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Global Smart Cities Market 2020-2030 by Component (Hardware, Software, Services), Application (Citizen Service, Transportation, Utilities, Home & Building), Business Model (BOM, BOO, BOT, OBM), and Region: Trend Forecast and Growth Opportunity  , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider  Smart Cities market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis,  Smart Cities market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region

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Key Segments Studied in the Global  Smart Cities Market

Global smart cities market will reach $4,269.3 billion by 2030, growing by 17.3% annually over 2020-2030 owing to growing urbanization & government initiatives, rising need for resource management due to overpopulation, and emerging technological advancements in 5G, AI, big data, IoT, cloud and edge computing.

Highlighted with 91 tables and 115 figures, this 215-page report “Global Smart Cities Market 2020-2030 by Component (Hardware, Software, Services), Application (Citizen Service, Transportation, Utilities, Home & Building), Business Model (BOM, BOO, BOT, OBM), and Region: Trend Forecast and Growth Opportunity” is based on a holistic research of the entire global smart cities market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global smart cities market in every aspect of the classification from perspectives of Component, Application, Business Model, and Region.

Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Infrastructure & Hardware  

  • Smart Devices
  • Embedded Objects
  • Smart Sensors
  • Other Hardware

Software & Solutions 

  • Software & Applications
  • Communication Optimization
  • Data Collection & Analysis
  • Other Solutions


  • Professional Services
  • Managed Services

Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Smart Transportation

  • Parking Management
  • Ticketing & Travel Management
  • Traffic Management
  • Passenger Information Management System
  • Freight Information System
  • Other Smart Transportation Systems

Smart Utilities

  • Energy management
  • Advanced Metering Infrastructure
  • Smart Grid
  • Water Management
  • Distribution Management
  • Other Smart Utilities

Smart Governance

  • E-Governance Solutions
  • Smart Public Safety
  • Law Enforcement
  • City Planning
  • Other Governance Services

Smart Home & Building

  • Building Automation System
  • Energy Management Systems
  • Parking Management System
  • Emergency Management System
  • Other Smart Building Systems

Smart Citizen Service

  • Smart Education
  • Smart Healthcare
  • Emergency Response System
  • Video Surveillance System
  • Assisted Living Solution
  • Other Citizen Services

Smart Mobility

  • Electric Vehicle Charging
  • Tunnel Management
  • Tolling Management
  • Other Mobility Solutions

Other Applications

Based on Business Model, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

  • Build Operate Manage (BOM)
  • Build Own Operate (BOO)
  • Build Operate Transfer (BOT)
  • Open Business Model (OBM)
  • Other Business Models

Geographically, the following regions together with the listed national/local markets are fully investigated:

  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • North America (U.S., Canada, and Mexico)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • MEA (Saudi Arabia, UAE, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Component, Application, and Business Model over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Key Players (this may not be a complete list and extra companies can be added upon request):

ABB Ltd.

Accenture Plc

Alphabet Inc.


Cisco Systems Inc.


Foxconn Electronics Inc.

Fujitsu Ltd.

General Electric Company



Huawei Technologies

IBM Corporation

INTEL Corporation

LG Electronics Inc.

Microsoft Corp.

Oracle Corp.

Qualcomm Technologies Inc.

Schneider Electric SE

Siemens AG

Toshiba Corporation

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx

Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.

Study Explore :

  • Market Behavior/ Level of Risk and Opportunity
  • End Industry Behavior/ Opportunity Assessment
  • Expected Industry Recovery Timeline

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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.

Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam

In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis

The study objectives of this report are:

  • To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
  • To understand the structure of market by identifying its various subsegments.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
  • Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the growth trends, future prospects, and their contribution to the total market.
  • To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

The Study Explore COVID 19 Outbreak Impact Analysis

  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?

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Key Points Covered in  Smart Cities Market Report:

Table of Contents

1 Introduction          10

1.1 Industry Definition and Research Scope       10

1.1.1 Industry Definition    10

1.1.2 Research Scope            11

1.2 Research Methodology 14

1.2.1 Overview of Market Research Methodology         14

1.2.2 Market Assumption   15

1.2.3 Secondary Data           15

1.2.4 Primary Data  15

1.2.5 Data Filtration and Model Design  17

1.2.6 Market Size/Share Estimation        18

1.2.7 Research Limitations            19

1.3 Executive Summary      20

2 Market Overview and Dynamics           22

2.1 Market Size and Forecast        22

2.1.1 Impact of COVID-19 on World Economy   24

2.1.2 Impact of COVID-19 on the Market            27

2.2 Major Growth Drivers 29

2.3 Market Restraints and Challenges    32

2.4 Emerging Opportunities and Market Trends          35

2.5 Porter’s Fiver Forces Analysis            39

3 Segmentation of Global Market by Component        43

3.1 Market Overview by Component       43

3.2 Infrastructure & Hardware     45

3.2.1 Smart Devices 46

3.2.2 Embedded Objects     47

3.2.3 Smart Sensors            48

3.2.4 Other Hardware         49

3.3 Software & Solutions   50

3.3.1 Software & Applications        51

3.3.2 Communication Optimization        52

3.3.3 Data Collection & Analysis  53

3.3.4 Other Solutions         54

3.4 Services   55

3.4.1 Professional Services 56

3.4.2 Managed Services      57

4 Segmentation of Global Market by Application         58

4.1 Market Overview by Application        58

4.2 Smart Transportation  60

4.2.1 Parking Management            62

4.2.2 Ticketing & Travel Management    63

4.2.3 Traffic Management  64

4.2.4 Passenger Information Management System     65

4.2.5 Freight Information System           66

4.2.6 Other Smart Transportation Systems       67

4.3 Smart Utilities   68

4.3.1 Energy management 70

4.3.2 Advanced Metering Infrastructure            71

4.3.3 Smart Grid      72

4.3.4 Water Management  73

4.3.5 Distribution Management   74

4.3.6 Other Smart Utilities            75

4.4 Smart Governance        76

4.4.1 E-Governance Solutions       78

4.4.2 Smart Public Safety   79

4.4.3 Law Enforcement      80

4.4.4 City Planning  81

4.4.5 Other Governance Services 82

4.5 Smart Home & Building          83

4.5.1 Building Automation System          85

4.5.2 Energy Management Systems         86

4.5.3 Parking Management System         87

4.5.4 Emergency Management System   88

4.5.5 Other Smart Building Systems       89

4.6 Smart Citizen Service   90

4.6.1 Smart Education        92

4.6.2 Smart Healthcare      93

4.6.3 Emergency Response System          94

4.6.4 Video Surveillance System  95

4.6.5 Assisted Living Solution      96

4.6.6 Other Citizen Services          97

4.7 Smart Mobility  98

4.7.1 Electric Vehicle Charging     100

4.7.2 Tunnel Management            101

4.7.3 Tolling Management 102

4.7.4 Other Mobility Solutions     103

4.8 Other Applications       104

5 Segmentation of Global Market by Business Model 105

5.1 Market Overview by Business Model            105

5.2 Build Operate Manage (BOM)            107

5.3 Build Own Operate (BOO)      108

5.4 Build Operate Transfer (BOT)            109

5.5 Open Business Model (OBM) 110

5.6 Other Business Models            111

6 Segmentation of Global Market by Region     112

6.1 Geographic Market Overview 2019-2030     112

6.2 North America Market 2019-2030 by Country      116

6.2.1 Overview of North America Market           116

6.2.2 U.S.       120

6.2.3 Canada 124

6.2.4 Mexico 126

6.3 European Market 2019-2030 by Country    128

6.3.1 Overview of European Market         128

6.3.2 Germany         132

6.3.3 UK         134

6.3.4 France  136

6.3.5 Spain     138

6.3.6 Italy      140

6.3.7 Russia   142

6.3.8 Rest of European Market     144

6.4 Asia-Pacific Market 2019-2030 by Country            146

6.4.1 Overview of Asia-Pacific Market     146

6.4.2 Japan    150

6.4.3 China    153

6.4.4 Australia          155

6.4.5 India     157

6.4.6 South Korea    159

6.4.7 Rest of APAC Region 161

6.5 South America Market 2019-2030 by Country      163

6.5.1 Argentina         166

6.5.2 Brazil    168

6.5.3 Chile     170

6.5.4 Rest of South America Market        172

6.6 MEA Market 2019-2030 by Country            173

6.6.1 UAE       176

6.6.2 Saudi Arabia   178

6.6.3 South Africa    180

6.6.4 Other National Markets       182

7 Competitive Landscape   183

7.1 Overview of Key Vendors         183

7.2 New Product Launch, Partnership, Investment, and M&A          186

7.3 Company Profiles          187

ABB Ltd.        187

Accenture Plc           189

Alphabet Inc.            190

AT&T  191

Cisco Systems Inc.   192

Ericsson         193

Foxconn Electronics Inc.   194

Fujitsu Ltd.   195

General Electric Company 196

Hitachi           197

Honeywell     198

Huawei Technologies         199

IBM Corporation     200

INTEL Corporation 201

LG Electronics Inc.  202

Microsoft Corp.        203

Oracle Corp.  204

Qualcomm Technologies Inc.       205

Schneider Electric SE         206

Siemens AG  207

Toshiba Corporation           208

8 Investing in Global Market: Risk Assessment and Management  209

8.1 Risk Evaluation of Global Market     209

8.2 Critical Success Factors (CSFs)          212

Related Reports and Products      215

……..and view more in complete table of Contents

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