1. Market Research
  2. > Construction
  3. > Urban Development Market Trends

Smart Cities Market Forecast and Analysis: By Solutions (Smart Transportation, Smart Building, Smart Energy, Smart ICT, Energy and Environment); Geography (Americas, Europe, APAC) - Forecast (2015 - 2020)

  • January 2015
  • 170 pages
  • Industry ARC
Report ID: 3493515

Summary

Table of Contents

The smart cities utilize communication and information technologies to provide better future and to improve the lifestyle of its citizens. The major sectors which directly compliment smart cities include transportation, energy, healthcare, education and governance,environment, buildings and infrastructure and IT and communications.
The increasing demand for sustainable infrastructure and ecological balance, this market is set to witness huge surge in coming years.Moreover, the rising demand for smart cities is due to increasing migration from the rural areas into new urban areas all around the world.
Smart transportation segment is estimated to occupy major share of global smart cities market, due to rising demands for solutions such as traffic management, anticollision, parking management, passenger information and more. Additionally, the rising norms and regulations of government over the environmental issues to restrain the pollution have fueled the global smart cities market.
North America is estimated to hold major share in global smart cities market due to highest urban percentage and presence of majority of stakeholders. The rising investment in smart city projects in APAC and MEA regions, makes them grow at a rapid pace in coming years. Europe region also holds considerable share of global smart cities market. The global smart cities market is estimated to grow at a CAGR of 20.5% during the forecast period to reach $595.4 billion by 2016.
Smart transportation segment is estimated to occupy major share of global smart cities market, due to rising demands for solutions such as traffic management, anti-collision, parking management, passenger information and more. This segment held a major share in 2014 with recorded revenue of$45 billion. During the forecast period, it is estimated to grow at a CAGR of 18% to reach $121.5 billion by 2020.

Please note: this report requires certain updates. We have all the information available but require 2 working days business days to complete the process and ensure it is as up-to-date as possible.


Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Amrita helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Future of GCC, Forecast to 2025

  • $ 7000
  • Industry report
  • June 2017
  • by Frost & Sullivan

The Growth Story of the Oil-Dependent Region through Economic Diversification and Socio-Political Reforms Over the last 50 years, there has been unparalleled economic growth among the oil-rich Gulf Cooperation ...

Parking Management Solution Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • June 2017
  • by Transparency Market Research

Global Parking Management Solution Market: Overview Parking management solution are a set of hardware designed and manufactured to manage parking space in a particular location. It consists of monochrome ...

Smart Governments Market by Solution, Service, Deployment, and Region - Global Forecast to 2022

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

Growing data from multiple sources allowing the government agencies to process them for digital transformation is expected to drive the growth of the smart governments market. The smart governments market ...

Smart Cities Funding Models

July 2017 $ 4950

ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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