U.S (New York)– Report Ocean is the ultimate intelligence source on “Global IoT in Smart Cities Market “. Our report analyzes the market’s response to recent disruptions like the Russia-Ukraine war and Covid-19, offering qualitative insights through frameworks like Porters’ and PESTLE analysis, SOWT analysis. With detailed segmentation and market size data across categories, product types, applications, and geographies, our report covers key issues, trends, drivers, restraints, challenges, competitive landscape, and recent events such as M&A activities’
Internet of Things (IoT) and 5G are important enablers for smart cities. Global smart cities IoT market will reach $1,315.4 billion by 2030, growing by 20.4% annually over 2020-2030 owing to emerging technological advancements and increasing number of government initiatives for smart cities. Highlighted with 85 tables and 90 figures, this 178-page report “IoT in Smart Cities: Global Market 2020-2030 by Offering (Hardware, Software, Services), Product Type, Technology, Application (Citizen Service, Transportation, Utilities, Home & Building), and Region” is based on a holistic research of the entire global smart cities IoT market and all its sub-segments through extensively detailed classifications.
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A release on June 8th, 2022, by the Bureau and Economic Analysis and U.S. The Census Bureau reports the recovery of the U.S. market. The report also described the recovery of U.S. International Trade in July 2022.In April 2022, exports in the country reached $300 billion, an increase of $13.4 billion. In April 2022, imports amounted to $294.5 billion, increasing by $17.4 billion. COVID-19 is still a significant issue for economies around the globe, as evidenced by the year-over-year decline in exports in the U.S. between April 2020 and April 2022 and the increase in imports over that same period of time. The market is clearly trying to recover. Despite this, it means there will be a direct impact on ICT industries. resulting in a large market for Global IoT in Smart Cities Market .
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 smart cities IoT market in every aspect of the classification from perspectives of Offering, Product Type, Technology, Application, and Region.
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Key Players (this may not be a complete list and extra companies can be added upon request):
Bosch Software Innovation Gmbh
Cisco Systems, Inc.
Hitachi Ltd
Honeywell International Inc.
Huawei Technologies Co., Ltd
IBM Corporation
Intel Corporation
Quantela
Sap Se
Schneider Electric Software, LLC
Siemens AG
Sierra Wireless
Tech Mahindra
Based on Offering
Hardware
Software
Services
– Professional Services
– Managed Services
Based on Product Type
– Remote Monitoring
– Network & Application Security
– Data Management
– Real-Time Streaming Analytics
– Network Management
– Network Security
– Other Product Types
Based on Technology
– Satellite Network
– Cellular Network
– Radio Frequency Identification
– Near Field Communication
– Wi-Fi
Based on Application
Smart Transportation
Smart Utilities
Smart Home & Building
Smart Citizen Service
– Smart Education
– Smart Healthcare
– Emergency Response System
– Public Safety System
– Assisted Living Solution
– Other Citizen Services
Environmental Monitoring
Other Applications
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Geographically
– 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 Offering, Product Type, and Application 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.
Specifically, potential risks associated with investing in global smart cities IoT market are assayed quantitatively and qualitatively through Report Ocean Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Study Objectives:
- Conduct SWOT analysis to assess market competition among global manufacturers.
- Define, describe, and forecast the market by type, application, and region.
- Evaluate global and regional market potential, advantages, opportunities, challenges, constraints, and risks.
- Determine the driving and limiting factors for market growth.
- Identify high-growth categories for stakeholder analysis of market potential.
- Analyze growth trends and market contribution of each submarket strategically.
- Examine competitive developments such as expansions, agreements, new product launches, and acquisitions.
- Create detailed growth profiles of key players and analyze their expansion plans.
Research Methodology:
- Outline research goals, questions, and hypotheses.
- Describe the research design, approach, data collection methods, and sampling strategy.
- Explain data collection procedures, including primary and secondary sources, instruments, and cleaning processes.
- Discuss data analysis methods, such as statistical tests and qualitative coding.
- Address study limitations, biases, sources of error, and data constraints.
- Consider ethical considerations, including informed consent, participant confidentiality, and minimizing harm.
Report Scope:
- Provide comprehensive market segmentation and revenue approximations across verticals and regions.
- Highlight key market drivers, restraints, challenges, and opportunities for stakeholders.
- Improve stakeholders’ understanding of competitors and enhance their business position.
- Include competitor ecosystem, new product development, agreements, and acquisitions in the competitive landscape section.
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