The growth of the smart cities market is driven by proactive government smart cities initiatives, growing urbanization, and rising need of better-quality life. However, security and privacy concerns of smart cities solutions are expected to hamper the market growth during the forecast period. Moreover, rising adoption of artificial intelligence solutions among smart city projects is anticipated to provide significant growth opportunities during the forecast period.
The report focuses on the growth prospects, restraints, and trends of the U.S. Smart Cities Market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers in the U.S. Smart Cities Market.
Segment Review
The U.S. smart cities market is segmented based on component, deployment mode, and functional area. As per component, the market is segmented into solution, service and connectivity technology. In terms of connectivity, the market is further bifurcated into cellular IoT, wired, Wi-Fi, WPAN, and others. As per deployment model, the market is bifurcated into on-premise and cloud. Based on functional area, it is categorized into smart governance & smart education, smart energy, smart infrastructure, smart mobility, smart healthcare, smart building, and others.
Top impacting factors
Emergence of artificial intelligence in smart cities
Implementation of artificial intelligence (AI) in smart city applications such as traffic and parking management, video-surveillance, safe integration of autonomous ride-share vehicles, and so forth can be of great significance. For instance, AI is already being used in CCTV cameras for facial recognition, which can be used to provide further assistance to the citizens. In case of any medical emergencies, these AI-based cameras can help in getting a help from medical professional on the scene. In addition, the facial recognition technology can also help in accessing personal information of a citizen in case of emergency. Similarly, sensors installed at parking lots and traffic signals are now using AI for accumulating useful data to plan the city initiatives among governments efficiently. Increasing number of such AI applications is expected to provide lucrative opportunities for the market growth.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the U.S. Smart Cities Market share along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
- An extensive analysis of the key segments of the industry helps to understand the U.S. Smart Cities Market trends.
- The quantitative analysis of the U.S. Smart Cities Market from 2020 to 2027 is provided to determine the market potential.
