Market Dynamics:
Growing adoption of space planning software from various industries such as corporate offices, healthcare, education, and manufacturing is driving the market growth. As per studies, on an average, organizations globally waste 10-25% of available floor space due to inefficient space utilization. Space planning software helps address this issue by offering data-driven space planning capabilities. Additionally, rising construction of new commercial buildings and renovation of existing infrastructure is also propelling the demand for such software to design spaces efficiently. However, high initial investment and maintenance cost of these solutions may hamper the market growth.

Key Takeaways
The Global Space Planning Software Market Size is expected to witness high growth, exhibiting CAGR of 8.11% over the forecast period, due to increasing need for effective management of office spaces. Rapid integration of IoT and sensor technologies with space planning tools enables dynamic monitoring and automation of large facilities and campuses.

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