Market Research Logo

China Smart Cities Market by ICT Components (Hardware, Software, Services), Segments (Smart Infrastructure, Smart Transportation, Video), Market Overview, Trends, Vendor Ecosystem Analysis, and Smart Cities Initiatives - Forecast to 2023

China Smart Cities Market by ICT Components (Hardware, Software, Services), Segments (Smart Infrastructure, Smart Transportation, Video), Market Overview, Trends, Vendor Ecosystem Analysis, and Smart Cities Initiatives - Forecast to 2023

“Increasing population, need for rapid urbanization, and governments’ initiatives are driving the overall growth of the China smart cities market”
The China smart cities market is projected to reach USD 59.9 billion by 2023 from USD 30.4 billion in 2018, at a Compound Annual Growth Rate (CAGR) of 14.5%. The China smart cities market is driven by various factors, such the increase in population, need for rapid urbanization, and governments’ investments and several policies to speed up the successful implementation and development of smart cities projects. Whereas, indigenous development policies of the country for foreign technology companies are the major restraints for the growth of the China smart cities market.

The smart infrastructure segment has the largest market share during the forecast period
The Government of China is supporting policies under the “Made in China 2025” initiative to assist industrial R&D and strive for Fifth Generation (5G) commercialization by 2020. The country is more intended toward implementing the 5G technology for a multitude of life-transforming applications, such as 3D video to immersive media, autonomous vehicles, and the enablement of smart cities with ultra-high data rates, enhanced capacity, and reduced latency. China is expecting to reach 576 million 5G connections by 2025, which covers almost 40% of the 5G connections globally. China’s telecommunication industry is dominated by China Mobile, China Unicom, and China Telecom. These players are the initiators of the 5G technology and hold the largest subscriber base in China.

Another technology, i.e., cloud computing, is able to fulfill the need for rapid processing of massive data required during the construction of smart cities. It improves the computing capabilities and storage use by leveraging virtual technologies to perform dynamic allocation of computing requests. Cloud computing offers complete cybersecurity by monitoring and protecting the stored data. This technology is widely used across various sectors in smart cities, specifically in healthcare, insurance, and government.

The breakdown of the profiles of the primary participants is as follows:
By Company Type: Tier 1: 20%, Tier 2: 55%, and Tier 3: 25%
By Designation: C-level Executives: 45%, Directors: 36%, and Others: 19%

The major smart cities market in China solution providers include Advantech (China), Kontron (Germany), CRRC (China), Hollysys (China), Nari Technology (China), China Railway Electrification Engineering Group (China), Hikvision (China), Dahua Technology (China), and Seavo Technology (China). The study includes an in-depth competitive analysis of these key players in the smart cities market in China, along with their company profiles, recent developments, and key market strategies.

