Global Smart City Platform Market Growth, Report Analysis 2024-2032

Comments · 21 Views

The global smart city platform market size reached US$ 30.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 345.8 Billion by 2032, exhibiting a growth rate (CAGR) of 29.9% during 2024-2032.

IMARC Group, a leading market research company, has recently releases report titled “Smart City Platform Market Report by Platform Type (Connectivity Management Platform, Integration Platform, Device Management Platform, Data Management Platform, Security Management Platform), Deployment Mode (On-premises, Cloud-based), Application (Smart Mobility/Transportation, Smart Security, Smart Utilities, Smart Governance, Smart Infrastructure, Smart Healthcare, and Others), and Region 2024-2032”, Offers a comprehensive analysis of the industry, which comprises insights on the "https://www.imarcgroup.com/smart-city-platform-market" rel="nofollow">global smart city platform market.

How Big is the Smart City Platform Market?

The global smart city platform market size reached US$ 30.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 345.8 Billion by 2032, exhibiting a growth rate (CAGR) of 29.9% during 2024-2032.

Industry Overview of Smart City Platform

A smart city platform is a technological infrastructure that plays an essential role in the transformation of urban areas into intelligent, efficient, and sustainable hubs. It serves as the digital nerve center that integrates various data sources and systems to enhance the quality of life. It enables cities to collect and analyze data from numerous sources, such as sensors, the Internet of Things (IoT) devices, and public services, to make informed decisions and enhance overall operational efficiency. It provides a unified framework for city management and facilitates services, such as traffic management, waste management, energy optimization, and public safety. As it assists in reducing resource consumption and enhancing the well-being of the citizens, the demand for smart city platforms is increasing across the globe.

For an in-depth analysis, you can refer sample copy of the report: "https://www.imarcgroup.com/smart-city-platform-market/requestsample" rel="nofollow">https://www.imarcgroup.com/smart-city-platform-market/requestsample

What are the growth prospects and trends in the smart city platform industry?

At present, the rising need for urban development and resource optimization represents one of the major factors driving the market positively. In addition, the increasing adoption of smart city platforms, as they enhance public transportation systems and reduce congestion, is contributing to the growth of the market.

Moreover, the growing demand for efficient urban mobility solutions is offering a favorable market outlook. Besides this, the increasing awareness about environmental sustainability is impelling the growth of the market.

Furthermore, the emergence of fifth generation (5G) technology worldwide is bolstering the growth of the market.

Leading Companies Operating in the Global Smart City Platform Industry:

  • Amazon Web Services Inc. (Amazon.com Inc.)
  • Cisco Systems Inc.
  • Hitachi Ltd.
  • Huawei Technologies Co. Ltd.
  • Intel Corporation
  • International Business Machines Corporation
  • Microsoft Corporation
  • NEC Corporation (ATT Inc.)
  • Oracle Corporation
  • SAP SE
  • Siemens AG
  • Telefonaktiebolaget LM Ericsson

Smart City Platform Market Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Platform Type:

  • Connectivity Management Platform
  • Integration Platform
  • Device Management Platform
  • Data Management Platform
  • Security Management Platform

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based

Breakup by Application:

  • Smart Mobility/Transportation
  • Smart Security
  • Smart Utilities
  • Smart Governance
  • Smart Infrastructure
  • Smart Healthcare
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

Comments