Smart City Platforms

Smart City Platforms

Global Smart City Platforms Market to Reach $412.1 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Smart City Platforms estimated at US$210.3 Billion in the year 2022, is projected to reach a revised size of US$412.1 Billion by 2030, growing at aCAGR of 8.8% over the period 2022-2030. Platforms, one of the segments analyzed in the report, is projected to record 8.3% CAGR and reach US$264.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 9.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $62.3 Billion, While China is Forecast to Grow at 8% CAGR
The Smart City Platforms market in the U.S. is estimated at US$62.3 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$70.2 Billion by the year 2030 trailing a CAGR of 8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 6.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.

Select Competitors (Total 34 Featured) -

• Alibaba
• AWS
• Bosch.io
• CIMCON Lighting
• Cisco
• Ericsson
• Fujitsu
• Fybr
• Google
• Hitachi
• Huawei
• IBM
• Intel
• KaaIoT Technologies
• Microsoft
• NEC
• Oracle
• SAP
• Schneider Electric
• SICE
• Siemens
• Sierra Wireless
• Siradel
• Smarter City Solutions
• thethings.iO
• Ubicquia

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