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Global Ai in Smart Cities Market Size study & Forecast, by Component (Hardware, Software, Service), by Application (Transportation, Energy, Security, Healthcare, Education, Others), by Deployment (On-Premise, Cloud Based, Hybrid), and Regional Analysis, 2023-2030

January 2024 | 200 pages | ID: G7C062DD7C8AEN
Bizwit Research & Consulting LLP

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Global Ai in Smart Cities Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. The AI in Smart Cities Market represents the intersection of Artificial Intelligence (AI) technology and the dynamic needs of urban environments. It encompasses a diverse range of AI-driven solutions and applications that are designed to address the complexities and challenges faced by modern cities. This market revolves around the integration of AI technology to enhance various aspects of urban living, making cities smarter, more efficient, and more sustainable. The market growth is driven by increasing demand for smart city solutions, growing urbanization, and growing capabilities of AI technologies.

The growing demand for smart city solutions serves as a powerful catalyst for the market growth of AI in smart cities. According to the Indian Government, the Smart Cities Mission, is a program initiated by the Government of India focused on urban renewal and retrofitting. The primary objective is to enhance the livability and sustainability of 100 cities nationwide. The key components of the Smart Cities Mission include city improvement (retrofitting), city renewal (redevelopment), and city extension (greenfield development). Additionally, there is a Pan-city initiative, implementing Smart Solutions across broader city areas to create a more citizen-friendly and sustainable urban environment. On the other side, the Infrastructure Investment and Jobs Act, signed into law by U.S. President Biden on November 15, marks a significant milestone by allocating USD 1.2 trillion in federal spending. This funding is dedicated to fortifying both the digital and physical infrastructure of the United States. Widely regarded as a 'once-in-a-generation investment in our nation's infrastructure and competitiveness,' the Act aims to bring about substantial enhancements in various key areas. However, high initial investment costs, privacy and security concerns, and lack of skilled workforce stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Ai in Smart Cities Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia-Pacific (APAC) region has emerged as a global leader and the fastest-growing with XX% CAGR over the forecast period. Initially, many APAC governments have taken proactive measures to drive smart city initiatives, making significant investments in AI and related technologies. These initiatives aim to address the complexities of rapidly growing urban centers and improve the quality of life for citizens.

Major market player included in this report are:

Qualcomm Incorporated

International Business Machines Corporation

Amazon Web Services (AWS)

Microsoft Corporation

Google LLC

ABB Ltd.

Hitachi Ltd.

Huawei Technologies Co., Ltd.

Intel Corporation

Nvidia

Recent Developments in the Market:
  • In November 2023, IBM and Cisco joined forces to collaborate on the development of AI solutions tailored for smart cities. Their partnership focuses on creating AI solutions for a wide range of smart city applications, spanning transportation, energy management, security, and healthcare.
  • In Nov. 2023, Microsoft introduced a cutting-edge AI-powered platform for smart cities, known as Azure for Smart Cities. This platform offers a comprehensive suite of tools and services to facilitate the creation and deployment of AI solutions specifically designed for smart city initiatives.
  • In November 2023, Google unveiled a new AI-powered traffic management system. This innovative system employs AI algorithms to optimize traffic flow and mitigate congestion issues. Presently, it is undergoing testing and implementation in multiple cities worldwide.
Global Ai in Smart Cities Market Report Scope:
  • Historical Data – 2020 - 2021
  • Base Year for Estimation – 2022
  • Forecast period - 2023-2030
  • Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
  • Segments Covered – Component, Application, Deployment, Region
  • Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
  • Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Hardware

Software

Service

By Application:

Transportation

Energy

Security

Healthcare

Education

Others

By Deployment:

On-Premise

Cloud

Hybrid

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. AI in Smart Cities Market, by Region, 2020-2030 (USD Billion)
  1.2.2. AI in Smart Cities Market, by Component, 2020-2030 (USD Billion)
  1.2.3. AI in Smart Cities Market, by Application, 2020-2030 (USD Billion)
  1.2.4. AI in Smart Cities Market, by Deployment, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL AI IN SMART CITIES MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL AI IN SMART CITIES MARKET DYNAMICS

3.1. AI in Smart Cities Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing demand for smart city solutions
    3.1.1.2. Growing urbanization
    3.1.1.3. Growing capabilities of AI technologies
  3.1.2. Market Challenges
    3.1.2.1. High initial investment costs
    3.1.2.2. Privacy and security concerns
    3.1.2.3. Lack of skilled workforce
  3.1.3. Market Opportunities
    3.1.3.1. Improved efficiency and productivity
    3.1.3.2. Reduced environmental impact
    3.1.3.3. Improved quality of life for residents

CHAPTER 4. GLOBAL AI IN SMART CITIES MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL AI IN SMART CITIES MARKET, BY COMPONENT

