The North America Smart City Platforms Market would witness market growth of 13.2% CAGR during the forecast period (2021-2027).
By adopting IoT, solutions, and other technologies, a smart city platform offers the integrating capability to completely renovate urban infrastructure and services. In addition, it is also helpful in coordinating applications, data, and services at one or more levels across operational areas for various stakeholders. Many innovations have been driven by the technologies like big data analytics, computing, and IoT by incorporating the internet across the day-to-day activities of human beings. As a result, technology is playing a pivotal role in streamlining and enhancing human life. Ongoing developments in the domain of artificial intelligence would bring new advanced technologies, which are anticipated to substantially enhance human lives.
Factors such as massive adoption of smart cities solutions, huge ICT investment among government organizations, and growing demand for connected solutions are acting as growth catalysts for the regional market. The region is currently dominating with respect to adopting smart city platforms. IoT Smart Cities’ technology allows the advanced intelligence and flexibility required to assist cities to utilize resources more effectively and enhance every aspect such as air & water quality, and energy, transportation, and communication systems. In addition, governments operating in the different cities of the United States are willing to heavily invest to enhance their infrastructure and harness the complete advantages of the IoT.
Moreover, the presence of the key market players like Microsoft, Cisco Systems, IBM, and GE Current in the region is likely to create new growth avenues for the regional market. Further, the rising penetration of the internet is also instrumental in complementing the concept of the smart city platforms, as they allow IoT connections that play a key role in smart city platforms. Giga Wire, an innovation technology by KT was deployed in the United States.
Following the footprints of New York City, Las Vegas has adopted Digital Twin technology with an aim to achieve zero carbon emissions. Following this, Las Vegas is expected to harness the potential of sophisticated 5G networking, IoT, and others to enhance air quality, mobility, noise pollution, water management, and emissions from major buildings.
The US market dominated the North America Smart City Platforms Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $66.02 billion by 2027. The Canada market is anticipated to grow at a CAGR of 15.8% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 14.7% during (2021 - 2027).
Based on the Offering, the Smart City Platforms Market is segregated into Platforms (Connectivity Management Platform, Integration Platform, Device Management Platform, Security Platform, and Data Management Platform) and Services (Integration & Deployment, Advisory Consulting, and Support Maintenance). Based on the Delivery Model, the Smart City Platform Market is divided into hybrid, offshore, and onshore. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Smart City Platforms Market is Estimated to Reach USD 248.60 billion by 2027 at a CAGR of 14.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Schneider Electric SE, Siemens AG, Microsoft Corporation, Amazon.com, Inc., Intel Corporation, Hitachi, Ltd., NEC Corporation, and Huawei Technologies Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Offering
- Platforms
- Connectivity Management Platform
- Integration Platform
- Device Management Platform
- Security Platform
- Data Management Platform
- Services
- Integration & Deployment
- Advisory Consulting
- Support Maintenance
By Delivery Model
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Schneider Electric SE
- Siemens AG
- Microsoft Corporation
- Amazon.com, Inc.
- Intel Corporation
- Hitachi, Ltd.
- NEC Corporation
- Huawei Technologies Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Smart City Platforms Market, by Offering
1.4.2 North America Smart City Platforms Market, by Delivery Model
1.4.3 North America Smart City Platforms Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Apr – 2021, Nov) Leading Players
Chapter 4. North America Smart City Platforms Market by Offering
4.1 North America Platforms Market by Country
4.2 North America Smart City Platforms Market by Platforms Type
4.2.1 North America Device Management Platform Market by Country
4.2.2 North America Security Platform Market by Country
4.2.3 North America Data Management Platform Market by Country
4.2.4 North America Integration Platform Market by Country
4.2.5 North America Connectivity Management Platform Market by Country
4.3 North America Services Market by Country
4.4 North America Smart City Platforms Market by Services Type
4.4.1 North America Integration & Deployment Market by Country
4.4.2 North America Advisory & Consulting Market by Country
4.4.3 North America Support & Maintenance Market by Country
Chapter 5. North America Smart City Platforms Market by Delivery Model
5.1 North America Hybrid Market by Country
5.2 North America Offshore Market by Country
5.3 North America Onshore Market by Country
Chapter 6. North America Smart City Platforms Market by Country
