Global Smart Cities Market Insights, Size & Growth Forecast To 2027

Global Smart Cities Market by Smart Transportation (Type, Solutions and Services), Smart Buildings (Type, Solutions and Services), Smart Utilities (Type, Solutions and Services), Smart Citizen Services and By Region (North America, Europe, Asia Pacific, South America, Middle East, & Africa)- Global forecast from 2020-2027.

Published: Feb-2021	Report ID: IACT2110	Pages: 1 - 250	Formats^*:
Category : Information & Communications Technology

The Global Smart Cities market has fuelled the market demand owing to its influential demand for advance technology and the integration process. The global smart cities market expected to bolster the market growth with 18% CAGR in the forecast period from 2020-2027. The advancement in technology like cloud computing, IoT, and a massive amount of data emergence due to increasing smartphones internet has allowed the users to transfer the data on the cloud and accessed anywhere around the world.

Moreover, with the increasing speed of the mobile internet has laid the foundation for the application of smart cities. Smart cities will help in building an integrated ecosystem that helps in managing all the sensors, alarm, and meters with one control center through the support of data centers. Additionally, sustainable urbanization and cities have faced severe resource and environmental and transportation pressures, and the urban construction model urgently needs to be transformed.

Furthermore, the increasing market demand for smart city construction will be a significant development opportunity for companies providing ""smart city"" technologies, products, and services. These opportunities include construction, design, urban master planning; engineering and efficiency consulting; technologies that promote efficient and cost-effective creation; green building materials, systems, and equipment. The development of people's livelihood and industry has become the goal for many cities to choose to build smart cities. More and more smart city planners and builders realize that sustainable urban development is the best choice for urban development. It is not only the path of urban development but also the ultimate goal of urban development.

Smart Transportation Overview in the Global Smart Cities Market

Based on smart transportation, the global smart cities market classified into types, solutions, services. Under the types segment, the airways segment has fueled the market growth owing to, affordability of air tickets as it is available on discounts and offers, which thereby can be afforded by most of the people. Moreover, with an increasing internet connection has given access to the users that earlier people avoid meeting brokers or agencies for flight booking.

Smart Building Overview in the Global Smart Cities Market

Based on the smart building, the global smart cities market segmented into types, solutions, services. Under the solution segment, emergency management has dominated the demand of the global smart cities market. In the wake of an emergency like a natural disaster, fire, theft, crime, and any other factor that can harm the people. Therefore, smart cities are majorly focusing on emergency management to avoid any such incident by connecting alarm, sensors in the cities.

Smart Utilities Overview in the Global Smart Cities Market

Based on smart utilities, the global smart cities market classified into types, solutions, and services. Under solutions, the distribution segment expected to propel the market demand for smart cities. Owing to the demand response program that manages all the distribution that takes place in the cities and controls it by reducing the load of different meters attached in the smart utility segment.

Smart Citizens Overview in the Global Smart Cities Market

Based on smart citizens, the global smart cities market classified into services only. Under this, the public safety segment expected to emerge as the most influential segment in the forecast period. Like people, a significant concern is to provide safety to them and their family members living in the city. Integrating technologies in the smart cities minimize the risk of an accident, which can be controlled from the sensors, and the control center and police can give immediate help.

Region Overview in the Global Smart Cities Market

Based on geography, the global Smart Cities market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region is going to bolster its growth in the forecast period from 2020-2027. Owing to rising development, economic stability, and the growing industrial sector have fueled the demand for expansion of the overseas business, advanced technology, and increasing disposable income will fuel the need for the global smart cities market.

Global Smart Cities Market: Competitive Landscape

Companies such as Cisco Systems, IBM, Siemens AG, Schneider Electric, Ericsson, Vodafone, Itron Inc., Verizon, Telensa, ABB, Honeywell International Inc., SAP SE, KAPSCH Group, AGT International and others are the key players in global Smart Cities market.

