SMART CITIES MARKET GLOBAL FORECAST TO 2025 REPORT BROCHURE WITH SAMPLE PAGES PDF Free Download
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REPORT CODE: TC 3071
SMART CITIES MARKET
GLOBAL FORECAST TO 2025
REPORT BROCHURE WITH SAMPLE PAGES
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INTRODUCTION
1.1 INTRODUCTION TO COVID-19
COVID-19 is an infectious disease caused by the most recently discovered novel coronavirus. Largely unknown before its
outbreak began in Wuhan, China, in December 2019, COVID-19 moved from being a regional crisis to a global pandemic
in just a few weeks. The World Health Organization (WHO) declared COVID-19 as a pandemic on March 11, 2020.
As this virus is spreading rapidly at a global level, countries across the globe are trying to prevent further contagion
by adopting measures, such as social distancing, contact tracing, self-quarantining, surveillance, communication, and
testing. So far, China, South Korea, Japan, and Singapore have managed to flatten the curve, while the US, Italy, Spain,
Germany, France, and Iran are imposing drastic measures to slow down the spread and control fatalities.
Government agencies have announced special financial aid packages toward the development of preventive and curative
drugs, the purchase of critical care medical devices, and the fast-track approval of diagnostic tests. Various organizations
across the globe, such as the Bill and Melinda Gates Foundation (BMGF) and Wellcome Trust, are also coming together to
accelerate and strengthen the efforts to fight the COVID-19 pandemic.
1.2 COVID-19 HEALTH ASSESSMENT
This is indeed an unprecedented crisis, which has put an enormous strain on healthcare providers across the globe.
According to the WHO, within 67 days, the first 100,000 confirmed cases were reported worldwide. It took another 11 days
to reach 200,000 confirmed cases; in the next four days, the number reached 300,000 confirmed cases, and the count
reached one million confirmed cases in another 12 days.
Figure 1 COViD-19: gLOBAL PrOPAgATiON
THE GLOBAL SPREAD IS ACCELERATING
WITH MORE REPORTS OF LOCAL TRANSMISSION
>24,063,894 >828,560 213
<183 >166
Source: WHO and ECDC
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INTRODUCTION
As of August 26, 2020, the virus has spread to more than 213 countries, with over 24,063,894 reported cases and close
to 828,560 deaths.
The actual number of infected people is probably higher than the official total, as some mild and asymptomatic cases are
not likely to be tested and counted.
FIGURE 2 COVID-19 PROPAGATION: SELECT COUNTRIES
Limited Ongoing
Ongoing
Mature
PROPAGATION
Decline
US
Canada
Spain
France
UK
Germany
Italy China
Republic
of Korea
Japan
Iran
South
Africa
Mexico
India
125,969
5,955,728
568,621
86,152
63,121
3,252,725
13,816
237,572
248,158
30,544
327,798
261,174
35,445
423,224
28,924
363,363
613,017
13,308
No. of Positive
Cases
No. of Deaths
182,404
4,653
1,196
59,632
2,296
9,345
41,449
20,901
61,450
GLOBAL CONFIRMED CASES
24,063,894
TOTAL DEATHS
823,560
COUNTRIES AFFECTED
213
9,090
Source: WHO Coronavirus Disease 2019; data as of August 26, 2020
Disease progression patterns are similar in most countries, but flattening of the curve and disease containment are largely
dependent on various measures taken by each country. China and South Korea, for example, have managed to control the
spread of the disease by implementing severe countermeasures, such as restricting travel; imposing city-wide quarantines,
curfews, and lockdowns; building specialty hospitals; increasing medical aid; and ramping up testing. Most other countries
are trying to emulate these measures to contain the spread of the disease.
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INTRODUCTION
1.3 COVID-19 ECONOMIC ASSESSMENT
COVID-19 has not only affected the healthcare sector but also impacted the global economy. It has had a significant
economic impact on various financial as well as industrial sectors, such as energy, oil and gas, transportation and logistics,
manufacturing, and aviation. It is predicted that the world economy will go into recession due to the loss of trillions of
dollars. With the increasing number of countries imposing and extending lockdowns, economic activities are declining,
which would impact the global economy.
FIGURE 3 REVISED GROSS DOMESTIC PRODUCT FORECASTS FOR SELECT G20 COUNTRIES IN 2020
-8
-6
-4
-2
0
2
4
6
8
Australia
Brazil
Canada
China
France
Germany
India (2020/21 Fiscal Year)
Italy
Japan
South Korea
Mexico
UK
US
Global (Market Exchange Rates)
Real GDP Growth (% in 2020)
Previous Forecast (Before Outbreak) Real GDP Growth (% in 2020)
Source: The Economist Intelligent Unit
With the combined effects of the pandemic and the slump in global oil prices, investments are likely to contract sharply this
year, especially in the energy sector. Export growth is also expected to reduce drastically. A recovery is expected in the
second half of the year, provided there is no emergence of another wave of the pandemic, and countries manage to control
the spread quickly and resume normalcy.
China has managed to contain the spread and is currently on track to resume normalcy. It is likely to recover in the second
half of the year. However, the Eurozone, one of the hardest-hit regions, is expected to undergo a recession throughout
2020. Within the Eurozone, Germany, which is a manufacturing hub, would recover at a much slower pace than the other
countries. The US economy is also likely to see a slump, with unemployment set to rise; recovery will be slow and will only
be seen in the second half of the year.
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INTRODUCTION
1.3.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
Recovery from this crisis largely depends on various knowns and unknowns, which most countries will have to deal with
and respond to. The speed and strength of the economic recovery will depend on the health and economic responses as
well as the agility and speed of implementing various measures.
FIGURE 4 CRITERIA IMPACTING THE GLOBAL ECONOMY
EPIDEMIOLOGY/CONTAGION SPREAD
AND HEALTH RESPONSE ECONOMIC
RESPONSE
Screening/Scale of testing
Fatality rate
Hospitalization rate
Need for additional critical care facilities
Announcement of monetary policies
Announcement of fiscal policies
Multilateral response
Real number of positive cases
Period for current spread and increase in new
cases
Possibility of a second wave or relapse
Availability of a vaccine or drug
Impact of monetary and fiscal policies
Unemployment rate
Timing of ending lockdowns
Impact on consumer confidence and spending
Structural changes to the economy
(e.g., permanent shift to online retails, reduced
globalization, etc.)
KNOWNS
UNKNOWNS
In the recent past, the global economy became substantially more interconnected. The adverse consequences of various
steps related to containment are evident from global supply chain disruptions, weaker demand for imported products and
services, and the increase in the unemployment rate. Risk aversion has increased in the financial market, with all-time low-
interest rates and sharp declines in equity and commodity prices. Consumer and business confidence have also reduced
significantly.
This has magnified over time, and the spillover is seen in other countries as well. The latest forecasts by multiple sources
predict a four percent decrease in the global Gross Domestic Product (GDP) in 2020 and a slow recovery, making the
recession caused by this pandemic worse than the 2009 global recession. Based on these forecasts, the world economy
is expected to recover by 2021; but for some countries, including the US, Germany, and Italy, recovery is predicted to take
longer.
In this fast-changing environment, the full impact of the pandemic on the global economy may not entirely be known.
MarketsandMarkets uses three scenario-based approaches (epidemiology and health response as well as economic
response) to assess the economic impact and recovery period at the global level. Countries and regions are likely to have
different impacts and recovery periods.
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INTRODUCTION
FIGURE 5 SCENARIOS IN TERMS OF RECOVERY OF GLOBAL ECONOMY
FATALITY RATE
1.5–2%
HOSPITALIZATION RATE:
LESS THAN 15%
ADDITIONAL ICU BEDS AND LESS
THAN
2.5 -5%
ADDITIONAL VENTILATORS
15%
FATALITY RATE
2–3.5%
HOSPITALIZATION RATE:
15–20%
ADDITIONAL ICU BEDS AND
5%
ADDITIONAL VENTILATORS
15–20%
FATALITY RATE
MORE THAN 3.5%
HOSPITALIZATION RATE:
MORE THAN 20%
ADDITIONAL ICU BEDS AND
15%
ADDITIONAL VENTILATORS
25%
EPIDEMIOLOGY/CONTAGION SPREAD AND HEALTH RESPONSE
SCENARIO
OPTIMISTIC REALISTIC PESSIMISTIC
FISCAL STIMULUS TO THE TUNE
OF
USD 7.5–8
TRILLION GLOBALLY
EMERGENCY FUNDING TO
SUPPORT EFFORTS TO FIGHT
COVID-19 TO THE TUNE OF
USD 100
BILLION GLOBALLY
MULTILATERAL AGENCIES
FINANCING TO THE TUNE OF
USD 100
BILLION GLOBALLY
FISCAL STIMULUS TO THE TUNE
OF
USD 5–7.5
TRILLION GLOBALLY
EMERGENCY FUNDING TO
SUPPORT EFFORTS TO FIGHT
COVID-19 TO THE TUNE OF
USD 75–100
BILLION GLOBALLY
MULTILATERAL AGENCIES
FINANCING TO THE TUNE OF
USD 50–75
BILLION GLOBALLY
FISCAL STIMULUS TO THE TUNE OF LESS
THAN
USD 5
TRILLION GLOBALLY
EMERGENCY FUNDING TO SUPPORT
EFFORTS TO FIGHT COVID-19 TO THE
TUNE OF LESS THAN
USD 75
BILLION GLOBALLY
MULTILATERAL AGENCIES FINANCING
TO THE TUNE OF LESS THAN
USD 50
BILLION GLOBALLY
ECONOMIC RESPONSE
Milder recession in 2020 Q1
and Q2; stronger recovery in
2020 Q3 and after
US: Recovery by 2020 Q3
EU5: Recovery by 2020 Q3
China: Recovery by 2020 Q2
India: Recovery by 2020 Q3
Recession in 2020 Q1 and Q2;
partial bounce back in 2020
Q3, then slow growth
US: Recovery by 2020 Q4
EU5: Recovery by 2020 Q4
China: Recovery by 2020 Q2
India: Recovery by 2020 Q3
Deeper recession in 2020 Q1, Q2,
and Q3; modest rebound in 2020 Q4
US: Recovery by 2021 Q1
EU5: Recovery by 2021 Q1
China: Recovery by 2020 Q3
India: Recovery by 2020 Q4
RECOVERY SCENARIO
Source: UNCTAD, Moody’s, FAS, OECD, and MarketsandMarkets Analysis
With more than eight million confirmed cases of COVID-19, businesses are coping with lost revenues and disrupted supply
chains as factory shutdowns and quarantine measures are spreading across the globe, restricting movement and business
activities. The economic impact is mounting, and the top economies of the world are likely to enter a global recession.
To provide a perspective on various scenarios, we assume factors that would impact the economic recovery from the
global recession.
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INTRODUCTION
In a realistic scenario, we assume that possible health and economic responses will help economies bounce back partially
in 2020 Q3. In the first two quarters of 2020, countries will ramp up their testing capacities and critical healthcare services
as well as increase the availability of financial aid. This will help contain the spread of the virus. The economic recession
will last until the second quarter of 2020; slow recovery will be seen from the third quarter of 2020. This is likely to be a
“U-shaped” economic recovery, with gradual improvement in the economy.
In an optimistic scenario, the economy is likely to recover much faster and will continue from 2020 Q3. A quick return to
normalcy will be seen after the curve of infection flattens toward the end of the second quarter of 2020, due to timebound
and efficient measures, both health and economic. In this scenario, most of the economies will experience a mild recession,
and the growth would accelerate in 2021. This is likely to be a “V-shaped” economic recovery, with a strong and fast
improvement in the economy.
In a pessimistic scenario, we assume that all measures, both health and economic, would neither help control the spread
of the virus nor lead to economic recovery. Most economies would experience unprecedented economic losses, along with
social and political turmoil. In this scenario, most economies will face a recession till the third quarter of 2020, and modest
recovery will begin in 2020 Q4. This is likely to be an “L-shaped” economic recovery, with countries taking longer to return
to their pre-crisis levels.
To assess the impact of the COVID-19 and provide market forecasts, similar scenario-based approaches have been
considered in this report.
1.4 STUDY OBJECTIVES
To define, describe, and forecast the smart cities market based on smart transportation, smart building, smart utilities,
smart citizen services, and region
To provide detailed information regarding major factors (drivers, restraints, opportunities, and challenges) influencing
the market growth
To analyze the impact of COVID-19 on segments of the smart cities market
To analyze subsegments with respect to individual growth trends, prospects, and contributions to the total smart cities
market
To analyze the opportunities in the market for stakeholders and provide the competitive landscape of the market
To forecast the revenues of market segments with respect to all the major regions, such as North America, Europe, Asia
Pacific (APAC), Middle East and Africa (MEA), and Latin America
To profile the key players and comprehensively analyze their recent developments and positioning related to the smart
cities market
To analyze competitive developments, such as mergers and acquisitions, new product developments, and research
and development (R&D) activities, in the market
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INTRODUCTION
1.5 MARKET DEFINITION
A smart city refers to a city that efficiently deploys its Information and Communications Technology (ICT) infrastructure to
improve the quality of life, along with augmented efficiency in urban operations and services, thereby ensuring that the
needs of present and future generations for economic, social, and environmental aspects are met. An existing city can
be considered smart only if it adheres to the following components: smart transportation, smart buildings, smart utilities,
and smart citizen services. Therefore, for the market analysis, smart homes, energy management, building and industry
automation, smart transportation systems, water management systems, healthcare, and digital education systems were
the parameters considered.
