Dublin, Aug. 13, 2021 (GLOBE NEWSWIRE) -- The "Smart Cities Market by Strategy, Technology, and Outlook for Solutions, Applications and Services 2021 - 2026" report has been added to ResearchAndMarkets.com's offering.
This report evaluates the smart cities market including leading vendors and strategies (such as a single vs. multi-vendor centric approach), infrastructure, solutions, applications, and services. The report analyzes market factors driving solution adoption, technology readiness and fitness for use, and other considerations.
The report assesses the aforementioned factors to derive penetration and revenue to forecast market value for the period of 2021 to 2026. The report also analyses the role of technology accelerating digital transformation including AI, edge processing, 5G deployment and usage, and advanced data analytics.
Select Report Findings:
- Overall value of global smart cities market to exceed $2.5 trillion by 2026
- The artificial intelligence market in smart cities to exceed $240 billion by 2026
- North America is the largest region with a 31.9% of the total smart cities market
- The infrastructure segment is the largest technology area with 65.6% of the total market
- 5G narrow-band, mid-band and millimeter wave in smart cities to reach $104.8 billion by 2026
The majority of the world's population lives in an urban area and this is projected to grow to 71% by 2050. Global metropolitan areas are facing unprecedented challenges as the pace of urbanization is increasing at a pace that is testing the ability of city planners to meet the current and anticipated needs of its citizens. In addition, the enhanced mobility of modern society has created extreme competition between cities to attract skilled residents, corporations, and related jobs.
Smart cities represent a combination of solutions deployed in an urban environment to transform the administration and support of living and working environments to meet these challenges. Accordingly, Information and Communications Technologies (ICT) are transforming at a rapid rate, driven by urbanization, the industrialization of emerging economies, and the specific needs of various smart city initiatives. Smart city development is emerging as a focal point for growth drivers in several key ICT areas including AI, IoT, connected devices, broadband wireless, edge computing, and big data analytics.
Technological innovation is one of the driving factors for the development of cities. These innovations are also an important support for those searching for new ways to manage resources and deliver services. A lot of smart city technologies are being developed to manage specific issues in energy distribution, energy management, transportation management, and public safety. New generations of sensor networks, big data analytics, and IoT applications are being deployed in public and privately managed physical spaces to meet these requirements, though many challenges remain.
An important focus area for smart cities is technology infrastructure to enable smart utilities (smart grids, sanitation, water, and gas), smarter buildings, and workplaces. Systems and resources are intertwined as mobility, communications, energy, water, platforms, monitoring/control, performance management, predictability and forecasting all merge together. We see great synergy coming in public and corporate collaboration, but it will take up to twenty years to fully develop.
Major initiatives are beginning to make a substantial positive impact as critical milestones are achieved. This includes network and system interoperability, security and privacy controls, and technology integration. For the latter, one of the key areas that we see is the combination of AI and IoT forming "thinking" cities that rely upon the Artificial Intelligence of Things (AIoT).
Industry verticals we see as early beneficiaries include utilities, public safety, and transportation. Specific AIoT-enhanced smart city solutions within these verticals are poised to improve the overall efficiency and operational effectiveness of delivery systems as well as human capital management.
Optimizing systems and services for the smart cities market will be an ongoing process. This is because developing a smart city represents an ongoing transformation process in which the correct environment for smart solutions to be efficiently accepted takes shape over a period of decades. Sustainable smart city technology deployments depend upon careful planning and execution as well as monitoring and adjustments as necessary.
For example, feature/functionality must be blended to work efficiently across many different industry verticals as smart city solutions address the needs of disparate market segments with multiple overlapping and sometimes mutually exclusive requirements. This will stimulate the need for both cross-industry coordination as well as orchestration of many different capabilities across several important technologies.
