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Self-Storage and Moving Services Market to Grow by USD 58.12 Billion (2025-2029), Driven by Global Real Estate Investments and AI-Powered Market Evolution – Technavio

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NEW YORK, Jan. 8, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global self-storage and moving services market size is estimated to grow by USD 58.12 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of almost 9.3%  during the forecast period. Growing real-estate investments globally is driving market growth, with a trend towards emergence of cloud-based self-storage and moving services software and mobile applications. However, steep competition due to fragmented marketplace and lack of adoption rate in emerging economies  poses a challenge. Key market players include Big Yellow Group, CubeSmart LP, Extra Space Storage Inc., Kennards Self Storage, Life Storage, Men On The Move, Mid West Moving and Storage Inc., MYMOVE LLC, National Storage, PODS Enterprises LLC, Public Storage, Ready Steady Store Ltd., Safestore Holdings plc, Schroders plc, SIRVA Worldwide Inc., Spacer, The Box, and U Haul International Inc..

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Self-Storage And Moving Services Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 9.3%

Market growth 2025-2029

USD 58122.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.9

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 60%

Key countries

US, Canada, Germany, UK, China, France, Japan, India, Spain, and South Korea

Key companies profiled

Big Yellow Group, CubeSmart LP, Extra Space Storage Inc., Kennards Self Storage, Life Storage, Men On The Move, Mid West Moving and Storage Inc., MYMOVE LLC, National Storage, PODS Enterprises LLC, Public Storage, Ready Steady Store Ltd., Safestore Holdings plc, Schroders plc, SIRVA Worldwide Inc., Spacer, The Box, and U Haul International Inc.

Market Driver

Cloud-based self-storage solutions, also known as software-as-a-service (SaaS), are increasingly adopted by vendors due to their cost-effective and centralized database advantages. These solutions, hosted online, eliminate the need for vendors to manage IT infrastructure. With the ability to import data from multiple geographies and flexible access to information, these solutions are gaining popularity in the self-storage and moving services market. The market’s growth is further driven by the launch of mobile apps by industry players and the economic and operational benefits of cloud-based solutions over traditional on-premises software. During the forecast period, the share of cloud-based self-storage software is projected to expand significantly. 

Self-Storage and Moving Services Market: Trends and Insights The Self-Storage and Moving Services Market is experiencing significant growth, driven by the increasing demand for flexible storage solutions and seamless moving experiences. Key trends include: 1. Self-Storage: Growing popularity of both climate-controlled and non-climate-controlled storage options, with fixed and mobile solutions (rooms, containers) catering to various needs. 2. Moving Services: Local, interstate, and international moving services, full-service moving, DIY truck rentals, and mileage charges are shaping the market. 3. Moving Services Technology: Cloud-based services, mobile apps, contactless payments, smart devices, and big data are transforming the moving and storage industries. 4. Moving Services for Specific Groups: College campuses, military bases, urban areas, renters, and businesses (additional storage space, surplus stock, inventory) are key customer segments. 5. Industrial Automation: Automation and industrial processes are streamlining self-storage and moving services, enhancing efficiency and customer experience. 6. Online Auctions: The rise of online auctions for buying and selling storage units and moving services is another emerging trend. In conclusion, the Self-Storage and Moving Services Market is a dynamic and evolving industry, with a focus on customer convenience, technology integration, and innovation. 

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 Market Challenges

•         In the self-storage and moving services market, competition is intense, particularly in developed economies where local facilities dominate the scene. Vendors must contend with similar marketing channels and less differentiated products. The top five US vendors accounted for only 31.2% of the market revenue in 2021, leaving 68.8% to numerous regional and local competitors. The self-storage market penetration in emerging economies like China, South Africa, India, and Brazil remains low, with self-storage adoption rates in Beijing and Shanghai being just 7% of Hong Kong’s. Challenges include customer resistance to self-storage solutions, insufficient infrastructure, and low urbanization rates in these countries. These factors will impact the growth of the global self-storage and moving services market significantly during the forecast period.

•         The self-storage and moving services market face various challenges. Containers and fixed storage units require significant investment for acquisition and maintenance. Mobile storage solutions, including trailers and portable units, offer flexibility but come with higher operating costs. Climate-controlled storage is essential for certain items but adds to the expense. Not climate-controlled storage may not meet customer demands, leading to lower occupancy rates. DIY truck rentals and mileage charges can impact profitability. College campuses, military bases, urban areas, and renters present growth opportunities. New business creation, value storage, and additional space needs drive demand. Industrial automation, online auctions, contactless payments, smart devices, and big data are transforming the industry. Storage facilities must adapt to meet the needs of retail businesses, surplus stock, inventory, and refurbishing projects. Moving offices and managing moving services also present challenges and opportunities.

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Segment Overview 

This self-storage and moving services market report extensively covers market segmentation by  

Type 1.1 Self-storage1.2 Moving servicesService 2.1 Climate-controlled self-storage2.2 Full-service moving2.3 Non-climate controlled self-storage2.4 DIY moving truck rentalGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Self-storage-  Self-storage is a business that rents out storage units on a short-term basis for individuals and businesses. These units come in various sizes and types, including standard rooms and climate-controlled options, catering to diverse requirements and budgets. Self-storage has gained traction in developing countries due to urbanization and the need for additional storage space. Key features of self-storage include flexibility, convenience, and security. Tenants can easily access their belongings at any time, and the facilities offer 24/7 surveillance and secure access. Self-storage units are ideal for seasonal items, excess inventory, or documents that require protection. The market growth is driven by increasing urbanization, a rise in the number of small businesses, and the need for additional space in both residential and commercial sectors.

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Research Analysis

The self-storage and moving services market caters to individuals and businesses in need of short-term or long-term storage solutions and professional moving assistance. Services include Local Moving, Interstate Moving, and International Moving. Self-Storage offerings range from Fixed Self-Storage units in warehouses to Mobile Self-Storage for smaller homes, apartments, and even industrial automation. Moving Services encompass Full-Service Moving, DIY truck rentals, and Moving Insurance. Homeownership rates influence the demand for moving services, while college campuses and military bases are significant markets for student and military relocations. Urban areas, renters, and the growing trend of downsizing also contribute to market growth. Innovations like truck rentals, online auctions, smart devices, and cloud technology further enhance the customer experience.

Market Research Overview

Self-Storage Services and Moving Services: Two Essential Solutions for Your Moving and Storage Needs Self-Storage Services: Self-Storage is an essential solution for individuals and businesses requiring extra space to store their belongings. Self-Storage facilities offer various types of storage units, including fixed and mobile, climate-controlled and non-climate-controlled, rooms, containers, and even mobile homes. These spaces cater to different needs, from smaller homes and apartments to larger industrial requirements. Self-Storage is also popular among college campuses, military bases, and urban areas where space is at a premium. Moving Services: Moving Services encompass local, interstate, and international moving, as well as moving truck rentals. Full-service moving companies offer assistance with packing, loading, and unloading, while DIY truck rentals allow for more control over the moving process. Mileage charges apply to moving services, and additional options include moving insurance, climate-controlled trailers, and mobile storage containers. Moving Services are crucial for renters, new business creation, and businesses requiring additional storage space or surplus inventory. Modern advancements in Self-Storage and Moving Services include cloud-based services, contactless payments, smart devices, and big data analysis to optimize storage and moving processes. Storage facilities also offer value-added services like refurbishing and moving offices. Overall, Self-Storage Services and Moving Services cater to a wide range of needs, ensuring a seamless transition for individuals and businesses alike.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeSelf-storageMoving ServicesServiceClimate-controlled Self-storageFull-service MovingNon-climate Controlled Self-storageDIY Moving Truck RentalGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

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RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

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Axon Announces Body 5: Next-Generation Camera Built for the AI Era

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Axon Body 5 delivers 25x the AI processing power of earlier-generation cameras, with upgraded connectivity, audio and battery life to support real-time situational awareness in the field

SCOTTSDALE, Ariz., Oct. 24, 2026 /PRNewswire/ — Axon (Nasdaq: AXON), the global leader in public safety technology, today announced Axon Body 5, its newest body-worn camera designed to bring more powerful intelligence, connectivity and real-time support directly to officers in the field.

For years, Axon body cameras have helped agencies capture critical evidence and create greater transparency. Body 5 is built to help officers during the call, with information, assistance and backup on the spot.

“Officers shouldn’t have to choose between getting information and watching the scene. With Axon Body 5, they don’t,” said Rick Smith, Axon Founder and CEO. “They capture a license or document with the camera, keep their hands free and eyes up, and get information faster than writing it down and calling it in by radio. An officer fully engaged with the person in front of them, not down at a notepad, is a safer officer and a better-served community.”

