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Internet of Things (IoT) in Smart Cities-Global Market Insights and Sales Trends 2025
Synopsis
Increasing demand for intelligent cities and IoT devices is expected to drive the Internet of Things (IoT) in smart cities market.
The global Internet of Things (IoT) in Smart Cities market size is expected to reach US$ 372120 million by 2029, growing at a CAGR of 15.6% from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Things (IoT) in Smart Cities in various end use industries. The expanding demands from the Traffic, Infrastructure Management, Building Automation and The Energy Management, are propelling Internet of Things (IoT) in Smart Cities market. Satellite Network, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cellular Network segment is estimated at % CAGR for the next seven-year period.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Internet of Things (IoT) in Smart Cities, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Internet of Things (IoT) in Smart Cities market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Internet of Things (IoT) in Smart Cities market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Things (IoT) in Smart Cities sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Internet of Things (IoT) in Smart Cities covered in this report include BOSCH SOFTWARE INNOVATION, CISCO SYSTEMS, HUAWEI TECHNOLOGIES, IBM, INTEL, HARMAN INTERNATIONAL INDUSTRIES, ENEVO OY TECHNOLOGIES, INFINEON TECHNOLOGIES and SAP SE, etc.
The global Internet of Things (IoT) in Smart Cities market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BOSCH SOFTWARE INNOVATION
CISCO SYSTEMS
HUAWEI TECHNOLOGIES
IBM
INTEL
HARMAN INTERNATIONAL INDUSTRIES
ENEVO OY TECHNOLOGIES
INFINEON TECHNOLOGIES
SAP SE
SCHNEIDER ELECTRIC SOFTWARE
SYMANTEC
THINGWORX (PTC)
VERIZON
Global Internet of Things (IoT) in Smart Cities market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Internet of Things (IoT) in Smart Cities market, Segment by Type:
Satellite Network
Cellular Network
Rfid
Nfc
Wi-Fi
Others
Global Internet of Things (IoT) in Smart Cities market, by Application
Traffic
Infrastructure Management
Building Automation
The Energy Management
Smart City Services
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Internet of Things (IoT) in Smart Cities companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Increasing demand for intelligent cities and IoT devices is expected to drive the Internet of Things (IoT) in smart cities market.
The global Internet of Things (IoT) in Smart Cities market size is expected to reach US$ 372120 million by 2029, growing at a CAGR of 15.6% from 2023 to 2029. The market is mainly driven by the significant applications of Internet of Things (IoT) in Smart Cities in various end use industries. The expanding demands from the Traffic, Infrastructure Management, Building Automation and The Energy Management, are propelling Internet of Things (IoT) in Smart Cities market. Satellite Network, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cellular Network segment is estimated at % CAGR for the next seven-year period.
The number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China's data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Internet of Things (IoT) in Smart Cities, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Internet of Things (IoT) in Smart Cities market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Internet of Things (IoT) in Smart Cities market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Internet of Things (IoT) in Smart Cities sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Internet of Things (IoT) in Smart Cities covered in this report include BOSCH SOFTWARE INNOVATION, CISCO SYSTEMS, HUAWEI TECHNOLOGIES, IBM, INTEL, HARMAN INTERNATIONAL INDUSTRIES, ENEVO OY TECHNOLOGIES, INFINEON TECHNOLOGIES and SAP SE, etc.
