Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: Latin America Space Management Solutions Market Value (US$ Mn) Forecast by Solutions, 2017-2032
Table 11: Latin America Space Management Solutions Market Value (US$ Mn) Forecast by Services, 2017-2032
Table 12: Latin America Space Management Solutions Market Value (US$ Mn) Forecast by Industries, 2017-2032
Table 13: Europe Space Management Solutions Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Europe Space Management Solutions Market Value (US$ Mn) Forecast by Solutions, 2017-2032
Table 15: Europe Space Management Solutions Market Value (US$ Mn) Forecast by Services, 2017-2032
Table 16: Europe Space Management Solutions Market Value (US$ Mn) Forecast by Industries, 2017-2032
Table 17: Asia Pacific Space Management Solutions Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Asia Pacific Space Management Solutions Market Value (US$ Mn) Forecast by Solutions, 2017-2032
Table 19: Asia Pacific Space Management Solutions Market Value (US$ Mn) Forecast by Services, 2017-2032
Table 20: Asia Pacific Space Management Solutions Market Value (US$ Mn) Forecast by Industries, 2017-2032
Table 21: MEA Space Management Solutions Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 22: MEA Space Management Solutions Market Value (US$ Mn) Forecast by Solutions, 2017-2032
Table 23: MEA Space Management Solutions Market Value (US$ Mn) Forecast by Services, 2017-2032
Table 24: MEA Space Management Solutions Market Value (US$ Mn) Forecast by Industries, 2017-2032
Figure 1: Global Space Management Solutions Market Value (US$ Mn) by Solutions, 2022-2032
Figure 2: Global Space Management Solutions Market Value (US$ Mn) by Services, 2022-2032
Figure 3: Global Space Management Solutions Market Value (US$ Mn) by Industries, 2022-2032
Figure 4: Global Space Management Solutions Market Value (US$ Mn) by Region, 2022-2032
Figure 5: Global Space Management Solutions Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 6: Global Space Management Solutions Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 7: Global Space Management Solutions Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 8: Global Space Management Solutions Market Value (US$ Mn) Analysis by Solutions, 2017-2032
Figure 9: Global Space Management Solutions Market Value Share (%) and BPS Analysis by Solutions, 2022-2032
Figure 10: Global Space Management Solutions Market Y-o-Y Growth (%) Projections by Solutions, 2022-2032
Figure 11: Global Space Management Solutions Market Value (US$ Mn) Analysis by Services, 2017-2032
Figure 12: Global Space Management Solutions Market Value Share (%) and BPS Analysis by Services, 2022-2032
Figure 13: Global Space Management Solutions Market Y-o-Y Growth (%) Projections by Services, 2022-2032
Figure 14: Global Space Management Solutions Market Value (US$ Mn) Analysis by Industries, 2017-2032
Figure 15: Global Space Management Solutions Market Value Share (%) and BPS Analysis by Industries, 2022-2032
Figure 16: Global Space Management Solutions Market Y-o-Y Growth (%) Projections by Industries, 2022-2032
Figure 17: Global Space Management Solutions Market Attractiveness by Solutions, 2022-2032
Figure 18: Global Space Management Solutions Market Attractiveness by Services, 2022-2032
Figure 19: Global Space Management Solutions Market Attractiveness by Industries, 2022-2032
Figure 20: Global Space Management Solutions Market Attractiveness by Region, 2022-2032
Figure 21: North America Space Management Solutions Market Value (US$ Mn) by Solutions, 2022-2032
Figure 22: North America Space Management Solutions Market Value (US$ Mn) by Services, 2022-2032
Figure 23: North America Space Management Solutions Market Value (US$ Mn) by Industries, 2022-2032
Figure 24: North America Space Management Solutions Market Value (US$ Mn) by Country, 2022-2032
Figure 25: North America Space Management Solutions Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 26: North America Space Management Solutions Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 27: North America Space Management Solutions Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 28: North America Space Management Solutions Market Value (US$ Mn) Analysis by Solutions, 2017-2032
Figure 29: North America Space Management Solutions Market Value Share (%) and BPS Analysis by Solutions, 2022-2032
Figure 30: North America Space Management Solutions Market Y-o-Y Growth (%) Projections by Solutions, 2022-2032
Figure 31: North America Space Management Solutions Market Value (US$ Mn) Analysis by Services, 2017-2032
Figure 32: North America Space Management Solutions Market Value Share (%) and BPS Analysis by Services, 2022-2032
