Press release
Smart Cities Market Key Players| AT&T Inc., Cisco Systems Inc., Ericsson, General Electric, Hitachi Ltd., IBM Corporation, Intel Corporation
Smart cities are aimed for sustainable economic development and high quality of life by using information and communication technologies in multiple areas such as economy, environment, mobility, healthcare, living, and government. Adoption of smart cities solutions, rapid urbanization, and demand for better quality of life are the key factors that drive the growth of the global smart cities market. The main purpose of the smart cities mission is to drive economic growth and to improve the quality of life of individuals by empowering local area development and harnessing technology, particularly the technology which leads to smart outcomes. Therefore, it has been estimated that cities which will deploy smart mobility applications are expected to reduce commuting time by 15‐20% by 2025, which shows the benefits of smart cities applications and motivates the governments to adopt it.
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Increasing demand for smart city solutions supported by government initiatives, rising need to manage limited natural resources in a better way, increasing urban population, and growing focus on environmental sustainability are the major factors that fuel the growth of the global smart cities market. However, data security and privacy concerns associated with smart devices are some of the major factors that hamper the growth of the global market. Furthermore, the factor such as emergence of AI in smart cities the market is expected to provide lucrative opportunities for smart cities market growth in the coming years.
The global smart cities market is segmented based on functional area and region. In terms of functional area, the market is divided into smart governance & smart education, smart energy, smart infrastructure, smart mobility, smart healthcare, smart building, and others. As per region, the smart cities market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global smart cities market is dominated by key players such as AT&T Inc., Cisco Systems Inc., Ericsson, General Electric, Hitachi Ltd., Honeywell International Inc., Microsoft Corporation, Oracle Corporation, Schneider Electric SE, and others.
Key Benefits for Smart Cities Market:
- The study presents an in-depth analysis of the global smart cities market along with the current trends & future estimations to elucidate the imminent investment pockets.
- Information about the key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of the buyers and the suppliers operating in the industry.
- The quantitative analysis of the global market from 2018 to 2025 is provided to determine the market potential.
Smart Cities Key Market Segments:
By Functional Area
- Smart Governance & Smart Education
- Smart Energy
- Smart Infrastructure
- Smart Mobility
- Smart Healthcare
- Smart Building
- Others
By Region
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Singapore
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- AT&T Inc.
- Cisco Systems Inc.
- Ericsson
- General Electric
- Hitachi Ltd.
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
- Schneider Electric SE
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Table of Contents:
CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key benefits for stakeholders
1.3. Research methodology
1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. KEY FINDINGS OF THE STUDY
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies
3.3. Porter’s five forces analysis
3.4. Market player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
CHAPTER 4: SMART CITIES MARKET BY FUNCTIONAL AREA
4.1. Overview
4.2. Smart Governance and Smart Education
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast by region
4.2.3. Market analysis by country
4.3. Smart Energy
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market analysis by country
4.4. Smart Infrastructure
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast by region
4.4.3. Market analysis by country
4.5. Smart Mobility
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast by region
4.5.3. Market analysis by country
4.6. Smart Healthcare
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast by region
4.6.3. Market analysis by country
4.7. Smart Building
4.7.1. Key market trends, growth factors and opportunities
4.7.2. Market size and forecast by region
4.7.3. Market analysis by country
4.8. OTHERS
4.8.1. Overview
4.8.2. Key market trends, growth factors and opportunities
4.8.3. Market size and forecast by region
4.8.4. Market analysis by country
CHAPTER 5: SMART CITIES MARKET BY REGION
5.1. Overview
5.2. North America
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast by Functional Area
5.2.3. Market size and forecast, by country
5.2.4. U.S. SMART CITIES MARKET
5.2.4.1. Market size and forecast by Functional Area
5.2.5. CANADA SMART CITIES MARKET
5.2.5.1. Market size and forecast by Functional Area
5.3. Europe
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast by Functional Area
5.3.3. Market size and forecast, by country
5.3.4. UK SMART CITIES MARKET
5.3.4.1. Market size and forecast by Functional Area
5.3.5. GERMANY SMART CITIES MARKET
5.3.5.1. Market size and forecast by Functional Area
5.3.6. FRANCE SMART CITIES MARKET
5.3.6.1. Market size and forecast by Functional Area
5.3.7. REST OF EUROPE SMART CITIES MARKET
5.3.7.1. Market size and forecast by Functional Area
5.4. ASIA-PACIFIC
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast by Functional Area
5.4.3. Market size and forecast, by country
5.4.4. CHINA SMART CITIES MARKET
5.4.4.1. Market size and forecast by Functional Area
5.4.5. INDIA SMART CITIES MARKET
5.4.5.1. Market size and forecast by Functional Area
5.4.6. JAPAN SMART CITIES MARKET
5.4.6.1. Market size and forecast by Functional Area
5.4.7. SINGAPORE SMART CITIES MARKET
5.4.7.1. Market size and forecast by Functional Area
5.4.8. REST OF ASIA-PACIFIC SMART CITIES MARKET
5.4.8.1. Market size and forecast by component
5.4.8.2. Market size and forecast by Functional Area
5.5. LAMEA
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast by Functional Area
5.5.3. Market size and forecast, by country
5.5.4. LATIN AMERICA SMART CITIES MARKET
5.5.4.1. Market size and forecast by Functional Area
5.5.5. MIDDLE EAST SMART CITIES MARKET
5.5.5.1. Market size and forecast by Functional Area
5.5.6. AFRICA SMART CITIES MARKET
5.5.6.1. Market size and forecast by Functional Area
Continue….
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