Market Research Logo

Smart City Platforms Market by Platform Type (Connectivity Management Platform, Integration Platform, Device Management Platform, Security Platform, and Data Management Platform), Service, Delivery Model, and Region - Global Forecast to 2023

Smart City Platforms Market by Platform Type (Connectivity Management Platform, Integration Platform, Device Management Platform, Security Platform, and Data Management Platform), Service, Delivery Model, and Region - Global Forecast to 2023

Increase in demand for platform providers is one of the major factors expected to drive the growth of the smart city platforms market
The global smart city platforms market size is expected to grow from USD 104.6 billion in 2018 to USD 223.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 16.4% during the forecast period. A huge opportunity for platform provider vendors is available due to the implementation of integrated Internet of Things (IoT) solutions in a smart city. These IoT solutions have various segments, such as hardware, software, and cloud security services. Presently, platform providers have to install, manage, and maintain technological solutions provided for smart cities in an integrated platform on a regular basis. Platform providers act as intermediaries for implementing a particular technology in the smart city environment. Large system integrators are required in the smart city platforms market for carrying out various processes, such as process automation, security and surveillance systems, Environmental Management Systems (EMSs), and naval systems, including various industrial control systems’ projects. Moreover, the value addition in this market is driven by services, which provides an open opportunity for all types of platform providers, such as major IT vendors, infrastructure vendors, IT consultants and integrators, and various independent local integrators. With the increase in the rate of adoption of IoT, the role of platform providers in the smart city value chain increases, thereby opening up lucrative opportunities for them.

Among services, the consulting and architecture designing segment is expected to account for the highest market share during the forecast period
The consulting and architecture designing segment is expected to account for the highest market share during the forecast period. Technological innovations across the smart city space has resulted in the consulting and architecture designing service to grow constantly. Competent planning and consulting services, along with architecture designing are important for the development of smart city infrastructures, as these can provide cost-optimized facilities to the city.

Among delivery models, the hybrid segment is expected to dominate the market during the forecast period.
The hybrid delivery model is a highly adopted model among other deployment models, owing to the connectivity management platform and security platform. In this delivery model, the benefits of onshore, as well as offshore can be gained. The overall adoption of hybrid solutions is expected to increase during the forecast period, due to a wide range of functionalities and core features the solutions provide.

Among regions, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period
APAC is expected to hold the highest CAGR among all regions, owing to the increasing adoption rate of IoT and rising demand for intelligent and smart solutions, while North America is expected to be the major contributor to the smart city platforms market. The increasing citizen engagement is the major growth factor expected to drive the growth of the smart city platforms market.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the smart city platforms market.
The breakup of the profiles of the primary participants is given below:
By Company: Tier 1 - 35%, Tier 2 - 40%, and Tier 3 - 25%
By Designation: C-Level - 65% and Director Level - 35%
By Region: North America - 30%, Europe - 35%, APAC - 25%, and RoW - 10%

The key vendors profiled in the report are as follows:
Cisco (US)
IBM (US)
Microsoft (US)
Hitachi (Japan)
Siemens (Germany)
Schneider Electric (France)
Huawei (China)
Intel (US)
GE (US)
AT&T (US)
Oracle (US)
Nokia (Finland)
Ericsson (Sweden)
Itron (US)
Verizon (US)
Honeywell (US)
SAP (Germany)

Research Coverage
The smart city platforms market has been segmented based on platform type (connectivity management platform, integration platform, device management platform, security platform and data management platform); delivery model (offshore, hybrid and onsite); service (consulting and architecture designing, infrastructure monitoring and management, and deployment and training) and regions. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the global smart city platforms market.

Reasons to Buy the Report
The report would help the market leaders/new entrants in the following ways:
It comprehensively segments the smart city platforms market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across regions.
It would help stakeholders understand the pulse of the market and provide information about the key market drivers, restraints, challenges, and opportunities.
It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes the competitor ecosystem, new service developments, partnerships, and acquisitions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
      • MARKET SEGMENTATION
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2015-2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET BREAKUP AND DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
    • FACTOR ANALYSIS
    • ASSUMPTIONS FOR THE STUDY
    • LIMITATIONS OF THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE GLOBAL SMART CITY PLATFORMS MARKET
    • SMART CITY PLATFORMS MARKET, BY PLATFORM TYPE, 2018
    • ASIA PACIFIC: SMART CITY PLATFORMS MARKET, BY DELIVERY MODEL AND SERVICE, 2018
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • VALUE CHAIN ANALYSIS
  • SMART CITY PLATFORMS MARKET, BY PLATFORM TYPE
    • INTRODUCTION
      • Table SMART CITY PLATFORMS MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
    • CONNECTIVITY MANAGEMENT PLATFORM
      • CONNECTIVITY BEING BACKBONE FOR SMART CITY INFRASTRUCTURES LED TO PROMINENT MARKET SHARE OF CONNECTIVITY MANAGEMENT PLATFORM
        • Table CONNECTIVITY MANAGEMENT PLATFORM MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • INTEGRATION PLATFORM
      • MULTIPLE SOFTWARE AND HARDWARE DEPLOYMENTS TO NEED AGILE AND ROBUST INTEGRATION
        • Table INTEGRATION PLATFORM MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • DEVICE MANAGEMENT PLATFORM
      • LARGE NUMBER OF HARDWARE IMPLEMENTATIONS TO INVOLVE HIGHLY EFFECTIVE DEVICE MANAGEMENT PLATFORM
        • Table DEVICE MANAGEMENT PLATFORM MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • DATA MANAGEMENT PLATFORM
      • LARGE AMOUNT OF DATA GENERATION THROUGHOUT SMART CITIES TO GAIN STRONG MOMENTUM OF DATA MANAGEMENT PLATFORM IN COMING YEARS
        • Table DATA MANAGEMENT PLATFORM MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • SECURITY PLATFORM
      • CYBERSECURITY BEING PRIMARY CONCERN FOR SMART CITY STAKEHOLDERS TO KEEP THE MARKET FOR SECURITY PLATFORMS ONGOING
        • Table SECURITY PLATFORM MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
  • SMART CITY PLATFORMS MARKET, BY SERVICE
    • INTRODUCTION
      • Table SMART CITY PLATFORMS MARKET SIZE, BY SERVICE, 2016-2023 (USD BILLION)
    • CONSULTING AND ARCHITECTURE DESIGNING
      • TECHNOLOGICAL INNOVATIONS ACROSS SMART CITY ARENA LED TO CONSTANT GROWTH OF CONSULTING AND ARCHITECTURE DESIGNING SERVICE
        • Table CONSULTING AND ARCHITECTURE DESIGNING MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • INFRASTRUCTURE MONITORING AND MANAGEMENT
      • INFRASTRUCTURE MONITORING MANAGEMENT BEING AN ONGOING SERVICE TO CONTRIBUTE CONTINUOUS REVENUE STREAM
        • Table INFRASTRUCTURE MONITORING AND MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • DEPLOYMENT AND TRAINING
      • DEPLOYMENT OF TECHNICAL EXPERTISE TO BE ONE OF THE KEY FACTORS AFFECTING THE GROWTH OF DEPLOYMENT AND TRAINING SERVICES
        • Table DEPLOYMENT AND TRAINING MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
  • SMART CITY PLATFORMS MARKET, BY DELIVERY MODEL
    • INTRODUCTION
      • Table SMART CITY PLATFORMS MARKET SIZE, BY DELIVERY MODEL, 2016-2023 (USD BILLION)
    • OFFSHORE
      • RISING TREND IN CLOUD-BASED SERVICES AND GROWING NEED TO SAVE OPERATION EXPENDITURES LED TO GROWTH OF OFFSHORE DELIVERY MODEL EXPONENTIALLY
        • Table OFFSHORE DELIVERY MODEL MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
        • Table OFFSHORE DELIVERY MODEL MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
    • HYBRID
      • LOW COST AND EASE OF IMPLEMENTATION LED TO PREFERENCE OF HYBRID DELIVERY MODEL
        • Table HYBRID DELIVERY MODEL MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
        • Table HYBRID DELIVERY MODEL MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
    • ONSITE
      • RISING NEED FOR COST-EFFICIENT OPERATIONS LED TO LOW DEMAND FOR ONSITE DELIVERY MODEL COMPARED TO HYBRID AND OFFSHORE DELIVERY MODELS
        • Table ONSITE DELIVERY MODEL MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
        • Table ONSITE DELIVERY MODEL MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