Figure 33: North America Space Management Solutions Market Y-o-Y Growth (%) Projections by Services, 2022-2032
Figure 34: North America Space Management Solutions Market Value (US$ Mn) Analysis by Industries, 2017-2032
Figure 35: North America Space Management Solutions Market Value Share (%) and BPS Analysis by Industries, 2022-2032
Figure 36: North America Space Management Solutions Market Y-o-Y Growth (%) Projections by Industries, 2022-2032
Figure 37: North America Space Management Solutions Market Attractiveness by Solutions, 2022-2032
Figure 38: North America Space Management Solutions Market Attractiveness by Services, 2022-2032
Figure 39: North America Space Management Solutions Market Attractiveness by Industries, 2022-2032
Figure 40: North America Space Management Solutions Market Attractiveness by Country, 2022-2032
Figure 41: Latin America Space Management Solutions Market Value (US$ Mn) by Solutions, 2022-2032
Figure 42: Latin America Space Management Solutions Market Value (US$ Mn) by Services, 2022-2032
Figure 43: Latin America Space Management Solutions Market Value (US$ Mn) by Industries, 2022-2032
Figure 44: Latin America Space Management Solutions Market Value (US$ Mn) by Country, 2022-2032
Figure 45: Latin America Space Management Solutions Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 46: Latin America Space Management Solutions Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 47: Latin America Space Management Solutions Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 48: Latin America Space Management Solutions Market Value (US$ Mn) Analysis by Solutions, 2017-2032
Figure 49: Latin America Space Management Solutions Market Value Share (%) and BPS Analysis by Solutions, 2022-2032
Figure 50: Latin America Space Management Solutions Market Y-o-Y Growth (%) Projections by Solutions, 2022-2032
Figure 51: Latin America Space Management Solutions Market Value (US$ Mn) Analysis by Services, 2017-2032
Figure 52: Latin America Space Management Solutions Market Value Share (%) and BPS Analysis by Services, 2022-2032
Figure 53: Latin America Space Management Solutions Market Y-o-Y Growth (%) Projections by Services, 2022-2032
Figure 54: Latin America Space Management Solutions Market Value (US$ Mn) Analysis by Industries, 2017-2032
Figure 55: Latin America Space Management Solutions Market Value Share (%) and BPS Analysis by Industries, 2022-2032
Figure 56: Latin America Space Management Solutions Market Y-o-Y Growth (%) Projections by Industries, 2022-2032
Figure 57: Latin America Space Management Solutions Market Attractiveness by Solutions, 2022-2032
Figure 58: Latin America Space Management Solutions Market Attractiveness by Services, 2022-2032
Figure 59: Latin America Space Management Solutions Market Attractiveness by Industries, 2022-2032
Figure 60: Latin America Space Management Solutions Market Attractiveness by Country, 2022-2032
Figure 61: Europe Space Management Solutions Market Value (US$ Mn) by Solutions, 2022-2032
Figure 62: Europe Space Management Solutions Market Value (US$ Mn) by Services, 2022-2032
Figure 63: Europe Space Management Solutions Market Value (US$ Mn) by Industries, 2022-2032
Figure 64: Europe Space Management Solutions Market Value (US$ Mn) by Country, 2022-2032
Figure 65: Europe Space Management Solutions Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 66: Europe Space Management Solutions Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 67: Europe Space Management Solutions Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 68: Europe Space Management Solutions Market Value (US$ Mn) Analysis by Solutions, 2017-2032
Figure 69: Europe Space Management Solutions Market Value Share (%) and BPS Analysis by Solutions, 2022-2032
Figure 70: Europe Space Management Solutions Market Y-o-Y Growth (%) Projections by Solutions, 2022-2032
Figure 71: Europe Space Management Solutions Market Value (US$ Mn) Analysis by Services, 2017-2032
Figure 72: Europe Space Management Solutions Market Value Share (%) and BPS Analysis by Services, 2022-2032
Figure 73: Europe Space Management Solutions Market Y-o-Y Growth (%) Projections by Services, 2022-2032
Figure 74: Europe Space Management Solutions Market Value (US$ Mn) Analysis by Industries, 2017-2032
Figure 75: Europe Space Management Solutions Market Value Share (%) and BPS Analysis by Industries, 2022-2032
Figure 76: Europe Space Management Solutions Market Y-o-Y Growth (%) Projections by Industries, 2022-2032
Figure 77: Europe Space Management Solutions Market Attractiveness by Solutions, 2022-2032