6.1 US Smart City Platforms Market
6.1.1 US Smart City Platforms Market by Offering
6.1.1.1 US Smart City Platforms Market by Platforms Type
6.1.1.2 US Smart City Platforms Market by Services Type
6.1.2 US Smart City Platforms Market by Delivery Model
6.2 Canada Smart City Platforms Market
6.2.1 Canada Smart City Platforms Market by Offering
6.2.1.1 Canada Smart City Platforms Market by Platforms Type
6.2.1.2 Canada Smart City Platforms Market by Services Type
6.2.2 Canada Smart City Platforms Market by Delivery Model
6.3 Mexico Smart City Platforms Market
6.3.1 Mexico Smart City Platforms Market by Offering
6.3.1.1 Mexico Smart City Platforms Market by Platforms Type
6.3.1.2 Mexico Smart City Platforms Market by Services Type
6.3.2 Mexico Smart City Platforms Market by Delivery Model
6.4 Rest of North America Smart City Platforms Market
6.4.1 Rest of North America Smart City Platforms Market by Offering
6.4.1.1 Rest of North America Smart City Platforms Market by Platforms Type
6.4.1.2 Rest of North America Smart City Platforms Market by Services Type
6.4.2 Rest of North America Smart City Platforms Market by Delivery Model
Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreement:
7.1.5.2 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 Oracle Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreement:
7.2.6 SWOT Analysis
7.3 Schneider Electric SE
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental And Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Partnerships, Collaborations, and Agreement:
7.3.5.2 Acquisitions and Mergers:
7.3.5.3 Product Launches and Product Expansion:
7.3.6 SWOT Analysis
7.4 Siemens AG
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.5.2 Acquisitions and Mergers:
7.4.6 SWOT Analysis
7.5 Microsoft Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Acquisitions and Mergers:
7.5.6 SWOT Analysis
7.6 Amazon.com, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Recent strategies and developments:
7.6.4.1 Partnerships, Collaborations, and Agreements:
7.6.5 SWOT Analysis
7.7 Intel Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 Recent Strategies and Developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Acquisitions and Mergers:
7.7.6 SWOT Analysis
7.8 Hitachi, Ltd.
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent Strategies and Developments:
7.8.5.1 Partnerships, Collaborations, and Agreements:
7.8.5.2 Acquisitions and Mergers:
7.9 NEC Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Acquisition and Mergers:
7.9.5.3 Product Launches and Product Expansions:
7.9.6 SWOT Analysis
7.10. Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
7.10.5.2 Product Launches and Product Expansions:
TABLE 1 North America Smart City Platforms Market, 2017 - 2020, USD Million
TABLE 2 North America Smart City Platforms Market, 2021 - 2027, USD Million
TABLE 1 Partnerships, Collaborations and Agreements– Smart City Platforms Market
TABLE 2 Product Launches And Product Expansions– Smart City Platforms Market
TABLE 3 Acquisition and Mergers– Smart City Platforms Market
TABLE 4 North America Smart City Platforms Market by Offering, 2017 - 2020, USD Million
TABLE 5 North America Smart City Platforms Market by Offering, 2021 - 2027, USD Million
TABLE 6 North America Platforms Market by Country, 2017 - 2020, USD Million
TABLE 7 North America Platforms Market by Country, 2021 - 2027, USD Million
TABLE 8 North America Smart City Platforms Market by Platforms Type, 2017 - 2020, USD Million
TABLE 9 North America Smart City Platforms Market by Platforms Type, 2021 - 2027, USD Million
TABLE 10 North America Device Management Platform Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Device Management Platform Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Security Platform Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Security Platform Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Data Management Platform Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Data Management Platform Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Integration Platform Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Integration Platform Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Connectivity Management Platform Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Connectivity Management Platform Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Smart City Platforms Market by Services Type, 2017 - 2020, USD Million
TABLE 23 North America Smart City Platforms Market by Services Type, 2021 - 2027, USD Million
TABLE 24 North America Integration & Deployment Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Integration & Deployment Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Advisory & Consulting Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Advisory & Consulting Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Support & Maintenance Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Support & Maintenance Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Smart City Platforms Market by Delivery Model, 2017 - 2020, USD Million
TABLE 31 North America Smart City Platforms Market by Delivery Model, 2021 - 2027, USD Million
TABLE 32 North America Hybrid Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Hybrid Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Offshore Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Offshore Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Connectivity Management Platform Smart City Platforms Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Connectivity Management Platform Smart City Platforms Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Smart City Platforms Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Smart City Platforms Market by Country, 2021 - 2027, USD Million
TABLE 40 US Smart City Platforms Market, 2017 - 2020, USD Million
TABLE 41 US Smart City Platforms Market, 2021 - 2027, USD Million
TABLE 42 US Smart City Platforms Market by Offering, 2017 - 2020, USD Million
TABLE 43 US Smart City Platforms Market by Offering, 2021 - 2027, USD Million
TABLE 44 US Smart City Platforms Market by Platforms Type, 2017 - 2020, USD Million
TABLE 45 US Smart City Platforms Market by Platforms Type, 2021 - 2027, USD Million
TABLE 46 US Smart City Platforms Market by Services Type, 2017 - 2020, USD Million
TABLE 47 US Smart City Platforms Market by Services Type, 2021 - 2027, USD Million
TABLE 48 US Smart City Platforms Market by Delivery Model, 2017 - 2020, USD Million
TABLE 49 US Smart City Platforms Market by Delivery Model, 2021 - 2027, USD Million
TABLE 50 Canada Smart City Platforms Market, 2017 - 2020, USD Million
TABLE 51 Canada Smart City Platforms Market, 2021 - 2027, USD Million
TABLE 52 Canada Smart City Platforms Market by Offering, 2017 - 2020, USD Million
TABLE 53 Canada Smart City Platforms Market by Offering, 2021 - 2027, USD Million
TABLE 54 Canada Smart City Platforms Market by Platforms Type, 2017 - 2020, USD Million
TABLE 55 Canada Smart City Platforms Market by Platforms Type, 2021 - 2027, USD Million
TABLE 56 Canada Smart City Platforms Market by Services Type, 2017 - 2020, USD Million
TABLE 57 Canada Smart City Platforms Market by Services Type, 2021 - 2027, USD Million
TABLE 58 Canada Smart City Platforms Market by Delivery Model, 2017 - 2020, USD Million
TABLE 59 Canada Smart City Platforms Market by Delivery Model, 2021 - 2027, USD Million
TABLE 60 Mexico Smart City Platforms Market, 2017 - 2020, USD Million
TABLE 61 Mexico Smart City Platforms Market, 2021 - 2027, USD Million
TABLE 62 Mexico Smart City Platforms Market by Offering, 2017 - 2020, USD Million
TABLE 63 Mexico Smart City Platforms Market by Offering, 2021 - 2027, USD Million
TABLE 64 Mexico Smart City Platforms Market by Platforms Type, 2017 - 2020, USD Million
TABLE 65 Mexico Smart City Platforms Market by Platforms Type, 2021 - 2027, USD Million
TABLE 66 Mexico Smart City Platforms Market by Services Type, 2017 - 2020, USD Million
TABLE 67 Mexico Smart City Platforms Market by Services Type, 2021 - 2027, USD Million
TABLE 68 Mexico Smart City Platforms Market by Delivery Model, 2017 - 2020, USD Million
TABLE 69 Mexico Smart City Platforms Market by Delivery Model, 2021 - 2027, USD Million
TABLE 70 Rest of North America Smart City Platforms Market, 2017 - 2020, USD Million
TABLE 71 Rest of North America Smart City Platforms Market, 2021 - 2027, USD Million
TABLE 72 Rest of North America Smart City Platforms Market by Offering, 2017 - 2020, USD Million
TABLE 73 Rest of North America Smart City Platforms Market by Offering, 2021 - 2027, USD Million
TABLE 74 Rest of North America Smart City Platforms Market by Platforms Type, 2017 - 2020, USD Million
TABLE 75 Rest of North America Smart City Platforms Market by Platforms Type, 2021 - 2027, USD Million
TABLE 76 Rest of North America Smart City Platforms Market by Services Type, 2017 - 2020, USD Million
TABLE 77 Rest of North America Smart City Platforms Market by Services Type, 2021 - 2027, USD Million
TABLE 78 Rest of North America Smart City Platforms Market by Delivery Model, 2017 - 2020, USD Million
TABLE 79 Rest of North America Smart City Platforms Market by Delivery Model, 2021 - 2027, USD Million
TABLE 80 Key information – IBM Corporation
TABLE 81 Key Information – Oracle Corporation
TABLE 82 Key information – Schneider Electric SE
TABLE 83 Key Information – Siemens AG
TABLE 84 key information – Microsoft Corporation
TABLE 85 Key Information – Amazon.com, Inc.
TABLE 86 Key Information – Intel Corporation
TABLE 87 Key Information – Hitachi, Ltd.
TABLE 88 key information – NEC Corporation
TABLE 89 key information – Huawei Technologies Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 1 KBV Cardinal Matrix
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (Partnerships, Collaborations, and Agreements: 2017, Apr– 2021,Nov) Leading Players
FIG 4 Recent strategies and developments: IBM Corporation
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 Recent strategies and developments: Schneider Electric SE
FIG 8 Swot analysis: Schneider Electric SE
FIG 9 Recent strategies and developments: Siemens AG
FIG 10 Swot analysis: Siemens AG
FIG 11 Recent strategies and developments: Microsoft Corporation
FIG 12 SWOT Analysis: Microsoft Corporation
FIG 13 SWOT analysis: Amazon.com, Inc.
FIG 14 Recent Strategies and Developments: Intel Corporation
FIG 15 SWOT analysis: Intel corporation
FIG 16 Recent Strategies and Developments: Hitachi, Ltd.
FIG 17 Recent strategies and developments: NEC Corporation
FIG 18 SWOT Analysis: NEC Corporation
FIG 19 Recent strategies and developments: Huawei Technologies Co., Ltd.