Smart City

Smart City Market by Module (Smart Buildings, Smart Citizen Services, Smart Transportation), Component (Hardware, Services, Software) - Global Forecast 2024-2030

SKU
MRR-431752EA4C4C
Region
Global
Publication Date
February 2024
Delivery
Immediate
2023
USD 426.95 billion
2030
USD 825.21 billion
2024
USD 468.69 billion
CAGR
9.87%
360iResearch Analyst
SPEAK TO ANALYST? OR FACE-TO-FACE MEETING?
Want to know more about the smart city market or any specific requirement? Ketan helps you find what you're looking for.
DOWNLOAD A FREE PDF
This free PDF includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.

[184 Pages Report] The Smart City Market size was estimated at USD 426.95 billion in 2023 and expected to reach USD 468.69 billion in 2024, at a CAGR 9.87% to reach USD 825.21 billion by 2030.

Smart City Market
To learn more about this report, request a free PDF copy
The smart city market comprises the sale of technologies, solutions, and platforms that contribute to the development of intelligent urban infrastructure. These technologies facilitate optimized resource management, improved service delivery, and enhanced citizen engagement through interconnected devices, data analytics, and innovative connectivity solutions. The applications of smart city solutions span various city operations, including transportation, energy management, water and waste management, public safety, and urban mobility. The end users are municipal governments and public-private partnerships aiming to increase the efficiency, sustainability, and quality of life within urban environments. The factors contributing to the growth of the smart city market include rapid urbanization, the need for efficient infrastructure management, advancements in IoT, and the rising concern for environmental sustainability. Government initiatives and investment in smart infrastructure are also critical drivers of market expansion. However, the progression of the smart city market is hampered by a variety of factors, such as high initial investments and funding constraints, data privacy and security concerns, and complexities in integrating legacy systems with new technologies. Furthermore, leveraging artificial intelligence and 5G technology in smart city solutions can significantly improve decision-making and predictive maintenance and enhance data transmission speeds and resource distribution.
Smart City Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Smart City Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Smart City Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Smart City Market, highlighting leading vendors and their innovative profiles. These include Bentley Systems Incorporated, Hitachi Energy Ltd., Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, Kapsch TrafficCom AG, Microsoft Corporation, NEC Corporation, Oracle Corporation, SAP SE, Schneider Electric SE, Siemens AG, Telefonaktiebolaget LM Ericsson, Toshiba Corporation, and Yellow Line Parking Ltd..

Market Segmentation & Coverage

This research report categorizes the Smart City Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Module
    • Smart Buildings
      • Building Energy Optimization
      • Emergency Management
      • Parking Management System
    • Smart Citizen Services
      • Smart Education
      • Smart Healthcare
      • Smart Public Safety
      • Smart Street Lighting
    • Smart Transportation
      • Connected Vehicle
      • Freight Information System
      • Passenger Information Management System
      • Smart Ticketing
      • Traffic Management System
    • Smart Utilities
      • Advanced Metering Infrastructure
      • Distribution Management System
      • Substation Automation
  • Component
    • Hardware
    • Services
    • Software

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects:

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

  1. What is the market size and forecast of the Smart City Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Smart City Market?
  3. What are the technology trends and regulatory frameworks in the Smart City Market?
  4. What is the market share of the leading vendors in the Smart City Market?
  5. Which modes and strategic moves are suitable for entering the Smart City Market?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Smart City Market, by Module
  7. Smart City Market, by Component
  8. Americas Smart City Market
  9. Asia-Pacific Smart City Market
  10. Europe, Middle East & Africa Smart City Market
  11. Competitive Landscape
  12. Competitive Portfolio
  13. List of Figures [Total: 20]
  14. List of Tables [Total: 564]
  15. List of Companies Mentioned [Total: 15]
Frequently Asked Questions
  1. How big is the Smart City Market?
    Ans. The Global Smart City Market size was estimated at USD 426.95 billion in 2023 and expected to reach USD 468.69 billion in 2024.
  2. What is the Smart City Market growth?
    Ans. The Global Smart City Market to grow USD 825.21 billion by 2030, at a CAGR of 9.87%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 7th anniversary in 2024!
  6. What if I have a question about your reports?
    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
  7. Can I share this report with my team?
    Ans. Absolutely yes, with the purchase of additional user licenses.
  8. Can I use your research in my presentation?
    Ans. Absolutely yes, so long as the 360iResearch cited correctly.