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Smart Cities Market by Solution and Services for Focus Areas - Global Forecast to 2020

  • ID: 3721732
  • May 2016
  • Region: Global
  • 217 Pages
  • Markets and Markets
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Smart Cities Market Size Estimated to Grow from USD 312.03 Billion in 2015 to USD 757.74 Billion by 2020, at an Estimated CAGR of 19.4%

FEATURED COMPANIES

  • Cisco Systems, Inc.
  • Ericsson
  • Hitachi, Ltd.
  • Microsoft Corporation
  • Oracle Corporation
  • Schneider Electric SE
  • MORE

"Smart Cities Market by Solution and Services for Focus Areas (Transportation - Rail & Road, Utilities - Energy, Water, & Gas, Buildings - Commercial & Residential, and Smart Citizen Services - Education, Healthcare, & Security) - Global Forecast to 2020"

"Technological advancements in Information and Communication Technology (ICT) and growing demographics & hyper-urbanization are the major driving factors for the smart cities market"

The smart cities market size is estimated to grow from USD 312.03 billion in 2015 to USD 757.74 billion by 2020, at an estimated CAGR of 19.4%. The driving factors for the growth of smart cities market are technological advancements in the field of IoT, cloud, sensors, & mobility; growing demographics & hyper-urbanization; government initiatives; growing energy consumption & requirement for optimization of energy usage during peak hours; increasing share of renewable energy and limitations in capacity expansion; and decrease in operational cost of smart building infrastructures in capacity expansion.

"Building segment in smart cities focus areas to gain maximum traction during the forecast period"

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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Cisco Systems, Inc.
  • Ericsson
  • Hitachi, Ltd.
  • Microsoft Corporation
  • Oracle Corporation
  • Schneider Electric SE
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Bottom-Up Approach
2.3 Market Breakdown and Data Triangulation
2.3.1 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Smart Cities Market
4.2 Smart Cities Market: Focus Areas
4.3 Global Market, By Region and Focus Areas
4.4 Market Potential
4.5 Market By Building (2020)
4.6 Market Size, By Transportation Solution (2015-2020)
4.7 Smart Cities Regional Market
4.8 Lifecycle Analysis, By Region, 2015

5 Market Overview
5.1 Introduction
5.2 Smart Cities: Evolution
5.3 Market Segmentation
5.3.1 By Focus Area
5.3.2 By Transportation
5.3.2.1 Smart Transportation, By Solution
5.3.2.2 Smart Transportation, By Service
5.3.3 By Utility
5.3.3.1 Smart Utilities, By Solution
5.3.3.2 Smart Utilities, By Service
5.3.4 By Building
5.3.4.1 Smart Building, By Solution
5.3.4.2 Smart Building, By Service
5.3.5 By Smart Citizen Services
5.3.6 By Enabling Technology
5.3.7 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Technological Advancements
5.4.1.2 Growing Demographics and Hyper-Urbanization
5.4.1.3 Government Initiatives
5.4.1.4 Growing Energy Consumption and Requirement to Achieve Optimum Energy Usage During Peak Hours
5.4.1.5 Increasing Share of Renewable Energy and Limitations in Capacity Expansion
5.4.1.6 Decrease in Operational Cost for Smart Building Infrastructures in Capacity Expansion
5.4.2 Restraints
5.4.2.1 Low Levels of Operational Efficiency in Emerging Countries
5.4.2.2 Absence Or Lack of Robust Telecom and Networking Infrastructures in Developing Economies
5.4.2.3 Lack of Standardized Regulatory Frameworks for Energy Sectors
5.4.3 Opportunities
5.4.3.1 Evolution of Internet of Things
5.4.3.2 Increasing Globalization
5.4.3.3 Environmental Concerns and Green Initiatives
5.4.3.4 Developing Economies and Emerging Hotspots for Smart Cities Technology Growth
5.4.4 Challenges
5.4.4.1 Lack of Public Awareness
5.4.4.2 Huge Initial Investment and High Maintenance Cost

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Standards and Regulations
6.3.1 Introduction
6.3.2 Cloud Computing Association
6.3.3 3rd Generation Partnership Project
6.3.4 Storage Networking Industry Association
6.3.5 International Organization for Standardization
6.3.6 International Electrotechnical Commission
6.3.7 International Telecommunication Union
6.4 Ecosystem
6.5 Strategic Benchmarking

