The Asia Pacific Smart Space Market would witness market growth of 14% CAGR during the forecast period (2020-2026). Digital technologies like cloud computing, connected devices, Internet of Things (IoT), and Artificial Intelligence (AI) altogether transforming every single sector and part of the world. Adoption of digital technology is leading to change in manufacturing in factories, daily operations in cities, the work life of people in offices, and industries, and numerous things. Smart space is a key technology that will bring innovation and changes across numerous sectors by generating a smart and connected environment.
The internet of things (IoT) and artificial intelligence (AI) are two important advanced technologies that will propel the growth of the smart spaces market. In addition to it, increasing greenfield projects and rising environmental concerns is also anticipated to drive the market growth. However, the high cost of connected devices & other hardware, and increasing privacy concerns related to information manipulation are anticipated to hinder the smart space market in the coming years. Moreover, increasing smart city initiatives in various regions and the introduction of 5G technology are likely to provide key growth opportunities for the smart space market over the forecasted period.
Smart spaces are supported by intelligent devices are connected to the internet. With the adoption of IoT devices, enterprises can gather data on a massive scale, at the same time it creates vast repositories of real-time information. Technological advancements such as Internet of Things (IoT) and artificial intelligence (AI) and its integration in smart spaces reduced energy usage and maintenance costs. They are providing safer, and comfortable environments at the same time preventing equipment disruptions and breakdowns to occupants. Also, it escalates the productivity by familiarizing how people live and work.
Based on Component, the market is segmented into Solutions and Services. Based on Application, the market is segmented into Energy Management & Optimization, Emergency Management, Security Management and Others. Based on Premises Type, the market is segmented into Commercial, Residential and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Smart Space Market in Asia Pacific is expected to register a CAGR of 14% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Cisco Systems, Inc., Siemens AG, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), IBM Corporation, Schneider Electric SE, Hitachi, Ltd., Nemetschek Group (Spacewell International), SmartSpace Software PLC and Avnet, Inc. (Softweb Solutions, Inc.)
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Energy Management & Optimization
- Emergency Management
- Security Management
- Others
By Premises Type
- Commercial
- Residential
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- ABB Group
- Cisco Systems, Inc.
- Siemens AG
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- IBM Corporation
- Schneider Electric SE
- Hitachi, Ltd.
- Nemetschek Group (Spacewell International)
- SmartSpace Software PLC
- Avnet, Inc. (Softweb Solutions, Inc.)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Smart Space Market, by Component
1.4.2 Asia Pacific Smart Space Market, by Application
1.4.3 Asia Pacific Smart Space Market, by Premises Type
1.4.4 Asia Pacific Smart Space Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2020, Dec) Leading Players
Chapter 4. Asia Pacific Smart Space Market by Component
4.1 Asia Pacific Smart Space Market Solutions Market by Country
4.2 Asia Pacific Smart Space Market Services Market by Country
Chapter 5. Asia Pacific Smart Space Market by Application
5.1 Asia Pacific Energy Management & Optimization Smart Space Market by Country
5.2 Asia Pacific Emergency Management Smart Space Market by Country
5.3 Asia Pacific Security Management Smart Space Market by Country
5.4 Asia Pacific Other Application Smart Space Market by Country
Chapter 6. Asia Pacific Smart Space Market by Premises Type
6.1 Asia Pacific Commercial Market by Country
6.2 Asia Pacific Residential Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Smart Space Market by Country
7.1 China Smart Space Market
7.1.1 China Smart Space Market by Component
7.1.2 China Smart Space Market by Application
7.1.3 China Smart Space Market by Premises Type
7.2 Japan Smart Space Market
7.2.1 Japan Smart Space Market by Component
7.2.2 Japan Smart Space Market by Application
7.2.3 Japan Smart Space Market by Premises Type
7.3 India Smart Space Market
7.3.1 India Smart Space Market by Component
7.3.2 India Smart Space Market by Application
7.3.3 India Smart Space Market by Premises Type
7.4 South Korea Smart Space Market
7.4.1 South Korea Smart Space Market by Component
7.4.2 South Korea Smart Space Market by Application
