The global smart spaces market is predicted to touch USD 27,074 million at a 16.4% CAGR between 2017- 2024 states the recent Market Research Future (MRFR) analysis. Smart spaces, simply put, are environment which are equipped with visual and audio sensing system which can help in recognizing and reacting to people sans the need to wear special equipment.
Advanté has created and remains to be a leading player in the industry for high price, environment-friendly instant start welfare housing with the Oasis brand in hire and after sales service. Their 500 modules allow contractors at the start and end of a construction project to start work on site without delay, providing workers with welfare and office facilities. Advanté has approximately 50 employees and £ 11m in annual income.
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The MRFR report provides an inclusive segmental analysis of the global smart spaces market based on premise type, application, and component.
By component, the global smart spaces market is segmented into services and solutions. The services segment is again segmented into managed services and professional services. The professional services is again segmented into support and maintenance services, deployment and integration services, and consulting services. Of these, the solutions segment will lead the market over the forecast period.
The smart spaces market is supported by growth in IoT and other industry verticals. The population growth around the world and increasing demand of smart spaces market based services and products also support the market growth. However, the smart spaces market growth can be affected due to lack of technical expertise. The report covers all such details which will help companies in the smart spaces market to strengthen their business plan and improve their product portfolio. The smart spaces market research report also provides company profiles of major companies.
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