1. Research Strategic Development

1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation

2. Research Methodology

2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation

3. Executive Summary

4. Market Insights

4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porterâ€™s Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis

5. Global Smart Cities Market Overview

5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Smart Transportation
5.2.1.1. Type
5.2.1.1.1. Roadways
5.2.1.1.2. Railways
5.2.1.1.3. Airways
5.2.1.2. Solutions
5.2.1.2.1. Smart Ticketing
5.2.1.2.2. Traffic Management System
5.2.1.2.3. Parking Management
5.2.1.2.4. Traffic Surveillance
5.2.1.2.5. Passenger Information Management System
5.2.1.2.6. Freight Information System
5.2.1.2.7. Connected Vehicle
5.2.1.2.8. Others
5.2.1.3. Services
5.2.1.3.1. Consulting
5.2.1.3.2. Deployment and Integration
5.2.1.3.3. Infrastructure Monitoring and Management
5.2.2. By Smart Buildings
5.2.2.1. Type
5.2.2.2. Solutions
5.2.2.2.1. Building Energy Optimization
5.2.2.2.2. Hvac Control
5.2.2.2.3. Lighting Management
5.2.2.2.4. Energy Information Management
5.2.2.3. Services
5.2.2.3.1. Consulting
5.2.2.3.2. Deployment and Integration
5.2.2.3.3. Infrastructure Monitoring and Management
5.2.3. By Smart Utilities
5.2.3.1. Type
5.2.3.2. Solutions
5.2.3.2.1. Advanced Metering Infrastructure
5.2.3.2.1.1. Meter Data Management
5.2.3.2.1.2. Meter Data Analytics
5.2.3.2.1.3. Smart Meters
5.2.3.2.2. Distribution Management System
5.2.3.2.3. Substation Automation
5.2.3.2.4. Others
5.2.3.3. Services
5.2.3.3.1. Consulting
5.2.3.3.2. Deployment and Integration
5.2.3.3.3. Infrastructure Monitoring and Management
5.2.4. By Smart Citizens
5.2.4.1. Services
5.2.4.1.1. Smart Education
5.2.4.1.2. Smart Healthcare
5.2.4.1.3. Public Safety
5.2.4.1.4. Smart Street Lighting
5.2.5. By Region
5.2.5.1. Europe
5.2.5.2. North America
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa

6. Europe Smart Cities Market Overview

6.1. Europe Smart Cities Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Smart Cities Market Share & Forecast, 2016-2027
6.2.1. By Smart Transportation
6.2.1.1. Type
6.2.1.1.1. Roadways
6.2.1.1.2. Railways
6.2.1.1.3. Airways
6.2.1.2. Solutions
6.2.1.2.1. Smart Ticketing
6.2.1.2.2. Traffic Management System
6.2.1.2.3. Parking Management
6.2.1.2.4. Traffic Surveillance
6.2.1.2.5. Passenger Information Management System
6.2.1.2.6. Freight Information System
6.2.1.2.7. Connected Vehicle
6.2.1.2.8. Others
6.2.1.3. Services
6.2.1.3.1. Consulting
6.2.1.3.2. Deployment and Integration
6.2.1.3.3. Infrastructure Monitoring and Management
6.2.2. By Smart Buildings
6.2.2.1. Type
6.2.2.2. Solutions
6.2.2.2.1. Building Energy Optimization
6.2.2.2.2. Hvac Control
6.2.2.2.3. Lighting Management
6.2.2.2.4. Energy Information Management
6.2.2.3. Services
6.2.2.3.1. Consulting
6.2.2.3.2. Deployment and Integration
6.2.2.3.3. Infrastructure Monitoring and Management
6.2.3. By Smart Utilities
6.2.3.1. Type
6.2.3.2. Solutions
6.2.3.2.1. Advanced Metering Infrastructure
6.2.3.2.1.1. Meter Data Management
6.2.3.2.1.2. Meter Data Analytics
6.2.3.2.1.3. Smart Meters
6.2.3.2.2. Distribution Management System
6.2.3.2.3. Substation Automation
6.2.3.2.4. Others
6.2.3.3. Services
6.2.3.3.1. Consulting
6.2.3.3.2. Deployment and Integration
6.2.3.3.3. Infrastructure Monitoring and Management
6.2.4. By Smart Citizens
6.2.4.1. Services
6.2.4.1.1. Smart Education
6.2.4.1.2. Smart Healthcare
6.2.4.1.3. Public Safety
6.2.4.1.4. Smart Street Lighting
6.2.5. By Country
6.2.5.1. Germany
6.2.5.2. UK
6.2.5.3. France
6.2.5.4. Italy
6.2.5.5. Rest of Europe
6.2.6. Company Market Share (Top 3-5)
6.2.7. Economic Impact Study on Europe Smart Cities Market

