Global Smart Cities Market Growth, Size, Trends Analysis - By Applications, By Smart Governance, By Smart Utilites, By Smart Transportation, By Smart Healthcare - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Global Smart Cities Market Introduction and Overview

According to SPER market research, 'Global Smart Cities Market Size- By Applications, By Smart Governance, By Smart Utilites, By Smart Transportation, By Smart Healthcare - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' states that the Global Smart Cities Market is predicted to reach USD 11800.4 billion by 2034 with a CAGR of 29.65%.

A Smart City is an urban area that employs advanced technologies such as IoT, data analytics, and ICT to improve quality of life, increase efficiency, and promote long-term development. In the industry, smart cities prioritize optimizing urban services such as transportation, energy management, healthcare, and public safety. By integrating digital infrastructure with city operations, they enable real-time monitoring, optimal resource utilization, and improved citizen participation.

Restraints: High implementation costs provide a substantial barrier to the growth of smart cities. Developing smart city infrastructure requires major investment in IoT networks, AI solutions, data centers, smart utilities, advanced hardware and software, and integration with existing systems. Skilled people and long-term maintenance raise expenses, making it impossible for many communities, particularly those in developing countries, to initiate or expand projects.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By Applications, By Smart Governance, By Smart Utilites, By Smart Transportation, By Smart Healthcare

Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered Cisco Systems, Inc, General Electric, Hitachi, Ltd, Honeywell International Inc, Huawei Technologies Co, Ltd, International Business Machines Corporation, Microsoft, NEC Corporation, Quantela, Inc, Schneider Electric.

Global Smart Cities Market Segmentation:

By Application: Based on the Application, Global Smart Cities Market is segmented as; Smart Governance, Smart Building, Environmental Solution, Smart Utilities, Smart Transportation, Smart Healthcare, Smart Public Safety, Smart Security, Smart Education.

By Smart Governance: Based on the Smart Governance, Global Smart Cities Market is segmented as; City Surveillance, C.C.S., E-governance, Smart Lighting, Smart Infrastructure.

By Smart Utilities: Based on the Smart Utilities, Global Smart Cities Market is segmented as; Energy Management, Water Management, Waste Management, Meter Data Management, Distribution Management System, Substation Automation, Other Smart Utilities Solutions.

By Smart Transportation: Based on the Smart Transportation, Global Smart Cities Market is segmented as; Intelligent Transportation System, Parking Management, Smart Ticketing & Travel Assistance, Traffic Management, Passenger Information, Connected Logistics, Other Smart Transportation Solutions.

By Smart Healthcare: Based on the Smart Healthcare, Global Smart Cities Market is segmented as; Medical Devices, Systems & Software.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: IACT25177

1.Introduction

1.1.Scope of the report
1.2.Market segment analysis

2.Research Methodology

2.1.Research data source
- 2.1.1.Secondary Data
- 2.1.2.Primary Data
- 2.1.3.SPERs internal database
- 2.1.4.Premium insight from KOLs
2.2.Market size estimation
- 2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation

3.Executive Summary

4.Market Dynamics

4.1.Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1.Drivers
- 4.1.2.Restraints
- 4.1.3.Opportunities
- 4.1.4.Challenges

5.Market variable and outlook

5.1.SWOT Analysis
- 5.1.1.Strengths
- 5.1.2.Weaknesses
- 5.1.3.Opportunities
- 5.1.4.Threats
5.2.PESTEL Analysis
- 5.2.1.Political Landscape
- 5.2.2.Economic Landscape
- 5.2.3.Social Landscape
- 5.2.4.Technological Landscape
- 5.2.5.Environmental Landscape
- 5.2.6.Legal Landscape
5.3.PORTERs Five Forces
- 5.3.1.Bargaining power of suppliers
- 5.3.2.Bargaining power of buyers
- 5.3.3.Threat of Substitute
- 5.3.4.Threat of new entrant
- 5.3.5.Competitive rivalry
5.4.Heat Map Analysis

6.Competitive Landscape

6.1.Global Smart Cities Market Manufacturing Base Distribution, Sales Area, Product Type
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Smart Cities Market

