Global Smart Cities (Transportation, Buildings & Utilities) Market Report 2018-2023

DUBLIN, Jan. 15, 2019 /PRNewswire/ --

The "Smart Cities Market by Smart Transportation (Type, Solutions and Services), Smart Buildings (Type, Solutions and Services), Smart Utilities (Type, Solutions and Services), Smart Citizen Services, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global smart cities market size is expected to grow from USD 308.0 billion in 2018 to USD 717.2 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.4% during the forecast period.

There is an upsurge in the adoption rate of advanced technologies across businesses. The development in 5G and NB-IoT technologies is expected to drive the growth of the smart cities market. With advancements, smart governments and other sectors would become highly intelligent and self-governing.

For smart transportation, the 5G and NB-IoT technologies-based solutions would collect data from multiple sources and share it with a centralized control center by leveraging the benefits of cloud. Such advanced technologies are not only used to enrich the lives of citizens, but also in other areas such as security, privacy, and environmental sustainability.

"Among focus areas, the smart citizen services segment is expected to account for the highest market share during the forecast period"

The smart citizen services segment is expected to account for the highest market share during the forecast period. Under smart citizen services, the smart healthcare segment is expected to hold the highest CAGR during the forecast period. Currently, smart/connected medical devices are driving traffic over the internet across regions. This traffic has considerably affected the growth of the smart healthcare segment, resulting in the increased deployment of smart solutions across the globe. This demand is mainly attributed to the growing IoT deployment in healthcare devices.

"Among smart transportation, the passenger information management system segment is expected to dominate the market during the forecast period"

The rising demand for real-time transit information solutions for passengers, increasing adoption of smartphones, rising penetration of IoT solutions in the transportation sector have boosted the adoption of the passenger information management system for providing easy transport access to citizens. Furthermore, advanced communication infrastructure solutions offered by key players, such as Verizon and Vodafone, are expected to drive the passenger information management system segment

"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 cities market. The increasing citizen empowerment and engagement is the major growth factor expected to drive the growth of the smart cities market.

The key vendors profiled in the report are as follows:

• Cisco Systems (US)
• IBM (US)
• Siemens AG (Germany)
• Schneider Electric (France)
• Ericsson (Sweden)
• Vodafone (UK)
• Itron Inc. (US)
• Verizon (US)
• Telensa (England)
• ABB (Switzerland)
• Honeywell International Inc. (US)
• SAP SE (Germany
• KAPSCH Group (Austria)
• AGT International (Switzerland)

Key Topics Covered:

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Factor Analysis
2.5 Assumptions for the Study
2.6 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Global Smart Cities Market
4.2 Smart Cities Market, By Focus Area, 2018
4.3 Asia Pacific: Market By Smart Transportation Type and Service
4.4 Asia Pacific: Market By Smart Buildings Type and Service
4.5 Asia Pacific: Market By Smart Utilities Solution and Service

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need for Public Safety and Communications Infrastructure
5.2.1.2 Increasing Number of Government Initiatives and Ppp Models for Smart Cities
5.2.1.3 Growing Adoption of Connected and Smart Technologies in Smart Cities Initiatives
5.2.1.4 Optimizing the Use of Energy During Peak Hours
5.2.1.5 Citizen Empowerment and Engagement
5.2.2 Restraints
5.2.2.1 Privacy and Security Concerns
5.2.2.2 Lack of Standardized and Uniform Technology
5.2.2.3 Poor Operational Efficiency in Developing Countries
5.2.2.4 Lack of Technology Advancement in Developing Economies
5.2.3 Opportunities
5.2.3.1 Increasing Environmental Concerns and Demand for Green Initiatives
5.2.3.2 Developing Economies and Booming IT Sectors to Promote the Smart Cities Growth
5.2.3.3 Rising Demand for System Integrators to Offer End-To-End Solutions
5.2.3.4 Growing Demand for IoT
5.2.3.5 Emerging 5g Technology
5.2.4 Challenges
5.2.4.1 Unclear Strategic Goals and Lack of Structural Kpis
5.2.4.2 Huge Initial Investments
5.2.4.3 Lack of Knowledge Among People
5.3 Value Chain Analysis
5.4 Ecosystem Analysis
5.4.1 Smart Transportation
5.4.2 Smart Buildings
5.4.3 Smart Utilities

6 Smart Transportation Market
6.1 Introduction
6.2 Types
6.2.1 Roadways
6.2.1.1 Roadways to Support Agile Transportation Infrastructure for Developing Smart Cities
6.2.2 Railways
6.2.2.1 Railways With Highly Advanced Integrated Solutions to Provide Effective Smart Transportation
6.2.3 Airways
6.3 Solutions
6.3.1 Smart Ticketing
6.3.1.1 Smart Ticketing Solution to Enable Passengers to Travel Through Different Transportation Modes
6.3.2 Traffic Management System
6.3.2.1 Parking Management
6.3.2.2 Traffic Surveillance
6.3.3 Passenger Information Management System
6.3.3.1 Passenger Information Management System to Provide Passengers With Real-Time Operational Services
6.3.4 Freight Information System
6.3.4.1 Freight Information to Augment Functionalities of Supply Chain Management
6.3.5 Connected Vehicle
6.3.5.1 Connected Vehicle Solution to Offer Agile Operations for Smart Transportation
6.3.6 Others
6.4 Services
6.4.1 Consulting
6.4.2 Deployment and Integration
6.4.3 Infrastructure Monitoring and Management

7 Smart Buildings Market
7.1 Introduction
7.2 Types
7.2.1 Commercial Smart Buildings to Efficiently Utilize Energy Consumption and Offer Robust Operational Efficiencies
7.3 Solutions
7.3.1 Building Energy Optimization
7.3.1.1 HVAC Control
7.3.1.2 Lighting Management
7.3.1.3 Energy Information Management
7.3.2 Emergency Management
7.3.2.1 Video Surveillance
7.3.2.2 Fire Protection
7.3.2.3 Environmental Control
7.3.2.4 Access Control System
7.3.3 Parking Management System
7.3.4 Others
7.4 Services
7.4.1 Consulting
7.4.2 Deployment and Integration
7.4.3 Infrastructure Monitoring and Management

8 Smart Utilities Market
8.1 Introduction
8.2 Types
8.2.1 Energy, Water and Gas Utilities to Optimize Resources With Minimal Downtime and Wastage
8.3 Solutions
8.3.1 Advanced Metering Infrastructure
8.3.1.1 Meter Data Management
8.3.1.2 Meter Data Analytics
8.3.1.3 Smart Meters
8.3.2 Distribution Management System
8.3.2.1 Distribution Management System to Reduce Abrupt Downtime and Wastage of Resources
8.3.3 Substation Automation
8.3.3.1 Highly Controlled Operations and Swift Connectivity Capabilities to Be Prime Focus Areas for Substation Automation
8.3.4 Others
8.4 Services
8.4.1 Consulting
8.4.2 Deployment and Integration
8.4.3 Infrastructure Monitoring and Management

9 Smart Citizen Services Market
9.1 Introduction
9.2 Smart Education
9.2.1 The Technology Landscape has Transformed With the Implementation of Tablets, Lms, Digital Textbooks, and E-learning, Which has Brought About New Opportunities for Educators and Learners
9.3 Smart Healthcare
9.3.1 Healthcare Stakeholder are Embracing Power of IoT and Cloud in Smart Healthcare Segment
9.4 Smart Public Safety
9.4.1 Municipalities and Governments are Spending Millions of Dollars in Protecting Their Physical Infrastructures and Citizen to Safeguard From Suspicious and Terrorist Attacks
9.5 Smart Street Lighting
9.5.1 Smart Street Lighting Vendors are Working Closely With Smart City Platform Providers, Csps, and Hardware Vendors to Deliver Smart Street Lighting Services to Municipalities and Government Organizations

10 Smart Cities Market By Region

11 Competitive Landscape
11.1 Overview
11.2 Competitive Scenario
11.2.1 Smart Transportation
11.2.2 Smart Utilities
11.2.3 Smart Buildings
11.2.4 Smart Citizen Services

12 Company Profiles
12.1 Cisco Systems
12.2 Schneider Electric
12.3 IBM
12.4 Microsoft
12.5 Hitachi
12.6 Siemens AG
12.7 Huawei
12.8 NEC
12.9 Intel
12.10 Oracle
12.11 GE
12.12 AT&T
12.13 Ericsson
12.14 Nokia
12.15 Vodafone
12.16 Itron
12.17 Verizon
12.18 Toshiba Corporation
12.19 SAP SE
12.20 ABB
12.21 Alstom SA
12.22 Kapsch Group
12.23 Honeywell
12.24 Agt International
12.25 Bentley Systems
12.26 Key Innovators
12.26.1 Smart Transportation
12.26.1.1 Veson Nautical
12.26.1.2 Bass Software
12.26.2 Smart Utilities
12.26.2.1 Aclara
12.26.2.2 Takadu
12.26.3 Smart Buildings
12.26.3.1 Flamencotech
12.26.3.2 Delta Controls
12.26.4 Smart Citizen Services
12.26.4.1 Blackboard
12.26.4.2 Telensa

For more information about this report visit https://www.researchandmarkets.com/research/l9n5xj/global_smart?w=5

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