Key Topics Covered:
1.0 Executive Summary
2.0 Smart City Overview
3.0 Smart City Strategy and Planning
4.0 Smart City Market Analysis
4.1 Smart City Market Drivers
4.1.1 High Bandwidth, Low Latency, and Reliable Communications
4.1.2 Reduced Energy Consumption with Smart Energy Solutions
4.1.3 Active Citizen Engagement Leads to Greater Smart City Support
4.1.4 Improving Governance Services and National Security
4.1.5 Accelerating Digital Transformation
4.1.6 Fostering Urban Development
4.2 Smart City Solution Focus Areas
4.2.1 Smart Utilities
4.2.1.1 Smart Electricity Grids
4.2.1.2 Smart Sanitation and Recycling
4.2.1.3 Smart Water Management
4.2.2 Smart Transportation: Roadways, Vehicles, and Parking
4.2.3 Smart Residences, Commercial Buildings, and Workplaces
4.2.3.1 Smart Commercial Buildings
4.2.3.2 Smart Homes
4.2.3.3 Smart Workplaces
4.2.4 Smart Industries
4.2.4.1 Smart Product and Production Industries
4.2.4.1.1 Enterprise and Industrial Automation
4.2.4.1.2 Smart Manufacturing
4.2.4.1.3 Smart Retail
4.2.4.2 Smart Service Industries
4.2.4.2.1 Smart Education
4.2.4.2.2 Smart Food and Beverages
4.2.4.2.3 Smart Government
4.2.4.2.4 Smart Healthcare
4.2.4.2.5 Smart Public Safety
4.2.4.2.5.1 Smart Public Safety for Citizens
4.2.4.2.5.2 Smart Public Safety for Service Providers
4.3 Smart City Infrastructure
4.4 Specific Smart City Solution Areas
4.4.1 Asset Tracking and Control
4.4.2 Field and Home Area Network Solutions
4.4.3 AI and Big Data supported Smart City Hubs
4.4.4 Smart City Applications in Citizen Service
4.4.5 Mobility Solutions, Governance, and Security in Smart Cities
5.0 Smart City Technology Analysis
5.1 Machine to Machine and Internet of Things
5.1.1 Machine to Machine Technologies and Communications
5.1.2 Internet of Things in Smart Cities
5.2 Smart City Data Management Technologies and Solutions
5.3 Artificial Intelligence in Smart Cities
5.3.1 Artificial Intelligence of Things (AIoT) in Smart Cities
5.3.2 Combined AIoT and Data Analytics in Smart Cities
5.4 Metropolitan and Wide Area Communications
5.4.1 WiMAX
5.4.2 LTE
5.4.2.1 LTE Advanced
5.4.2.2 LTE Direct
5.4.2.3 LTE Advanced Pro
5.4.3 5G
5.5 Short Range Communication Technology
5.5.1 WiFi
5.5.2 RFID
5.5.3 Li-Fi
5.6 Next Generation Computing support of Smart Cities
5.6.1 Edge Based Computing: Localized Processing
5.6.2 High Performance and Quantum Computing
6.0 Smart City Development by Region and Country
7.0 Smart City Value Chain and Application Analysis
7.1 Smart City Ecosystem Analysis
7.2 Smart City Product and Service Provider Opportunity Analysis
7.2.1 Smart City Network Service Providers
7.2.2 Smart City Integrators
7.2.3 Smart City Product Vendors
7.2.3.1 Smart City Platform Providers
7.2.3.2 Smart City Embedded Device and Component Manufacturers
7.2.3.3 Smart City Application Developers
7.2.4 Smart City Managed Service Providers
7.2.4.1 Managed Smart City Infrastructure Services
7.2.4.2 Managed Smart City Data Services
7.2.4.3 Industry Specific Smart City Managed Services Solutions
7.3 Equipment vs. Software and Service based Approach
8.0 Smart City Vendor and Service Provider Analysis
8.1 Major Strategic Initiatives by Several Companies
8.2 2020 Imaging
8.3 ABB
8.4 Accela
8.5 Accenture
8.6 Aclara
8.7 Aclima
8.8 Advantech
8.9 Aeris Communications
8.10 AGT International
8.11 Airspan
8.12 Airtel
8.13 Alibaba
8.14 Allegro
8.15 Ally
8.16 Alstom SA
8.17 Altair Semiconductor
8.18 Alvarion
8.19 Amazon
8.20 Ambience Data
8.21 AMCS
8.22 AMD
8.23 America Movil
