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Smart City Technologies Market, By Component (Hardware, Software, and Services), By Application (Smart Transportation, Smart Buildings, Smart Utilities, and Smart Citizen Services), By Geography (North America, Latin America, Asia Pacific, Europe, Middle

Publisher Coherent Market Insights
Published Apr 15, 2025
Length 130 Pages
SKU # CMI20009040

Description

rapid development and adoption of new technologies have enabled cities worldwide to enhance infrastructure, offer better services to citizens, and elevate overall efficiency. The global smart city technologies market is growing at an exponential pace as municipalities acknowledge the role of digitalization and connectivity in achieving long-term sustainability and improved quality of life. Cutting-edge solutions spanning transportation management, public safety, utilities, and civic engagement are being leveraged by both new and existing urban centers to reduce costs, increase collaboration, and future proof their development.

Market Dynamics:

The key drivers fueling growth in the global smart city technologies market include massive infrastructure spending by governments, rising adoption of IoT solutions, and need for enhanced urban management. Data analytics, AI, and digital platforms that enable intelligent traffic systems, environmental monitoring, emergency response coordination, and others are high in demand. However, high initial investment costs, data privacy, and security concerns continue to hinder widespread deployment of advanced smart city projects. On the upside, 5G rollout and proliferation of connected devices present significant opportunities for technology providers to develop innovative applications and solutions.

Key Features of the Study:
  • This report provides in-depth analysis of the global smart city technologies market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global smart city technologies market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Cisco Systems, Inc., IBM Corporation, Siemens AG, Microsoft Corporation, Huawei Technologies Co., Ltd., General Electric Company, Oracle Corporation, Schneider Electric SE, Honeywell International Inc., Hitachi Ltd., Panasonic Corporation, Accenture PLC, Itron, Inc., SAP SE, and LG Corporation
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global smart city technologies market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global smart city technologies market
Market Segmentation
  • Component Insights (Revenue, USD Bn, 2020 - 2032)
  • Hardware
  • Software
  • Services
  • Application Insights (Revenue, USD Bn, 2020 - 2032)
  • Smart Transportation
  • Smart Buildings
  • Smart Utilities
  • Smart Citizen Services
  • Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America
  • Europe
  • Germany
  • U,K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC Countries
  • Israel
  • Rest of Middle East
  • Africa
  • South Africa
  • North Africa
  • Central Africa
  • Company Profiles:
  • Cisco Systems, Inc.
  • IBM Corporation
  • Siemens AG
  • Microsoft Corporation
  • Huawei Technologies Co., Ltd.
  • General Electric Company
  • Oracle Corporation
  • Schneider Electric SE
  • Honeywell International Inc.
  • Hitachi Ltd.
  • Panasonic Corporation
  • Accenture PLC
  • Itron, Inc.
  • SAP SE
  • LG Corporation

Table of Contents

130 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Global Smart City Technologies Market, By Component
Global Smart City Technologies Market, By Application
Global Smart City Technologies Market, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trends
4. Global Smart City Technologies Market, By Component, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Hardware
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Software
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
5. Global Smart City Technologies Market, By Application, 2020-2032, (USD Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Smart Transportation
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Smart Buildings
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Smart Utilities
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
Smart Citizen Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (USD Bn)
6. Global Smart City Technologies Market, By Region, 2020 - 2032, Value (USD Bn)
Introduction
Market Share (%) Analysis, 2025, 2028 & 2032, Value (USD Bn)
Market Y-o-Y Growth Analysis (%), 2021 - 2032, Value (USD Bn)
Regional Trends
North America
Introduction
Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
Introduction
Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country, 2020 - 2032, Value (USD Bn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, By Component, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Application, 2020 - 2032, Value (USD Bn)
Market Size and Forecast, By Country/Region, 2020 - 2032, Value (USD Bn)
South Africa
North Africa
Central Africa
7. Competitive Landscape
Cisco Systems, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
IBM Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Siemens AG
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Microsoft Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Huawei Technologies Co., Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
General Electric Company
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Oracle Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Schneider Electric SE
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Honeywell International Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Hitachi Ltd.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Panasonic Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Accenture PLC
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Itron, Inc.
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
SAP SE
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
LG Corporation
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. References and Research Methodology
References
Research Methodology
About us
*Browse 32 market data tables and 28 figures on 'Smart City Technologies Market' - forecast to 2032

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