ASIA PACIFIC SMART SPACES MARKET FORECAST 2020-2028

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ASIA PACIFIC SMART SPACES MARKET FORECAST 2020-2028

The Asia Pacific market of smart spaces is predicted to record a CAGR of 18.64% during the forecast period, 2020-2028. The factors boosting the market growth across the region are the enormous demands for, and rising consumption of electricity, coupled with an increase in the number of IoT connected devices. The smart spaces market of Asia Pacific is further analyzed by taking into consideration the market regions of India, South Korea, Japan, Singapore, Australia, China, and the rest of the Asia Pacific region. China has a big network of smart cities, with IoT registering its presence in every sector. Japan has innovative plans to develop smart cities at home and abroad with the help of artificial intelligence and networked devices technologies.

ASIA PACIFIC SMART SPACES MARKET FORECAST 2020-2028

Asia Pacific Smart Spaces Market by Component (Hardware Component, Software Component, Service Component) by Application (Layout & Space Management, Energy Management & Optimization, Emergency & Disaster Management, Security Management, Other Applications) by Space Type (Indoor Space, Outdoor Space) by End User (Residential End User, Commercial End User) by Industry Vertical (Energy & Utilities, Healthcare, Retail, Government, Transportation & Logistics, Education, Manufacturing, Other Industrial Verticals) by Geography.

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The Asia Pacific market of smart spaces is predicted to record a CAGR of 18.64% during the forecast period, 2020-2028. The factors boosting the market growth across the region are the enormous demands for, and rising consumption of electricity, coupled with an increase in the number of IoT connected devices.

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The smart spaces market of Asia Pacific is further analyzed by taking into consideration the market regions of India, South Korea, Japan, Singapore, Australia, China, and the rest of the Asia Pacific region. China has a big network of smart cities, with IoT registering its presence in every sector. Japan has innovative plans to develop smart cities at home and abroad with the help of artificial intelligence and networked devices technologies. Fujisawa Sustainable Smart Town is one such project created by Panasonic to make Japan more self-reliant and solve energy issues. Japan’s passion for robotics and other cutting edge technologies has led to the development of the IoT. These are the factors driving market growth in the region.

In countries like India, the government has taken the Smart Cities Mission initiative to boost economic growth and improve the quality of life of its citizens. The IoT market growth is driven by the availability of affordable devices combined with cloud computing, analytics, rising consumer expectation, government initiatives like smart transportation, smart grid, etc. These are the main factors driving the smart spaces market growth in India.

Huawei Technologies is one of the leading providers of information and communications technology infrastructure and other devices. The company is headquartered in Shenzhen, China.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE & ESTIMATES
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • PARENT MARKET ANALYSIS: IOT MARKET
    • MARKET DEFINITION
    • KEY DRIVERS
      • INCREASING INTERNET PENETRATION
      • HIGH ADOPTION RATE ACROSS INDUSTRIES
      • INCREASE IN SMART CITY PROJECTS
      • REDUCTION IN COST
      • NEED FOR ENVIRONMENTALLY SUSTAINABLE URBAN PLANNING
    • KEY RESTRAINTS
      • PRIVACY & SECURITY CONCERNS
      • HIGH INVESTMENT
      • BANDWIDTH LIMITATION
  1. KEY ANALYTICS
    • KEY INVESTMENT INSIGHTS
    • PORTER’S FIVE FORCE ANALYSIS
      • BUYER POWER
      • SUPPLIER POWER
      • SUBSTITUTION
      • NEW ENTRANTS
      • INDUSTRY RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  2. MARKET BY COMPONENT
    • HARDWARE COMPONENT
    • SOFTWARE COMPONENT
    • SERVICE COMPONENT
  3. MARKET BY APPLICATION
    • LAYOUT & SPACE MANAGEMENT
    • ENERGY MANAGEMENT AND OPTIMIZATION
    • EMERGENCY & DISASTER MANAGEMENT
    • SECURITY MANAGEMENT
    • OTHER APPLICATIONS
  4. MARKET BY SPACE TYPE
    • INDOOR SPACE
    • OUTDOOR SPACE
  5. MARKET BY END USER
    • RESIDENTIAL END USER
    • COMMERCIAL END USER
  6. MARKET BY INDUSTRY VERTICAL
    • ENERGY & UTILITIES
    • HEALTHCARE
    • RETAIL
    • GOVERNMENT
    • TRANSPORTATION & LOGISTICS
    • EDUCATION
    • MANUFACTURING
    • OTHER INDUSTRIAL VERTICALS
  7. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • SINGAPORE
      • AUSTRALIA
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • IBM
    • CISCO SYSTEMS, INC.
    • COOR
    • EUTECH CYBERNETICS PTE, LTD
    • HITACHI VANTARA
    • HUAWEI TECHNOLOGIES CO. LTD.
    • SCHNEIDER ELECTRIC SE
    • SIEMENS AG
    • SMARTSPACE SOFTWARE PLC
    • SPACEWELL

TABLE LIST

TABLE 1: MARKET SNAPSHOT – SMART SPACES

TABLE 2: NUMBER OF PEOPLE USING INTERNET

TABLE 3: ASIA PACIFIC SMART SPACES MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 4: ASIA PACIFIC SMART SPACES MARKET, BY COMPONENT, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 5: ASIA PACIFIC SMART SPACES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 6: ASIA PACIFIC SMART SPACES MARKET, BY APPLICATION, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 7: ASIA PACIFIC SMART SPACES MARKET, BY SPACES TYPE, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 8: ASIA PACIFIC SMART SPACES MARKET, BY SPACES TYPE, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 9: ASIA PACIFIC SMART SPACES MARKET, BY END USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 10: ASIA PACIFIC SMART SPACES MARKET, BY END USER, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 11: ASIA PACIFIC SMART SPACES MARKET, BY INDUSTRY VERTICAL, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 12: ASIA PACIFIC SMART SPACES MARKET, BY INDUSTRY VERTICAL, FORECAST YEARS, 2020-2028 (IN $ MILLION)

TABLE 13: ASIA PACIFIC SMART SPACES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

TABLE 14: ASIA PACIFIC SMART SPACES MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: SMART SPACES TECHNOLOGY PROCESS

FIGURE 2: KEY INVESTMENT INSIGHTS

FIGURE 3: PORTER’S FIVE FORCE ANALYSIS

FIGURE 4: OPPORTUNITY MATRIX

FIGURE 5: VENDOR LANDSCAPE

FIGURE 6: VALUE CHAIN ANALYSIS: SMART METERS

FIGURE 7: ASIA PACIFIC SMART SPACES MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2019

FIGURE 8: ASIA PACIFIC SMART SPACES MARKET, BY HARDWARE COMPONENT, 2020-2028 (IN $ MILLION)

FIGURE 9: ASIA PACIFIC SMART SPACES MARKET, BY SOFTWARE COMPONENT, 2020-2028 (IN $ MILLION)

FIGURE 10: ASIA PACIFIC SMART SPACES MARKET, BY SERVICE COMPONENT, 2020-2028 (IN $ MILLION)

FIGURE 11: ASIA PACIFIC SMART SPACES MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2019

FIGURE 12: ASIA PACIFIC SMART SPACES MARKET, BY LAYOUT & SPACES MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 13: ASIA PACIFIC SMART SPACES MARKET, BY ENERGY MANAGEMENT AND OPTIMIZATION, 2020-2028 (IN $ MILLION)

FIGURE 14: ASIA PACIFIC SMART SPACES MARKET, BY EMERGENCY & DISASTER MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 15: ASIA PACIFIC SMART SPACES MARKET, BY SECURITY MANAGEMENT, 2020-2028 (IN $ MILLION)

FIGURE 16: ASIA PACIFIC SMART SPACES MARKET, BY OTHER APPLICATIONS, 2020-2028 (IN $ MILLION)

FIGURE 17: ASIA PACIFIC SMART SPACES MARKET, GROWTH POTENTIAL, BY SPACES TYPE, IN 2019

FIGURE 18: ASIA PACIFIC SMART SPACES MARKET, BY INDOOR SPACES, 2020-2028 (IN $ MILLION)

FIGURE 19: ASIA PACIFIC SMART SPACES MARKET, BY OUTDOOR SPACES, 2020-2028 (IN $ MILLION)

FIGURE 20: ASIA PACIFIC SMART SPACES MARKET, GROWTH POTENTIAL, BY END USER, IN 2019

FIGURE 21: ASIA PACIFIC SMART SPACES MARKET, BY RESIDENTIAL END USER, 2020-2028 (IN $ MILLION)

FIGURE 22: ASIA PACIFIC SMART SPACES MARKET, BY COMMERCIAL END USER, 2020-2028 (IN $ MILLION)

FIGURE 23: ASIA PACIFIC SMART SPACES MARKET, GROWTH POTENTIAL, BY INDUSTRY VERTICAL, IN 2019

FIGURE 24: ASIA PACIFIC SMART SPACES MARKET, BY ENERGY & UTILITIES INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 25: ASIA PACIFIC SMART SPACES MARKET, BY HEALTHCARE INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 26: ASIA PACIFIC SMART SPACES MARKET, BY RETAIL INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 27: ASIA PACIFIC SMART SPACES MARKET, BY GOVERNMENT INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 28: ASIA PACIFIC SMART SPACES MARKET, BY TRANSPORTATION & LOGISTICS INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 29: ASIA PACIFIC SMART SPACES MARKET, BY EDUCATION INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 30: ASIA PACIFIC SMART SPACES MARKET, BY MANUFACTURING INDUSTRY VERTICAL, 2020-2028 (IN $ MILLION)

FIGURE 31: ASIA PACIFIC SMART SPACES MARKET, BY OTHER INDUSTRY VERTICALS, 2020-2028 (IN $ MILLION)

FIGURE 32: ASIA PACIFIC SMART SPACES MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 33: CHINA SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 34: JAPAN SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 35: INDIA SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 36: SOUTH KOREA SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 37: SINGAPORE SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 38: AUSTRALIA SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

FIGURE 39: REST OF ASIA PACIFIC SMART SPACES MARKET, 2020-2028 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • SINGAPORE
      • AUSTRALIA
      • REST OF ASIA PACIFIC
  1. MARKET BY COMPONENT
    • HARDWARE COMPONENT
    • SOFTWARE COMPONENT
    • SERVICE COMPONENT
  2. MARKET BY APPLICATION
    • LAYOUT & SPACE MANAGEMENT
    • ENERGY MANAGEMENT AND OPTIMIZATION
    • EMERGENCY & DISASTER MANAGEMENT
    • SECURITY MANAGEMENT
    • OTHER APPLICATIONS
  3. MARKET BY SPACE TYPE
    • INDOOR SPACE
    • OUTDOOR SPACE
  4. MARKET BY END USER
    • RESIDENTIAL END USER
    • COMMERCIAL END USER
  5. MARKET BY INDUSTRY VERTICAL
    • ENERGY & UTILITIES
    • HEALTHCARE
    • RETAIL
    • GOVERNMENT
    • TRANSPORTATION & LOGISTICS
    • EDUCATION
    • MANUFACTURING
    • OTHER INDUSTRIAL VERTICALS

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