8.24 Amplia Soluciones SL
8.25 Analog Devices Inc.
8.26 Apple
8.27 Appyparking
8.28 Altran
8.29 Arista Networks Inc.
8.30 ARM Holdings
8.31 Ascom
8.32 Asus
8.33 AT&T
8.34 Atos
8.35 Autogrid
8.36 Ayyeka
8.37 Azavea
8.38 Baidu Inc.
8.39 Banyanwater
8.40 Barbara IoT
8.41 Bentley Systems
8.42 Blackberry Ltd
8.43 Bosch Software Innovations GmbH
8.44 Breezometer
8.45 Bridj
8.46 Broadcom Corporation
8.47 BT Group
8.48 Blyncsy
8.49 Calthorpe Analytics
8.50 Capgemini
8.51 Cavium Inc.
8.52 China Mobile
8.53 China Unicom
8.54 Ciena Corporation
8.55 CIMCON Lighting
8.56 Cisco
8.57 Citrix Systems
8.58 Cityflo
8.59 Citymapper
8.60 Civicsmart
8.61 Clarity Movement Co.
8.62 Cobham Wireless
8.63 Colt
8.64 Compology
8.65 Contus
8.66 Cradlepoint
8.67 Cubic Corporation
8.68 CyanConnode
8.69 Dassault Systems
8.70 Delta Controls
8.71 Dispatchr
8.72 Double Map
8.73 DOVU
8.74 Elichens
8.75 Emagin
8.76 Emerson Electric Co
8.77 Enel
8.78 Energyworx
8.79 Enevo
8.80 ENGIE
8.81 Ericsson
8.82 Evopark
8.83 EZparking
8.84 Fathom
8.85 Filament
8.86 Flamencotech
8.87 Flowlabs
8.88 Fluentgrid
8.89 GE
8.90 Get My Parking
8.91 Google
8.92 Gridcure
8.93 HCL Technologies Ltd
8.94 HFCL
8.95 Hitachi
8.96 Honeywell
8.97 HPE
8.98 Huawei
8.99 IBM
8.100 Infarm
8.101 Inrix
8.102 Inspira
8.103 Intel
8.104 Intelizon Energy
8.105 Inventum Technologies
8.106 Itron
8.107 Johnson Controls
8.108 Kapsch Group
8.109 Koninklijke Philips NV
8.110 KORE Wireless
8.111 LG CNS
8.112 Libelium
8.113 Logic Ladder
8.114 Mapillary
8.115 Maven Systems
8.116 Meter Feeder
8.117 Metrotech
8.118 Microsoft
8.119 Mindteck
8.120 Miovision
8.121 Mobike
8.122 Moovel
8.123 Moovit
8.124 NEC
8.125 Neighborland
8.126 Nokia
8.127 Nordsense
8.128 NTT DATA
8.129 One Concern
8.130 Oorja On Move
8.131 Opendatasoft
8.132 Opusone
8.133 Oracle Corporation
8.134 Panasonic
8.135 Parkwhiz
8.136 Passport
8.137 Phoenix Robotix
8.138 Plume Labs
8.139 Proclivis Technology Solutions
8.140 Purple
8.141 QInfra Solutions
8.142 Qualcomm Incorporated
8.143 Quality Theorem
8.144 Rachio
8.145 Remix
8.146 Ridlr
8.147 Rubicon
8.148 SAP
8.149 Schneider Electric SA
8.150 Sentiance
8.151 Siemens AG
8.152 Sierra Wireless
8.153 Sigfox
8.154 Signify
8.155 Soofa
8.156 Spacetime Insight
8.157 Spatial Labs, Inc.
8.158 Spice Digital
8.159 Spot Hero
8.160 Stae
8.161 Streetlight Data
8.162 Swiftly
8.163 Takadu
8.164 Tantalum
8.165 Telefonica
8.166 Telensa
8.167 Toshiba
8.168 Tractebel
8.169 Trafi
8.170 Transit Labs
8.171 Transit Screen
8.172 Transloc
8.173 Trilliant
8.174 Understory
8.175 UrbanFootprint
8.176 Urbee
8.177 Urbiotica
8.178 Utilidata
8.179 Valor Water Analytics
8.180 Varentec
8.181 Veniam
8.182 Veolia
8.183 Verizon
8.184 Videonetics Technologies
8.185 Vodafone
8.186 Volocopter
8.187 Watersmart
8.188 Where Is My Transport
8.189 Wipro
8.190 Worldsensing SL
8.191 Zagster
8.192 Zenysis
8.193 Zerocycle
8.194 ZiFF Technologies
9.0 Smart Cities Projects
9.1 Smart Traffic Management of Miami-Dade
9.2 Waste Management in Sweden
9.3 Creating a Health Hub
9.4 Smart London Plan
9.5 Recycling Project in Finland
9.6 Danish City Gains Efficiency with Cloud-based Productivity Tools
9.7 City of Seoul Case Study
9.8 Bauru scores big with GE LED signals
9.9 Integrated Smart City Transportation System
9.10 Smart Meter Solutions for Water Utilities
10.0 Smart Cities Market Forecast 2021 - 2026
11.0 Conclusions, and Recommendations
12.0 Appendix: Select Smart City Ecosystem Analysis
For more information about this report visit https://www.researchandmarkets.com/r/34tgk2
