Our new Smart Cities Market research report provides an invaluable guide to the evolution and future promise of a wide number of smart technologies contributing to this highly important sector. Covering the environmental impact of the digital technologies in the market improving public services and urban infrastructure, such as artificial intelligence, connectivity and sensors, the report gives key insights into smart city initiatives and projects. It also extensively covers the capabilities smart city solutions enable, such as improving city quality of life, reducing air pollution and increasing economic growth. The research shows where technological innovation is at its best, and as such, is key to understanding this important market.
The research scores 50 cities on their smart capabilities to produce a ranking that highlights the best examples of urban innovation in the world; providing a critical source for intelligence on this rapidly moving market.
The report also presents extensive market forecasts covering the most popular smart city applications; delivering detailed market sizing across smart lighting, smart traffic management, smart grid deployment and MaaS (Mobility-as-a Service).
All report content is delivered in the English language.
Key Features
Market Dynamics: Provides a detailed assessment of market drivers and the key trends within the smart cities market, as well as an in-depth evaluation of the future growth of the industry and readiness for further disruption. This enables readers to understand the critical innovations driving this market forward.
Key Takeaways & Strategic Recommendations: Featuring major opportunities and crucial factors for smart cities development highlighted across the landscape; making for important reading for key stakeholders, including smart cities platforms, city authorities and others.
Ranking: A scoring of the capabilities and features of the world’s leading smart cities; showcasing the best innovations in this area. This report presents a ranking of the top 20 smart cities in the world today, scored and ranked from a wider list of 50 innovative cities. For each of the top 20 cities, a full profile is provided of the city’s initiatives and what future developments we anticipate.
Benchmark Industry Forecasts: 5-year forecasts for deployments of smart city technologies; covering the installed base, market value, shipments and environmental impact of the following technologies: smart lighting, MaaS, smart traffic management, smart parking and smart grid. These are split across the following 60 countries, split by our 8 key regions:
North America:
Canada, US
Latin America:
Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay
West Europe:
Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK
Central & East Europe:
Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine
Far East & China:
China, Hong Kong, Japan, South Korea
Indian Subcontinent:
Bangladesh, India, Nepal, Pakistan
Rest of Asia Pacific:
Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam
Africa & Middle East
Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates
Please note: the online download version of this report is for a global site license.
- 1. Key Takeaways & Strategic Recommendations
- 1.1 Key Takeaways
- 1.1.1 Smart Cities Have Evolved from ‘Making a City Smarter’ to a Set of Inclusive and Practical Applications
- 1.1.2 Environmental Concerns are the Biggest Drivers of Smart City Deployments
- 1.1.3 Advancements in Connectivity and New Technologies Will Further Facilitate Smart City Roll-outs
- 1.2 Strategic Recommendations
- 1.2.1 Adopt a Human-centric Approach When Considering Smart City Deployments
- 1.2.2 Prioritise Sustainability in Smart City Roll-outs
