Market Analysis and Insights: Global Smart Cities Market
A smart city uses ICT, including mobile networks, to improve the quality of livelihood in a sustainable way. A smart city combines and shares disparate comprehensive data sets captured by intelligently-connected infrastructure, people, and vehicles, to generate new insights. It also provides ubiquitous services that enable citizens to access information about city administrative services, improve the efficiency of city operations, enhance security levels, fuel economic activity, and even increase resilience to natural disasters.
The global Smart Cities market size is projected to reach US$ 642790 million by 2028, from US$ 311370 million in 2021, at a CAGR of 10.4% during 2022-2028.
Among regions, APAC is projected to have the largest market share by 2023 and is expected to lead the smart cities market, in terms of growth, from 2018 to 2023.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart Cities market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart Cities market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart Cities market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart Cities market.
Global Smart Cities Scope and Market Size
Smart Cities market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Smart Cities market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Solution
Services
Segment by Application
Smart Security
Smart Infrastructure
Smart Energy
Smart Governance and Smart Education
Smart Building
Smart Healthcare
Smart Mobility
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
IBM
Cisco
Microsoft
Oracle
Schneider Electric
Siemens
Ericsson
Hitachi
Huawei
Toshiba
GE
Google
Honeywell
HP