KEY MARKET SEGMENTS
By Component
- Solution
- Service
- Connectivity Technology
By Deployment Model
- On-Premise
- Cloud
By Industry Vertical
- Smart Governance & Smart Education
- Smart Energy
- Smart Infrastructure
- Smart Mobility
- Smart Healthcare
- Smart Building
- Others
Table of Contents
Chapter 1: Introduction
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. CXO Perspective
Chapter 3: Market Landscape
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power Among Buyers
3.4. Market Dynamics
3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities
3.5. Impact of Key Regulation
3.6. Covid-19 Impact Analysis
3.6.1. Impact on Market Size
3.6.2. Consumer Trends, Preferences, and Budget Impact
3.6.3. Regulatory Framework
3.6.4. Economic Impact
3.6.5. Key Player Strategies to Tackle Negative Impact
3.6.6. Opportunity Window
Chapter 4: U.S. Smart Cities Market by Functional Area
4.1. Overview
4.2. Smart Governance and Smart Education
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast,
4.2.3. Smart Governance
4.2.3.1. Market Size and Forecast
4.2.4. Smart Education
4.2.4.1. Market Size and Forecast
4.3. Smart Energy
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast,
4.3.3. Power Electronics
4.3.3.1. Market Size and Forecast
4.3.4. Smart Energy Storage
4.3.4.1. Market Size and Forecast
4.4. Smart Infrastructure
4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast,
4.4.3. Smart Transportation
4.4.3.1. Market Size and Forecast
4.4.4. Smart Water Management
4.4.4.1. Market Size and Forecast
4.4.5. Smart Stadium
4.4.5.1. Market Size and Forecast
4.4.6. Smart Public Safety and Security
4.4.6.1. Market Size and Forecast
4.4.7. Smart Lighting
4.4.7.1. Market Size and Forecast
4.4.8. Others
4.4.8.1. Market Size and Forecast
4.5. Smart Mobility
4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast,
4.5.3. Smart Ticketing
4.5.3.1. Market Size and Forecast
4.5.4. Smart Parking
4.5.4.1. Market Size and Forecast
4.5.5. Others
4.5.5.1. Market Size and Forecast
4.6. Smart Healthcare
4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast,
4.6.3. Connected Healthcare
4.6.3.1. Market Size and Forecast
4.6.4. Telemedicine
4.6.4.1. Market Size and Forecast
4.6.5. Others
4.6.5.1. Market Size and Forecast
4.7. Smart Building
4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast,
4.7.3. Facility Management Systems
4.7.3.1. Market Size and Forecast
4.7.4. Buildings Safety and Security
4.7.4.1. Market Size and Forecast
4.7.5. Others
4.7.5.1. Market Size and Forecast
4.8. Others
4.8.1. Key Market Trends, Growth Factors and Opportunities
4.8.2. Market Size and Forecast,
Chapter 5: Company Profiles
5.1. At&T, Inc.
5.1.1. Company Overview
5.1.2. Key Executives
5.1.3. Company Snapshot
5.1.4. Operating Business Segments
5.1.5. Product Portfolio
5.1.6. Business Performance
5.1.7. Key Strategic Moves and Developments
5.2. Cisco Systems Inc.
5.2.1. Company Overview
5.2.2. Key Executives
5.2.3. Company Snapshot
5.2.4. Operating Business Segments
5.2.5. Product Portfolio
5.2.6. Business Performance
5.2.7. Key Strategic Moves and Developments
5.3. Ericsson
5.3.1. Company Overview
5.3.2. Key Executives
5.3.3. Company Snapshot
5.3.4. Operating Business Segments
5.3.5. Product Portfolio
5.3.6. Business Performance
5.3.7. Key Strategic Moves and Developments
5.4. Huawei Technologies Co. Ltd.
5.4.1. Company Overview
5.4.2. Key Executives
5.4.3. Company Snapshot
5.4.4. Operating Business Segments
5.4.5. Product Portfolio
5.4.6. Business Performance
5.4.7. Key Strategic Moves and Developments
5.5. IBM Corporation
5.5.1. Company Overview
5.5.2. Key Executives
5.5.3. Company Snapshot
5.5.4. Operating Business Segments
5.5.5. Product Portfolio
5.5.6. Business Performance
5.5.7. Key Strategic Moves and Developments
5.6. Intel Corporation
5.6.1. Company Overview
5.6.2. Key Executives
5.6.3. Company Snapshot
5.6.4. Operating Business Segments
5.6.5. Product Portfolio
5.6.6. Business Performance
5.6.7. Key Strategic Moves and Developments
5.7. Microsoft Corporation
5.7.1. Company Overview
5.7.2. Key Executives
5.7.3. Company Snapshot
5.7.4. Operating Business Segments
5.7.5. Product Portfolio
5.7.6. Business Performance
5.7.7. Key Strategic Moves and Developments
5.8. Company 8
5.8.1. Company Overview
5.8.2. Key Executives
5.8.3. Company Snapshot
5.8.4. Operating Business Segments
5.8.5. Product Portfolio
5.8.6. Business Performance
5.8.7. Key Strategic Moves and Developments
5.9. Company 9
5.9.1. Company Overview
5.9.2. Key Executives
5.9.3. Company Snapshot
5.9.4. Operating Business Segments
5.9.5. Product Portfolio
5.9.6. Business Performance
5.9.7. Key Strategic Moves and Developments
5.10. Company 10
5.10.1. Company Overview
5.10.2. Key Executives
5.10.3. Company Snapshot
5.10.4. Operating Business Segments
5.10.5. Product Portfolio
5.10.6. Business Performance
5.10.7. Key Strategic Moves and Developments
List of Tables
Table 1. U.S. Smart Cities Market, by Functional Area 2019-2027 ($Million)
Table 2. U.S. Smart Cities Market for 2019-2027 ($Million)
Table 3. At&T, Inc.: Company Snapshot
Table 4. At&T, Inc.: Operating Segments
Table 5. Cisco Systems Inc.: Company Snapshot
Table 6. Cisco Systems Inc.: Operating Segments
Table 7. Ericsson: Company Snapshot
Table 8. Ericsson: Operating Segments
Table 9. Huawei Technologies Co. Ltd.: Company Snapshot
Table 10. Huawei Technologies Co. Ltd.: Operating Segments
Table 11. IBM Corporation: Company Snapshot
Table 12. IBM Corporation: Operating Segments
Table 13. Intel Corporation: Company Snapshot
Table 14. Intel Corporation: Operating Segments
Table 15. Microsoft Corporation: Company Snapshot
Table 16. Microsoft Corporation: Operating Segments
Table 17. Company 8: Company Snapshot
Table 18. Company 8: Operating Segments
Table 19. Company 9: Company Snapshot
Table 20. Company 9: Operating Segments
Table 21. Company 10: Company Snapshot
Table 22. Company 10: Operating Segments
List of Figures
Figure 1. U.S. Smart Cities Market Segmentation
Figure 2. Top Investment Pocket
Figure 3. Top Winning Strategies (%)
Figure 4. U.S. Smart Cities Market for Smart Governance and Smart Education, 2019-2027 ($Million)
Figure 5. U.S. Smart Cities Market for Smart Energy, 2019-2027 ($Million)
Figure 6. U.S. Smart Cities Market for Smart Infrastructure, 2019-2027 ($Million)
Figure 7. U.S. Smart Cities Market for Smart Mobility, 2019-2027 ($Million)
Figure 8. U.S. Smart Cities Market for Smart Healthcare, 2019-2027 ($Million)
Figure 9. U.S. Smart Cities Market for Smart Building, 2019-2027 ($Million)
Figure 10. U.S. Smart Cities Market for Others, 2019-2027 ($Million)
Companies Mentioned
- At&T, Inc.
- Cisco Systems Inc.
- Ericsson
- Huawei Technologies Co. Ltd.
- IBM Corporation
- Intel Corporation
- Microsoft Corporation
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 176 |
Published | September 2020 |
Forecast Period | 2019 - 2027 |
Estimated Market Value ( USD | $ 193.48 billion |
Forecasted Market Value ( USD | $ 798.56 billion |
Compound Annual Growth Rate | 19.4% |
Regions Covered | United States |
No. of Companies Mentioned | 7 |