Dublin, Feb. 08, 2021 (GLOBE NEWSWIRE) The "Smart Space Market by Component (Solutions and Services (professional & managed)), Application (Energy Optimization and Management, Emergency Management, & Security Management), Premises Type (Commercial, Residential), and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The Global Smart Space Market Size is Projected to Grow from USD 9.4 Billion in 2020 to USD 15.3 Billion by 2025, at a CAGR of 10.2% By component, the service segment to register the highest growth rate during the forecast period Services form an integral part of the software deployment and execution lifecycle. Services, including consulting, product support, updates, and maintenance, are required at various stages, starting from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get better ROI. Smart space is changing the way designers and enginee