In 2023, the hardware segment of the smart grid market in the Asia-Pacific region was valued at approximately
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billion U.S. dollars, accounting for the largest smart grid component market share in the region. The software segment of the market was forecast to grow significantly over the next years and is set to reach around
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Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by segment
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Tanalyze. (January 2, 2024). Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 20, 2025, from https://www.statista.com/statistics/1460049/apac-smart-grid-market-size-by-segment/
Tanalyze. "Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by segment (in billion U.S. dollars)." Chart. January 2, 2024. Statista. Accessed August 20, 2025. https://www.statista.com/statistics/1460049/apac-smart-grid-market-size-by-segment/
Tanalyze. (2024). Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 20, 2025. https://www.statista.com/statistics/1460049/apac-smart-grid-market-size-by-segment/
Tanalyze. "Market Size of Smart Grid Technologies in The Asia-pacific Region in 2023, with a Forecast for 2028, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Jan 2024, https://www.statista.com/statistics/1460049/apac-smart-grid-market-size-by-segment/
Tanalyze, Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by segment (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1460049/apac-smart-grid-market-size-by-segment/ (last visited August 20, 2025)
Market size of smart grid technologies in the Asia-Pacific region in 2023, with a forecast for 2028, by segment (in billion U.S. dollars) [Graph], Tanalyze, January 2, 2024. [Online]. Available: https://www.statista.com/statistics/1460049/apac-smart-grid-market-size-by-segment/
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