1.5.1 INCLUSIONS AND EXCLUSIONS
Category Inclusion Exclusion
Smart Transportation
This report includes the revenue generated
by smart transportation solutions and service
providers in roadways, railways, and airways.
This study does not
include offerings in marine
transportation.
Services
Services associated with solutions, such as
deployment and integration, consulting, and
infrastructure monitoring and management
services, have been included in this report.
Managed services have not been
included in this report.
Hardware Only integrated hardware in solutions and
systems have been included in this report.
Standalone hardware such as
sensors, network cables, and
connectivity routers have not
been included in this report.
Source: MarketsandMarkets Analysis
1.6 MARKET SCOPE
This study provides an analysis of the global smart cities market since 2016, based on contemporary market trends and
developments, and its potential growth from 2016 to 2025. It provides detailed market trends, the competitive landscape,
market size, forecasts, and an analysis of the smart cities market.
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INTRODUCTION
1.6.1 MARKET SEGMENTATION
SMART CITIES: MARKET SEGMENTATION
By Mode
•Roadways
•Railways
•Airways
By Solution
•Smart Ticketing
•Traffic Management
•Passenger Information
System
•Connected Logistics
•Others
By Service
•Consulting
•Deployment and
Integration
•Infrastructure Monitoring
and Management
By Type
•Residential
•Commercial
By Solution
•Building Energy
Optimization
•Emergency Management
•Parking Management
System
•Others
By Service
•Consulting
•Deployment and
Integration
•Infrastructure Monitoring
and Management
By Type
•Energy/Power
•Gas
•Water
•Others
By Solution
•Advanced Metering
Infrastructure
•Distribution Management
System
•Substation Automation
•Others
By Service
•Consulting
•Deployment and
Integration
•Infrastructure Monitoring
and Management
BY SMART TRANSPORTATIONBY SMART BUILDING BY SMART UTILITIES
North America
Europe
APAC
Latin America
MEA
Smart Education
Smart Healthcare
Smart Public Safety
e-Governance
Smart Street Lighting
Smart Transportation
Smart Buildings
Smart Utilities
Smart Citizen Services
BY REGIONBY SMART CITIZEN SERVICESBY FOCUS AREA
Note: “Others” under By Solution in By Smart Transportation includes transport data management, GIS tracking, ride-sharing, and integrated mobility solutions.
“Others” under By Solution in By Smart Buildings includes in-building communication and infrastructure management systems.
“Others” under By Type in By Smart Utilities includes waste disposal and network lines.
“Others” under By Solution in By Smart Utilities includes asset management and GIS systems.
“Others” under By Solution in By Smart Citizen Services includes e-content, content authoring tools, and screen capturing tools.
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INTRODUCTION
1.6.2 REGIONS COVERED
US
Canada
NORTH AMERICA
UK
France
Germany
Rest of Europe
EUROPE
Brazil
Mexico
Rest of Latin
America
LATIN AMERICA
Middle East
Africa
MEA
China
South Korea
Japan
Rest of APAC
APAC
Note: “Rest of Europe” primarily includes other European Union (EU) and non-EU countries.
“Rest of APAC” mainly includes India, Australia, the Philippines, Malaysia, Singapore, Vietnam, and South Korea.
“Rest of Latin America” largely includes Chile, Argentina, and Colombia.
1.6.3 YEARS CONSIDERED
2016–2018
HISTORICAL YEARS
2019
BASE YEAR
2020
ESTIMATED YEAR
2021–2025
PROJECTED YEARS
Note: The forecast period is 2020–2025.
Source: MarketsandMarkets Analysis
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INTRODUCTION
1.7 CURRENCY
The currency used in the report is the United States Dollar (USD), with the market size indicated in USD billion/USD million.
For companies that reported their revenues in the USD, their revenue figures were sourced from their annual reports.
For companies that reported their revenues in other currencies, the average annual currency conversion factor was
used for that particular year to convert the value to USD.
1.8 STAKEHOLDERS
National/state governments
Municipal authorities
Real estate developers
Information Technology (IT) solution providers
Platform providers
System integrators
Telecom service providers
Networking solution providers
Utility companies
Transportation service providers
Independent Software Vendors (ISVs)
Network equipment providers
Communication Service Providers (CSPs)
1.9 SUMMARY OF CHANGES
This new version of the report entails the implications of COVID-19 on the growth of the smart cities market and how
vendors are changing their business models to cater to customer needs.
This new version of the report includes the analysis of market dynamics due to the COVID-19 outbreak and its impact
on the smart cities market.
This new version of the report provides information about the changes in the overall market revenue in the current and
post-COVID-19 era.
This new version of the report profiles more than 25 vendors that are operating in the market.
This new version of the report comprises a few additional segments, such as e-governance and connected logistics.
This new version of the report includes updated financial information and product portfolio of the players in the market
and their market developments.
This new version of the report encompasses the industry matrix on the smart cities market with a separate industry
evaluation matrix on startup companies.
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RESEARCH METHODOLOGY
2.1 RESEARCH DATA
This technical, market-oriented, and commercial study of the smart cities market involved the extensive use of secondary
sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva. Other market-related
sources, such as journals and white papers from industry associations, were also considered while conducting secondary
research. Primary sources were mainly industry experts from core and related industries, preferred system developers,
service providers, resellers, partners, and organizations related to the various segments of the industry’s value chain. In-
depth interviews were conducted with various primary respondents to obtain and verify critical qualitative and quantitative
information and assess the market’s prospects, which included key industry participants, subject-matter experts, C-level
executives of key market players, and industry consultants. The following figure highlights the market research methodology
applied in making the report:
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RESEARCH METHODOLOGY
FIGURE 6 SMART CITIES MARKET: RESEARCH DESIGN
HISTORICAL DATA
FOR SMART CITIES
MARKET
DRIVERS:
Rising need for public
safety and communication
infrastructure
Increasing number of
government initiatives and
PPP models for smart
cities
Mounting adoption of
connected and smart
technologies in smart city
initiatives
Optimizing energy
consumption during peak
hours
Growing citizen
empowerment and
engagement
NEW PRODUCT LAUNCHES: 31 new product launches during 2018 to 2020
MERGERS AND ACQUISITIONS: More than 20 mergers and acquisitions carried out during the
studied period
OPPORTUNITIES:
Increasing environmental
concerns and demand for
green initiatives
Developing economies and
booming IT sector to
promote smart cities’
growth
Rising demand for system
integrators to offer end-to-
end solutions
5G technology—key
enabler of smart city
developments
Using drones for
enforcement of
compliance during
pandemic
RESTRAINTS:
Privacy and security
concerns over IoT
Lack of standardized and
uniform technology
Lack of technological
advancements and poor
operational efficiency in
developing economies
CHALLENGES:
Unclear strategic goals
and lack of structural KPIs
Huge initial investments
Lack of awareness among
people
Disruption in logistics and
supply chain
INFLUENCING FACTORS
(Market Trends
and Dynamics)
EVOLUTION
REGULATORY
LANDSCAPE
SMART CITIES ECOSYSTEM
COMPETITIVE LANDSCAPE
GEOGRAPHIC TRENDS
MARKET SIZE
FORECAST
(2020–2025)
MARKET SIZE AND FORECAST :
By Focus Area
By Smart Transportation
By Smart Utilities
By Smart Buildings
By Smart Citizen Services
By Region
ARRIVE AT THE MARKET
SIZE, SHARE, AND CAGR
FOR THE SMART CITIES
MARKET
Source: MarketsandMarkets Analysis
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RESEARCH METHODOLOGY
2.1.1 SECONDARY DATA
In the secondary research process, various secondary sources were referred to for identifying and collecting information
for the study. The secondary sources included annual reports; press releases and investor presentations of companies;
and white papers, certified publications, and articles from recognized associations and government publishing sources.
Several journals and various associations were also referred to, such as the US Department of Transportation, SmartAmerica
Project, European Innovation Partnership on Smart Cities and Communities (EIP-SCC), European Business and Technology
Centre (ebtc), and Smart Cities Council India. Secondary research was mainly used to obtain key information about industry
insights, the market’s monetary chain, the overall pool of key players, market classification, and segmentation according
to industry trends to the bottom-most level, regional markets, and key developments from both market- and technology-
oriented perspectives.
THE FACTORS CONSIDERED FOR ESTIMATING THE REGIONAL-LEVEL MARKET SIZE ARE AS FOLLOWS:
Worldwide Gross Domestic Product (GDP) growth
Regional ICT spending
Government regulations and standards
Advanced technology adoption rate
Market analysis of major smart city solution providers
Recent market developments
Smart city projects
Urbanization rate
Regulations
2.1.2 PRIMARY DATA
In the primary research process, various primary sources from both the supply and demand sides were interviewed to
obtain qualitative and quantitative information for the report. The primary sources from the supply side included industry
experts such as Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice
Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various key
companies and organizations operating in the smart cities market. The primary sources from the demand side included
city administrative authorities, municipal corporations, Chief Information Officers (CIOs), and subject-matter experts from
government associations.
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RESEARCH METHODOLOGY
TABLE 1 PRIMARY INTERVIEWS
Companies Area of Expertise specic to the market
Nokia Solutions and Services
AT&T Solutions and Services
AIPARK Gmbh Parking Management
Persistent Systems Digital Transformation Services
Urbiotica Smart Cities Solutions
Trafi Mobility as a Service
Gaia Smart Cities Solutions for Traffic, Parking, and Emergency Response
Global Smart Cities Consulting and Strategy
Department of National Defense Canada End User
City of Seattle End User
CivicSmart Parking Innovation
2.1.2.1 BREAKUP OF PRIMARIES
35%
39%
26%
BY COMPANY TYPE
Tier 1 Tier 2 Tier 3
55%
40%
5%
BY DESIGNATION
C-Level Directors Others
30%
35%
25%
10%
BY REGION
North America Europe APAC RoW
Note: Tier 1 companies have revenues over USD 1 billion; tier 2 companies have revenues ranging from USD 500 million to USD 1 billion, and tier 3 companies have revenues ranging from USD 100 million to
USD 500 million.
“Others” includes senior managers and independent consultants.
“RoW” includes MEA and Latin America.
Source: Industry Experts
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RESEARCH METHODOLOGY
2.1.2.2 KEY INDUSTRY INSIGHTS
“
The world of mobility is going through its most profound transformation since the invention of the
automobile more than 100 years ago. The convergence of the
traditional machine-based mobility industry with the newest digital innovations is defining the second
machine age—an era of intelligent machine systems.
-Sigrid Dalberg-Krajewski,
Global Head of Communications, Trafi
We are seeing explosive growth in the demand for smart city solutions, but cities and vendors are still
searching for those with a proven and meaningful return on investment. Smart parking is ideally suited to
help cities embark on their smart city journeys
because it is available today, proven, and generates the much-needed funds to
reinvest in other initiatives.
-Mike Nickolaus,
President and CEO, CivicSmart
The smart city market is in a consolidation phase. We have moved from concepts
and ideas to the implementation of solutions that efficiently help city managers
to manage cities in a more efficient way while providing better services for citizens.
-Marc Boher,
Chief Commercial Officer, Urbiotica
COVID-19 has thrown in sharp relief the need to create safe, healthy, and responsive cities, with greater
emphasis on effective delivery of government services to citizens. This has created an opportunity to enhance
and develop existing smart infrastructure and urban development projects implemented through Smart Cities
Mission, AMRUT, HRIDAY, and other similar programs. The next phase of this process is expected to be
characterized by the development of technology solutions to enable hyper-local doorstep delivery of
government services. Furthermore, the successful implementation of smart city projects in select cities and the
ability of those cities to repurpose and utilize smart city solutions in the fight against COVID-19 has created an
impetus for other cities to fast-track their own smart city projects
Alisher A. Khassanov,
Industrial Engineer Airalab
“
Source: Industry Experts
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RESEARCH METHODOLOGY
2.2 MARKET BREAKUP AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
INTERVIEWS WITH:
DEMAND SIDE
INTERVIEWS WITH:
SUPPLY SIDE
SECONDARY SOURCESPRIMARY SOURCES
Chief Information Officers
Smart Cities Technicians
and Technologists
Purchase Managers in
Smart Cities Technology
Provider Organizations
CEOs
VPs
Marketing Directors
Technology and Innovation
Directors and Related Key
Executives from Various
Key Companies and
Organizations Operating in
the smart city platforms
market
MnM KNOW*
PRIMARY
SOURCE
SECONDARY
SOURCE
DATA
TRIANGULATION
INFORMATION SOURCED
FACTORS AFFECTING THE GROWTH OF THE MARKET
Recent Developments Regulations
Tier1 Vendors’
Contribution
R&D Expenditure
Technology
Maturity
Smart City Adoption
Startup
Ecosystem/Funding
Urbanization Growth
COVID-19 Impact
*MnM KNOW stands for MarketsandMarkets’ ‘Knowledge Asset Management’ framework. In this context, it stands for the existing
market research knowledge repository of over 5,000 granular markets, our flagship competitive intelligence, market research
platform Knowledge Store, subject-matter experts, and independent consultants.MnM KNOW acts as an independent source that
helps us validate information gathered from primary and secondary sources.MarketsandMarkets reports, such as the IoT in smart
cities, smart transportation, and smart building market have been referred to for making this report.
