Smart Cities Market Size, Growth, Demands Outlook and Forecasts to 2030

According to the research report, the global smart cities market size is expected to touch USD 7,162.5 Billion by 2030, from USD 1273.15 Billion in 2022, growing with a significant CAGR of 24.1% from 2022 to 2030. 

The smart cities report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global smart cities in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global smart cities market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global smart cities during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Smart Cities Market

Report Coverage	Details
Market Size by 2030	USD 7,162.5 Billion
Growth Rate from 2022 to 2030	CAGR of 24.1%
North America Market Share in 2022	32%
Energy Management Segment Revenue Share 2022	57%
Base Year	2022
Forecast Period	2023 to 2030
Segments Covered	Smart Utilities, Smart Governance, Application, Components, Technologies, Geography

This study covers a detailed segmentation of the global smart cities market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global smart cities market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

Key Players

• Siemens
• Cisco
• Hitachi
• IBM
• Microsoft
• Schneider Electric
• Huawei
• Intel
• NEC
• ABB
• AGT International

Market Segmentation

 By Smart Utilities

• Water Management
• Waste Management
• Energy Management

By Smart Governance

• CCS
• E-governance
• City Surveillance
• Smart Infrastructure
• Smart Lighting

By Application

• Smart Building
• Smart Governance
• Smart Utilities
• Smart Transportation
• Environmental Solution
• Smart Healthcare
• Smart Mobility Management
• Smart Public Safety

By Component

• Hardware
• Software
• Service

By  Smart Transportation

• Intelligent Transportation System
• Parking Management
• Smart Ticketing & Travel Assistance

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)
• GCC
• North Africa
• South Africa
• Rest of the Middle East & Africa

Research Methodology

The research methodology adopted by analysts for compiling the global smart cities report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global smart cities market.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Smart Cities Market 

5.1. COVID-19 Landscape: Smart Cities Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Smart Cities Market, By Smart Utilities Type

8.1. Smart Cities Market, by Smart Utilities Type, 2022-2030

8.1.1. Water Management

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Waste Management

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Energy Management

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Smart Cities Market, By Smart Governance Type

9.1. Smart Cities Market, by Smart Governance Type, 2022-2030

9.1.1. CCS

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. E-governance

9.1.2.1. Market Revenue and Forecast (2017-2030)

9.1.3. City Surveillance

9.1.3.1. Market Revenue and Forecast (2017-2030)

9.1.4. Smart Infrastructure

9.1.4.1. Market Revenue and Forecast (2017-2030)

9.1.5. Smart Lighting

9.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Smart Cities Market, By Technology Type 

10.1. Smart Cities Market, by Technology Type, 2022-2030

10.1.1. Open-data initiatives

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. Parking Apps

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. City Guide App

10.1.3.1. Market Revenue and Forecast (2017-2030)

10.1.4. Wi-Fi

10.1.4.1. Market Revenue and Forecast (2017-2030)

10.1.5. Real-time information

10.1.5.1. Market Revenue and Forecast (2017-2030)

10.1.6. Surveillance

10.1.6.1. Market Revenue and Forecast (2017-2030)

10.1.7. Sharing economy

10.1.7.1. Market Revenue and Forecast (2017-2030)

10.1.8. Crisis Response System

10.1.8.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Smart Cities Market, By Application Type

11.1. Smart Cities Market, by Application Type, 2022-2030

11.1.1. Smart Building

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Smart Governance

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Smart Utilities

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Smart Transportation

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Environmental Solution

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.6. Smart Healthcare

11.1.6.1. Market Revenue and Forecast (2017-2030)

11.1.7. Smart Mobility Management

11.1.7.1. Market Revenue and Forecast (2017-2030)

11.1.8. Smart Public Safety

11.1.8.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Smart Cities Market, By Component Type

12.1. Smart Cities Market, by Component, 2022-2030

12.1.1. Hardware

12.1.1.1. Market Revenue and Forecast (2017-2030)

12.1.2. Software

12.1.2.1. Market Revenue and Forecast (2017-2030)

12.1.3. Service

12.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 13. Global Smart Cities  Market, Regional Estimates and Trend Forecast

13.1. North America

13.1.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.1.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.1.3. Market Revenue and Forecast, by Technology (2017-2030)

13.1.4. Market Revenue and Forecast, by Application (2017-2030)

13.1.5. Market Revenue and Forecast, by Component (2017-2030)

13.1.6. U.S.

13.1.6.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.1.6.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.1.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.1.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.1.7. Market Revenue and Forecast, by Component (2017-2030) 

13.1.8. Rest of North America

13.1.8.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.1.8.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.1.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.1.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.1.8.5. Market Revenue and Forecast, by Component (2017-2030)

13.2. Europe

13.2.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.2.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.2.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.4. Market Revenue and Forecast, by Application (2017-2030) 

13.2.5. Market Revenue and Forecast, by Component (2017-2030) 

13.2.6. UK

13.2.6.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.2.6.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.2.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.7. Market Revenue and Forecast, by Application (2017-2030) 

13.2.8. Market Revenue and Forecast, by Component (2017-2030) 

13.2.9. Germany

13.2.9.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.2.9.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.2.9.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.10. Market Revenue and Forecast, by Application (2017-2030)

13.2.11. Market Revenue and Forecast, by Component (2017-2030)

13.2.12. France

13.2.12.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.2.12.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.2.12.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.12.4. Market Revenue and Forecast, by Application (2017-2030)

13.2.13. Market Revenue and Forecast, by Component (2017-2030)

13.2.14. Rest of Europe

13.2.14.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.2.14.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.2.14.3. Market Revenue and Forecast, by Technology (2017-2030)

13.2.14.4. Market Revenue and Forecast, by Application (2017-2030)

13.2.15. Market Revenue and Forecast, by Component (2017-2030)

13.3. APAC

13.3.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.3.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.3.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.5. Market Revenue and Forecast, by Component (2017-2030)

13.3.6. India

13.3.6.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.3.6.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.3.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.7. Market Revenue and Forecast, by Component (2017-2030)

13.3.8. China

13.3.8.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.3.8.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.3.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.9. Market Revenue and Forecast, by Component (2017-2030)

13.3.10. Japan

13.3.10.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.3.10.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.3.10.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.10.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.10.5. Market Revenue and Forecast, by Component (2017-2030)

13.3.11. Rest of APAC

13.3.11.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.3.11.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.3.11.3. Market Revenue and Forecast, by Technology (2017-2030)

13.3.11.4. Market Revenue and Forecast, by Application (2017-2030)

13.3.11.5. Market Revenue and Forecast, by Component (2017-2030)

13.4. MEA

13.4.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.4.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.4.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.5. Market Revenue and Forecast, by Component (2017-2030)

13.4.6. GCC

13.4.6.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.4.6.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.4.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.7. Market Revenue and Forecast, by Component (2017-2030)

13.4.8. North Africa

13.4.8.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.4.8.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.4.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.9. Market Revenue and Forecast, by Component (2017-2030)

13.4.10. South Africa

13.4.10.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.4.10.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.4.10.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.10.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.10.5. Market Revenue and Forecast, by Component (2017-2030)

13.4.11. Rest of MEA

13.4.11.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.4.11.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.4.11.3. Market Revenue and Forecast, by Technology (2017-2030)

13.4.11.4. Market Revenue and Forecast, by Application (2017-2030)

13.4.11.5. Market Revenue and Forecast, by Component (2017-2030)

13.5. Latin America

13.5.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.5.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.5.3. Market Revenue and Forecast, by Technology (2017-2030)

13.5.4. Market Revenue and Forecast, by Application (2017-2030)

13.5.5. Market Revenue and Forecast, by Component (2017-2030)

13.5.6. Brazil

13.5.6.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.5.6.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.5.6.3. Market Revenue and Forecast, by Technology (2017-2030)

13.5.6.4. Market Revenue and Forecast, by Application (2017-2030)

13.5.7. Market Revenue and Forecast, by Component (2017-2030)

13.5.8. Rest of LATAM

13.5.8.1. Market Revenue and Forecast, by Smart Utilities (2017-2030)

13.5.8.2. Market Revenue and Forecast, by Smart Governance (2017-2030)

13.5.8.3. Market Revenue and Forecast, by Technology (2017-2030)

13.5.8.4. Market Revenue and Forecast, by Application (2017-2030)

13.5.8.5. Market Revenue and Forecast, by Component (2017-2030)

Chapter 14. Company Profiles

14.1. Siemens

14.1.1. Company Overview

14.1.2. Product Offerings

14.1.3. Financial Performance

14.1.4. Recent Initiatives

14.2. Cisco

14.2.1. Company Overview

14.2.2. Product Offerings

14.2.3. Financial Performance

14.2.4. Recent Initiatives

14.3. Hitachi

14.3.1. Company Overview

14.3.2. Product Offerings

14.3.3. Financial Performance

14.3.4. Recent Initiatives

14.4. IBM

14.4.1. Company Overview

14.4.2. Product Offerings

14.4.3. Financial Performance

14.4.4. Recent Initiatives

14.5. Microsoft

14.5.1. Company Overview

14.5.2. Product Offerings

14.5.3. Financial Performance

14.5.4. Recent Initiatives

14.6. Schneider Electric

14.6.1. Company Overview

14.6.2. Product Offerings

14.6.3. Financial Performance

14.6.4. Recent Initiatives

14.7. Huawei

14.7.1. Company Overview

14.7.2. Product Offerings

14.7.3. Financial Performance

14.7.4. Recent Initiatives

14.8. Intel

14.8.1. Company Overview

14.8.2. Product Offerings

14.8.3. Financial Performance

14.8.4. Recent Initiatives

14.9. NEC

14.9.1. Company Overview

14.9.2. Product Offerings

14.9.3. Financial Performance

14.9.4. Recent Initiatives

14.10. ABB

14.10.1. Company Overview

14.10.2. Product Offerings

14.10.3. Financial Performance

14.10.4. Recent Initiatives

14.11. AGT International

14.11.1. Company Overview

14.11.2. Product Offerings

14.11.3. Financial Performance

14.11.4. Recent Initiatives

Chapter 15. Research Methodology

15.1. Primary Research

15.2. Secondary Research

15.3. Assumptions

Chapter 16. Appendix

16.1. About Us

16.2. Glossary of Terms

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