Smart Cities Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-848 | Report Format : | Status : Upcoming |

Abstract

Global Smart Cities Market: Overview

An urban region fully advanced in the infrastructure, communication, sustainable real estate and market viability sector is known as a 'smart city'. The main infrastructure is the information technology, which provides services to the residents. The economic development and activity are maintainable and incremental depending on the supply and demand. The focus of the smart city is improving the standard of living, economic growth, service efficiency and meet residential needs using urban technology and informatics. The sectors such as transportation and traffic management, government services, healthcare, energy, water, waste management, and advanced urban agriculture are expected to adopt the smart city technology. The smart city programs and technologies have been implemented in Southampton, Madrid, Stockholm, Amsterdam, Milton Keynes, and Barcelona so far.

Global Smart Cities Market: Growth Factors

The growing infrastructure, technological advancements in the information and communication technology along with the increasing urbanization are the factors driving the global smart cities market growth. The smart city solutions in various sectors such as construction, transportation, citizen services, and utilities in order to improve the living standard, efficiency, environmental protection, energy optimization and economic stability may boost the global market in future. The other factors driving the smart cities market are the use of technology in the IoT, mobility and sensor field, increasing energy consumption, government initiatives, cost-effective building infrastructure, limitations in capacity expansion, and rising renewable energy share.

Global Smart Cities Market: Segmentation

The global smart cities market is bifurcated on the basis of focus area, services, and geography. The focus area segment is further categorized into transportation, buildings, utilities, and smart citizen services. The transportation sub-segment is grouped into rails and roads. The buildings sub-segment is further bifurcated into commercial and residential. The utility sub-segment of the global smart cities market is further divided into water, gas, and energy. The smart citizen services sub-segment is categorized into healthcare, education, and security. The services segment includes management and planning, consulting, infrastructure monitoring and integration. The geographical segmentation of the global smart cities market includes Asia Pacific, Europe, the Middle East and Africa, Latin America, and North America.

Global Smart Cities Market: Regional Analysis

The highest growth is seen in Asia-Pacific region followed by Europe. The global smart cities market is expected to grow in the Middle East and African, and Latin American regions. These regions have high scope for development as smart cities. The high return on investments in the smart cities boosts the global market.

Global Smart Cities Market: Competitive Players

The major players in the global smart cities market include Microsoft, Cisco, IBM, Oracle, Toshiba, Huawei Technologies, Hitachi, Siemens, Ericsson, Alstom SA, SAP SE, Alcatel-Lucent SA, and Schneider Electric. The other players in the global market include ABB Ltd., General Electric, Silver Spring Networks, Inc., AGT International, Itron, Inc., Honeywell International, Inc., Kapsch Group Beteiligungs GmbH, and Maven Systems Pvt. Ltd. Some of the prominent market players are GE, Google, Accenture, Nokia, HCL, Jasper technologies, Aeris Communications, KORE Wireless, Novatel Wireless, Mercedes-Benz, Telefonica, Wipro, Vodafone, NEC, NTT DATA, Sierra Wireless, Digi International, HP, and LG.

Global Smart Cities Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • Germany
    • France
    • UK
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East & Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 


Related Reports

IoT in Elevators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3943 | Report Format:

Global IoT in Elevators Market: Overview IoT-enabled elevators utilize artificial intelligence for enabling transportation of passengers and commodities vertically. Integrating IoT-enabled elevators in ones daily life involves upgrading the essential parts of an elevator for handling new technol...Read More

Event Stream Processing Market By Type (Analytics and Data Integration), By Component (Solutions and Services), By Deployment (Cloud and On-Premises), and By Application (Algorithmic Trading, Fraud Detection, Network Monitoring, Predictive Maintenance, Sales and Marketing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Mar-2019 | Price : $ 4899.00 | Pages: 168 | Report Code: ZMR-3940 | Report Format:

The report analyzes and forecasts the event stream processing market on a global and regional level. The study offers past data of 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Million). The assessment of event stream processing market dynamics gives a brief insight into...Read More

Accounts Payable Software Market by Type (Cloud/SaaS/Web-Based and Installed) and by Application (SMEs and Large Enterprises): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Mar-2019 | Price : $ 4899.00 | Pages: 154 | Report Code: ZMR-3931 | Report Format:

The report covers a forecast and an analysis of the accounts payable software market on a global and regional level. The study provides historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the account...Read More

Swept Frequency Capacitive Sensing Market by Technology (Surface Capacitance, Projected Capacitance, Self-Capacitance, and Mutual Capacitance), by Application (Smartphones, Laptops, Tablets, Wearable Devices, Interactive Monitors, Touch-Based Human Machine Interface, Digital Signage, and Others), and by End-User (Automotive, Aerospace and Defense, Consumer Electronics, Healthcare, Industrial Manufacturing, Construction, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Mar-2019 | Price : $ 4899.00 | Pages: 155 | Report Code: ZMR-3912 | Report Format:

The report covers a forecast and an analysis of the swept frequency capacitive sensing market on a global and regional level. The study provides historical data for 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers, challenges, and rest...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.