Smart City Platform Market By Offerings (Platform, Service), By Deployment Model (On Premise, Cloud), By Application (Smart Infrastructure, Smart Governance and Smart Education, Smart Energy, Smart Mobility, Smart Healthcare, Smart Buildings, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
A smart city platform is defined as a framework for sensing, integration, communication, and for intelligent decision-making. The smart city platform enhances the capabilities for cloud computing, analytics, legacy data, streamed data, connected devices, networks, and others. It has a wide scope of applications in transportation, infrastructure, utilities, and others.
Surge in adoption of smart cities in multiple regions is driving the smart city platform market. Moreover, a growing number of projects under various government smart city initiatives and rise in the need for better natural resource management in urban environments are further anticipated to support the growth of smart city platform industry. In addition, growth in the need for public safety and security fuels the growth of the smart city platform market. However, security concerns associated with smart cities and lack of funding & adequate infrastructure limit the growth of this market. Conversely, the emergence of artificial intelligence in smart cities and rise in the IoT market and its application in smart cities are anticipated to provide numerous opportunities for the expansion of the market during the forecast period.
The smart city platform market is segmented on the basis of offerings, deployment model, application, and region. By offerings, the market is bifurcated into platform and service. By deployment model, the market is segmented into on-premise and cloud. Based on application, the market is divided into smart infrastructure, smart governance and smart education, smart energy, smart mobility, smart healthcare, smart buildings, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the Smart City Platform market analysis are Alibaba Group Holding Limited, Amazon Web Services, Inc., Bosch.IO GmbH, Quantela, Inc., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Fujitsu Limited, Fybr, Google LLC, Hitachi, Ltd., Huawei Technologies Co., Ltd., International Business Machines Corporation, Intel Corporation, KaaIoT Technologies, LLC, Microsoft Corporation, NEC Corporation, Oracle Corporation, and SAP SE. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the smart city platform market analysis from 2021 to 2031 to identify the prevailing smart city platform market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the smart city platform market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global smart city platform market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Offerings
Platform
Platform Type
Connectivity Management Platform
Integration Platform
Device Management Platform
Security Platform
Data Management Platform
Service
Service Type
Professional Service
Managed Service
By Deployment Model
On Premise
Cloud
By Application
Smart Infrastructure
Smart Governance and Smart Education
Smart Energy
Smart Mobility
Smart Healthcare
Smart Buildings
Others
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest Of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest Of Asia-Pacific
LAMEA
Brazil
Mexico
UAE
Saudi Arabia
South Africa
Rest Of LAMEA
Key Market Players
Alibaba Group Holding Limited
Amazon Web Services, Inc.
Bosch.IO GmbH
Quantela, Inc.
Cisco Systems, Inc.
Telefonaktiebolaget LM Ericsson
Fujitsu Limited
Fybr
Google LLC
Hitachi, Ltd.
Huawei Technologies Co., Ltd.
International Business Machines Corporation
Intel Corporation
KaaIoT Technologies, LLC.
Microsoft Corporation
NEC Corporation
Oracle Corporation
SAP SE
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