IoT in Smart Cities Market Research Report

IoT in Smart Cities Market Size By Application (Smart Utilities, Smart Building, Smart Transportation, Smart Citizen Services), By Solution (Data Management, Reporting and Analytics, Security, Network Management, Real-Time Location System, Remote Monitoring), By Service (Managed Services, Professional Services), By Offering (Services, Solutions), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast

The global IoT in smart cities market size is expected to be around US$ 360.0 billion by 2027, at a CAGR of 18% during the forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2022-2027

Base Year:

2021

CAGR:

18

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The global IoT in smart cities market size is expected to be around US$ 360.0 billion by 2027, at a CAGR of 18% during the forecast period. 

Globally the demand for IoT services has improved at a rapid rate within the past few years. Overview of latest technologies supported IoT platform and growing combination of IoT services has further enhanced the demand during this market. Furthermore, increasing government programmes for smart cities is taken into account as a key sector for the expansion of this market.  The objective of this report is to supply all the crucial information to the key stakeholders operating within the IoT in smart cities market. Analysts of the report have taken all the critical factors moving the development of the market. they necessity declared all the key drivers and trends that have boosted the demand during this market. Limiting factors that are limiting the expansion also are included with the aim to warn and inform players and investors to require effective steps.

Development of the IoT in Smart Cities Market is growing number of state initiatives and PPP models for smart cities, improvements within the communication infrastructure that are brought by IoT and rising adoption of connected and smart technologies in smart cities initiatives.

The global IoT in Smart Cities market is segregated on the basis of Application as Smart Utilities, Smart Building, Smart Transportation, and Smart Citizen Services. Based on Solution the global IoT in Smart Cities market is segmented in Data Management, Reporting and Analytics, Security, Network Management, Real-Time Location System, and Remote Monitoring. Based on Service the global IoT in Smart Cities market is segmented in Managed Services and Professional Services.

Based on Offering, the global IoT in Smart Cities market is segmented in Services and Solutions.

The global IoT in Smart Cities market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The IoT in Smart Cities market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Schneider Electric, Arm, Quantela, Sierra Wireless, Hitachi, IBM, Cisco, Intel, Huawei, Microsoft, and others are among the major players in the global IoT in Smart Cities market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The IoT in Smart Cities Market has been segmented as below:

IoT in Smart Cities Market, By Application

  • Smart Utilities
  • Smart Building
  • Smart Transportation
  • Smart Citizen Services
  • Education
  • Healthcare
  • Public Safety

IoT in Smart Cities Market, By Solution

  • Data Management
  • Reporting and Analytics
  • Security
  • Network Management
  • Real-Time Location System
  • Remote Monitoring

IoT in Smart Cities Market, By Service

  • Managed Services
  • Professional Services

IoT in Smart Cities Market, By Offering

  • Services
  • Solutions

IoT in Smart Cities Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

IoT in Smart Cities Market, By Company

  • Schneider Electric
  • Arm
  • Quantela
  • Sierra Wireless
  • Hitachi
  • IBM
  • Cisco
  • Intel
  • Huawei
  • Microsoft
  • Tech Mahindra
  • Honeywell
  • Siemens
  • Bosch Software Innovations
  • PTC

The report covers:

  • Global IoT in Smart Cities market sizes from 2018 to 2027, along with CAGR for 2022-2027
  • Market size comparison for 2020 vs 2027, with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
  • Global IoT in Smart Cities market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global IoT in Smart Cities market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global IoT in Smart Cities market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global IoT in Smart Cities market share. Major industry players with significant revenue share include Schneider Electric, Arm, Quantela, Sierra Wireless, Hitachi, IBM, Cisco, Intel, Huawei, Microsoft, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the IoT in Smart Cities industry trends
  • Find complete analysis on the market status
  • Identify the IoT in Smart Cities market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Customization

Customized report as per the requirement can be offered with appropriate recommendations.

