Report ID: SQMIG45A2355
Smart City Platform Market Size, Share, Growth Analysis, By Offering(Platforms (Connectivity Management Platforms, Integration Platforms, Device Management Platforms, Data Management Platforms), By Delivery Model(Offshore, Hybrid, and Onshore), By Application(Smart Transportation, Public Safety, Smart Energy & Utility, Infrastructure Management), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2355 |
Region:
Global |
Published Date: November, 2024
Pages:
196
|
Tables:
92 |
Figures:
74
Smart City Platform Market Insights
Global Smart City Platform Market size was valued at USD 190.2 billion in 2022 and is poised to grow from USD 207.13 billion in 2023 to USD 409.7 billion by 2031, growing at a CAGR of 8.90% during the forecast period (2024-2031).
Smart city platforms offer means of communication and participation for citizens and governments. Increasing establishment of new smart cities around the world and growing efforts of governments to build new smart cities are forecasted to bolster the demand for smart city platforms over the coming years. Rapid urbanization and population growth are also responsible for the growing adoption of smart city platforms worldwide. High investments in smart city initiatives from the public, as well as private sectors, are also slated to benefit smart city platform market growth over the coming years. However, data and privacy concerns regarding data are estimated to impede the global smart city platform market development potential in the future. North America is predicted to dominate the global smart city platform marketplace with the United States leading the demand for smart city platforms over the coming years.
Smart City Platform Market Report Snapshots
Want to customize this report?
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATION
USA (+1) 351-333-4748
