DUBLIN--(BUSINESS WIRE)--The "Smart Cities Market by Application (Smart Utilities, Smart Transportation, Water Management, Waste Management, Smart Healthcare, Smart Lighting, Smart Education), Component (Hardware, Software, and Services), and Geography - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
The global smart cities market is expected to witness significant growth in the upcoming years due to growing government initiatives for overpopulation and urbanization management and growing requirement of resource management for sustainable development. Moreover, the factors such as rise in adoption of IoT and its market application, 5G connectivity, and increasing adoption of connected vehicles & autonomous drones further support the growth of the smart cities market.
The overall smart cities market is primarily segmented by application (smart transportation, smart utilities, smart education, smart healthcare, smart public safety, governance, smart lighting solutions, and smart building), component (hardware, software, and services), and by geography.
An in-depth analysis of the geographic scenario of the market provides detailed qualitative and quantitative insights about the five regions including North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. In 2019, North America commanded the largest share of the global smart cities market, followed by Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
The large share of this region is mainly attributed to the fast-developing advanced communication infrastructure, stringent measures for public safety and data privacy, growing focus on reducing carbon footprints using innovative ICT technologies, and prioritizing the development of smart cities by many local and national government authorities. Furthermore, the government initiatives for overpopulation and urbanization management have boosted the overall smart cities market in the region.
Companies Mentioned
- ATOS SE
- CISCO Systems Inc.
- Capgemini
- Cognizant
- Foxconn Electronics Inc.
- Fujitsu Ltd.
- General Electric Company
- Huawei Technologies
- IBM Corporation
- INTEL Corporation
- L&T Infotech
- Qualcomm Technologies Inc.
- Robert Bosch GmbH
- SIEMENS AG
- Schneider Electric SE
Key Topics Covered:
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Government Initiatives for Managing Rising Urban Population
4.2.1.2. Growing Requirement of Resource Management for Sustainable Development
4.2.2. Restraints
4.2.2.1. Need of Significant Initial Investment
4.2.2.2. Rising Cases of Data Theft
4.2.3. Opportunities
4.2.3.1. Emergence of Artificial Intelligence
4.2.3.2. Rise of IoT and its Market Application
4.2.4. Challenges
4.2.4.1. Risk of Data Abuse by Large Corporations
4.2.4.2. Reluctance from Citizens to Adopt New Technologies
4.2.5. Trends
4.2.5.1. 5G Technology to Boost Internet Connectivity
4.2.5.2. Connected Vehicles & Autonomous Drones
4.3. Value Chain Analysis
4.4. Case Studies
4.4.1. City of Seoul
4.4.2. Smart City London
4.4.3. Singapore: Intelligent Transport System
5. Global Smart City Market, by Application
5.1. Introduction
5.2. Smart Transportation
5.2.1. Parking Management
5.2.2. Ticketing & Travel Management
5.2.3. Traffic Management
5.2.4. Passenger Information Management System
5.2.5. Freight Information System
5.3. Smart Utilities
5.3.1. Smart Energy Management
5.3.1.1. Smart Meter
5.3.1.2. Meter Data Management
5.3.1.3. PV Monitoring
5.3.1.4. Smart Grid
5.3.1.5. Power Electronics Converters
5.3.1.6. Smart Energy Storage
5.3.2. Smart Water Management
5.3.3. Smart Waste Management
5.3.4. Smart Distribution Management
5.4. Smart Education
5.5. Smart Healthcare
5.5.1. Connected Healthcare Solutions
5.5.2. Telemedicine
5.6. Smart Public Safety
5.6.1. Surveillance
5.6.2. Command & Control Solutions
5.7. Smart Governance
5.7.1. E-Governance Solutions
5.7.2. Smart Emergency Management
5.7.3. Smart Law Enforcement
5.7.4. Smart City Planning
5.8. Smart Lighting Solutions
5.9. Smart Buildings
5.9.1. Smart Lighting Control Systems
5.9.2. Smart Energy Management System
5.9.3. Smart Facility Management System
6. Global Smart City Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software
7. Global Smart City Market, by Geography
7.1. Introduction
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. Latin-America
7.6. Middle East & Africa
8. Competitive Landscape
8.1. Introduction
8.2. Key Growth Strategies
8.3. Competitive Benchmarking
8.4. Market Ranking (2018)
8.4.1. General Electric
8.4.2. Intel Corporation.
8.4.3. IBM Corporation.
8.4.4. Cisco Systems Inc.
9. Company Profiles
10. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/cj2ddy
