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Smart City Platforms Market Outlook 2023 - Growth, Size, Trends And Forecast 2032 | Amazon Web Services Inc., Cisco Systems Inc., Hitachi Ltd., Huawei Technologies Co. Ltd., Intel Corporation
Smart City Platforms Market
Smart City Platforms Market Size, Growth Rate, And Forecast
The global smart city platforms market size is expected to grow from $155.03 billion in 2022 to $174.96 billion in 2023 at a compound annual growth rate (CAGR) of 12.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global smart city platforms market size is expected to grow to $277.49 billion in 2027 at a CAGR of 12.2%.
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Smart City Platforms Market Drivers
Growing urbanization is expected to propel the growth of the smart city platforms market going forward. Urbanization refers to the process by which many people permanently assemble in comparatively small regions to establish cities. It occurs because people move from rural areas to urban areas. Smart city platforms are used for improving urban area management and quality of life for citizens.
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Smart City Platforms Market Segments
• By Offering: Platforms, Services
• By Deployment Model: On Premise, Cloud
• By Delivery Model: Offshore, Hybrid, Onshore
• By Application: Smart Infrastructure, Smart Governance and Smart Education, Smart Energy, Smart Mobility, Smart Healthcare, Smart Buildings, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Smart City Platforms market.
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Smart City Platforms Market Key Players
Major competitors in the smart city platforms market include Amazon Web Services Inc., Cisco Systems Inc., Hitachi Ltd., Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation.
The Business Research Company's "Global Smart City Platforms Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Smart City Platforms Market Include:
1. Executive Summary
2. Smart City Platforms Market Characteristics
3. Smart City Platforms Market Trends And Strategies
4. Smart City Platforms Market - Macro Economic Scenario
5. Smart City Platforms Market Size And Growth
……
26. Africa Smart City Platforms Market
27. Smart City Platforms Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart City Platforms Market
29. Smart City Platforms Market Future Outlook and Potential Analysis
30. Appendix
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