Smart Cities: Market Research Report

January 2019 | 330 pages | ID: S00CA35F758EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Smart Cities in US$ Million by the following End-Use Segments: Industry Automation, Power Supply, Security, Education, Buildings & Homes, and Others.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2015 through 2024. Market data and analytics are derived from primary and secondary research.

Company profiles are primarily based on public domain information including company URLs. The report profiles 88 companies including many key and niche players such as -

• ABB Ltd.
• AGT International
• Cisco Systems, Inc.
• Current
• Engie
• Ericsson

Contents

1. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

2. INDUSTRY OVERVIEW

Smart Cities: The Only Sustainable Way to Accommodate 7+ Billion People on Earth

Table 1. With Population Bursting at its Seams, Smart Cities Emerge as the Future of Sustainable Ecofriendly Living: Global Population (In 000s) by Region for the Years 2018, 2025, 2035 & 2045 (includes corresponding Graph/Chart)

Expanding Ecological Footprint of Humans Beyond the Earth’s Capacity to Regenerate, Throws the Spotlight on Smart Cities: Depleting World Natural Resources of Water (As Measured by Declining Per Capita Water Availability) and Coal (As Measured by Proved Resources)

Table 2. Global Per Capita Availability of Water by Geographic Region (In Cubic Meters) for the Years 1990, 2018 and 2025 (includes corresponding Graph/Chart)

Table 3. With World Energy Demand Outstripping the Increase in Coal Reserves, Sustainable Use of Energy by Cities Storms into the Spotlight: Global Coal Reserves (in Billion Metric Tons) and Electricity Consumption (In TWh) for the Years 2010, 2014 and 2018 (includes corresponding Graph/Chart)

Increasingly Congested Cities Lay the Foundation for the Creation of Planned Urban Spaces
Rapid Urbanization: A Key Factor Underlying Congested Cities

Table 4. Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1990, 2018 & 2050 (includes corresponding Graph/Chart)

Resource Constraints & Environmental Consciousness Foster Smart City Development

Table 5. Resource Constraints & Pollution Concerns Confronting Cities Worldwide - Breakdown of Water Consumption Per Capita, Carbon Dioxide Emissions Per Capita and Waste Volume Per Capita by Geographic Region (includes corresponding Graph/Chart)

Developing Regions Emerge as Test Beds for Smart Cities Initiatives
Smart Buildings & Homes to Drive Long-Term Growth in the Smart Cities Market
Challenges Confronting Development of Smart City Programs
Quick Review of Market Structure

3. MARKET TRENDS & ISSUES

Growing Environmental Footprint of Cities Shifts Focus onto Smart Cities

Table 6. Suffocating Cities in Developing Countries as Measured by their PM2.5 & the Urgent Need for Remediation to Fuel Adoption of Smart City Technologies: Top Cities in the Developing World with the Highest PM2.5 (Micrograms Per Cubic Meter) for the Year 2017 (includes corresponding Graph/Chart)

Funding Support: Vital for Smart Cities Initiatives
Shift Towards Open Governance Model Fuels Interest in Smart Cities
A Review of ICT Technologies Enabling Smart Cities
Broadband Networks
Internet of Things (IoT)
Smart Devices
Cloud Computing
Big Data Analytics
Artificial Intelligence
Facial Recognition
Geographic Information System (GIS)
IoT Lies at the Heart of the Connected Self-Aware Environment Epitomized by Smart Cities
IoT Implementations in Smart Homes & Buildings

Table 7. Connected Things in Smart Cities (2015 through 2019): Installed Base (in Million) by Segment (includes corresponding Graph/Chart)

Growing Prominence of Sensor Technology in Smart Cities
Rising Significance of Smart City as a Service
Unified Smart City Platforms Allow Big Data to Become a Reality
Transformative Role of AI Technologies in Smart Cities Optimizes Urban Services

Table 8. Developments in AI Paves the Way for Increase Use of AI Intelligence in Smart Cities: World Market for AI-based Hardware, Software and Services (In US$ Million) by Technology for the Years 2018, 2022 and 2024 (includes corresponding Graph/Chart)

Big Data Drives the Smart Cities Movement and Data Analytics Enhances Smart City Services
Edge and Fog Computing Facilitate Real-time Analytics with Low Bandwidth Consumption
Advances in Technology and Innovative Financing Solutions Facilitate Development of Smart City Initiatives
Communication Networks Hold Significance for Smart Connected Cities
Wi-Fi Networks Vital for Smart Cities Projects
Mesh Networks for Smart Cities
Open Data to Provide Long-Term Business Opportunities
Government Policies – Critical for Fostering Smart City Technology Developments
E-Government: Imperative for Transforming Cities into Smart Cities
A Review of Smart City Initiatives Implemented Worldwide

4. GOING FROM IDEA TO REALITY: A PEEK INTO HOW CITIES ARE GETTING SMARTER

Smart Industry Concepts Take Encouraging Steps Forward
Provision of Smart Municipal & Utility Services Gains Momentum
Smart Grids Vital for Smart Energy Distribution

Table 9. Strong Spending On Smart Grids Strengthens Smart Energy Infrastructure Vital for the Success of Larger Smart City Plans: Global Spending On Smart Grids by Geographic Region (In US$ Billion) for the Years 2016, 2018 and 2022 (includes corresponding Graph/Chart)

Smart Metering: Vital for Efficient Energy Use & Consumption Control in Smart Cities

Table 10. Widespread Installation of Smart Electricity Meters to Fuel the Success Rate of Smart City Projects by Improving Customer Service & Encouraging Proactive Management of Energy Usage: Global Smart Electricity Meters Market (In US$ Billion) for the Years 2018, 2022 and 2024 (includes corresponding Graph/Chart)

Spiraling Adoption of Smart Water Meters in Cities Worldwide

Table 11. Surging Penetration of Smart Water Meters & Smart Gas Solutions Helps in the Provision of Smart Utility Services Resulting in the Creation of Smart Outcomes for Citizens& Communities: World Market for Smart Water Meters (In US$ 000) by Geographic Region for the Years 2018, 2022 and 2024 (includes corresponding Graph/Chart)

Demand Responsive Energy Management: Indispensable for a Low Carbon Smart City Footprint

Table 12. Growing Investments in Demand Response Enables Closer Consumer Engagement in Competitive & Smart City Energy Markets: Global Spending On Demand Response Management Systems (DRMS) (In US$ Billion) for the Years 2018, 2022 and 2024 & 2025 (includes corresponding Graph/Chart)

Security in Smart Cities Receives Undivided Focus
Video Surveillance Plays an Important Role in Public Safety in Smart Cities
Advanced Analytics for Surveillance Systems
Smart Buildings & Homes Receive Fair Share of Development Focus
Intelligent Buildings Vital for Constructing a Smart City

Table 13. Indicative of the Rapid Progress Towards Intelligent Buildings is the Strong 124% Growth in the BEMS Market: World Market for Building Energy Management Systems (BEMS) (In US$ Million) by Market Segment for the Years 2018, 2022 & 2024 (includes corresponding Graph/Chart)

Consumer Spending on Smart Home Technologies Gathers Steam…

Table 14. Growing Number of Smart Homes Catalyzes the Creation of Smart Cities: Global Smart Homes Market (In US$ Billion) for the Years 2018, 2020 & 2022 (includes corresponding Graph/Chart)

Table 15. Rise in the Number of Networked Homes, A Key Driving Force for CIoT: Worldwide Penetration of Households with Home Networks (In %) for the Years 2015 & 2020 (includes corresponding Graph/Chart)

Table 16. Growing Investments in Home Automation Technologies Provides a Fertile Ground for the Growth of CIoT: Global Sales of Home Automation Products (In US$ Million) for the Years 2017 & 2020 by Geographic Region (includes corresponding Graph/Chart)

Table 17. Growing Adoption of Connected Home Equipment Supported by Expanding Digital Lifescape to Benefit Growth of Smart Homes: Global Shipments of Connected Home Devices by Type (In Million Units) for the Years 2015, 2017 and 2020 (includes corresponding Graph/Chart)

Smart & Connected Lighting Systems Make Cities Smarter, Safer & Help Governments Turn Infrastructure Liabilities into Assets
Deployment of LED & Smart Streetlights Grows in Cities