7 Smart Cities Market Analysis, By Focus Area
7.1 Introduction
7.2 Transportation
7.2.1 Smart Railways
7.2.2 Smart Roadways
7.3 Utilities
7.3.1 Energy/Power
7.3.2 Water
7.3.3 Gas
7.3.4 Others
7.4 Buildings
7.4.1 Commercial
7.4.2 Residential
7.5 Smart Citizen Services

8 Smart Cities Market Analysis, By Transportation
8.1 Introduction
8.2 Smart Transportation By Solution
8.2.1 Traffic Management and Automated Driver Guidance System
8.2.1.1 Smart Signaling
8.2.1.2 Automated Route Guidance System
8.2.1.3 Predictive Traffic Analytics
8.2.2 Parking Management
8.2.2.1 Ticketing, Parking Fee, and Revenue Management
8.2.2.2 Automated Parking Guidance and Slot Management
8.2.3 Passenger Management and Travel Experience Enhancement System
8.2.3.1 Smart Ticketing
8.2.3.2 Entertainment and Travel Assistance System
8.2.3.3 Smart Transportation Communication Network
8.2.3.4 Predictive Analytics for Passenger Travel
8.2.4 Freight Management
8.2.5 Transport Data Management
8.3 Smart Transportation By Service
8.3.1 Infrastructure Monitoring and Management
8.3.2 Planning and Consulting
8.3.3 Integration

9 Smart Cities Market Analysis, By Utilities
9.1 Introduction
9.2 Smart Utilities By Solution
9.2.1 Smart Metering and Meter Data Management
9.2.2 Smart Distribution Management System
9.2.3 Meter Data Analytics
9.2.4 Other Solutions
9.3 Smart Utilities By Service
9.3.1 Infrastructure Monitoring and Management
9.3.2 Planning and Consulting
9.3.3 Integration

10 Smart Cities Market Analysis, By Building
10.1 Introduction
10.2 Smart Buildings By Solution
10.2.1 Parking Management
10.2.1.1 Parking Ticket and Revenue Management System
10.2.1.2 Access Control
10.2.1.3 Automated Parking Guidance
10.2.1.4 Parking Reservation and Slot Management
10.2.2 Facility Management and Energy Optimization
10.2.2.1 Building Energy Management Systems
10.2.2.2 Emergency Response Management
10.2.2.3 Others (Smart Lighting, HVAC Controls)
10.2.3 In-Building Communication
10.3 Smart Buildings, By Service
10.3.1 Infrastructure Monitoring and Management
10.3.2 Planning and Consulting
10.3.3 Integration

11 Smart Cities Market Analysis, By Smart Citizen Service
11.1 Introduction
11.2 Smart Education
11.3 Smart Healthcare
11.4 Security and Threat Management

12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia-Pacific
12.5 Latin America
12.6 Middle East and Africa

13 Competitive Landscape
13.1 Overview
13.2 Competitive Situations and Trends
13.2.1 Partnerships, Agreements, and Collaborations
13.2.2 New Product Launches
13.2.3 Mergers and Acquisitions
13.2.4 Business Expansions

