Smart grid sector's market size APAC 2023-2028, by segment
In 2023, the hardware segment of the smart grid market in the Asia-Pacific region was valued at approximately 4.6 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 7.14 billion dollars by 2028.