Global Smart Cities Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Smart Cities Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Smart Cities market size was valued at USD 320380 million in 2023 and is forecast to a readjusted size of USD 622470 million by 2030 with a CAGR of 10.0% during review period.

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.

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.

The Global Info Research report includes an overview of the development of the Smart Cities industry chain, the market status of Smart Security (Solution, Services), Smart Infrastructure (Solution, Services), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Smart Cities.

Regionally, the report analyzes the Smart Cities markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Smart Cities market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Smart Cities market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Smart Cities industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Solution, Services).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Smart Cities market.

Regional Analysis: The report involves examining the Smart Cities market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Smart Cities market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Smart Cities:

Company Analysis: Report covers individual Smart Cities players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Smart Cities This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Smart Security, Smart Infrastructure).

Technology Analysis: Report covers specific technologies relevant to Smart Cities. It assesses the current state, advancements, and potential future developments in Smart Cities areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Smart Cities market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Smart Cities market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Solution
Services

Market segment by Application
Smart Security
Smart Infrastructure
Smart Energy
Smart Governance and Smart Education
Smart Building
Smart Healthcare
Smart Mobility

Market segment by players, this report covers
IBM
Cisco
Microsoft
Oracle
Schneider Electric
Siemens
Ericsson
Hitachi
Huawei
Toshiba
GE
Google
Honeywell
HP

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Smart Cities product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Smart Cities, with revenue, gross margin and global market share of Smart Cities from 2019 to 2024.

Chapter 3, the Smart Cities competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Smart Cities market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Smart Cities.

Chapter 13, to describe Smart Cities research findings and conclusion.