Table 18. Focus on Energy Efficient Smart Cities to Trigger Over 208% Projected Growth in Smart Lighting Technologies: World Market for Smart Lighting (In US$ Billion) for the Years 2018, 2022 and 2024 (includes corresponding Graph/Chart)

Smart Digital Education Lies at the Heart of the Smart Cities Concept

Table 19. Deemed as Vital for the Creation of Smart Communities & Cities, the Need to Groom Smart People & Citizens to Drive Robust Demand for Mobile Learning Products & Services: World Market for Mobile Learning (In US$ Billion) by Geographic Region for the Years 2016, 2018 and 2022 (includes corresponding Graph/Chart)

Smart Healthcare: A Vital Part of the Smart Cities Ecosystem

Table 20. Robust Market for mHealth Solutions to Aid in the Creation of Smart Cities: World Market for mHealth Solutions (In US$ Billion) by Geographic Region for the Years 2018, 2020 and 2023 (includes corresponding Graph/Chart)

Smart Mobility & Intelligent Transportation Secures a Fair Share of Government Funding

Table 21. The Unprecedented Rise of Connected Cars as the Future of Driving to Benefit the Development of Smart Cities: Global Number of Connected Cars Shipped (In 000 Units) for the Years 2017, 2019 and 2022 (includes corresponding Graph/Chart)

Market Outlook

5. SMART CITIES – A CONCEPTUAL OVERVIEW

Smart Cities – A Definition
Smart City Projects – A Look at Business Models
Smart City Technologies
Data Generation
Data Distribution
Data Aggregation
Data Analysis
Applications
End-Use Segments
Smart Energy
Smart Buildings
Smart Mobility
Smart Technology
Smart Healthcare
Smart Infrastructure
Smart Governance & Smart Education
Smart Security
Smart Citizens
Smart Cities - A Review of Technologies & Applications in Major End-Use Industries
Major Indicators for Assessment of Smart City Outcomes

6. COMPETITIVE LANDSCAPE

6.1 Focus on Select Players
ABB Ltd. (Switzerland)
AGT International (Switzerland)
Cisco Systems, Inc. (USA)
Current (USA)
Engie (France)
Ericsson (Sweden)
Hitachi, Ltd. (Japan)
Honeywell International, Inc. (USA)
Huawei Technologies Co., Ltd (China)
IBM Corporation (USA)
Intel Corporation (USA)
Itron, Inc. (USA)
Johnson Controls International plc (Ireland)
Libelium Comunicaciones Distribuidas S. L (Spain)
Microsoft Corporation (USA)
Nokia Corporation (Finland)
Oracle Corporation (USA)
Panasonic Corporation (Japan)
Schneider Electric SA (France)
Siemens AG (Germany)
Spatial Labs, Inc. (USA)
Telensa Limited (UK)
Urbiotica (Spain)
Verizon Communications, Inc. (USA)
Worldsensing SL (Spain)
6.2 Product/Service Innovations/Introductions
Honeywell Launches NAVITAS Software Suite
SWIM. AI Announces Smart City and IoT Solutions
Cisco Launches New Smart City Lighting System
Lucesco Lighting Set up SMART LED Lighting Business
Nokia Launches Set of Services and IoT for Smart Cities
6.3 Recent Industry Activity
The city of Portland Partners with Intel, AT&T, GE, and Portland General Electric
Mastercard Partners with Microsoft on Smart City Pilot
Hitachi Designs Smart City Services for One Bangkok
ABB Wins a Contract from Mälarenergi to Develop Smart City Solutions
Teradata Partners with Cisco for Improving Digital Solutions
Cisco Enters into Partnership with AT&T for Smart Cities Solutions
The City of Dallas Selected Ericsson to Install and Host ATMS
Huawei Signs MoU with Duisburg for Smart City Development
Itron Acquires Silver Spring Networks
Huawei to Join NVIDIA'S AI Smart Cities Platform
Huawei Signs Agreement with Milton Keynes for Smart City Concepts
JPS Announces Operation of Smart LED Streetlights
ABB to Provide Wireless Network Connectivity in South Africa
Huawei Partners with Honeywell to Introduce Smart Building Offerings
Philips Lighting and Ericsson Launches Philips lightpole Site Slim Smart Pole
Itron Partners with Wasion to Expand OpenWay Riva Ecosystem
SensorInsight Enters into Partnership with Sigfox
AGT International Enters into Partnership with Cellcom for Smart-City Concept
Cisco Partners with CH2M for Smart City Solutions

