Market Research Reports

Smart Cities Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

88pages
Published Date: 2014-05-22
 

Description


Smart cities are developed urban areas designed with a perspective of creating high quality of life and sustainable economic development by through advancement in several key sectors including technology, economy, environment, mobility, people, and government. The concept of smart cities is aimed to offer a set of infrastructure and new generation services with the support of Information and Communication Technologies (ICT). Globally, there has been rapid growth in urbanization; however, unplanned urbanization is leading to several constraints to sustainable growth. This is leading to demand for planned urbanization. The growth in urban areas is increasing due to better infrastructure, healthcare, the quality of knowledge communication and social infrastructure. The global smart cities market has observed significant growth in the past few years and is expected to continue growing at a significant rate. Some of the factors supporting the growth of smart cities include increasing rural to urban migration, energy consciousness, need for green infrastructure, and time savings among others. 

The primary focus of smart city projects is on improving energy efficiency and reducing the dependence on non-renewable resources for fuel. Smart cities offer enhanced public safety and security by detecting problems early on. Between 2015 and 2050, the number of people living in cities is expected to grow from around 3.6 billion to around 6.3 billion. A majority of this growth is expected to be in developing countries including India, China, Korea, and others. Many of the world’s major cities including New York, Seoul, Tokyo, Cairo, Shanghai, Amsterdam, Singapore, Dubai, and others have embarked on the smart city projects. Continuous rise in the number of people migrating to urban areas is resulting in overpopulation in modern cities, thus, causing social, political, environmental and energy instability. 

This has created the need to incorporate a smart city concept to address all the arising challenges, by implementing modern infrastructure, enabling smart and intelligent solutions and technologies. As a result, the demand for smarter cities is expected to remain high in the coming years. The prospective growth of smart cities is attracting vendors throughout the value chain to invest in this sector. The problems and challenges faced by the countries globally include increasing congestion, rising pollution levels, migration of people from rural to urban areas, scarcity of resources, and increasing incidence of accidents among others in the metropolitan areas.

The report provides thorough analysis of the global smart cities market with respect to market size and forecast for the period 2013 – 2019. The study covers regional and technological trends that are affecting the dynamics of this market. In-depth analysis of the major segments of smart cities and forecast for each segment is explained in detail. The global smart cities market is segmented by end-user applications and major geographies. The segment analysis identifies key opportunities for each application in global as well as regional markets. Porter’s five forces analysis helps industry players understand the degree of competition and formulate their respective strategies. 

The report profiles key industry players in the global smart cities market and highlights the key strategies adopted by them. In addition, this study covers recent developments in the smart cities market. This helps both new entrants and established players to develop their short- and long-term strategies. The report is expected to help suppliers, manufacturers, system integrators, policy-makers and the other key players to identify key opportunities in this industry. 

The report assists in better understanding of the market with the help of various highlights on the competitive situation across different levels of the Porter’s five forces analysis. Overall, the report provides detailed analysis of the global smart cities market, along with the forecast in terms of revenue (USD billion) for all the segments from 2013 to 2019.

The global smart cities market is segmented into end user application segments and geographical markets as:

Smart Cities Market, by End User Application Type 
  • Smart homes
  • Smart buildings
  • Smart energy management
  • Smart industrial automation
  • Smart healthcare
  • Smart transportation
  • Smart security
  • Others (smart education, smart water management, so on)
Smart Cities Market, by Geography
  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Table of Contents


Table of Content

Chapter 1 Preface
1.1 Report description
1.2 Research scope
1.3 Research methodology

Chapter 2 Executive Summary
2.1 Smart cities market snapshot

Chapter 3 Smart Cities Market Overview
3.1 Introduction
3.2 Market dynamics
      3.1.1 Drivers
               3.1.1.1 Increase in migration from rural to urban areas
               3.1.1.2 Energy consciousness
               3.1.1.3 Green infrastructure
      3.1.2 Restraints
               3.1.2.1 Lack of stakeholder engagement
               3.1.2.2 Security concerns
      3.1.3 Opportunities
               3.1.3.1 Electronic waste management
               3.1.3.2 Driverless cars
               3.1.3.3 Wearable or implanted computer devices
3.3 Porter’s five forces analysis
      3.2.1 Bargaining power of suppliers
      3.2.2 Bargaining power of buyers
      3.2.3 Threat of substitutes
      3.2.4 Threat of new entrants
      3.2.5 Degree of competition
3.4 Recent trends
3.5 Market attractiveness analysis
3.6 Competitive landscape