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1. Introduction

    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders

2. Research Methodology

    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
        2.4.1 Secondary Research
        2.4.2 Primary Research
        2.4.3 Models for Estimation
    2.5 Market Size Estimation
        2.5.1 Bottom-Up Approach – Segmental Market Analysis
        2.5.2 Top-Down Approach – Parent Market Analysis

3. Executive Summary

4. Market Overview

    4.1 Introduction
        4.2.1 Drivers
        4.2.2 Restraints
        4.2.3 Opportunities
        4.2.4 Challenges
    4.2 Porter’s Five Force Analysis

5. IoT in Smart Cities Market, By Application

    5.1 Introduction
    5.2 Smart Utilities
        5.2.1 Market Overview
        5.2.2 Market Size and Forecast
    5.3 Smart Building
        5.3.1 Market Overview
        5.3.2 Market Size and Forecast
    5.4 Smart Transportation
        5.4.1 Market Overview
        5.4.2 Market Size and Forecast
    5.5 Smart Citizen Services
        5.5.1 Market Overview
        5.5.2 Market Size and Forecast

6. IoT in Smart Cities Market, By Solution

    6.1 Introduction
    6.2 Data Management
        6.2.1 Market Overview
        6.2.2 Market Size and Forecast
    6.3 Reporting and Analytics
        6.3.1 Market Overview
        6.3.2 Market Size and Forecast
    6.4 Security
        6.4.1 Market Overview
        6.4.2 Market Size and Forecast
    6.5 Network Management
        6.5.1 Market Overview
        6.5.2 Market Size and Forecast
    6.6 Real-Time Location System
        6.6.1 Market Overview
        6.6.2 Market Size and Forecast
    6.7 Remote Monitoring
        6.7.1 Market Overview
        6.7.2 Market Size and Forecast

7. IoT in Smart Cities Market, By Service

    7.1 Introduction
    7.2 Managed Services
        7.2.1 Market Overview
        7.2.2 Market Size and Forecast
    7.3 Professional Services
        7.3.1 Market Overview
        7.3.2 Market Size and Forecast

8. IoT in Smart Cities Market, By Offering

    8.1 Introduction
    8.2 Services
        8.2.1 Market Overview
        8.2.2 Market Size and Forecast
    8.3 Solutions
        8.3.1 Market Overview
        8.3.2 Market Size and Forecast

9. IoT in Smart Cities Market, By Geography

    9.1 Introduction
    9.2 North America
        9.2.1 North America IoT in Smart Cities, By Application
        9.2.2 North America IoT in Smart Cities, By Solution
        9.2.3 North America IoT in Smart Cities, By Service
        9.2.4 North America IoT in Smart Cities, By Offering
    9.3 Europe
        9.3.1 Europe IoT in Smart Cities, By Application
        9.3.2 Europe IoT in Smart Cities, By Solution
        9.3.3 Europe IoT in Smart Cities, By Service
        9.3.4 Europe IoT in Smart Cities, By Offering
    9.4 Asia-Pacific
        9.4.1 Asia-Pacific IoT in Smart Cities, By Application
        9.4.2 Asia-Pacific IoT in Smart Cities, By Solution
        9.4.3 Asia-Pacific IoT in Smart Cities, By Service
        9.4.4 Asia-Pacific IoT in Smart Cities, By Offering
    9.5 Rest of the World
        9.5.1 Rest of the World IoT in Smart Cities, By Application
        9.5.2 Rest of the World IoT in Smart Cities, By Solution
        9.5.3 Rest of the World IoT in Smart Cities, By Service
        9.5.4 Rest of the World IoT in Smart Cities, By Offering

10. Competitive Insights

    10.1 Key Insights
    10.2 Company Market Share Analysis
    10.3 Strategic Outlook
        10.3.1 Mergers & Acquisitions
        10.3.2 New Product Development
        10.3.3 Portfolio/Production Capacity Expansions
        10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
        10.3.5 Others

