Smart City Platform Market Size to Grow by USD 70.56 billion | Alibaba Group Holding Ltd. and ABB Ltd. Among Key Vendors | Technavio

Read the report with TOC on "Smart City Platform Market Analysis Report by Application (smart infrastructure, smart building, smart utilities, and others) and Geography (North America, Europe, APAC, MEA, and South America) Forecasts,2022-2026". View our Report Snapshot

Major Five Smart City Platform Companies: Key Offerings

• Alibaba Group Holding Ltd. - The company offers Cloud Intelligence brain, which is an ultra-intelligent AI Platform for solving complex business and social problems for smart cities.
• ABB Ltd. - The company offers google cloud IoT solutions which fully managed integration that lets store and analyze data at the edge and in the cloud.
• Amazon.com Inc. - The company uses cloud technologies for building smart city platforms.
• Cisco Systems Inc. - The company uses kinetic solutions to visualize, view, and manage data from the lighting, parking, traffic, and Wi-Fi deployments around city.
• Hitachi Ltd. - The company is building smart cities and Internet of Things (IoT) solutions that are helping cities to become safer, more efficient, and convenient while driving economic growth.

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Smart City Platform Market Application Outlook (Revenue, USD bn, 2021-2026)

• Smart infrastructure - size and forecast 2021-2026
• Smart building - size and forecast 2021-2026
• Smart utilities - size and forecast 2021-2026
• Others - size and forecast 2021-2026

Smart City Platform Market Geography Outlook (Revenue, USD bn, 2021-2026)

• North America - size and forecast 2021-2026
• Europe - size and forecast 2021-2026
• APAC - size and forecast 2021-2026
• MEA - size and forecast 2021-2026
• South America - size and forecast 2021-2026

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Regional Analysis

APAC will account for the highest market share growth during the forecast period. Market growth in the region will be faster than the growth of the market in other regions. Japan is a key country for the smart city platforms market in APAC.

Revenue-generating Application Segment

The smart infrastructure segment will have significant market share growth during the forecast period. The increasing industrial development, commercialization, and awareness of effective utilization of energy and building optimization will drive the adoption of smart infrastructure. Smart infrastructure includes the combination of real and digital worlds across energy systems, buildings, and industries. This enhances the way people live and work and significantly improves efficiency and sustainability. During the forecast period, some of the workforces are expected to continue working from home. This will increase the adoption of various smart speakers, security lighting, and energy & HVAC sensors to enable a comfortable work environment. These factors will positively impact the growth of the segment and, consequently, the market in focus.

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Table of Contents

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2021
• Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Smart infrastructure - Market size and forecast 2021-2026
• Smart building - Market size and forecast 2021-2026
• Smart utilities - Market size and forecast 2021-2026
• Others - Market size and forecast 2021-2026
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2021-2026
• Europe - Market size and forecast 2021-2026
• APAC - Market size and forecast 2021-2026
• MEA - Market size and forecast 2021-2026
• South America - Market size and forecast 2021-2026
• Key leading countries
• Market opportunity by geography
• Market drivers
• Market challenges
• Market trends

Vendor Landscape

• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alibaba Group Holding Ltd.
• ABB Ltd.
• Amazon.com Inc.
• Cisco Systems Inc.
• Fujitsu Ltd.
• Fybr
• Hitachi Ltd.
• Quantela Inc.
• Robert Bosch GmbH
• Telefonaktiebolaget LM Ericsson

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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