Chapter 4 Smart Cities Market Size and Forecast, By Applications 2013 – 2019
4.1 Introduction
4.2 Smart homes
4.3 Smart buildings
4.4 Smart healthcare
4.5 Industrial Automation
4.6 Smart security
4.7 Smart energy management
4.8 Others (smart education, smart water management, so on)

Chapter 5 Smart Cities Market Size and Forecast, By Geography 2013 – 2019
5.1 Introduction
5.2 North America
      5.2.1 North America smart cities market size and forecast, by type 2011 – 2019 (USD billion)
5.3 Europe
      5.3.1 Europe smart cities market size and forecast, by type 2011 – 2019 (USD billion)
5.4 Asia-Pacific
      5.4.1 Asia Pacific smart cities market size and forecast, by type 2011 – 2019 (USD billion)
5.5 Rest of the World (Middle East, Africa, and Latin America)
      5.5.1 RoW smart cities market size and forecast, by type 2011 – 2019 (USD billion)

Chapter 6 Company Profiles
6.1 ABB Ltd.
      6.1.1 Company overview
      6.1.2 Financial overview
      6.1.3 Business strategy
      6.1.4 SWOT analysis
      6.1.5 Recent developments
6.2 Accenture PLC
      6.2.1 Company overview
      6.2.2 Financial overview
      6.2.3 Business strategy
      6.2.4 SWOT analysis
      6.2.5 Recent developments
6.3 Siemens AG.
      6.3.1 Company overview
      6.3.2 Financial overview
      6.3.3 Business strategy
      6.3.4 SWOT analysis
      6.3.5 Recent developments
6.4 Alstom S.A.
      6.4.1 Company overview
      6.4.2 Business strategy
      6.4.3 SWOT analysis
      6.4.4 Recent developments
6.5 Alcatel-Lucent SA.
      6.5.1 Company overview
      6.5.2 Financial overview
      6.5.3 Business strategy
      6.5.4 SWOT analysis
      6.5.5 Recent developments
6.6 Cisco Systems Inc.
      6.6.1 Company overview
      6.6.2 Financial overview
      6.6.3 Business strategy
      6.6.4 SWOT analysis
      6.6.5 Recent developments
6.7 Dassault Systemes S.A.
      6.7.1 Company overview
      6.7.2 Financial overview
      6.7.3 Business strategy
      6.7.4 SWOT analysis
      6.7.5 Recent developments
6.8 Telefonaktiebolaget L. M. Ericsson
      6.8.1 Company overview
      6.8.2 Financial overview
      6.8.3 Business strategy
      6.8.4 SWOT analysis
      6.8.5 Recent developments
6.9 Honeywell International Inc.
      6.9.1 Company overview
      6.9.2 Financial overview
      6.9.3 Business strategy
      6.9.4 SWOT analysis
      6.9.5 Recent developments
6.10 General Electric Company
        6.10.1 Company overview
        6.10.2 Financial overview
        6.10.3 Business strategy
        6.10.4 SWOT analysis
        6.10.5 Recent developments
6.11 International Business Machines Corporation (IBM)
        6.11.1 Company overview
        6.11.2 Financial overview
        6.11.3 Business strategy
        6.11.4 SWOT analysis
        6.11.5 Recent developments
6.12 Hitachi Ltd.
        6.12.1 Company overview
        6.12.2 Financial overview
        6.12.3 Business strategy
        6.12.4 SWOT analysis
        6.12.5 Recent developments
6.13 Intel Corporation
        6.13.1 Company overview
        6.13.2 Financial overview
        6.13.3 Business strategy
        6.13.4 SWOT analysis
        6.13.5 Recent developments
6.14 Oracle Corporation
        6.14.1 Company overview
        6.14.2 Financial overview
        6.14.3 Business strategies
        6.14.4 Recent developments

