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Malaysia Smart City Market Outlook 2020-2030

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  • 102 Pages
  • February 2022
  • Region: Malaysia
  • Research Nester Pvt. Ltd
  • ID: 5559889

Malaysia Smart Cities Market Analysis 2020-2030

The Malaysia smart cities market is anticipated to grow with a CAGR of 24.12% over the forecast period, i.e., 2021 - 2030. Factors such as the rising urbanization in Malaysia, which is giving rise to several socio-economic issues, such as overcrowding, traffic congestion, shortage of affordable housing, and environmental degradation among others. This has resulted in the rising need amongst the government of the nation to adopt smart city infrastructure that can address these issues effectively. Besides this, the rising number of initiatives taken by the government for smart city infrastructure along with the rising adoption of technology in the nation are some of the additional factors anticipated to drive the growth of the market in the coming years. The market is estimated to garner a revenue of close to USD 120 Billion by the end of 2030, up from a revenue of about USD 15 Billion in the year 2020.

By functional area, the Malaysia smart cities market is segmented into smart transportation, smart citizen services, smart building, smart utilities, and others. The smart citizen services segment is expected to garner the largest revenue of near to USD 50 Billion by the end of 2030 amongst all the other segments, up from a revenue of around USD 6 Billion in the year 2020.

Some of the prominent industry leaders in the Malaysia smart cities market that are included in our report are General Electric, Schneider Electric, IBM Corporation, ABB Ltd., Cisco Systems Inc., Siemens AG, Microsoft Corporation, Huawei Technologies Co., Ltd., NEC Corporation, Honeywell International Inc., and others.

Table of Contents

1. Market Definition
1.1. Definition
1.2. Market Segmentation
2. Assumptions and Acronyms
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
4. Executive Summary - Malaysia Smart Cities Market
5. Market Dynamics
5.1. Market Drivers
5.2. Market Restraints
5.3. Market Opportunities
5.4. Market Trends
6. Regulatory and Standards Landscape7. Industry Risk Analysis8. Analysis on Malaysia Smart Cities Projects9. Competitive Positioning
10. Competitive Structure
10.1. Competitive Benchmarking
10.2. Company Profiles
10.2.1. General Electric
10.2.2. Schneider Electric
10.2.3. IBM Corporation
10.2.4. ABB Ltd.
10.2.5. Cisco Systems Inc.
10.2.6. Siemens AG
10.2.7. Microsoft Corporation
10.2.8. Huawei Technologies Co., Ltd.
10.2.9. NEC Corporation
10.2.10. Honeywell International Inc.
11. Malaysia Smart Cities Market Outlook 2020-2030
11.1. Market Overview
11.2. By Value (USD Billion)
12. Malaysia Smart Cities Market - Segmentation Analysis
12.1. Functional Area
12.1.1. Smart Transportation Smart Ticketing Traffic Management System Freight Information System Others
12.1.2. Smart Citizen Services Smart Education Smart Public Safety Smart Healthcare Smart Street Lighting Others
12.1.3. Smart Building Building Energy Optimization Emergency Management Parking Management System Others
12.1.4. Smart Utilities Distribution Management System Substation Automation Advanced Metering Infrastructure Others
12.1.5. Others

Companies Mentioned

  • General Electric
  • Schneider Electric
  • IBM Corporation
  • ABB Ltd.
  • Cisco Systems Inc.
  • Siemens AG
  • Microsoft Corporation
  • Huawei Technologies Co. Ltd.
  • NEC Corporation
  • Honeywell International Inc.