NORTH AMERICA:
US Department of Transportation
Smart America Project
OpenNorth
IEEE Communications Society
EUROPE:
European Innovation Partnership on
Smart Cities and Communities (EIP-
SCC)
European Business and Technology
Centre (ebtc)
Multidisciplinary Digital Publishing
Institute (MDPI)
ASIA PACIFIC:
Indian Ministry of Housing and
Urban Affairs
Smart Cities Council India
Smart City Institute Japan
Australian Government —
Department of Infrastructure,
Transport, Regional Development
and Communications
Smart City Spending
Source: MarketsandMarkets Analysis
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RESEARCH METHODOLOGY
2.3 MARKET SIZE ESTIMATION
Multiple approaches were adopted to estimate and forecast the market size of the smart cities market. The research
methodology has been used to estimate the market size, including the key players in the market identified through
secondary research and their revenue contribution in the respective regions determined through primary and secondary
research. Annual and financial reports of top market players have been perused in combination with conducting extensive
interviews of industry leaders, such as CEOs, VPs, directors, and marketing executives of leading companies for key
insights. All percentage splits and breakdowns have been determined using secondary sources and verified through
primary sources. All possible parameters that affect the market covered in this research study have been accounted for,
viewed in extensive detail, verified through primary research, and analyzed to arrive at the final quantitative and qualitative
data. This data has been consolidated and enhanced with detailed inputs and analysis from MarketsandMarkets.
The first approach involves the estimation of the market size by summing up the revenues generated by companies
through the sale of smart cities and services.
FIGURE 8 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE OF
PLATFORMS AND SERVICES OF SMART CITIES MARKET
AB
XX-XX% XX-XX%
IDENTIFICATION OF KEY COMPANY* OFFERINGS IN THE SMART CITIES MARKET
Solution Vendors:
IBM
Siemens
Cisco
Microsoft
Hitachi
.
.
.
.
.
Company n
Total Revenue
Revenue of BUs of companies
offering smart city solutions
Revenue of companies from the sale
of smart city solutions in
transportation, utilities, buildings,
and citizen services
Services Vendors:
Oracle
SAP
Google
Alibaba Cloud
Sierra Wireless
.
.
.
.
.
Company N
Total Revenue
Revenue of BUs of companies
offering smart city services
Revenue of companies from services
associated with smart transportation,
utilities, buildings, and citizen
services
Insights derived through primaries
Validated through primaries
MARKET SIZE OF SMART CITIES
MARKET
Note: The list of vendors is not exhaustive—we have considered all the vendors that provide smart cities solutions and services to the end user while computing the global market size.
Key companies contribute ~60–65% of the overall smart cities market.
Source: MarketsandMarkets Analysis
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RESEARCH METHODOLOGY
FIGURE 9 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1: BOTTOM-UP (SUPPLY SIDE):
COLLECTIVE REVENUE OF FOCUS AREAS OF SMART CITIES MARKET
Company n
REVENUE OF THE KEY
COMPANIES FROM SMART
TRANSPORTATION Company nWabtecHitachiAlstomSiemens ..............
REVENUE OF THE KEY
COMPANIES FROM SMART
BUILDINGS
MARKET SIZE OF SMART CITIES MARKET
Intel
Johnson
Controls
SiemensHoneywell ..............
Company n
REVENUE OF THE KEY
COMPANIES FROM SMART
UTILITIES Company nLandis+GyrABBItron
Schneider
Electric ..............
REVENUE OF THE KEY
COMPANIES FROM SMART
CITIZEN SERVICES OracleIBMMicrosoft
GE
Healthcare ..............
Source: MarketsandMarkets Analysis
In this approach for market estimation, we identified the key companies offering solutions and services for smart
transportation, smart utilities, smart buildings, and smart citizen services, such as IBM, Microsoft, Siemens, Hitachi,
Schneider Electric, and Cisco, contributing almost 60–65% to the global smart cities market. After confirming these
companies through primary interviews with industry experts, we estimated their total revenue through annual reports,
Securities and Exchange Commission (SEC) filings, and paid databases. The revenues of these companies from Business
Units (BUs) that offer smart cities were identified through similar sources. Then, through primaries, data on the revenues
generated through specific smart cities and services were collected.
The collective revenue of the key companies offering smart cities and services has been estimated to be 60–65% of the
market, which has been confirmed through primary interviews with industry experts. With the assumption that the rest of the
market is contributed by smaller players (part of the unorganized market), the market size of organized players (60–65%)
and unorganized players (35–40%) collectively has been assumed to be the market size of the global smart cities market
for FY 2020.
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RESEARCH METHODOLOGY
FIGURE 10 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2: (DEMAND SIDE): SMART CITIES
MARKET
Infrastructure Technology
Smart
Transportation
Market Share
~XX-XX%
SMART CITIES MARKET SIZE = USD XX BILLION
Smart
Buildings Smart Utilities
Smart Education Smart Healthcare Public Safety
Smart Citizen
Services
E-Governance
Technology
solutions
Consulting, integration and
deployment , and infrastructure
monitoring services
North America Europe APAC MEA Latin America
GLOBAL SMART CITY SPENDING –(2020) MARKET SIZE ~USD XX TRILLION
Source: MarketsandMarkets Analysis
In this approach, the overall smart city spending was identified, which further has been categorized in terms of infrastructure
and technology spending. In addition, an exhaustive list of countries contributing to ~90% of the global gross domestic
product (GDP) has been prepared. These countries were further grouped according to their geographical locations in
different regions. After the identification of smart city technology spending and adoption in these countries, regional
adoption of technologies was identified. For all the listed countries, the overall ICT spending on smart cities has been
identified using government and association databases such as the US Department of Transportation, SmartAmerica
Project, EIP-SCC, ebtc, and Smart Cities Council India. Technology spending was further categorized in broad focus
areas such as smart transportation, smart building, smart utilities, and smart citizen services. After arriving at the overall
technology spending for smart cities, the share of spending on smart cities solutions and services was ascertained. These
spending areas have been coupled to arrive at the overall smart cities market size.
2.4 MARKET FORECAST
For the forecast period, the analysis of factors with a direct or indirect impact on the market was undertaken to estimate
the overall market trends. Each factor was analyzed on a scale of 1–3 (where 1 is low and 3 is high). After analyzing each
factor and its impact on the market, various forecasting techniques were used to arrive at the market size.
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RESEARCH METHODOLOGY
TABLE 2 FACTOR ANALYSIS
FACTOR INFERENCE IMPACT
Recent
Developments
Smart city projects are mainly driven by partnerships and collaborations.
A large number of players act as system integrators to club multiple
technologies and offer applications to end users. Smart citizen services,
followed by smart transportation, recorded a majority of the developments in
the global smart cities market.
Medium
Regulations
Regulations have a direct or indirect impact on the smart cities market.
Telecom operators have witnessed stringent regulations from government
authorities. According to primary respondents, Europe and MEA have strict
regulations in the smart city ecosystem compared to other regions.
Medium
R&D
Expenditure
R&D expenditure by the top players during the last 3 years. The overall R&D
expense for the major vendors is approximately 13%, 14%, and 15% for
2016, 2017, and 2018, respectively. The share of R&D in the smart cities
market is assumed to be between 2% and 5% of the actual revenue. With the
emergence of new technologies, such as blockchain, IoT, and 5G, key vendors
are expected to invest large capital in R&D activities.
Medium
Smart City
Adoption
The smart city initiative has been growing across the world. In terms of smart
city projects, smart citizen services are leading the way, followed by smart
transportation and smart utilities across North America and Europe over the
last few years. The smart citizen services segment has a major share in APAC
with the gradual adoption of smart transportation and smart utilities projects.
Latin America and MEA have fewer smart projects compared to North
America and Europe. However, Latin America and MEA have sizeable
opportunities in terms of the adoption of smart citizen services and smart
transportation.
Medium
Urbanization
Growth
The urbanization rate affects the market for smart cities to a great extent, as
the majority of developments are expected to take place specifically in urban
townships, owing to the technology acceptance by developed as well as
developing economies.
In 2018, 55% of the world population lived in urban areas, and this is
expected to reach 68% by 2050, according to the United Nations Department
of Economic and Social Affairs (UN DESA). Owing to the slow economic
development and uncertain geopolitical conditions, countries from APAC and
sub-Saharan Africa have relatively slow growth in urbanization.
Medium
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RESEARCH METHODOLOGY
Tier 1
Vendors’
Contribution
Tier 1 vendors are major technology enablers and platform providers for
smart city projects. Hence, this factor carries a high level of weightage.
Depending upon the importance of the project, Tier 1 players tend to
participate in the ecosystem.
Medium
Smart City
Spending
Government organizations have invested heavily in IT infrastructure over
the last few years. A majority of the countries across North America, APAC,
and Europe have been investing millions of USD in smart city solutions, with
APAC leading smart city investments, followed by Europe and North America.
Medium
COVID-19
Impact
The outbreak of COVID-19 has significantly impacted operations in a few of
the key sectors such as manufacturing, logistics, hospitality, transportation,
healthcare, and retail, and moderately impacted a few sectors including IT
and telecom, energy and utilities, government, education, and BFSI. Hence,
the impact of COVID-19 on the smart cities market has been moderate across
global sectors.
Medium
Technology
Maturity
In the technology maturity cycle, the smart cities market has been in a
growing phase and is expected to continue on an upward trend. The adoption
of IoT, AI, and cloud would boost the smart cities market in the upcoming
years.
Medium
Startup
Ecosystem/
Funding
The startup ecosystem plays a vital role in the global smart cities market,
where there are numerous startup vendors. These vendors are key actors in
the implementation of smart city projects.
Low
Source: World Bank, UN DESA, Smart America, Ministry Of Housing And Urban Affairs, Government Of India, European Commission, ITU, Press Releases, White Papers, Smart City Government Website,
Blogs, News Portal, Smart City Expo’s, Smart City Conferences, Primary Research, Secondary Analysis, and MarketsandMarkets Analysis
Smart CitieS market - Global ForeCaSt to 2025
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RESEARCH METHODOLOGY
2.5 RESEARCH ASSUMPTIONS AND LIMITATIONS
2.5.1 STUDY ASSUMPTIONS
The following global economic assumptions have been considered to complete the overall market engineering of the smart
cities market:
Factor Assumption Impact
Economy
A negative trend in the
global economy is expected
to continue until 2020 Q3.
In 2019, the global GDP
reached 3%, substantially
lower than 3.6% in 2018.
A negative economic impact is expected to continue due to
a decline in spending in the purview of COVID-19. There are
preliminary signs of a decline in manufacturing and other core
sectors. The projected recovery for global growth remains
uncertain.
The global economy is projected to grow from 2.9% in 2019 to
3.3% in 2020 and 3.4% by 2021, a downward revision of 0.1
% for 2019 and 2020, and 0.2% for 2021 compared to World
Economic Outlook projections in October 2019.
However, MarketsandMarkets expects a further decline in the
market size due to the major impact of COVID-19 on most
verticals.
Exchange
Rates
MarketsandMarkets
assumes that dollar
fluctuations would not be
severe enough to affect the
forecast significantly.
A fall in the dollar value is expected to create revenue growth
opportunities for US multinational companies, whereas the
dollar value is expected to stabilize the price of imports and
exports.
Financial
Statistics
MarketsandMarkets extracts
all revenues and financial
insights from companies’
websites or annual reports.
This ensures the authenticity of the financials mentioned in the
reports.
Software
Software spending has
boomed over the last 2
years, and organizations
are increasingly investing
in adopting software
services to achieve digital
transformation.
Software spending is expected to drive spending on hardware,
IT, and business services.
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RESEARCH METHODOLOGY
Explosion of
Data
More users with more
devices are using smart
cities that connect, share,
process, store, and analyze
data, which is expected
to contribute to big data
collectively.
Predictive analytics might prove critical in the future. The
universal demand for data from consumers and enterprises is
expected to continue to exceed the capacity of networks.
COVID-19
Impact
The market is expected
to witness a slight dip in
2020 due to COVID-19.
Its recovery is expected to
begin in 2021.
The outbreak of COVID-19 has moderately impacted the growth
of the global market.
Source: IMF, WEO Update: October 2019 and January 2020, and MarketsandMarkets Analysis
2.5.2 STUDY LIMITATIONS
The following limitations were taken into consideration to complete the overall market engineering of the smart cities market:
The scope of the market is limited to only solutions and integrated systems, excluding
the hardware components.
The study provides estimated market sizes with a holistic approach toward all smart city
segments.
SCOPE-
RELATED LIMITATIONS
METHODOLOGY-
RELATED LIMITATIONS
The report mainly focuses on the offerings of the major smart cities solution and service
vendors in the market. The market size estimation is based on the approximation of the market
share of these vendors along with corresponding investments by various government entities in
the market.
We have used secondary and primary sources while considering revenue for private companies.
The impact of COVID-19 has been considered. This may have partial impact on the growth of
the smart cities market.
The report is focused on a B2B business model; the B2C model has not been considered.
The size of the overall market has been arrived at using a holistic and systematic approach.
Source: MarketsandMarkets Analysis
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TABLE OF CONTENTS
1 INTRODUCTION (PAGE NO. 30)
1.1 Introduction to COVID-19
1.2 COVID-19 Health Assessment
1.3 COVID-19 Economic Assessment
1.3.1 COVID-19 Economic Impact—Scenario Assessment
1.4 Study Objectives
1.5 Market Definition
1.5.1 inclusions and Exclusions
1.6 Market Scope
1.6.1 Market Segmentation
1.6.2 Regions Covered
1.6.3 Years Considered
1.7 Currency
1.8 Stakeholders
1.9 Summary of Changes
2 RESEARCH METHODOLOGY (PAGE NO. 40)
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key industry insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Research Assumptions and Limitations
2.5.1 Study Assumptions
2.5.2 Study Limitations
3 EXECUTIVE SUMMARY (PAGE NO. 52)
4 PREMIUM INSIGHTS (PAGE NO. 60)
4.1 Attractive Market Opportunities in Global Smart Cities Market
4.2 Smart Cities Market, By Region, 2020
4.3 Asia Pacific: Smart Cities Market, By Smart Transportation
Type and Service
4.4 Asia Pacific: Smart Cities Market, By Smart Buildings Type
and Service
4.5 Market investment Scenario
5 MARKET OVERVIEW AND INDUSTRY TRENDS
(PAGE NO. 63)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Need for Public Safety and
Communication infrastructure
5.2.1.2 increasing Number of Government
initiatives and Ppp Models for Smart
Cities
5.2.1.3 Mounting Adoption of Connected and
Smart Technologies in Smart City
initiatives
5.2.1.4 Optimizing Energy Consumption During
Peak Hours
5.2.1.5 Growing Citizen Empowerment and
Engagement
5.2.2 Restraints
5.2.2.1 Privacy and Security Concerns Over IOT
5.2.2.2 Lack of Standardized and Uniform
Technology
5.2.2.3 Lack of Technological Advancements and
Poor Operational Efficiency in Developing
Economies
5.2.3 Opportunities
5.2.3.1 increasing Environmental Concerns and
Demand for Green initiatives
5.2.3.2 Developing Economies and Booming It
Sector to Promote Smart Cities’ Growth
5.2.3.3 5G Technology—Key Enabler of Smart
City Developments
5.2.3.4 Using Drones for Enforcement of
Compliance During Pandemic
5.2.3.5 Rising Demand for System integrators to
offer End-to-End Solutions
5.2.4 Challenges
5.2.4.1 Unclear Strategic Goals and Lack of
Structural Kpis
5.2.4.2 Huge initial investments
5.2.4.3 Lack of Awareness Among People
5.2.4.4 Disruption in Logistics and Supply Chain
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TABLE OF CONTENTS
5.3 Value Chain Analysis
5.4 Technology Analysis
5.5 Smart City initiatives and investments
5.6 Use Cases
5.6.1 Government
5.6.1.1 Cisco Kinetic: Wi-Fi Paves Way for IOT
Platform to Make Governments More
Efficient
5.6.1.2 Huawei: Digital Platform Facilitates
Transformation
5.6.1.3 Ibm: Building Citizen-Focused Public
Services in Jakarta
5.6.2 It and Ites
5.6.2.1 Huawei: Built Smart City Network
(inspired By Nervous System) in Rivas-
Vaciamadrid
5.6.3 Utilities
5.6.3.1 Compology: Start-Up Working on
Municipal Service Management in
Boston and Baltimore
5.6.4 Education
5.6.4.1 Hitachi: Curtin’s Smart City Campus
5.7 Ecosystem Analysis
5.7.1 Smart Transportation
5.7.2 Smart Buildings
5.7.3 Smart Utilities
5.7.4 Smart Citizen Services
5.8 COVID-19 Market Outlook for Smart City Networks
5.8.1 Cumulative Growth Analysis
6 SMART TRANSPORTATION MARKET (PAGE NO. 80)
6.1 Introduction
6.2 Type
6.2.1 Type: Smart Transportation Market Drivers
6.2.2 Type: Impact of COVID-19 on Smart Transportation
Market
6.2.3 Roadways
6.2.4 Railways
6.2.5 Airways
6.3 Solutions
6.3.1 Solutions: Smart Transportation Market Drivers
6.3.2 Solutions: Impact of COVID-19 on Smart
Transportation Market
6.3.3 Smart Ticketing
6.3.4 Traffic Management System
6.3.4.1 Parking Management
6.3.4.2 Traffic Surveillance
6.3.5 Passenger information System
6.3.6 Connected Logistics
6.3.7 Others
6.4 Services
6.4.1 Services: Smart Transportation Market Drivers
6.4.2 Services: Impact of COVID-19 on Smart
Transportation Market
6.4.3 Consulting
6.4.4 Deployment and integration
6.4.5 infrastructure Monitoring and Management
7 SMART BUILDINGS MARKET (PAGE NO. 97)
7.1 Introduction
7.2 Type
7.2.1 Type: Smart Buildings Market Drivers
7.2.2 Type: Impact of COVID-19 on Smart Buildings
Market
7.2.3 Residential
7.2.4 Commercial
7.3 Solutions
7.3.1 Solutions: Smart Buildings Market Drivers
7.3.2 Solutions: Impact of COVID-19 on Smart Buildings
Market
7.3.3 Building Energy Optimization
7.3.3.1 HVAC Control
7.3.3.2 Lighting Management
7.3.3.3 Energy information Management
7.3.4 Emergency Management
7.3.4.1 Video Surveillance
7.3.4.2 Fire Protection
7.3.4.3 Environmental Control
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TABLE OF CONTENTS
7.3.4.4 Access Control System
7.3.5 Parking Management System
7.3.6 Others
7.4 Services
7.4.1 Services: Smart Buildings Market Drivers
7.4.2 Services: Impact of COVID-19 on Smart Buildings
Market
7.4.3 Consulting
7.4.4 Deployment and integration
7.4.5 infrastructure Monitoring and Management
8 SMART UTILITIES MARKET (PAGE NO. 109)
8.1 Introduction
8.2 Type
8.2.1 Type: Smart Utilities Market Drivers
8.2.2 Type: Impact of COVID-19 on Smart Utilities Market
8.2.3 Energy
8.2.4 Gas
8.2.5 Water
8.2.6 Others
8.3 Solutions
8.3.1 Solutions: Smart Utilities Market Drivers
8.3.2 Solutions: Impact of COVID-19 on Smart Utilities
Market
8.3.3 Advanced Metering infrastructure
8.3.3.1 Meter Data Management
8.3.3.2 Meter Data Analytics
8.3.3.3 Smart Meters
8.3.4 Distribution Management System
8.3.5 Substation Automation
8.3.6 Others
8.4 Services
8.4.1 Services: Smart Utilities Market Drivers
8.4.2 Services: Impact of COVID-19 on Smart Utilities
Market
8.4.3 Consulting
8.4.4 Deployment and integration
8.4.5 infrastructure Monitoring and Management
9 SMART CITIZEN SERVICES MARKET (PAGE NO. 124)
9.1 Introduction
9.2 Smart Education
9.2.1 Smart Education: Smart Citizen Services Market
Drivers
9.2.2 Smart Education: Impact of COVID-19
9.3 Smart Healthcare
9.3.1 Smart Healthcare: Smart Citizen Services Market
Drivers
9.3.2 Smart Healthcare: Impact of COVID-19
9.4 Smart Public Safety
9.4.1 Smart Public Safety: Smart Citizen Services Market
Drivers
9.4.2 Smart Public Safety: Impact of COVID-19
9.5 Smart Street Lighting
9.5.1 Smart Street Lighting: Smart Citizen Services Market
Drivers
9.5.2 Smart Street Lighting: Impact of COVID-19
9.6 E-Governance
9.6.1 E-Governance: Smart Citizen Services Market
Drivers
9.6.2 E-Governance: Impact of COVID-19
10 SMART CITIES MARKET, BY REGION (PAGE NO. 133)
10.1 introduction
10.2 North America
10.2.1 North America: Smart Cities Market Drivers
10.2.2 North America: COVID-19 Market Scenario
10.2.3 US
10.2.3.1 US: Regulatory Norms
10.2.4 Canada
10.2.4.1 Canada: Regulatory Norms
10.3 Europe
10.3.1 Europe: Market Drivers
10.3.2 Europe: COVID-19 Market Scenario
10.3.3 UK
10.3.3.1 UK: Regulatory Norms
10.3.4 Germany
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TABLE OF CONTENTS
10.3.4.1 Germany: Regulatory Norms
10.3.5 France
10.3.5.1 France: Regulatory Norms
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Asia Pacific: Market Drivers
10.4.2 Asia Pacific: Post-COVID-19 Market Scenario
10.4.3 China
10.4.3.1 China: Regulatory Norms
10.4.4 Japan
10.4.4.1 Japan: Regulatory Norms
10.4.5 South Korea
10.4.5.1 South Korea: Regulatory Norms
10.4.6 Rest of Asia Pacific
10.5 Middle East and Africa
10.5.1 Middle East and Africa: Market Drivers
10.5.2 Middle East and Africa: Post-COVID-19 Market
Scenario
10.5.3 Middle East
10.5.3.1 Middle East: Regulatory Norms
10.5.4 Africa
10.5.4.1 Mea: Regulatory Norms
10.6 Latin America
10.6.1 Latin America: Market Drivers
10.6.2 Latin America: Post-COVID-19 Scenario
10.6.3 Brazil
10.6.3.1 Brazil: Regulatory Norms
10.6.4 Mexico
10.6.4.1 Mexico: Regulatory Norms
10.6.5 Rest of Latin America
11 COMPETITIVE LANDSCAPE (PAGE NO. 200)
11.1 Overview
11.2 Market Evaluation Framework
11.3 Key Market Developments
11.3.1 New Product Launches and Product Enhancements
11.3.2 Business Expansions
11.3.3 Partnerships, Agreements, and Collaborations
11.3.4 Mergers and Acquisitions
11.4 Revenue Analysis of top Market Players
11.5 Historical Revenue Analysis
11.6 Company Evaluation Matrix Overview
11.7 Company Evaluation Matrix Methodology and Definitions
11.7.1 Star
11.7.2 Emerging Leaders
11.7.3 Pervasive
11.7.4 Participant
11.8 Company Evaluation Matrix, 2020
11.9 Market Ranking
11.10 Startup/Sme Evaluation Matrix Methodology and Definitions
11.10.1 Progressive Companies
11.10.2 Responsive Companies
11.10.3 Dynamic Companies
11.10.4 Starting Blocks
11.11 Startup/Sme Evaluation Matrix, 2020
12 COMPANY PROFILES (PAGE NO. 211)
12.1 Introduction
(Business Overview, Solutions & Services, Key insights, Recent Developments, Swot
Analysis, Mnm View)*
12.2 CISCO
12.3 IBM
12.4 SIEMENS
12.5 HITACHI
12.6 MICROSOFT
12.7 SCHNEIDER ELECTRIC
12.8 HUAWEI
12.9 INTEL
12.10 AWS
12.11 NEC
12.12 GE
12.13 ORACLE
12.14 SAP
12.15 FUJITSU
12.16 HONEYWELL
12.17 GOOGLE
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TABLE OF CONTENTS
12.18 ALIBABA
12.19 ERICSSON
12.20 AT&T
12.21 NOKIA
12.22 VODAFONE
12.23 ITRON
12.24 VERIZON
12.25 TCS
12.26 ACCENTURE
12.27 ABB
*Details on Business Overview, Solutions & Services, Key insights, Recent Developments,
Swot Analysis, Mnm View Might Not Be Captured in Case of Unlisted Companies.
13 APPENDIX (PAGE NO. 262)
13.1 Adjacent/Related Market
13.1.1 IOT in Smart Cities Market – Global forecast to 2025
13.1.1.1 Market Definition
13.1.1.2 Market Overview
13.1.1.3 IOT in Smart Cities Market, By offering
13.1.1.4 IOT in Smart Cities Market, By Solution
13.1.1.5 IOT in Smart Cities Market, By Service
13.1.1.6 IOT in Smart Cities Market, By
Application
13.1.1.7 IOT in Smart Cities Market, By Region
13.1.2 Smart Building Market – Global forecast to 2024
13.1.2.1 Market Definition
13.1.2.2 Market Overview
13.1.2.3 Smart Building Market, By Component
13.1.2.4 Smart Building Market, By Solution
13.1.2.5 Smart Building Market, By Service
13.1.2.6 Smart Building Market, By Building Type
13.1.2.7 Smart Building Market, By Region
13.1.3 Smart Transportation Market – Global forecast to
2025
13.1.3.1 Market Definition
13.1.3.2 Market Overview
13.1.3.3 Smart Transportation Market, By
Component
13.1.3.4 Smart Transportation Market, By
Roadway
13.1.3.5 Smart Transportation Market, By Railway
13.1.3.6 Smart Transportation Market, By Airway
13.1.3.7 Smart Transportation Market, By
Maritime
13.1.3.8 Smart Transportation Market, By Region
13.1.4 IOT in Healthcare Market – Global forecast to 2025
13.1.4.1 Market Definition
13.1.4.2 Market Overview
13.1.4.3 IOT in Healthcare Market, By Component
13.1.4.4 IOT in Healthcare Market, By Application
13.1.4.5 IOT in Healthcare Market, By End User
13.1.4.6 IOT in Healthcare Market, By Region
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details
TABLES INCLUDED - 263 | FIGURES INCLUDED - 68
(For complete list of tables and figures, pl see Appendix of
this Report Brochure)
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APPENDIX
APPENDIX
SAMPLE PAGES
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SMART CITIES MARKET - GLOBAL FORECAST TO 2025
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1 EXECUTIVE SUMMARY
FIGURE 1 SMART CITIES GROWTH TREND
Source: MarketsandMarkets Analysis
North America and Europe are among the highest adopters of smart city solutions and services. Early
adoption of technology, technological readiness, and large scale investments have helped the regions in
multiple smart city initiatives. APAC and MEA are expected to record the highest growth rates in the smart
cities market, due to strong growth in the smart transportation and smart buildings segments. According to
XX% of our primary respondents from the transportation and building sectors, the regions are expected to
advance greatly in the coming years, possessing similar growth prospects.
XX%
CAGR
(2020–2025)
USD XX Billion
Market size (2025)
APAC
Fastest-growing
region worldwide
XX%
Share contributed by
North America (2020)
DRIVING FACTORS FOR GROWTH IN THE SMART CITY MARKET
Growing need for public safety and communication infrastructure
Increasing number of government initiatives and PPP models for smart cities
Growing adoption of connected and smart technologies in smart city initiatives
GLOBAL SMART CITIES
XX%
XX%
XX%
XX%
XX%
XX%
XX
XX
XX
XX
XX
XX
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Market Size Y-o-Y
Market Size (USD Billion)
Y-o-Y %
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FIGURE 2 ASIA PACIFIC TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
North
America
Latin
America
MEA
Europe
XX%
XX%
XX%
XX%
APAC
<XX% CAGR XX-XX% CAGR >XX% CAGRCAGR (2020—2025)
XX%
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2 PREMIUM INSIGHTS
2.1 ATTRACTIVE MARKET OPPORTUNITIES IN
GLOBAL SMART CITIES MARKET
FIGURE 3 GROWING ADOPTION OF SMART TECHNOLOGIES TO DRIVE GROWTH OF SMART
CITIES MARKET
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
2.2 SMART CITIES MARKET, BY REGION, 2020
FIGURE 4 NORTH AMERICA TO HOLD HIGHEST MARKET SHARE IN 2020
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
The global smart city market is expected to grow from
USD 410.8 billion in 2020 to USD 820.7 billion by 2025,
at a CAGR of 14.8%.
Factors such as the need for public
safety and communication
infrastructure and increased adoption
rates of advanced technologies are
driving the smart city market.
.
.
Emerging economies
across APAC are expected
to offer new market
opportunities to vendors in
the smart city market.
Acquisitions and product
launches are expected to
offer lucrative opportunities
for market players in the
next 5 years.
USD BILLION
410.8
CAGR
14.8%
of
2020-e 820.7 USD BILLION
2025-p
Increased environmental concerns,
growing demand for advanced
technologies such as IoT and 5G, and
developing economies are generating
a number of opportunities.
The market growth in APAC
can be attributed to increasing
technology investments and
ongoing smart city projects in
the region.
APAC
XX
XX
XX
XX
XX
XX
XX
North America Europe APAC MEA Latin America
Market Size (USD Billion)
2020
2025
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3 MARKET OVERVIEW AND INDUSTRY TRENDS
3.1 MARKET DYNAMICS
Smart city models have spurred tremendous development opportunities for technology vendors and
various associated service providers. With increasing government initiatives and environmental campaigns
taking center stage, technology providers and consultants have aggressively started simulating innovative
solutions based on conceptual modules for urban infrastructure design and development. Expanding urban
agglomerations and predictions for a rapid increase in urban population over the next decade have further
enunciated the need for adequate agile technological infrastructures and solutions that efficiently cater to
the needs of residents.
However, factors such as the lack of proper connectivity, existing complex infrastructural setting in existing
megacities, unavailability of proper demographic information, absence of clarity in terms of available
infrastructure integrators for niche technology vendors, and limited awareness and know-how among
residents about the implications of technological implementations have posed major challenges for smart
city projects globally. The major dynamics of the market are further illustrated below.
FIGURE 5 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:
SMART CITIES MARKET
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
Rising need for public safety and communication infrastructure
Increasing number of government initiatives and PPP models for smart cities
Mounting adoption of connected and smart technologies in smart city initiatives
Optimizing energy consumption during peak hours
Growing citizen empowerment and engagement
DRIVERS
Privacy and security concerns over IoT
Lack of standardized and uniform technology
Lack of technological advancements and poor operational efficiency in developing
economies
RESTRAINTS
Increasing environmental concerns and demand for green initiatives
Developing economies and booming IT sector to promote smart cities’ growth
Rising demand for system integrators to offer end-to-end solutions
5G technology—key enabler of smart city developments
Using drones for enforcement of compliance during pandemic
OPPORTUNITIES
Unclear strategic goals and lack of structural KPIs
Huge initial investments
Lack of awareness among people
Disruption in logistics and supply chain
CHALLENGES
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3.2 VALUE CHAIN ANALYSIS
The complete value chain of the smart cities market flows from smart solution providers’ various focus
areas, such as transportation, utilities, buildings, and smart citizen services, to consumers or end users.
The figure below describes the value chain for the smart cities market. The platform for smart cities
includes hardware in the form of sensors, equipment, and other intelligent electronic devices and software
for information display, analysis, monitoring, and controlling. Various solution vendors for smart city
projects have adopted the strategy of partnerships to provide integrated solutions for developing smart
cities. A few examples of smart cities where intelligent solutions are deployed for various application areas
have been included in the value chain.
FIGURE 6 SMART CITIES MARKET: VALUE CHAIN ANALYSIS
Source: Primary Interviews, Industry Experts, and MarketsandMarkets Analysis
STATE GOVERNMENT
INSTITUTIONS
ALLIANCES/
STANDARDS CITY PLANNERS CSPS/IOT PLATFORM
PROVIDERS
Provide guidance on
promoting sustainable
development of smart cities
Responsible for planning,
funding, and approving new
urbanization plans
Keep track of implementation
and take appropriate actions
when required
To promote urban
governance, city
management, and
public service
innovation
Assist the government
in formulating and
improving service trade
laws and regulations
Provide professional
expertise on strategic
planning for smart cities
Obtain government policy
support and funding for
ICT integrated projects
Focus on guiding and
regulating urban
development
Implementing RFID
sensors, complete
wireless connectivity,
full-scale electronic
payments, and cloud-
based software
services to improve city
life
OEMS/ODMSTELCOSSYSTEM INTEGRATORS
SOLUTION/SERVICE
PROVIDERS
Drive and improve
service/solution
development and innovation
Offer advanced solutions and
services based on a wide
range of technologies, such
as cloud computing, IoT, big
data, AI, data centers, and
Wi-Fi
Offer comprehensive
system integration
capabilities by upgrading or
integrating advanced
technologies with legacy
systems to produce
intelligence
Offer sectorial expertise to
solve multiple complex
problems
Offer telecommunication
services, including mobile
broadband, fixed-line
broadband, GSM, fixed-
line local access services,
and technologies such as
NFV, SDN, and network
slicing developments for
4G, 4.5G, and 5G
Offer sensors, devices, and
equipment to solution
providers, city planners, and
SI partners for smart city
development
Provide innovative solutions
based on disruptive digital
technologies
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4 SMART BUILDINGS MARKET
KEY FINDINGS
The market for the residential segment is projected to grow from USD XX billion in 2020 to USD
XX billion by 2025, at a CAGR of XX%.
The market for the commercial segment is projected to grow from USD XX billion in 2020 to
USD XX billion by 2025, at a CAGR of XX%.
Increased effectiveness of smart solutions owing to advancements in technology is driving the
demand for smart building solutions in the commercial segment.
The complex nature of various smart technologies deployed across cities and the need for
custom solutions to implement smart city solutions in different cities are driving the demand for
consulting and deployment and integration services
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4.1 INTRODUCTION
A smart building is a combination of various equipment and technologies, such as building fabrics, spaces,
services, and communication systems, and the capability to control a whole system remotely. Building
technologies have significantly changed over time and in various disciplines. The implementation of IoT
sensors in a building allows the administrator to collect data and automate various systems operating in
the building. Advancements in various technologies, such as IoT and AI and ML, have made smart building
solutions more effective, which is expected to boost the demand for smart building solutions significantly in
the future. Vendors in the smart building value chain design and develop solutions according to various
application areas. A few major vendors include ABB, Cisco, Siemens, Schneider Electric, and IBM. The
major application areas of the smart building market are HVAC, lighting, smart appliances, and emergency
response management solutions. ODMs manufacture various types of hardware and software according to
applications and provide them to technology vendors, who further add some value to it. CSPs supply Local
Area Network (LAN) and Wide Area Network (WAN) systems, and Electronic Private Automatic Branch
Exchange (EPABX)-based communication systems. To run all the hardware, technology solutions, and
communication systems on a single framework, there is a need for system integrators who can integrate
these solutions on a single platform. After that, it passes to end users, such as commercial buildings,
residential sectors, hospitals, hospitality buildings, and institutions.
TABLE 1 SMART BUILDINGS MARKET SIZE, BY REGION, 2016–2019 (USD BILLION)
Region
2016
2017
2018
2019
CAGR (2016–2019)
North America
XX
XX
XX
XX
XX%
Europe
XX
XX
XX
XX
XX%
APAC
XX
XX
XX
XX
XX%
Latin America
XX
XX
XX
XX
XX%
MEA
XX
XX
XX
XX
XX%
Total
XX
XX
XX
XX
XX%
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
TABLE 2 SMART BUILDINGS MARKET SIZE, BY REGION, 2019–2025 (USD BILLION)
Region
2019
2020-e
2021-p
2022-p
2023-p
2024-p
2025-p
CAGR
(2020–2025)
North America
XX
XX
XX
XX
XX
XX
XX
XX%
Europe
XX
XX
XX
XX
XX
XX
XX
XX%
APAC
XX
XX
XX
XX
XX
XX
XX
XX%
Latin America
XX
XX
XX
XX
XX
XX
XX
XX%
MEA
XX
XX
XX
XX
XX
XX
XX
XX%
Total
XX
XX
XX
XX
XX
XX
XX
XX%
e: estimated; p: projected
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
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5 SMART CITIES MARKET, BY REGION
5.1 NORTH AMERICA
North America is expected to have the highest share of the overall smart cities market. The US has a high
adoption of smart city technologies in this region. North America leads smart city usage with the US and
Canada at the forefront, as these countries have sustainable and well-established economies, which
empower them to strongly invest in R&D activities, thereby contributing to the development of new
technologies. Network operators in this region consistently invest in expanding and upgrading their telecom
networks and transitioning toward 5G infrastructure, leveraging technologies such as cloud edge
computing and network slicing, thereby actuating the adoption of smart cities at a low cost and for
strategic urban management. Moreover, the startup culture in North America is growing more rapidly in
comparison to the other regions. Rapid digitalization across industry verticals, the increasing adoption of
smart connected devices, such as IoT, and the rising technological advancements have further fueled the
growth of the smart cities market in this region.
The smart cities market is expected to actuate with recent developments and organic and inorganic growth
strategies adopted by major key vendors and government regulatory bodies. A smart city encompasses a
connectivity management profile, an integration profile, device management, a security platform, and data
management platform, among which the connectivity management platform is expected to be the most
focused area in the US.
FIGURE 7 NORTH AMERICA: MARKET SNAPSHOT
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
XX%
CAGR (2020-2025)
XX%
North America’s estimated
share in the smart city
market (2020)
In the smart transportation
market, by component, the
services segment is projected to
grow at a CAGR of XX% during the
forecast period
XX%
Canada’s CAGR
(2020-2025)
TOP 3 FOCUS AREAS (USD BILLION) SMART BUILDING MARKET - BY COMPONENT
(USD BILLION)
DRIVING FACTORS FOR MARKET GROWTH IN NORTH AMERICA
Strong presence of key market players such as IBM, Microsoft, Oracle, Google, AWS, and Cisco
Sustainable and well-established economies, such as the US and Canada
Early adoption of advanced smart city solutions for various focus areas
NORTH AMERICA
XX
XX
XX
XX
XX
XX
Smart Transportation
Smart Building
Smart Citizen Services
2025 2020
XX
XX
XX
XX
Services
Solutions
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5.1.1 US
The US is the global leader in smart city offerings with proven, deployed technologies that increase the
reach, flexibility, and effectiveness of the US government. Smart city offerings ensure that stakeholders are
capable of integrating into and bringing together a disparate heterogeneous set of silos into a set of shared
extensible services. The adoption of IoT in the US has been the highest due to various factors, such as the
presence of major IoT solution providers in the region, early adoption of advanced technologies, such as
analytics and AI, the presence of highly efficient network infrastructure, and large-scale internet
penetration. Internet data traffic is huge in the country, with the proliferation of smart devices and a large
subscriber base, which accounted for around XX million as of 2018, according to data provided by GSMA.
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6 COMPETITIVE LANDSCAPE
6.1 MARKET EVALUATION FRAMEWORK
Since all markets follow a predictable life cycle, understanding the present stage of the market after
analyzing the market dynamics in the last 3–5 years becomes essential to forecast how the market will be
in the future. This analysis involves assessing the consolidation in the market by identifying the number of
market players that hold over XX% of market share, the number of business expansions, new product
launches, product enhancements, M&A, partnerships, collaborations, and agreements.
MarketsandMarkets’ Market Evaluation Framework below captures the key data for the years 2018 to
2020 for the smart cities market.
FIGURE 8 MARKET EVALUATION FRAMEWORK, JANUARY 2018–JULY 2020
No. of New Product
Enhancements XX XX XX
No. of Partnerships,
Agreements, and Collaborations XX XX XX
No. of Mergers and
Acquisitions XX XX XX
2018 2019 2020
No. of Business Expansions XX XX XX
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6.2 HISTORICAL REVENUE ANALYSIS
Players in the smart cities market were identified through secondary research. The share of each market
player, in terms of value, was inferred from annual reports, presentations, and secondary research
sources. Primary research interviews were conducted with key opinion leaders, such as CEOs, directors,
industry experts, and other executives, to validate revenues and market shares.
The size of the smart cities market, in terms of value (USD million), based on smart transportation, smart
utilities, smart buildings, smart citizen services, and regions, was derived using forecasting techniques
based on demand patterns and production trends.
The first step in the preparation of this report was to define the market size approach and methodology.
This was followed by primary interviews. The bottom-up approach was followed to derive the market size in
terms of value. The market size was validated by in-depth interviews with industry experts. The excerpts of
primary interviews are provided in the research methodology chapter.
FIGURE 9 HISTORIC 3-YEAR REVENUE ANALYSIS OF LEADING PLAYERS
Note: The revenue analysis has been given for companies’ overall revenue.
Source: Company Websites and Annual Reports
XX
XX
XX
XX
XX
XX
XX
XX
2017 2018 2019
Microsoft Siemens Hitachi IBM Cisco
Vendor Revenue (USD Million)
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6.3 COMPANY EVALUATION MATRIX, 2020
FIGURE 10 SMART CITIES MARKET: COMPANY EVALUATION MATRIX, 2020
Source: Press Releases, Expert Interviews, and MarketsandMarkets Analysis
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7 COMPANY PROFILES
7.1 CISCO
7.1.1 BUSINESS OVERVIEW
Cisco is engaged in the provision of hardware, software, networking, and system communication
technology-based products and services. The offerings of the company cater to industry verticals such as
energy, government, education, financial services, retail, sports and entertainment, manufacturing,
healthcare, transportation, and hospitality.
Cisco has established its market dominance by creating personal distribution channels, employing an
aggressive sales force, and strategically collaborating with different channel partners. It caters to diverse
business houses, such as large enterprises, commercial businesses, service providers, and consumers. It
strives continuously to establish itself as an eminent player in the networking domain and is present across
the world in regions such as North America; Europe, the Middle East, and Africa (EMEA); APAC; and Latin
America.
Cisco has major stakes in various global smart city projects. The company supports these projects with the
help of its specifically designed Smart and Connected solutions portfolio. The Smart and Connected
solutions portfolio assists city leaders in addressing urban challenges, such as traffic congestions,
overcrowding, pollution, resource constraints, and inadequate infrastructure, by utilizing the company’s
intelligent networking capabilities.
Cisco offers various products in the smart cities market. Its products are subdivided into various sections,
including smart energy that comprises Cisco Energy Optimization Services, Cisco Connected Grids, Cisco
Smart Grid Security Solutions, and Connected Grid Design Suite (CGDS). CGDS is a collection of software
modules, hardware appliances, and services.
Cisco’s smart transportation products include IoT, Cisco Connected Fleet, Cisco Smart+ Connected City
Traffic, Traffic Incident Management, Smart Safety and Smart Security, Smart Education, and Smart
Healthcare. In addition to these products, its Smart+ Connected Communities portfolio offers solutions
such as Smart+ Connected Smart Meeting Places, Smart+ Connected Personalized Spaces, Smart+
Connected City Wi-Fi, Smart+ Connected City Parking, and Smart+ Connected Residential.
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FIGURE 11 CISCO: COMPANY SNAPSHOT
Note: The company’s fiscal year ends on July 28.
Source: Company Website and Annual Reports
Founded: 1984
Headquarters: California, US
Employees: 75,900
Revenue: USD 51.9 Billion
R&D Expenditure: USD 6.6 Billion
Ownership: Public (NASDAQ: CSCO)
COMPANY AT A GLANCE - 2019 RECENT FINANCIALS
GEOGRAPHIC REVENUE MIXBUSINESS REVENUE MIX
59.6%
25.2%
15.2%
Americas
EMEA
APJC
58.1%
24.9%
11.2%
5.3% 0.5%
Infrastructure Platforms
Services
Applications
Security
Other Products
48.0 49.3 51.9
12.6% 12.8% 12.7%
0.0
10.0
20.0
30.0
40.0
50.0
60.0
2017 2018 2019
0.0%
3.0%
6.0%
9.0%
12.0%
15.0%
Revenue (USD Billion)
R&D Expenditue
Smart CitieS market - Global ForeCaSt to 2025
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APPENDIX
APPENDIX
Table 1 Primary interviews
Table 2 Factor Analysis
Table 3 Smart Cities Market: Analysis of Drivers And Opportunities During COVID-19
Table 4 Smart Cities Market: Analysis of Challenges And Restraints During COVID-19
Table 5 Smart Cities Market: Cumulative Growth Analysis
Table 6 Smart Transportation Market Size, By Component, 2016–2019 (USD Billion)
Table 7 Smart Transportation Market Size, By Component, 2019–2025 (USD Billion)
Table 8 Smart Transportation Market Size, By Region, 2016–2019 (USD Billion)
Table 9 Smart Transportation Market Size, By Region, 2019–2025 (USD Billion)
Table 10 Smart Transportation Market Size, By Type, 2016–2019 (USD Billion)
Table 11 Smart Transportation Market Size, By Type, 2019–2025 (USD Billion)
Table 12 Smart Transportation Market Size, By Solution, 2016–2019 (USD Billion)
Table 13 Smart Transportation Market Size, By Solution, 2019–2025 (USD Billion)
Table 14 Traffic Management System Market Size, By Solution, 2016–2019 (USD Billion)
Table 15 Traffic Management System Market Size, By Solution, 2019–2025 (USD Billion)
Table 16 Smart Transportation Market Size, By Service, 2016–2019 (USD Billion)
Table 17 Smart Transportation Market Size, By Service, 2019–2025 (USD Billion)
Table 18 Smart Buildings Market Size, By Region, 2016–2019 (USD Billion)
Table 19 Smart Buildings Market Size, By Region, 2019–2025 (USD Billion)
Table 20 Smart Buildings Market Size, By Type, 2016–2019 (USD Billion)
Table 21 Smart Buildings Market Size, By Type, 2019–2025 (USD Billion)
Table 22 Smart Buildings Market Size, By Solution, 2016–2019 (USD Billion)
Table 23 Smart Building Market Size, By Solution, 2019–2025 (USD Billion)
Table 24 Solutions: Smart Buildings Market Size, By Building Energy Optimization,
2016–2019 (USD Billion)
Table 25 Solutions: Smart Buildings Market Size, By Building Energy Optimization,
2019–2025 (USD Billion)
Table 26 Solutions: Smart Buildings Market Size, By Emergency Management,
2016–2019 (USD Billion)
Table 27 Solutions: Smart Buildings Market Size, By Emergency Management,
2019–2025 (USD Billion)
Table 28 Smart Buildings Market Size, By Service, 2016–2019 (USD Billion)
Table 29 Smart Buildings Market Size, By Service, 2019–2025 (USD Billion)
Table 30 Smart Utilities Market Size, By Component, 2016–2019 (USD Billion)
Table 31 Smart Utilities Market Size, By Component, 2019–2025 (USD Billion)
Table 32 Smart Utilities Market Size, By Region, 2016–2019 (USD Billion)
Table 33 Smart Utilities Market Size, By Region, 2019–2025 (USD Billion)
Table 34 Smart Utilities Market Size, By Type, 2016–2019 (USD Billion)
Table 35 Smart Utilities Market Size, By Type, 2019–2025 (USD Billion)
Table 36 Smart Utilities Market Size, By Solution, 2016–2019 (USD Billion)
Table 37 Smart Utilities Market Size, By Solution, 2019–2025 (USD Billion)
Table 38 Advanced Metering infrastructure: Smart Utilities Market Size, By Type,
2016–2019 (USD Billion)
Table 39 Advanced Metering infrastructure: Smart Utilities Market Size, By Type,
2019–2025 (USD Billion)
Table 40 Smart Utilities Market Size, By Service, 2016–2019 (USD Billion)
Table 41 Smart Utilities Market Size, By Service, 2019–2025 (USD Billion)
Table 42 Smart Citizen Services Market Size, By Type, 2016–2019 (USD Billion)
Table 43 Smart Citizen Services Market Size, By Type, 2019–2025 (USD Billion)
Table 44 Smart Citizen Services Market Size, By Region, 2016–2019 (USD Billion)
Table 45 Smart Citizen Services Market Size, By Region, 2019–2025 (USD Billion)
Table 46 Smart Education: Smart Citizen Services Market Size, By Region,
2016–2019 (USD Billion)
Table 47 Smart Education: Smart Citizen Services Market Size, By Region, 2019–2025
(USD Billion)
Table 48 Smart Healthcare: Smart Citizen Services Market Size, By Region, 2016–2019
(USD Billion)
Table 49 Smart Healthcare: Smart Citizen Services Market Size, By Region, 2019–2025
(USD Billion)
Table 50 Smart Public Safety: Smart Citizen Services Market Size, By Region,
2016–2019 (USD Billion)
Table 51 Smart Public Safety: Smart Citizen Services Market Size, By Region,
2019–2025 (USD Billion)
Table 52 Smart Street Lighting: Smart Citizen Services Market Size, By Region,
2016–2019 (USD Billion)
Table 53 Smart Street Lighting: Smart Citizen Services Market Size, By Region,
2019–2025 (USD Billion)
Table 54 E-Governance: Smart Citizen Services Market Size, By Region,
2016–2019 (USD Billion)
Table 55 E-Governance: Smart Citizen Services Market Size, By Region,
