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Global Smart Communities Market 2016-2020

About Smart Communities

Unprecedented urban development, growing populations, and climate changes globally are putting pressure on governments, local communities, and agencies to enhance the quality of public services. Cities worldwide are expanding and such expansion is generating demand for advanced infrastructure (such as better healthcare, transportation systems, and renewable energy solutions). Recurring instances of extreme climatic conditions and shrinking natural and non-renewable resources are raising conservation concerns. Therefore, cities and local communities need to design frameworks and policies that enable smart, sustainable, economic, and environmental development.

Technavio’s analysts forecast the global smart communities market to grow at a CAGR of 18.26% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart communities market for 2016-2020. To calculate the market size, the report considers the revenue generated from IT solutions for smart communities offered by vendors in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Smart Communities 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
  • Cisco
  • IBM
  • Schneider Electric
  • Siemens
  • Toshiba
Other prominent vendors
  • ABB Group
  • Accenture
  • Ericsson
  • ESRI
  • Hitachi
  • HP
  • Huawei
  • Microsoft
  • NEC
  • NTT DATA
  • Oracle
  • SAP
  • Wipro
Market driver
  • Need for efficient ICT infrastructure
  • For a full, detailed list, view our report
Market challenge
  • Cyber security risks
  • For a full, detailed list, view our report
Market trend
  • Increased adoption 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 Communities Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Smart Communities Market: Cisco, IBM, Schneider Electric, Siemens and Toshiba

Other Prominent Vendors in the market are: ABB, Accenture, Ericsson, ESRI, Hitachi, HP, Huawei, Microsoft, NEC, NTT DATA, Oracle, SAP, and Wipro.

Commenting on the report, an analyst from Technavio’s team said: “The IoT adoption among numerous projects to provide seamless connectivity for M2M communications is increasing gradually. Smart and connected city projects are implementing IoT devices for smart technology and smart IT infrastructure. IoE, which is considered a super set of IoT technologies, is used to connect people, processes, things, and data through a centralized system that integrates IT systems and applications.”

According to the report, the future prospects of smart cities depend on the quality of connectivity provided by service providers. Therefore, innovation in the development of ICT infrastructure is acting as a catalyst in the execution of connected community projects. To make ICT infrastructure viable, governments are also investing in modern ICT solutions (such as Wi-Fi and LTE) to validate their smart city projects.

Further, the report states that the use of advanced IT solutions has raised many security concerns centered on data privacy and security. Hackers are continuously trying to breach electronic security systems of cloud-based solutions to steal private and confidential data.

Companies Mentioned

Cisco, IBM, Schneider Electric, Siemens, Toshiba, ABB, Accenture, Ericsson, ESRI, Hitachi, HP, Huawei, Microsoft, NEC, NTT DATA, Oracle, SAP, Wipro.

  • 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
      • Table Intelligent communities that adopted IT solutions
  • Market landscape
    • Market overview
      • Table Global smart communities market
    • Market size and forecast
      • Table Global smart communities market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by IT solution
    • Global smart communities market by IT solution
      • Table Global smart communities market by IT solution 2015
  • Geographical segmentation
    • Global smart communities market by geography
      • Table Global smart communities market by geography 2015
  • Market drivers
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
    • Cisco
      • Table Cisco: Business segmentation
      • Table Cisco: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Cisco: Geographical segmentation by revenue 2014
    • IBM
      • Table IBM: Business segmentation by revenue 2014
      • Table GTS segment by revenue 2013 and 2014
      • Table GBS segment by revenue 2013 and 2014
    • Schneider Electric
      • Table Schneider Electric: Business segmentation by revenue 2014
      • Table Schneider Electric: Business segmentation by revenue 2013 and 2014
      • Table Schneider Electric: Geographical segmentation by revenue 2014
    • Siemens
      • Table Siemens: Business segmentation by revenue 2014
      • Table Siemens: Business segmentation by revenue 2013 and 2014
      • Table Siemens: Geographical segmentation for industry segment by revenue 2014
    • Toshiba
      • Table Toshiba: Business segmentation by revenue 2014
      • Table Toshiba: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Toshiba: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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