openPR Logo
Press release

Smart City Platform MarketGlobal Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

06-25-2019 09:17 AM CET | Health & Medicine

Press release from: FutureWise Research

Smart City Platform Market

Smart City Platform Market

The global smart city platform was valued over $100 Bn in 2018 and is expected to surpass $320 Bn by 2026. The Smart City  market is growing exponentially, in less time, smart cities has increased from minimum 24 to over 100 now. It is expected that about 600 cities are predicted to be smart cities in upcoming years. 
Rising investment for smart city platforms is a plausible result of the sustained development of it's programs. Smart city platform concept enables to connect the integration of urban services and development of technology that will enable cities to become smart by capturing and leveraging data to facilitate better decisions. In the realm of civil infrastructure, smart city platforms is an element of a broader transformation that is headed by the Internet of Things (IoT) solutions and alternate technologies. 
In the realm of urban infrastructure and services, smart city platforms is an element of a broader transformation that is being driven by the deployment of the Internet of Things (IoT) solutions and other smart city technologies. 
An enormous opportunity for vendors of smart city platform provider is open due to the implementation of integrated IoT solutions in a smart city. The various segments of IoT solutions are cloud security services, software and hardware. The adoption rate for IoT solutions is at an all-time high, this is increasing the demand for platform providers in the smart city value chain, thereby initiating profitable opportunities for them. 

 Request a Sample Report @
Consulting and Architecture Designing Service is Estimated to Hold Highest Market Share
Increasing initiatives in the smart city space to make the cities safer and sustainable are driving the demand for this technology, aforementioned has resulted in the need for consultation and architecture designing service to grow steadily. 
As per FutureWise's study, the consulting and architectural designing service is poised to dominate the service segment of the smart city platforms market. 
The development of an urban infrastructure depends on competent planning and systematic integration of technology.
Surge in Demand for Hybrid Delivery Models
Hybrid delivery model offers security platform along with connectivity management platform, this model benefits the onshore as well as offshore. 
The implementation of hybrid solutions is poised to increase exponentially during the forecast period (2019-2026), owing to a broad array of functionalities and features the solutions provide.
APAC is poised to Account for Highest CAGR
APAC is paving way for smart cities and is estimated to account for the highest CAGR as compared to the other regions as there has been a rapid rise in the adoption rate of IoT and increasing demand for smart solutions. In total, the investment on IoT in APAC was $10 Bn in 2014 and is estimated to reach $59 Bn by 2020. Singapore and South Korea are estimated to be among the top 5 global markets to adopt IoT. 
There have been aggressive initiatives by the governments of countries such as China and India in the smart city space. 
North America is poised to be a major contributor to the smart city platforms market. 
Smart City Platform Market Segmentation: 
By Platform Type:  
•    Connectivity Management Platform  
•    Integration Platform  
•    Device Management Platform  
•    Data Management Platform  
•    Security Platform 
Purchase a Copy of this Premium Research Report At:

By Service: 
•    Deployment and Training  
•    Consulting and Architecture Designing 
•    Infrastructure Monitoring and Management 
By Delivery Model: 
•    Onsite segments 
•    Offshore 
•    Hybrid 
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 city platform market on the basis of platform type, service, delivery model, 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 the overall market  
•    To predict the market size, in five key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa 
•    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
Essential Questions Answered
How rapidly will the smart city platform market grow globally?
What are the key factors influencing or restraining growth of smart city platform market?
Key regions to focus on?
Who are the key players in the smart city platform market space?
 Inquire further details about this report at:

Contact Us:
Company Name: FutureWise Research
Contact Person:  Vinay Thaploo
Phone: +44 141 628 9353 / +1 970 279 4295
City:  Leeds
Country:  United Kingdom

About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and customised solutions for our clients. Through in-depth market insights and consultancy, we present our clients with the tools they need to be at the forefront of their industry – a position secured for far more than the near future.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart City Platform MarketGlobal Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026 here

