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Global Smart City Platforms Market 2020: Global Industry Analysis Report to 2026

02-16-2021 09:27 AM CET | Media & Telecommunications

Press release from: Orion Market Research

The global market for smart city platforms is projected to have considerable CAGR of around 17.5% during the forecast period. The market growth mainly backed by the increasing government initiatives for the adoption of smart city platforms through various smart city projects across the globe. As cities across the globe witness an increase in growth, the requirement to operate efficiently, expand sustainability, and maintain a high-quality life for individuals becomes even more significant. Making cities smarter is rising as a significant area of focus for the private sector and government as well. However, with rapid urbanization becoming an inevitable fact, cities are facing increasing challenges to secure financially sustainable water and sanitation services for its citizenry. If matched with appropriate and effective ICT solutions in the form of smart city platforms, various issues within cities can be addressed appropriately and managed. Moreover, the integration of AI and Iot technology in smart city further provide significant opportunity to the market.

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The global smart city platforms market is segmented based on platform, and application. Based on the platform, the market is further classified into connectivity management platform, data management platform, device management platform, integration platform, and security platform . The data management platform segment is projected to have considerable share owing to the significant rise in big data analytics and growing demand of connected devices. On the basis of application the market is further segregated into smart utilities, smart mobility, smart security, smart governance, infrastructure management, and others.

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Global Smart City Platforms Market Segmentation

By Platform

• Connectivity Management Platform
• Data Management Platform
• Device Management Platform
• Integration Platform
• Security Platform

By Application

• Smart Utilities
• Smart Mobility
• Smart Security
• Smart Governance
• Infrastructure Management
• Others( Smart Healthcare)

Regional Analysis

North America
• United States
• Canada
• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

• India
• China
• Japan
• Rest oF APAC
Rest of The World

Company Profiles
• Alibaba Group Holding Ltd.
• AT&T Inc.
• Cisco Systems Inc.
• General Electric Co.
• Eaton Corp.
• Hitachi Ltd.
• Honeywell International Inc.
• Huawei Technologies Co., Ltd..
• IBM Corp.
• Intel Corp.
• Itron Inc.
• Microsoft Corp.
• Nokia Corp.
• Oracle Corp.
• Purple Wifi Ltd.
• Schneider Electric SE
• Siemens AG
• Telefonaktiebolaget LM Ericsson
• Verizon Communications Inc.

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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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