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

Smart Cities: Latest Market Trends and Statistics

  • Currently 5/5 Stars.
  • 1
  • 2
  • 3
  • 4
  • 5
1 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 the US

  • October 2017
    27 pages
  • Smart City  

  • United States  

    United Kingdom  


View report >

Smart City Industry in Europe

  • November 2017
    18 pages
  • Smart City  

  • Europe  

View report >

Smart City Markets in China and Asia - Forecast

  • January 2017
    36 pages
  • Smart City  

  • China  



View report >

Smart City Markets in Asia and Japan

  • January 2017
    20 pages
  • Smart City  

  • Asia  



View report >

Smart City Industry in France

  • January 2016
    6 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 Statistics in Canada

  • January 2017
    16 pages
  • Smart City  

  • Canada  



View report >

Smart City Industry in India

  • September 2017
    6 pages
  • Smart City  

  • India  

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 - $ 6000)

Global Smart City Market 2016-2020

Smart City Sector: Worldwide Forecast until 2020

  • $ 2500
  • Industry report
  • September 2016
  • by Infiniti Research Limited

About Smart CityA smart city uses ICT, including mobile networks, to improve the quality of livelihood in a sustainable way. A smart city combines and shares disparate comprehensive data sets captured ...

Smart City ICT Infrastructure Sector: Worldwide Forecas ... $ 3500 September 2017

Smart Cities in Asia-Pacific: Smart City Initiatives Ga ... $ 1195 November 2017

Smart Cities in Latin America: Smart Grids and Big Data ... $ 1195 April 2017

Smart Cities Market: Global Forecast until 2022 $ 5650 July 2017

IoT in Europe: Market opportunities and main applicatio ... $ 1195 July 2017

Smart City Perspective By Key Regions $ 6000 October 2017

Revenue opportunities for towercos and MNOs now and in ... $ 4999 January 2017

Smart City Pulse $ 4950 September 2016

Technologies Impacting the Future of Smart Cities $ 4950 September 2017

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