IoT in Smart Cities Market 2021: Global Industry Overview By Size, Share, for Rapid Growth by 2028

Posted March 25, 2021 by MarnieSerrano

IoT in Smart Cities Market Outlook to 2028 Emerging Trends and Will Generate New Growth Opportunities Status

"The IOT in smart cities market report describes the scenario of competition among industry players and provides a detailed look at the market of the future for aspiring and emerging industry players. The top key players in IOT in smart cities market are IBM, Cisco, Intel, Huawei, Microsoft, Tech Mahindra, Siemens, Bosch, PTC., Schneider Electric, ARM, Quantela, Hitachi & Moreover."

The global IoT in smart cities market size is projected to reach nearly USD 385.7 billion by 2028. Besides, it is projected to gather a CAGR of above 15% over the forecast years 2018-2028.

Analytics-based Administration in Agile Smart Cities Architecture Fuels IoT Integration

Smart cities are being aggressively planned and built to set at ease complex functionalities related to municipality operations and overall administration within cities for maximum dwelling ease. Cities across matured economies are increasingly incorporating smart city infrastructure to fast-track efficient decision making for longer sustainability backed by business analytics.

Advances smart city architecture is directing large scale reliance on IoT applications for seamless enablement. Attributes such as smart utilities, smart transportation, smart homes and the like are being efficiently maneuvered by IoT integration, thus cementing sustainable growth in global IoT in smart cities market.

Get Sample Copy of IoT in smart cities market Report at:

Smart city infrastructure is a highly agile affair with ample scope for high-speed networking, cloud integration. As IoT remains the backbone of smart cities architecture, end-user investments towards IoT device ownership is growing manifold, furthering growth in global IoT in smart cities market.

Emerging Nations Across APAC to Serve Ideal Growth Hotspots amidst Digital Transformation

Rapid digital transformation seeping into emerging nations across APAC is a significant torch bearer for growth capitalization of IoT in smart cities infrastructure. Digital transformation is offering quick fillip towards cementing sustainability in smart cities development backed by IoT adoption. IoT based smart cities development is growing as interests in low carbon-based model townships are being preferred. IoT based city administration is gaining mainstream as administrative bodies are relying on smart data generation to support environmental sustainability as urban population is rising at alarming rates. Rapidly growing urban population requires sophisticated administrative approaches for improved outcome. Factors as such are nurturing faster deployment of IoT in smart cities architecture.

Access full Report Description, TOC, Table of Figure, Chart, etc. @

The major players of the global IoT in the smart cities market are IBM, Cisco, Intel, Huawei, Microsoft, Tech Mahindra, Siemens, Bosch, and PTC. Moreover, the market comprises several other prominent players in the IoT in the Smart Cities market that are Schneider Electric, ARM, Quantela, and Hitachi. The IoT in the smart cities market consists of well-established global as well as local players. Besides, the previously recognized market players are coming up with new and advanced strategic solutions and services to stay competitive in the global market.

Segment Overview of Global IoT in smart cities Market

Offering Overview, 2018-2028 (USD Million)


Solution Overview, 2018-2028 (USD Million)

Remote Monitoring
Real-Time Location System
Network Management
Data Management
Reporting and Analytics

Service Overview, 2018-2028 (USD Million)

Professional Services
Managed Services

Application Overview, 2018-2028 (USD Million)

Smart Transportation
Smart Building
Smart Utilities
Smart Citizen Services

Regional Overview, 2018-2028 (USD Million) 

North America
Rest of Europe
Asia Pacific
Rest of Asia-Pacific
Middle East and Africa
South Africa
Rest of Middle East and Africa
South America
Rest of South America

If you have any questions on this report, please reach out to us @

What does the report include?

The study on the global IoT in smart cities market includes qualitative factors such as drivers, restraints, and opportunities
The study covers the competitive landscape of existing/prospective players in the IoT in Smart Cities industry and their strategic initiatives for the product development
The study covers a qualitative and quantitative analysis of the market segmented based on solution, service, and industry vertical. Moreover, the study provides similar information for the key geographies.
Actual market sizes and forecasts have been provided for all the above-mentioned segments.

Who should buy this report?

This study is suitable for industry participants and stakeholders in the global IoT in the smart cities market. The report will benefit every stakeholder involved in the IoT in the smart cities market.
Managers within the IoT in the smart cities industry looking to publish recent and forecasted statistics about the global IoT in the smart cities market.
Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global IoT in the smart cities market.
Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.

Direct Purchase this report @

Major Points from Table of Contents:

Chapter 1    Introduction

                    1.1    Introduction to the Study

                    1.2    Market Definition and Scope

                    1.3    Units, Currency, Conversions and Years Considered

                    1.4    Key Stakeholders

                    1.5    Key Questions Answered

Chapter 2    Research Methodology

                    2.1    Introduction

                    2.2    Data Capture Sources

                            2.2.1    Primary Sources

                            2.2.2    Secondary Sources

                    2.3    Market Size Estimation

                    2.4    Market Forecast

                    2.5    Data Triangulation

                    2.6    Assumptions and Limitations

Chapter 3    Executive Summary

Chapter 4    Market Outlook

                    4.1    Introduction

                    4.2    Value Chain Analysis

                    4.3    Market Dynamics

                            4.3.1    Drivers

                           Growing number of government programmes

                           Growing acceptance of connected and smart technology

                            4.3.2    Restraints

                           Lack of innovations in communications technologies


                    4.4    Porter’s Five Forces Analysis

                    4.5    PEST Analysis

                    4.6.    Regulatory Landscape

                    4.7       COVID-19 Impact Analysis

Chapter 5    IoT in Smart Cities Market by Offering

                    5.1    Introduction

                            5.1.1    Solutions

                            5.1.2    Services

Chapter 6    IoT in Smart Cities Market by Solutions

                    6.1    Introduction   

                            6.1.1    Remote Monitoring   

                            6.1.2    Real-Time Location System    

                            6.1.3    Network Management    

                            6.1.4    Security   

                            6.1.5    Data Management   

                            6.1.6    Reporting and Analytics   

Chapter 7    IoT in Smart Cities Market by Services

                    7.1    Introduction

                            7.1.1    Professional Services

                            7.1.2    Managed Services


About Us:

Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

Contact Us:

Ryan Johnson

Account Manager Global

3131 McKinney Ave Ste 600, Dallas,

TX75204, U.S.A.

Phone No.: USA: +1 972-362 -8199/ +91 9665341414
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Adroit Market Research
Country India
Categories Business , Software , Technology
Last Updated March 25, 2021