7.4.3 South Korea Smart Space Market by Premises Type
7.5 Singapore Smart Space Market
7.5.1 Singapore Smart Space Market by Component
7.5.2 Singapore Smart Space Market by Application
7.5.3 Singapore Smart Space Market by Premises Type
7.6 Malaysia Smart Space Market
7.6.1 Malaysia Smart Space Market by Component
7.6.2 Malaysia Smart Space Market by Application
7.6.3 Malaysia Smart Space Market by Premises Type
7.7 Rest of Asia Pacific Smart Space Market
7.7.1 Rest of Asia Pacific Smart Space Market by Component
7.7.2 Rest of Asia Pacific Smart Space Market by Application
7.7.3 Rest of Asia Pacific Smart Space Market by Premises Type
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.1.5.2 Partnerships, Collaborations, and Agreements:
8.1.5.3 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Cisco Systems, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.1 Recent strategies and developments:
8.2.1.1 Product Launches and Product Expansions:
8.2.1.2 Acquisition and Mergers:
8.2.2 SWOT Analysis
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.5.2 Partnerships, Collaborations, and Agreements:
8.3.5.3 Acquisition and Mergers:
8.3.6 SWOT Analysis
8.4 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 IBM Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 Schneider Electric SE
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental And Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Partnerships, Collaborations, and Agreements:
8.6.5.3 Geographical Expansions:
8.6.6 SWOT Analysis
8.7 Hitachi, Ltd.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.7.5.2 Partnerships, Collaborations, and Agreements:
8.7.6 SWOT Analysis
8.8 Nemetschek Group (Spacewell International)
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental And Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.5.2 Partnerships, Collaborations, and Agreements:
8.8.5.3 Acquisition and Mergers:
8.9 SmartSpace Software PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.10. Avnet, Inc. (Softweb Solutions, Inc.)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental And Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.10.4.2 Acquisition and Mergers:
8.10.4.3 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Smart Space Market, 2016 - 2019, USD Million
TABLE 2 Asia Pacific Smart Space Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Smart Space Market
TABLE 4 Product Launches And Product Expansions– Smart Space Market
TABLE 5 Geographical Expansions– Smart Space Market
TABLE 6 Acquisition and Mergers– Smart Space Market
TABLE 7 Asia Pacific Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 8 Asia Pacific Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 9 Asia Pacific Smart Space Market Solutions Market by Country, 2016 - 2019, USD Million
TABLE 10 Asia Pacific Smart Space Market Solutions Market by Country, 2020 - 2026, USD Million
TABLE 11 Asia Pacific Smart Space Market Services Market by Country, 2016 - 2019, USD Million
TABLE 12 Asia Pacific Smart Space Market Services Market by Country, 2020 - 2026, USD Million
TABLE 13 Asia Pacific Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 14 Asia Pacific Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 15 Asia Pacific Energy Management & Optimization Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 16 Asia Pacific Energy Management & Optimization Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 17 Asia Pacific Emergency Management Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 18 Asia Pacific Emergency Management Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 19 Asia Pacific Security Management Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 20 Asia Pacific Security Management Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 21 Asia Pacific Other Application Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 22 Asia Pacific Other Application Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 23 Asia Pacific Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 24 Asia Pacific Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 25 Asia Pacific Commercial Market by Country, 2016 - 2019, USD Million
TABLE 26 Asia Pacific Commercial Market by Country, 2020 - 2026, USD Million
TABLE 27 Asia Pacific Residential Market by Country, 2016 - 2019, USD Million
TABLE 28 Asia Pacific Residential Market by Country, 2020 - 2026, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2016 - 2019, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2020 - 2026, USD Million
TABLE 31 Asia Pacific Smart Space Market by Country, 2016 - 2019, USD Million
TABLE 32 Asia Pacific Smart Space Market by Country, 2020 - 2026, USD Million
TABLE 33 China Smart Space Market, 2016 - 2019, USD Million
TABLE 34 China Smart Space Market, 2020 - 2026, USD Million