14 Company Profiles
14.1 Introduction
14.2 International Business Machines (IBM) Corporation
14.2.1 Business Overview
14.2.2 Solutions and Services Offered
14.2.3 Recent Developments
14.2.4 View
14.2.4.1 Key Strategies
14.2.4.2 SWOT Analysis
14.3 Cisco Systems, Inc.
14.3.1 Business Overview
14.3.2 Solutions and Services Offered
14.3.3 Recent Developments
14.3.4 View
14.3.4.1 Key Strategies
14.3.4.2 SWOT Analysis
14.4 Microsoft Corporation
14.4.1 Business Overview
14.4.2 Solutions and Services Offered
14.4.3 Recent Developments
14.4.4 View
14.4.4.1 Key Strategies
14.4.4.2 SWOT Analysis
14.5 Schneider Electric SE
14.5.1 Business Overview
14.5.2 Solutions and Services Offered
14.5.3 Recent Developments
14.5.4 View
14.5.4.1 Key Strategies
14.5.4.2 SWOT Analysis
14.6 Siemens AG
14.6.1 Business Overview
14.6.2 Solutions and Services Offered
14.6.3 Recent Developments
14.6.4 View
14.6.4.1 Key Strategies
14.6.4.2 SWOT Analysis
14.7 Oracle Corporation
14.7.1 Business Overview
14.7.2 Solutions and Services Offered
14.7.3 Recent Developments
14.7.4 View
14.7.4.1 Key Strategies
14.8 Huawei Investment & Holding Co., Ltd.
14.8.1 Business Overview
14.8.2 Solutions and Services Offered
14.8.3 Recent Developments
14.8.4 View
14.8.4.1 Key Strategies
14.9 Ericsson
14.9.1 Business Overview
14.9.2 Solutions and Services Offered
14.9.3 Recent Developments
14.9.4 View
14.9.4.1 Key Strategies
14.10 Toshiba Corporation
14.10.1 Business Overview
14.10.2 Solutions and Services Offered
14.10.3 Recent Developments
14.10.4 View
14.10.4.1 Key Strategies
14.11 Hitachi, Ltd.
14.11.1 Business Overview
14.11.2 Solutions and Services Offered
14.11.3 Recent Developments
14.11.4 View
14.11.4.1 Key Strategies

15 Key Innovators
15.1 SAP SE
15.2 ABB Ltd.
15.3 General Electric Company
15.4 Silver Spring Networks, Inc.
15.5 AGT International
15.6 Itron, Inc.
15.7 Alstom SA
15.8 Kapsch Group Beteiligungs Gmbh
15.9 Alcatel Lucent SA
15.10 Honeywell International Inc.
15.11 Maven Systems Pvt. Ltd.

16 Appendix
16.1 Industry Excerpts
16.2 Discussion Guide
16.3 Introducing RT: Real Time Market Intelligence
16.4 Available Customizations
16.4.1 Product Analysis
16.4.1.1 Product Matrix Which Gives A Detailed Comparison of Product Portfolio of Each Company
16.4.1.2 Smart City Projects By Regions
16.4.1.3 Further Break Down of Each Transportation Solution Segment Across Regions -
16.4.1.3.1 Smart Signaling
16.4.1.3.2 Automated Route Guidance
16.4.1.3.3 Predictive Traffic Analytics
16.4.1.3.4 Parking Fee, Ticketing, and Revenue Management (On-Street Parking)
16.4.1.3.5 Automated Parking Guidance and Slot Management (On-Street Parking)
16.4.1.3.6 Smart Ticketing for Passengers
16.4.1.3.7 Smart Transportation Communication Network
16.4.1.3.8 Entertainment and Travel Assistance System
16.4.1.3.9 Predictive Analytics for Passenger Travel
16.4.1.4 Further Break Down of Each Solution for Buildings Segment Across Regions -
16.4.1.4.1 Access Control
16.4.1.4.2 Parking Reservation and Slot Management (Off-Street Parking)
16.4.1.4.3 Automated Parking Guidance (Off-Street Parking)
16.4.1.4.4 Parking Ticket and Revenue Management System (Off-Street Parking)
16.4.1.4.5 Emergency Response Management
16.4.1.4.6 Building Energy Management
16.4.1.4.7 Others
16.4.1.5 Further Break Down of Each Smart Citizen Services Segment Across Regions
16.4.2 Geographic Analysis
16.4.2.1 Country-Wise Breakdown of Smart Cities
16.5 Related Reports

