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 2022-2027
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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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
18
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
IoT in Smart Cities Market, By Solution
IoT in Smart Cities Market, By Service
IoT in Smart Cities Market, By Offering
IoT in Smart Cities Market, By Region
IoT in Smart Cities Market, By Company
The report covers:
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.
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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
IoT in Smart Cities Market, By Solution
IoT in Smart Cities Market, By Service
IoT in Smart Cities Market, By Offering
IoT in Smart Cities Market, By Region
IoT in Smart Cities Market, By Company
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