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Report: Smart Cities Market to 2025 by Industry Verticals (Smart Infrastructure, Smart Governance, Smart Transportations, Smart Energy and Smart Education) – Global Analysis and Forecast

  • Rising technological developments will escalate the Smart Cities Market at a CAGR of 19.08%

    Published Date: May 2017

    Latest market study on “Smart Cities Market to 2025 by Industry Verticals (Smart Infrastructure, Smart Governance, Smart Education, Smart Transportation, Smart Healthcare and Smart Energy) – Global Analysis and Forecast”, The global Smart cities market accounted for US$ 773.19 Bn in 2016 and is expected to grow at a CAGR of 19.08% during the forecast period 2017 – 2025, to account for US$ 3651.49 Bn in 2025. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.

    Browse market data tables and in-depth TOC of the Global Smart Cities Market (2016–2025)

    Early buyers will receive 10% customization on reports.

    The global smart cities market for the industry verticals is fragmented into smart healthcare, smart infrastructure, smart governance, smart transportation, smart energy, and smart education. The segmentation is based upon various aspects of smart cities. Smart infrastructure accounts largest market share of smart cities industry verticals market and is expected to continue its dominance throughout the forecast period. The concept of smart infrastructure is an approach that is contemporary in urban planning and design for sustainable infrastructure development because of its integrated ICT approach adopted for sustainable development. As the adoption and deployment of smart objectives wide spreads across the globe, the market for each individual industry vertical in smart cities market is also anticipated to grow.

    Technology integration helps cities to improve efficiency, enhance their economic potential, reduce costs, open the door to new business and services, and improve the living conditions of its citizens. A key condition for value creation through integration is the compatibility of technologies; which is best achieved through common and consensus-based standards that ensure interoperability.

    Some of the major players influencing smart cities market are ABB, Accenture, Cisco, Ericsson, GE, IBM, Oracle, Microsoft, Schneider Electric and Siemens, among others.
    Smart Cities, Global Breakdown by Regions, 2016 (%)

    Source: The Insight Partners Analysis

    The report segments the global smart cities market as follows:

    Global Smart Cities Market – By Industry Verticals

    Smart Infrastructure
    Smart Energy
    Smart Healthcare
    Smart Governance
    Smart Education
    Smart Transportation

    Global Smart Cities Market – By Geography

    North America

    Rest of Europe

    Asia Pacific (APAC)
    Rest of APAC

    Middle East & Africa (MEA)
    Saudi Arabia
    South Africa
    Rest of MEA

    South America (SAM)
    Rest of SAM