Trend is in for miniaturization thus relieving you all of the "less space" stress. 
Adjustable beds, convertable sofas, multifunctioning wardrobes, foldable furniture takes less of the space consumption and still not compromise with the exclusive design of your abode.
All the necessary furniture and accessories .
some visible, some not but everything of your demand will be there in your little or big space...yes such is the power of miniaturisation.