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Smart Cities Market Size, Share & Trends Analysis Report By Application (Education, Governance, Buildings, Mobility, Healthcare, Utilities), By Component (Services, Solutions), And Segment Forecasts 2018 - 2025

Smart Cities Market Size, Share & Trends Analysis Report By Application (Education, Governance, Buildings, Mobility, Healthcare, Utilities), By Component (Services, Solutions), And Segment Forecasts 2018 - 2025

The global smart cities market size is anticipated to reach USD 2.57 trillion by 2025, according to a new report by Grand View Research, Inc., registering a strong CAGR of 18.4% during the forecast period. Rising demand for smart city solutions is anticipated to be driven by factors such as growing urban population, need to better manage limited natural resources, and increasing focus on environmental sustainability.

Smart cities encapsulate an overwhelming number of different domains and application areas enhanced with technological advancements and their effective use in providing services to people. Be it a major tourism hub or a small community striving to become sustainable, smart city solutions have found their way in diverse areas of urban living.Rapid urbanization, obsolete infrastructure, adoption of new technologies, and need for improved quality of life are also driving industry growth.

The market addresses a diverse set of requirements, such as efficient mobility, smart and enhanced buildings and homes, optimum energy utilization, and better administrative services. Soaring adoption of novel technologies that complement management of cities of the future is a major catalyst in industry growth. The industry also stands to benefit from initiatives taken by national and regional governments, residents, and local businesses to implement projects and tend toward problems plaguing their cities.

The market encompasses myriad sectors such as healthcare, transport, water, assisted living, security, and energy and their implementation varies from city to city due to technological penetration in the region. High amount of initial financial investments, need for consolidation of different departments and sectors, and lack of a systemic approach may threaten industry growth. Nevertheless, the market is anticipated to grow at a rapid rate in the coming years, driven by the industries’ renewed interest, availability of technology, and all-inclusive participation of industry stakeholders.

Further key findings from the report suggest:

  • Communication infrastructure and web-based services are anticipated to play a major role in the industry’s stride toward global adoption. The inevitable consolidation of services, infrastructure, data, and sensors will help in the creation of truly intelligent cities of the future
  • Major hindrances in adoption and implementation of these technologies include concerns regarding privacy and security of data. Attempts have also been made at developing consortiums to support and standardize the market globally; however, this has been limited to certain regions and application areas due to lack of a systemic approach
  • The industry is witnessing different forms of investment scenarios, such as Build Operate Transfer (BOT), Build Operate Manage (BOM), and Build Operate Own (BOO), which are gaining traction as major financial funding measures for smart cities
  • The BOM model for investment and management is gaining popularity due to its ease of operation and a combined control over the infrastructure it offers to interested parties
  • Key industry participants include ABB Group, Accenture, Cisco Systems, Schneider Electric, Siemens, IBM Corp., General Electric, and Microsoft. Companies such as Hitachi; Honeywell International Inc.; Intel; Oracle; Huawei Technologies Ltd.; and Johnson Controls are also at the forefront of developing smart city solutions
  • The industry is also marked with a growing number of collaborations between governments and companies to develop and implement pilot projects.


Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Smart Cities Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Smart Cities Market, 2014 - 2025
Chapter 3 Smart Cities Industry Outlook
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Smart Cities - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Smart Cities Market Dynamics
3.4.1 Market driver analysis
3.4.1.1 Government initiatives
3.4.1.2 Rapid urbanization and ageing infrastructure
3.4.1.3 Growing focus on environmental sustainability
3.4.2 Market restraint analysis
3.4.2.1 High initial costs
3.5 Smart Cities Market - Company Ranking, 2016
3.6 Penetration and Growth Prospect Mapping
3.7 Smart Cities - Porter’s Five Forces Analysis
3.8 Smart Cities - PESTEL Analysis
Chapter 4 Smart Cities Component Outlook
4.1 Smart Cities Market Share By Component, 2016 & 2025
4.2 Solutions
4.2.1 Smart cities solutions market, 2014 - 2025
4.3 Services
4.3.1 Smart cities services market, 2014 - 2025
4.3.2 Integration & Deployment
4.3.2.1 Integration & deployment services market, 2014 - 2025
4.3.3 Professional Services
4.3.3.1 Professional services market, 2014 - 2025
Chapter 5 Smart Cities Application Outlook
5.1 Smart Cities Market Share By Application, 2016 & 2025
5.2 Smart Education
5.2.1 Smart education market, 2014 - 2025
5.3 Smart Governance
5.3.1 Smart governance market, 2014 - 2025
5.4 Smart Buildings
5.4.1 Smart buildings market, 2014 - 2025
5.5 Smart Mobility
5.5.1 Smart mobility market, 2014 - 2025
5.6 Smart Healthcare
5.6.1 Smart healthcare market, 2014 - 2025
5.7 Smart Utilities
5.7.1 Smart utilities market, 2014 - 2025
Chapter 6 Smart Cities Regional Outlook
6.1 Smart Cities Market Share By Region, 2016 & 2025
6.2 North America
6.2.1 North America smart cities market, 2014 - 2025
6.2.2 North America smart cities market, by component, 2014 - 2025
6.2.2.1 North America smart cities market, by services, 2014 - 2025
6.2.3 North America smart cities market, by application, 2014 - 2025
6.2.4 U.S.
6.2.4.1 U.S. smart cities market, 2014 - 2025
6.2.4.2 U.S. smart cities market, by component, 2014 - 2025
6.2.4.2.1 U.S. smart cities market, by services, 2014 - 2025
6.2.4.3 U.S. smart cities market, by application, 2014 - 2025
6.2.5 Canada
6.2.5.1 Canada smart cities market, 2014 - 2025
6.2.5.2 Canada smart cities market, by component, 2014 - 2025
6.2.5.2.1 Canada smart cities market, by services, 2014 - 2025
6.2.5.3 Canada smart cities market, by application, 2014 - 2025
6.2.6 Mexico
6.2.6.1 Mexico smart cities market, 2014 - 2025
6.2.6.2 Mexico smart cities market, by component, 2014 - 2025
6.2.6.2.1 Mexico smart cities market, by services, 2014 - 2025
6.2.6.3 Mexico smart cities market, by application, 2014 - 2025
6.3 Europe
6.3.1 Europe smart cities market, 2014 - 2025
6.3.2 Europe smart cities market, by component, 2014 - 2025
6.3.2.1 Europe smart cities market, by services, 2014 - 2025
6.3.3 Europe smart cities market, by application, 2014 - 2025
6.3.4 U.K.
6.3.4.1 U.K. smart cities market, 2014 - 2025
6.3.4.2 U.K. smart cities market, by component, 2014 - 2025
6.3.4.2.1 U.K. smart cities market, by services, 2014 - 2025
6.3.4.3 U.K. smart cities market, by application, 2014 - 2025
6.3.5 Germany
6.3.5.1 Germany smart cities market, 2014 - 2025
6.3.5.2 Germany smart cities market, by component, 2014 - 2025
6.3.5.2.1 Germany smart cities market, by services, 2014 - 2025
6.3.5.3 Germany smart cities market, by application, 2014 - 2025
6.3.6 France
6.3.6.1 France smart cities market, 2014 - 2025
6.3.6.2 France smart cities market, by component, 2014 - 2025
6.3.6.2.1 France smart cities market, by services, 2014 - 2025
6.3.6.3 France smart cities market, by application, 2014 - 2025
6.3.7 Spain
6.3.7.1 Spain smart cities market, 2014 - 2025
6.3.7.2 Spain smart cities market, by component, 2014 - 2025
6.3.7.2.1 Spain smart cities market, by services, 2014 - 2025
6.3.7.3 Spain smart cities market, by application, 2014 - 2025
6.4 Asia Pacific
6.4.1 Asia Pacific smart cities market, 2014 - 2025
6.4.2 Asia Pacific smart cities market, by component, 2014 - 2025
6.4.2.1 Asia Pacific smart cities market, by services, 2014 - 2025
6.4.3 Asia Pacific smart cities market, by application, 2014 - 2025
6.4.4 China
6.4.4.1 China smart cities market, 2014 - 2025
6.4.4.2 China smart cities market, by component, 2014 - 2025
6.4.4.2.1 China smart cities market, by services, 2014 - 2025
6.4.4.3 China smart cities market, by application, 2014 - 2025
6.4.5 India
6.4.5.1 India smart cities market, 2014 - 2025
6.4.5.2 India smart cities market, by component, 2014 - 2025
6.4.5.2.1 India smart cities market, by services, 2014 - 2025
6.4.5.3 India smart cities market, by application, 2014 - 2025
6.4.6 Japan
