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Market Analysis and Insights: Global Smart City Technologies Market
A smart city is a municipality that uses information and communication technologies (ICT) to increase operational efficiency, share information with the public and improve both the quality of government services and citizen welfare.
The global Smart City Technologies market size is projected to reach US$ 371270 million by 2028, from US$ 194040 million in 2021, at a CAGR of 9.2% during 2022-2028.
Fully considering the economic change by this health crisis, Software accounting for % of the Smart City Technologies global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Energy segment is altered to an % CAGR throughout this forecast period.
China Smart City Technologies market size is valued at US$ million in 2021, while the North America and Europe Smart City Technologies are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Smart City Technologies landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart City Technologies market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart City Technologies market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart City Technologies market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart City Technologies market.
Global Smart City Technologies Scope and Market Size
Smart City Technologies market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Smart City Technologies market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Software
Hardware
Service
Segment by Application
Energy
Water Usage
Transportation
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ABB
AGT International
Cisco
GE
ENGIE Innovation
Ericsson
AT& T
Capgemini
General Electric
IBM
Intel
Microsoft
TCP Reliable
A smart city is a municipality that uses information and communication technologies (ICT) to increase operational efficiency, share information with the public and improve both the quality of government services and citizen welfare.
The global Smart City Technologies market size is projected to reach US$ 371270 million by 2028, from US$ 194040 million in 2021, at a CAGR of 9.2% during 2022-2028.
Fully considering the economic change by this health crisis, Software accounting for % of the Smart City Technologies global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Energy segment is altered to an % CAGR throughout this forecast period.
China Smart City Technologies market size is valued at US$ million in 2021, while the North America and Europe Smart City Technologies are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Smart City Technologies landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart City Technologies market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart City Technologies market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart City Technologies market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart City Technologies market.
Global Smart City Technologies Scope and Market Size
Smart City Technologies market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Smart City Technologies market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Software
Hardware
Service
Segment by Application
Energy
Water Usage
Transportation
Other
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
ABB
AGT International
Cisco
GE
ENGIE Innovation
Ericsson
AT& T
Capgemini
General Electric
IBM
Intel
Microsoft
TCP Reliable
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
