Home » Technology & Media » Smart Cities Market Size, Share, Analysis Report
Smart cities are created and developed utilizing most recent advancements including sensor systems, information investigation, cloud computing and wireless communications. Utilizing the energy of data innovation, propels in correspondence and the Internet of Things, smart cities will be at the leading of intelligent and environmentally sustainable living in which all the aspects like transportation, security, healthcare, water supply, waste management and so on are interconnected to improve the city a good and superior place to live. Basically, the primary thought of a smart city is to make the whole working and administration of a city people driven with real time data that individuals can specifically take part in the key choices influencing the city and get their grievances settled by the administration as quickly as possible. Fulfillment of Smart cities depends on the declining the need of non-sustainable assets for vitality and enhancing fuel performance.
How Big is The Global Smart Cities Market?
The Global Smart Cities Market is expected to be around US$ 3396.63 Million by 2027 at a CAGR of 23.1% in the given forecast period.
The major driving factors of Global Smart Cities Market are as follows:
The restraining factors of Global Smart Cities Market are as follows:
The Global Smart Cities Market is segmented on the lines of its Focus area and regional. Based on focus area segmentation it covers transportation, building, utilities, smart citizen services. The Smart Cities Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Smart Cities Market and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Smart Cities Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Smart Cities Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Microsoft (US), IBM (US), Oracle (US), Cisco (US), Huawei (China), Ericsson (Sweden), Hitachi (Japan), Siemens (Germany), Schneider Electric (France), and Toshiba (Japan)Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Smart Cities Market has been segmented as below:
By Focus Area Analysis:
By Regional Analysis:
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Smart Cities Market .
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Smart Cities Market data.
4) Assess your competitor’s refining portfolio and its evolution.
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1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.5 Limitations
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Smart Cities Market
4.2 Smart Cities Market: Focus Areas
4.3 Global Smart Cities Market, By Region and Focus Area
4.4 Smart Cities Year-On-Year Growth Rate Comparison, Global vs Regional, 2015–2022
4.5 Smart Cities Enabling Technologies
5 Market Overview
5.1 Introduction
5.2 Smart Cities: Evolution
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rapid Connectivity and Fast Telecommunication Provision
5.3.1.2 Growing Demographics and Hyper-Urbanization
5.3.1.3 Growing Energy Consumption and Requirement to Achieve Optimum Energy Usage During Peak Hours
5.3.1.4 Growing Trends in Artificial Intelligence and Big Data Analytics
5.3.1.5 Decrease in Operational Cost for Smart Building Infrastructures in Capacity Expansion
5.3.1.6 Rising Demand for Integrated Security and Safety System for Enhancing Public Safety
5.3.2 Restraints
5.3.2.1 Low Levels of Operational Efficiency in Emerging Countries
5.3.2.2 Absence Or Lack of Robust Telecom and Networking Infrastructures in Developing Economies
5.3.2.3 Lack of Standardized Regulatory Frameworks for Energy Sectors
5.3.3 Opportunities
5.3.3.1 Evolution of IoT
5.3.3.2 Major Boost Up for System Integrators
5.3.3.3 Environmental Concerns and Rising Demand for Green Initiatives
5.3.3.4 Developing Economies and Emerging Hotspots for Smart Cities Technology Growth
5.3.4 Challenges
5.3.4.1 Lack of Public Awareness
5.3.4.2 Huge Initial Investment and High Maintenance Cost
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Standards and Regulations
6.3.1 Introduction
6.3.2 Cloud Computing Association
6.3.3 Third Generation Partnership Project
6.3.4 Storage Networking Industry Association
6.3.5 International Organization for Standardization
6.3.6 International Electrotechnical Commission
6.3.7 International Telecommunication Union
6.4 Ecosystem
6.4.1 Smart Cities Market Ecosystem
7 Smart Cities Market Analysis, By Transportation
7.1 Smart Transportation
7.2 Smart Transportation, By Type
7.2.1 Smart Railways
7.2.2 Smart Roadways
7.3 Smart Transportation, By Solution
7.3.1 Intelligent Transport System: Use Case Scenario
7.3.1.1 Dubai, UAE
7.3.1.2 Istanbul, Turkey
7.3.2 Traffic Management and Automated Driver Guidance System
7.3.2.1 Smart Signaling
7.3.2.2 Automated Route Guidance System
7.3.2.3 Predictive Traffic Analytics
7.3.3 Parking Management
7.3.3.1 Automated Parking Guidance and Slot Management
7.3.4 Passenger Management and Travel Experience Enhancement System
7.3.4.1 Smart Ticketing
7.3.4.2 Entertainment and Travel Assistance System
7.3.4.3 Smart Transportation Communication Network
7.3.5 Predictive Analytics for Passenger Travel
7.3.6 Freight Management
7.3.7 Transport Data Management
7.4 Smart Transportation, By Service
7.4.1 Infrastructure Monitoring and Management
7.4.2 Planning and Consulting
7.4.3 Integration
8 Smart Cities Market Analysis, By Utilities
8.1 Smart Utilities
8.1.1 Smart Energy System: Use Case Scenario
8.1.1.1 Ontario, Canada
8.1.1.2 Sunshine Coast, Australia
8.2 Smart Utilities, By Type
8.3 Smart Utilities, By Solution
8.3.1 Smart Metering and Meter Data Management
8.3.2 Smart Distribution Management System
8.3.3 Meter Data Analytics
8.3.4 Others
8.4 Smart Utilities, By Service
8.4.1 Infrastructure Monitoring and Management
8.4.2 Planning and Consulting
8.4.3 Integration
9 Smart Cities Market Analysis, By Building
9.1 Smart Building
9.1.1 Smart Homes and Building Automation: Use Case Scenario
9.1.1.1 Singapore (Smart Nation)
9.1.2 Smart Public Buildings: Use Case Scenario
9.1.2.1 European Commission, Greece [Att??? (Attiki)]
9.2 Smart Buildings, By Type
9.3 Smart Buildings, By Solution
9.3.1 Parking Management for Buildings
9.3.1.1 Parking Ticket and Revenue Management System
9.3.1.2 Access Control
9.3.1.3 Automated Parking Guidance
9.3.1.4 Parking Reservation and Slot Management
9.3.2 Facility Management and Energy Optimization
9.3.2.1 Building Energy Management Systems
9.3.2.2 Emergency Response Management
9.3.2.3 Others (Smart Lighting and HVAC Controls)
9.3.3 In-Building Communication
9.4 Smart Buildings, By Service
9.4.1 Infrastructure Monitoring and Management
9.4.2 Planning and Consulting
9.4.3 Integration
10 Smart Cities Market Analysis, By Smart Citizen Service
10.1 Smart Citizen Services
10.1.1 In-Vehicle Cameras: Use Case Scenario
10.1.1.1 New York City, US
10.1.2 Integrated Video Surveillance: Use Case Scenario
10.1.2.1 Buenos Aires, Argentina
10.2 Smart Citizen Services, By Type
10.3 Smart Education
10.4 Smart Healthcare
10.5 Security and Threat Management
11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 Contribution of Prime Cities Toward Smart City Initiatives
11.2.1.1 New York City, New York, US
11.2.1.2 Kansas City, Missouri, US
11.2.1.3 San Francisco, California, US
11.2.1.4 Columbus, OHIO, US
11.2.2 Competitive Scenario in the Region
11.3 Europe
11.3.1 Contribution of Prime Cities Toward Smart City Initiatives
11.3.1.1 Amsterdam, Netherlands
11.3.1.2 London, England
11.3.1.3 Nice, France
11.3.1.4 Copenhagen, Denmark
11.3.2 Competitive Scenario in the Region
11.4 Asia Pacific
11.4.1 Contribution of Prime Cities Toward Smart City Initiatives
11.4.1.1 Singapore (Smart Nation)
11.4.1.2 Kuala Lumpur, Malaysia
11.4.1.3 Adelaide, Australia
11.4.1.4 Iskandar, Malaysia
11.4.2 Competitive Scenario in the Region
11.5 Latin America
11.5.1 Contribution of Prime Cities Toward Smart City Initiatives
11.5.1.1 Santiago, Chile
11.5.1.2 Bogota, Colombia
11.5.2 Competitive Scenario in the Region
11.6 Middle East and Africa
11.6.1 Contribution of Prime Cities Toward Smart City Initiatives
11.6.1.1 Dubai, UAE
11.6.1.2 Tel Aviv, Israel
11.6.1.3 Istanbul, Turkey
11.6.2 Competitive Scenario in the Region
12 Competitive Landscape
12.1 Introduction
12.2 North America: Competitive Scenario
12.3 Europe: Competitive Scenario
12.4 Asia Pacific: Competitive Scenario
12.5 Middle East and Africa: Competitive Scenario
12.6 Latin America: Competitive Scenario
12.7 Overview
12.7.1 Analysis of Product Portfolio of Major Players in the Smart Cities Market
12.7.2 Business Strategies Adopted By Major Players in the Smart Cities Market
12.8 Smart Cities Market, Major Vendors
13 Company Profiles
13.1 Siemens AG
13.2 Cisco Systems, Inc.
13.3 Huawei Investment & Holding Co., Ltd.
13.4 Microsoft Corporation
13.5 Schneider Electric SE
13.6 Toshiba Corporation
13.7 Ericsson
13.8 Hitachi Ltd.
13.9 International Business Machines Corporation
13.10 Oracle Corporation
The Smart Cities Market has been segmented as below:
By Focus Area Analysis:
By Regional Analysis:
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