6.4.6.1 Japan smart cities market, 2014 - 2025
6.4.6.2 Japan smart cities market, by component, 2014 - 2025
6.4.6.2.1 Japan smart cities market, by services, 2014 - 2025
6.4.6.3 Japan smart cities market, by application, 2014 - 2025
6.4.7 Australia
6.4.7.1 Australia smart cities market, 2014 - 2025
6.4.7.2 Australia smart cities market, by component, 2014 - 2025
6.4.7.2.1 Australia smart cities market, by services, 2014 - 2025
6.4.7.3 Australia smart cities market, by application, 2014 - 2025
6.5 South America
6.5.1 South America smart cities market, 2014 - 2025
6.5.2 South America smart cities market, by component, 2014 - 2025
6.5.2.1 South America smart cities market, by services, 2014 - 2025
6.5.3 South America smart cities market, by application, 2014 - 2025
6.6 MEA
6.6.1 MEA smart cities market, 2014 - 2025
6.6.2 MEA smart cities market, by component, 2014 - 2025
6.6.2.1 MEA smart cities market, by services, 2014 - 2025
6.6.3 MEA smart cities market, by application, 2014 - 2025
Chapter 7 Competitive Landscape
7.1 ABB Group
7.1.1 Company overview
7.1.2 Financial performance
7.1.3 Product benchmarking
7.1.4 Strategic initiatives
7.2 General Electric Company
7.2.1 Company overview
7.2.2 Financial performance
7.2.3 Product benchmarking
7.2.4 Strategic initiatives
7.3 Honeywell International Inc.
7.3.1 Company overview
7.3.2 Financial performance
7.3.3 Product benchmarking
7.3.4 Strategic initiatives
7.4 IBM Corporation
7.4.1 Company overview
7.4.2 Financial performance
7.4.3 Product benchmarking
7.4.4 Strategic initiatives
7.5 Cisco Systems Inc.
7.5.1 Company overview
7.5.2 Financial performance
7.5.3 Product benchmarking
7.5.4 Strategic initiatives
7.6 Huawei Technologies Ltd.
7.6.1 Company overview
7.6.2 Financial performance
7.6.3 Product benchmarking
7.6.4 Strategic initiatives
7.7 Microsoft Corporation
7.7.1 Company overview
7.7.2 Financial performance
7.7.3 Product benchmarking
7.7.4 Strategic initiatives
7.8 Schneider Electric SE
7.8.1 Company overview
7.8.2 Financial performance
7.8.3 Product benchmarking
7.8.4 Strategic initiatives
7.9 Siemens AG
7.9.1 Company overview
7.9.2 Financial performance
7.9.3 Product benchmarking
7.9.4 Strategic initiatives
List of Tables
TABLE 1 Smart cities market - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Smart cities market, 2014 - 2025 (USD Billion)
TABLE 3 Smart cities market, by region, 2014 - 2025 (USD Billion)
TABLE 4 Smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 5 Smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 6 Smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 7 Vendor landscape
TABLE 8 Smart cities - Key market driver impact
TABLE 9 Smart cities - Key market restraint impact
TABLE 10 Smart cities solutions market, 2014 - 2025 (USD Billion)
TABLE 11 Smart cities solutions market, by region, 2014 - 2025 (USD Billion)
TABLE 12 Smart cities services market, 2014 - 2025 (USD Billion)
TABLE 13 Smart cities services market, by region, 2014 - 2025 (USD Billion)
TABLE 14 Integration & deployment services market, 2014 - 2025 (USD Billion)
TABLE 15 Integration & deployment services market, by region, 2014 - 2025 (USD Billion)
TABLE 16 Professional services market, 2014 - 2025 (USD Billion)
TABLE 17 Professional services market, by region, 2014 - 2025 (USD Billion)
TABLE 18 Smart education market, 2014 - 2025 (USD Billion)
TABLE 19 Smart education market, by region, 2014 - 2025 (USD Billion)
TABLE 20 Smart governance market, 2014 - 2025 (USD Billion)
TABLE 21 Smart governance market, by region, 2014 - 2025 (USD Billion)
TABLE 22 Smart buildings market, 2014 - 2025 (USD Billion)
TABLE 23 Smart buildings market, by region, 2014 - 2025 (USD Billion)
TABLE 24 Smart mobility market, 2014 - 2025 (USD Billion)
TABLE 25 Smart mobility market, by region, 2014 - 2025 (USD Billion)
TABLE 26 Smart healthcare market, 2014 - 2025 (USD Billion)
TABLE 27 Smart healthcare market, by region, 2014 - 2025 (USD Billion)
TABLE 28 Smart utilities market, 2014 - 2025 (USD Billion)
TABLE 29 Smart utilities market, by region, 2014 - 2025 (USD Billion)
TABLE 30 North America smart cities market, 2014 - 2025 (USD Billion)
TABLE 31 North America smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 32 North America smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 33 North America smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 34 U.S. smart cities market, 2014 - 2025 (USD Billion)
TABLE 35 U.S. smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 36 U.S. smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 37 U.S. smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 38 Canada smart cities market, 2014 - 2025 (USD Billion)