7. North America Smart Cities Market Overview

7.1. North America Smart Cities Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Smart Cities Market Share & Forecast, 2016-2027
7.2.1. By Smart Transportation
7.2.1.1. Type
7.2.1.1.1. Roadways
7.2.1.1.2. Railways
7.2.1.1.3. Airways
7.2.1.2. Solutions
7.2.1.2.1. Smart Ticketing
7.2.1.2.2. Traffic Management System
7.2.1.2.3. Parking Management
7.2.1.2.4. Traffic Surveillance
7.2.1.2.5. Passenger Information Management System
7.2.1.2.6. Freight Information System
7.2.1.2.7. Connected Vehicle
7.2.1.2.8. Others
7.2.1.3. Services
7.2.1.3.1. Consulting
7.2.1.3.2. Deployment and Integration
7.2.1.3.3. Infrastructure Monitoring and Management
7.2.2. By Smart Buildings
7.2.2.1. Type
7.2.2.2. Solutions
7.2.2.2.1. Building Energy Optimization
7.2.2.2.2. Hvac Control
7.2.2.2.3. Lighting Management
7.2.2.2.4. Energy Information Management
7.2.2.3. Services
7.2.2.3.1. Consulting
7.2.2.3.2. Deployment and Integration
7.2.2.3.3. Infrastructure Monitoring and Management
7.2.3. By Smart Utilities
7.2.3.1. Type
7.2.3.2. Solutions
7.2.3.2.1. Advanced Metering Infrastructure
7.2.3.2.1.1. Meter Data Management
7.2.3.2.1.2. Meter Data Analytics
7.2.3.2.1.3. Smart Meters
7.2.3.2.2. Distribution Management System
7.2.3.2.3. Substation Automation
7.2.3.2.4. Others
7.2.3.3. Services
7.2.3.3.1. Consulting
7.2.3.3.2. Deployment and Integration
7.2.3.3.3. Infrastructure Monitoring and Management
7.2.4. By Smart Citizens
7.2.4.1. Services
7.2.4.1.1. Smart Education
7.2.4.1.2. Smart Healthcare
7.2.4.1.3. Public Safety
7.2.4.1.4. Smart Street Lighting
7.2.5. By Country
7.2.5.1. US
7.2.5.2. Canada
7.2.5.3. Mexico
7.2.6. Company Market Share (Top 3-5)
7.2.7. Economic Impact Study on North America Smart Cities Market

8. Asia Pacific Smart Cities Market Overview

8.1. Asia Pacific Smart Cities Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Smart Cities Market Share & Forecast, 2016-2027
8.2.1. By Smart Transportation
8.2.1.1. Type
8.2.1.1.1. Roadways
8.2.1.1.2. Railways
8.2.1.1.3. Airways
8.2.1.2. Solutions
8.2.1.2.1. Smart Ticketing
8.2.1.2.2. Traffic Management System
8.2.1.2.3. Parking Management
8.2.1.2.4. Traffic Surveillance
8.2.1.2.5. Passenger Information Management System
8.2.1.2.6. Freight Information System
8.2.1.2.7. Connected Vehicle
8.2.1.2.8. Others
8.2.1.3. Services
8.2.1.3.1. Consulting
8.2.1.3.2. Deployment and Integration
8.2.1.3.3. Infrastructure Monitoring and Management
8.2.2. By Smart Buildings
8.2.2.1. Type
8.2.2.2. Solutions
8.2.2.2.1. Building Energy Optimization
8.2.2.2.2. Hvac Control
8.2.2.2.3. Lighting Management
8.2.2.2.4. Energy Information Management
8.2.2.3. Services
8.2.2.3.1. Consulting
8.2.2.3.2. Deployment and Integration
8.2.2.3.3. Infrastructure Monitoring and Management
8.2.3. By Smart Utilities
8.2.3.1. Type
8.2.3.2. Solutions
8.2.3.2.1. Advanced Metering Infrastructure
8.2.3.2.1.1. Meter Data Management
8.2.3.2.1.2. Meter Data Analytics
8.2.3.2.1.3. Smart Meters
8.2.3.2.2. Distribution Management System
8.2.3.2.3. Substation Automation
8.2.3.2.4. Others
8.2.3.3. Services
8.2.3.3.1. Consulting
8.2.3.3.2. Deployment and Integration
8.2.3.3.3. Infrastructure Monitoring and Management
8.2.4. By Smart Citizens
8.2.4.1. Services
8.2.4.1.1. Smart Education
8.2.4.1.2. Smart Healthcare
8.2.4.1.3. Public Safety
8.2.4.1.4. Smart Street Lighting
8.2.5. By Country
8.2.5.1. Brazil
8.2.5.2. Argentina
8.2.5.3. Rest of South America
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Impact Study on South America Smart Cities Market

