Astute Analytica, a leading market research firm, has recently published its latest research report on the global Smart Cities Market for the period 2022 to 2030. This survey study provides a detailed analysis of key market trends and offers valuable insights into the prospects of the industry.
The Global Smart Cities Market is projected to have a major leap forward in revenue from US$ 1,25,325.5 Mn in 2021 to US$ 6,70,424.1 Mn by 2030. The market is estimated to register a CAGR of 20.5% during the forecast period 2022-2030.
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The report serves as a bridge between qualitative and statistical data in the Smart Cities Market, presenting a comprehensive analysis of consumption and value historical data from 2022 to 2030, along with estimates for the future. It covers a wide range of topics, including supply-demand dynamics, market growth, improvement elements, business performance, economic indicators, and tactical suggestions. The report utilizes various statistical tools such as SWOT analysis, BCG analysis, and PESTLE analysis, presenting the data graphically for easy understanding.
In addition to providing data on market trends and developments, the study offers in-depth information on the evolution of the capital structure, technological advancements, and the capabilities of participants in the Smart Cities Market. It also highlights the strategies implemented in response to the current and future conditions of the industry.
Prominent Key Players
- Cisco Systems
- IBM Corporation
- Microsoft Corporation
- GE Company
Moreover, the report showcases the expansion potential of the Smart Cities Market for different product categories driven by crucial businesses. Each regional market is thoroughly examined to assess its growth, development, and future demand. The authors of the report provide detailed market potential estimates for major applications and identify emerging prospects.
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Furthermore, the report includes a detailed analysis of Smart Cities product sales in major countries worldwide, offering a segmented outlook for each of these nations from 2022 to 2030.
Segmentation Analysis
Following are the different segments of the Global Smart Cities Market: –
By Technology Segment of the Global Smart Cities Market is sub-segmented into:
- Artificial Intelligence (AI)
- Deep Machine Learning
- Artificial Neural Network
- Voice Recognition
- Pattern Recognition
- Natural Language Processing
- Others
- Big Data Analytics
- Cellular Technology
- 5G Technology
- Others
- Cloud Technology
- Edge Computing
- High-Performance Computing
- Internet of Things (IoT)
- Satellite Network
- Cellular Network
- Radio Frequency Identification
- Near Field Communication
- Wi-Fi
- Quantum Computing
- Others
By Component Segment of the Global Smart Cities Market is sub-segmented into:
- Hardware
- Camera
- Sensors/Detectors
- Meters
- Vehicles
- Smart Robots
- Others
- Software
- Cloud (IoT) Platform
- Public
- Private
- Data Management & Analytics
- Cyber Security
- Remote Monitoring
- Cloud (IoT) Platform
- Services
- Consulting
- System Integration and Deployment
- Support and Maintenance
- Managed Services
By Application Segment of the Global Smart Cities Market is sub-segmented into:
- 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 System
- 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
By Deployment Segment of the Global Smart Cities Market is sub-segmented into:
- Cloud
- On-premise
By region Segment of the Global Smart Cities Market is sub-segmented into:
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- ASEAN
- Rest of Asia Pacific
- Middle East
- UAE
- Saudi Arabia
- Rest of MEA
- Africa
- Nairobi
- Nigeria
- South Africa
- Rest of Africa
- South America
- Argentina
- Brazil
- Rest of South America
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