Published :
Tables : 19
Figures : 31
Category : Information & Communications Technology
No. of Pages : 255
Report Code : ICT1007
Smart Cities Market Introduction: Smart Cities Market is predicted to value over USD 231 billion by 2027 end and grow at a CAGR of over 18% during the forecast period 2020 to 2027. Smart city is a system that uses information and communication technologies to increase operational efficiency and share information with the public domain to improve both the quality of government services and citizen welfare. Emerging trends such as automation, artificial intelligence and machine learning are driving factors of smart cities adoption. There are some components which play a significant role in smart city development, those are energy conservation & efficiency, sanitation, traffic control and smart farming. Smart city initiates aim to improve the living standards of the general population. Smart technology will help cities to sustain growth and improve efficiency for public welfare & government efficiency in urban areas. Rising living standards of the general population and increasing per capita expenditure of individuals led to the potential growth of global market. Changing economies of developing countries are expected to boost the growth of the market. Along with this, government agencies are taking a direct part in advancing the cities fuelled the growth of the market. Further, increasing population and urbanization created to potential opportunities for the market. Additionally, changing demographics and increasing living standards boosted the burgeoning growth of the market. Other factors rising awareness among the general population led to the rapid development of the market. It is further augmented by the accelerated advancement of technologies and changing government policies to encourage the advancement of the IT sector. All these fuelled the growth of the market. Developed economies like North America and Europe region witnessed a slow rate during the forecast period due to the maturation of the market. These regions remain dominant throughout the forecast period in the global market. Changing economic standards of developing regions like the Asia Pacific and Latin America represents the most lucrative market space due to the increasing economy of the countries. Further, these regions witness highest growth rate during the forecast period. Rest of the world represented a significant growth rate due to the advancement of technologies in this region. Some of the key market players are Accenture; ABB Limited; Schneider Electric SE; Cisco Systems, Inc.; Siemens AG; IBM Corporation; and Microsoft Corporation. Companies such as Oracle Corporation; Honeywell International Inc.; Hitachi, Ltd.; Huawei Technologies Co. Ltd.; and Intel Corporation Smart Cities Market Segmantation: By Component Solutions Services Professional Services Integration & Deployment By Application Education Governance Buildings Mobility Healthcare Utilities By Region Europe North America APAC Latin America Rest of World Competitive Landscape: Tier 1 players- established companies in the market with a major market share Tier 2 players Emerging players which are growing rapidly New Entrants FutureWise Takeaways: Growth prospects SWOT analysis Key trends Key data-points affecting market growth Objectives of the Study: To provide with an exhaustive analysis on the global smart cities market, by component, application and region To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) To evaluate and forecast micro-markets and an overall market To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Smart Cities Market is predicted to value over USD 231 billion by 2027 end and grow at a CAGR of over 18% during the forecast period 2020 to 2027.
Smart city is a system that uses information and communication technologies to increase operational efficiency and share information with the public domain to improve both the quality of government services and citizen welfare. Emerging trends such as automation, artificial intelligence and machine learning are driving factors of smart cities adoption. There are some components which play a significant role in smart city development, those are energy conservation & efficiency, sanitation, traffic control and smart farming. Smart city initiates aim to improve the living standards of the general population. Smart technology will help cities to sustain growth and improve efficiency for public welfare & government efficiency in urban areas.
Rising living standards of the general population and increasing per capita expenditure of individuals led to the potential growth of global market. Changing economies of developing countries are expected to boost the growth of the market. Along with this, government agencies are taking a direct part in advancing the cities fuelled the growth of the market. Further, increasing population and urbanization created to potential opportunities for the market. Additionally, changing demographics and increasing living standards boosted the burgeoning growth of the market. Other factors rising awareness among the general population led to the rapid development of the market. It is further augmented by the accelerated advancement of technologies and changing government policies to encourage the advancement of the IT sector. All these fuelled the growth of the market.
Developed economies like North America and Europe region witnessed a slow rate during the forecast period due to the maturation of the market. These regions remain dominant throughout the forecast period in the global market. Changing economic standards of developing regions like the Asia Pacific and Latin America represents the most lucrative market space due to the increasing economy of the countries. Further, these regions witness highest growth rate during the forecast period. Rest of the world represented a significant growth rate due to the advancement of technologies in this region.
