Market Overview:
The global smart cities / connected city solutions market is expected to grow from USD XX billion in 2018 to USD XX billion by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing demand for smart city solutions across different applications and regions. The global smart cities / connected city solutions market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into energy management, mobility & transport management, ICT infrastructure management, business process outsourcing (BPO), security & emergency management, and others. The energy management segment is expected to hold the largest share in 2018 owing to rising concerns about climate change and its impact on economies worldwide. However, BPO services are projected to grow at a highest CAGR during the forecast period as businesses are increasingly adopting these services for cost-effective operations.
Product Definition:
A Smart City is a municipality that uses technology to improve the quality of life for its residents. Connected City Solutions refers to the various technologies and applications used to make a city smart. These solutions include everything from intelligent transportation systems and sensors that monitor pollution levels to public Wi-Fi networks and smart parking meters.
The importance of Smart Cities / Connected City Solutions is twofold. First, these solutions help municipalities manage their resources more efficiently. For example, intelligent transportation systems can optimize traffic flows, reducing congestion and improving air quality. Sensors that measure pollution levels can help cities identify areas where they need to take action to improve air quality. And public Wi-Fi networks can provide residents with free or low-cost internet access, which can boost economic development by enabling people to work online or access educational resources from home.
Second, Smart Cities / Connected City Solutions make cities more livable by improving the quality of life for residents in a variety of ways. For example, smart parking meters allow people to find parking spaces more quickly and easily; this reduces stress levels and helps reduce emissions from cars looking for parking spots on congested streets.
Energy:
The global energy market is expected to witness significant growth over the forecast period. Energy plays a vital role in modern life and its proper management is essential for sustainable development. The increasing population coupled with rapid urbanization has led to an increase in energy consumption, which will further lead to increased demand for electricity and fuelwood over the next eight years.
Mobility & Transport:
The global mobility and transport and its usage in smart cities/connected city solutions market size was valued at USD 83.6 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period, owing to increasing penetration of smartphones, tablets, laptops and other such devices that provide mobility services across the world.
Application Insights:
The large cities segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing urbanization due to rising income levels in developing countries such as India, China, Bangladesh and Thailand. Furthermore, technological advancements in communication devices that provide enhanced experience for residents will boost the growth of connected city solutions across all segments.
Medium cities are expected to witness significant growth over the forecast period owing to increased penetration of internet services along with growing demand for smart city development projects from local governments at a regional level.
Regional Analysis:
Asia Pacific is expected to emerge as the fastest-growing region over the forecast period. The growth can be attributed to increasing government initiatives and investments in urban infrastructure development. For instance, China has launched its 13th Five-Year Plan for Modern Comprehensive Urban Development (2016 - 2020) with an aim to improve living standards of its 1.4 billion population by 2020.
The Asia Pacific regional market accounted for more than 35% of the overall revenue share in 2017 owing to growing adoption across emerging economies including India and Japan among others.
Growth Factors:
- Increasing demand for smart city solutions from municipal governments and other public sector organizations due to the need for improved efficiency, sustainability, and citizen engagement.
- Rapid urbanization in developing countries is creating a large market for smart city solutions as these cities strive to become more efficient and livable.
- The increasing number of connected devices and sensors being deployed in cities is providing new opportunities for smart city solution providers to improve traffic management, energy consumption, public safety, etc.
- Growing interest among private sector companies in using smart city technologies to improve their operations and better serve their customers/consumers.
- Advances in big data analytics and artificial intelligence are enabling new ways of solving problems and improving the quality of life in cities
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Cities / Connected City Solutions Market Research Report
By Type
Energy, Mobility & Transport, ICT, BPO, Security, Others
By Application
Small Cities, Medium Cities, Large Cities
By Companies
Huawei(CN), Atkins(UK), Cisco Systems(US), AT&T(US), Verizon Wireless(US), Vodafone(UK), Telefónica(ES), Sekisui House(JP), Kawasaki Heavy Industries(JP), Tokyo Gas(JP), NEC Corporation(JP), Schneider Electric(FR), Siemens(DE), Microsoft(US), Hitachi(JP), IBM(US), Ericsson(SE), Toshiba(JP), Oracle(US), ABB Group(CH), Panasonic(JP), SAP SE(DE), Silver Spring Networks(US), General Electric(US), Itron(US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Smart Cities / Connected City Solutions Market Report Segments:
The global Smart Cities / Connected City Solutions market is segmented on the basis of:
Types
Energy, Mobility & Transport, ICT, BPO, Security, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small Cities, Medium Cities, Large Cities
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Huawei(CN)
- Atkins(UK)
- Cisco Systems(US)
- AT&T(US)
- Verizon Wireless(US)
- Vodafone(UK)
- Telefónica(ES)
- Sekisui House(JP)
- Kawasaki Heavy Industries(JP)
- Tokyo Gas(JP)
- NEC Corporation(JP)
- Schneider Electric(FR)
- Siemens(DE)
- Microsoft(US)
- Hitachi(JP)
- IBM(US)
- Ericsson(SE)
- Toshiba(JP)
- Oracle(US)
- ABB Group(CH)
- Panasonic(JP)
- SAP SE(DE)
- Silver Spring Networks(US)
- General Electric(US)
- Itron(US)
Highlights of The Smart Cities / Connected City Solutions Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Energy
- Mobility & Transport
- ICT
- BPO
- Security
- Others
- By Application:
- Small Cities
- Medium Cities
- Large Cities
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Cities / Connected City Solutions Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Cities are a new type of city that uses technology to improve the quality of life for its residents. Connected City Solutions are a set of technologies and practices that help cities connect with each other and with their citizens, creating an open network where everyone can share information and collaborate on common goals.