7. GLOBAL MARKET PERSPECTIVE

Table 22. World Recent Past, Current and Future Analysis for Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 23. World 10-Year Perspective for Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

By End-Use Segment

Table 24. World Recent Past, Current and Future Analysis for Industry Automation in Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 25. World 10-Year Perspective for Industry Automation in Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 26. World Recent Past, Current and Future Analysis for Power Supply in Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 27. World 10-Year Perspective for Power Supply in Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 28. World Recent Past, Current and Future Analysis for Security in Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 29. World 10-Year Perspective for Security in Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 30. World Recent Past, Current and Future Analysis for Education in Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 31. World 10-Year Perspective for Education in Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 32. World Recent Past, Current and Future Analysis for Buildings & Homes in Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 33. World 10-Year Perspective for Buildings & Homes in Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 34. World Recent Past, Current and Future Analysis for Other End-Uses in Smart Cities by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 35. World 10-Year Perspective for Other End-Uses in Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8. REGIONAL MARKET PERSPECTIVE

8.1 The United States
A. Market Analysis
Current and Future Analysis
US Lags Behind Europe in Smart Cities Projects
B. Market Analytics

Table 36. US Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 37. US 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8.2 Canada
Market Analysis

Table 38. Canadian Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 39. Canadian 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8.3 Japan
A. Market Analysis
Current and Future Analysis
Market Overview
B. Market Analytics

Table 40. Japanese Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 41. Japanese 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8.4 Europe
A. Market Analysis
Current and Future Analysis
Market Overview
FIWARE – An Open Platform for Smart Cities
B. Market Analytics

Table 42. European Recent Past, Current and Future Analysis for Smart Cities by Geographic Region/ Country - France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 43. European 10-Year Perspective for Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for France, Germany, Italy, UK, Spain, Russia, and Rest of Europe Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 44. European Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 45. European 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8.5 Asia-Pacific
A. Market Analysis
Current and Future Analysis
Market Overview
B. Market Analytics

Table 46. Asia-Pacific Recent Past, Current and Future Analysis for Smart Cities by Geographic Region/ Country - China, India, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 47. Asia-Pacific 10-Year Perspective for Smart Cities by Geographic Region/Country - Percentage Breakdown of Revenues for China, India, and Rest of Asia-Pacific Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

Table 48. Asia-Pacific Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 49. Asia-Pacific 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8.6 Middle East & Africa
A. Market Analysis
Current and Future Analysis
Middle East: Huge Opportunity for Smart City Developments
UAE Focuses on Developing Connected, Smart Cities
Planned Roll-out of IoT Network to Aid Smart City Transformation in the UAE
Rising Power Demand Propels Growth in Smart Power Metering Technologies
B. Market Analytics

Table 50. Middle East & Africa Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 51. Middle East & Africa 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

8.7 Latin America
A. Market Analysis
Market Overview

Table 52. Major Megacities in Latin America by 2025 (includes corresponding Graph/Chart)

B. Market Analytics

Table 53. Latin America Recent Past, Current and Future Analysis for Smart Cities by End-Use Segment - Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets Independently Analyzed with Annual Revenue Figures in US$ Million for Years 2015 through 2024 (includes corresponding Graph/Chart)

Table 54. Latin America 10-Year Perspective for Smart Cities by End-Use Segment - Percentage Breakdown of Revenues for Industry Automation, Power Supply, Security, Education, Buildings & Homes and Others Markets for Years 2015, 2018 & 2024 (includes corresponding Graph/Chart)

9. COMPANY PROFILES

Total Companies Profiled: 88 (including Divisions/Subsidiaries - 96)
The United States (38)
Canada (2)
Japan (2)
Europe (38)
  France (7)
  Germany (5)
  The United Kingdom (3)
  Italy (1)
  Spain (6)
  Rest of Europe (16)
Asia-Pacific (Excluding Japan) (13)
Middle East (3)