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Global Smart City ICT Infrastrcture Market 2016-2020

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • ICT Infrastructure
    • Market overview
      • Table Overview of smart city ICT infrastructure market
    • Market size and forecast
      • Table Global smart city ICT infrastructure market 2015-2020 ($ billions)
    • Five forces model
      • Table Five forces model
  • Market segmentation by components
    • Market size by components for 2015
      • Table Global smart city ICT infrastructure by components 2015 (% share)
  • Geographical segmentation
    • Geographical segmentation of smart city ICT infrastructure market 2015
      • Table Geographical segmentation of smart city ICT infrastructure market 2015
    • Geographical segmentation of smart city ICT infrastructure market 2020
      • Table Geographical segmentation of smart city ICT infrastructure market 2020
      • Table Geographical segmentation of smart city ICT infrastructure market 2015-2020 (% share)
      • Table Geographical segmentation of smart city ICT infrastructure market 2015-2020 ($ billions)
    • Smart city ICT infrastructure market in Americas
      • Table Smart city ICT infrastructure market in Americas 2015-2020 ($ billions)
    • Smart city ICT infrastructure market in EMEA
      • Table Smart city ICT infrastructure market in EMEA 2015-2020 ($ billions)
    • Smart city ICT infrastructure market in APAC
      • Table Smart city ICT infrastructure market in APAC 2015-2020 ($ billions)
  • Market drivers
    • Rapid urbanization
    • Increase in adoption of tablets and wireless technology
    • Rise in demand for high quality life standards
    • Need for energy efficiency
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High costs
    • Complexity of data management
    • Security concerns
    • Rapid evolution of technology
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Evolution of IoT
    • Growing partnerships
    • Increased interoperability standards
    • Introduction of advanced equipment
    • Increased availability of self-help smart applications
  • Vendor landscape
    • Competitive scenario
    • Technology and networking equipment providers Cisco
    • Telecommunication vendors
    • Power and automation technology vendors
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

About Smart City ICT Infrastructure

The rapid growth in urban population is increasing the demand for basic amenities that include transportation, healthcare, residents' safety, and education. The traditional operations in cities were ineffective and allowed only one-way distribution system for energy and water. However, with the advances in digital technology, the two-way communication became possible, and machine-to-machine (M2M) technology evolved further to provide smart grid, smart water management systems, smart transport system, and smart building system. All of these verticals form the smart city; and the development of smart cities is needed.

The smart city concept is a framework to support the vision of various governments, IT players, network providers, product providers, and managed service providers.

Technavio’s analysts forecast the global smart city ICT infrastructure market to grow at a CAGR of 17.12% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart city ICT infrastructure market for the period 2016-2020. To calculate the market size, the report considers the revenue generated from the ICT infrastructure deployed on the following:

  • Smart grid
  • Smart home and building
  • Smart water network
  • Smart healthcare
  • Smart education
  • Smart security
  • Smart transport
The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart City ICT Infrastructure Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • AT&T
  • China Mobile
  • Cisco
  • Hitachi
  • Honeywell
  • Huawei
  • IBM
  • NTT Communications
  • Oracle
  • Siemens
  • Verizon Communications
  • Vodafone
Other prominent vendors
  • Accenture
  • Alcatel-Lucent
  • Deutsche Telekom
  • Ericsson
  • HP
  • Microsoft
  • Schneider Electric
  • Telefonica
  • Toshiba
Market driver
  • Rapid urbanization
  • For a full, detailed list, view our report
Market challenge
  • High costs
  • For a full, detailed list, view our report
Market trend
  • Evolution of IoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Smart City ICT Infrastructure Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Smart City ICT Infrastructure Market: ABB, AT&T, China Mobile, Cisco, Hitachi, Honeywell, Huawei, IBM, NTT Communications, Oracle, Siemens, Verizon Communications, and Vodafone.

Other Prominent Vendors in the market are: Accenture, Alcatel-Lucent, Deutsche Telekom, Ericsson, HP, Microsoft, Schneider Electric, Telefonica, and Toshiba.

Commenting on the report, an analyst from Technavio’s team said: “IoT technology enables city planners to gain insights into different aspect of city management by enabling different devices to interconnect. It helps to manage large complex environments, understand the state of the city, and collaborate with different departments to produce cumulative results. There are a number of initiatives by IT and communication service providers. These increasing initiatives are increasing the popularity of the smart city concept across the globe.”

According to the report, rapid industrialization and urbanization have led to various engineering, social, economic, management, and environmental challenges. To overcome these challenges, transformation into smart cities is required; it will encompass aspects of sustainability, energy management, intelligent transport, security, and environmental protection. In addition, with the rise in migration from rural areas to cities and the populace in urban areas, the need for efficient ICT infrastructure and planning is increasing. These have raised concerns regarding waste management, air pollution, human health, and aging infrastructure. Thus, the need for the transformation of existing ICT infrastructure with growing urbanization is expected to propel the market growth during the forecast period.

Further, the report states that the initial costs for smart cities' infrastructure and technology are high and require high maintenance, repair, and upgrade costs. These high costs act as a barrier for transforming to smart cities, which require proper planning along with private-public partnerships. However, in developing regions, there is an ongoing debate regarding the use of financial resources for public welfare rather than investing in smart cities. This may hamper the market growth during the forecast period.





Companies Mentioned

ABB, AT&T, China Mobile, Cisco, Hitachi, Honeywell, Huawei, IBM, NTT Communications, Oracle, Siemens, Verizon Communications, Vodafone, Accenture, Alcatel-Lucent, Deutsche Telekom, Ericsson, HP, Microsoft, Schneider Electric, Telefonica, Toshiba.

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