Smart Cities: Growing New IT Markets

  • ID: 4330567
  • Report
  • Region: Global
  • 142 Pages
  • BCC Research
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until Feb 28th 2018
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The Global Smart Cities Market for Information And Communications Technologies Reached $342.4 Billion in 2016 And Should Reach $774.8 Billion in 2021, With a CAGR of 17.7% from 2016 to 2021.

With the number of smart cities increasing from about two dozen to more than 100 in just a few years, the market for smart city information and communication technology is already on a strong growth curve. However, these early cities are just the tip of the iceberg. The true addressable market comprises more than 1,500 cities with populations of more than 500,000 people and twice that many number of cities with populations over 150,000 people. This means that the smart cities market consists of about 5,000 medium to large cities, with most experts predicting at least 10% to 13% penetration, or about 600 cities, within the next 20 years.

The smart cities market opportunity is driven by the convergence of information and communications technology in a number of areas, in particular the development of advanced connectivity and analytic software and hardware. A branch of the Internet of Things (IoT), smart cities leverage the array of connected sensors and analytics platforms to drive stronger coordination within departments and across city agencies and community groups. Everything from video surveillance for security and traffic management to emergency coordination and public events participation benefit from smart city technology.

Study Goals and Objectives:

The goal of this report is to highlight information and communication technology investment driven by smart city applications. The market opportunity is expressed in terms of potential revenue for the addressable market for smart city technologies by geographic region, technology type and end-user segment. This report serves as an update to BCC Research’s first smart cities report (IFT115A) published in 2015.

Reasons for Doing This Study:

The purpose of the study is to update the market size and forecasts for smart city information and communication technologies. Further, communications, hardware, sensors and software are sized, forecast and discussed in depth. This data will enable manufacturers to determine the most effective research and development (R&D), product packaging and marketing and sales strategies.

Scope of Report:

This report covers the global market for smart city technologies and regional analysis of North America, Latin America, Europe, Asia-Pacific and the Rest of World. Component segments include communications, hardware, sensors and software as well as in-depth market size and forecast for key end-user segments including energy management, water management, transportation management, assisted living, e-government and waste management.

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Chapter 1: Introduction

  • Study Goals and Objectives
  • Reasons for Doing This Study
  • Scope of Report
  • Information Sources
  • Methodology
  • Geographic Breakdown
  • Analyst's Credentials
  • Related Research Reports

Chapter 2: Summary and Highlights

Chapter 3: Market and  Technology Background

  • What is a Smart City?
  • Historical Context for Smart Cities

Chapter 4: Market Breakdown by Technology Type  

  • Communications
  • Hardware
  • Sensors
  • Software

Chapter 5: Market Breakdown  by Sector

  • Smart City Sectors
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management

Chapter 6: Market Breakdown by Region

  • Global Market
  • North America
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management
  • Latin America
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management
  • Europe
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management
  • Asia-Pacific
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management
  • Rest of World
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management

Chapter 7: Analysis of  Market Opportunities

  • Smart City ICT Buyers and Influencers
  • Market Challenges
  • Energy Management
  • Water Management
  • Transportation Management
  • Assisted Living
  • E-Government
  • Waste Management
  • Market Summary

Chapter 8: Company Profiles

  • Smart City ICT Market Leading Companies
  • Other Smart City Companies
  • Institutions

Appendix: Smart City Case Studies

  • Introduction
  • North America
  • United States
  • Canada
  • Latin America
  • Argentina
  • Mexico
  • Europe
  • The Netherlands
  • Spain
  • Sweden
  • Asia
  • Japan
  • Indonesia
  • China
  • Middle East
  • United Arab Emirates
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The global smart cities market for information and communications technologies reached $342.4 billion in 2016 and should reach $774.8 billion in 2021, with a compound annual growth rate (CAGR) of 17.7% from 2016 to 2021.

North America represents the largest region of the smart cities market with revenue of nearly $148.6 billion in 2016 and should reach $327.0 billion in 2021, a CAGR of 17.1% from 2016 to 2021.

Europe as a segment of the smart cities market reached $100.8 billion in 2016 and should reach nearly $259.6 billion in 2021, a CAGR of 20.8% from 2016 to 2021.

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