Charts & Stats

Global Smart Building market [2017-2025] by Asia Pacific

By Asia Pacific, the market is segmented into Asia Pacific, China, Indonesia, India, Japan, South Korea, Malaysia, Singapore, Thailand, Taiwan, Vietnam, and Rest of Asia Pacific (2017-2025)

Author: Wantstats Research TeamSource: Wantstats Repository
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Global Smart Building market [2017-2025] by Asia Pacific — full underlying data
LabelAsia PacificChinaIndonesiaIndiaJapanSouth KoreaMalaysiaSingaporeThailandTaiwanVietnamRest of Asia Pacific
20171577.9 USD Mn261.9 USD Mn110.7 USD Mn144.3 USD Mn233.0 USD Mn214.1 USD Mn65.4 USD Mn187.0 USD Mn83.0 USD Mn98.5 USD Mn51.1 USD Mn128.8 USD Mn
20181881.5 USD Mn312.3 USD Mn133.7 USD Mn175.3 USD Mn279.0 USD Mn253.9 USD Mn76.7 USD Mn228.7 USD Mn96.4 USD Mn114.6 USD Mn59.0 USD Mn151.9 USD Mn
20192246.5 USD Mn372.9 USD Mn161.6 USD Mn213.2 USD Mn334.0 USD Mn301.4 USD Mn90.1 USD Mn280.0 USD Mn112.0 USD Mn133.4 USD Mn68.2 USD Mn179.5 USD Mn
20202689.8 USD Mn446.5 USD Mn196.0 USD Mn260.1 USD Mn400.3 USD Mn358.9 USD Mn106.1 USD Mn343.8 USD Mn130.5 USD Mn155.8 USD Mn79.1 USD Mn212.6 USD Mn
20213234.8 USD Mn537.1 USD Mn238.7 USD Mn318.7 USD Mn481.0 USD Mn429.2 USD Mn125.5 USD Mn424.0 USD Mn152.7 USD Mn182.8 USD Mn92.0 USD Mn253.0 USD Mn
20223916.1 USD Mn650.2 USD Mn292.7 USD Mn393.1 USD Mn580.8 USD Mn516.7 USD Mn149.5 USD Mn526.3 USD Mn179.9 USD Mn215.9 USD Mn107.8 USD Mn303.0 USD Mn
20234785.1 USD Mn794.6 USD Mn362.3 USD Mn489.4 USD Mn706.7 USD Mn627.8 USD Mn179.7 USD Mn659.4 USD Mn214.0 USD Mn257.4 USD Mn127.5 USD Mn366.3 USD Mn
20245921.7 USD Mn983.5 USD Mn454.1 USD Mn617.0 USD Mn869.4 USD Mn772.6 USD Mn218.8 USD Mn836.8 USD Mn257.7 USD Mn310.7 USD Mn152.8 USD Mn448.4 USD Mn
20257452.5 USD Mn1237.8 USD Mn578.8 USD Mn791.1 USD Mn1085.7 USD Mn966.9 USD Mn270.9 USD Mn1079.9 USD Mn315.6 USD Mn381.4 USD Mn186.1 USD Mn558.3 USD Mn

Data Source: Wantstats Repository

Wantstats

Market Dynamics

China accounted for the largest market share in 2018 in the Asia Pacific smart building market, and is expected to reach USD 1237.80 Million in 2025 from USD 312.30 Million in 2018. However, Singapore is the fastest growing market, which is expected to grow at a CAGR of 25.23% during the forecast period 2019 - 2025. building energy management system segment accounted for the largest market share in 2018, this market is expected to reach USD 2373.30 Million in 2025 from USD 680.40 Million in 2018. This market is projected to grow at a CAGR of 19.93% during the forecast period from 2019 - 2025. However, network management system segment is the fastest growing market, which is expected to grow at a CAGR of 25.89% during the forecast period 2019 - 2025. commercial segment accounted for the largest market share in 2018, this market is expected to reach USD 2819.90 Million in 2025 from USD 718.90 Million in 2018. This market is projected to grow at a CAGR of 21.93% during the forecast period from 2019 - 2025. However, residential segment is the fastest growing market, which is expected to grow at a CAGR of 24.24% during the forecast period 2019 - 2025.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.

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Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.