Global Smart City Market Insights and Forecast to 2028

A smart city uses ICT, including mobile networks, to improve the quality of livelihood in a sustainable way. A smart city combines and shares disparate comprehensive data sets captured by intelligently-connected infrastructure, people, and vehicles, to generate new insights. It also provides ubiquitous services that enable citizens to access information about city administrative services, improve the efficiency of city operations, enhance security levels, fuel economic activity, and even increase resilience to natural disasters.
Market Analysis and Insights: Global Smart City Market
The global Smart City market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
The smart infrastructure sector will be the largest segment in the market. The rising adoption of smart water management systems, which are based on ICT (information and communications technology), will be one of the main drivers for the growth of this segment. These smart water management systems collect real-time information on water leakage and assist in the prevention of water loss.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Smart City market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Smart City market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Smart City market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Smart City market.
Global Smart City Scope and Market Size
Smart City market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Smart City market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Smart Security
Smart Infrastructure
Smart Energy
Smart Education
Smart Building
Smart Healthcare
Other
Segment by Application
Communications Industry
Transportation Industry
Express Industry
Government
Education
Other
By Company
ABB
AT&T
Europe Mobile
Cisco
Hitachi
Honeywell
Huawei
IBM
NTT Communications
Oracle
Siemens
Verizon Communications
Vodafone
Accenture
Alcatel-Lucent
Ericsson
HP
Microsoft
Schneider Electric
Telefonica
Toshiba
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA