Global Smart City ICT Infrastructure Market Growth (Status and Outlook) 2023-2029

Global Smart City ICT Infrastructure Market Growth (Status and Outlook) 2023-2029

IoT technology enables city planners to gain insights into different aspect of city management by enabling different devices to interconnect. It helps to manage large complex environments, understand the state of the city, and collaborate with different departments to produce cumulative results. There are a number of initiatives by IT and communication service providers. These increasing initiatives are increasing the popularity of the smart city concept across the globe.

LPI (LP Information)' newest research report, the “Smart City ICT Infrastructure Industry Forecast” looks at past sales and reviews total world Smart City ICT Infrastructure sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart City ICT Infrastructure sales for 2023 through 2029. With Smart City ICT Infrastructure sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart City ICT Infrastructure industry.

This Insight Report provides a comprehensive analysis of the global Smart City ICT Infrastructure landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart City ICT Infrastructure portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart City ICT Infrastructure market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart City ICT Infrastructure and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart City ICT Infrastructure.

The global Smart City ICT Infrastructure market size is projected to grow from US$ 944880 million in 2022 to US$ 3369420 million in 2029; it is expected to grow at a CAGR of 19.9% from 2023 to 2029.

Global Smart City ICT Infrastructure main players are Cisco, Huawei, Nokia(Nokia(Alcatel-Lucent)), Ericsson, etc. Global top four manufacturers hold a share over 20%. America is the largest market, with a share nearly 35%.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart City ICT Infrastructure market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Smart Grid
Smart Building
Smart Water Network
Smart Healthcare
Smart Education
Smart Security
Smart Transport

Segmentation by application
Communications
Transportation
Express
Government
Education
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cisco
IBM
Oracle
Huawei
AT&T
China Mobile
NTT Communications
Verizon Communications
Vodafone
ABB
Hitachi
Honeywell
Siemens
Nokia(Alcatel-Lucent)
Deutsche Telekom
Ericsson
HP
Microsoft
Schneider Electric
Telefonica

Please note: The report will take approximately 2 business days to prepare and deliver.