Figure 78: Europe Space Management Solutions Market Attractiveness by Services, 2022-2032
Figure 79: Europe Space Management Solutions Market Attractiveness by Industries, 2022-2032
Figure 80: Europe Space Management Solutions Market Attractiveness by Country, 2022-2032
Figure 81: Asia Pacific Space Management Solutions Market Value (US$ Mn) by Solutions, 2022-2032
Figure 82: Asia Pacific Space Management Solutions Market Value (US$ Mn) by Services, 2022-2032
Figure 83: Asia Pacific Space Management Solutions Market Value (US$ Mn) by Industries, 2022-2032
Figure 84: Asia Pacific Space Management Solutions Market Value (US$ Mn) by Country, 2022-2032
Figure 85: Asia Pacific Space Management Solutions Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 86: Asia Pacific Space Management Solutions Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 87: Asia Pacific Space Management Solutions Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 88: Asia Pacific Space Management Solutions Market Value (US$ Mn) Analysis by Solutions, 2017-2032
Figure 89: Asia Pacific Space Management Solutions Market Value Share (%) and BPS Analysis by Solutions, 2022-2032
Figure 90: Asia Pacific Space Management Solutions Market Y-o-Y Growth (%) Projections by Solutions, 2022-2032
Figure 91: Asia Pacific Space Management Solutions Market Value (US$ Mn) Analysis by Services, 2017-2032
Figure 92: Asia Pacific Space Management Solutions Market Value Share (%) and BPS Analysis by Services, 2022-2032
Figure 93: Asia Pacific Space Management Solutions Market Y-o-Y Growth (%) Projections by Services, 2022-2032
Figure 94: Asia Pacific Space Management Solutions Market Value (US$ Mn) Analysis by Industries, 2017-2032
Figure 95: Asia Pacific Space Management Solutions Market Value Share (%) and BPS Analysis by Industries, 2022-2032
Figure 96: Asia Pacific Space Management Solutions Market Y-o-Y Growth (%) Projections by Industries, 2022-2032
Figure 97: Asia Pacific Space Management Solutions Market Attractiveness by Solutions, 2022-2032
Figure 98: Asia Pacific Space Management Solutions Market Attractiveness by Services, 2022-2032
Figure 99: Asia Pacific Space Management Solutions Market Attractiveness by Industries, 2022-2032
Figure 100: Asia Pacific Space Management Solutions Market Attractiveness by Country, 2022-2032
Figure 101: MEA Space Management Solutions Market Value (US$ Mn) by Solutions, 2022-2032
Figure 102: MEA Space Management Solutions Market Value (US$ Mn) by Services, 2022-2032
Figure 103: MEA Space Management Solutions Market Value (US$ Mn) by Industries, 2022-2032
Figure 104: MEA Space Management Solutions Market Value (US$ Mn) by Country, 2022-2032
Figure 105: MEA Space Management Solutions Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 106: MEA Space Management Solutions Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 107: MEA Space Management Solutions Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 108: MEA Space Management Solutions Market Value (US$ Mn) Analysis by Solutions, 2017-2032
Figure 109: MEA Space Management Solutions Market Value Share (%) and BPS Analysis by Solutions, 2022-2032
Figure 110: MEA Space Management Solutions Market Y-o-Y Growth (%) Projections by Solutions, 2022-2032
Figure 111: MEA Space Management Solutions Market Value (US$ Mn) Analysis by Services, 2017-2032
Figure 112: MEA Space Management Solutions Market Value Share (%) and BPS Analysis by Services, 2022-2032
Figure 113: MEA Space Management Solutions Market Y-o-Y Growth (%) Projections by Services, 2022-2032
Figure 114: MEA Space Management Solutions Market Value (US$ Mn) Analysis by Industries, 2017-2032
Figure 115: MEA Space Management Solutions Market Value Share (%) and BPS Analysis by Industries, 2022-2032
Figure 116: MEA Space Management Solutions Market Y-o-Y Growth (%) Projections by Industries, 2022-2032
Figure 117: MEA Space Management Solutions Market Attractiveness by Solutions, 2022-2032
Figure 118: MEA Space Management Solutions Market Attractiveness by Services, 2022-2032
Figure 119: MEA Space Management Solutions Market Attractiveness by Industries, 2022-2032
Figure 120: MEA Space Management Solutions Market Attractiveness by Country, 2022-2032
The space management solutions market is anticipated to register a CAGR of 7.8% through 2032.
The space management solutions market is estimated around USD 890 Million in 2022.
The space management solutions market is poised to be valued at USD 1.89 Billion by 2032.
The North America region captures a share of 28.5% of the space management solutions market.
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