Smart Cities Market in India - Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

  • ID: 4396925
  • Report
  • Region: Global, India
  • 91 Pages
  • Infoholic Research LLP
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This Smart Cities Market in India to Grow at a CAGR of 18.5%


  • ABB Ltd.
  • Apple
  • Cisco System
  • General Electric
  • Google Inc.
  • IBM Corp.
  • MORE

Smart cities are gaining market traction as there is a compulsive search for land to accommodate more than 7 billion people on the planet. The continued growth in the population, ill-planned cities, overcrowding in developing cities, and lavish lifestyle are resulting in enormous wastage of the natural resources. The loss of natural resources will eventually result in high cost of living, a rise in the level of pollution, and an increase in the crime rates. Thus, the governments in many countries have come up with a concept of smart cities, which will be enabled by the intelligent information and communication technology.

This research forecasts the smart cities market in India to grow at a CAGR of 18.5% during the forecast period. The market is segmented into city types and applications.

As stated in the report, India is one of the fastest and largest growing markets for smart cities due to the initiatives and the use of technology. The Tier 2 metro cities will have the highest growth rate due to the declaration of government initiatives and private investments from the software providers. Moreover, the Government of India has already planned and mentioned the first 20 smart cities.

The market is evolving mainly due to the increasing adoption of Internet and mobile phones and the growing demand for energy-efficient sources to safeguard the Earth’s limited resources. These situations have offered tremendous opportunities for the smart cities players across the world to invest hugely in the market and achieve their business goals.

The report covers the present scenario and the growth prospects of the smart cities market in India during the forecast period 2017-2023. Moreover, to calculate the market size, the report considers the revenue generated from the sales of the following solutions:

  • Smart Governance
  • Smart Education
  • Smart Security
  • Smart Energy
  • Smart Infrastructure
  • Smart Mobility
  • Smart Healthcare
  • Smart Building

Market Analysis:

The market is analyzed by

  • Applications - Smart Governance, Smart Education, Smart Security, Smart Energy, Smart Infrastructure, Smart Mobility, Smart Healthcare, Smart Building
  • City Types - Tier 1, Tier 2, and others
  • The report covers drivers, restraints, and opportunities (DRO) affecting the market growth during the forecast period (2017–2023)
  • It contains an analysis of vendor profiles, which include financial health, business units, geographical revenue, business focus, SWOT, business strategy, and views
  • In the vendor profile section, for the companies that are privately held, financial information and revenue of segments will be limited
  • The report covers political, economic, social, and technological (PEST) factors affecting the market growth during the forecast period

Key Players:
Cisco Systems, Google Inc., General Electric, Panasonic, Honeywell International Inc., Microsoft Corp., IBM Corp., ABB Ltd., SAP SE, and Apple.

Note: Product cover images may vary from those shown
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  • ABB Ltd.
  • Apple
  • Cisco System
  • General Electric
  • Google Inc.
  • IBM Corp.
  • MORE

1 Industry Outlook 
1.1 Industry Overview
1.2 Industry Trends
1.3 PEST Analysis

2 Report Outline 
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions

3 Market Snapshot
3.1 Total Addressable Market
3.2 Segmented Addressable Market
3.3 Related Markets
3.3.1 AI in Homes
3.3.2 Smart Meters

4 Market Outlook 
4.1 Overview
4.1.1 Market Definition
4.2 Market Trends and Impact
4.3 Market Segmentation
4.4 Porter 5 (Five) Forces

5 Market Characteristics
5.1 Benefits and Challenges of Smart Cities in India Market
5.2 Market Dynamics
5.2.1 Drivers Enhanced broadband connectivity Increased investment in smart cities, IoT, and M2M communication system Adoption of digital lifestyle Need for safety and security arrangement
5.2.2 Restraints High upfront cost Lack of standards and interoperability Low awareness
5.2.3 Opportunities Opportunities for growth of wearable devices Opportunities from developing economy Opportunities for telecom providers
5.3 DRO - Impact Analysis

6 Applications
6.1 Overview
6.2 Smart Governance
6.2.1 Market Size and Analysis
6.3 Smart Education
6.3.1 Market Size and Analysis
6.4 Smart Security
6.4.1 Market Size and Analysis
6.5 Smart Energy
6.5.1 Market Size and Analysis
6.6 Smart Infrastructure
6.6.1 Market Size and Analysis
6.7 Smart Mobility
6.7.1 Market Size and Analysis
6.8 Smart Healthcare
6.8.1 Market Size and Analysis
6.9 Smart Building
6.9.1 Market Size and Analysis

7 Cities
7.1.1 DRO for the tier 1 cities
7.1.2 DRO for tier 2 cities
7.1.3 DRO for other cities

8 Vendor Profiles
8.1 Cisco System
8.1.1 Overview
8.1.2 Business Units
8.1.3 Geographic Revenue
8.1.4 Business Focus
8.1.5 SWOT Analysis
8.1.6 Business Strategies
8.2 Google Inc.
8.2.1 Overview
8.2.2 Business Units
8.2.3 Geographic Revenue
8.2.4 Business Focus
8.2.5 SWOT Analysis
8.2.6 Business Strategies
8.3 General Electric
8.3.1 Overview
8.3.2 Business Units
8.3.3 Geographic Revenue
8.3.4 Business Focus
8.3.5 SWOT Analysis
8.3.6 Business Strategies
8.4 Panasonic
8.4.1 Overview
8.4.2 Business Units
8.4.3 Geographic Revenue
8.4.4 Business Focus
8.4.5 SWOT Analysis
8.4.6 Business Strategies
8.5 Honeywell International Inc.
8.5.1 Overview
8.5.2 Business Units
8.5.3 Geographic Revenue
8.5.4 Business Focus
8.5.5 SWOT Analysis
8.5.6 Business Strategies

9 Global Generalist
9.1 Microsoft Corp.
9.1.1 Overview
9.1.2 Microsoft Market
9.1.3 Microsoft in Smart Homes M2M market
9.2 IBM Corp.
9.2.1 Overview
9.2.2 IBM Corp. Market
9.2.3 IBM in Smart Cities Market
9.3 ABB Ltd.
9.3.1 Overview
9.3.2 ABB Market
9.3.3 ABB Ltd. in Smart Cities Market
9.4 SAP SE
9.4.1 Overview
9.4.2 SAP SE Market
9.4.3 SAP SE in Smart Cities Market
9.5 Apple
9.5.1 Overview
9.5.2 Apple Market
9.5.3 Apple in Smart Cities Market


Note: Product cover images may vary from those shown
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4 of 5
  • ABB Ltd.
  • Apple
  • Cisco System
  • General Electric
  • Google Inc.
  • Honeywell International Inc
  • IBM Corp.
  • Microsoft Corp.
  • Panasonic
  • SAP SE
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown