IoT in Smart Cities Market


Posted April 2, 2021 by snehalaxel

Internet of Things (IoT) and 5G are important enablers for smart cities.

 
Internet of Things (IoT) and 5G are important enablers for smart cities. Asia Pacific smart cities IoT market will grow by 24.0% annually with a total addressable market cap of $1,693.9 billion over 2020-2030 owing to emerging technological advancements and increasing number of government initiatives for smart cities.
Highlighted with 33 tables and 57 figures, this 123-page report “IoT in Smart Cities: Asia Pacific Market 2020-2030 by Offering (Hardware, Software, Services), Product Type, Technology, Application (Citizen Service, Transportation, Utilities, Home & Building), and Country” is based on a holistic research of the entire Asia Pacific smart cities IoT market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.
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In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific smart cities IoT market in every aspect of the classification from perspectives of Offering, Product Type, Technology, Application, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
Hardware
Software
Services
• Professional Services
• Managed Services
Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Remote Monitoring
• Network & Application Security
• Data Management
• Real-Time Streaming Analytics
• Network Management
• Network Security
• Other Product Types
Based on Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
• Satellite Network
• Cellular Network
• Radio Frequency Identification
• Near Field Communication
• Wi-Fi
Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
Smart Transportation
Smart Utilities
Smart Home & Building
Smart Citizen Service
• Smart Education
• Smart Healthcare
• Emergency Response System
• Public Safety System
• Assisted Living Solution
• Other Citizen Services
Environmental Monitoring
Other Applications
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
Rest of APAC
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Offering, Product Type, and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Asia Pacific smart cities IoT market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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Key Players
• Bosch Software Innovation Gmbh
• Cisco Systems, Inc.
• Hitachi Ltd
• Honeywell International Inc.
• Huawei Technologies Co., Ltd
• IBM Corporation
• Intel Corporation
• Quantela
• Sap Se
• Schneider Electric Software, LLC
• Siemens AG
• Sierra Wireless
• Tech Mahindra

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Categories Automotive , Electronics
Tags forcast , grouth , market , share , size
Last Updated April 2, 2021