- 1.2.3 Devise Applicable Smart City Solutions and Use Cases by Highlighting Vendor Partnerships
- 2. Smart Cities – Market Landscape
- 2.1 Introduction
- 2.2 Definitions and Scope
- Figure 2.1: Smart Grid
- 2.3 Key Trends & Drivers
- i. Environmental Concerns
- ii. Technological Developments
- Figure 2.2: Time-critical Use Cases across Industries
- iii. The Role of Connectivity
- 2.4 Key Challenges
- i. Cost
- ii. The Built Environment
- 3. Smart City Technologies & Segment Analysis
- 3.1 Introduction
- 3.1.1 Smart Buildings
- i. Juniper Research’s View
- 3.1.2 Smart Grid
- i. Juniper Research’s View
- Figure 3.1: Smart Meter Deployments by State, April 2023 as a Percentage of Customers
- 3.1.3 Smart Lighting
- i. Juniper Research’s View
- 3.1.4 Smart Traffic Management and Parking
- i. Juniper Research’s View
- 3.1.5 Spotlight: Smart Corridors
- i. Juniper Research’s View
- 3.1.6 MaaS
- i. Juniper Research’s View
- 4. Smart City Ranking
- 4.1 Smart City Ranking
- Table 4.1: Smart City Ranking Criteria
- Table 4.2: Juniper Research Smart City Ranking
- 4.2 Top 20 Smart Cities: City Profiles
- 4.2.1 Shanghai
- 4.2.2 New York
- 4.2.3 Toronto
- 4.2.4 Seoul
- 4.2.5 Shenzhen
- 4.2.6 Sydney
- 4.2.7 Beijing
- 4.2.8 Berlin
- 4.2.9 Montréal
- 4.2.10 Guangzhou
- 4.2.11 London
- 4.2.12 Barcelona
- 4.2.13 Tokyo
- 4.2.14 Chicago
- 4.2.15 Los Angeles
- 4.2.16 Rome
- 4.2.17 Singapore
- 4.2.18 Madrid
- 4.2.19 Melbourne
- 4.2.20 Moscow
- 5. Smart Cities Market Forecasts
- 5.1 Introduction
- 5.2 Forecast Segments
- 5.3 Methodology & Assumptions
- 5.3.1 MaaS
- i. Users & Revenue Forecast Methodology
- Figure 5.1: MaaS Users & Revenue Methodology
- ii. Achievable Savings Forecast Methodology
- Figure 5.2: Consumer MaaS Achievable Savings Forecast Methodology
- 5.3.2 Smart Grid
- Figure 5.3: Smart Grid Forecast Methodology
- 5.3.3 Smart Lighting
- Figure 5.4: Smart Lighting Energy Savings Forecast Methodology
- Figure 5.5: Smart Lighting Market Value Forecast Methodology
- 5.3.4 Smart Traffic Management
- i. Smart Intersections
- Figure 5.6: Smart Intersections Forecast Methodology
- 5.3.5 Smart Parking
- Figure 5.7: Smart Parking Forecast Methodology
- 5.3.6 Congestion Management
- Figure 5.8: Congestion Management Forecast Methodology
- 5.3.7 Emissions Reduction
- Figure 5.9: Emissions Reduction Forecast Methodology
- 5.4 Summary Forecasts
- 5.4.1 Smart Cities Energy Savings
- Figure & Table 5.10: Smart Cities Energy Savings (TWh), Spilt by Sector, 2023-2028
- 5.4.2 Smart Cities Emissions Savings
- Figure & Table 5.11: Smart Cities Emissions Savings (MMT CO2e), Spilt by Sector, 2023-2028
- 5.4.3 Smart Cities Cost Savings
- Figure & Table 5.12: Smart Cities Combined Cost Savings ($m), Split by Sector, 2023-2028
- 5.4.4 Smart Cities Spend
- Figure & Table 5.13: Smart Cities Hardware & Software Spend ($m), Split by Sector, 2023-2028
- 5.5 Mobility-as-a-Service Forecasts
- 5.5.1 Mobility-as-a-Service Revenue
- Figure & Table 5.14: Total MaaS Revenue ($m), Split by 8 Key Regions, 2023-2028
- 5.6 Smart Grid Forecasts
- 5.6.1 Smart Grid Software Revenue
- Figure & Table 5.3: Smart Grid Annual Software Spend ($m), Split by 8 Key Regions, 2023-2028
- 5.7 Smart Lighting Forecasts
- 5.7.1 Smart Lighting Spend
- Figure & Table 5.15: Smart Lighting Hardware & Software Spend ($m), Split by 8 Key Regions, 2023-2028
- 5.8 Smart Traffic Management Forecasts
- 5.8.1 Smart Intersection Hardware & Software Spend
- Figure & Table 5.16: Total Annual Spend on Smart Intersection Hardware & Software ($m), Split by 8 Key Regions, 2023-2028
- 5.8.2 Annual Spend on Smart Parking Hardware & Software
- Figure & Table 5.17: Total Annual Spend on Smart Parking Hardware & Software ($m), Split by 8 Key Regions, 2023-2028
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