News-ID: 1786855 • Views: 572

More Releases from FutureWise Research

Unit Drug Dose Delivery System Market Global Trends, Market Share, Industry Size …
Global Unit Drug Dose Delivery System Market is poised to register a CAGR of over 5% during the forecast period of 2019 to 2026. Patients have to receive accurate dosing of drugs which will improve the recovery rate of the patient hence unit drug delivery system is implemented by hospitals and clinics. This system is also efficient in maintaining drug storage and its disposal. These are some of the primary factors that
Vascular Sealing Systems Market Global Trends, Market Share, Industry Size, Grow …
Global vascular sealing systems market predicted to value over USD 1 billion by 2026 end and register a CAGR over 6% during the forecast period 2019 to 2026.  The number of patients experiencing cardiovascular disease (CVD) are on a rise due to lack of physical activity, high blood pressure, changing lifestyle, addictions like alcohol consumption and smoking. According to the American Heart Association, CVD is the leading cause for mortality worldwide,
Implantable Pulse Generator Market Global Trends, Market Share, Industry Size, G …
A rise in various complex diseases and medical conditions has led the healthcare sector to push research and development boundaries which have resulted in a new age of disease treatment and one such technology is Implantable Pulse Generator (IPG). It is a micro-electronic medical device which is battery-powered that is inserted in the body where the nervous system is delivered with an electric stimulation which helps in stimulation or blocking
Hospital Acquired Pneumonia Treatment Market Global Trends, Market Share, Indust …
The global hospital acquired pneumonia treatment market is estimated to value over US$ 1.5 billion with a CAGR of 3% during the forecast period, 2019 to 2026 In the recent past, the public healthcare system is facing a difficult challenge in the form of Hospital Acquired Pneumonia (HAP). It is a type of pneumonia when a person is hospitalized for more than 48 hours. In pneumonia, the lungs are conditioned to an inflammatory

All 5 Releases

More Releases for Platform

Process Automation (DPA) Software Market 2022 Analysis by Key Players - KiSSFLOW …
Process Automation (DPA) Software Market Scope and Overview Digital process automation (DPA) software is an emerging market of tools containing features found in many technologies, including a number of process automation and rapid application development software technologies. The most recent research report provides in-depth analysis of all segments, categories, and regional and national markets studied in the Process Automation (DPA) Software Market study, as well as thorough data on all regional markets.
Internet of Robotic Things (IoRT) Market Growing Up By Platform: Device Manageme …
Acumen Research and Consulting has announced the addition of the "Internet of Robotic Things (IoRT) Market” report to their offering. The Internet of Robotic Things (IoRT) Market Report 2018 is an in depth study analyzing the current state of the Internet of Robotic Things (IoRT) Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Internet of Robotic Things
Process Automation (DPA) Software- A Market Worth Observing Growth | Nintex Plat …
The latest 94+ page survey report on Global Process Automation (DPA) Software Market is released by HTF MI covering various players of the industry selected from global geographies like North America, Europe, China, Japan, Southeast Asia, India & Central & South America. A perfect mix of quantitative & qualitative Market information highlighting developments, industry challenges that competitors are facing along with gaps and opportunity available and would trend in Process
Process Automation (DPA) Software Market 2020: Trends, Share and Manufacturer An …
The Global Process Automation (DPA) Software Industry: 2020 Market Report is a professional and in-depth study on the current state of the Process Automation (DPA) Software Market. Complete report on Process Automation (DPA) Software market spread across 94 pages, profiling 9 companies and supported with tables and figures is now available at The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Process
Residential Energy Management Market Report 2018: Segmentation by Platform (Ener …
Global Residential Energy Management market research report provides company profile for Elster Group, General Electric Company, Itron Incorporate, Landis+Gyr AG, Schneider Electric SE, Opower Incorporate, Silver Spring Network, Aclara Technologies LLC, Ltd, Tendril Networks, Inc. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Low Code Development Platform Market: Demand for Mobile-first App Platform and G …
Highly fragmented, yet full of promises, the global low code development platform market is forecast to report exponential growth in the coming years. Google Inc. is one of the recent players to join the bandwagon. In December 2016 they announces a flurry of low-code solutions for developers. With this, they joined OutSystems besides other vendors who identified and acknowledged the daily struggles of IT teams with regards to resources challenges