Axon Body 5: Built for the AI Era

Built from the ground up for the AI era, Axon Body 5 delivers 25x the AI processing power than earlier generation Axon body cameras, alongside advancements in connectivity, audio, video and battery life. Together, these upgrades give the camera the physical power to run smarter AI features — both today and as new AI tools are developed in the future — while also making it more dependable for officers to use every day. 

For the first time, Axon is also introducing two versions of its latest flagship camera: Axon Body 5 and Axon Body 5 Pro.

Both models feature several key advancements, including:

25x more processing power for AI: A powerful new computing architecture creates the capacity to support current and future AI features directly on the body camera.Enhanced video: Improved video captures clearer evidence across challenging environments, including better low-light performance.Improved connectivity: Seamless connectivity in urban and remote environments – and more precise location capability – helps officers, cameras and remote support teams stay connected when timely information matters most.Longer battery life: 20% more battery life than the previous generation helps keep the camera ready and connected throughout an officer’s shift.

The Axon Body 5 Pro will continue to gain new AI capabilities as they become available, growing along with the AI Era Plan. Additionally, new hardware features include:

A near-focus camera: An additional dedicated camera lens lets officers scan driver’s licenses to check status and search for wants or warrants in seconds, without returning to the patrol vehicle, with relevant information sent to Axon Fusus to support real-time operations.Front-facing speakers: Four additional speakers project even more powerful audio toward the person an officer is speaking with, helping real-time translations from Axon Assistant carry more clearly over heavy traffic or crowd noise. Additional memory: Extra space lets the camera run several AI tools at once, helping officers stay better informed and work faster.

Bringing More of Axon’s AI Era Into the Field

Axon Body 5 helps officers get more out of the Axon AI Era Plan by bringing smart tools right to the scene. Axon’s portfolio already supports public safety professionals across a growing range of tasks. For example, Draft One helps officers turn body-camera audio into high-quality report drafts and Axon Assistant provides voice-based information access and real-time translation.

Increasingly, Axon is also bringing AI into real-time operations.

Axon Guardian is a new category of AI features within the AI Era Plan that was specifically created to work with an officer’s field-based devices – starting with body cameras and in-car cameras – to improve safety. Guardian is designed to flag potential risks as situations unfold and create alerts when additional attention may be needed. Two of the first features include:

Escalation Detection: When an Axon Body 4 or Axon Body 5 camera is activated and recording, Guardian has the ability to detect potential conflicts in real time and create an alert in Axon Fusus. A human reviews the livestream and decides if additional support or action is needed.Approach Alert: When active on Axon Fleet 3, Guardian can detect if the door of a stopped vehicle opens and alert the officer through the in-car display and their body-worn camera.

Combined, Axon Body 5 and the expanding AI Era portfolio demonstrate the importance of AI as a critical resource to assist public safety professionals before, during and after an incident — reducing administrative burden, improving situational awareness and helping protect more lives.

Innovating Responsibly

Axon’s Responsible Innovation framework guides the development of all of its products. Designed with this in mind, Axon Body 5 and Guardian prioritize human oversight and maintain agency control over data. As a key part of the responsible innovation process, Axon’s independent Ethics and Equity Advisory Council was created to help responsibly develop and deploy new technologies with transparency, while aligning with community expectations.

General availability dates for Axon Body 5 and Axon Guardian will be announced soon. Product features and capabilities vary by configuration. For more information on Axon’s current products and services: Axon Product Catalog – Axon.com.

About Axon
Axon (Nasdaq: AXON) is the global leader in public safety technology supporting state, local, federal and international public safety agencies with technology designed to Protect Life. Complementing its mission, Axon’s growing Enterprise market focuses on protecting critical infrastructure and frontline workers across multiple industries including corporate security, hospitality, retail and healthcare. Founder-led since 1993, Axon builds products with transparency and responsibility. From TASER energy devices to today’s connected network of hardware – including cameras, drones, and robotics – cloud software, sensors, and AI-tools, the Axon ecosystem helps seamlessly protect people and places when it matters most. To ensure these technologies align with community expectations, Axon’s independent Ethics & Equity Advisory Council guides the ethical, inclusive, and accountable design of its products and services. Learn more about the EEAC and Axon’s Responsible Innovation framework at Axon Responsibility. 

