Smart city platform market is anticipated to grow at a significant CAGR during the forecast period. A smart city is a system that includes several facilities such as building automation systems, smart transportation systems, smart lighting systems, security and control systems, intelligent grids, renewable power, water treatment, and supply, etc.
Smart cities are increasing globally, due to urbanization, which is enabling the growth of the market. The government schemes and spending are also providing much more importance to platform providers as compared to standalone smart solutions due to the scalability and integration of other smart solutions.
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National governments helping the enlargement of smart city projects is also a major trend in the market. With the aid of the Smart Cities and Communities European Innovation Partnership (EIP SCC), supported by the European Commission, 79 cities in the region have undertaken smart city development. EIP-SCC plans to have 400 smart cities by 2020.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Offering
- By Delivery Model
- By Application
- Competitive Landscape: Google LLC (US), Hitachi, Ltd. (Japan), Huawei Technologies Co., Ltd. (China), IBM Corp. (US), Intel Corp. (US)
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Smart City Platform Market by Region
By Offering
- Platforms
- Connectivity Management Platform
- Integration Platform
- Device Management Platform
- Security Platform
- Data Management Platform
- Services
- Professional Services
? Consulting and Architecture Designing
? Infrastructure Monitoring and Management
? Deployment and Training
- Managed Services
By Delivery Model
- Offshore
- Hybrid
- Onsite
By Application
- Smart Transportation
- Public Safety
- Smart Energy and Utilities
- Infrastructure Management
- Citizen Engagement
Smart City Platform Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
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