11. Company Profiles

    11.1 Schneider Electric
        11.1.1 Company Overview
        11.1.2 Product/Service Landscape
        11.1.3 Financial Overview
        11.1.4 Recent Developments
    11.2 Arm
        11.2.1 Company Overview
        11.2.2 Product/Service Landscape
        11.2.3 Financial Overview
        11.2.4 Recent Developments
    11.3 Quantela
        11.3.1 Company Overview
        11.3.2 Product/Service Landscape
        11.3.3 Financial Overview
        11.3.4 Recent Developments
    11.4 Sierra Wireless
        11.4.1 Company Overview
        11.4.2 Product/Service Landscape
        11.4.3 Financial Overview
        11.4.4 Recent Developments
    11.5 Hitachi
        11.5.1 Company Overview
        11.5.2 Product/Service Landscape
        11.5.3 Financial Overview
        11.5.4 Recent Developments
    11.6 IBM
        11.6.1 Company Overview
        11.6.2 Product/Service Landscape
        11.6.3 Financial Overview
        11.6.4 Recent Developments
    11.7 Cisco
        11.7.1 Company Overview
        11.7.2 Product/Service Landscape
        11.7.3 Financial Overview
        11.7.4 Recent Developments
    11.8 Intel
        11.8.1 Company Overview
        11.8.2 Product/Service Landscape
        11.8.3 Financial Overview
        11.8.4 Recent Developments
    11.9 Huawei
        11.9.1 Company Overview
        11.9.2 Product/Service Landscape
        11.9.3 Financial Overview
        11.9.4 Recent Developments
    11.10 Microsoft
        11.10.1 Company Overview
        11.10.2 Product/Service Landscape
        11.10.3 Financial Overview
        11.10.4 Recent Developments
           11.11 Tech Mahindra
        11.11.1 Company Overview
        11.11.2 Product/Service Landscape
        11.11.3 Financial Overview
        11.11.4 Recent Developments
    11.12 Honeywell
        11.12.1 Company Overview
        11.12.2 Product/Service Landscape
        11.12.3 Financial Overview
        11.12.4 Recent Developments
    11.13 Siemens
        11.13.1 Company Overview
        11.13.2 Product/Service Landscape
        11.13.3 Financial Overview
        11.13.4 Recent Developments
    11.14 Bosch Software Innovations
        11.14.1 Company Overview
        11.14.2 Product/Service Landscape
        11.14.3 Financial Overview
        11.14.4 Recent Developments
    11.15 PTC
        11.15.1 Company Overview
        11.15.2 Product/Service Landscape
        11.15.3 Financial Overview
        11.15.4 Recent Developments

The IoT in Smart Cities Market has been segmented as below:

IoT in Smart Cities Market, By Application

  • Smart Utilities
  • Smart Building
  • Smart Transportation
  • Smart Citizen Services
  • Education
  • Healthcare
  • Public Safety

IoT in Smart Cities Market, By Solution

  • Data Management
  • Reporting and Analytics
  • Security
  • Network Management
  • Real-Time Location System
  • Remote Monitoring

IoT in Smart Cities Market, By Service

  • Managed Services
  • Professional Services

IoT in Smart Cities Market, By Offering

  • Services
  • Solutions

IoT in Smart Cities Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

IoT in Smart Cities Market, By Company

  • Schneider Electric
  • Arm
  • Quantela
  • Sierra Wireless
  • Hitachi
  • IBM
  • Cisco
  • Intel
  • Huawei
  • Microsoft
  • Tech Mahindra
  • Honeywell
  • Siemens
  • Bosch Software Innovations
  • PTC

Got a question? We've got answers. If you have some other questions, see our support center.

The market is expected to grow at a CAGR of 18% during the study period (2022-2027)
The global IoT in smart cities market size is expected to be around US$ 360.0 billion by 2027
The segment included in IoT in Smart Cities Market is Application, Solution, Service, Offering, Company and region.
Some key players operating in the IoT in Smart Cities Market include Schneider Electric, Arm, Quantela, Sierra Wireless, Hitachi, IBM, Cisco, Intel, Huawei, Microsoft
We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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