Some of the key market players are Accenture; ABB Limited; Schneider Electric SE; Cisco Systems, Inc.; Siemens AG; IBM Corporation; and Microsoft Corporation. Companies such as Oracle Corporation; Honeywell International Inc.; Hitachi, Ltd.; Huawei Technologies Co. Ltd.; and Intel Corporation
Smart Cities Market Segmantation:
By Component
By Application
By Region
Competitive Landscape:
FutureWise Takeaways:
Objectives of the Study:
1. Introduction 1.1. Scope and Objective 1.2. Assumptions and Acronyms 1.3. Forecast Factors 1.4. Research Methodology 2. Executive Summary 2.1. Industry Cluster Analysis 2.2. Competition Matrix 2.3. Strategies Recommendations 3. Market Definition 3.1. Report Scope (Inclusions & Exclusions) 3.2. Market Segmentation 4. Global Smart Cities Market Overview 4.1. Global Smart Cities Market Revenue (USD Mn) 5. Key Inclusions 5.1. Porter’s Five Force analysis 5.2. Market Dynamics 5.3. Industry Trends 5.4. Regulatory Guidelines 5.5. Opportunities in Smart Cities 6. Competition Dynamics 6.1. Company Share Analysis (2019) 6.2. Top 10 Product Pricing by Region 7. Global Smart Cities Market Revenue (USD Mn), 2019-2027 by Applications 7.1. Key Market Findings 7.2. Long Term ROI Segments 7.3. Revenue Opportunity Influencing Factors 7.4. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027 7.4.1 Education 7.4.2 Governance 7.4.3 Buildings 7.4.4 Mobility 7.4.5 Healthcare 7.4.6 Utilities 8. Global Smart Cities Market Revenue (USD Mn), 2019-2027 by Region 8.1. Key Market Findings 8.2. Long Term ROI Segments 8.3. Revenue Opportunity Influencing Factors 8.4. Market Revenue (USD Mn) Assessment and Forecast by Region,2027 8.4.1 North America 8.4.2 Latin America 8.4.3 Europe 8.4.4 Asia Pacific 8.4.5 Rest of world 9. North America Market Revenue (US$ Mn), 2019-2027 9.1. Key Market Findings 9.2. Long Term ROI Segments 9.3. Revenue Opportunity Influencing Factors 9.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027 9.4.1 US 9.4.2 Canada 9.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027 9.5.1 Education 9.5.2 Governance 9.5.3 Buildings 9.5.4 Mobility 9.5.5 Healthcare 9.5.6 Utilities 10. Latin America Market Revenue (US$ Mn), 2019-2027 10.1. Key Market Findings 10.2. Long Term ROI Segments 10.3. Revenue Opportunity Influencing Factors 10.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027 10.4.1 Brazil 10.4.2 Mexico 10.4.3 Argentina 10.4.4 Rest of Latin America 10.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027 10.5.5 Education 10.5.6 Governance 10.5.7 Buildings 10.5.8 Mobility 10.5.9 Healthcare 10.5.10Utilities 11. Europe Market Revenue (US$ Mn), 2019-2027 11.1. Key Market Findings 11.2. Long Term ROI Segments 11.3. Revenue Opportunity Influencing Factors 11.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027 11.4.1 Germany 11.4.2 France 11.4.3 Spain 11.4.4 UK 11.4.5 Russia 11.4.6 Poland 11.4.7 Rest of Europe 11.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2017-2027 11.5.8 Education 11.5.9 Governance 11.5.10 Buildings 11.5.11 Mobility 11.5.12 Healthcare 11.5.13 Utilities 12. Asia Pacific Market Revenue (US$ Mn), 2019-2027 12.1. Key Market Findings 12.2. Long Term ROI Segments 12.3. Revenue Opportunity Influencing Factors 12.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027 12.4.1 Emerging Asia 12.4.1.1 China 12.4.1.2 India 12.4.1.3 ASEAN-5 12.4.1.4 Rest of Emerging Asia 12.4.2 Japan 12.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027 12.5.3 Education 12.5.4 Governance 12.5.5 Buildings 12.5.6 Mobility 12.5.7 Healthcare 12.5.8 Utilities 13. Rest of World Market Revenue (US$ Mn), 2017-2027 13.1. Key Market Findings 13.2. Long Term ROI Segments 13.3. Revenue Opportunity Influencing Factors 13.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027 13.4.1 Middle East 13.4.2 South Africa 13.4.3 North Africa 13.4.4 Rest of World 13.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027 13.5.5 Education 13.5.6 Governance 13.5.7 Buildings 13.5.8 Mobility 13.5.9 Healthcare 13.5.10 Utilities 14. Research Sources & Primary Verbatim
