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High‐contrast scattering problems are special among classical wave systems as they allow for strong wave focusing and localization at low frequencies. We use an asymptotic framework to develop a landscape theory for high‐contrast systems that resonate in a subwavelength regime. Our from‐first‐principles asymptotic analysis yields a characterization in terms of the generalized capacitance matrix, giving a discrete approximation of the three‐dimensional scattering problem. We develop landscape theory for the generalized capacitance matrix and use it to predict the positions of three‐dimensional wave focusing and localization in random and non‐periodic systems of subwavelength resonators. [ABSTRACT FROM AUTHOR]