How big is the Smart City Platform Market?

The Smart City Platform Market size is expected to reach USD 42.01 billion in 2024 and grow at a CAGR of 35.55% to reach USD 192.22 billion by 2029. Read More

What is the current Smart City Platform Market size?

In 2024, the Smart City Platform Market size is expected to reach USD 42.01 billion. Read More

Who are the key players in Smart City Platform Market?

Nokia Corporation, Microsoft Corporation, Hitachi Ltd., Huawei Technologies Co., Ltd. and Schneider Electric are the major companies operating in the Smart City Platform Market. Read More

Which is the fastest growing region in Smart City Platform Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Smart City Platform Market?

In 2024, the North America accounts for the largest market share in Smart City Platform Market. Read More

What years does this Smart City Platform Market cover, and what was the market size in 2023?

In 2023, the Smart City Platform Market size was estimated at USD 30.99 billion. The report covers the Smart City Platform Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Smart City Platform Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Smart City Platform Market - Share, Companies & Size

Smart City Platform Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Smart City Platforms Market Growth & Trends. The Market is Segmented by Platform Type (Connectivity Management Platform, Integration Platform, Device Management Platform, Data Management Platform, Security Management Platform), Application (Smart Mobility/Transportation, Smart Security, Smart Utilities, Smart Governance, Smart Infrastructure, Smart Healthcare), Deployment (On-premise, Cloud), and Geography.

Smart City Platforms Industry Overview

The Smart City Platform Market is highly competitive, with many companies providing such platforms across the globe. The market players are consistently evolving and innovating the solutions they provide to attract most of the market share globally. Companies are spending huge sums of money on R&D to innovate new solutions by integrating different technologies, making it a highly competitive market.

November 2021 - The Manila Municipal Government formed a partnership with Microsoft to accelerate Microsoft's goal of building a 21st-century economy and strengthening how the city government works internally. Also, the partnership aims to optimize the city's "GoManila" platform, a city-wide digital data infrastructure initiative, and strengthen its data governance policy. Microsoft will provide access to government-specific resources and expertise in artificial intelligence, broadening the horizons of future digital plans.
October 2021 - Cyta chose Nokia to deliver its Integrated Operations Center (IOC) solution in the Municipality of Nicosia. This enables Nicosia to advance its smart city transformation, enhancing citizen services and improving environmental sustainability. Nokia IOC will also deliver a range of new digital services, including urban mobility, smart parking, intelligent street lighting, environmental sensors, sustainable waste management, digital signage, and information services.
March 2021 - Nokia has announced to deliver a smart city management platform for Nicosia as a part of Nicosia's long-term smart city strategy. The platform will enhance existing citizen services and enable city authorities to deliver a range of new ones in areas such as mobility, smart parking, intelligent lighting, and sustainable waste management.