Global Smart Cities IT Services Market 2015-2019

Global Smart Cities IT Services Market 2015-2019

  • November 2015 •
  • 80 pages •
  • Report ID: 4339213 •
  • Format: PDF
About smart cities IT services
The rapid growth in urban population is placing a great demand on cities’ infrastructure that deliver basic amenities such as transportation, healthcare, resident's safety, and education. To provide sustainable development, the urban authorities are transforming their way of functioning. The advances in digital technology and M2M technology led to the development of smart grid, smart water management systems, smart transport systems, and smart building systems. All of these verticals form a smart city, which is a framework to support the vision of various governments, IT players, network providers, product providers, and managed service providers.
Smart city project transforms the existing infrastructure of a city into a smart infrastructure. It happens in stages where the first stage includes the development of network infrastructure. This stage is followed by content and communication, where broadband Internet access and video on demand are established over a single network to enable smart homes, smart hotels, and smart businesses. The third stage includes building of intelligent infrastructures (environment management systems, mobility, smart building, smart grid, and smart transport systems). In the final stage, e-services and applications are introduced for information sharing in different verticals such as healthcare, remote medical care, education, and transport.
The development of smart cities cannot happen without the collaborative efforts of policy makers, IT players, and network service providers. IT players play an important role in acting as a system integrator of different applications in the smart city. The deployment of cloud-based solutions is gaining traction among city planners because of its scalability and OPEX model. This has provided business opportunities to IT players as there will be huge demand for integrating applications running on the cloud with on premise applications.

Technavio's analysts forecast the global smart cities IT services market to grow at a CAGR of 18.56% over the period 2014-2019.
Covered in this report
This report covers the present scenario and the growth prospects of the global smart cities IT services market for 2015-2019. To calculate the market size, the report considers revenue generated from IT services such as consulting and system integration among others. In this report, the market is geographically segmented into the Americas, EMEA, and APAC.
The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the global smart cities IT services market. In addition, it discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends emerging in the market
Key regions
- Americas
- APAC
- EMEA

Key vendors
- Accenture
- Cisco
- Ericsson
- IBM
- Oracle
Other prominent vendors
- Alstom
- Arup
- Hitachi
- HP
- Huawei
- Infosys
- Lockheed Martin
- Microsoft
- NTT Data
- Siemens
- Wipro
Market driver
- Rapid growth in urbanization
- For a full, detailed list, view our report
Market challenge
- Issues pertaining to cyber security
- For a full, detailed list, view our report
Market trend
- Rise of data analytics
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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