Global Smart City Platforms Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 230
- CATEGORY
- Information Technology
Market Overview:
The global smart city platforms market size is expected to grow from USD 148.7 billion in 2022 to USD 286.0 billion by 2032, at a CAGR of 11.2% during the forecast period. The Smart City Platforms Market refers to the technology platforms that facilitate the integration of various components of a smart city ecosystem, such as sensors, devices, networks, data analytics, and applications, to enable efficient management of urban services and resources. These platforms leverage emerging technologies such as the Internet of Things (IoT), big data, cloud computing, artificial intelligence (AI), and blockchain to provide solutions for smart mobility, smart infrastructure, smart energy, and other urban applications. The increasing demand for advanced urban services, such as smart transportation, smart energy management, and efficient waste management, is driving the growth of the Smart City Platforms Market. Moreover, the rise in government initiatives and investments in smart city projects is also fueling Smart City Platforms Market growth. Additionally, the growing awareness and adoption of sustainable technologies, coupled with the need for real-time data analytics and insights for efficient urban planning and decision-making, are expected to further boost the demand for Smart City Platforms Market in the coming years.
Driver: Growing need for efficient and sustainable management is propelling Smart City Platforms Market growth.
One driving factor of the Smart City Platforms market is the increasing urbanization and the need for efficient and sustainable management of urban infrastructure. With the rapid growth of population in urban areas, there is a need for cities to become smarter and more connected to address the challenges of traffic congestion, energy consumption, waste management, and public safety. Smart city platforms provide an integrated approach to manage various urban systems and services, such as transportation, energy, water, waste, and public safety, using advanced technologies like IoT, AI, and big data analytics. This leads to better resource utilization, reduced operational costs, and enhanced quality of life for citizens. As a result, the demand for Smart City Platforms Market is expected to grow significantly in the coming years.
Segmentation:
By Platform Type:
· Connectivity Management Platform
· Integration Platform
· Device Management Platform
· Security Platform
· Data Management Platform
· Analytics Platform
By Service Type:
· Professional Services
· Managed Services
By Deployment model:
· Cloud-based
· On-premise
By Application:
· Smart Transportation
· Smart Energy and Utilities
· Smart Public Safety
· Smart Environment
· Smart Building
· Others
Geographical Analysis:
The smart city platforms market is currently dominated by the North American region, specifically the United States, due to the presence of major players in Smart City Platforms Market, high government investments in smart city projects, and the presence of advanced infrastructure to support the deployment of smart city solutions. However, the Asia-Pacific region is expected to witness the highest growth rate in the Smart City Platforms Market in the coming years, due to increasing urbanization and government initiatives to build smart cities in countries like China and India.
Demand-Supply Analysis: Global Smart City Platforms Market:
There has been a significant increase in investments in smart city projects worldwide, leading to the increased adoption of smart city platforms. For instance, in 2020, the Indian government announced an investment of USD 1.4 billion to develop 100 smart cities in the country. The growing popularity of the Internet of Things (IoT) and connected devices has led to the increased adoption of smart city platforms. These platforms enable cities to collect and analyze data from various IoT sensors, helping them to make informed decisions and improve the quality of life of their citizens. The increasing focus on sustainability and reducing carbon footprint has led to the adoption of smart city platforms that enable cities to monitor and manage their energy consumption, waste management, and transportation systems.
In terms of demand analysis, Smart City Platforms Market for smart city platforms is expected to grow significantly in the coming years. The increasing adoption of smart city projects by governments across the world, along with the growing popularity of IoT and focus on sustainability, are some of the major factors driving the demand for smart city platforms. Additionally, the increasing use of advanced technologies such as artificial intelligence, machine learning, and big data analytics in smart city platforms is expected to further boost the demand for these platforms in the coming years.
Impact of the Russia-Ukraine War on the global Smart City Platforms Market:
The impact of the Russia-Ukraine war on the Smart City Platforms market is not straightforward, as it depends on a variety of factors, such as the involvement of specific companies and their operations in the affected regions. However, there are some potential impacts that may be worth considering:
· Disruption of supply chains: If any Smart City Platforms companies rely on suppliers or manufacturing facilities located in the affected regions, they may experience disruptions in their supply chains, which could impact their ability to deliver products and services to customers.
· Economic uncertainty: The war may create economic uncertainty, which could lead to fluctuations in currency values, changes in trade policies, and other market factors that could impact the Smart City Platforms market.
· Government initiatives: Governments in affected regions may need to redirect resources to military efforts, potentially leading to delays or changes in planned Smart City initiatives or funding.
· Increased demand for Smart City technologies: On the other hand, the war may also increase the demand for Smart City technologies as governments and cities look to improve infrastructure and security measures.
Overall, the impact of the Russia-Ukraine war on the Smart City Platforms market is likely to be complex and multifaceted, and it will likely depend on a range of factors beyond the immediate conflict.
Company Profiles:
· Cisco Systems Inc.
· Huawei Technologies Co. Ltd.