Some of the major players in the smart cities / connected city solutions market are Huawei(CN), Atkins(UK), Cisco Systems(US), AT&T(US), Verizon Wireless(US), Vodafone(UK), TelefƒÂ³nica(ES), Sekisui House(JP), Kawasaki Heavy Industries(JP), Tokyo Gas(JP), NEC Corporation(JP), Schneider Electric(FR), Siemens(DE), Microsoft(US), Hitachi(JP), IBM(US), Ericsson(SE), Toshiba(JP), Oracle(US), ABB Group(CH), Panasonic(JP), SAP SE(DE), Silver Spring Networks(US), General Electric(US), Itron(US).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Smart Cities / Connected City Solutions Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Smart Cities / Connected City Solutions Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Smart Cities / Connected City Solutions Market - Supply Chain
4.5. Global Smart Cities / Connected City Solutions Market Forecast
4.5.1. Smart Cities / Connected City Solutions Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Smart Cities / Connected City Solutions Market Size (000 Units) and Y-o-Y Growth
4.5.3. Smart Cities / Connected City Solutions Market Absolute $ Opportunity
5. Global Smart Cities / Connected City Solutions Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Smart Cities / Connected City Solutions Market Size and Volume Forecast by Type
5.3.1. Energy
5.3.2. Mobility & Transport
5.3.3. ICT
5.3.4. BPO
5.3.5. Security
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Smart Cities / Connected City Solutions Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Smart Cities / Connected City Solutions Market Size and Volume Forecast by Application
6.3.1. Small Cities
6.3.2. Medium Cities
6.3.3. Large Cities
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Smart Cities / Connected City Solutions Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Smart Cities / Connected City Solutions Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Smart Cities / Connected City Solutions Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Smart Cities / Connected City Solutions Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Smart Cities / Connected City Solutions Demand Share Forecast, 2019-2026
9. North America Smart Cities / Connected City Solutions Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Smart Cities / Connected City Solutions Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Smart Cities / Connected City Solutions Market Size and Volume Forecast by Application
9.4.1. Small Cities
9.4.2. Medium Cities
9.4.3. Large Cities
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Smart Cities / Connected City Solutions Market Size and Volume Forecast by Type
9.7.1. Energy
9.7.2. Mobility & Transport
9.7.3. ICT
9.7.4. BPO
9.7.5. Security
9.7.6. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Smart Cities / Connected City Solutions Demand Share Forecast, 2019-2026
10. Latin America Smart Cities / Connected City Solutions Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Smart Cities / Connected City Solutions Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Smart Cities / Connected City Solutions Market Size and Volume Forecast by Application
10.4.1. Small Cities
10.4.2. Medium Cities
10.4.3. Large Cities
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Smart Cities / Connected City Solutions Market Size and Volume Forecast by Type
10.7.1. Energy
10.7.2. Mobility & Transport
10.7.3. ICT
10.7.4. BPO
10.7.5. Security
10.7.6. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Smart Cities / Connected City Solutions Demand Share Forecast, 2019-2026
11. Europe Smart Cities / Connected City Solutions Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Smart Cities / Connected City Solutions Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Smart Cities / Connected City Solutions Market Size and Volume Forecast by Application
11.4.1. Small Cities
11.4.2. Medium Cities
11.4.3. Large Cities
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Smart Cities / Connected City Solutions Market Size and Volume Forecast by Type
11.7.1. Energy
11.7.2. Mobilty & Transport
11.7.3. ICT
11.7.4. BPO
11.7.5. Security
11.7.6. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Smart Cities / Connected City Solutions Demand Share, 2019-2026
12. Asia Pacific Smart Cities / Connected City Solutions Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Smart Cities / Connected City Solutions Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Smart Cities / Connected City Solutions Market Size and Volume Forecast by Application
12.4.1. Small Cities
12.4.2. Medium Cities
12.4.3. Large Cities
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Smart Cities / Connected City Solutions Market Size and Volume Forecast by Type
12.7.1. Energy
12.7.2. Mobility & Transport
12.7.3. ICT
12.7.4. BPO
12.7.5. Security
12.7.6. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Smart Cities / Connected City Solutions Demand Share, 2019-2026
13. Middle East & Africa Smart Cities / Connected City Solutions Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Smart Cities / Connected City Solutions Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Smart Cities / Connected City Solutions Market Size and Volume Forecast by Application
13.4.1. Small Cities
13.4.2. Medium Cities
13.4.3. Large Cities
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Smart Cities / Connected City Solutions Market Size and Volume Forecast by Type
13.7.1. Energy
13.7.2. Mobility & Transport
13.7.3. ICT
13.7.4. BPO
13.7.5. Security
13.7.6. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Smart Cities / Connected City Solutions Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Smart Cities / Connected City Solutions Market: Market Share Analysis
14.2. Smart Cities / Connected City Solutions Distributors and Customers
14.3. Smart Cities / Connected City Solutions Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Huawei(CN)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atkins(UK)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cisco Systems(US)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AT&T(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Verizon Wireless(US)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vodafone(UK)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Telefónica(ES)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sekisui House(JP)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kawasaki Heavy Industries(JP)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tokyo Gas(JP)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. NEC Corporation(JP)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Schneider Electric(FR)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Siemens(DE)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Microsoft(US)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Hitachi(JP)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. IBM(US)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ericsson(SE)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Toshiba(JP)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Oracle(US)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. ABB Group(CH)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook