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Smart City Platforms Market by Platform Type (Connectivity Management Platform, Integration Platform, Device Management Platform, Security Platform, and Data Management Platform), Service, Delivery Model, and Region - Global Forecast to 2023

  • ID: 4755334
  • Report
  • Region: Global
  • 142 Pages
  • Markets and Markets
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The Global Smart City Platforms Market Size is Expected to Grow from USD 104.6 Billion in 2018 to USD 223.3 Billion By 2023, at a CAGR of 16.4%

FEATURED COMPANIES

  • AT&T
  • GE
  • Huawei
  • Itron
  • Oracle
  • Schneider Electric
  • MORE

Increase in demand for platform providers is one of the major factors expected to drive the growth of the smart city platforms market

A huge opportunity for platform provider vendors is available due to the implementation of integrated Internet of Things (IoT) solutions in a smart city. These IoT solutions have various segments, such as hardware, software, and cloud security services. Presently, platform providers have to install, manage, and maintain technological solutions provided for smart cities in an integrated platform on a regular basis. Platform providers act as intermediaries for implementing a particular technology in the smart city environment. Large system integrators are required in the smart city platforms market for carrying out various processes, such as process automation, security and surveillance systems, Environmental Management Systems (EMSs), and naval systems, including various industrial control systems’ projects. Moreover, the value addition in this market is driven by services, which provides an open opportunity for all types of platform providers, such as major IT vendors, infrastructure vendors, IT consultants and integrators, and various independent local integrators. With the increase in the rate of adoption of IoT, the role of platform providers in the smart city value chain increases, thereby opening up lucrative opportunities for them.

Among services, the consulting and architecture designing segment is expected to account for the highest market share during the forecast period

The consulting and architecture designing segment is expected to account for the highest market share during the forecast period. Technological innovations across the smart city space have resulted in the consulting and architecture designing service to grow constantly. Competent planning and consulting services, along with architecture designing are important for the development of smart city infrastructures, as these can provide cost-optimized facilities to the city.

Among delivery models, the hybrid segment is expected to dominate the market during the forecast period.

The hybrid delivery model is a highly adopted model among other deployment models, owing to the connectivity management platform and security platform. In this delivery model, the benefits of onshore, as well as offshore can be gained. The overall adoption of hybrid solutions is expected to increase during the forecast period, due to a wide range of functionalities and core features the solutions provide.

Among regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period

APAC is expected to hold the highest CAGR among all regions, owing to the increasing adoption rate of IoT and rising demand for intelligent and smart solutions, while North America is expected to be the major contributor to the smart city platforms market. Increasing citizen engagement is the major growth factor expected to drive the growth of the smart city platforms market. 

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the smart city platforms market.

The breakup of the profiles of the primary participants is given below:

  • By Company: Tier 1 – 35%, Tier 2 – 40%, and Tier 3 – 25%
  • By Designation: C-Level – 65% and Director Level – 35%
  • By Region: North America – 30%, Europe – 35%, APAC – 25%, and RoW – 10%

The key vendors profiled in the report are as follows:

  • Cisco (US)
  • IBM (US)
  • Microsoft (US)
  • Hitachi (Japan)
  • Siemens (Germany)
  • Schneider Electric (France)
  • Huawei (China)
  • Intel (US)
  • GE (US)
  • AT&T (US)
  • Oracle (US)
  • Nokia (Finland)
  • Ericsson (Sweden)
  • Itron (US)
  • Verizon (US)
  • Honeywell (US)
  • SAP (Germany)

Research Coverage

The smart city platforms market has been segmented based on platform type (connectivity management platform, integration platform, device management platform, security platform and data management platform); delivery model (offshore, hybrid and onsite); service (consulting and architecture designing, infrastructure monitoring and management, and deployment and training) and regions. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the global smart city platforms market.

Reasons to Buy the Report

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

  • It comprehensively segments the smart city platforms market and provides the closest approximations of the revenue numbers for the overall market and its sub-segments across regions.
  • It would help stakeholders understand the pulse of the market and provide information about the key market drivers, restraints, challenges, and opportunities.
  • It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes the competitor ecosystem, new service developments, partnerships, and acquisitions.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AT&T
  • GE
  • Huawei
  • Itron
  • Oracle
  • Schneider Electric
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Market Segmentation
1.3 Years Considered for the Study
1.4 Currency
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Factor Analysis
2.5 Assumptions for the Study
2.6 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global Market
4.2 Smart City Platforms Market, By Platform Type, 2018
4.3 Asia Pacific: Market By Delivery Model and Service, 2018

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Priority to Platform Providers Compared to Standalone Solutions
5.2.1.2 Increase in Demand for Platform Providers
5.2.1.3 Rising Urban Population and ITs Management
5.2.1.4 Increasing Adoption of the IoT Technology
5.2.2 Restraints
5.2.2.1 High Capital Expenditure
5.2.2.2 Inefficient Utilization of Resources in Developing Countries
5.2.3 Opportunities
5.2.3.1 Fast Growing Economies
5.2.3.2 Inception of the 5g Technology
5.2.3.3 Government Initiatives for Smart Cities
5.2.4 Challenges
5.2.4.1 Inefficient Telecom and Networking Infrastructure in Developing Countries
5.2.4.2 No Standardized Architecture for Smart City Platforms
5.3 Value Chain Analysis

6 Smart City Platforms Market, By Platform Type
6.1 Introduction
6.2 Connectivity Management Platform
6.2.1 Connectivity Being Backbone for Smart City Infrastructures Led to Prominent Market Share of Connectivity Management Platform
6.3 Integration Platform
6.3.1 Multiple Software and Hardware Deployments to Need Agile and Robust Integration
6.4 Device Management Platform
6.4.1 Large Number of Hardware Implementations to Involve Highly Effective Device Management Platform
6.5 Data Management Platform
6.5.1 Large Amount of Data Generation Throughout Smart Cities to Gain Strong Momentum of Data Management Platform in Coming Years
6.6 Security Platform
6.6.1 Cybersecurity Being Primary Concern for Smart City Stakeholders to Keep the Market for Security Platforms Ongoing

7 Smart City Platforms Market, By Service
7.1 Introduction
7.2 Consulting and Architecture Designing
7.2.1 Technological Innovations Across Smart City Arena Led to Constant Growth of Consulting and Architecture Designing Service
7.3 Infrastructure Monitoring and Management
7.3.1 Infrastructure Monitoring Management Being an Ongoing Service to Contribute Continuous Revenue Stream
7.4 Deployment and Training
7.4.1 Deployment of Technical Expertise to Be One of the Key Factors Affecting the Growth of Deployment and Training Services

8 Smart City Platforms Market, By Delivery Model
8.1 Introduction
8.2 Offshore
8.2.1 Rising Trend in Cloud-Based Services and Growing Need to Save Operation Expenditures Led to Growth of Offshore Delivery Model Exponentially
8.3 Hybrid
8.3.1 Low Cost and Ease of Implementation Led to Preference of Hybrid Delivery Model
8.4 Onsite
8.4.1 Rising Need for Cost-Efficient Operations Led to Low Demand for Onsite Delivery Model Compared to Hybrid and Offshore Delivery Models

9 Smart City Platforms Market, By Application
9.1 Smart Transportation
9.1.1 Advancement of New Technologies in Transportation Infrastructure
9.1.2 Use Case Scenarios
9.2 Public Safety
9.2.1 Growing Focus Toward Public Safety Solutions By Government
9.2.2 Use Case Scenarios
9.3 Smart Utilities
9.3.1 to Utilize Resources Efficiently Utmost Care to Be Taken for Augmenting Smart Utilities Sector
9.3.2 Use Case Scenarios
9.4 Infrastructure Management
9.4.1 Growing Need to Optimize Energy Consumption
9.4.2 Use Case Scenarios
9.5 Citizen Engagement
9.5.1 Smart Healthcare, E-governance, Smart Environmental Monitoring, and Smart Street Lighting to Be the Key Areas for Citizen Engagement
9.5.2 Use Case Scenarios

10 Smart City Platforms Market, By Region
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.1.1 Existing Vast Smart City Initiatives in Terms of Innovations
10.2.2 Canada
10.2.2.1 Growing Awareness Toward Smart City Developments
10.3 Europe
10.3.1 United Kingdom
10.3.1.1 Highly Adaptable Region in Terms of Technology Acceptance
10.3.2 France
10.3.2.1 Strong Government Regulations to Support Smart City Initiatives
10.3.3 Germany
10.3.3.1 Proper Utilization of Existing Infrastructure to Transform Conventional Cities to Smart Cities
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Growing Proliferation and Acceptance of Technology to Support China Significantly
10.4.2 Japan
10.4.2.1 Technically Sound IT Infrastructure Enabled Japan to Witness Prominent Growth
10.4.3 South Korea
10.4.3.1 Test-Bed for Large Number of Technology Innovations to Support Significantly
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Strong Shift Toward Technology Utilization Led to Rapid Progress of the Middle East Countries
10.5.2 Africa
10.5.2.1 Technology Awareness Led to More Contribution of African Countries Toward Smart Cities
10.6 Latin America
10.6.1 Mexico
10.6.1.1 Favourable Government Regulations to Support Smart City Initiatives
10.6.2 Argentina
10.6.2.1 Increasing Need to Promote the Use of Technology
10.6.3 Brazil
10.6.3.1 One of the Fastest-Growing Economies

11 Competitive Landscape
11.1 Microquadrant Overview
11.1.1 Visionary Leaders
11.1.2 Innovators
11.1.3 Dynamic
11.1.4 Emerging
11.2 Ranking of Key Players for the Smart City Platforms Market, 2018
11.3 Competitive Benchmarking
11.3.1 Product Offering
11.3.2 Business Strategy

12 Company Profiles
(Business Overview, Solutions Offered, Recent Developments, and MnM View)*
12.1 Cisco
12.2 IBM
12.3 Microsoft
12.4 Hitachi
12.5 Siemens
12.6 Schneider Electric
12.7 Huawei
12.8 Intel
12.9 GE
12.10 AT&T
12.11 Oracle
12.12 Ericsson
12.13 Nokia
12.14 Itron
12.15 Verizon
12.16 SAP
12.17 Honeywell
12.18 Purple
*Details on Business Overview, Solutions Offered, Recent Developments and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Discussion Guide
13.2 Knowledge Store: Subscription Portal
13.3 Available Customizations
13.4 Related Reports
13.5 Author Details

List of Tables
Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Smart City Platforms Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 3 Connectivity Management Platform Market Size, By Region, 2016–2023 (USD Billion)
Table 4 Integration Platform Market Size, By Region, 2016–2023 (USD Billion)
Table 5 Device Management Platform Market Size, By Region, 2016–2023 (USD Billion)
Table 6 Data Management Platform Market Size, By Region, 2016–2023 (USD Billion)
Table 7 Security Platform Market Size, By Region, 2016–2023 (USD Billion)
Table 8 Smart City Platforms Market Size, By Service, 2016–2023 (USD Billion)
Table 9 Consulting and Architecture Designing Market Size, By Region, 2016–2023 (USD Billion)
Table 10 Infrastructure Monitoring and Management Market Size, By Region, 2016–2023 (USD Billion)
Table 11 Deployment and Training Market Size, By Region, 2016–2023 (USD Billion)
Table 12 Smart City Platforms Market Size, By Delivery Model, 2016–2023 (USD Billion)
Table 13 Offshore Delivery Model Market Size, By Region, 2016–2023 (USD Billion)
Table 14 Offshore Delivery Model Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 15 Hybrid Delivery Model Market Size, By Region, 2016–2023 (USD Billion)
Table 16 Hybrid Delivery Model Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 17 Onsite Delivery Model Market Size, By Region, 2016–2023 (USD Billion)
Table 18 Onsite Delivery Model Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 19 Smart City Platforms Market Size, By Region, 2016–2023 (USD Billion)
Table 20 North America: Market Size By Platform Type, 2016–2023 (USD Billion)
Table 21 North America: Market Size By Service, 2016–2023 (USD Billion)
Table 22 North America: Market Size By Delivery Model, 2016–2023 (USD Billion)
Table 23 North America: Market Size By Country, 2016–2023 (USD Billion)
Table 24 Europe: Smart City Platforms Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 25 Europe: Market Size By Service, 2016–2023 (USD Billion)
Table 26 Europe: Market Size By Delivery Model, 2016–2023 (USD Billion)
Table 27 Europe: Market Size By Country, 2016–2023 (USD Billion)
Table 28 Asia Pacific: Smart City Platforms Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 29 Asia Pacific: Market Size By Service, 2016–2023 (USD Billion)
Table 30 Asia Pacific: Market Size By Delivery Model, 2016–2023 (USD Billion)
Table 31 Asia Pacific: Market Size By Country, 2016–2023 (USD Billion)
Table 32 Middle East and Africa: Smart City Platforms Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 33 Middle East and Africa: Market Size By Service, 2016–2023 (USD Billion)
Table 34 Middle East and Africa: Market Size By Delivery Model, 2016–2023 (USD Billion)
Table 35 Middle East and Africa: Market Size By Subregion, 2016–2023 (USD Billion)
Table 36 Latin America: Smart City Platforms Market Size, By Platform Type, 2016–2023 (USD Billion)
Table 37 Latin America: Market Size By Service, 2016–2023 (USD Billion)
Table 38 Latin America: Market Size By Delivery Model, 2016–2023 (USD Billion)
Table 39 Latin America: Market Size By Country, 2016–2023 (USD Billion)