· IBM Corporation
· Siemens AG
· Microsoft Corporation
· Hitachi Ltd.
· Intel Corporation
· General Electric Company
· Oracle Corporation
· Schneider Electric SE
· SAP SE
· Ericsson AB
· Honeywell International Inc.
· Toshiba Corporation
· ABB Ltd.
Why to buy this Report?
Market research: The report provides valuable insights into market trends, growth opportunities, and competitive landscapes. By reading a technology report, businesses and investors can gain a better understanding of Smart City Platforms Market they are operating in or considering entering, and make more informed decisions based on data and analysis.
Competitive analysis: The report reports provide detailed information on competitors' strengths, weaknesses, and strategies, which can help businesses identify potential threats and opportunities in Smart City Platforms Market.
Innovation: The report provides insights into emerging technologies and trends, which can help businesses stay up-to-date with the latest developments and make informed decisions about where to invest their resources.
Due diligence: The report can be used by investors and acquirers as part of their due diligence process when considering investing in or acquiring a technology company. These reports can provide valuable information on the company's financials, technology, market position, and other key factors.
Key Points:
Define, describe and forecast Smart City Platforms product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Historic Year: 2016-2022
Forecast: 2024-2035
1 Smart City Platforms Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Smart City Platforms
1.3 Smart City Platforms Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Smart City Platforms
1.4.2 Applications of Smart City Platforms
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Nokia Corporation Market Performance Analysis
3.1.1 Nokia Corporation Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Nokia Corporation Sales, Value, Price, Gross Margin 2016-2021
3.2 Huawei Technologies Co. Ltd Market Performance Analysis
3.2.1 Huawei Technologies Co. Ltd Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Huawei Technologies Co. Ltd Sales, Value, Price, Gross Margin 2016-2021
3.3 Ericsson Inc. Market Performance Analysis
3.3.1 Ericsson Inc. Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Ericsson Inc. Sales, Value, Price, Gross Margin 2016-2021
3.4 Honeywell International Inc. Market Performance Analysis
3.4.1 Honeywell International Inc. Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Honeywell International Inc. Sales, Value, Price, Gross Margin 2016-2021
3.5 Cisco Systems Inc. Market Performance Analysis
3.5.1 Cisco Systems Inc. Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Cisco Systems Inc. Sales, Value, Price, Gross Margin 2016-2021
3.6 Koninklijke Philips NV Market Performance Analysis
3.6.1 Koninklijke Philips NV Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Koninklijke Philips NV Sales, Value, Price, Gross Margin 2016-2021
3.7 Siemens AG Market Performance Analysis
3.7.1 Siemens AG Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Siemens AG Sales, Value, Price, Gross Margin 2016-2021
3.8 Schneider Electric SE Market Performance Analysis
3.8.1 Schneider Electric SE Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Schneider Electric SE Sales, Value, Price, Gross Margin 2016-2021
3.9 IBM Corporation Market Performance Analysis
3.9.1 IBM Corporation Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 IBM Corporation Sales, Value, Price, Gross Margin 2016-2021
3.10 Emerson Electric Co. Market Performance Analysis
3.10.1 Emerson Electric Co. Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Emerson Electric Co. Sales, Value, Price, Gross Margin 2016-2021
3.11 General Electric Co. Market Performance Analysis
3.11.1 General Electric Co. Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 General Electric Co. Sales, Value, Price, Gross Margin 2016-2021
3.12 ABB Ltd Market Performance Analysis
3.12.1 ABB Ltd Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 ABB Ltd Sales, Value, Price, Gross Margin 2016-2021
3.13 Hitachi Ltd Market Performance Analysis
3.13.1 Hitachi Ltd Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Hitachi Ltd Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Smart City Platforms Production and Value by Type
4.1.1 Global Smart City Platforms Production by Type 2016-2021
4.1.2 Global Smart City Platforms Market Value by Type 2016-2021
4.2 Global Smart City Platforms Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 On-premise Market Production, Value and Growth Rate
4.2.2 Cloud Market Production, Value and Growth Rate
4.3 Global Smart City Platforms Production and Value Forecast by Type
4.3.1 Global Smart City Platforms Production Forecast by Type 2021-2026
4.3.2 Global Smart City Platforms Market Value Forecast by Type 2021-2026
4.4 Global Smart City Platforms Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 On-premise Market Production, Value and Growth Rate Forecast
4.4.2 Cloud Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Smart City Platforms Consumption and Value by Application
5.1.1 Global Smart City Platforms Consumption by Application 2016-2021
5.1.2 Global Smart City Platforms Market Value by Application 2016-2021
5.2 Global Smart City Platforms Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Smart Mobility/Transportation Market Consumption, Value and Growth Rate
5.2.2 Smart Security Market Consumption, Value and Growth Rate
5.2.3 Smart Utilities Market Consumption, Value and Growth Rate
5.2.4 Smart Governance Market Consumption, Value and Growth Rate
5.2.5 Smart Infrastructure Market Consumption, Value and Growth Rate
5.2.6 Smart Healthcare Market Consumption, Value and Growth Rate
5.2.7 Other Applications Market Consumption, Value and Growth Rate
5.3 Global Smart City Platforms Consumption and Value Forecast by Application
5.3.1 Global Smart City Platforms Consumption Forecast by Application 2021-2026
5.3.2 Global Smart City Platforms Market Value Forecast by Application 2021-2026
5.4 Global Smart City Platforms Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Smart Mobility/Transportation Market Consumption, Value and Growth Rate Forecast
5.4.2 Smart Security Market Consumption, Value and Growth Rate Forecast
5.4.3 Smart Utilities Market Consumption, Value and Growth Rate Forecast
5.4.4 Smart Governance Market Consumption, Value and Growth Rate Forecast
5.4.5 Smart Infrastructure Market Consumption, Value and Growth Rate Forecast
5.4.6 Smart Healthcare Market Consumption, Value and Growth Rate Forecast
5.4.7 Other Applications Market Consumption, Value and Growth Rate Forecast
6 Global Smart City Platforms by Region, Historical Data and Market Forecasts
6.1 Global Smart City Platforms Sales by Region 2016-2021
6.2 Global Smart City Platforms Market Value by Region 2016-2021
6.3 Global Smart City Platforms Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Smart City Platforms Sales Forecast by Region 2021-2026
6.5 Global Smart City Platforms Market Value Forecast by Region 2021-2026
6.6 Global Smart City Platforms Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Smart City Platforms Value and Market Growth 2016-2021
7.2 United State Smart City Platforms Sales and Market Growth 2016-2021
7.3 United State Smart City Platforms Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Smart City Platforms Value and Market Growth 2016-2021
8.2 Canada Smart City Platforms Sales and Market Growth 2016-2021
8.3 Canada Smart City Platforms Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Smart City Platforms Value and Market Growth 2016-2021
9.2 Germany Smart City Platforms Sales and Market Growth 2016-2021
9.3 Germany Smart City Platforms Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Smart City Platforms Value and Market Growth 2016-2021
10.2 UK Smart City Platforms Sales and Market Growth 2016-2021
10.3 UK Smart City Platforms Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Smart City Platforms Value and Market Growth 2016-2021
11.2 France Smart City Platforms Sales and Market Growth 2016-2021
11.3 France Smart City Platforms Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Smart City Platforms Value and Market Growth 2016-2021
12.2 Italy Smart City Platforms Sales and Market Growth 2016-2021
12.3 Italy Smart City Platforms Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Smart City Platforms Value and Market Growth 2016-2021
13.2 Spain Smart City Platforms Sales and Market Growth 2016-2021
13.3 Spain Smart City Platforms Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Smart City Platforms Value and Market Growth 2016-2021
14.2 Russia Smart City Platforms Sales and Market Growth 2016-2021
14.3 Russia Smart City Platforms Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Smart City Platforms Value and Market Growth 2016-2021
15.2 China Smart City Platforms Sales and Market Growth 2016-2021
15.3 China Smart City Platforms Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Smart City Platforms Value and Market Growth 2016-2021
16.2 Japan Smart City Platforms Sales and Market Growth 2016-2021
16.3 Japan Smart City Platforms Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Smart City Platforms Value and Market Growth 2016-2021
17.2 South Korea Smart City Platforms Sales and Market Growth 2016-2021
17.3 South Korea Smart City Platforms Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Smart City Platforms Value and Market Growth 2016-2021
18.2 Australia Smart City Platforms Sales and Market Growth 2016-2021
18.3 Australia Smart City Platforms Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Smart City Platforms Value and Market Growth 2016-2021
19.2 Thailand Smart City Platforms Sales and Market Growth 2016-2021
19.3 Thailand Smart City Platforms Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Smart City Platforms Value and Market Growth 2016-2021
20.2 Brazil Smart City Platforms Sales and Market Growth 2016-2021
20.3 Brazil Smart City Platforms Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Smart City Platforms Value and Market Growth 2016-2021
21.2 Argentina Smart City Platforms Sales and Market Growth 2016-2021
21.3 Argentina Smart City Platforms Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Smart City Platforms Value and Market Growth 2016-2021
22.2 Chile Smart City Platforms Sales and Market Growth 2016-2021
22.3 Chile Smart City Platforms Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Smart City Platforms Value and Market Growth 2016-2021
23.2 South Africa Smart City Platforms Sales and Market Growth 2016-2021
23.3 South Africa Smart City Platforms Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Smart City Platforms Value and Market Growth 2016-2021
24.2 Egypt Smart City Platforms Sales and Market Growth 2016-2021
24.3 Egypt Smart City Platforms Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Smart City Platforms Value and Market Growth 2016-2021
25.2 UAE Smart City Platforms Sales and Market Growth 2016-2021
25.3 UAE Smart City Platforms Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Smart City Platforms Value and Market Growth 2016-2021
26.2 Saudi Arabia Smart City Platforms Sales and Market Growth 2016-2021
26.3 Saudi Arabia Smart City Platforms Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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