Smart City ICT Infrastructure Market

IoT technology enables city planners to gain insights into different aspect of city management by enabling different devices to interconnect. It helps to manage large complex environments, understand the state of the city, and collaborate with different departments to produce cumulative results. There are a number of initiatives by IT and communication service providers. These increasing initiatives are increasing the popularity of the smart city concept across the globe.
Smart City ICT Infrastructure Market contains market size and forecasts of Smart City ICT Infrastructure in Global, including the following market information:
Global Smart City ICT Infrastructure Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Smart City ICT Infrastructure market was valued at 993850 million in 2021 and is projected to reach US$ 3236880 million by 2028, at a CAGR of 18.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Smart Grid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Smart City ICT Infrastructure include Cisco, IBM, Oracle, Huawei, AT&T, China Mobile, NTT Communications, Verizon Communications and Vodafone, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Smart City ICT Infrastructure companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart City ICT Infrastructure Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Smart City ICT Infrastructure Market Segment Percentages, by Type, 2021 (%)
Smart Grid
Smart Building
Smart Water Network
Smart Healthcare
Smart Education
Smart Security
Smart Transport
Global Smart City ICT Infrastructure Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Smart City ICT Infrastructure Market Segment Percentages, by Application, 2021 (%)
Communications
Transportation
Express
Government
Education
Others
Global Smart City ICT Infrastructure Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Smart City ICT Infrastructure Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Smart City ICT Infrastructure revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Smart City ICT Infrastructure revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cisco
IBM
Oracle
Huawei
AT&T
China Mobile
NTT Communications
Verizon Communications
Vodafone
ABB
Hitachi
Honeywell
Siemens
Nokia(Alcatel-Lucent)
Deutsche Telekom
Ericsson
HP
Microsoft
Schneider Electric
Telefonica