The Global Smart Cities Market is Expected to reach US$1,026.3 billion by 2017

2013-02-27
Published : Feb-2013

Latest Technology Set to Take Care of Our Cities

The world is swiftly becoming more urbanized thanks to growing global populations and migration from rural areas to cities, and the resulting stress to virtually all global systems may only be solved by the concept of smart cities, states a new report by GBI Research.

The new report* argues that while it is becoming a bigger and bigger challenge to maintain necessary supplies of water, energy, food, communication and transport to meet growing demands in urban centers, a complete replacement of old and established city infrastructures would be unrealistic in terms of cost and time. However, digitalizing the existing infrastructure would allow it to collect and analyze data in order to respond intelligently to all domestic needs, allowing cities to grow without fear of their infrastructure overloading.

The smart cities market includes smart homes, smart buildings, smart grid, smart industry automation, smart healthcare, smart education, smart transportation and smart security. Many countries are witnessing their cities expanding at an extraordinary rate, with China’s urbanization rate reaching 52.57% in 2012, and there is a growing need to apply smart city concepts to such bustling urban centers in order for them to cope with the massive population increases.

 

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Test beds for various smart grid and smart city technologies are present around the world, with projects such as the smart grid smart city project in Australia, the Jeju Island smart grid project in Korea, Amsterdam Smart City Project in Netherlands and Energy Smart Miami in the US helping to develop a state-of-art and competitive urban infrastructure. The target-specific roll-out plans, attractive incentives and funding arrangements from governments are helping utilities to implement their smart city projects.

The global Smart Cities market was worth US$442 billion in 2011, and is expected to reach a value of US$1,026.3 billion by 2017, following growth at a Compound Annual Growth Rate (CAGR) of 15%.

*Smart Cities Market to 2017 – Smart Security Segment to Flourish as Interoperability Standards and Public Private Partnerships Promote Growth

This report gives an in-depth analysis of the global smart cities market, and provides market revenues for the global smart cities market and its major sectors, such as smart buildings, smart homes, smart transportation, smart grids, smart healthcare, smart education, smart security and smart industry automation between 2011 and 2017.

 

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Major points from Table of Contents:

1 Table of Contents 6
1.1 List of Tables 8
1.2 List of Figures 9

2 Introduction 10

3 Global Smart Cities Market to 2017 11
3.1 Smart City Concept 11
3.2 Smart Cities Market Dynamics 13
3.2.1 Smart Cities Market, Key Drivers 13
3.2.2 Smart Cities Market, Key Restraints 14
3.3 Smart Cities Market, Global, Revenue, 2011–2017 15
3.4 Smart Cities Market, Revenue, Geographic Analysis, 2011–2017 16

4 Smart Cities Components 17
4.1 Smart Homes 17
4.1.1 Smart Homes Market, Global, Overview 17
4.1.2 Smart Homes Market, Global, Revenue, 2011–2017 17
4.1.3 Smart Homes Market, Revenue, Geographic Analysis, 2011–2017 19
4.1.4 Smart Homes Components 20
4.1.5 Smart Home Market, Global, Revenue, By Products, 2011–2017 22
4.2 Smart Buildings 24
4.2.1 Smart Buildings Market, Global, Overview 24
4.2.2 Smart Buildings Market, Global, Revenue, 2011–2017 25
4.2.3 Smart Buildings Market, Revenue, Geographic Analysis, 2011–2017 26
4.2.4 Smart Building Components 27
4.2.5 Smart Buildings Market, Global, Revenue, By Product, 2011–2017 29
4.3 Smart Grid Systems 30
4.3.1 Smart Grid Market, Global, Overview 30
4.3.2 Smart Grid Market, Global, Revenue, 2011–2017 31
4.3.3 Smart Grid Market, Revenue, Geographic Analysis, 2011–2017 32
4.3.4 Smart Grid, Technology Overview 33
4.3.5 Smart Grid, Technology Classification 36
4.3.6 Smart Grid Market, Global, Revenue, By Technology, 2011–2017 40
4.4 Smart Healthcare 41
4.4.1 Smart Healthcare Market, Global, Overview 41
4.4.2 Smart Healthcare Market, Global, Revenue, 2011–2017 41
4.4.3 Smart Healthcare Market, Revenue, Geographic Analysis, 2011–2017 43
4.4.4 Smart Healthcare Applications 44
4.5 Smart Industry Automation 45
4.5.1 Smart Industry Automation Market, Global, Overview 45
4.5.2 Smart Industry Automation Market, Global, Revenue, 2011–2017 46
4.5.3 Smart Industry Automation Market, Revenue, Geographic Analysis, 2011–2017 47
4.5.4 Smart Industry Automation Components 48
4.6 Smart Education 50
4.6.1 Smart Education Market, Global, Overview 50
4.6.2 Smart Education Market, Global, Revenue, 2011–2017 50
4.6.3 Smart Education Market, Revenue, Geographic Analysis, 2011–2017 52
4.6.4 Smart Education Hardware products 53
4.6.5 Smart Education Software products 53
4.6.6 Smart Education Services 54
4.6.7 Educational Content 54
4.6.8 Smart Education Market, Global, Revenue, By Products, 2011–2017 55
4.7 Smart Transportation 56
4.7.1 Smart Transportation Market, Global, Overview 56
4.7.2 Smart Transportation Market, Global, Revenue, 2011–2017 56
4.7.3 Smart Transportation Market, Revenue, Geographic Analysis, 2011–2017 58
4.7.4 Smart Transportation Components 59
4.7.5 Smart Transportation Market, Global, Revenue, By Components, 2011–2017 62
4.7.6 Electric Vehicles and their Charging Stations 63
4.8 Smart Security 65
4.8.1 Smart Security Market, Global, Overview 65
4.8.2 Smart Security Market, Global, Revenue, 2011–2017 65
4.8.3 Smart Security Market, Revenue, Geographic Analysis, 2011–2017 67
4.8.4 Smart Security Components 68

5 Global Smart Cities Market, Major Existing Smart Cities Projects 70
5.1 Amsterdam Smart City, the Netherlands 70
5.2 Dongtan Eco-city, China 71
5.3 Meixi Lake, China 71
5.4 Tianjin Eco-City, China 72
5.5 Smart Grid Smart City, Australia 72
5.5.1 Future Road Map 74
5.6 Jeju Island, South Korea 75
5.6.1 Future Road Map 76
5.7 Boulder, Colorado 77
5.8 Energy Smart Miami 79
5.8.1 Roadmap 80
5.9 Songdo IBD, South Korea 80
5.10 Masdar City, Abu Dhabi 81
5.11 Dubuque Smart City, the US 82
5.12 Lyon Smart City, France 83

6 Global Smart Cities Market, Major Contracts 84

7 Smart Cities Market, Major Deals 104

8 Appendix 124
8.1 Market Definition 124
8.1.1 Geographic Analysis 124
8.1.2 Segment Analysis 124
8.2 Abbreviations 124
8.3 References 126
8.4 Methodology 127
8.4.1 Coverage 127
8.4.2 Secondary Research 127
8.4.3 Primary Research 128
8.4.4 Expert Panel Validation 128
8.5 Contact Us 128
8.6 Disclaimer 128

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