List of Tables

Table 1 Smart Cities: Smart Transportation vs. Traditional Transportation
Table 2 Smart Cities Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 3 Global Market Size, By Region, 2013-2020 (USD Million)
Table 4 Smart Cities Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 5 Transportation: Smart Cities, By Types, Market Size, 2013-2020 (USD Billion)
Table 6 Smart Railways: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 7 Smart Roadways: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 8 Utilities: Smart Cities, By Type, Market Size - 2013-2020 (USD Billion)
Table 9 Energy/Power: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 10 Water: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 11 Gas: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 12 Others: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 13 Buildings: Smart Cities, By Type, Market Size - 2013-2020 (USD Billion)
Table 14 Commercial: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 15 Residential: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 16 Smart Citizen Services: Smart Cities, By Region, Market Size, 2013-2020 (USD Billion)
Table 17 Transportation: Market Size, By Region, 2013-2020 (USD Billion)
Table 18 Transportation: Market Size, By Solution and Service, 2013-2020 (USD Billion)
Table 19 Transportation: Smart Cities Market Size, By Solution, 2013-2020 (USD Billion)
Table 20 Traffic Management and Automated Driver Guidance System: Smart Transportation, By Region, Market Size, 2013-2020 (USD Billion)
Table 21 Parking Management: Smart Transportation, By Region, Market Size, 2013-2020 (USD Billion)
Table 22 Passenger Management and Travel Experience Enhancement System: Smart Transportation, By Region, Market Size, 2013-2020 (USD Billion)
Table 23 Freight Management: Smart Transportation, By Region, Market Size, 2013-2020 (USD Billion)
Table 24 Transportation Data Management: Smart Transportation, By Region, Market Size, 2013-2020 (USD Billion)
Table 25 Transportation: Smart Cities Market Size, By Service, 2013 - 2020 (USD Billion)
Table 26 Infrastructure Monitoring and Management: Smart Transportation Market Size, By Region, 2013 - 2020 (USD Billion)
Table 27 Planning and Consulting: Smart Transportation Market Size, By Region, 2013 - 2020 (USD Billion)
Table 28 Integration: Smart Transportation Market Size, By Region, 2013 - 2020 (USD Billion)
Table 29 Utilities: Smart Cities Market Size, By Region, 2013-2020 (USD Billion)
Table 30 Utilities: Market Size, By Solution & Service, 2013-2020 (USD Billion)
Table 31 Utilities: Market Size, By Solution, 2013-2020 (USD Billion)
Table 32 Smart Metering and Meter Data Management: Smart Utilities, By Region, Market Size, 2013-2020 (USD Billion)
Table 33 Smart Distribution Management System: Smart Utilities, By Region, Market Size, 2013-2020 (USD Billion)
Table 34 Meter Data Analytics: Smart Utilities, By Region, Market Size, 2013-2020 (USD Billion)
Table 35 Others: Smart Utilities, By Region, Market Size, 2013-2020 (USD Billion)
Table 36 Utilities: Smart Cities Market Size, By Service, 2013 - 2020 (USD Billion)
Table 37 Infrastructure Monitoring and Management: Smart Utilities Market Size, By Region, 2013 - 2020 (USD Billion)
Table 38 Planning and Consulting: Smart Utilities Market Size, By Region, 2013 - 2020 (USD Billion)
Table 39 Integration: Smart Utilities Market Size, By Region, 2013 - 2020 (USD Billion)
Table 40 Buildings: Market Size, By Region, 2013-2020 (USD Billion)
Table 41 Buildings: Market Size, By Solution, 2013-2020 (USD Billion)
Table 42 Parking Management: Smart Cities Market Size, By Region, Market Size, 2013-2020 (USD Billion)
Table 43 Facility Management and Energy Optimization: Market Size, By Region, Market Size, 2013-2020 (USD Billion)
Table 44 In-Building Communication: Market Size, By Region, Market Size, 2013-2020 (USD Billion)
Table 45 Buildings: Smart Cities Market Size, By Service, 2013-2020 (USD Billion)
Table 46 Infrastructure Monitoring and Management: Smart Cities Market Size, By Region, 2013-2020 (USD Billion)
Table 47 Planning and Consulting: Market Size, By Region, 2013-2020 (USD Billion)
Table 48 Integration: Market Size, By Region, 2013-2020 (USD Billion)
Table 49 Smart Citizen Services: Market Size, By Solution and Service, 2013-2020 (USD Billion)
Table 50 Smart Education: Market Size, By Region, 2013-2020 (USD Billion)
Table 51 Smart Healthcare: Market Size, By Region, 2013-2020 (USD Billion)
Table 52 Security and Threat Management: Market Size, By Region, 2013-2020 (USD Billion)
Table 53 Smart Cities Market Size, By Region, 2013-2020 (USD Billion)
Table 54 North America: Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 55 North America: Market Size, By Transportation Type, 2013-2020 (USD Billion)
Table 56 North America: Market Size, By Transportation Solution, 2013-2020 (USD Billion)
Table 57 North America: Market Size, By Transportation Service, 2013-2020 (USD Billion)
Table 58 North America: Market Size, By Utility Type, 2013-2020 (USD Billion)
Table 59 North America: Market Size, By Utility Solution, 2013-2020 (USD Billion)
Table 60 North America: Market Size, By Utility Service, 2013-2020 (USD Billion)
Table 61 North America: Market Size, By Building Type, 2013-2020 (USD Billion)
Table 62 North America: Market Size, By Building Solution, 2013-2020 (USD Billion)
Table 63 North America: Market Size, By Building Service, 2013-2020 (USD Billion)
Table 64 North America: Smart Cities Market Size, By Smart Citizen Service Solution, 2013-2020 (USD Billion)
Table 65 Europe: Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 66 Europe: Market Size, By Transportation Type, 2013-2020 (USD Billion)
Table 67 Europe: Market Size, By Transportation Solution, 2013-2020 (USD Billion)
Table 68 Europe: Market Size, By Transportation Service, 2013-2020 (USD Billion)
Table 69 Europe: Market Size, By Utility Type, 2013-2020 (USD Billion)
Table 70 Europe: Market Size, By Utility Solutions, 2013-2020(USD Billion)
Table 71 Europe: Market Size, By Utility Service, 2013-2020 (USD Billion)
Table 72 Europe: Market Size, By Building Type, 2013-2020 (USD Billion)
Table 73 Europe: Market Size By Building Solution, 2013-2020 (USD Billion)
Table 74 Europe: Market Size, By Building Service, 2013-2020 (USD Billion)
Table 75 Europe: Smart Cities Market Size, By Smart Citizen Services Solution, 2013-2020 (USD Billion)
Table 76 Asia-Pacific: Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 77 Asia-Pacific: Market Size, By Transportation Type, 2013-2020 (USD Billion)
Table 78 Asia-Pacific: Market Size, By Transportation Solution, 2013-2020 (USD Billion)
Table 79 Asia-Pacific: Market Size, By Transportation Service, 2013-2020 (USD Billion)
Table 80 Asia-Pacific: Market Size, By Utility Type, 2013-2020 (USD Billion)
Table 81 Asia-Pacific: Market Size, By Utility Solution, 2013-2020 (USD Billion)
Table 82 Asia-Pacific: Market Size, By Utility Service, 2013-2020 (USD Billion)
Table 83 Asia-Pacific: Market Size, By Building Type, 2013-2020 (USD Billion)
Table 84 Asia-Pacific: Market Size, By Building Solution, 2013-2020 (USD Billion)
Table 85 Asia-Pacific: Market Size, By Building Service, 2013-2020 (USD Billion)
Table 86 Asia-Pacific: Smart Cities Market Size, By Smart Citizen Service Solution, 2013-2020 (USD Billion)
Table 87 Latin America: Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 88 Latin America: Market Size, By Transportation Type, 2013-2020 (USD Billion)
Table 89 Latin America: Market Size, By Transportation Solution, 2013-2020 (USD Billion)
Table 90 Latin America: Market Size, By Transportation Service, 2013-2020 (USD Billion)
Table 91 Latin America: Market Size, By Utility Type, 2013-2020 (USD Billion)
Table 92 Latin America: Market Size, By Utility Solution, 2013-2020 (USD Billion)
Table 93 Latin America: Market Size, By Utility Service, 2013-2020 (USD Billion)
Table 94 Latin America: Market Size, By Building Type, 2013-2020 (USD Billion)
Table 95 Latin America: Market Size, By Building Solution, 2013-2020 (USD Billion)
Table 96 Latin America: Market Size, By Building Service, 2013-2020 (USD Billion)
Table 97 Latin America: Market Size, By Smart Citizen Service Solution, 2013-2020 (USD Billion)
Table 98 Middle East and Africa: Smart Cities Market Size, By Focus Area, 2013-2020 (USD Billion)
Table 99 Middle East and Africa: Market Size, By Transportation Type, 2013-2020 (USD Billion)
Table 100 Middle East and Africa: Market Size, By Transportation Solution, 2013-2020 (USD Billion)
Table 101 Middle East and Africa: Market Size, By Transportation Service, 2013-2020 (USD Billion)
Table 102 Middle East and Africa: Market Size, By Utility Type, 2013-2020 (USD Billion)
Table 103 Middle East and Africa: Market Size, By Utility Solution, 2013-2020 (USD Billion)
Table 104 Middle East and Africa: Market Size, By Utility Service, 2013-2020 (USD Billion)
Table 105 Middle East and Africa: Market Size, By Building Type, 2013-2020 (USD Billion)
Table 106 Middle East and Africa: Market Size, By Building Solution, 2013-2020 (USD Billion)
Table 107 Middle East and Africa: Market Size, By Building Service, 2013-2020 (USD Billion)
Table 108 Middle East and Africa: Market Size, By Smart Citizen Service Solution, 2013-2020 (USD Billion)
Table 109 Partnerships, Agreements, and Collaborations, 2013-2016
Table 110 New Product Launches, 2012-2016
Table 111 Mergers and Acquisitions, 2014-2016
Table 112 Business Expansions, 2015-2016

List of Figures

Figure 1 Global Smart Cities Market: Stakeholders
Figure 2 Global Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Market Breakdown and Data Triangulation
Figure 6 Smart Cities: Three Versions
Figure 7 Smart Cities: Various Stages of Smart Utility Developments
Figure 8 Smart Cities: Evolution of Smart Buildings
Figure 9 Smart Cities Market Snapshot (2015 vs. 2020): Focus Area
Figure 10 Europe Held the Largest Market Share in 2015
Figure 11 Top Segments for the Market From 2015 to 2020
Figure 12 Hyper-Urbanization is Driving the Smart Cities Market
Figure 13 Buildings Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 14 Europe is Expected to Hold the Largest Market Share in the Market
Figure 15 Asia-Pacific is Expected to Have the Highest Growth Potential
Figure 16 Commercial Building is Expected to Dominate the Building Segment in 2020
Figure 17 Top Two Solutions are Estimated to Account for the Largest Share of the Transportation Segment During the Forecast Period
Figure 18 Smart Cities Market in Asia-Pacific is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 19 Regional Lifecycle: Asia-Pacific is Expected to Be in the Growth Phase in 2015
Figure 20 Evolution of the Smart Cities Market
Figure 21 Market Segmentation: By Focus Area
Figure 22 Smart Transportation Market Segmentation: By Type
Figure 23 Smart Transportation Segmentation: By Solution
Figure 24 Smart Transportation Segmentation: By Service
Figure 25 Smart Utility Market Segmentation: By Type
Figure 26 Smart Utilities Segmentation: By Solution
Figure 27 Smart Utilities Segmentation: By Service
Figure 28 Smart Building Market Segmentation: By Type
Figure 29 Smart Utilities Segmentation: By Solution
Figure 30 Smart Building Segmentation: By Service
Figure 31 Market Segmentation: By Smart Citizen Service
Figure 32 Market Segmentation: By Enabling Technology
Figure 33 Market Segmentation: By Region
Figure 34 Market: Drivers, Restraints, Opportunities, and Challenges
Figure 35 Value Chain of Smart Cities
Figure 36 Smart Cities Market Ecosystem
Figure 37 Strategic Benchmarking: the Strategy of Partnerships, Collaborations, and Agreements is the Most Popular Strategy in the Smart Cities Market
Figure 38 Smart Building Projects are Expected to Attract Huge Investments With Growing Environmental Concerns Over Carbon Emission and Increasing Focus on Sustainable Sources for Energy
Figure 39 Smart Railways: Evolution
Figure 40 Smart Roadways: Evolution
Figure 41 Smart Cities: Energy Management System Architecture
Figure 42 Evolution of Smart Water Management
Figure 43 Market Ecosystem in Utilities Sector for Smart Water Management
Figure 44 Evolution of Smart Gas Solutions
Figure 45 Europe is Expected to Showcase the Highest Investment in Smart Transportation Infrastructure During the Forecast Period
Figure 46 Latin America is Expected to Grow With the Highest CAGR During the Forecast Period
Figure 47 Europe is Expected to Invest Extensively in Smart Building Projects Over the Forecast Period and is Projected to Have the Highest Contribution Globally in This Segment
Figure 48 Evolution: Smart Education
Figure 49 Evolution: Smart Healthcare
Figure 50 Asia-Pacific is Expected to Be the Most Lucrative Market for Smart Citizen Services in Terms of Growth During the Forecast Period
Figure 51 Asia-Pacific is Expected to Have the Highest CAGR During the Forecast Period
Figure 52 Europe Projected to Lead Smart City Investments in the Next 5 Years
Figure 53 Asia-Pacific is Set to Attract Huge Investments During the Forecast Period
Figure 54 North America: Market Snapshot
Figure 55 Europe: Market Snapshot
Figure 56 Asia-Pacific: Market Snapshot
Figure 57 Companies Adopted Partnerships, Agreements, and Collaborations as the Key Growth Strategies From 2012 to 2016
Figure 58 Market Evaluation Framework
Figure 59 Battle for Market Share: Partnerships, Agreements, and Collaborations is the Key Strategy Adopted By Companies in the Smart Cities Market, 2012-2015
Figure 60 Geographic Revenue Mix of Top 5 Market Players
Figure 61 International Business Machines (IBM) Corporation: Company Snapshot
Figure 62 International Business Machines (IBM) Corporation: SWOT Analysis
Figure 63 Cisco Systems, Inc.: Company Snapshot
Figure 64 Cisco Systems, Inc.: SWOT Analysis
Figure 65 Microsoft Corporation: Company Snapshot
Figure 66 Microsoft Corporation: SWOT Analysis
Figure 67 Schneider Electric SE: Company Snapshot
Figure 68 Schneider Electric SE: SWOT Analysis
Figure 69 Siemens AG: Company Snapshot
Figure 70 Siemens AG: SWOT Analysis
Figure 71 Oracle Corporation: Company Snapshot
Figure 72 Huawei Investment & Holding Co., Ltd.: Company Snapshot
Figure 73 Ericsson: Company Snapshot
Figure 74 Toshiba Corporation: Company Snapshot
Figure 75 Hitachi, Ltd.: Company Snapshot

Note: Product cover images may vary from those shown
3 of 5

FEATURED COMPANIES

  • Cisco Systems, Inc.
  • Ericsson
  • Hitachi, Ltd.
  • Microsoft Corporation
  • Oracle Corporation
  • Schneider Electric SE
  • MORE

The global smart cities market is expected to grow from USD 312.03 Billion in 2015 to USD 757.74 Billion by 2020, at a CAGR of 19.4%. Factors such as technological advancements in the field of Internet of Things (IoT), cloud, mobile and sensors; growing demographics & hyper-urbanization; and increasing concerns for environmental protection are expected to encourage the growth of this market.

In the smart cities market, building, in the focus areas segment, is the fastest-growing segment. Among smart building solutions, facility management and energy optimization solution is expected to have the largest contribution during the forecast period. The increasing need for a centralized system for controlling and monitoring of various devices, such as lightning; Heating, Ventilation, and Air-Conditioning (HVAC); surveillance, and emergency response to reduce energy usages and enhance security in the building premises is driving the market for smart cities.

Presently, the smart cities market is growing progressively with constant technological advancements. Deploying technologies such as smart grids, smart metering for energy management; electric vehicle and traffic management with smart transportation and smart security are high growth areas within smart cities. Thus, smart transportation, smart security, and smart energy management are considered to be the most important components in smart cities. As citizens and governments are becoming more environment conscious, there is a push for tougher regulations, aimed at reducing carbon footprint within urban areas.

Smart Cities Market

Among the regions, Europe is projected to hold the largest market share and is expected to dominate the smart cities market from 2015 to 2020. The factors supplementing the growth of this market are the increasing number of government initiatives for the development of smart cities and high technological advancements in the region. The market in APAC is expected to show a significant growth potential in the years to come due to ongoing smart cities projected development in leading regions of APAC, such as China, South Korea, Japan, Singapore, Thailand, India, and Australia.

In upcoming years, it is expected that the smart cities market will grow substantially with the advancements in IoT, cloud, mobile, and sensors. However, Low levels of operational efficiency in emerging countries and absence or lack of robust telecom and networking infrastructures in developing economies are likely to inhibit the growth of this market.

The major vendors in the smart cities market include IBM, Cisco, Microsoft, Schneider Electric, Siemens, Oracle, Huawei, Ericsson, Toshiba, and Hitachi. Partnerships and new product launches are the key strategies adopted by these players to expand their global footprints. For instance, in February 2016, Ericsson, the Global M2M Association (GMA), the Bridge Alliance, and Samsung entered into a strategic partnership for the development and innovations in IoT. In November 2015, Ericsson entered into a strategic partnership with Cisco to offer next-generation network architectures based on 5G, cloud & IP, and the IoT.

Some of the important product launches in the smart cities market include release of an array of products in the field of power distribution, automation & drive technology, and industrial software by Siemens in March 2016; and introduction of a new water management solution, namely, Utilities Smart Water Network Management, by Oracle in February 2016, that implements smarter processes and control systems across water distribution networks; and launch of a series of smart energy solutions comprising digital pipeline, digital production, cloud data center, and mobile office by Huawei in August 2015.

Exteneded Description

"Smart Cities Market by Solution and Services for Focus Areas (Transportation - Rail & Road, Utilities - Energy, Water, & Gas, Buildings - Commercial & Residential, and Smart Citizen Services - Education, Healthcare, & Security) - Global Forecast to 2020"

"Technological advancements in Information and Communication Technology (ICT) and growing demographics & hyper-urbanization are the major driving factors for the smart cities market"

The smart cities market size is estimated to grow from USD 312.03 billion in 2015 to USD 757.74 billion by 2020, at an estimated CAGR of 19.4%. The driving factors for the growth of smart cities market are technological advancements in the field of IoT, cloud, sensors, & mobility; growing demographics & hyper-urbanization; government initiatives; growing energy consumption & requirement for optimization of energy usage during peak hours; increasing share of renewable energy and limitations in capacity expansion; and decrease in operational cost of smart building infrastructures in capacity expansion.

"Building segment in smart cities focus areas to gain maximum traction during the forecast period"

The building segment in smart cities focus areas is expected to grow with the highest CAGR during the forecast period. Among smart building solutions, facility management and energy optimization solution is expected to have the largest contribution during the forecast period.

The increasing need for a centralized system for controlling and monitoring of various devices, such as lightning; Heating, Ventilation, and Air-Conditioning (HVAC); surveillance, and emergency response to reduce energy usages, and enhance security in the building premises is driving the market for smart cities. Another focus area, transportation, is also expected to provide good opportunities for growth as governments across the globe are showing high interests to improve their transport infrastructure in order to minimize traffic jams, reduce energy consumptions by vehicles, and decrease in count of deaths in road accidents.

Among smart transportation solutions, traffic management and automated driver guidance system is expected to grow with the highest CAGR contribute maximum in the overall market size than any other solution. Europe is expected to be largest revenue generating region followed by Asia-Pacific (APAC) and North-America whereas Latin America and the Middle East and Africa (MEA) are expected to be the emerging potential markets for smart city solutions and services.

Smart solutions for citizen services are expected to have the highest market share from 2015 to 2020. Governments from all over the world are digitalizing their processes to provide services for citizens in a better manner. Huge demand for improved education, healthcare, and security for citizens makes this area the highest contributor in the overall market size of smart cities market. Among various citizen services, security & threat management is expected to have the highest market share whereas education sector is expected to witness the highest growth rate during the forecast period

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people.

- By Company Type - Tier 1 - 15%, Tier 2 - 26%, and Tier 3 - 59%
- By Designation - C-level - 35%, Director-level - 40%, and other - 25%
- By Region -North America - 26%, Europe- 35%, Asia-Pacific - 32%, and ROW - 7%

Various key smart city solution and service providers profiled in the report are as follows:

1. IBM Corporation
2. Cisco Systems, Inc.
3. Microsoft Corporation
4. Schneider Electric SE
5. Siemens AG
6. Oracle Corporation
7. Huawei Investment & Holding Co. Ltd.
8. Ericsson
9. Toshiba Corporation
10. Hitachi, Ltd.

The report will help the market leaders/new entrants in this market in the following ways:

1. This report segments the smart cities market comprehensively and provides the closest approximations of the revenue numbers for the overall market and the subsegments across the different focus areas and regions.

2. The report helps stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to better understand the competitor and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, new product launches, partnerships, and acquisitions.

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- Cisco Systems, Inc.
- Ericsson
- Hitachi, Ltd.
- Huawei Investment & Holding Co., Ltd.
- International Business Machines (IBM) Corporation
- Microsoft Corporation
- Oracle Corporation
- Schneider Electric SE
- Siemens AG
- Toshiba Corporation

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown

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