1. Introduction
1.1. Scope and Objective
1.2. Assumptions and Acronyms
1.3. Forecast Factors
1.4. Research Methodology
2. Executive Summary
2.1. Industry Cluster Analysis
2.2. Competition Matrix
2.3. Strategies Recommendations
3. Market Definition
3.1. Report Scope (Inclusions & Exclusions)
3.2. Market Segmentation
4. Global Smart Cities Market Overview
4.1. Global Smart Cities Market Revenue (USD Mn)
5. Key Inclusions
5.1. Porter’s Five Force analysis
5.2. Market Dynamics
5.3. Industry Trends
5.4. Regulatory Guidelines
5.5. Opportunities in Smart Cities
6. Competition Dynamics
6.1. Company Share Analysis (2019)
6.2. Top 10 Product Pricing by Region
7. Global Smart Cities Market Revenue (USD Mn), 2019-2027 by Applications
7.1. Key Market Findings
7.2. Long Term ROI Segments
7.3. Revenue Opportunity Influencing Factors
7.4. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027
7.4.1 Education
7.4.2 Governance
7.4.3 Buildings
7.4.4 Mobility
7.4.5 Healthcare
7.4.6 Utilities
8. Global Smart Cities Market Revenue (USD Mn), 2019-2027 by Region
8.1. Key Market Findings
8.2. Long Term ROI Segments
8.3. Revenue Opportunity Influencing Factors
8.4. Market Revenue (USD Mn) Assessment and Forecast by Region,2027
8.4.1 North America
8.4.2 Latin America
8.4.3 Europe
8.4.4 Asia Pacific
8.4.5 Rest of world
9. North America Market Revenue (US$ Mn), 2019-2027
9.1. Key Market Findings
9.2. Long Term ROI Segments
9.3. Revenue Opportunity Influencing Factors
9.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027
9.4.1 US
9.4.2 Canada
9.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027
9.5.1 Education
9.5.2 Governance
9.5.3 Buildings
9.5.4 Mobility
9.5.5 Healthcare
9.5.6 Utilities
10. Latin America Market Revenue (US$ Mn), 2019-2027
10.1. Key Market Findings
10.2. Long Term ROI Segments
10.3. Revenue Opportunity Influencing Factors
10.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.4.4 Rest of Latin America
10.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027
10.5.5 Education
10.5.6 Governance
10.5.7 Buildings
10.5.8 Mobility
10.5.9 Healthcare
10.5.10Utilities
11. Europe Market Revenue (US$ Mn), 2019-2027
11.1. Key Market Findings
11.2. Long Term ROI Segments
11.3. Revenue Opportunity Influencing Factors
11.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027
11.4.1 Germany
11.4.2 France
11.4.3 Spain
11.4.4 UK
11.4.5 Russia
11.4.6 Poland
11.4.7 Rest of Europe
11.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2017-2027
11.5.8 Education
11.5.9 Governance
11.5.10 Buildings
11.5.11 Mobility
11.5.12 Healthcare
11.5.13 Utilities
12. Asia Pacific Market Revenue (US$ Mn), 2019-2027
12.1. Key Market Findings
12.2. Long Term ROI Segments
12.3. Revenue Opportunity Influencing Factors
12.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027
12.4.1 Emerging Asia
12.4.1.1 China
12.4.1.2 India
12.4.1.3 ASEAN-5
12.4.1.4 Rest of Emerging Asia
12.4.2 Japan
12.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027
12.5.3 Education
12.5.4 Governance
12.5.5 Buildings
12.5.6 Mobility
12.5.7 Healthcare
12.5.8 Utilities
13. Rest of World Market Revenue (US$ Mn), 2017-2027
13.1. Key Market Findings
13.2. Long Term ROI Segments
13.3. Revenue Opportunity Influencing Factors
13.4. Market Revenue (USD Mn) Assessment and Forecast by Country, 2019-2027
13.4.1 Middle East
13.4.2 South Africa
13.4.3 North Africa
13.4.4 Rest of World
13.5. Market Revenue (USD Mn) Assessment and Forecast by Applications, 2019-2027
13.5.5 Education
13.5.6 Governance
13.5.7 Buildings
13.5.8 Mobility
13.5.9 Healthcare
13.5.10 Utilities
14. Research Sources & Primary Verbatim
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Consumer Perception and Procurement
Competitive Analysis
What’s Next
Market Data Forecast
Risks and Opportunity Assessment
Market Trends and Dynamics