7.Global Smart Cities Market, By Application (USD Million) 2021-2034

7.1.Smart Governance
7.2.Smart Building
7.3.Environmental Solution
7.4.Smart Utilities
7.5.Smart Transportation
7.6.Smart Healthcare
7.7.Smart Public Safety
7.8.Smart Security
7.9.Smart Education

8.Global Smart Cities Market, By Smart Governance (USD Million) 2021-2034

8.1.City Surveillance
8.2.C.C.S.
8.3.E-governance
8.4.Smart Lighting
8.5.Smart Infrastructure

9.Global Smart Cities Market, By Smart Utilities (USD Million) 2021-2034

9.1.Energy Management
9.2.Water Management
9.3.Waste Management
9.4.Meter Data Management
9.5.Distribution Management System
9.6.Substation Automation
9.7.Other Smart Utilities Solutions

10.Global Smart Cities Market, By Smart Transportation (USD Million) 2021-2034

10.1.Intelligent Transportation System
10.2.Parking Management
10.3.Smart Ticketing & Travel Assistance
10.4.Traffic Management
10.5.Passenger Information
10.6.Connected Logistics
10.7.Other Smart Transportation Solutions

11.Global Smart Cities Market, By Smart Healthcare (USD Million) 2021-2034

11.1.Medical Devices
11.2.Systems & Software

12.Global Smart Cities Market, (USD Million) 2021-2034

12.1.Global Smart Cities Market Size and Market Share

13.Global Smart Cities Market, By Region, (USD Million) 2021-2034

13.1.Asia-Pacific
- 13.1.1.Australia
- 13.1.2.China
- 13.1.3.India
- 13.1.4.Japan
- 13.1.5.South Korea
- 13.1.6.Rest of Asia-Pacific
13.2.Europe
- 13.2.1.France
- 13.2.2.Germany
- 13.2.3.Italy
- 13.2.4.Spain
- 13.2.5.United Kingdom
- 13.2.6.Rest of Europe
13.3.Middle East and Africa
- 13.3.1.Kingdom of Saudi Arabia
- 13.3.2.United Arab Emirates
- 13.3.3.Qatar
- 13.3.4.South Africa
- 13.3.5.Egypt
- 13.3.6.Morocco
- 13.3.7.Nigeria
- 13.3.8.Rest of Middle-East and Africa
13.4.North America
- 13.4.1.Canada
- 13.4.2.Mexico
- 13.4.3.United States
13.5.Latin America
- 13.5.1.Argentina
- 13.5.2.Brazil
- 13.5.3.Rest of Latin America

14.Company Profile

14.1.Cisco Systems, Inc
- 14.1.1.Company details
- 14.1.2.Financial outlook
- 14.1.3.Product summary
- 14.1.4.Recent developments
14.2.General Electric
- 14.2.1.Company details
- 14.2.2.Financial outlook
- 14.2.3.Product summary
- 14.2.4.Recent developments
14.3.Hitachi, Ltd
- 14.3.1.Company details
- 14.3.2.Financial outlook
- 14.3.3.Product summary
- 14.3.4.Recent developments
14.4.Honeywell International Inc
- 14.4.1.Company details
- 14.4.2.Financial outlook
- 14.4.3.Product summary
- 14.4.4.Recent developments
14.5.Huawei Technologies Co., Ltd
- 14.5.1.Company details
- 14.5.2.Financial outlook
- 14.5.3.Product summary
- 14.5.4.Recent developments
14.6.International Business Machines Corporation (IBM)
- 14.6.1.Company details
- 14.6.2.Financial outlook
- 14.6.3.Product summary
- 14.6.4.Recent developments
14.7.Microsoft
- 14.7.1.Company details
- 14.7.2.Financial outlook
- 14.7.3.Product summary
- 14.7.4.Recent developments
14.8.NEC Corporation
- 14.8.1.Company details
- 14.8.2.Financial outlook
- 14.8.3.Product summary
- 14.8.4.Recent developments
14.9.Quantela, Inc
- 14.9.1.Company details
- 14.9.2.Financial outlook
- 14.9.3.Product summary
- 14.9.4.Recent developments
14.10.Schneider Electric
- 14.10.1.Company details
- 14.10.2.Financial outlook
- 14.10.3.Product summary
- 14.10.4.Recent developments
14.11.Others