Global Smart City Platform Market to reach USD 304.75 billion by 2027

Global Smart City Platform Market Size study, by Offering (Platforms and Services), by Delivery Model (Small and Medium-Sized Enterprises and Large Enterprises), by Application (Smart Transportation, Public Safety, Smart Energy and Utilities, Infrastructure Management and Citizen Engagement) and Regional Forecasts 2020-2027
Product Code:  IACTNGT_73699437
Chapter 1. Executive Summary 
 1.1. Market Snapshot
 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
 1.2.1. Smart City Platform Market, by Region, 2018-2027 (USD Billion)
 1.2.2. Smart City Platform Market, by Offering 2018-2027 (USD Billion)
 1.2.3. Smart City Platform Market, by Delivery Model, 2018-2027 (USD Billion)
 1.2.4. Smart City Platform Market, by Application, 2018-2027 (USD Billion)
 1.3. Key Trends
 1.4. Estimation Methodology
 1.5. Research Assumption
 Chapter 2. Global Smart City Platform Market Definition and Scope 
 2.1. Objective of the Study
 2.2. Market Definition & Scope
 2.2.1. Scope of the Study
 2.2.2. Industry Evolution
 2.3. Years Considered for the Study
 2.4. Currency Conversion Rates
 Chapter 3. Global Smart City Platform Market Dynamics 
 3.1. Smart City Platform Market Impact Analysis (2018-2027)
 3.1.1. Market Drivers
 3.1.2. Market Challenges
 3.1.3. Market Opportunities
 Chapter 4. Global Smart City Platform 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
 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
 4.2. PEST Analysis
 4.2.1. Political 
 4.2.2. Economical
 4.2.3. Social 
 4.2.4. Technological 
 4.3. Investment Adoption Model
 4.4. Analyst Recommendation & Conclusion
 Chapter 5. Global Smart City Platform Market, by Offering 
 5.1. Market Snapshot 
 5.2. Global Smart City Platform Market by Offering Performance - Potential Analysis
 5.3. Global Smart City Platform Market Estimates & Forecasts by Offering2017-2027 (USD Billion)
 5.4. Smart City Platform Market, Sub Segment Analysis
 5.4.1. Platforms
 5.4.2. Services
 Chapter 6. Global Smart City Platform Market, by Delivery Model 
 6.1. Market Snapshot 
 6.2. Global Smart City Platform Market by Delivery Model, Performance - Potential Analysis
 6.3. Global Smart City Platform Market Estimates & Forecasts by Delivery Model 2017-2027 (USD Billion)
 6.4. Smart City Platform Market, Sub Segment Analysis
 6.4.1. Offshore
 6.4.2. Hybrid
 6.4.3. Onsite
 Chapter 7. Global Smart City Platform Market, by Application 
 7.1. Market Snapshot 
 7.2. Global Smart City Platform Market by Application, Performance - Potential Analysis
 7.3. Global Smart City Platform Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
 7.4. Smart City Platform Market, Sub Segment Analysis
 7.4.1. Smart Transportation
 7.4.2. Public Safety
 7.4.3. Smart Energy and Utilities
 7.4.4. Infrastructure Management
 7.4.5. Citizen Engagement
 Chapter 8. Global Smart City Platform Market, Regional Analysis
 8.1. Smart City Platform Market, Regional Market Snapshot 
 8.2. North America Smart City Platform Market U.S. Smart City Platform Market Offeringbreakdown estimates & forecasts, 2017-2027 Delivery Model breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027
 8.2.2. Canada Smart City Platform Market
 8.3. Europe Smart City Platform Market Snapshot
 8.3.1. U.K. Smart City Platform Market 
 8.3.2. Germany Smart City Platform Market
 8.3.3. France Smart City Platform Market
 8.3.4. Spain Smart City Platform Market
 8.3.5. Italy Smart City Platform Market
 8.3.6. Rest of Europe Smart City Platform Market
 8.4. Asia-Pacific Smart City Platform Market Snapshot
 8.4.1. China Smart City Platform Market 
 8.4.2. India Smart City Platform Market 
 8.4.3. Japan Smart City Platform Market
 8.4.4. Australia Smart City Platform Market
 8.4.5. South Korea Smart City Platform Market
 8.4.6. Rest of Asia Pacific Smart City Platform Market
 8.5. Latin America Smart City Platform Market Snapshot
 8.5.1. Brazil Smart City Platform Market
 8.5.2. Mexico Smart City Platform Market
 8.6. Rest of The World Smart City Platform Market
 Chapter 9. Competitive Intelligence
 9.1. Top Market Strategies
 9.2. Company Profiles
 9.2.1. Cisco Systems, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
 9.2.2. International Business Machines Corporation
 9.2.3. Siemens AG
 9.2.4. Hitachi, Ltd.
 9.2.5. Microsoft Corporation 
 9.2.6. Schneider Electric
 9.2.7. Huawei Technologies Co., Ltd. 
 9.2.8. Intel Corporation 
 9.2.9. NEC Corporation
 9.2.10. Amazon Web Services (AWS)
 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

anticipated to grow with a healthy growth rate of more than 11.93% over the forecast period 2020-2027. Smart city platforms can be defined as a framework for sensing, communications, integration, and intelligent decision-making. These platforms are extensively utilizing in a range of industrial applications since provide easy access to the general public by offering easy-to-use online services. Nowadays, smart city initiative comprises of systems such as security and access control systems, building automation systems, water treatment and supply, emergency management systems, intelligent grid, smart lighting system, renewable power, transportation and others. Smart city platform resides at enterprise level which perform functions such as performance management, analytics, remote asset monitoring, decision support and/or presentation components. It further includes data management, application enablement, visualization, cybersecurity, network management, reporting, simulation, device management and many others. Thus, the platform boosts interoperability between different sectors, to promote innovation and allow citizens to gain advantages from intelligent surroundings. Moreover, the rising preference for platforms over standalone solutions, increase in urban population actuating smart management and digital transformation will drive the market growth. Also, increasing adoption of IoT technology for infrastructure management and city monitoring and digital transformations driving smart cities, resulting in the higher demand for smart city platform market. According to Statista, the global technology spending on smart city initiative was USD 81 billion in 2018 and is estimated to rise by USD 189.5 billion in 2023. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: in November 2019, Quantela Inc. and Cisco launched an outcome-based project financing for smart city projects. These finance model includes operations of Cisco Kinetic for Cities (CKC) Platform combined with Quantela’s Atlantis Intelligence Solution for smart city project. Whereas, complicated and costly infrastructure of smart city platforms is the major factor restraining the growth of global Smart City Platform market during the forecast period.

The regional analysis of global Smart City Platform market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the rising demand for high-speed networks and growing adoption rate of smart technologies in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Cisco Systems, Inc.
International Business Machines Corporation
Siemens AG
Hitachi, Ltd.
Microsoft Corporation
Schneider Electric
Huawei Technologies Co., Ltd.
Intel Corporation
NEC Corporation
Amazon Web Services (AWS)
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 eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available 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 Offering:
By Delivery Model:

By Application:
Smart Transportation
Public Safety
Smart Energy and Utilities
Infrastructure Management
Citizen Engagement
By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Smart City Platform Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

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