Asia Pacific Smart Building Market Forecast (2017-2025)

Year CHINA INDONESIA INDIA JAPAN SOUTH KOREA MALAYSIA SINGAPORE THAILAND TAIWAN VIETNAM REST OF ASIA PACIFIC
2017 $ 261.9 $ 110.7 $ 144.3 $ 233.0 $ 214.1 $ 65.4 $ 187.0 $ 83.0 $ 98.5 $ 51.1 $ 128.8
2018 $ 312.3 $ 133.7 $ 175.3 $ 279.0 $ 253.9 $ 76.7 $ 228.7 $ 96.4 $ 114.6 $ 59.0 $ 151.9
2019 $ 372.9 $ 161.6 $ 213.2 $ 334.0 $ 301.4 $ 90.1 $ 280.0 $ 112.0 $ 133.4 $ 68.2 $ 179.5
2020 $ 446.5 $ 196.0 $ 260.1 $ 400.3 $ 358.9 $ 106.1 $ 343.8 $ 130.5 $ 155.8 $ 79.1 $ 212.6
2021 $ 537.1 $ 238.7 $ 318.7 $ 481.0 $ 429.2 $ 125.5 $ 424.0 $ 152.7 $ 182.8 $ 92.0 $ 253.0
2022 $ 650.2 $ 292.7 $ 393.1 $ 580.8 $ 516.7 $ 149.5 $ 526.3 $ 179.9 $ 215.9 $ 107.8 $ 303.0
2023 $ 794.6 $ 362.3 $ 489.4 $ 706.7 $ 627.8 $ 179.7 $ 659.4 $ 214.0 $ 257.4 $ 127.5 $ 366.3
2024 $ 983.5 $ 454.1 $ 617.0 $ 869.4 $ 772.6 $ 218.8 $ 836.8 $ 257.7 $ 310.7 $ 152.8 $ 448.4
2025 $ 1237.8 $ 578.8 $ 791.1 $ 1085.7 $ 966.9 $ 270.9 $ 1079.9 $ 315.6 $ 381.4 $ 186.1 $ 558.3
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Asia Pacific Smart Building Market Forecast (2017-2025)

Synopsis
The above chart is Global Smart Building market [2017-2025] by Asia Pacific

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.

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