2019–2025 (USD Billion)
Table 56 Smart Cities Market Size, By Region, 2016–2019 (USD Billion)
Table 57 Smart Cities Market Size, By Region, 2019–2025 (USD Billion)
Table 58 North America: Smart Cities Market Size, By Focus Area,
2016–2019 (USD Billion)
Table 59 North America: Smart Cities Market Size, By Focus Area,
2019–2025 (USD Billion)
Table 60 North America: Smart Transportation Market Size, By Component,
2016–2019 (USD Billion)
Table 61 North America: Smart Transportation Market Size, By Component,
2019–2025 (USD Billion)
Table 62 North America: Smart Transportation Market Size, By Solution,
2016–2019 (USD Billion)
Table 63 North America: Smart Transportation Market Size, By Solution,
2019–2025 (USD Billion)
Table 64 North America: Smart Transportation Market Size, By Service,
2016–2019 (USD Billion)
Table 65 North America: Smart Transportation Market Size, By Service,
2019–2025 (USD Billion)
Table 66 North America: Smart Transportation Market Size, By Mode,
2016–2019 (USD Billion)
Table 67 North America: Smart Transportation Market Size, By Mode,
2019–2025 (USD Billion)
Table 68 North America: Smart Buildings Market Size, By Component,
2016–2019 (USD Billion)
Table 69 North America: Smart Buildings Market Size, By Component,
2019–2025 (USD Billion)
Table 70 North America: Smart Buildings Market Size, By Solution,
2016–2019 (USD Billion)
Table 71 North America: Smart Buildings Market Size, By Solution,
2019–2025 (USD Billion)
Table 72 North America: Smart Buildings Market Size, By Service,
2016–2019 (USD Billion)
Table 73 North America: Smart Buildings Market Size, By Service,
2019–2025 (USD Billion)
Table 74 North America: Smart Buildings Market Size, By Type, 2016–2019 (USD Billion)
Table 75 North America: Smart Buildings Market Size, By Type, 2019–2025 (USD Billion)
Table 76 North America: Smart Utilities Market Size, By Component,
2016–2019 (USD Billion)
Table 77 North America: Smart Utilities Market Size, By Component,
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APPENDIX
2019–2025 (USD Billion)
Table 78 North America: Smart Utilities Market Size, By Solution,
2016–2019 (USD Billion)
Table 79 North America: Smart Utilities Market Size, By Solution,
2019–2025 (USD Billion)
Table 80 North America: Smart Utilities Market Size, By Service, 2016–2019 (USD Billion)
Table 81 North America: Smart Utilities Market Size, By Service, 2019–2025 (USD Billion)
Table 82 North America: Smart Utilities Market Size, By Type, 2016–2019 (USD Billion)
Table 83 North America: Smart Utilities Market Size, By Type, 2019–2025 (USD Billion)
Table 84 North America: Smart Citizen Services Market Size, By Type,
2016–2019 (USD Billion)
Table 85 North America: Smart Citizen Services Market Size, By Type,
2019–2025 (USD Billion)
Table 86 North America: Smart Cities Market Size, By Country, 2016–2019 (USD Billion)
Table 87 North America: Smart Cities Market Size, By Country, 2019–2025 (USD Billion)
Table 88 Europe: Smart Cities Market Size, By Focus Area, 2016–2019 (USD Billion)
Table 89 Europe: Smart Cities Market Size, By Focus Area, 2019–2025 (USD Billion)
Table 90 Europe: Smart Transportation Market Size, By Component,
2016–2019 (USD Billion)
Table 91 Europe: Smart Transportation Market Size, By Component,
2019–2025 (USD Billion)
Table 92 Europe: Smart Transportation Market Size, By Solution, 2016–2019 (USD Billion)
Table 93 Europe: Smart Transportation Market Size, By Solution, 2019–2025 (USD Billion)
Table 94 Europe: Smart Transportation Market Size, By Service, 2016–2019 (USD Billion)
Table 95 Europe: Smart Transportation Market Size, By Service, 2019–2025 (USD Billion)
Table 96 Europe: Smart Transportation Market Size, By Mode, 2016–2019 (USD Billion)
Table 97 Europe: Smart Transportation Market Size, By Mode, 2019–2025 (USD Billion)
Table 98 Europe: Smart Buildings Market Size, By Component, 2016–2019 (USD Billion)
Table 99 Europe: Smart Buildings Market Size, By Component, 2019–2025 (USD Billion)
Table 100 Europe: Smart Buildings Market Size, By Solution, 2016–2019 (USD Billion)
Table 101 Europe: Smart Buildings Market Size, By Solution, 2019–2025 (USD Billion)
Table 102 Europe: Smart Buildings Market Size, By Service, 2016–2019 (USD Billion)
Table 103 Europe: Smart Buildings Market Size, By Service, 2019–2025 (USD Billion)
Table 104 Europe: Smart Buildings Market Size, By Type, 2016–2019 (USD Billion)
Table 105 Europe: Smart Buildings Market Size, By Type, 2019–2025 (USD Billion)
Table 106 Europe: Smart Utilities Market Size, By Component, 2016–2019 (USD Billion)
Table 107 Europe: Smart Utilities Market Size, By Component, 2019–2025 (USD Billion)
Table 108 Europe: Smart Utilities Market Size, By Solution, 2016–2019 (USD Billion)
Table 109 Europe: Smart Utilities Market Size, By Solution, 2019–2025 (USD Billion)
Table 110 Europe: Smart Utilities Market Size, By Service, 2016–2019 (USD Billion)
Table 111 Europe: Smart Utilities Market Size, By Service, 2019–2025 (USD Billion)
Table 112 Europe: Smart Utilities Market Size, By Type, 2016–2019 (USD Billion)
Table 113 Europe: Smart Utilities Market Size, By Type, 2019–2025 (USD Billion)
Table 114 Europe: Smart Citizen Services Market Size, By Type, 2016–2019 (USD Billion)
Table 115 Europe: Smart Citizen Services Market Size, By Type, 2019–2025 (USD Billion)
Table 116 Europe: Smart Cities Market Size, By Country, 2016–2019 (USD Billion)
Table 117 Europe: Smart Cities Market Size, By Country, 2019–2025 (USD Billion)
Table 118 Asia Pacific: Smart Cities Market Size, By Focus Area, 2016–2019 (USD Billion)
Table 119 Asia Pacific: Smart Cities Market Size, By Focus Area, 2019–2025 (USD Billion)
Table 120 Asia Pacific: Smart Transportation Market Size, By Component,
2016–2019 (USD Billion)
Table 121 Asia Pacific: Smart Transportation Market Size, By Component,
2019–2025 (USD Billion)
Table 122 Asia Pacific: Smart Transportation Market Size, By Solution,
2016–2019 (USD Billion)
Table 123 Asia Pacific: Smart Transportation Market Size, By Solution,
2019–2025 (USD Billion)
Table 124 Asia Pacific: Smart Transportation Market Size, By Service,
2016–2019 (USD Billion)
Table 125 Asia Pacific: Smart Transportation Market Size, By Service,
2019–2025 (USD Billion)
Table 126 Asia Pacific: Smart Transportation Market Size, By Mode,
2016–2019 (USD Billion)
Table 127 Asia Pacific: Smart Transportation Market Size, By Mode,
2019–2025 (USD Billion)
Table 128 Asia Pacific: Smart Buildings Market Size, By Component,
2016–2019 (USD Billion)
Table 129 Asia Pacific: Smart Buildings Market Size, By Component,
2019–2025 (USD Billion)
Table 130 Asia Pacific: Smart Buildings Market Size, By Solution, 2016–2019 (USD Billion)
Table 131 Asia Pacific: Smart Buildings Market Size, By Solution, 2019–2025 (USD Billion)
Table 132 Asia Pacific: Smart Buildings Market Size, By Service, 2016–2019 (USD Billion)
Table 133 Asia Pacific: Smart Buildings Market Size, By Service, 2019–2025 (USD Billion)
Table 134 Asia Pacific: Smart Buildings Market Size, By Type, 2016–2019 (USD Billion)
Table 135 Asia Pacific: Smart Buildings Market Size, By Type, 2019–2025 (USD Billion)
Table 136 Asia Pacific: Smart Utilities Market Size, By Component,
2016–2019 (USD Billion)
Table 137 Asia Pacific: Smart Utilities Market Size, By Component,
2019–2025 (USD Billion)
Table 138 Asia Pacific: Smart Utilities Market Size, By Solution, 2016–2019 (USD Billion)
Table 139 Asia Pacific: Smart Utilities Market Size, By Solution, 2019–2025 (USD Billion)
Table 140 Asia Pacific: Smart Utilities Market Size, By Service, 2016–2019 (USD Billion)
Table 141 Asia Pacific: Smart Utilities Market Size, By Service, 2019–2025 (USD Billion)
Table 142 Asia Pacific: Smart Utilities Market Size, By Type, 2016–2019 (USD Billion)
Table 143 Asia Pacific: Smart Utilities Market Size, By Type, 2019–2025 (USD Billion)
Table 144 Asia Pacific: Smart Citizen Services Market Size, By Type,
2016–2019 (USD Billion)
Table 145 Asia Pacific: Smart Citizen Services Market Size, By Type,
2019–2025 (USD Billion)
Table 146 Asia Pacific: Smart Cities Market Size, By Country, 2016–2019 (USD Billion)
Table 147 Asia Pacific: Smart Cities Market Size, By Country, 2019–2025 (USD Billion)
Table 148 Middle East And Africa: Smart Cities Market Size, By Focus Area,
2016–2019 (USD Billion)
Table 149 Middle East And Africa: Smart Cities Market Size, By Focus Area,
2019–2025 (USD Billion)
Table 150 Middle East And Africa: Smart Transportation Market Size, By Component,
2016–2019 (USD Billion)
Table 151 Middle East And Africa: Smart Transportation Market Size, By Component,
2019–2025 (USD Billion)
Table 152 Middle East And Africa: Smart Transportation Market Size, By Solution,
2016–2019 (USD Billion)
Table 153 Middle East And Africa: Smart Transportation Market Size, By Solution,
2019–2025 (USD Billion)
Table 154 Middle East And Africa: Smart Transportation Market Size, By Service,
2016–2019 (USD Billion)
Table 155 Middle East And Africa: Smart Transportation Market Size, By Service,
2019–2025 (USD Billion)
Table 156 Middle East And Africa: Smart Transportation Market Size, By Mode,
2016–2019 (USD Billion)
Table 157 Middle East And Africa: Smart Transportation Market Size, By Mode,
Smart CitieS market - Global ForeCaSt to 2025
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APPENDIX
APPENDIX
2019–2025 (USD Billion)
Table 158 Middle East And Africa: Smart Buildings Market Size, By Component,
2016–2019 (USD Billion)
Table 159 Middle East And Africa: Smart Buildings Market Size, By Component,
2019–2025 (USD Billion)
Table 160 Middle East And Africa: Smart Buildings Market Size, By Solution,
2016–2019 (USD Billion)
Table 161 Middle East And Africa: Smart Buildings Market Size, By Solution,
2019–2025 (USD Billion)
Table 162 Middle East And Africa: Smart Buildings Market Size, By Service,
2016–2019 (USD Billion)
Table 163 Middle East And Africa: Smart Buildings Market Size, By Service,
2019–2025 (USD Billion)
Table 164 Middle East And Africa: Smart Buildings Market Size, By Type,
2016–2019 (USD Billion)
Table 165 Middle East And Africa: Smart Buildings Market Size, By Type,
2019–2025 (USD Billion)
Table 166 Middle East And Africa: Smart Utilities Market Size, By Component,
2016–2019 (USD Billion)
Table 167 Middle East And Africa: Smart Utilities Market Size, By Component,
2019–2025 (USD Billion)
Table 168 Middle East And Africa: Smart Utilities Market Size, By Solution,
2016–2019 (USD Billion)
Table 169 Middle East And Africa: Smart Utilities Market Size, By Solution,
2019–2025 (USD Billion)
Table 170 Middle East And Africa: Smart Utilities Market Size, By Service,
2016–2019 (USD Billion)
Table 171 Middle East And Africa: Smart Utilities Market Size, By Service,
2019–2025 (USD Billion)
Table 172 Middle East And Africa: Smart Utilities Market Size, By Type,
2016–2019 (USD Billion)
Table 173 Middle East And Africa: Smart Utilities Market Size, By Type,
2019–2025 (USD Billion)
Table 174 Middle East And Africa: Smart Citizen Services Market Size, By Type,
2016–2019 (USD Billion)
Table 175 Middle East And Africa: Smart Citizen Services Market Size, By Type,
2019–2025 (USD Billion)
Table 176 Middle East And Africa: Smart Cities Market Size, By Country,
2016–2019 (USD Billion)
Table 177 Middle East And Africa: Smart Cities Market Size, By Country,
2019–2025 (USD Billion)
Table 178 Latin America: Smart Cities Market Size, By Focus Area,
2016–2019 (USD Billion)
Table 179 Latin America: Smart Cities Market Size, By Focus Area,
2019–2025 (USD Billion)
Table 180 Latin America: Smart Transportation Market Size, By Component,
2016–2019 (USD Billion)
Table 181 Latin America: Smart Transportation Market Size, By Component,
2019–2025 (USD Billion)
Table 182 Latin America: Smart Transportation Market Size, By Solution,
2016–2019 (USD Billion)
Table 183 Latin America: Smart Transportation Market Size, By Solution,
2019–2025 (USD Billion)