The global Internet of Things (IoT) in Smart Cities market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BOSCH SOFTWARE INNOVATION
CISCO SYSTEMS
HUAWEI TECHNOLOGIES
IBM
INTEL
HARMAN INTERNATIONAL INDUSTRIES
ENEVO OY TECHNOLOGIES
INFINEON TECHNOLOGIES
SAP SE
SCHNEIDER ELECTRIC SOFTWARE
SYMANTEC
THINGWORX (PTC)
VERIZON
Global Internet of Things (IoT) in Smart Cities market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Internet of Things (IoT) in Smart Cities market, Segment by Type:
Satellite Network
Cellular Network
Rfid
Nfc
Wi-Fi
Others
Global Internet of Things (IoT) in Smart Cities market, by Application
Traffic
Infrastructure Management
Building Automation
The Energy Management
Smart City Services
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Internet of Things (IoT) in Smart Cities companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Internet of Things (IoT) in Smart Cities
1.1 Internet of Things (IoT) in Smart Cities Market Overview
1.1.1 Internet of Things (IoT) in Smart Cities Product Scope
1.1.2 Internet of Things (IoT) in Smart Cities Market Status and Outlook
1.2 Global Internet of Things (IoT) in Smart Cities Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Internet of Things (IoT) in Smart Cities Market Size by Region (2018-2029)
1.4 Global Internet of Things (IoT) in Smart Cities Historic Market Size by Region (2018-2023)
1.5 Global Internet of Things (IoT) in Smart Cities Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Internet of Things (IoT) in Smart Cities Market Size (2018-2029)
1.6.1 North America Internet of Things (IoT) in Smart Cities Market Size (2018-2029)
1.6.2 Europe Internet of Things (IoT) in Smart Cities Market Size (2018-2029)
1.6.3 Asia-Pacific Internet of Things (IoT) in Smart Cities Market Size (2018-2029)
1.6.4 Latin America Internet of Things (IoT) in Smart Cities Market Size (2018-2029)
1.6.5 Middle East & Africa Internet of Things (IoT) in Smart Cities Market Size (2018-2029)
2 Internet of Things (IoT) in Smart Cities Market by Type
2.1 Introduction
2.1.1 Satellite Network
2.1.2 Cellular Network
2.1.3 Rfid
2.1.4 Nfc
2.1.5 Wi-Fi
2.1.6 Others
2.2 Global Internet of Things (IoT) in Smart Cities Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Internet of Things (IoT) in Smart Cities Historic Market Size by Type (2018-2023)
2.2.2 Global Internet of Things (IoT) in Smart Cities Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Internet of Things (IoT) in Smart Cities Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Internet of Things (IoT) in Smart Cities Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Internet of Things (IoT) in Smart Cities Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Internet of Things (IoT) in Smart Cities Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Internet of Things (IoT) in Smart Cities Revenue Breakdown by Type (2018-2029)
3 Internet of Things (IoT) in Smart Cities Market Overview by Application
3.1 Introduction
3.1.1 Traffic
3.1.2 Infrastructure Management
3.1.3 Building Automation
3.1.4 The Energy Management
3.1.5 Smart City Services
3.2 Global Internet of Things (IoT) in Smart Cities Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Internet of Things (IoT) in Smart Cities Historic Market Size by Application (2018-2023)
3.2.2 Global Internet of Things (IoT) in Smart Cities Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Internet of Things (IoT) in Smart Cities Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Internet of Things (IoT) in Smart Cities Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Internet of Things (IoT) in Smart Cities Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Internet of Things (IoT) in Smart Cities Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Internet of Things (IoT) in Smart Cities Revenue Breakdown by Application (2018-2029)
4 Internet of Things (IoT) in Smart Cities Competition Analysis by Players
4.1 Global Internet of Things (IoT) in Smart Cities Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Internet of Things (IoT) in Smart Cities as of 2022)
4.3 Date of Key Players Enter into Internet of Things (IoT) in Smart Cities Market
4.4 Global Top Players Internet of Things (IoT) in Smart Cities Headquarters and Area Served
4.5 Key Players Internet of Things (IoT) in Smart Cities Product Solution and Service
4.6 Competitive Status
4.6.1 Internet of Things (IoT) in Smart Cities Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 BOSCH SOFTWARE INNOVATION
5.1.1 BOSCH SOFTWARE INNOVATION Profile
5.1.2 BOSCH SOFTWARE INNOVATION Main Business
5.1.3 BOSCH SOFTWARE INNOVATION Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.1.4 BOSCH SOFTWARE INNOVATION Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.1.5 BOSCH SOFTWARE INNOVATION Recent Developments
5.2 CISCO SYSTEMS
5.2.1 CISCO SYSTEMS Profile
5.2.2 CISCO SYSTEMS Main Business
5.2.3 CISCO SYSTEMS Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.2.4 CISCO SYSTEMS Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.2.5 CISCO SYSTEMS Recent Developments
5.3 HUAWEI TECHNOLOGIES
5.3.1 HUAWEI TECHNOLOGIES Profile
5.3.2 HUAWEI TECHNOLOGIES Main Business
5.3.3 HUAWEI TECHNOLOGIES Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.3.4 HUAWEI TECHNOLOGIES Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.3.5 IBM Recent Developments
5.4 IBM
5.4.1 IBM Profile
5.4.2 IBM Main Business
5.4.3 IBM Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.4.4 IBM Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.4.5 IBM Recent Developments
5.5 INTEL
5.5.1 INTEL Profile
5.5.2 INTEL Main Business
5.5.3 INTEL Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.5.4 INTEL Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.5.5 INTEL Recent Developments
5.6 HARMAN INTERNATIONAL INDUSTRIES
5.6.1 HARMAN INTERNATIONAL INDUSTRIES Profile
5.6.2 HARMAN INTERNATIONAL INDUSTRIES Main Business
5.6.3 HARMAN INTERNATIONAL INDUSTRIES Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.6.4 HARMAN INTERNATIONAL INDUSTRIES Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.6.5 HARMAN INTERNATIONAL INDUSTRIES Recent Developments
5.7 ENEVO OY TECHNOLOGIES
5.7.1 ENEVO OY TECHNOLOGIES Profile
5.7.2 ENEVO OY TECHNOLOGIES Main Business
5.7.3 ENEVO OY TECHNOLOGIES Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.7.4 ENEVO OY TECHNOLOGIES Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.7.5 ENEVO OY TECHNOLOGIES Recent Developments
5.8 INFINEON TECHNOLOGIES
5.8.1 INFINEON TECHNOLOGIES Profile
5.8.2 INFINEON TECHNOLOGIES Main Business
5.8.3 INFINEON TECHNOLOGIES Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.8.4 INFINEON TECHNOLOGIES Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.8.5 INFINEON TECHNOLOGIES Recent Developments
5.9 SAP SE
5.9.1 SAP SE Profile
5.9.2 SAP SE Main Business
5.9.3 SAP SE Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.9.4 SAP SE Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.9.5 SAP SE Recent Developments
5.10 SCHNEIDER ELECTRIC SOFTWARE
5.10.1 SCHNEIDER ELECTRIC SOFTWARE Profile
5.10.2 SCHNEIDER ELECTRIC SOFTWARE Main Business
5.10.3 SCHNEIDER ELECTRIC SOFTWARE Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.10.4 SCHNEIDER ELECTRIC SOFTWARE Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.10.5 SCHNEIDER ELECTRIC SOFTWARE Recent Developments
5.11 SYMANTEC
5.11.1 SYMANTEC Profile
5.11.2 SYMANTEC Main Business
5.11.3 SYMANTEC Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.11.4 SYMANTEC Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.11.5 SYMANTEC Recent Developments
5.12 THINGWORX (PTC)
5.12.1 THINGWORX (PTC) Profile
5.12.2 THINGWORX (PTC) Main Business
5.12.3 THINGWORX (PTC) Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.12.4 THINGWORX (PTC) Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.12.5 THINGWORX (PTC) Recent Developments
5.13 VERIZON
5.13.1 VERIZON Profile
5.13.2 VERIZON Main Business
5.13.3 VERIZON Internet of Things (IoT) in Smart Cities Products, Services and Solutions
5.13.4 VERIZON Internet of Things (IoT) in Smart Cities Revenue (US$ Million) & (2018-2023)
5.13.5 VERIZON Recent Developments
6 North America
6.1 North America Internet of Things (IoT) in Smart Cities Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Internet of Things (IoT) in Smart Cities Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Internet of Things (IoT) in Smart Cities Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Internet of Things (IoT) in Smart Cities Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Internet of Things (IoT) in Smart Cities Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Internet of Things (IoT) in Smart Cities Market Dynamics
11.1 Internet of Things (IoT) in Smart Cities Industry Trends
11.2 Internet of Things (IoT) in Smart Cities Market Drivers
11.3 Internet of Things (IoT) in Smart Cities Market Challenges
11.4 Internet of Things (IoT) in Smart Cities Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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