Research Coverage
The market study covers the smart cities market in China across various segments. It aims at estimating the market size and the growth potential of this market across different segments, such as smart transportation, smart infrastructure, and video. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help market leaders/new entrants in the China smart cities market with information on the closest approximations of the revenue numbers for the overall smart cities market in China and its subsegments. This report will help the stakeholders understand the competitive landscape to gain more insights and better position their businesses and make suitable plans using the go-to-market strategies. The report will also help the stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET SCOPE
    • DEFINITIONS AND SCOPE
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • KEY DATA FROM SECONDARY SOURCES
        • Table KEY DATA FROM SECONDARY SOURCES
      • KEY DATA FROM PRIMARY SOURCES
        • Table KEY DATA FROM PRIMARY SOURCES
    • MARKET SIZE ESTIMATION: BOTTOM-UP AND TOP-DOWN APPROACH
    • VENDOR ANALYSIS MATRIX METHODOLOGY
      • VENDOR INCLUSION CRITERIA
    • RESEARCH ASSUMPTIONS
      • Table RESEARCH ASSUMPTIONS
    • SMART CITIES MARKET SIZING METHODOLOGY
  • PREMIUM INSIGHTS
    • EXECUTIVE SUMMARY
      • MARKETING RECOMMENDATIONS
      • PARTNER RECOMMENDATIONS
    • SMART CITIES DYNAMICS
    • CHINA GOVERNMENT FOCUS AND INVESTMENTS
    • GO-TO MARKET ASSESSMENT
  • MARKET OVERVIEW
    • MARKET DRIVER: POPULATION PUSH AND NEED OF RAPID URBANIZATION
      • Table POPULATION VS. PILOT ASSESSEMENT FOR 2025
    • MARKET DRIVER: STRONG LEADERSHIP AND INSTITUTIONAL SUPPORT
    • MARKET DRIVER: HIGH LEVEL OF INVESTMENTS ACROSS SECTORS
    • MARKET DRIVER: BOOST FROM PPP MODEL
    • MARKET OPPORTUNITY: MORE THAN 100 SMART CITIES UNDER 13TH FIVE YEAR PLAN
    • MARKET OPPORTUNITY: DEVELOPMENT OF TRANSPORTATION IS PRIME FOCUS
    • MARKET OPPORTUNITY: INFRASTRUCTURE MODERNIZATION AND ACHIEVING HIGHER EFFICIENCIES
    • MARKET CHALLENGES
  • MARKET SIZING
    • CHINA SMART CITIES MARKET
      • Table CHINA SMART CITIES MARKET 2018–2023 (USD BILLION)
    • CHINA SMART CITIES MARKET - BY ICT COMPONENTS
      • Table CHINA SMART CITIES MARKET BY 2018–2023 (USD BILLION) – ICT COMPONENTS
    • CHINA SMART CITIES MARKET (USD BILLION) – BY VERTICALS
      • Table CHINA SMART CITIES MARKET 2018–2023 (USD BILLION) - BY VERTICALS
    • SMART INFRASTRUCTURE MARKET
      • Table SMART INFRASTRUCTURE MARKET 2018–2023 (USD BILLION)
      • SMART INFRASTRUCTURE MARKET: TRENDS
    • SMART TRANSPORTATION MARKET
      • Table SMART TRANSPORTATION MARKET 2018–2023 (USD BILLION)
      • SMART TRANSPORTATION MARKET: TRENDS
        • Table SMART TRANSPORTATION MARKET BY USE CASES
    • VIDEO MARKET
      • Table VIDEO MARKET 2018–2023 (USD BILLION)
      • VIDEO MARKET: TRENDS
  • KEY SMART CITY INITIATIVES IN CHINA
    • BELT AND ROAD INITIATIVE
      • BELT AND ROAD INITIATIVE : OVERVIEW
      • BELT AND ROAD INITIATIVE : ECONOMIC CORRIDORS
      • BELT AND ROAD INITIATIVE : CHALLENGES
      • BELT AND ROAD INITIATIVE : KEY STAKEHOLDERS
    • HANGZHOU CITY BRAIN
      • HANGZHOU CITY BRAIN : OVERVIEW
        • Table ET CITY BRAIN CONSTRUCTION PRINCIPLES
      • HANGZHOU CITY BRAIN : FOCUS AREAS
      • HANGZHOU CITY BRAIN : ET CITY BRAIN: USE CASES
    • XIONG'AN SMART CITY
      • XIONG'AN SMART CITY : OVERVIEW
      • XIONG'AN SMART CITY : FOCUS AREAS
      • XIONG'AN SMART CITY : KEY STAKEHOLDERS
    • SMART SHANGHAI
      • SMART SHANGHAI : OVERVIEW
      • SMART SHANGHAI : PRIORITY FRAMEWORK
      • SMART SHANGHAI : FOCUS AREAS – SMART INFRASTRUCTURE
      • SMART SHANGHAI : FOCUS AREAS – SMART TRANSPORTATION
      • SMART SHANGHAI : FOCUS AREAS - GOVERNANCE
    • SMART TIANJIN
      • SMART TIANJIN : OVERVIEW
      • SMART TIANJIN : FOCUS AREAS – SMART TRANSPORTATION
      • SMART TIANJIN : FOCUS AREAS – SMART INFRASTRUCTURE
    • SMART YINCHUAN
      • SMART YINCHUAN : OVERVIEW
      • SMART YINCHUAN : FOCUS AREAS - SMART TRANSPORTATION
      • SMART YINCHUAN : FOCUS AREAS - SMART GOVERNANCE
      • SMART YINCHUAN : FOCUS AREAS - VIDEO
      • SMART YINCHUAN : FOCUS AREAS - ENVIRONMENTAL PROTECTION
      • SMART YINCHUAN : FOCUS AREAS - INDUSTRY PROMOTION
    • SMART SHENZHEN
      • SMART SHENZHEN : OVERVIEW
      • SMART SHENZHEN : FOCUS AREAS - SMART TRANSPORTATION
      • SMART SHENZHEN : FOCUS AREAS - SMART INFRASTRUCTURE
      • SMART SHENZHEN : FOCUS AREAS - SMART UTILITY
    • SMART GUANGZHOU
      • SMART GUANGZHOU : OVERVIEW
      • SMART GUANGZHOU : FOCUS AREA
      • SMART GUANGZHOU : FOCUS PROJECTS
    • NINGBO SMART CITY
      • NINGBO SMART CITY : OVERVIEW
      • NINGBO SMART CITY : FOCUS AREAS - SMART TRANSPORTATION
      • NINGBO SMART CITY : FOCUS PROJECTS
    • BEIJING SMART CITY
      • BEIJING SMART CITY : OVERVIEW
      • BEIJING SMART CITY : FOCUS AREA - SMART INFRASTRUCTURE
      • BEIJING SMART CITY : FOCUS AREA - VIDEO
      • BEIJING SMART CITY : FOCUS AREA – SMART TRANSPORTATION
  • COMPETITIVE LANDSCAPE
    • SMART CITY ECOSYSTEM
    • SMART CITY VENDOR ECOSYSTEM
      • VENDOR MARKET ASSESSMENT
      • KEY VENDORS IMPORTANT PARTNERSHIPS/INVESTMENTS
      • SMART TRANSPORTATION ECOSYSTEM
      • SMART INFRASTRUCTURE ECOSYSTEM
      • VIDEO ECOSYSTEM
    • GROWTH STRATEGY
      • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
      • Table MERGERS AND ACQUISITIONS
      • Table NEW PRODUCT LAUNCHES AND INVESTMENTS
  • COMPANY PROFILE
    • ADVANTECH
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • STRATEGIC INSIGHTS
    • KONTRON
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • STRATEGIC INSIGHTS
    • CRRC
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • STRATEGIC INSIGHTS
    • HOLLYSYS
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • STRATEGIC INSIGHTS
    • NARI TECHNOLOGY
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRATEGIC INSIGHTS
    • CHINA RAILWAY ELECTRIFICATION ENGINEERING GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRATEGIC INSIGHTS
    • HIKVISION
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRATEGIC INSIGHTS
    • DAHUA TECHNOLOGY
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • STRATEGIC INSIGHTS
    • SEAVO TECHNOLOGY
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • STRATEGIC INSIGHTS
  • APPENDIX
    • MARKETSANDMARKETS KNOWLEDGE STORE: SNAPSHOT
    • OUR CUSTOM RESEARCH AND CONSULTING
    • LIST OF ABBREVIATIONS
    • RELATED REPORT
    • DISCLAIMER

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook