Table of Content


"1    INTRODUCTION    43
1.1    INTRODUCTION TO COVID-19    43
FIGURE 1    COVID-19: THE GLOBAL PROPAGATION    43
FIGURE 2    COVID-19 PROPAGATION: SELECT COUNTRIES    44
1.2    COVID-19 ECONOMIC ASSESSMENT    45
FIGURE 3    REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020    45
1.2.1    COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT    46
FIGURE 4    CRITERIA IMPACTING THE GLOBAL ECONOMY    46
FIGURE 5    SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY    47
1.3    OBJECTIVES OF THE STUDY    48
1.4    MARKET DEFINITION    48
1.4.1    INCLUSIONS AND EXCLUSIONS    49
1.5    MARKET SCOPE    49
1.5.1    MARKET SEGMENTATION    50
1.5.2    REGIONAL SCOPE    50
1.5.3    YEARS CONSIDERED    51
1.6    CURRENCY CONSIDERED    51
TABLE 1    USD EXCHANGE RATES, 2018–2020    51
1.7    STAKEHOLDERS    52
1.8    SUMMARY OF CHANGES    52
2    RESEARCH METHODOLOGY    53
2.1    RESEARCH DATA    53
FIGURE 6    IOT IN SMART CITIES MARKET: RESEARCH DESIGN    53
2.1.1    SECONDARY DATA    54
2.1.2    PRIMARY DATA    54
TABLE 2    PRIMARY INTERVIEWS    54
2.1.2.1    Breakup of primaries    55
2.1.2.2    Key industry insights    56
2.2    MARKET BREAKUP AND DATA TRIANGULATION    57
2.3    MARKET SIZE ESTIMATION    58
FIGURE 7    MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 1 (SUPPLY-SIDE): REVENUE OF OFFERINGS IN THE IOT IN SMART CITIES MARKET    58
FIGURE 8    MARKET SIZE ESTIMATION METHODOLOGY-APPROACH 2 (SUPPLY-SIDE): COLLECTIVE REVENUE OF ALL THE OFFERINGS IN THE IOT IN
SMART CITIES MARKET    58
FIGURE 9    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND-SIDE): IOT IN SMART CITIES MARKET    59
2.4    MARKET FORECAST    60
TABLE 3    FACTOR ANALYSIS    60
2.5    RESEARCH ASSUMPTIONS AND LIMITATIONS    61
2.5.1    STUDY ASSUMPTIONS    61
2.5.2    LIMITATIONS OF THE STUDY    62
3    EXECUTIVE SUMMARY    63
FIGURE 10    IOT IN SMART CITIES MARKET, 2019–2026 (USD BILLION)    64
FIGURE 11    LARGEST SEGMENTS IN THE IOT IN SMART CITIES MARKET SHARE IN 2021    65
FIGURE 12    IOT IN SMART CITIES MARKET: REGIONAL SNAPSHOT    66
FIGURE 13    ASIA PACIFIC TO BE THE BEST MARKET TO INVEST BETWEEN 2021 AND 2026    66
4    PREMIUM INSIGHTS    67
4.1    ATTRACTIVE OPPORTUNITIES IN THE IOT IN SMART CITIES MARKET    67
FIGURE 14    INCREASING SMART CITY INITIATIVES TO DRIVE MARKET GROWTH
DURING THE FORECAST PERIOD    67
4.2    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY KEY OFFERINGS AND
TOP 3 APPLICATIONS    68
FIGURE 15    SOLUTIONS AND SMART CITIZEN SERVICES SEGMENTS ESTIMATED TO ACCOUNT FOR A LARGER SHARE IN NORTH AMERICA IN 2021    68
4.3    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY KEY SERVICES AND TOP 3 SOLUTIONS    68
FIGURE 16    PROFESSIONAL SERVICES AND REMOTE MONITORING SEGMENTS ESTIMATED TO ACCOUNT FOR A LARGER SHARE IN ASIA PACIFIC IN 2021    68
5    MARKET OVERVIEW AND INDUSTRY TRENDS    69
5.1    INTRODUCTION    69
5.2    MARKET DYNAMICS    69
FIGURE 17    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES:
IOT IN SMART CITIES MARKET    70
5.2.1    DRIVERS    70
5.2.1.1    Increasing number of government initiatives and PPP models
for smart cities    70
5.2.1.2    IoT to bring improvements to the communication infrastructure    71
5.2.1.3    Exponential rise in urban population actuating smart management    71
FIGURE 18    GLOBAL URBAN POPULATION GROWTH, 2016–2020    72
5.2.1.4    Rising adoption of connected and smart technologies in
smart cities initiatives    72
FIGURE 19    EMERGING TECHNOLOGY ADOPTION IN DIGITAL TRANSFORMATION, 2020    72
5.2.2    RESTRAINTS    73
5.2.2.1    Privacy and security concerns over the use of IoT    73
5.2.2.2    Lack of advancements in communication technology and poor operational efficiency in developing economies    73
5.2.3    OPPORTUNITIES    73
5.2.3.1    Increase in smart city initiatives worldwide    73
5.2.3.2    Increase in connected devices to drive the growth of IoT    74
5.2.3.2.1    Smart meters    74
5.2.3.2.2    Smart appliances    74
5.2.3.3    Emerging 5G technology to help IoT adoption, globally    75
5.2.3.4    Drones for the enforcement of compliance    75
5.2.4    CHALLENGES    75
5.2.4.1    Lack of knowledge among the people about IoT and smart cities    75
5.2.4.2    Huge initial investments required for IoT in smart cities    76
5.2.4.3    Disruption in logistics and supply chain    76
5.3    INDUSTRY TRENDS    76
5.3.1    USE CASES    76
5.3.1.1    Use case 1: CISCO: Wi-Fi paves the way for an IoT platform to make the government more efficient    76
5.3.1.2    Use case 2: MS Technologies: IoT-Based detection solutions
for a safer world    77
5.3.1.3    Use case 3: IBM: Building citizen-focused public services in Jakarta    77
5.3.1.4    Use case 4: HUAWEI: Building smart city network (inspired by the nervous system) in Rivas-Vaciamadrid, Spain    77
5.3.1.5    Use case 5: IoTZA: Powering IoT-enabled smart building innovations    78
5.3.1.6    Use case 6: Hitachi: Curtin University adopted Hitachi IoT solution to implement a smart campus    78
5.3.2    ECOSYSTEM ANALYSIS    78
5.3.2.1    Smart transportation    79
FIGURE 20    IOT IN SMART CITIES MARKET: SMART TRANSPORTATION
ECOSYSTEM ANALYSIS    79
5.3.2.2    Smart buildings    79
FIGURE 21    IOT IN SMART CITIES MARKET: SMART BUILDINGS ECOSYSTEM ANALYSIS    79
5.3.2.3    Smart utilities    80
FIGURE 22    IOT IN SMART CITIES MARKET: SMART UTILITY ECOSYSTEM ANALYSIS    80
5.3.2.4    Smart citizen services    80
FIGURE 23    IOT IN SMART CITIES MARKET: SMART CITIZEN SERVICES
ECOSYSTEM ANALYSIS    80
TABLE 4    IOT IN SMART CITIES MARKET: ECOSYSTEM    81
5.3.3    SUPPLY CHAIN ANALYSIS    82
FIGURE 24    IOT IN SMART CITIES MARKET: SUPPLY CHAIN ANALYSIS    82
5.3.4    PATENT ANALYSIS    83
5.3.4.1    Methodology    83
5.3.4.2    Document types of patents    83
TABLE 5    PATENTS FILED, 2018–2021    83
5.3.4.3    Innovation and patent applications    83