Table 184 Latin America: Smart Transportation Market Size, By Service,
2016–2019 (USD Billion)
Table 185 Latin America: Smart Transportation Market Size, By Service,
2019–2025 (USD Billion)
Table 186 Latin America: Smart Transportation Market Size, By Mode,
2016–2019 (USD Billion)
Table 187 Latin America: Smart Transportation Market Size, By Mode,
2019–2025 (USD Billion)
Table 188 Latin America: Smart Buildings Market Size, By Component,
2016–2019 (USD Billion)
Table 189 Latin America: Smart Buildings Market Size, By Component,
2019–2025 (USD Billion)
Table 190 Latin America: Smart Buildings Market Size, By Solution,
2016–2019 (USD Billion)
Table 191 Latin America: Smart Buildings Market Size, By Solution,
2019–2025 (USD Billion)
Table 192 Latin America: Smart Buildings Market Size, By Service,
2016–2019 (USD Billion)
Table 193 Latin America: Smart Buildings Market Size, By Service,
2019–2025 (USD Billion)
Table 194 Latin America: Smart Buildings Market Size, By Type, 2016–2019 (USD Billion)
Table 195 Latin America: Smart Buildings Market Size, By Type, 2019–2025 (USD Billion)
Table 196 Latin America: Smart Utilities Market Size, By Component,
2016–2019 (USD Billion)
Table 197 Latin America: Smart Utilities Market Size, By Component,
2019–2025 (USD Billion)
Table 198 Latin America: Smart Utilities Market Size, By Solution, 2016–2019 (USD Billion)
Table 199 Latin America: Smart Utilities Market Size, By Solution, 2019–2025 (USD Billion)
Table 200 Latin America: Smart Utilities Market Size, By Service, 2016–2019 (USD Billion)
Table 201 Latin America: Smart Utilities Market Size, By Service, 2019–2025 (USD Billion)
Table 202 Latin America: Smart Utilities Market Size, By Type, 2016–2019 (USD Billion)
Table 203 Latin America: Smart Utilities Market Size, By Type, 2019–2025 (USD Billion)
Table 204 Latin America: Smart Citizen Services Market Size, By Type,
2016–2019 (USD Billion)
Table 205 Latin America: Smart Citizen Services Market Size, By Type,
2019–2025 (USD Billion)
Table 206 Latin America: Smart Cities Market Size, By Country, 2016–2019 (USD Billion)
Table 207 Latin America: Smart Cities Market Size, By Country, 2019–2025 (USD Billion)
Table 208 New Product Launches And Product Enhancements, April 2019 – June 2020
Table 209 Business Expansions, May 2018–July 2020
Table 210 Partnerships, Agreements, And Collaborations, October 2019–June 2020
Table 211 Mergers And Acquisitions, July 2018–January 2020
Table 212 Iot in Smart Cities Market Size, By offering, 2016–2019 (USD Billion)
Table 213 Iot in Smart Cites Market Size, By offering, 2019-2025 (USD Billion)
Table 214 Iot in Smart Cities Market Size, By Solution, 2016–2019 (USD Billion)
Table 215 Iot in Smart Cities Market Size, By Solution, 2019–2025 (USD Billion)
Table 216 Services: Iot in Smart Cities Market Size, By Type, 2016–2019 (USD Billion)
Table 217 Services: Iot in Smart Cities Market Size, By Type, 2019–2025 (USD Billion)
Table 218 Professional Services: Iot in Smart Cities Market Size, By Type,
2016–2019 (USD Billion)
Table 219 Professional Services: Iot in Smart Cities Market Size, By Type,
2019–2025 (USD Billion)
Table 220 Iot in Smart Cities Market Size, By Application, 2016–2019 (USD Billion)
Table 221 Iot in Smart Cities Market Size, By Application, 2019–2025 (USD Billion)
Table 222 Iot in Smart Cities Market Size, By Region, 2016–2019 (USD Billion)
Table 223 Iot in Smart Cities Market Size, By Region, 2019–2025 (USD Billion)
Table 224 Smart Building Market Size, By Component, 2017–2024 (USD Million)
Table 225 Smart Building Market Size, By Solution, 2017–2024 (USD Million)
Table 226 Smart Building Market Size, By Service, 2017–2024 (USD Million)
Smart CitieS market - Global ForeCaSt to 2025
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APPENDIX
APPENDIX
Table 227 Smart Building Market Size, By Building Type, 2017–2024 (USD Million)
Table 228 Commercial: Smart Building Market Size, By Type, 2017–2024 (USD Million)
Table 229 Smart Building Market Size, By Region, 2017–2024 (USD Million)
Table 230 Smart Transportation Market Size, By Transportation Mode,
2016–2019 (USD Million)
Table 231 Smart Transportation Market Size, By Transportation Mode,
2019–2025 (USD Million)
Table 232 Smart Transportation Market Size, By Solution in Roadways,
2016–2019 (USD Million)
Table 233 Smart Transportation Market Size, By Solution in Roadways,
2019–2025 (USD Million)
Table 234 Smart Transportation Market Size, By Service in Roadways,
2016–2019 (USD Million)
Table 235 Smart Transportation Market Size, By Service in Roadways,
2019–2025 (USD Million)
Table 236 Smart Transportation Market Size, By Solution in Railways,
2016–2019 (USD Million)
Table 237 Smart Transportation Market Size, By Solution in Railways,
2019–2025 (USD Million)
Table 238 Smart Transportation Market Size, By Service in Railways,
2016–2019 (USD Million)
Table 239 Smart Transportation Market Size, By Service in Railways,
2019–2025 (USD Million)
Table 240 Smart Transportation Market Size, By Solution in Airways,
2016–2019 (USD Million)
Table 241 Smart Transportation Market Size, By Solution in Airways,
2019–2025 (USD Million)
Table 242 Smart Transportation Market Size, By Service in Airways,
2016–2019 (USD Million)
Table 243 Smart Transportation Market Size, By Service in Airways,
2019–2025 (USD Million)
Table 244 Smart Transportation Market Size, By Solution in Maritime,
2016–2019 (USD Million)
Table 245 Smart Transportation Market Size, By Solution in Maritime,
2019–2025 (USD Million)
Table 246 Smart Transportation Market Size, By Service in Maritime,
2016–2019 (USD Million)
Table 247 Smart Transportation Market Size, By Service in Maritime,
2019–2025 (USD Million)
Table 248 Smart Transportation Market Size, By Region, 2016–2019 (USD Million)
Table 249 Smart Transportation Market Size, By Region, 2019–2025 (USD Million)
Table 250 Iot in Healthcare Market Size, By Component, 2015–2019 (USD Billion)
Table 251 Iot in Healthcare Market Size, By Component, 2019–2025 (USD Billion)
Table 252 Medical Devices: Iot in Healthcare Market Size, By Type,
2015–2019 (USD Billion)
Table 253 Medical Devices: Iot in Healthcare Market Size, By Type,
2019–2025 (USD Billion)
Table 254 Systems And Software: Iot in Healthcare Market Size, By Type,
2015–2019 (USD Billion)
Table 255 Systems And Software: Iot in Healthcare Market Size, By Type,
2019–2025 (USD Billion)
Table 256 Services: Iot in Healthcare Market Size, By Type, 2015–2019 (USD Billion)
Table 257 Services: Iot in Healthcare Market Size, By Type, 2019–2025 (USD Billion)
Table 258 Iot in Healthcare Market Size, By Application, 2015–2019 (USD Billion)
Table 259 Iot in Healthcare Market Size, By Application, 2019–2025 (USD Billion)
Table 260 Iot in Healthcare Market Size, By End User, 2015–2019 (USD Billion)
Table 261 Iot in Healthcare Market Size, By End User, 2019–2025 (USD Billion)
Table 262 Iot in Healthcare Market Size, By Region, 2015–2019 (USD Billion)
Table 263 Iot in Healthcare Market Size, By Region, 2019–2025 (USD Billion)
Smart CitieS market - Global ForeCaSt to 2025
sales@marketsandmarkets.com www.marketsandmarkets.com 36
APPENDIX
LIST OF FIGURES
Figure 1 COVID-19: Global Propagation
Figure 2 COVID-19 Propagation: Select Countries
Figure 3 Revised Gross Domestic Product Forecasts For Select G20 Countries in 2020
Figure 4 Criteria Impacting The Global Economy
Figure 5 Scenarios in Terms of Recovery of Global Economy
Figure 6 Smart Cities Market: Research Design
Figure 7 Data Triangulation
Figure 8 Market Size Estimation Methodology: Approach 1 (Supply Side): Revenue of
Platforms And Services of Smart Cities Market
Figure 9 Market Size Estimation Methodology: Approach 1: Bottom-Up (Supply Side):
Collective Revenue of Focus Areas of Smart Cities Market
Figure 10 Market Size Estimation Methodology: Approach 2: (Demand Side):
Smart Cities Market
Figure 11 Smart Cities Holistic View
Figure 12 Smart Cities Growth Trend
Figure 13 Asia Pacific To Grow At Highest Rate During Forecast Period
Figure 14 Smart Transportation Regional Market Size, 2020 (USD Billion)
Figure 15 Smart Buildings Regional Market Size, 2020 (USD Billion)
Figure 16 Smart Utilities Regional Market Size, 2020 (USD Billion)
Figure 17 Smart Citizen Services Regional Market Size, 2020 (USD Billion)
Figure 18 Growing Adoption of Smart Technologies To Drive Growth of Smart Cities Market
Figure 19 North America To Hold Highest Market Share in 2020
Figure 20 Roadways And Deployment And integration Services To Account For Highest
Market Shares For Smart Transportation in 2020
Figure 21 Commercial And Deployment And integration Services To Account For Highest
Market Shares For Smart Buildings in 2020
Figure 22 Asia Pacific To Be Best Market For investments During Forecast Period
Figure 23 Drivers, Restraints, Opportunities, And Challenges: Smart Cities Market
Figure 24 Smart Grid investments, By Technology Area, 2014—2019
Figure 25 Smart Cities Market: Value Chain Analysis
Figure 26 Smart Cities Market: Smart Transportation Ecosystem Analysis
Figure 27 Smart Cities Market: Smart Buildings Ecosystem Analysis
Figure 28 Smart Cities Market: Smart Utilities Ecosystem Analysis
Figure 29 Smart Cities Market: Smart Citizen Services Ecosystem Analysis
Figure 30 Services Segment Expected To Register Higher CAGR in Smart Transportation
Market From 2020 To 2025
Figure 31 MEA Expected To Register Highest CAGR in Smart Transportation Market From
2020 To 2025
Figure 32 Airways Segment Expected To Register Highest CAGR in Smart Transportation
Market From 2020 To 2025
Figure 33 Passenger information Management To Witness Highest CAGR During Forecast
Period
Figure 34 Parking Management To Witness Higher CAGR During Forecast Period
Figure 35 infrastructure Monitoring And Management Segment To Register Highest CAGR
in Smart Transportation Market During Forecast Period
Figure 36 Residential Segment To Grow At Highest CAGR During Forecast Period
Figure 37 Others Segment To Grow At Highest CAGR During Forecast Period
Figure 38 Deployment And integration Segment To Grow At Higher CAGR
During Forecast Period
Figure 39 Services Segment Expected To Register Higher CAGR in Smart Utilities Market
From 2020 To 2025
Figure 40 Mea Expected To Register Highest CAGR in Smart Utilities Market From
2020 To 2025
Figure 41 Gas Segment Expected To Register Highest CAGR in Smart Utilities Market From
2020 To 2025
Figure 42 Distribution Management System To Witness Highest CAGR During Forecast
Period
Figure 43 Meter Data Analytics Segment To Witness Highest CAGR During Forecast Period
Figure 44 Infrastructure Monitoring And Management Segment To Register Highest CAGR
in Smart Utilities Market During Forecast Period
Figure 45 Smart Healthcare Segment To Grow At Highest CAGR During Forecast Period
Figure 46 APAC To Grow At Highest CAGR During Forecast Period
Figure 47 APAC To Exhibit Highest CAGR During Forecast Period
Figure 48 North America: Market Snapshot
Figure 49 APAC: Market Snapshot
Figure 50 Market Evaluation Framework, January 2018–July 2020
Figure 51 Revenue Analysis of Smart Cities Market
Figure 52 Historic 3-Year Revenue Analysis of Leading Players
Figure 53 Company Evaluation Matrix: Criteria Weightage
Figure 54 Smart Cities Market: Company Evaluation Matrix, 2020
Figure 55 Ranking of Key Players, 2020
Figure 56 Startup/SME Evaluation Matrix: Criteria Weightage
Figure 57 Smart Cities Market: Startup/Sme Evaluation Matrix, 2020
Figure 58 CISCO: Company Snapshot
Figure 59 IBM: Company Snapshot
Figure 60 SIEMENS: Company Snapshot
Figure 61 HITACHI: Company Snapshot
Figure 62 MICROSOFT: Company Snapshot
Figure 63 SCHNEIDER ELECTRIC: Company Snapshot
Figure 64 HUAWEI: Company Snapshot
Figure 65 INTEL: Company Snapshot
Figure 66 AWS: Company Snapshot
Figure 67 NEC: Company Snapshot
Figure 68 GE: Company Snapshot
Smart CitieS market - Global ForeCaSt to 2025
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