KEY FINDINGS
The smart spaces market of Asia Pacific is anticipated to register a CAGR of 18.64% over the projected period, 2020-2028. Some of the factors fueling the market growth in the region are the increasing need to build energy-efficient yet sustainable sources to save electricity, and boost in initiatives of smart cities in developing countries like India and China.
MARKET INSIGHTS
In order to assess the smart spaces market further, the region of Asia Pacific is divided into countries like Singapore, Japan, Australia, South Korea, China, India, and the rest of the Asia Pacific that consists of Malaysia, Thailand, and Indonesia. In South Korea, smart cities are a strategic part of national economic policy for the fourth industrial revolution. The government is attempting to make Korea's economy competitive through the development and commercialization of 4IR technologies such as artificial intelligence, big data, and data analytics, IoT, and blockchain. These factors are influencing the market growth. Singapore considers IoT a major element to realize its vision of a smart nation. CODEX is a digital platform that helps the government to provide for better, cost effective, and quicker digital services.
The Australian government is committed to the Smart Cities Plan,' which is a vision for productive and livable cities' that stimulates innovation and growth. The IoT market in the Australian region is expected to grow due to the increasing demand for smart devices like phones, fitness bands, watches, etc., along with the development of cloud based applications, and technological advancements. These are the factors driving the market growth in Australia. In countries like Indonesia and Thailand, initiatives are being taken to develop smart cities. In Malaysia, the government aims to turn the country into a leading regional IoT development hub, through the National IoT Strategic Roadmap. These principal factors are steering the market growth in the region.
COMPETITIVE INSIGHTS
Eutech Cybernetics Pte, Ltd, IBM, Huawei Technologies, Hitachi Vantara, Siemens AG, etc. are some of the prominent companies in the market.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
SEGMENTATION
1. IBM
2. CISCO SYSTEMS, INC.
3. COOR
4. EUTECH CYBERNETICS PTE, LTD
5. HITACHI VANTARA
6. HUAWEI TECHNOLOGIES CO. LTD.
7. SCHNEIDER ELECTRIC SE
8. SIEMENS AG
9. SMARTSPACE SOFTWARE PLC
10. SPACEWELL
Asia Pacific Smart Spaces Market Forecast 2020-2028
Table of Contents
1. Research Scope & Methodology
1.1. Study Objectives
1.2. Scope Of Study
1.3. Methodology
1.4. Assumptions & Limitations
2. Executive Summary
2.1. Market Size & Estimates
2.2. Market Overview
3. Market Dynamics
3.1. Parent Market Analysis: Iot Market
3.2. Market Definition
3.3. Key Drivers
3.3.1. Increasing Internet Penetration
3.3.2. High Adoption Rate Across Industries
3.3.3. Increase In Smart City Projects
3.3.4. Reduction In Cost
3.3.5. Need For Environmentally Sustainable Urban Planning
3.4. Key Restraints
3.4.1. Privacy & Security Concerns
3.4.2. High Investment
3.4.3. Bandwidth Limitation
4. Key Analytics
4.1. Key Investment Insights
4.2. Porter's Five Force Analysis
4.2.1. Buyer Power
4.2.2. Supplier Power
4.2.3. Substitution
4.2.4. New Entrants
4.2.5. Industry Rivalry
4.3. Opportunity Matrix
4.4. Vendor Landscape
4.5. Value Chain Analysis
5. Market By Component
5.1. Hardware Component
5.2. Software Component
5.3. Service Component
6. Market By Application
6.1. Layout & Space Management
6.2. Energy Management And Optimization
6.3. Emergency & Disaster Management
6.4. Security Management
6.5. Other Applications
7. Market By Space Type
7.1. Indoor Space
7.2. Outdoor Space
8. Market By End User
8.1. Residential End User
8.2. Commercial End User
9. Market By Industry Vertical
9.1. Energy & Utilities
9.2. Healthcare
9.3. Retail
9.4. Government
9.5. Transportation & Logistics
9.6. Education
9.7. Manufacturing
9.8. Other Industrial Verticals
10. Geographical Analysis
10.1. Asia Pacific
10.1.1. China
10.1.2. Japan
10.1.3. India
10.1.4. South Korea
10.1.5. Singapore
10.1.6. Australia
10.1.7. Rest Of Asia Pacific
11. Company Profiles
11.1. Ibm
11.2. Cisco Systems, Inc.
11.3. Coor
11.4. Eutech Cybernetics Pte, Ltd
11.5. Hitachi Vantara
11.6. Huawei Technologies Co. Ltd.
11.7. Schneider Electric Se
11.8. Siemens Ag
11.9. Smartspace Software Plc
11.10. Spacewell
List of Tables
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)
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