Non-Axon trademarks are the property of their respective owners. Axon, TASER and the Delta Logo are trademarks of Axon Enterprise, Inc., some of which are registered in the US and other countries. For more information, visit www.axon.com/legal. All rights reserved.

Please visit https://investor.axon.com and https://www.axon.com/newsroom for more information.

Media Contact:
Kate MacKinnon
Vice President, Communications
press@axon.com

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In HelloNation, Custom Fabrication Expert Mark Coyle Explains a Common Mistake in Custom Aluminum Design

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The article explains why smart geometry, not thicker walls, creates stronger, more efficient aluminum components.

ROCHESTER, N.Y., Oct. 24, 2026 /PRNewswire/ — What early design choice causes many custom aluminum projects to become heavier, costlier, or harder to manufacture? That question is addressed in a HelloNation article featuring insights from Custom Fabrication Expert Mark Coyle of American Custom Metals, Inc. in Rochester, New York, that outlines how misunderstanding aluminum behavior leads designers to rely on thick walls instead of stronger geometry.

The article begins by explaining that many people assume thicker walls automatically make aluminum parts stronger. It notes that aluminum does not respond to wall thickness the way steel does. Instead, its performance is shaped by how the metal flows through the extrusion die. The article states that custom aluminum design is more effective when profiles use ribs, chambers, and flanges to create stiffness without adding unnecessary weight. This guidance helps readers understand why adding material often increases cost without improving strength.

The article also highlights that thicker walls change how aluminum moves during extrusion. When heavy areas fill more slowly, the metal cools unevenly and can develop stress that only appears later. The HelloNation piece explains that well-balanced geometry keeps extrusion smooth and predictable. This consistency makes it easier to maintain dimensional accuracy across long production runs. By focusing on geometry, custom aluminum design avoids the problems that come with slow extrusion speeds and uneven cooling.

Another insight in the article centers on how ribs and internal supports influence stability. It describes how a thin wall supported by a properly placed rib often performs better than a thick wall with no reinforcement. This happens because the rib helps distribute load, improve stiffness, and guide the aluminum as it cools. The article explains that this structural approach makes custom aluminum design more efficient and gives designers more control over how the final part behaves under pressure.

The article also shows why early collaboration between designer and fabricator prevents costly changes. It states that a fabricator familiar with extrusion can catch potential issues before a die is built. Small adjustments to corners or transitions can remove weak points or improve metal flow. The article notes that this teamwork keeps the design aligned with real-world production. By working together early, both sides reduce the risk of redesigning the die after the first test run.

Machining is another area where the article explains how wall thickness affects performance. Features such as deep pockets or sharp internal angles may require slow feed rates or special tooling. When walls are thicker than needed, those areas can become difficult to machine cleanly. The article states that thoughtful custom aluminum design makes machining more predictable. Small changes, such as adding radiused edges or sizing features to match standard tools, help shorten cycle times and prevent tool wear.

Thermal behavior receives detailed attention as well. The article explains that aluminum retains heat differently depending on the mass of each section. Thicker walls hold heat longer, which increases the chance of distortion during extrusion, machining, or finishing. When a design uses geometry to create strength, the material cools more evenly. This reduces warping and helps long profiles stay aligned. The article notes that stable cooling is important for components that require a precise fit and consistent shape throughout an entire production run.

Cost is also a key topic in the article. It states that heavier profiles increase material use, extrusion time, and tooling needs. A custom aluminum design that relies on geometry instead of mass lowers material consumption and keeps the fabrication process efficient. The article explains that lighter parts are easier to handle, ship, and assemble. This saves money across multiple stages of production and supports long-term manufacturing efficiency.

The article also notes that smart custom aluminum design creates profiles that behave predictably during extrusion and machining. Smooth transitions, balanced wall dimensions, and structural features help reduce the chance of distortion or dimensional drift. These elements also lower scrap rates and support reliable performance. By using geometry instead of excess material, designers build parts that maintain strength without compromising manufacturability.

As the article concludes, it emphasizes that avoiding thick walls is one of the best ways to improve performance and lower cost. It states that the most dependable custom aluminum components come from designs that use structural features to strengthen the profile. When designers understand how aluminum behaves at each stage of extrusion and machining, they create parts that are strong, efficient, and consistent from batch to batch. This approach turns custom aluminum design into a predictable process rather than a series of uncertain adjustments.

A Common Mistake in Custom Aluminum Design features insights from Mark Coyle, Custom Fabrication Expert of Rochester, NY, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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