  • SMART CITY PLATFORMS MARKET, BY APPLICATION
    • SMART TRANSPORTATION
      • ADVANCEMENT OF NEW TECHNOLOGIES IN TRANSPORTATION INFRASTRUCTURE
      • USE CASE SCENARIOS
    • PUBLIC SAFETY
      • GROWING FOCUS TOWARD PUBLIC SAFETY SOLUTIONS BY GOVERNMENT
      • USE CASE SCENARIOS
    • SMART UTILITIES
      • TO UTILIZE RESOURCES EFFICIENTLY UTMOST CARE TO BE TAKEN FOR AUGMENTING SMART UTILITIES SECTOR
      • USE CASE SCENARIOS
    • INFRASTRUCTURE MANAGEMENT
      • GROWING NEED TO OPTIMIZE ENERGY CONSUMPTION
      • USE CASE SCENARIOS
    • CITIZEN ENGAGEMENT
      • SMART HEALTHCARE, EGOVERNANCE, SMART ENVIRONMENTAL MONITORING, AND SMART STREET LIGHTING TO BE THE KEY AREAS FOR CITIZEN ENGAGEMENT
      • USE CASE SCENARIOS
  • SMART CITY PLATFORMS MARKET, BY REGION
    • INTRODUCTION
      • Table SMART CITY PLATFORMS MARKET SIZE, BY REGION, 2016-2023 (USD BILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
      • Table NORTH AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY SERVICE, 2016-2023 (USD BILLION)
      • Table NORTH AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY DELIVERY MODEL, 2016-2023 (USD BILLION)
      • Table NORTH AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD BILLION)
      • UNITED STATES
      • CANADA
    • EUROPE
      • Table EUROPE: SMART CITY PLATFORMS MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
      • Table EUROPE: SMART CITY PLATFORMS MARKET SIZE, BY SERVICE, 2016-2023 (USD BILLION)
      • Table EUROPE: SMART CITY PLATFORMS MARKET SIZE, BY DELIVERY MODEL, 2016-2023 (USD BILLION)
      • Table EUROPE: SMART CITY PLATFORMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD BILLION)
      • UNITED KINGDOM
      • FRANCE
      • GERMANY
    • ASIA PACIFIC
      • Table ASIA PACIFIC: SMART CITY PLATFORMS MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
      • Table ASIA PACIFIC: SMART CITY PLATFORMS MARKET SIZE, BY SERVICE, 2016-2023 (USD BILLION)
      • Table ASIA PACIFIC: SMART CITY PLATFORMS MARKET SIZE, BY DELIVERY MODEL, 2016-2023 (USD BILLION)
      • Table ASIA PACIFIC: SMART CITY PLATFORMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD BILLION)
      • CHINA
      • JAPAN
      • SOUTH KOREA
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: SMART CITY PLATFORMS MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
      • Table MIDDLE EAST AND AFRICA: SMART CITY PLATFORMS MARKET SIZE, BY SERVICE, 2016-2023 (USD BILLION)
      • Table MIDDLE EAST AND AFRICA: SMART CITY PLATFORMS MARKET SIZE, BY DELIVERY MODEL, 2016-2023 (USD BILLION)
      • Table MIDDLE EAST AND AFRICA: SMART CITY PLATFORMS MARKET SIZE, BY SUBREGION, 2016-2023 (USD BILLION)
      • MIDDLE EAST
      • AFRICA
    • LATIN AMERICA
      • Table LATIN AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY PLATFORM TYPE, 2016-2023 (USD BILLION)
      • Table LATIN AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY SERVICE, 2016-2023 (USD BILLION)
      • Table LATIN AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY DELIVERY MODEL, 2016-2023 (USD BILLION)
      • Table LATIN AMERICA: SMART CITY PLATFORMS MARKET SIZE, BY COUNTRY, 2016-2023 (USD BILLION)
      • MEXICO
      • ARGENTINA
      • BRAZIL
  • COMPETITIVE LANDSCAPE
    • MICROQUADRANT OVERVIEW
      • VISIONARY LEADERS
      • INNOVATORS
      • DYNAMIC DIFFERENTIATORS
      • EMERGING COMPANIES
    • RANKING OF KEY PLAYERS FOR THE SMART CITY PLATFORMS MARKET, 2018
    • COMPETITIVE BENCHMARKING
      • PRODUCT OFFERING
      • BUSINESS STRATEGY
  • COMPANY PROFILES
    • CISCO
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HITACHI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SIEMENS
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SCHNEIDER ELECTRIC
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HUAWEI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • INTEL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AT&T
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ERICSSON
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • NOKIA
      • BUSINESS OVERVIEW
      • PRODUCTS, SOLUTIONS, AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • ITRON
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • VERIZON
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • SAP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HONEYWELL
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
    • PURPLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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

Share this report