FIGURE 25    TOTAL NUMBER OF PATENTS GRANTED IN A YEAR, 2018–2021    83
5.3.4.3.1    Top applicants    84
FIGURE 26    TOP TEN COMPANIES WITH THE HIGHEST NUMBER OF PATENT APPLICATIONS, 2018–2021    84
TABLE 6    US: TOP TEN PATENT OWNERS IN THE IOT IN SMART CITIES MARKET,
2018–2021    84
5.3.5    DISRUPTIONS IMPACTING BUYERS/CLIENTS IN THE IOT IN
SMART CITIES MARKET    85
FIGURE 27    IOT IN SMART CITIES MARKET: DISRUPTIONS IMPACTING BUYERS/CLIENTS    85
5.3.6    AVERAGE SELLING PRICE TRENDS    86
TABLE 7    PRICING ANALYSIS    86
5.3.7    TECHNOLOGY TRENDS    86
5.3.7.1    Introduction    86
5.3.7.2    Artificial intelligence and machine learning    86
5.3.7.3    Internet of Things    87
5.3.7.4    Big data analytics    87
5.3.7.5    5G Network    87
5.3.8    PORTER’S FIVE FORCES ANALYSIS    88
TABLE 8    IOT IN SMART CITIES MARKET: PORTER’S FIVE FORCES MODEL    88
5.3.8.1    Threat of new entrants    88
5.3.8.2    Threat of substitutes    88
5.3.8.3    Bargaining power of buyers    89
5.3.8.4    Bargaining power of suppliers    89
5.3.8.5    Competitive rivalry    89
5.3.9    REGULATORY IMPACT    90
5.4    COVID-19 MARKET OUTLOOK FOR IOT IN SMART CITIES NETWORKS    91
TABLE 9    IOT IN SMART CITIES MARKET: ANALYSIS OF DRIVERS AND OPPORTUNITIES IN COVID-19 ERA    91
TABLE 10    IOT IN SMART CITIES MARKET: ANALYSIS OF CHALLENGES AND RESTRAINTS IN THE COVID-19 ERA    92
5.4.1    CUMULATIVE GROWTH ANALYSIS    92
TABLE 11    IOT IN SMART CITIES MARKET: CUMULATIVE GROWTH ANALYSIS    92
6    IOT IN SMART CITIES MARKET, BY OFFERING    93
6.1    INTRODUCTION    94
6.1.1    OFFERINGS: COVID-19 IMPACT    94
FIGURE 28    SERVICES SEGMENT TO GROW AT A HIGHER CAGR
DURING THE FORECAST PERIOD    95
TABLE 12    IOT IN SMART CITIES MARKET SIZE, BY OFFERING,
2016–2020 (USD BILLION)    95
TABLE 13    IOT IN SMART CITES MARKET SIZE, BY OFFERING, 2021–2026 (USD BILLION)    95
6.2    SOLUTIONS    96
TABLE 14    SOLUTIONS: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    96
TABLE 15    SOLUTIONS: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    96
6.3    SERVICES    97
TABLE 16    SERVICES: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    97
TABLE 17    SERVICES: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    97

7    IOT IN SMART CITIES MARKET, BY SOLUTION    98
7.1    INTRODUCTION    99
7.1.1    RAPID DIGITALIZATION AND URBANIZATION INCREASING THE
DEMAND FOR IOT SOLUTIONS    99
FIGURE 29    REPORTING AND ANALYTICS SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD    99
TABLE 18    IOT IN SMART CITIES MARKET SIZE, BY SOLUTION,
2016–2020 (USD BILLION)    100
TABLE 19    IOT IN SMART CITIES MARKET SIZE, BY SOLUTION,
2021–2026 (USD BILLION)    100
7.2    REMOTE MONITORING    101
7.2.1    COVID-19 FORCING ORGANIZATIONS TO ADOPT A REMOTE WORKING MODEL, THUS INCREASING THE DEMAND FOR IOT SOLUTIONS    101
7.2.2    REMOTE MONITORING: IOT IN SMART CITIES MARKET DRIVERS    101
TABLE 20    REMOTE MONITORING: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    101
TABLE 21    REMOTE MONITORING: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)    102
7.2.3    REAL-TIME LOCATION SYSTEM    102
7.2.3.1    Real-time location-based analysis, visualization, and real-time tracking of equipment and people leading to an increase in real-time location IoT solutions    102
7.2.4    REAL-TIME LOCATION SYSTEM: IOT IN SMART CITIES MARKET DRIVERS    102
TABLE 22    REAL-TIME LOCATION SYSTEM: IOT IN SMART CITIES MARKET SIZE,
BY REGION, 2016–2020 (USD BILLION)    103
TABLE 23    REAL-TIME LOCATION SYSTEM: IOT IN SMART CITIES MARKET SIZE,
BY REGION, 2021–2026 (USD BILLION)    103
7.2.5    NETWORK MANAGEMENT    103
7.2.5.1    Network management solution providing a common platform to manage the entire network of an organization    103
7.2.6    NETWORK MANAGEMENT: IOT IN SMART CITIES MARKET DRIVERS    104
TABLE 24    NETWORK MANAGEMENT: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    104
TABLE 25    NETWORK MANAGEMENT: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)    104
7.2.7    SECURITY    105
7.2.7.1    IoT devices such as sensors and cameras helping security teams work remotely and detect unwanted intruders    105
7.2.8    SECURITY: IOT IN SMART CITIES MARKET DRIVERS    105
TABLE 26    SECURITY: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    105
TABLE 27    SECURITY: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    106
7.2.9    DATA MANAGEMENT    106
7.2.9.1    IoT data management solutions providing a standardized platform for storing, processing, and managing data analysis    106

7.2.10    DATA MANAGEMENT: IOT IN SMART CITIES MARKET DRIVERS    106
TABLE 28    DATA MANAGEMENT: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    106
TABLE 29    DATA MANAGEMENT: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    107
7.2.11    REPORTING AND ANALYTICS    107
7.2.11.1    IoT reporting and analytics solutions enabling existing IoT device data to create immersive, dynamic, and personalized analysis    107
7.2.12    REPORTING AND ANALYTICS: IOT IN SMART CITIES MARKET DRIVERS    107
TABLE 30    REPORTING AND ANALYTICS: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    107
TABLE 31    REPORTING AND ANALYTICS: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)    108
8    IOT IN SMART CITIES MARKET, BY SERVICE    109
8.1    INTRODUCTION    110
8.1.1    SERVICES: IOT IN SMART CITIES MARKET DRIVERS    110
8.1.2    SERVICES: COVID-19 IMPACT    110
FIGURE 30    MANAGED SERVICES SEGMENT TO GROW AT A HIGHER CAGR
DURING THE FORECAST PERIOD    110
TABLE 32    SERVICES: IOT IN SMART CITIES MARKET SIZE, BY TYPE,
2016–2020 (USD BILLION)    111
TABLE 33    SERVICES: IOT IN SMART CITIES MARKET SIZE, BY TYPE,
2021–2026 (USD BILLION)    111
8.2    PROFESSIONAL SERVICES    111
TABLE 34    PROFESSIONAL SERVICES: IOT IN SMART CITIES MARKET SIZE, BY TYPE, 2016–2020 (USD BILLION)    111
TABLE 35    PROFESSIONAL SERVICES: IOT IN SMART CITIES MARKET SIZE, BY TYPE, 2021–2026 (USD BILLION)    112
TABLE 36    PROFESSIONAL SERVICES: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    112
TABLE 37    PROFESSIONAL SERVICES: IOT IN SMART MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    112
8.2.1    CONSULTING    113
8.2.1.1    Growing need for implementing IoT-enabled services expected to drive the growth of consulting services    113
TABLE 38    CONSULTING: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    113
TABLE 39    CONSULTING: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    114
8.2.2    DEPLOYMENT AND SYSTEM INTEGRATION    114
8.2.2.1    Growing demand for integration with existing infrastructure and deployment of IoT devices driving the growth of deployment and system integration services    114
TABLE 40    DEPLOYMENT AND SYSTEM INTEGRATION: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    114
TABLE 41    DEPLOYMENT AND SYSTEM INTEGRATION MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    115
8.2.3    SUPPORT AND MAINTENANCE    115
8.2.3.1    Exponential growth in the usage of IoT-enabled devices driving the need for support and maintenance of these devices    115
TABLE 42    SUPPORT AND MAINTENANCE: IOT IN SMART CITIES MARKET SIZE,
BY REGION, 2016–2020 (USD BILLION)    115
TABLE 43    SUPPORT AND MAINTENANCE MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    116
8.2.4    MANAGED SERVICES    116
8.2.4.1    Rising need to run the entire citizen services smoothly and
improve strategic and tactical significance driving the need for managed services    116
TABLE 44    MANAGED SERVICES: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    116
TABLE 45    MANAGED SERVICES MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    117
9    IOT IN SMART CITIES MARKET, BY APPLICATION    118
9.1    INTRODUCTION    119
9.1.1    APPLICATION: COVID-19 IMPACT    119
FIGURE 31    SMART TRANSPORTATION SEGMENT TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD    119
TABLE 46    IOT IN SMART CITIES MARKET SIZE, BY APPLICATION,
2016–2020 (USD BILLION)    120
TABLE 47    IOT IN SMART CITIES MARKET SIZE, BY APPLICATION,
2021–2026 (USD BILLION)    120
9.2    SMART TRANSPORTATION    120
9.2.1    RAPID INCREASE IN TRAFFIC CONGESTION TO CREATE A DEMAND FOR
IOT IN SMART CITIES SOLUTIONS AND SERVICES ACROSS THE GLOBE    120
9.2.2    SMART TRANSPORTATION: IOT IN SMART CITIES MARKET DRIVERS    121
TABLE 48    SMART TRANSPORTATION: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    121
TABLE 49    SMART TRANSPORTATION: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)    121
9.3    SMART BUILDING    122
9.3.1    INCREASED NEED FOR THE IOT-ENABLED BUILDING MANAGEMENT SYSTEM DRIVING THE GROWTH OF SMART BUILDING SOLUTIONS    122
9.3.2    SMART BUILDING: IOT IN SMART CITIES MARKET DRIVERS    122
TABLE 50    SMART BUILDING: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    122
TABLE 51    SMART BUILDING: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    123
9.4    SMART UTILITIES    123
9.4.1    GROWING DEMAND FOR ENHANCED GRID RELIABILITY AND EFFICIENT OUTAGE RESPONSE DRIVING THE NEED FOR SMART UTILITIES    123
9.4.2    SMART UTILITIES: IOT IN SMART CITIES MARKET DRIVERS    123
TABLE 52    SMART UTILITIES: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    124
TABLE 53    SMART UTILITIES: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    124
9.5    SMART CITIZEN SERVICES    124
9.5.1    GROWING NEED FOR DIGITALIZATION WITH THE HELP OF IOT DEVICES
IN THE EDUCATION, HEALTHCARE, AND PUBLIC SAFETY SECTORS    124
9.5.2    SMART CITIZEN SERVICES: IOT IN SMART CITIES MARKET DRIVERS    125
TABLE 54    SMART CITIZEN SERVICES: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2016–2020 (USD BILLION)    125
TABLE 55    SMART CITIZEN SERVICES: IOT IN SMART CITIES MARKET SIZE, BY REGION, 2021–2026 (USD BILLION)    126
TABLE 56    SMART CITIZEN SERVICES: IOT IN SMART CITIES MARKET SIZE, BY TYPE, 2016–2020 (USD BILLION)    126
TABLE 57    SMART CITIZEN SERVICES: IOT IN SMART CITIES MARKET SIZE, BY TYPE, 2021–2026 (USD BILLION)    126
9.5.3    EDUCATION    127
9.5.3.1    Exponential increase in the use of mobile devices and IoT devices for education across the globe driving the need for smart education    127
TABLE 58    EDUCATION: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    128
TABLE 59    EDUCATION: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    128
9.5.4    HEALTHCARE    128
9.5.4.1    Growing use of IoT in medical records management, remote monitoring, and telemedicine driving the growth of the smart healthcare segment    128
TABLE 60    HEALTHCARE: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    129
TABLE 61    HEALTHCARE: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    129
9.5.5    PUBLIC SAFETY    129
9.5.5.1    Growing security concerns due to the increased adoption of
IoT devices across the globe    129
TABLE 62    PUBLIC SAFETY: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2016–2020 (USD BILLION)    130
TABLE 63    PUBLIC SAFETY: IOT IN SMART CITIES MARKET SIZE, BY REGION,
2021–2026 (USD BILLION)    130
10    IOT IN SMART CITIES MARKET, BY REGION    131
10.1    INTRODUCTION    132
FIGURE 32    ASIA PACIFIC EXPECTED TO GROW AT THE HIGHEST CAGR
DURING THE FORECAST PERIOD    132
FIGURE 33    SINGAPORE EXPECTED TO ATTAIN THE HIGHEST CAGR
DURING THE FORECAST PERIOD    133
TABLE 64    IOT IN SMART CITIES MARKET, BY REGION, 2016–2020 (USD BILLION)    133
TABLE 65    IOT IN SMART CITIES MARKET, BY REGION, 2021–2026 (USD BILLION)    133
10.2    NORTH AMERICA    134
10.2.1    NORTH AMERICA: IOT IN SMART CITIES MARKET DRIVERS    134
10.2.2    NORTH AMERICA: COVID-19 IMPACT    135
FIGURE 34    NORTH AMERICA: MARKET SNAPSHOT    136
TABLE 66    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    136
TABLE 67    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    137
TABLE 68    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    137
TABLE 69    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    137
TABLE 70    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    138
TABLE 71    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    138
TABLE 72    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    138
TABLE 73    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    138
TABLE 74    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    139
TABLE 75    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    139
TABLE 76    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    139
TABLE 77    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    139
TABLE 78    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY COUNTRY,
2016–2020 (USD BILLION)    140
TABLE 79    NORTH AMERICA: IOT IN SMART CITIES MARKET, BY COUNTRY,
2021–2026 (USD BILLION)    140
10.2.3    UNITED STATES    140
10.2.3.1    Technological advancements and digital readiness
responsible for the growth    140
10.2.3.2    US: Regulatory norms    141
TABLE 80    UNITED STATES: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    141
TABLE 81    UNITED STATES: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    141
TABLE 82    UNITED STATES: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    142
TABLE 83    UNITED STATES: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    142
TABLE 84    UNITED STATES: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    142
TABLE 85    UNITED STATES: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    142
TABLE 86    UNITED STATES: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    143
TABLE 87    UNITED STATES: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    143
TABLE 88    UNITED STATES: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    143
TABLE 89    UNITED STATES: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    143
TABLE 90    UNITED STATES: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    144
TABLE 91    UNITED STATES: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    144
10.2.4    CANADA    144
10.2.4.1    Initiatives for cybersecurity and increasing incidences of cybercrimes and cyber threats    144
10.2.4.2    Canada: Regulatory norms    145
TABLE 92    CANADA: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    145
TABLE 93    CANADA: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    145
TABLE 94    CANADA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    145
TABLE 95    CANADA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    146
TABLE 96    CANADA: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    146
TABLE 97    CANADA: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    146
TABLE 98    CANADA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2016–2020 (USD BILLION)    146
TABLE 99    CANADA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2021–2026 (USD BILLION)    147
TABLE 100    CANADA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    147
TABLE 101    CANADA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    147
TABLE 102    CANADA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2016–2020 (USD BILLION)    148
TABLE 103    CANADA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2021–2026 (USD BILLION)    148
10.3    EUROPE    148
10.3.1    EUROPE: IOT IN SMART CITIES MARKET DRIVERS    149
10.3.2    EUROPE: COVID-19 IMPACT    149
TABLE 104    EUROPE: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    150
TABLE 105    EUROPE: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    150
TABLE 106    EUROPE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    150
TABLE 107    EUROPE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    150
TABLE 108    EUROPE: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    151
TABLE 109    EUROPE: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    151
TABLE 110    EUROPE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2016–2020 (USD BILLION)    151
TABLE 111    EUROPE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2021–2026 (USD BILLION)    151
TABLE 112    EUROPE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    152
TABLE 113    EUROPE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    152
TABLE 114    EUROPE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2016–2020 (USD BILLION)    152
TABLE 115    EUROPE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2021–2026 (USD BILLION)    152
TABLE 116    EUROPE: IOT IN SMART CITIES MARKET, BY COUNTRY,
2016–2020 (USD BILLION)    153
TABLE 117    EUROPE: IOT IN SMART CITIES MARKET, BY COUNTRY,
2021–2026 (USD BILLION)    153
10.3.3    UNITED KINGDOM    153
10.3.3.1    Skilled and knowledgeable administration and smart city initiatives by the government    153
10.3.3.2    UK: Regulatory norms    154
TABLE 118    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    154
TABLE 119    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    154
TABLE 120    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    154
TABLE 121    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    155
TABLE 122    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    155
TABLE 123    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    155
TABLE 124    UNITED KINGDOM: IOT IN SMART CITIES MARKET,
BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    155
TABLE 125    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    156
TABLE 126    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    156
TABLE 127    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD MILLION)    156
TABLE 128    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    157
TABLE 129    UNITED KINGDOM: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    157

10.3.4    GERMANY    157
10.3.4.1    Government initiatives for the development of smart cities    157
10.3.4.2    Germany: Regulatory norms    158
TABLE 130    GERMANY: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    158
TABLE 131    GERMANY: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    158
TABLE 132    GERMANY: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    159
TABLE 133    GERMANY: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    159
TABLE 134    GERMANY: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    159
TABLE 135    GERMANY: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    159
TABLE 136    GERMANY: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    160
TABLE 137    GERMANY: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    160
TABLE 138    GERMANY: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    160
TABLE 139    GERMANY: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    161
TABLE 140    GERMANY: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    161
TABLE 141    GERMANY: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    161
10.3.5    FRANCE    162
10.3.5.1    High usability of smart devices driving the growth of
IoT in smart cities    162
10.3.5.2    France: Regulatory norms    162
TABLE 142    FRANCE: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    162
TABLE 143    FRANCE: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    162
TABLE 144    FRANCE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    163
TABLE 145    FRANCE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    163
TABLE 146    FRANCE: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    163
TABLE 147    FRANCE: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    163
TABLE 148    FRANCE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2016–2020 (USD BILLION)    164
TABLE 149    FRANCE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2021–2026 (USD BILLION)    164
TABLE 150    FRANCE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    164
TABLE 151    FRANCE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    165
TABLE 152    FRANCE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2016–2020 (USD BILLION)    165
TABLE 153    FRANCE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2021–2026 (USD BILLION)    165
10.3.6    REST OF EUROPE    166
TABLE 154    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    166
TABLE 155    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    166
TABLE 156    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    166
TABLE 157    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    167
TABLE 158    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    167
TABLE 159    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    167
TABLE 160    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    167
TABLE 161    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    168
TABLE 162    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    168
TABLE 163    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    168
TABLE 164    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    168
TABLE 165    REST OF EUROPE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    169
10.4    ASIA PACIFIC    169
10.4.1    ASIA PACIFIC: IOT IN SMART CITIES MARKET DRIVERS    169
10.4.2    ASIA PACIFIC: COVID-19 IMPACT    170
FIGURE 35    ASIA PACIFIC: MARKET SNAPSHOT    171
TABLE 166    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    171
TABLE 167    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    172
TABLE 168    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    172
TABLE 169    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    172
TABLE 170    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    173
TABLE 171    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    173
TABLE 172    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    173
TABLE 173    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    173
TABLE 174    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    174
TABLE 175    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    174
TABLE 176    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    174
TABLE 177    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    174
TABLE 178    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY COUNTRY,
2016–2020 (USD BILLION)    175
TABLE 179    ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY COUNTRY,
2021–2026 (USD BILLION)    175
10.4.3    CHINA    175
10.4.3.1    Growing economy and digital transformation driving market growth    175
10.4.3.2    China: Regulatory norms    175
TABLE 180    CHINA: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    176
TABLE 181    CHINA: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    176
TABLE 182    CHINA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    176
TABLE 183    CHINA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    177
TABLE 184    CHINA: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    177
TABLE 185    CHINA: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    177
TABLE 186    CHINA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2016–2020 (USD BILLION)    177
TABLE 187    CHINA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2021–2026 (USD BILLION)    178
TABLE 188    CHINA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    178
TABLE 189    CHINA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    178
TABLE 190    CHINA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2016–2020 (USD BILLION)    178
TABLE 191    CHINA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2021–2026 (USD BILLION)    179
10.4.4    JAPAN    179
10.4.4.1    Government initiatives and adoption of emerging technologies driving market growth    179
10.4.4.2    Japan: Regulatory norms    179
TABLE 192    JAPAN: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    179
TABLE 193    JAPAN: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    180
TABLE 194    JAPAN: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    180
TABLE 195    JAPAN: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    180
TABLE 196    JAPAN: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    180
TABLE 197    JAPAN: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    181
TABLE 198    JAPAN: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2016–2020 (USD BILLION)    181
TABLE 199    JAPAN: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE,
2021–2026 (USD BILLION)    181
TABLE 200    JAPAN: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    181
TABLE 201    JAPAN: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    182
TABLE 202    JAPAN: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2016–2020 (USD BILLION)    182
TABLE 203    JAPAN: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE,
2021–2026 (USD BILLION)    182
10.4.5    SINGAPORE    182
10.4.5.1    Rapid adoption of emerging technologies, such as IoT, AI, and big data driving market growth    182
10.4.5.2    Singapore: Regulatory norms    183
TABLE 204    SINGAPORE: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    183
TABLE 205    SINGAPORE: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    183
TABLE 206    SINGAPORE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    183
TABLE 207    SINGAPORE: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    184
TABLE 208    SINGAPORE: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    184
TABLE 209    SINGAPORE: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    184
TABLE 210    SINGAPORE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    184
TABLE 211    SINGAPORE: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    185
TABLE 212    SINGAPORE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    185
TABLE 213    SINGAPORE: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    185
TABLE 214    SINGAPORE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    185
TABLE 215    SINGAPORE: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    186"
"10.4.6    REST OF ASIA PACIFIC    186
10.4.6.1    Increased awareness of the government and increased adoption of emerging technologies    186
TABLE 216    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    186
TABLE 217    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    187
TABLE 218    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    187
TABLE 219    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    187
TABLE 220    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    188
TABLE 221    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    188
TABLE 222    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    188
TABLE 223    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    188
TABLE 224    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY APPLICATION, 2016–2020 (USD BILLION)    189
TABLE 225    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD BILLION)    189
TABLE 226    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    189
TABLE 227    REST OF ASIA PACIFIC: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    189
10.5    MIDDLE EAST & AFRICA    190
10.5.1    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET DRIVERS    190
10.5.2    MIDDLE EAST & AFRICA: COVID-19 IMPACT    190
TABLE 228    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    191
TABLE 229    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    191
TABLE 230    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    192
TABLE 231    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    192
TABLE 232    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    192
TABLE 233    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    193
TABLE 234    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    193
TABLE 235    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    193
TABLE 236    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY APPLICATION, 2016–2020 (USD BILLION)    193
TABLE 237    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    194
TABLE 238    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    194
TABLE 239    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    194
TABLE 240    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY COUNTRY,
2016–2020 (USD BILLION)    195
TABLE 241    MIDDLE EAST & AFRICA: IOT IN SMART CITIES MARKET, BY COUNTRY,
2021–2026 (USD BILLION)    195
10.5.3    KINGDOM OF SAUDI ARABIA (KSA)    195
10.5.3.1    Adoption of industrial use cases expected to drive the growth of IoT    195
10.5.3.2    Saudi Arabia: Regulatory norms    195
10.5.4    ISRAEL    196
10.5.4.1    Israel: Regulatory norms    196
10.5.5    REST OF MIDDLE EAST & AFRICA    196
10.6    LATIN AMERICA    196
10.6.1    LATIN AMERICA: IOT IN SMART CITIES MARKET DRIVERS    197
10.6.2    LATIN AMERICA: COVID-19 IMPACT    197
TABLE 242    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY OFFERING,
2016–2020 (USD BILLION)    197
TABLE 243    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY OFFERING,
2021–2026 (USD BILLION)    197
TABLE 244    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2016–2020 (USD BILLION)    198
TABLE 245    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY SOLUTION,
2021–2026 (USD BILLION)    198
TABLE 246    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY SERVICE,
2016–2020 (USD BILLION)    198
TABLE 247    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY SERVICE,
2021–2026 (USD BILLION)    199
TABLE 248    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2016–2020 (USD BILLION)    199
TABLE 249    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY PROFESSIONAL SERVICE, 2021–2026 (USD BILLION)    199
TABLE 250    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2016–2020 (USD BILLION)    199
TABLE 251    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY APPLICATION,
2021–2026 (USD BILLION)    200
TABLE 252    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2016–2020 (USD BILLION)    200
TABLE 253    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY SMART CITIZEN SERVICE, 2021–2026 (USD BILLION)    200
TABLE 254    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY COUNTRY,
2016–2020 (USD BILLION)    200
TABLE 255    LATIN AMERICA: IOT IN SMART CITIES MARKET, BY COUNTRY,
2021–2026 (USD BILLION)    201

10.6.3    BRAZIL    201
10.6.3.1    Government initiatives and collaborations expected to
drive market growth    201
10.6.3.2    Brazil: Regulatory norms    201
10.6.4    MEXICO    202
10.6.4.1    Growing adoption of technologies and the collaborative effort of the government and private sector    202
10.6.4.2    Mexico: Regulatory norms    202
10.6.5    REST OF LATIN AMERICA    202
10.6.5.1    Collaboration of public and private organizations toward sustainability in cities    202
11    COMPETITIVE LANDSCAPE    203
11.1    OVERVIEW    203
11.2    KEY PLAYER STRATEGIES    203
TABLE 256    OVERVIEW OF STRATEGIES DEPLOYED BY KEY PLAYERS
IN THE IOT IN SMART CITIES MARKET    203
11.3    MARKET SHARE ANALYSIS OF TOP PLAYERS    204
TABLE 257    IOT IN SMART CITIES MARKET: DEGREE OF COMPETITION    204
11.4    HISTORICAL REVENUE ANALYSIS    205
FIGURE 36    HISTORICAL THREE-YEAR REVENUE ANALYSIS OF LEADING PLAYERS,
2018-2020 (USD BILLION)    205
11.5    COMPANY EVALUATION QUADRANT    205
11.5.1    STARS    205
11.5.2    EMERGING LEADERS    205
11.5.3    PERVASIVE PLAYERS    205
11.5.4    PARTICIPANTS    206
FIGURE 37    KEY IOT IN SMART CITIES MARKET PLAYERS, COMPANY
EVALUATION MATRIX, 2021    206
TABLE 258    PRODUCT FOOTPRINT WEIGHTAGE    206
11.6    COMPETITIVE BENCHMARKING    207
TABLE 259    COMPANY FOOTPRINT    207
TABLE 260    COMPANY APPLICATION FOOTPRINT    208
TABLE 261    COMPANY SOLUTION FOOTPRINT    209
TABLE 262    COMPANY REGION FOOTPRINT    210
11.7    STARTUP/SME EVALUATION QUADRANT    211
11.7.1    PROGRESSIVE COMPANIES    211
11.7.2    RESPONSIVE COMPANIES    211
11.7.3    DYNAMIC COMPANIES    211
11.7.4    STARTING BLOCKS    211
FIGURE 38    STARTUP/SME IOT IN SMART CITIES MARKET EVALUATION MATRIX, 2021    212

11.8    COMPETITIVE SCENARIO    212
11.8.1    PRODUCT LAUNCHES    212
TABLE 263    PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2021    213
11.8.2    DEALS    213
TABLE 264    DEALS, JANUARY 2019–DECEMBER 2021    213
11.8.3    OTHERS    214
TABLE 265    OTHERS, SEPTEMBER 2019    214
12    COMPANY PROFILES    215
(Business Overview, Products Offered, Recent Developments, Response to COVID-19, and MnM View)*
12.1    MAJOR PLAYERS    215
12.1.1    CISCO    215
TABLE 266    CISCO: BUSINESS OVERVIEW    215
FIGURE 39    CISCO: FINANCIAL OVERVIEW    216
TABLE 267    CISCO: PRODUCTS OFFERED    216
TABLE 268    CISCO: PRODUCT LAUNCHES    218
TABLE 269    CISCO: DEALS    218
12.1.2    IBM    222
TABLE 270    IBM: BUSINESS OVERVIEW    222
FIGURE 40    IBM: FINANCIAL OVERVIEW    223
TABLE 271    IBM: PRODUCTS OFFERED    223
TABLE 272    IBM: PRODUCT LAUNCHES    224
TABLE 273    IBM: DEALS    225
12.1.3    MICROSOFT    228
TABLE 274    MICROSOFT: BUSINESS OVERVIEW    228
FIGURE 41    MICROSOFT: FINANCIAL OVERVIEW    229
TABLE 275    MICROSOFT: PRODUCTS OFFERED    229
TABLE 276    MICROSOFT: PRODUCT LAUNCHES    230
TABLE 277    MICROSOFT: DEALS    231
12.1.4    HUAWEI    234
TABLE 278    HUAWEI: BUSINESS OVERVIEW    234
FIGURE 42    HUAWEI: FINANCIAL OVERVIEW    235
TABLE 279    HUAWEI: PRODUCTS OFFERED    235
TABLE 280    HUAWEI: PRODUCT LAUNCHES    236
TABLE 281    HUAWEI: DEALS    237
12.1.5    INTEL    240
TABLE 282    INTEL: BUSINESS OVERVIEW    240
FIGURE 43    INTEL: FINANCIAL OVERVIEW    241
TABLE 283    INTEL: PRODUCTS OFFERED    241
TABLE 284    INTEL: PRODUCT LAUNCHES    242
TABLE 285    INTEL: DEALS    242

12.1.6    SIEMENS    245
TABLE 286    SIEMENS: BUSINESS OVERVIEW    245
FIGURE 44    SIEMENS: FINANCIAL OVERVIEW    246
TABLE 287    SIEMENS: PRODUCTS OFFERED    246
TABLE 288    SIEMENS: PRODUCT LAUNCHES    247
TABLE 289    SIEMENS: DEALS    247
12.1.7    HITACHI    249
TABLE 290    HITACHI: BUSINESS OVERVIEW    249
FIGURE 45    HITACHI: FINANCIAL OVERVIEW    250
TABLE 291    HITACHI: PRODUCTS OFFERED    250
TABLE 292    HITACHI: PRODUCT LAUNCHES    251
TABLE 293    HITACHI: DEALS    251
TABLE 294    HITACHI: OTHERS    252
12.1.8    SCHNEIDER ELECTRIC    253
TABLE 295    SCHNEIDER ELECTRIC: BUSINESS OVERVIEW    253
FIGURE 46    SCHNEIDER ELECTRIC: FINANCIAL OVERVIEW    254
TABLE 296    SCHNEIDER ELECTRIC: PRODUCTS OFFERED    254
TABLE 297    SCHNEIDER ELECTRIC: PRODUCT LAUNCHES    255
TABLE 298    SCHNEIDER ELECTRIC: DEALS    255
12.1.9    TECH MAHINDRA    256
TABLE 299    TECH MAHINDRA: BUSINESS OVERVIEW    256
FIGURE 47    TECH MAHINDRA: FINANCIAL OVERVIEW    257
TABLE 300    TECH MAHINDRA: SERVICES OFFERED    257
TABLE 301    TECH MAHINDRA: SOLUTIONS OFFERED    258
TABLE 302    TECH MAHINDRA: DEALS    258
12.1.10    HONEYWELL    259
TABLE 303    HONEYWELL: BUSINESS OVERVIEW    259
FIGURE 48    HONEYWELL: FINANCIAL OVERVIEW    260
TABLE 304    HONEYWELL: PRODUCTS OFFERED    260
TABLE 305    HONEYWELL: DEALS    261
12.1.11    SAP    262
12.1.12    SIERRA WIRELESS    263
12.1.13    BOSCH    264
12.1.14    PTC    265
12.1.15    SIGNIFY    265
12.1.16    VERIZON    266
12.1.17    ARM    267
12.1.18    DEUTSCHE TELEKOM    268
12.1.19    YOUON    269

12.2    STARTUP/SMES PLAYERS    270
12.2.1    QUANTELA    270
12.2.2    CONFIDEX    271
12.2.3    AGT INTERNATIONAL    271
12.2.4    TAKADU    272
12.2.5    OPTIBUS    272
12.2.6    ENEVO    273
12.2.7    FLAMENCOTECH    274
12.2.8    APPYWAY    275
* Business Overview, Products Offered, Recent Developments, Response to COVID-19, and MnM View might not be captured in case of unlisted companies.