TABLE 35 China Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 36 China Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 37 China Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 38 China Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 39 China Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 40 China Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 41 Japan Smart Space Market, 2016 - 2019, USD Million
TABLE 42 Japan Smart Space Market, 2020 - 2026, USD Million
TABLE 43 Japan Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 44 Japan Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 45 Japan Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 46 Japan Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 47 Japan Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 48 Japan Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 49 India Smart Space Market, 2016 - 2019, USD Million
TABLE 50 India Smart Space Market, 2020 - 2026, USD Million
TABLE 51 India Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 52 India Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 53 India Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 54 India Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 55 India Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 56 India Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 57 South Korea Smart Space Market, 2016 - 2019, USD Million
TABLE 58 South Korea Smart Space Market, 2020 - 2026, USD Million
TABLE 59 South Korea Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 60 South Korea Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 61 South Korea Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 62 South Korea Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 63 South Korea Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 64 South Korea Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 65 Singapore Smart Space Market, 2016 - 2019, USD Million
TABLE 66 Singapore Smart Space Market, 2020 - 2026, USD Million
TABLE 67 Singapore Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 68 Singapore Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 69 Singapore Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 70 Singapore Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 71 Singapore Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 72 Singapore Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 73 Malaysia Smart Space Market, 2016 - 2019, USD Million
TABLE 74 Malaysia Smart Space Market, 2020 - 2026, USD Million
TABLE 75 Malaysia Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 76 Malaysia Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 77 Malaysia Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 78 Malaysia Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 79 Malaysia Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 80 Malaysia Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 81 Rest of Asia Pacific Smart Space Market, 2016 - 2019, USD Million
TABLE 82 Rest of Asia Pacific Smart Space Market, 2020 - 2026, USD Million
TABLE 83 Rest of Asia Pacific Smart Space Market by Component, 2016 - 2019, USD Million
TABLE 84 Rest of Asia Pacific Smart Space Market by Component, 2020 - 2026, USD Million
TABLE 85 Rest of Asia Pacific Smart Space Market by Application, 2016 - 2019, USD Million
TABLE 86 Rest of Asia Pacific Smart Space Market by Application, 2020 - 2026, USD Million
TABLE 87 Rest of Asia Pacific Smart Space Market by Premises Type, 2016 - 2019, USD Million
TABLE 88 Rest of Asia Pacific Smart Space Market by Premises Type, 2020 - 2026, USD Million
TABLE 89 Key Information – ABB Group
TABLE 90 Key Information – Cisco Systems, Inc.
TABLE 91 Key Information – Siemens AG
TABLE 92 key information – Huawei Technologies Co., Ltd.
TABLE 93 Key information – IBM Corporation
TABLE 94 Key information – Schneider Electric SE
TABLE 95 Key Information – Hitachi, Ltd.
TABLE 96 Key Information – Nemetschek Group
TABLE 97 key information – SmartSpace Software PLC
TABLE 98 Key Information – Avnet, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2020, Dec) Leading Players
FIG 5 Recent strategies and developments: ABB Group
FIG 6 SWOT Analysis: ABB Group
FIG 7 Recent strategies and developments: Cisco Systems, Inc.
FIG 8 SWOT Analysis: Cisco Systems, Inc.
FIG 9 Recent strategies and developments: Siemens AG
FIG 10 Swot analysis: Siemens AG
FIG 11 Recent strategies and developments: Huawei Technologies Co., Ltd.
FIG 12 Swot analysis: IBM Corporation
FIG 13 Recent strategies and developments: Schneider Electric SE
FIG 14 Swot analysis: Schneider Electric SE
FIG 15 Recent strategies and developments: Hitachi, Ltd.
FIG 16 SWOT Analysis: Hitachi, ltd.
FIG 17 Recent strategies and developments: Nemetschek Group
FIG 18 Recent strategies and developments: SmartSpace Software PLC
FIG 19 Recent strategies and developments: Avnet, Inc.