The global smart cities market size is expected to be around US$ 1075 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 14.5%.
Smart cities raise cities assembled on smart and intelligent solutions and new technologies. The goal of smart cities is realized by adoption of smart parameters like smart energy, smart building, smart transportation, smart healthcare, smart governance, smart education, and involvement of smart citizens. Additionally, the smart cities market is gaining significant growth globally owing to vast investments by public and personal players, including the govt of varied countries across the world. Smart cities solutions can further be classified as combination of hardware and software components. The hardware components majorly include sensors, chips, and actuators; while the software component include various smart applications like infrastructure management, and utility management. the expansion of the worldwide smart cities market is additionally supported by development of varied automation product portfolios by manufacturers. A smart city raises to a framework consisting of data and Communication Technologies to develop, deploy and promote sustainable development in urban areas. The hardware component includes chips, sensors and actuators, while the software component comprises smart web and mobile applications for infrastructure and administration through digital devices. The info collected from these components is analyzed to watch transportation systems, power plants, waste management, water system, crime detection and various other municipality services. Smart cities also emphasize on improving the standard of lifetime of the citizens, alongside enhancing the efficiency of the prevailing infrastructure.
The global Smart Cities market is segregated on the basis of Smart Transportation as Freight Information System, Connected Vehicles, Smart Ticketing, Traffic Management System, Passenger Information Management System, and Others. Based on Smart Buildings Solution the global Smart Cities market is segmented in Emergency Management System, Parking Management System, and Building Energy Optimization. Based on Smart Utilities Solution the global Smart Cities market is segmented in Distribution Management System, Substation Automation, and Advanced Metering Infrastructure.
Based on Focus Area, the global Smart Cities market is segmented in Smart Utilities, Smart Citizen Services, Smart Transportation, and Smart Buildings.
The global Smart Cities market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Cities market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Itron, Verizon, Toshiba Corporation, SAP SE, ABB, Cisco Systems, Schneider Electric, IBM, Microsoft, Hitachi, and others are among the major players in the global Smart Cities market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Smart Cities Market has been segmented as below:
Smart Cities Market, By Smart Transportation
Smart Cities Market, By Smart Buildings Solution
Smart Cities Market, By Smart Utilities Solution
Smart Cities Market, By Focus Area
Smart Cities Market, By Region
Smart Cities Market, By Company
The report covers:
Report Scope:
The global Smart Cities market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Cities market share. Major industry players with significant revenue share include Itron, Verizon, Toshiba Corporation, SAP SE, ABB, Cisco Systems, Schneider Electric, IBM, Microsoft, Hitachi, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Smart Cities Market, By Smart Transportation
5.1 Introduction
5.2 Freight Information System
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Connected Vehicles
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Smart Ticketing
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Traffic Management System
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Passenger Information Management System
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Others
5.7.1 Market Overview
5.7.2 Market Size and Forecast
6. Smart Cities Market, By Smart Buildings Solution
6.1 Introduction
6.2 Emergency Management System
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Parking Management System
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Building Energy Optimization
6.4.1 Market Overview
6.4.2 Market Size and Forecast
7. Smart Cities Market, By Smart Utilities Solution
7.1 Introduction
7.2 Distribution Management System
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Substation Automation
7.3.1 Market Overview
7.3.2 Market Size and Forecast
7.4 Advanced Metering Infrastructure
7.4.1 Market Overview
7.4.2 Market Size and Forecast
8. Smart Cities Market, By Focus Area
8.1 Introduction
8.2 Smart Utilities
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Smart Citizen Services
8.3.1 Market Overview
8.3.2 Market Size and Forecast
8.4 Smart Transportation
8.4.1 Market Overview
8.4.2 Market Size and Forecast
8.5 Smart Buildings
8.5.1 Market Overview
8.5.2 Market Size and Forecast
9. Smart Cities Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Smart Cities, By Smart Transportation
9.2.2 North America Smart Cities, By Smart Buildings Solution
9.2.3 North America Smart Cities, By Smart Utilities Solution
9.2.4 North America Smart Cities, By Focus Area
9.3 Europe
9.3.1 Europe Smart Cities, By Smart Transportation
9.3.2 Europe Smart Cities, By Smart Buildings Solution
9.3.3 Europe Smart Cities, By Smart Utilities Solution
9.3.4 Europe Smart Cities, By Focus Area
9.4 Asia-Pacific
9.4.1 Asia-Pacific Smart Cities, By Smart Transportation
9.4.2 Asia-Pacific Smart Cities, By Smart Buildings Solution
9.4.3 Asia-Pacific Smart Cities, By Smart Utilities Solution
9.4.4 Asia-Pacific Smart Cities, By Focus Area
9.5 Rest of the World
9.5.1 Rest of the World Smart Cities, By Smart Transportation
9.5.2 Rest of the World Smart Cities, By Smart Buildings Solution
9.5.3 Rest of the World Smart Cities, By Smart Utilities Solution
9.5.4 Rest of the World Smart Cities, By Focus Area
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Itron
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Verizon
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Toshiba Corporation
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 SAP SE
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 ABB
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Cisco Systems
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 Schneider Electric
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 IBM
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Microsoft
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Hitachi
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
11.11 Siemens AG
11.11.1 Company Overview
11.11.2 Product/Service Landscape
11.11.3 Financial Overview
11.11.4 Recent Developments
11.12 Huawei
11.12.1 Company Overview
11.12.2 Product/Service Landscape
11.12.3 Financial Overview
11.12.4 Recent Developments
11.13 NEC
11.13.1 Company Overview
11.13.2 Product/Service Landscape
11.13.3 Financial Overview
11.13.4 Recent Developments
11.14 Intel
11.14.1 Company Overview
11.14.2 Product/Service Landscape
11.14.3 Financial Overview
11.14.4 Recent Developments
11.15 Oracle
11.15.1 Company Overview
11.15.2 Product/Service Landscape
11.15.3 Financial Overview
11.15.4 Recent Developments
11.16
11.16.1 Company Overview
11.16.2 Product/Service Landscape
11.16.3 Financial Overview
11.16.4 Recent Developments
11.17 GE
11.17.1 Company Overview
11.17.2 Product/Service Landscape
11.17.3 Financial Overview
11.17.4 Recent Developments
11.18 AT&T
11.18.1 Company Overview
11.18.2 Product/Service Landscape
11.18.3 Financial Overview
11.18.4 Recent Developments
11.19 Ericsson
11.19.1 Company Overview
11.19.2 Product/Service Landscape
11.19.3 Financial Overview
11.19.4 Recent Developments
11.20 Nokia
11.20.1 Company Overview
11.20.2 Product/Service Landscape
11.20.3 Financial Overview
11.20.4 Recent Developments
11.21 Vodafone
11.21.1 Company Overview
11.21.2 Product/Service Landscape
11.21.3 Financial Overview
11.21.4 Recent Developments
The Smart Cities Market has been segmented as below:
Smart Cities Market, By Smart Transportation
Smart Cities Market, By Smart Buildings Solution
Smart Cities Market, By Smart Utilities Solution
Smart Cities Market, By Focus Area
Smart Cities Market, By Region
Smart Cities Market, By Company