9. Middle East & Africa Smart Cities Market Overview

9.1. Middle East & Africa Smart Cities Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. Middle East & Africa Smart Cities Market Share & Forecast, 2016-2027
9.2.1. By Smart Transportation
9.2.1.1. Type
9.2.1.1.1. Roadways
9.2.1.1.2. Railways
9.2.1.1.3. Airways
9.2.1.2. Solutions
9.2.1.2.1. Smart Ticketing
9.2.1.2.2. Traffic Management System
9.2.1.2.3. Parking Management
9.2.1.2.4. Traffic Surveillance
9.2.1.2.5. Passenger Information Management System
9.2.1.2.6. Freight Information System
9.2.1.2.7. Connected Vehicle
9.2.1.2.8. Others
9.2.1.3. Services
9.2.1.3.1. Consulting
9.2.1.3.2. Deployment and Integration
9.2.1.3.3. Infrastructure Monitoring and Management
9.2.2. By Smart Buildings
9.2.2.1. Type
9.2.2.2. Solutions
9.2.2.2.1. Building Energy Optimization
9.2.2.2.2. Hvac Control
9.2.2.2.3. Lighting Management
9.2.2.2.4. Energy Information Management
9.2.2.3. Services
9.2.2.3.1. Consulting
9.2.2.3.2. Deployment and Integration
9.2.2.3.3. Infrastructure Monitoring and Management
9.2.3. By Smart Utilities
9.2.3.1. Type
9.2.3.2. Solutions
9.2.3.2.1. Advanced Metering Infrastructure
9.2.3.2.1.1. Meter Data Management
9.2.3.2.1.2. Meter Data Analytics
9.2.3.2.1.3. Smart Meters
9.2.3.2.2. Distribution Management System
9.2.3.2.3. Substation Automation
9.2.3.2.4. Others
9.2.3.3. Services
9.2.3.3.1. Consulting
9.2.3.3.2. Deployment and Integration
9.2.3.3.3. Infrastructure Monitoring and Management
9.2.4. By Smart Citizens
9.2.4.1. Services
9.2.4.1.1. Smart Education
9.2.4.1.2. Smart Healthcare
9.2.4.1.3. Public Safety
9.2.4.1.4. Smart Street Lighting
9.2.5. By Country
9.2.5.1. Saudi Arabia
9.2.5.2. UAE
9.2.5.3. South Africa
9.2.5.4. Rest of Middle East & Africa
9.2.6. Company Market Share (Top 3-5)
9.2.7. Economic Impact Study on Middle East & Africa Smart Cities Market

10. Competitor Analysis

10.1. Company Description
10.2. Financial Analysis
10.3. Key Products
10.4. Key Management Personnel
10.5. Contact Address
10.6. SWOT Analysis
10.7. Company Profile
10.7.1. Cisco Systems
10.7.2. IBM
10.7.3. Siemens AG
10.7.4. Schneider Electric
10.7.5. Ericsson
10.7.6. Vodafone
10.7.7. Itron Inc.
10.7.8. Verizon
10.7.9. Telensa
10.7.10. ABB
10.7.11. Honeywell International Inc.
10.7.12. SAP SE
10.7.13. KAPSCH Group
10.7.14. AGT International
10.7.15. Other Prominent Players

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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