Quick Summary:
In the continually evolving technological landscape, the Global Smart City Platforms Market presents an investment opportunity of paramount importance. Poised to reach a considerable value of US$412.1 billion by 2030, this rapidly expanding sector holds immense potential for growth and revolution within the sphere of urban development and intelligent solutions.
With the USA holding a significant market share, and nations like China, Japan, Canada and Germany demonstrating promising growth trajectories, the report provides a comprehensive analysis of the leading geographic markets. Benefit from competitive insights, featuring an examination of 34 key market players, still unfolding trends, and forecasted growth patterns. Furthermore, this report includes special coverage on intriguing global events, market shares of major competitors, and complimentary updates for a year. Navigate the dynamic field of Smart City Platforms with this indispensable resource, sculpting informed strategies for impactful market penetration.
Global Smart City Platforms Market to Reach $412.1 Billion by 2030
The global market for Smart City Platforms estimated at US$210.3 Billion in the year 2022, is projected to reach a revised size of US$412.1 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030. Platforms, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$264.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 9.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $62.3 Billion, While China is Forecast to Grow at 8% CAGR
The Smart City Platforms market in the U.S. is estimated at US$62.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$70.2 Billion by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.Select Competitors (Total 34 Featured) -
- Alibaba
- AWS
- Bosch.io
- CIMCON Lighting
- Cisco
- Ericsson
- Fujitsu
- Fybr
- Hitachi
- Huawei
- IBM
- Intel
- KaaIoT Technologies
- Microsoft
- NEC
- Oracle
- SAP
- Schneider Electric
- SICE
- Siemens
- Sierra Wireless
- Siradel
- Smarter City Solutions
- thethings.iO
- Ubicquia
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Smart City Platforms?
What is the growth rate of the Global Market for Smart City Platforms?
What is the forecasted size of the Global Market for Smart City Platforms?
Who are the key companies in the Global Market for Smart City Platforms?
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 210.3 Billion |
| Forecasted Market Value ( USD | $ 412.1 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alibaba
- AWS
- Bosch.io
- CIMCON Lighting
- Cisco
- Ericsson
- Fujitsu
- Fybr
- Hitachi
- Huawei
- IBM
- Intel
- KaaIoT Technologies
- Microsoft
- NEC
- Oracle
- SAP
- Schneider Electric
- SICE
- Siemens
- Sierra Wireless
- Siradel
- Smarter City Solutions
- thethings.iO
- Ubicquia
