Market Share of Smart City Platform Industry
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.
Smart City Platforms Market Leaders
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Nokia Corporation
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Microsoft Corporation
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Hitachi Ltd.
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Huawei Technologies Co., Ltd.
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Schneider Electric
*Disclaimer: Major Players sorted in no particular order
