1. Market Research
  2. > Construction
  3. > Urban Development Market Trends
  4. > Smart City

Smart Cities: Latest Market Trends and Statistics

  • Currently 0/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
0 vote

Smart cities

Smart cities are relatively new in the urban development jargon and can be defined as technologically-advanced urban regions. A smart city leverages existing and new infrastructure and technologies to develop and deploy services such as libraries, schools, hospitals, water and waste management. A primary feature is using sensors to collect real-time data on the use of services. Strong human capital, social capital, and advanced information and communications technologies are required to build a smart city.

The goal of the smart city applications is to improve city services and transform urban areas. A smart city creates sustainable economic development and a high quality of life by excelling in key areas like the economy, mobility, the environment, day-to-day living and government.

The global smart cities market is forecast to reach $1,134billion over the next few years.

Key vendors in the smart cities market include Honeywell, IBM, Oracle, Accenture and Cisco.

Key Segments

The key segments of the smart home market are smart buildings, security, infrastructure, governance and healthcare.

Smart buildings — This segment consists of green, energy efficient and intelligent buildings with advanced automated infrastructures that control and manage aspects such as lighting and temperature, security and energy consumption independently or with minimal human intervention.

Smart security — Technology and solutions such as video surveillance, public safety long term evolution, and managed security services that are designed to protect people, property, and information are included in this segment.

Smart infrastructure — This segment includes intelligent and automated systems that manage and communicate with different types of infrastructure, such as water, energy and transportation.For instance, smart transportation enables intelligent mobility through the use of innovative integrated technologies and solutions such as low emission cars and multimodal transport systems.

Smart governance — Government policies and digital services which help and support the adoption of green and intelligent solutions through incentives, subsidies or other promotions are core elements of smart cities.

Smart healthcare — eHealth and mHealth systems for health monitoring and diagnostics, together with intelligent and connected medical devices, compose the smart healthcare segment. It also involves the implementation of policies that encourage the health, wellness, and wellbeing of citizens.

Regional Market Shares

North America, Europe and Asia are the major regions for smart city development.

North America is the global pioneer in smart city development. Stringent government regulations to reduce carbon emissions are one reason for the growth of the smart city market in this region. Due to increases in the development of the transportation sector and water infrastructure, this key regional market is expected to increase by more than 10% annually over the next few years.

Read more »

24/7 Customer Support

Talk to Sam

+1 646 893 5945

1-10 of about 300 reports

Global Smart City Overview

  • January 2017
    9 pages
  • Smart City  

  • World  


View report >

Smart City Industry in Europe and the US

  • March 2017
    23 pages
  • Smart City  

  • Europe  

    United States  

View report >

Smart City Industry in Europe

  • January 2017
    8 pages
  • Smart City  

  • Europe  


View report >

Smart City Industry in Asia - Forecast

  • January 2015
    8 pages
  • Smart City  

  • Asia  



View report >

Smart City Industry in India and Japan

  • October 2015
    10 pages
  • Urban Developme...  

    Smart City  

  • India  



View report >

Smart City Forecast in France

  • January 2016
    7 pages
  • Smart City  

  • France  


View report >

Smart City Industry in Italy and Europe

  • September 2016
    32 pages
  • Smart City  

    Internet Of Thi...  

  • Italy  


View report >

The future of the Smart City Industry in the UK

  • June 2017
    6 pages
  • United Kingdom  


View report >

Smart City Industry in India

  • September 2017
    6 pages
  • Smart City  

  • India  

View report >

The future of the Smart City Industry in China

  • August 2017
    9 pages
  • Smart City  

  • China  



View report >

Search in Smart City Industry (About 300 reports)
Parent industry: Urban Development
Related industries: 

About 100 reports

Purchase Reports From Reputable Market Research Publishers
(From $ 350 - $ 5549)

Smart Cities Market by Focus Areas, Transportation (Types, Solutions, Services), Utilities (Types, Solutions, Services), Buildings (Types, Solutions, Services), Citizen Services (Types), and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • July 2017
  • by MarketsandMarkets

“Rapid connectivity & fast telecommunication provision and growing population & hyper-urbanization are the major driving factors for the smart cities market” The smart cities market size is projected ...

Latin America Internet Of Things Ecosystem And Trends C ...

August 2016 $ 5682

Revenue Opportunities For Towercos And Mnos Now And In ...

January 2017 $ 4999

Smart City Pulse

September 2016 $ 4950

Smart Cities Market Analysis By Application (smart Ener ...

May 2016 $ 4950

Us Smart Cities--awareness And Assessment 

April 2016 $ 4950

Global Market Study On Smart Cities: Increasing Awarene ...

January 2017 $ 4900

Smart City Market To 2025 - Global Analysis And Forecas ...

May 2017 $ 4550

Global Smart Cities Market Analysis & Trends - Industry ...

August 2017 $ 4200

Idc Planscape: Distributed Ledger (blockchain) Technolo ...

March 2017 $ 4500

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.