13    ADJACENT & RELATED MARKETS    276
13.1    INTRODUCTION    276
TABLE 306    ADJACENT MARKETS AND FORECASTS    276
13.2    SMART TRANSPORTATION MARKET – GLOBAL FORECAST TO 2025    276
13.2.1    MARKET DEFINITION    276
13.2.2    MARKET OVERVIEW    277
13.2.3    SMART TRANSPORTATION MARKET, BY COMPONENT    277
TABLE 307    SMART TRANSPORTATION MARKET SIZE, BY TRANSPORTATION MODE, 2016–2019 (USD MILLION)    277
TABLE 308    SMART TRANSPORTATION MARKET SIZE, BY TRANSPORTATION MODE, 2019–2025 (USD MILLION)    278
13.2.4    SMART TRANSPORTATION MARKET, BY ROADWAY    278
TABLE 309    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN ROADWAYS, 2016–2019 (USD MILLION)    278
TABLE 310    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN ROADWAYS, 2019–2025 (USD MILLION)    279
TABLE 311    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN ROADWAYS,
2016–2019 (USD MILLION)    279
TABLE 312    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN ROADWAYS,
2019–2025 (USD MILLION)    279
13.2.5    SMART TRANSPORTATION MARKET, BY RAILWAY    280
TABLE 313    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN RAILWAYS,
2016–2019 (USD MILLION)    280
TABLE 314    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN RAILWAYS,
2019–2025 (USD MILLION)    280
TABLE 315    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN RAILWAYS,
2016–2019 (USD MILLION)    281
TABLE 316    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN RAILWAYS,
2019–2025 (USD MILLION)    281
13.2.6    SMART TRANSPORTATION MARKET, BY AIRWAY    281
TABLE 317    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN AIRWAYS,
2016–2019 (USD MILLION)    281
TABLE 318    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN AIRWAYS,
2019–2025 (USD MILLION)    282
TABLE 319    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN AIRWAYS,
2016–2019 (USD MILLION)    282
TABLE 320    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN AIRWAYS,
2019–2025 (USD MILLION)    282
13.2.7    SMART TRANSPORTATION MARKET, BY MARITIME    283
TABLE 321    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN MARITIME,
2016–2019 (USD MILLION)    283
TABLE 322    SMART TRANSPORTATION MARKET SIZE, BY SOLUTION IN MARITIME,
2019–2025 (USD MILLION)    283
TABLE 323    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN MARITIME,
2016–2019 (USD MILLION)    284
TABLE 324    SMART TRANSPORTATION MARKET SIZE, BY SERVICE IN MARITIME,
2019–2025 (USD MILLION)    284
13.2.8    SMART TRANSPORTATION MARKET, BY REGION    284
TABLE 325    SMART TRANSPORTATION MARKET SIZE, BY REGION,
2016–2019 (USD MILLION)    284
TABLE 326    SMART TRANSPORTATION MARKET SIZE, BY REGION,
2019–2025 (USD MILLION)    285
13.3    IOT IN RETAIL MARKET – GLOBAL FORECAST TO 2025    285
13.3.1    MARKET DEFINITION    285
13.3.2    MARKET OVERVIEW    285
13.3.3    IOT IN RETAIL MARKET, BY REGION    285
TABLE 327    IOT IN RETAIL MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)    286
13.3.4    IOT IN RETAIL MARKET, BY OFFERING    286
TABLE 328    IOT IN RETAIL MARKET SIZE, BY OFFERING, 2018–2025 (USD MILLION)    286
13.3.5    IOT IN RETAIL MARKET, BY SERVICE    286
TABLE 329    SERVICES: IOT IN RETAIL MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)    287
TABLE 330    SERVICES: IOT IN RETAIL MARKET SIZE, BY REGION,
2018–2025 (USD MILLION)    287
TABLE 331    PROFESSIONAL SERVICES: IOT IN RETAIL MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION)    287
TABLE 332    PROFESSIONAL SERVICES: IOT IN RETAIL MARKET SIZE, BY REGION,
2018–2025 (USD MILLION)    288
13.3.6    IOT IN RETAIL MARKET, BY APPLICATION    288
TABLE 333    IOT IN RETAIL MARKET SIZE, BY APPLICATION, 2018–2025 (USD MILLION)    288
TABLE 334    OPERATIONS MANAGEMENT: IOT IN RETAIL MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION)    289
TABLE 335    ASSET MANAGEMENT: IOT IN RETAIL MARKET SIZE, BY TYPE,
2018–2025 (USD MILLION)    289
TABLE 336    CUSTOMER EXPERIENCE MANAGEMENT: IOT IN RETAIL MARKET SIZE,
BY TYPE, 2018–2025 (USD MILLION)    289
13.4    IOT IN HEALTHCARE MARKET – GLOBAL FORECAST TO 2025    290
13.4.1    MARKET DEFINITION    290
13.4.2    MARKET OVERVIEW    290
13.4.3    IOT IN HEALTHCARE MARKET, BY COMPONENT    290
TABLE 337    IOT IN HEALTHCARE MARKET SIZE, BY COMPONENT,
2015–2019 (USD BILLION)    290
TABLE 338    IOT IN HEALTHCARE MARKET SIZE, BY COMPONENT,
2019–2025 (USD BILLION)    291
TABLE 339    MEDICAL DEVICES: IOT IN HEALTHCARE MARKET SIZE, BY TYPE,
2015–2019 (USD BILLION)    291
TABLE 340    MEDICAL DEVICES: IOT IN HEALTHCARE MARKET SIZE, BY TYPE,
2019–2025 (USD BILLION)    291
TABLE 341    SYSTEMS AND SOFTWARE: IOT IN HEALTHCARE MARKET SIZE, BY TYPE, 2015–2019 (USD BILLION)    292
TABLE 342    SYSTEMS AND SOFTWARE: IOT IN HEALTHCARE MARKET SIZE, BY TYPE, 2019–2025 (USD BILLION)    292
TABLE 343    SERVICES: IOT IN HEALTHCARE MARKET SIZE, BY TYPE,
2015–2019 (USD BILLION)    292
TABLE 344    SERVICES: IOT IN HEALTHCARE MARKET SIZE, BY TYPE,
2019–2025 (USD BILLION)    293
13.4.4    IOT IN HEALTHCARE MARKET, BY APPLICATION    293
TABLE 345    IOT IN HEALTHCARE MARKET SIZE, BY APPLICATION,
2015–2019 (USD BILLION)    293
TABLE 346    IOT IN HEALTHCARE MARKET SIZE, BY APPLICATION,
2019–2025 (USD BILLION)    293
13.4.5    IOT IN HEALTHCARE MARKET, BY END USER    294
TABLE 347    IOT IN HEALTHCARE MARKET SIZE, BY END USER, 2015–2019 (USD BILLION)    294
TABLE 348    IOT IN HEALTHCARE MARKET SIZE, BY END USER, 2019–2025 (USD BILLION)    294
13.4.6    IOT IN HEALTHCARE MARKET, BY REGION    294
TABLE 349    IOT IN HEALTHCARE MARKET SIZE, BY REGION, 2015–2019 (USD BILLION)    295
TABLE 350    IOT IN HEALTHCARE MARKET SIZE, BY REGION, 2019–2025 (USD BILLION)    295
14    APPENDIX    296
14.1    DISCUSSION GUIDE    296
14.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    299
14.3    AVAILABLE CUSTOMIZATIONS    301
14.4    RELATED REPORTS    301
14.5    AUTHOR DETAILS    302"