TABLE 39 Canada smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 40 Canada smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 41 Canada smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 42 Mexico smart cities market, 2014 - 2025 (USD Billion)
TABLE 43 Mexico smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 44 Mexico smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 45 Mexico smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 46 Europe smart cities market, 2014 - 2025 (USD Billion)
TABLE 47 Europe smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 48 Europe smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 49 Europe smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 50 U.K. smart cities market, 2014 - 2025 (USD Billion)
TABLE 51 U.K. smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 52 U.K. smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 53 U.K. smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 54 Germany smart cities market, 2014 - 2025 (USD Billion)
TABLE 55 Germany smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 56 Germany smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 57 Germany smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 58 France smart cities market, 2014 - 2025 (USD Billion)
TABLE 59 France smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 60 France smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 61 France smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 62 Spain smart cities market, 2014 - 2025 (USD Billion)
TABLE 63 Spain smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 64 Spain smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 65 Spain smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 66 Asia Pacific smart cities market, 2014 - 2025 (USD Billion)
TABLE 67 Asia Pacific smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 68 Asia Pacific smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 69 Asia Pacific smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 70 China smart cities market, 2014 - 2025 (USD Billion)
TABLE 71 China smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 72 China smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 73 China smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 74 India smart cities market, 2014 - 2025 (USD Billion)
TABLE 75 India smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 76 India smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 77 India smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 78 Japan smart cities market, 2014 - 2025 (USD Billion)
TABLE 79 Japan smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 80 Japan smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 81 Japan smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 82 Australia smart cities market, 2014 - 2025 (USD Billion)
TABLE 83 Australia smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 84 Australia smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 85 Australia smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 86 South America smart cities market, 2014 - 2025 (USD Billion)
TABLE 87 South America smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 88 South America smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 89 South America smart cities market, by application, 2014 - 2025 (USD Billion)
TABLE 90 MEA smart cities market, 2014 - 2025 (USD Billion)
TABLE 91 MEA smart cities market, by component, 2014 - 2025 (USD Billion)
TABLE 92 MEA smart cities market, by services, 2014 - 2025 (USD Billion)
TABLE 93 MEA smart cities market, by application, 2014 - 2025 (USD Billion)
List of Figures
FIG. 1 Market segmentation and scope
FIG. 2 Global smart cities market, 2014 - 2025 (USD Billion)
FIG. 3 Smart cities - Value chain analysis
FIG. 4 Smart cities market dynamics
FIG. 5 Growing urban population, (in Billion)
FIG. 6 Sustainable investments across regions, (in USD Billion)
FIG. 7 IoT investments across domains, (in USD Billion)
FIG. 8 Smart cities - Company ranking analysis, 2016
FIG. 9 Key opportunities prioritized
FIG. 10 Smart cities market - Porter’s five forces analysis
FIG. 11 Smart cities market - PESTEL analysis
FIG. 12 Smart cities market, by component, 2016 & 2025
FIG. 13 Smart cities market, by application, 2016 & 2025
FIG. 14 Smart cities market by region, 2016 & 2025
FIG. 15 Regional market place - Key takeaways
FIG. 16 North America smart cities market - Key takeaways
FIG. 17 Europe smart cities market - Key takeaways
FIG. 18 Asia Pacific smart cities market - Key takeaways
FIG. 19 South America smart cities market - Key takeaways
FIG. 20 MEA smart cities market - Key takeaways

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