List of Figures
Figure 1 Smart City Platforms Market: Research Design
Figure 2 Research Methodology
Figure 3 Market Size Estimation Methodology: Bottom-Up and Top-Down Approaches
Figure 4 Factors: Impact Analysis
Figure 5 Asia Pacific to Grow at the Fastest Rate During the Forecast Period
Figure 6 Connectivity Management Platform Segment to Witness the Fastest Growth Rate During the Forecast Period
Figure 7 Consulting and Architecture Designing Segment to Hold the Highest Market Share During the Forecast Period
Figure 8 Hybrid Segment to Hold the Largest Market Share During the Forecast Period
Figure 9 Growing Penetration of Enabling Technologies to Boost the Adoption of Smart City Platforms
Figure 10 Connectivity Management Platform Segment to Hold the Majority of the Market Share in 2018
Figure 11 Hybrid Delivery Model, and Consulting and Architecture Designing Service to Hold the Majority of the Market Share
Figure 12 Drivers, Restraints, Opportunities, and Challenges: Smart City Platforms Market
Figure 13 Smart City Platforms Market: Value Chain Analysis
Figure 14 Connectivity Management Platform Segment to Grow at the Highest CAGR During the Forecast Period
Figure 15 Consulting and Architecture Designing Segment to Grow at the Highest CAGR During the Forecast Period
Figure 16 Hybrid Segment to Grow at the Highest CAGR During the Forecast Period
Figure 17 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 18 North America: Market Snapshot
Figure 19 Asia Pacific: Market Snapshot
Figure 20 Smart City Platforms Market (Global) Competitive Leadership Mapping, 2018
Figure 21 Ranking of Key Players, 2018
Figure 22 Cisco: Company Snapshot
Figure 23 IBM: Company Snapshot
Figure 24 Microsoft: Company Snapshot
Figure 25 Hitachi: Company Snapshot
Figure 26 Siemens: Company Snapshot
Figure 27 Schneider Electric: Company Snapshot
Figure 28 Huawei: Company Snapshot
Figure 29 Intel: Company Snapshot
Figure 30 GE: Company Snapshot
Figure 31 AT&T: Company Snapshot
Figure 32 Oracle: Company Snapshot
Figure 33 Ericsson: Company Snapshot
Figure 34 Nokia: Company Snapshot
Figure 35 Itron: Company Snapshot
Figure 36 Verizon: Company Snapshot
Figure 37 SAP: Company Snapshot
Figure 38 Honeywell: Company Snapshot

Note: Product cover images may vary from those shown
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  • AT&T
  • Cisco
  • Ericsson
  • GE
  • Hitachi
  • Honeywell
  • Huawei
  • IBM
  • Intel
  • Itron
  • Microsoft
  • Nokia
  • Oracle
  • Purple
  • SAP
  • Schneider Electric
  • Siemens
  • Verizon
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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