5.1. Market Snapshot
5.2. Global AI in Smart Cities Market by Component, Performance - Potential Analysis
5.3. Global AI in Smart Cities Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4. AI in Smart Cities Market, Sub Segment Analysis
  5.4.1. Hardware
  5.4.2. Software
  5.4.3. Service

CHAPTER 6. GLOBAL AI IN SMART CITIES MARKET, BY APPLICATION

6.1. Market Snapshot
6.2. Global AI in Smart Cities Market by Application, Performance - Potential Analysis
6.3. Global AI in Smart Cities Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. AI in Smart Cities Market, Sub Segment Analysis
  6.4.1. Transportation
  6.4.2. Energy
  6.4.3. Security
  6.4.4. Healthcare
  6.4.5. Education
  6.4.6. Others

CHAPTER 7. GLOBAL AI IN SMART CITIES MARKET, BY DEPLOYMENT

7.1. Market Snapshot
7.2. Global AI in Smart Cities Market by Deployment, Performance - Potential Analysis
7.3. Global AI in Smart Cities Market Estimates & Forecasts by Deployment 2020-2030 (USD Billion)
7.4. AI in Smart Cities Market, Sub Segment Analysis
  7.4.1. On-Premise
  7.4.2. Cloud
  7.4.3. Hybrid

CHAPTER 8. GLOBAL AI IN SMART CITIES MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. AI in Smart Cities Market, Regional Market Snapshot
8.4. North America AI in Smart Cities Market
  8.4.1. U.S. AI in Smart Cities Market
    8.4.1.1. Component breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Deployment breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada AI in Smart Cities Market
8.5. Europe AI in Smart Cities Market Snapshot
  8.5.1. U.K. AI in Smart Cities Market
  8.5.2. Germany AI in Smart Cities Market
  8.5.3. France AI in Smart Cities Market
  8.5.4. Spain AI in Smart Cities Market
  8.5.5. Italy AI in Smart Cities Market
  8.5.6. Rest of Europe AI in Smart Cities Market
8.6. Asia-Pacific AI in Smart Cities Market Snapshot
  8.6.1. China AI in Smart Cities Market
  8.6.2. India AI in Smart Cities Market
  8.6.3. Japan AI in Smart Cities Market
  8.6.4. Australia AI in Smart Cities Market
  8.6.5. South Korea AI in Smart Cities Market
  8.6.6. Rest of Asia Pacific AI in Smart Cities Market
8.7. Latin America AI in Smart Cities Market Snapshot
  8.7.1. Brazil AI in Smart Cities Market
  8.7.2. Mexico AI in Smart Cities Market
8.8. Middle East & Africa AI in Smart Cities Market
  8.8.1. Saudi Arabia AI in Smart Cities Market
  8.8.2. South Africa AI in Smart Cities Market
  8.8.3. Rest of Middle East & Africa AI in Smart Cities Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Qualcomm Incorporated
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. International Business Machines Corporation
  9.3.3. Amazon Web Services (AWS)
  9.3.4. Microsoft Corporation
  9.3.5. Google LLC
  9.3.6. ABB Ltd.
  9.3.7. Hitachi Ltd.
  9.3.8. Huawei Technologies Co., Ltd.
  9.3.9. Intel Corporation
  9.3.10. Nvidia

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global AI in Smart Cities Market, report scope
TABLE 2. Global AI in Smart Cities Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global AI in Smart Cities Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4. Global AI in Smart Cities Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global AI in Smart Cities Market estimates & forecasts by Deployment 2020-2030 (USD Billion)
TABLE 6. Global AI in Smart Cities Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global AI in Smart Cities Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global AI in Smart Cities Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global AI in Smart Cities Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global AI in Smart Cities Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global AI in Smart Cities Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global AI in Smart Cities Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global AI in Smart Cities Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global AI in Smart Cities Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global AI in Smart Cities Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia AI in Smart Cities Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA AI in Smart Cities Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global AI in Smart Cities Market
TABLE 71. List of primary sources, used in the study of global AI in Smart Cities Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global AI in Smart Cities Market, research methodology
FIG 2. Global AI in Smart Cities Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global AI in Smart Cities Market, key trends 2022
FIG 5. Global AI in Smart Cities Market, growth prospects 2023-2030
FIG 6. Global AI in Smart Cities Market, porters 5 force model
FIG 7. Global AI in Smart Cities Market, pest analysis
FIG 8. Global AI in Smart Cities Market, value chain analysis
FIG 9. Global AI in Smart Cities Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global AI in Smart Cities Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global AI in Smart Cities Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global AI in Smart Cities Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global AI in Smart Cities Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global AI in Smart Cities Market, regional snapshot 2020 & 2030
FIG 15. North America AI in Smart Cities Market 2020 & 2030 (USD Billion)
FIG 16. Europe AI in Smart Cities Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific AI in Smart Cities Market 2020 & 2030 (USD Billion)
FIG 18. Latin America AI in Smart Cities Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa AI in Smart Cities Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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