List of Figures 

FIG. 1 Market segmentation: Global smart cities market
FIG. 2 Porters five forces analysis for smart cities market
FIG. 3 Market attractiveness analysis of smart cities market, by end user application, 2012
FIG. 4 Global smart cities market share, by type, 2012 & 2019 (value %)
FIG. 13 Global smart cities market shares, by geography 2012 & 2019 (value %)
FIG. 14 North America smart cities market size and forecast, 2011 - 2019 (USD billion)
FIG. 15 Europe smart cities market size and forecast, 2011 - 2019 (USD billion)
FIG. 16 Asia Pacific smart cities market size and forecast, 2011 - 2019 (USD billion)
FIG. 17 RoW smart cities market size and forecast, 2011 - 2019 (USD billion)
FIG. 18 ABB Ltd. annual revenue, 2010 - 2012 (USD million)
FIG. 19 Accenture PLC annual revenue, 2010 - 2012 (USD million)
FIG. 20 Siemens AG annual revenue, 2010 - 2012 (USD million)
FIG. 21 Alcatel-Lucent SA. annual revenue, 2010 - 2012 (USD million)
FIG. 22 Cisco Systems Inc. annual revenue, 2010 - 2012 (USD million)
FIG. 23 Dassault Systemes SA. annual revenue, 2010 - 2012 (USD million)
FIG. 24 Telefonaktiebolaget L. M. Ericsson annual revenue, 2010 - 2012 (USD billion)
FIG. 25 Honeywell International Inc. annual revenue, 2010 - 2013 (USD million)
FIG. 26 General Electric annual revenue, 2010 – 2012 (USD billion)
FIG. 27 IBM Corp. annual revenue, 2010 - 2012 (USD million)
FIG. 28 Hitachi Ltd. annual revenue, 2010 - 2012 (USD million)
FIG. 29 IBM Corp. annual revenue, 2010 - 2012 (USD billion)
FIG. 30 Oracle Corporation  annual revenue, 2010 – 2013 (USD million)

List of Tables

TABLE 1 Snapshot for global smart cities market (2012 & 2019)
TABLE 2 Major players in smart cities market, (2012)
TABLE 3 North America smart cities market size and forecast, by type 2011 – 2019 (USD billion)
TABLE 4 Europe smart cities market size and forecast, by type 2011 – 2019 (USD billion)
TABLE 5 Asia Pacific smart cities market size and forecast, by type 2011 – 2019 (USD billion)
TABLE 6 RoW smart cities market size and forecast, by type 2011 – 2019 (USD billion)

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Free Market Analysis


The rapid growth in population in the urban areas due to migration from rural areas is creating infrastructural challenges for municipalities and governments, globally. As the urban population is growing rapidly, the limited natural resources would be insufficient to meet the daily needs and wants of the people across the globe. Hence, it has become important to switch to alternative resources to fulfill the needs of continuously growing urban population and look for energy efficient methods to meet energy conservation. This has resulted in the emergence of smart cities concept. On the basis of this motive, the revolution of cities is required to address the economic, engineering, environmental and social challenges. The global market for smart cities was valued at USD 506.78 billion in 2012 and is projected to grow at a CAGR of 14.0% during the forecast period from 2013 to 2019.

global-smart-cities-market
A city is referred to as ‘smart’ when it covers the aspects of smart homes, smart buildings, intelligent transportation, energy management, and security and sustainability among others, which are the ideal options for authorities and decision makers. Smart cities offer a set of infrastructure and new generation services with the support of Information and Communication Technologies (ICT). The concept helps the environment by reducing the amount of CO2 emissions. It aids people by saving the energy cost, making optimum utilization of natural resources effectively and efficiently. The smart cities concept also helps people in maintaining their information and data safely. There are technologies embedded with features that help identify problems at a very early stage, and subsequently improve the safety and security of people living in the cities.

The smart cities market is driven by various factors which include increase in migration from rural to urban areas, rising energy consciousness and a shift towards green infrastructure. With more number of people shifting to urban areas, there is increased pressure on urban infrastructure networks. This creates the need for the smart city concept which focuses on reduced use of natural resources and improved energy efficiency. However, lack of stakeholder engagement and security concerns are some factors that may inhibit market growth.

On the basis of applications, the smart cities market is segmented into smart homes, smart buildings, smart energy management, smart industrial automation, smart healthcare, smart transportation, smart security, and others. The others segment includes smart education, water and waste water management. Among the application segments, smart transportation was the largest segment that accounted for 15.9% share of the total smart cities market in 2012. In addition, the market is segmented on the basis of geographical regions as North America, Europe, Asia-Pacific and RoW. The North American region held the highest share of 34.5% in 2012 in the global smart cities market.

Some of the major players in the smart cities market are Siemens AG, ABB Ltd., Accenture PLC., Alstom S.A., Alcatel-Lucent S.A., Cisco System Inc., Dassault Systems S.A., Ericsson Inc., Honeywell International Inc., General Electric, International Business Machines Corporation, Hitachi Ltd., Intel Corporation and Oracle Corporation. 

 

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